“Greed is an issue we’ve got to deal with”

Pub date December 3, 2010
SectionPolitics Blog

As President Barack Obama and other top Democrats cravenly negotiate a surrender to Republican extortion and class warfare on behalf of the greedy rich, Sen. Bernie Sanders (I-Vermont) took to the floor of the U.S. Senate to give a full-throated denunciation of the effort and the “war being waged by some of the wealthiest and most powerful people in this country against the working families of the United States of America.”

It’s an extraordinary speech that everyone should watch:


Sanders correctly notes the hypocrisy of right-wingers who complain about the budget deficit when the topic is social programs or extending unemployment insurance, but then turn around and advocate for extending $700 billion in tax cuts to the richest 2 percent of Americans and abolishing the estate tax, which would give $1 trillion to the richest one-third of 1 percent.

“Their greed has no end, and apparently there is very little concern for the country or the people of this country if it gets in the way of the accumulation of more and more wealth and more and more power,” Sanders said as he compared the U.S. to a banana republic and cited statistics showing the grossly unbalanced distribution of income and wealth is at one of the worst points in our history, and far worse than any other industrialized country in the world. “And still they want more!”

Obama and the Democrats: Please listen to Sanders! History, and the working people of this country, are watching. As Sanders said, “Greed is a issue we’ve got to deal with.”