Bernie Sanders continued bringing the truth to the media world on CNBC's John Harwood.
“I think it’s sick, and I think these people are so greedy. They’re so out of touch with reality, and they think they own the world, and the idea that me or anybody else are challenging them and saying maybe, just maybe, there’s something wrong with 99% of all new income going to the top 1%. Oh, this is Hitlerism to suggest that? What a disgusting remark. If you’ve seen a massive transfer of wealth from the middle-class to the top one ten of one percent, in our view, you ought to transfer that back. When radical socialist Dwight D. Eisenhower was president, I think the highest marginal tax rate was ninety percent or something like that.”
Let me answer it this way, John. I think there is obviously an enormously important role for the free market and for entrepreneurial activity. I worry how free the free market is. In sector after sector, you have a small number of companies controlling a large part of the sector.
Certainly, in my view, the major banks should be broken up. We want entrepreneurs and private businesses to create wealth. No problem. But what we're living in now is what I would call—what Pope Francis calls—a casino-type capitalism, which is out of control, where the people on top have lost any sense of responsibility for the rest of the society. Where it's just "It's all me. It's all me. And to heck with anybody else." I want to see the result of that wealth go to the broad middle class of this country and not just to a handful of people.
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