Bernie Sanders
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And I said, Bill, you know, you're worth a zillion dollars. Were you motivated as a young man with the dream that you'd become? He said, no. He said, I love computer programming. That's what I loved. That was his passion. Then he ended up making huge amounts of money. So, you know, I don't begrudge people making a lot of money, but I think there is, should be a limit there. to how much you make.
And I said, Bill, you know, you're worth a zillion dollars. Were you motivated as a young man with the dream that you'd become? He said, no. He said, I love computer programming. That's what I loved. That was his passion. Then he ended up making huge amounts of money. So, you know, I don't begrudge people making a lot of money, but I think there is, should be a limit there. to how much you make.
And I said, Bill, you know, you're worth a zillion dollars. Were you motivated as a young man with the dream that you'd become? He said, no. He said, I love computer programming. That's what I loved. That was his passion. Then he ended up making huge amounts of money. So, you know, I don't begrudge people making a lot of money, but I think there is, should be a limit there. to how much you make.
And also, and then getting back to economics, is we are looking at a nation today, not only with massive income and wealth inequality, but incredible concentration of ownership. Want to hear a fact? Yeah. You got three Wall Street investment firms BlackRock, State Street, and Vanguard. Vanguard, yes. Who combined are the major stockholders in 95% of the corporations in America.
And also, and then getting back to economics, is we are looking at a nation today, not only with massive income and wealth inequality, but incredible concentration of ownership. Want to hear a fact? Yeah. You got three Wall Street investment firms BlackRock, State Street, and Vanguard. Vanguard, yes. Who combined are the major stockholders in 95% of the corporations in America.
And also, and then getting back to economics, is we are looking at a nation today, not only with massive income and wealth inequality, but incredible concentration of ownership. Want to hear a fact? Yeah. You got three Wall Street investment firms BlackRock, State Street, and Vanguard. Vanguard, yes. Who combined are the major stockholders in 95% of the corporations in America.
Go look at your favorite corporation, see who owns it. It'll be one of those. Who's the major stockholder? They'll be there. What do you think about that? That's power. What is the impact of that? How does that power wield? It means that you have three entities with boards of directors who have significant control of every major corporation in America. What that means is, do they stay in America?
Go look at your favorite corporation, see who owns it. It'll be one of those. Who's the major stockholder? They'll be there. What do you think about that? That's power. What is the impact of that? How does that power wield? It means that you have three entities with boards of directors who have significant control of every major corporation in America. What that means is, do they stay in America?
Go look at your favorite corporation, see who owns it. It'll be one of those. Who's the major stockholder? They'll be there. What do you think about that? That's power. What is the impact of that? How does that power wield? It means that you have three entities with boards of directors who have significant control of every major corporation in America. What that means is, do they stay in America?
Do they go abroad? Do they pay their workers a decent wage or do they treat them like crap? That's what it means.
Do they go abroad? Do they pay their workers a decent wage or do they treat them like crap? That's what it means.
Do they go abroad? Do they pay their workers a decent wage or do they treat them like crap? That's what it means.
That's right. That's your retirement goes into Vanguard. But that's one thing. But the other thing is that Vanguard, State Street and BlackRock have enormous economic power, which is not a good thing. And they're not using it benevolently. They're not. They're using it to make more money. So the issue is that we got to take a look at.
That's right. That's your retirement goes into Vanguard. But that's one thing. But the other thing is that Vanguard, State Street and BlackRock have enormous economic power, which is not a good thing. And they're not using it benevolently. They're not. They're using it to make more money. So the issue is that we got to take a look at.
That's right. That's your retirement goes into Vanguard. But that's one thing. But the other thing is that Vanguard, State Street and BlackRock have enormous economic power, which is not a good thing. And they're not using it benevolently. They're not. They're using it to make more money. So the issue is that we got to take a look at.
is we ought to ask questions that I got to tell you in Congress is very rarely asked and in the media is very rarely asked. In the wealthiest country on earth, should everybody have a decent standard of living? Americans, yes and no. Some people will say, no, hey, it's a tough world out there. I'm sorry. I'm smarter than you. I work harder. My dad gave me a lot of money. You don't have it.
is we ought to ask questions that I got to tell you in Congress is very rarely asked and in the media is very rarely asked. In the wealthiest country on earth, should everybody have a decent standard of living? Americans, yes and no. Some people will say, no, hey, it's a tough world out there. I'm sorry. I'm smarter than you. I work harder. My dad gave me a lot of money. You don't have it.
is we ought to ask questions that I got to tell you in Congress is very rarely asked and in the media is very rarely asked. In the wealthiest country on earth, should everybody have a decent standard of living? Americans, yes and no. Some people will say, no, hey, it's a tough world out there. I'm sorry. I'm smarter than you. I work harder. My dad gave me a lot of money. You don't have it.
Tough crap. At least they're honest. Yeah, that's what some people will say. Most people will not say that. Most people will say, you know what? Yeah, I don't think anybody should be sleeping out on the street. I don't think anybody should not be able to go to a doctor. That's what most people will say. Okay? What does that mean in terms of practical politics?
Tough crap. At least they're honest. Yeah, that's what some people will say. Most people will not say that. Most people will say, you know what? Yeah, I don't think anybody should be sleeping out on the street. I don't think anybody should not be able to go to a doctor. That's what most people will say. Okay? What does that mean in terms of practical politics?