Sen. Chris Murphy
👤 SpeakerAppearances Over Time
Podcast Appearances
Not just people out in the public, but members of Congress, right, start signing up for the project the bolder it is.
So, yes, those are hard things to unwind, but they become less hard if you state very clearly at the outset about what your intentions are.
So what did we do last year?
We passed a bill essentially greenlighting the massive expansion of the crypto industry and corruption inside the crypto industry with Democratic votes.
The Stablecoin Act, the Genius Act, which has like a modicum of consumer protections, literally has in it a carve-out from ethics rules for the President of the United States
to be able to issue his own cryptocurrency.
Like, that's incredible that the Democratic Party signed off on a crypto regulatory bill that greenlights Donald Trump's corruption scheme
There's no explanation for why we did that other than the integration of parts of our party and very powerful people in the crypto industry, or maybe more charitably, our fear
that the crypto industry is gonna spend a ton of money against Democrats in the next election if we don't do what they want.
But that's just a slightly more acceptable form of corruption, right?
Just the, I'm gonna do what you want because I fear that there's gonna be political consequences in the next election.
So yeah, the memo that Adam and Elizabeth and Tina and I sent says very simply, you're not gonna win
over the public unless you tell a story about corporate and billionaire corruption.
Because people are smarter than a lot of us think they are.
People understand that the corruption of the economy, right, their stagnation in their economic lives is derivative, is downstream of the corruption of our politics.
And if you don't tell that full story,
the influence that the corporations and the billionaires have in our politics, and how that has limited your economic opportunities, your message is just not believable.
If you just start with, let's trim the sales of the way that the pharmaceutical companies price drugs, it's like you're not telling me the whole story.