LEFT-WING PRESIDENT.
I THINK THAT IS UNREAL
I THINK THAT IS UNREAL
EXPECTATION EVEN FOR THE
EXPECTATION EVEN FOR THE
SOCIALISTS.
SOCIALISTS.
>> WE LEARNED BERNIE SANDERS IS
>> WE LEARNED BERNIE SANDERS IS
NOW THE LEADING CANDIDATE IN THE
NOW THE LEADING CANDIDATE IN THE
DEMOCRATIC PARTY.
DEMOCRATIC PARTY.
HE IS LIKE A JUGGERNAUT RIGHT
HE IS LIKE A JUGGERNAUT RIGHT
NOW.
NOW.
>> RIGHT.
>> RIGHT.
CHARLES: THE PROMISES HE HAS
CHARLES: THE PROMISES HE HAS
MADE MEANS THEY HAVE TO
MADE MEANS THEY HAVE TO
CONFISCATE OR REDIRECT TONS OF
CONFISCATE OR REDIRECT TONS OF
MONEY, PERHAPS TRILLIONS OF
MONEY, PERHAPS TRILLIONS OF
DOLLARS FROM SOMEWHERE.
DOLLARS FROM SOMEWHERE.
THE LARGEST POOLS OF MONEY ARE
THE LARGEST POOLS OF MONEY ARE
CORPORATE PROFITS ARE SITTING IN
CORPORATE PROFITS ARE SITTING IN
RETIREMENT ACCOUNTS.
RETIREMENT ACCOUNTS.
MUST LOOK ENTIESING BECAUSE THEY
MUST LOOK ENTIESING BECAUSE THEY
ALREADY RAISE RAIDED
ALREADY RAISE RAIDED
SOCIAL SECURITY.
SOCIAL SECURITY.
IF THERE WAS A SOCIAL SECURITY
IF THERE WAS A SOCIAL SECURITY
LOCKBOX, IT WOULD BE EMPTY, THIS
LOCKBOX, IT WOULD BE EMPTY, THIS
WOULD BE COBWEBS THERE.
WOULD BE COBWEBS THERE.
THEY HAVE TO RAISE SOMETHING
THEY HAVE TO RAISE SOMETHING
ELSE.
ELSE.
>> LET ME RAISE ONE PROBLEM
>> LET ME RAISE ONE PROBLEM
BERNIE SANDERS HAS WILL SURFACE
BERNIE SANDERS HAS WILL SURFACE
BIG TIME.
BIG TIME.
NOT MANY PEOPLE IN THIS ROOM
NOT MANY PEOPLE IN THIS ROOM
KNOW FOR FOUR YEARS THE SATE OF
KNOW FOR FOUR YEARS THE SATE OF
VERMONT TRIED TO IMPOSE A
VERMONT TRIED TO IMPOSE A
SOCIALIZED HEALTH CARE SYSTEM, A
SOCIALIZED HEALTH CARE SYSTEM, A
SINGLE-PAYER SYSTEM.
SINGLE-PAYER SYSTEM.
THEY GAVE IT FOUR YEARS.
THEY GAVE IT FOUR YEARS.
THEY GAVE IT VERMONT.
THEY GAVE IT VERMONT.
THIS IS BERNIE SANDERS’S HOME
THIS IS BERNIE SANDERS’S HOME
STATE.
STATE.
THEY TRIED FOR FOUR YEARS AND
THEY TRIED FOR FOUR YEARS AND
GAVE UP.
GAVE UP.
THEY COULD NOT DO IT BECAUSE
THEY COULD NOT DO IT BECAUSE
THEY COULD NOT PAY FOR IT.
THEY COULD NOT PAY FOR IT.
THAT GOES TO THE HEART OF YOUR
THAT GOES TO THE HEART OF YOUR
QUESTION.
QUESTION.
YOU CAN’T PAY FOR THIS STUFF.
YOU CAN’T PAY FOR THIS STUFF.
HE HAD TO GIVE IT UP IN VERMONT.
HE HAD TO GIVE IT UP IN VERMONT.
I THINK IT IS A HUGE PROBLEM
I THINK IT IS A HUGE PROBLEM
GOING FORWARD.
GOING FORWARD.
HE ATTEMPTS TO IMPOSE THAT ON
HE ATTEMPTS TO IMPOSE THAT ON
THE WHOLE NATION WHEN HE
THE WHOLE NATION WHEN HE
COULDN’T DO IT IN HIS OWN STATE.
COULDN’T DO IT IN HIS OWN STATE.
THAT IS A PROBLEM 1/2.
THAT IS A PROBLEM 1/2.
CHARLES: MEANTIME YOU DO HAVE
CHARLES: MEANTIME YOU DO HAVE
PROGRESSIVE STATES LIKE
PROGRESSIVE STATES LIKE
CALIFORNIA WHICH ARE REWRITING
CALIFORNIA WHICH ARE REWRITING
RULES ON EVERYTHING.
RULES ON EVERYTHING.
BECAUSE THEY’RE SO BIG, ALMOST
BECAUSE THEY’RE SO BIG, ALMOST
40 MILLION PEOPLE, IT FEELS LIKE
40 MILLION PEOPLE, IT FEELS LIKE
EVERY OTHER STATE IS ALMOST
EVERY OTHER STATE IS ALMOST
OBLIGATED TO FALL BEHIND THEM.
OBLIGATED TO FALL BEHIND THEM.
AND YOU KNOW, THEY’RE GOING DOWN
AND YOU KNOW, THEY’RE GOING DOWN
THIS PATH ALSO.
THIS PATH ALSO.
IT IS HARD TO IGNORE THE THREAT
IT IS HARD TO IGNORE THE THREAT
RIGHT NOW.
RIGHT NOW.
IF IT DID HAPPEN, WHAT WOULD BE
IF IT DID HAPPEN, WHAT WOULD BE
THE ECONOMIC CONSEQUENCES?
THE ECONOMIC CONSEQUENCES?
LET’S ASSUME THEY COULD DO THESE
LET’S ASSUME THEY COULD DO THESE
THINGS.
THINGS.
>> IN MY OPINION DEPRESSION, NO
>> IN MY OPINION DEPRESSION, NO
QUESTION ABOUT IT.
QUESTION ABOUT IT.
LIKE I SAID BEFORE, YOU TAKE
LIKE I SAID BEFORE, YOU TAKE
TRILLIONS OF DOLLARS OUT OF THE
TRILLIONS OF DOLLARS OUT OF THE
PRIVATE ECONOMY, PRIVATE
PRIVATE ECONOMY, PRIVATE
PEOPLE’S HANDS, YOU TAKE TENS OF
PEOPLE’S HANDS, YOU TAKE TENS OF
TRILLIONS OUT, YOU STICK IT TO
TRILLIONS OUT, YOU STICK IT TO
THE GOVERNMENT AND THEY
THE GOVERNMENT AND THEY
DISTRIBUTE IT, THAT IS
DISTRIBUTE IT, THAT IS
DEPRESSION SITUATION.
DEPRESSION SITUATION.
CHARLES: ARE YOU SHOCKED,
CHARLES: ARE YOU SHOCKED,
STUART, AT A NEWLY-MINTED
STUART, AT A NEWLY-MINTED
AMERICAN, BEEN HERE FOR A WHILE
AMERICAN, BEEN HERE FOR A WHILE
BUT YOU JUST GOT YOUR
BUT YOU JUST GOT YOUR
CITIZENSHIP AT THE REJECTION,
CITIZENSHIP AT THE REJECTION,
MOUNTING REJECTION, NOT EMBRACE
MOUNTING REJECTION, NOT EMBRACE
OF SOCIALISM BUT REJECTION OF
OF SOCIALISM BUT REJECTION OF
CAPITALISM IN THIS COUNTRY?
CAPITALISM IN THIS COUNTRY?
>> IT SEEMS LIKE WE HAVE TO
>> IT SEEMS LIKE WE HAVE TO
RELEARN THE LESSONS OF HISTORY
RELEARN THE LESSONS OF HISTORY
EACH GENERATION.
EACH GENERATION.
THE LESSON OF HISTORY IS
THE LESSON OF HISTORY IS
SOCIALISM DOESN’T WORK.
SOCIALISM DOESN’T WORK.
CAPITALISM DOES WORK T SEEMS
CAPITALISM DOES WORK T SEEMS
THAT THIS GENERATION I AM NOT
THAT THIS GENERATION I AM NOT
DOWN ON THIS GENERATION, BUT I
DOWN ON THIS GENERATION, BUT I
THINK THEY HAVE TO RELEARN THE
THINK THEY HAVE TO RELEARN THE
LESSONS OF HISTORY.
LESSONS OF HISTORY.
IT IS A PAINFUL LESSON.
IT IS A PAINFUL LESSON.
CHARLES: A YOUNG MAN IN THE
CHARLES: A YOUNG MAN IN THE
AUDIENCE RAISED HIS HAND, AGREED
AUDIENCE RAISED HIS HAND, AGREED
WITH THE STATEMENT THAT
WITH THE STATEMENT THAT
CAPITALISM IS MORALLY BANKRUPT.
CAPITALISM IS MORALLY BANKRUPT.
>> NO, I DON’T THINK IT IS.
>> NO, I DON’T THINK IT IS.
>> ON TRACK FOR TRAGEDY.
>> ON TRACK FOR TRAGEDY.
>> CAPITALISM IS BASED ON
>> CAPITALISM IS BASED ON
INDIVIDUAL LIBERTY AND FREEDOM,
INDIVIDUAL LIBERTY AND FREEDOM,
THE FREEDOM TO CHOOSE YOUR
THE FREEDOM TO CHOOSE YOUR
DESTINY.
DESTINY.
I DON’T THERE IS ANYTHING
I DON’T THERE IS ANYTHING
IMMORAL ABOUT THAT.
IMMORAL ABOUT THAT.
DON’T TALK TO ME ABOUT INCOME
DON’T TALK TO ME ABOUT INCOME
INEQUALITY AS DREADFUL THING.
INEQUALITY AS DREADFUL THING.
THIS ADMINISTRATION, THE TRUMP
THIS ADMINISTRATION, THE TRUMP
ADMINISTRATION IS NARROWING THE
ADMINISTRATION IS NARROWING THE
INCOME INEQUALITY GAP.
INCOME INEQUALITY GAP.
I TELL YOU A FACT, THE LOWER 50%
I TELL YOU A FACT, THE LOWER 50%
OF THE POPULATION, BOTTOM HALF
OF THE POPULATION, BOTTOM HALF
OF THE POPULATION, THEIR NET
OF THE POPULATION, THEIR NET
WORTH IN THIS ADMINISTRATION HAS
WORTH IN THIS ADMINISTRATION HAS
GONE UP BY 47%.
GONE UP BY 47%.
THE NET WORTH OF THE TOP 1%, THE
THE NET WORTH OF THE TOP 1%, THE
RICH, HAS GONE UP 13%.
RICH, HAS GONE UP 13%.
DON’T TALK TO ME ABOUT ABSOLUTE
DON’T TALK TO ME ABOUT ABSOLUTE
DOLLARS.
DOLLARS.
TALK TO ME ABOUT PERCENTAGE
TALK TO ME ABOUT PERCENTAGE
TERMS AND NARROWING OF THE
TERMS AND NARROWING OF THE
INCOME GAP BECAUSE THAT IS
INCOME GAP BECAUSE THAT IS
WHAT’S GOING ON NOW.
WHAT’S GOING ON NOW.
YOU WILL NEVER HEAR IT IN THE
YOU WILL NEVER HEAR IT IN THE
ESTABLISHMENT MEDIA BECAUSE THEY
ESTABLISHMENT MEDIA BECAUSE THEY
HAVE GONE SOCIALIST.
HAVE GONE SOCIALIST.
YOU WILL HEAR IT FROM ME, THE
YOU WILL HEAR IT FROM ME, THE
INCOME GAP IS NARROWING,
INCOME GAP IS NARROWING,
CAPITALIST POLICIES OF
