A Quote by Bernie Sanders
The reality is that we have one of lowest voter turnouts of any major country on earth because so many people have given up on the political process. The reality is that there has been trillions of dollars of wealth going from the middle class in the last 30 years to the top 1/10th of 1 percent.
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They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?
For 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity. And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America
This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in America is going to the top 1 percent. You have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.
What democratic socialism is about is saying that it is immoral and wrong that the top one-tenth of 1 percent in this country own almost 90 percent - almost - own almost as much wealth as the bottom 90 percent. That it is wrong, today, in a rigged economy, that 57 percent of all new income is going to the top 1 percent. That when you look around the world, you see every other major country providing health care to all people as a right, except the United States.
We find all the no-life-support-wealth-producing people going to their 1980s jobs in their cars and buses, spending trillions of dollars' worth of petroleum daily to get to their no-wealth-producing jobs. It doesn't take a computer to tell you that it will save both Universe and humanity trillions of dollars a day to pay them handsomely to stay at home.
This is what oligarchy looks like: Today, the top one-tenth of 1 percent owns almost as much wealth as the bottom 90 percent. The top one-hundredth of 1 percent makes more than 40 percent of all campaign contributions. The billionaire class owns the political system and reaps the benefits from it.
In Maryland, I didn't grow up around poor white people. Where I grew up, the white people were middle class or upper-middle class. It's interesting how screwed up it is in reality, because most people who receive assistance from the government are white, but not in my head or in my experience.
Just as if you do a mash-up of reality from the point of view of African Americans in this country, you're going to end up with something that will say, "This is Black Lives Matter." It's not that people necessarily have started out from that premise. But if you're looking at reality, that will be the result because that is reality.
It's still popular to ... insist that globalization is a rising tide that lifts all boats, but the hard reality is that the last thirty years have seen America's once proud and prosperous working class thrown to the wolves, so corporations could keep boosting their quarterly profits and the middle class could maintain a filmy illusion of wealth through access to cheap consumer goods.
For Democrats to win, they're going to have to address the needs of working people. They're going to have to address the needs of the middle class. And that means standing up to Wall Street, standing up to the greed of corporate America. Even now and then, standing up to the media. And that means having a candidate who can excite working families, excite young people, bring them into the political process, create a large voter turnout.
Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top.
The United States has got to join the rest of the industrialized world in making sure that working families of the middle class have benefits that they absolutely need. We are the only major country on Earth that does not guarantee health care to all people as a right. We are the only major country on Earth that does not provide paid family and medical leave. There are many countries around the world which make sure that public colleges and universities are tuition-free. In our country, it's becoming increasingly difficult to afford to go to college.
Wealth, in terms of dollars and so forth, could be counted up, because dollars were finite. It doesn’t make any difference how many dollars you have - at a certain point you only have dollars. You start with finite, you end with finite.
Wealth, in terms of dollars and so forth, could be counted up, because dollars were finite. It doesn't make any difference how many dollars you have-at a certain point you only have dollars. You start with finite, you end with finite.
For most people, their wealth accrues slowly, and at any given point they say, 'Okay, I should kick up my standard of living because now I've earned slightly more wealth.' I went from the dorm room to having a billion dollars.
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