Bernie Sanders is not a name you will hear in the mainstream media. Like his fellow Senator, Ron Paul, the independent Senator for Vermont is not part of the cosy duopoly of American politics. He is an outspoken critic of the status quo in the US political and economic structure and in particular the extreme disparity in wealth between those at the top and those at the bottom. He is also a strong critic of genetic engineering and the lack of labeling of GE products in the US food chain. He takes no prisoners in his speeches.
Here are few points from part of his speech below.
- The 400 wealthiest individuals in the US have more wealth than the bottom 150 million people
- The family that owns Walmart has more wealth than the bottom 30% or 90 million people
- The top 1% own 40% of US wealth – the bottom 60% less than 2% and the bottom 40% less than 0.3%