Bernie Sanders: Concentrated Wealth is Concentrated Power

TRNN Replay: At the Sanders Institute Gathering, Sen. Sanders joins Paul Jay who asks if breaking up the big banks is enough to weaken the power of Wall St.

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26 thoughts on “Bernie Sanders: Concentrated Wealth is Concentrated Power

  1. There are 75 million millennials. If every millennial and younger down to 18 voted in the primaries, it would be a cake walk for progressives in the primaries AND in the general. I'm not saying all would vote for Bernie — 'cause Gabbard and Warren are also progressive options. But Bernie would win.

  2. I love your content man, but whats with "The Real News Network" as your Channel Name?.. Are you memeing?? You know playing on the irony & absurdity of the current 'fake news' troling from Trump? Or is it completely serious?

    Its cool either way, just curious.

  3. I'm just glad we have politicians actually talking about income inequality in real terms. Michelle Obama said Barack was thinking about this issue in the 1980s (when she met him)…yet after 8 years of an Obama presidency, wealth concentration has only gotten worse, and the banks have gotten bigger. This economic system is wildly out of control, and we need politicians acknowledging that reality (and immorality) of having a handful of billionaires having far bigger voices in the political process than 150 million+ Americans.

  4. He is a fraud and a loser. He lived off of welfare until he became mayor of Burlington. He's only managed to create wealth while "serving the public."

  5. Think about this for a second: What if you could literally DOUBLE what you're worth? What if you could double your income, double your belongings, double your home, car, everything. Most of us would think that would be great and we'd probably be living far better. Now think about that the top .1% own as much wealth as the bottom 90% which is the majority of America. If we literally seized all of their money we could actually make that doubling of everything for the majority of the country a reality. Now I'm not saying we should just take their money and have a socialist country, but the idea that they're taking so much money we're only worth half of what previous generations were is just outrageous. People should not be willing to accept this, Trump supporter or not.

  6. Concentrated wealth is in the hands of Concentrated Power, because we do not have a Free Market system. Instead, we have Fascism (i.e., Crony Capitalism).

  7. REASONS TO VOTE SANDERS …

    A voting record and accomplishments to be proud of :

    ~Votes against a measure providing President George H. W. Bush with
    authorization to use military force in the Gulf War. "I have a real fear
    that the region is not going to be more peaceful or more stable after
    the war," he says at the time.

    ~Co-founded the Congressional Progressive Caucus and chaired the group for its first 8 years.

    ~In 1992, Congress passes Sanders' first signed piece of legislation to
    create the National Program of Cancer Registries. All 50 states now run
    registries to help cancer researchers gain important insights.

    ~Voted against the Clinton-era North American Free Trade Agreement, which we now know sent millions of American jobs overseas.

    ~Sanders is one of only 67 votes against the discriminatory Defense of
    Marriage Act, which denied federal benefits to same-sex couples legally
    married. It took 17 years to overturn this Act.

    ~Standing up against the major pharmaceutical companies, Sanders becomes
    the first member of Congress to take seniors across the border to
    Canada to buy lower-cost prescription drugs. The congressman continues
    his bus trips to Canada with a group of breast cancer patients the
    following April. These women are able to purchase their medications in
    Canada for almost one-tenth the price charged in the States.

    ~Thanks to Sanders' efforts, IBM agreed to a $320 million legal settlement with some 130,000 IBM workers and retirees.

    ~About 10 years before the 2008 Wall Street crash spins the world
    economy into a massive recession, Sanders votes "no" on a bill to undo
    decades of financial regulations enacted after the Great Depression. The
    House passed the bill 362-57 over Sanders' objection.

    ~Sanders votes against the USA Patriot Act. "All of us want to protect
    the American people from terrorist attacks, but in a way that does not
    undermine basic freedoms," Sanders says at the time.

    ~Sanders votes against the Bush-Cheney war in Iraq. He warns at the time
    that an invasion could "result in anti-Americanism, instability and
    more terrorism." We now know that that war was one of the worst foreign
    policy decisions in our history.

    ~Sanders passes an amendment in the House to stop the government from obtaining library and book-buying records on Americans.

    ~Sanders defeats Vermont's richest man, Rich Tarrant, to be elected to
    the U.S. Senate. Sanders, running as an Independent, is endorsed by the
    Vermont Democratic Party and supported by the Democratic Senatorial
    Campaign Committee.

    ~Sanders' authored energy efficiency and conservation grant program
    passes into law. He later secures $3.2 billion in the American Recovery
    and Reinvestment Act of 2009 for the grant program.

    ~Thanks to Sanders' efforts, funding for the Low Income Home Energy
    Assistance Program funding doubles, helping millions of low-income
    Americans heat their homes in winter.

    ~Sanders works with Republican Sen. Chuck Grassley to pass an amendment
    to an economic recovery bill preventing Wall Street banks that take
    taxpayer bailouts from replacing laid-off U.S. workers with exploited
    and poorly-paid foreign workers.

    ~Sanders passes language in the Affordable Care Act to allow states to
    apply for waivers to implement pilot health care systems by 2017. The
    legislation allows states to adopt more comprehensive systems to cover
    more people at lower costs.

    ~In 2010, President Barack Obama signs into law the Affordable Care Act
    with a major Sanders provision to expand federally qualified community
    health centers. Sanders secures $12.5 billion in funding for the program
    which now serves more than 25 million Americans. Another $1.5 billion
    from a Sanders provision went to the National Health Service Corps for
    scholarships and loan repayment for doctors and nurses who practice in
    underserved communities.

    ~Sanders works with Republican Congressman Ron Paul in the House to pass
    a measure as part of the Dodd-Frank Wall Street reform bill to audit
    the Federal Reserve, revealing how the independent agency gave $16
    trillion in near zero-interest loans to big banks and businesses after
    the 2008 economic collapse.

    ~In 2012, he becomes Chairman of the Senate Veterans' Affairs Committee.

    ~Sanders, backed by seniors, women, veterans, labor unions and disabled
    Americans leads a successful effort to stop a "chained-CPI" proposal
    supported by Congressional Republicans and the Administration to cut
    Social Security and disabled veterans' benefits.

    ~Sanders introduces legislation to break up major Wall Street banks so
    large that the collapse of one could send the overall economy into a
    downward spiral.

    ~A bipartisan $16.5 billion veterans bill written by Sanders, Sen. John
    McCain and Rep. Jeff Miller is signed into law by President Barack
    Obama.

    ~In 2015, Sanders takes over as ranking member of the Senate Budget
    Committee, using the platform to fight for his economic agenda for the
    American middle class.

    ~Sanders votes against the Keystone XL pipeline which would allow
    multinational corporation TransCanada to transport dirty tar sands oil
    from Canada to the Gulf of Mexico.

    ~Both the NAACP and the NHLA (National Hispanic Leadership Agenda) have
    given Sanders 100% voting scores during his tenure in the Senate. Earns a
    D- from the NRA.

  8. gosh — i feel like an old girlfriend is back and I'm still heartbroken and unsure if I should love again.
    I love Bernie. I hope wins the whole thing. I will do everything I can to help make that happen.

  9. There are only two candidates generating excitement so far, the same two from the last election. The crazed, fearful lot are excited about Trump, and the righteous are excited about Bernie. No one is excited about anyone selling the status quo. No one is excited about false people pretending not to sell the status quo. The difference is this time there is no mafia don owed so many favors of allegiance like Hillary. This time the underdog is on top and it's going to stay that way.

  10. Jeff Bezos brilliantly borrowed billions of dollars and used that money to sell more books than anyone. For this reason he CLEARLY deserves to rule us and delimit our potential as a species in the way he sees fit. If you don't like it then you should borrow some billions and outsell him. Fair is fair.

  11. I like this journalist… amazed listening to an American talking about public banking… so cool; it worked in the past so well… in Spain we had public banking even in a right fascist dictatorship… it worked well.

  12. It's easy regulate finance if you don't own them money; they play dirty as well; but if people has information… are less likely to be manipulated; honest politicians need our support;

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