Bernie Sanders Unveils A 12 Point Economic Plan To Break The Koch Oligarchs

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On the Senate floor today, Sen. Bernie Sanders (I-VT) unveiled a twelve point economic plan that if enacted would break the backs of the Koch fueled oligarchs.

Video:

Sen. Sanders said, “Are we prepared to take on the enormous economic and political power of the billionaire class or do we continue to slide into economic and political oligarchy?…Today, millions of Americans are working longer hours for lower wages. In inflation-adjusted dollars, the median male worker earned $783 less last year than he made 41 years ago. The median female worker made $1,337 less last year than she earned in 2007. Since 1999, household income for the median middle-class family is less than it was a quarter century ago. We once led the world in terms of the percentage of our people who graduated college, but we are now in 12th place. Our infrastructure, once the envy of the world, is collapsing. Real unemployment today is not 5.8 percent, it is 11.5 percent if we include those who have given up looking for work or who are working part time when they want to work full time. Youth unemployment is 18.6 percent and African-American youth unemployment is 32.6 percent.”

Sanders detailed a 12-point economic program to,

– Invest in our crumbling infrastructure with a major program to create jobs by rebuilding roads, bridges, water systems, waste water plants, airports, railroads and schools.

– Transform energy systems away from fossil fuels to create jobs while beginning to reverse global warming and make the planet habitable for future generations.

– Develop new economic models to support workers in the United States instead of giving tax breaks to corporations which ship jobs to low-wage countries overseas.

– Make it easier for workers to join unions and bargain for higher wages and benefits.

– Raise the federal minimum wage from $7.25 an hour so no one who works 40 hours a week will live in poverty.

– Provide equal pay for women workers who now make 78 percent of what male counterparts make.

– Reform trade policies that have shuttered more than 60,000 factories and cost more than 4.9 million decent-paying manufacturing jobs.

– Make college affordable and provide affordable child care to restore America’s competitive edge compared to other nations.

– Break up big banks. The six largest banks now have assets equivalent to 61 percent of our gross domestic product, over $9.8 trillion. They underwrite more than half the mortgages in the country and issue more than two-thirds of all credit cards.

– Join the rest of the industrialized world with a Medicare-for-all health care system that provides better care at less cost.

– Expand Social Security, Medicare, Medicaid and nutrition programs.

– Reform the tax code based on wage earners’ ability to pay and eliminate loopholes that let profitable corporations stash profits overseas and pay no U.S. federal income taxes.

There is a little something in the Sanders agenda for oligarchs of all stripes to hate. Wall Street hates the idea of breaking up the big banks. The conservative billionaires and millionaires use avoiding paying their fair share of taxes as the motivation for their political activities. A Medicare for all system would put the for-profit insurance companies out of business while challenging the Big Pharma’s practice of overpricing their drugs in the United States. The thought of a large green energy sector terrifies Big Oil. Republicans oppose equal pay, raising the minimum wage, and any public project that might create jobs.

What Sen. Sanders laid out is an agenda that Democrats and the left should aspire to. Some the points in the Sanders plan are more immediately obtainable than others. Things like tax and trade policy reforms along with infrastructure investment are realistic possibilities. While issues like equal pay, and making it easier to join a union would require a Democratic president and Congress to get done.

Bernie Sanders provided the left with a rallying cry in 2016. This isn’t an economic plan full of promises that will happen. Instead, Sen. Sanders is suggesting the direction that he believes the country ought to be moving towards.

Democrats have accomplished a great deal during the Obama years, but if they can come together in victory in 2016, the Sanders agenda could provide a roadmap for the future.

59 Replies to “Bernie Sanders Unveils A 12 Point Economic Plan To Break The Koch Oligarchs”

  1. Thank you Sen. Sanders, the road map you present is largely doable. Now, if we could just get everyone in political office to be in office for the improvement of America and Americans, instead of making the Koch rodents richer, we would be making progress.

  2. Sen Sanders will receive the full attention of anti-American groups such as Citizens For Prosperity when he is up for re-election. He speaks the truth, he makes sense, therefore he must be silenced. We will either follow his advice or there will be blood.

  3. While Sen Sanders is focus on helping the country the Turtle has only one objective. Give the Kochsuckers more influenced over our elections
    McConnell’s Eyes on the Prize—Repealing All Campaign Finance Laws

    Sen. Mitch McConnell (R-Ky.) is trying to use a massive appropriations bill to loosen campaign finance rules.

    The Republican leader’s office is attempting to attach a policy rider to the omnibus bill that would effectively end limits imposed on coordinated spending by federal candidates and political party committees.

    This is pretty typical of McConnell’s priorities. This supremely cynical man may or may not actually believe in the various tenets of conservative orthodoxy. But he believes in buying and selling political campaigns with vast and unlimited appeals for cash from special interests with the tenacity of a mystic in direct communication with God Almighty.
    http://www.washingtonmonthly.com/political-animal-a/2014_12/mcconnells_eyes_on_the_prizere053137.php

  4. Step #1 should have been: Drag all the parasite corporate elites from their mansions, limos, and offices out in to the streets and give them fair trials.

  5. President Obama and the Secretary of Treasury need to issue a platinum bullion, which is legal, each year that would cover $2,000 a month for every citizen over the age 18, or $1,000 if the Fed issues credit cards to in the amount of $1,200. This would improve the economy and not affect the deficit. No congressional approval necessary. http://www.alternet.org/economy/yes-we-can-pay-increasing-social-security-benefits?akid=12348.277680.WVXIu_&rd=1&src=newsletter1022638&t=21&paging=off&current_page=1#bookmark
    BOLD ACTION: The Federal Reserve (The Fed) bailed out the banks to the tune of $40,000 per every man, women, and child. Now it is time to bail out the 90% of Americans left behind! Is it The Fed could easily start issuing credit cards for every person over 18 in the a month of $1,200 and economists say this would come back in taxes paid and have a tremendous effect on the economy. http://www.nationofchange.org/even-council-foreign-relations-saying-it-time-rain

  6. A single payer healthcare system is not the answer. The answer, it turns out, is to leave the private sector alone, but beef up the public sector so it can care for the uninsured: 50M before Obamacare, perhaps 40M now. The disadvantage of a single payer system is that it’s a single payer system: it’s a monopoly, and we all know how loath monopolies are to innovate. The advantage of a public/private approach to healthcare is that it allows the one thing that Americans are justifiably proud of, competition. Control the public sector: get it to report outcomes. The private sector will have to follow suit. A competition on patient outcomes is the only way to promote disease prevention. Otherwise, there is no business case for eliminating disease.

  7. I think we have had a goodly many years of seeing what the private sector will do. And thats to insure as few as possible yet make a profit. They had their run on raising rates. You do know that in single payer systems people are allowed to buy insurance3 from the private sector as well?

  8. Bernie is a down to earth human being who cares about the whole country, not just the 1% like most local and DC politicians. He wouldn’t cave in to nay sayers or try to compromise what is right and just just to get something passed. God Bless Him and send us hundreds more like him. I would follow him to the barricades to bring real change.

  9. The US has the illusion that we have “the best health care inthe world”, when in reality we are around 48-49, with child mortality close to the 3rd world, people who happens to have cancer or a big disaster, not only are sick, but end up losing their home.
    The illusion of good health care is only good for the drug companies and the medical equipment people, who aae willing to send an Amiga with minimal requirements.
    The congress receive the Obamacare version of healthcare, and you do not see them buying private insurance…
    The poor docs are worried that the income they have been in use in the past 50 years is going away, but they are still not missing any meals, they are still taking free vacations provided by the drugs companies.

  10. Spoken like a true neocon. I love your last sentence in particular – “Otherwise, there is no business case for eliminating disease.” RIGHT! Eliminating disease should not be a for-profit business. We’ve seen that model – and no one gets cured because there’s no profit if there’s no sick people to use drugs. A single payor (not payer) system is definitely the way to go. A “monopoly” as you put it to handle providing health care has nothing to do with innovation and research. Sad that a person actually in the medical field can’t even see the forest o’er the trees.

  11. You have never lived outside of this country, I can tell. Number one, we already have single payer, it’s called Medicare. Number two, every developed country offers healthcare for ALL citizens: rich, poor are covered. Age, race, gender, sexuality does not matter. In the UK were I lived, the government has set a limit for how much pharmaceutical companies charge. This is taxpayer money, after all.
    So, a medicine that may cost $80 a bottle her will cost say, $20 in the UK. Our government will have to have a similiar plan to control cost. I wish Bernie thought of this plan before now

  12. So all the Koch money he got for 2014 wasn’t enough? He wants more to be spent? More millions/billions, whatever the hell these rich asses have. What a miserable existence they must live with money as their God.

  13. the hope being of course that this is not just campaign rhetoric for his prez run either way it is so good to have these issues aired out by an insder – go Bernie

  14. or, bring in new people that may be worse or better.

    I am a proponent of getting rid of everyone in the congress but no one else seems to

  15. History has a way of repeating itself , and when ” ALL” the wealth is controlled by the rulling class , the Peasants Revolt !
    Big Banks should most definitely be broken up and all the “Fat Cats ” running them should be tossed out too !
    Be advised ruling class , heade the Peasants or be removed !!

  16. Are Government has been bought and paid for, Middle Class gone the 1% won’t let it come back, by keeping education to costly for the M.C

  17. Except for breaking up the big banks, this program is as worthless as what we have now. Bernie lacks a fundamental understanding of the problems and the solutions. This agenda will just make what we have even more one-sided and more prone to devastating collapse. Bernie wants to exchange one set of masters for another. Pandering at its worst.

  18. I really would not want you as my doctor. You seem more concern over money then you do with helping people.

    Don’t get me wrong, I think you should be paid fairly as all other people should be.

    But if money is all ones motivation to find cures then I truly sorry for such a person.

    And what is your reference it doesn’t work. Is it the eleven or twelve countries that now have better health care systems.

  19. Bernice is a rare treasure. He tells it like it is,that’s what frightens the right wing nut bags. The truth hurts them more than anything.

  20. The road map Bernie presents would be wonderful for the American people. To take the Kochs down would be the greatest.
    We now have a rethug controlled congress after the new year. What chance is there of any one of Bernie’s programs to be put in place?
    The rethugs have plans. Plans that have been in place for years. McConell is in heaven, ready to move.
    The one stop is Obama and his veto! AND the next election where the Dem’s had better get out to vote or pay dearly.

  21. Kmom: yes Bernie is a rare treasure. Other states have had them at times, but seem to get rid of them rather quickly. Mn has had them and has one now if he doesn’t get killed, as others have. Plane crashes seem to be the most used way of elimination. along with the family. So, we all should pray daily for the Pres. men and Women who do care and try. Working against evil ( think: Koch, McConnell, Shrub family and other far righters, even religious leaders) is a full time job.
    The people who work against them need help!!!and votes!!

  22. The Koch funded group -ALEC is getting ready for an all out war on clean energy and saving the environment (even the UK Guardian says so)

    Another thing – who would have thought that McCain would be pandering to Iran by pushing for mining in a national forest in
    Arisona by Rio Tinto (partially owned by an Iranian)

  23. Bernie is one of the most honest men in Congress,no he is the “honest “man in Congress.Sign this petition:

    Since 18 USC § 2384 or Seditious conspiracy is a federal felony, We the People can actually walk to any law enforcement agency, who also enforce federal laws, demand the arrest of the Republicans in Congress under 18 USC § 4 because of their violation of 18 USC § 2384. Logically, it will be impossible to make such arrest as an individual, but collectively, we can make a difference.
    There is a petition floating around demanding such justice. It is called:
    Prosecute The Conspirators Who Plotted The Government Shutdown In Violation Of 18 USC § 2384

  24. Another thing – who would have thought that McCain would be pandering to Iran by pushing for mining in a national forest in
    Arisona by Rio Tinto (partially owned by an Iranian)
    ——————————————-
    Just imagine if a Democrat had done the same thing the so called media hair would be on fire questioning their patriotism and ethics. But since its an republican nothing but crickets.

  25. Just a quick note — while the Kochs ARE the hated face of the Fascist oligarchy movement, they seem to be covering for the Waltons…who are every bit as bad, if not worse.

  26. if only they had just given the $40,000 to each man, woman and child…now that would have been an economic stimulus!

  27. Unlike Obama, Sanders is not proposing a watered down compromise that he mistakenly thinks the Republicans can agree to. He is setting up stretch goals to which we can aspire. It is a road map that voters can understand. You cannot fight somebody else’s plan with no plan of your own, so here is our plan to excite the voters.

    Reaching all the goals will be difficult, but the trip in the right direction will start paying dividends almost right away.

  28. My point of view though, is that it IS the lower income people who MADE Walmart and other corporations what they are and STILL buy their products. China became a thriving economic engine ( with a horrific and toxic environmental situation that effects us all as ours does) because we BOUGHT the products.
    We BOUGHT into a dream that was flawed from its genesis. A FINITE planet of 70% land/30% water, responsible for giving LIFE to ALL species shared upon it ( CREATION BETRAYED )can’t survive this holocaust and farce known as “Peace and Prosperity.” The monetary system is a human construct and enabled this power to be unleashed. The first thing we can do is GO VEGAN and cease supporting the most vile, unhealthy, inhumane agribusiness system that brings LIFE into the world for fattening and slaughter. Did some vampire hybrid visit and mate with humans? CHANGE the FOOD system and the rest follows. Earth and animals have become unwilling prostitutes for consumption.

  29. I agree. A plane crash was the way they did Wellstone from Minnesota. He was one of the last Dems with a spine, and a key vote when the Senate was split 50/50 on the vote to invade Iraq. Funny. And think how pivotal that was. I think v-P Cheney was the deciding vote (perhaps I’m off a bit, but it was this close).

    Let’s hope Sanders takes the bus or train a lot!

  30. Why is there nothing on campaign finance reform or election reform?

    Don’t we want to ensure all campaign financing is done from within America?

    Do we still want voter ID to stop voters?

    Do we still approve of states which limit the number of voting booths in some areas, but not others?

    There are affirmative new things to do and then there are broken things which must be fixed!

  31. I prefer to use what was done during colonial days. Tar and feather them and ride them out of town on a rail. Do this to a few, and the rest will stop their actions.

  32. I would love the democratic party to adopt Senator Sander’s 12 point economic program as the Party Platform for the 2016 presidential election. But my faith in democrats running the country is about the same as my faith in republicans. Neither party is working for the American public. Our current political system is ruled by corrupted politicians of both parties. I propose we elect Bernie Sanders as our next President of the United States. I am ready to go Independent!!![WINK]

  33. Bankers Want Your Savings As Part of Their Next Bail-Out

    The bottom line is, the government is preparing to legitimize the theft of our savings in order to prop up irresponsible and unscrupulous bankers. A far better solution, still, is to break up the TBTF banks proactively, thus avoiding the bankruptcies and the need to save the banks on the backs of the people.
    http://ellenbrown.com/2014/12/01/new-rules-cyprus-style-bail-ins-to-hit-deposits-and-pensions/

  34. Great idea, but lets add to it. If you want to run for a political office, you get $10,000.00 to use that is it,so be careful how you spend it and spend it wisely, no outside help, know trash talk about other people running, just talk about what you want to do. After all that, you can only hold office for 8 years, rather it be 4 years in state capital and 4 years in Washington DC, or 8 years in one place 8 years and that is it, know more. Once your time is up, you go back to a normal life, you pay your own way just like a regular citizen does, all the perks of a politician are gone when your time as a politician is done. If this was to happen we probably would not be in the mess we are in now, and maybe Washington DC could get more good things done.

  35. This has already been tried. It doesn’t work. This is the kind of nonsense that has created the mess we now have.

    Sanders is simply pandering. It’s not a serious suggestion.

  36. What do you mean “What mess?” Are you new to the USA? Are you not aware of the overspending, high tax rates, high unemployment, politicians taking money all in spite of the fact that everything Sanders wants to do is currently being done?

    We are already spending loads of money on infrastructure, running up huge debts spending money we don’t have.

    We already have people who can’t find jobs because the starting wage is more than they are worth. The reason why college and child care are unaffordable is connected to people demanding higher wages. The money to pay those higher wages he wants come from the people who are employed. When you raise their expenses, it lowers their disposable income and cancels out the higher wages. This is common sense stuff.

    It is already illegal to pay women less for the same work as men.

    And on and on. Sanders knows this, and you probably know it unless you are new to America. It doesn’t work. We know that because we have tried it.

  37. This is hilarious! Truely hilarious! Your taxes are the lower they have been in your short life.
    High unemployment? Look at the stats. Overspending? Since 2010 no spending can be done without offsets.

    Starting wages are not higher then they are worth. What are you, a walking talking koch puppet? Are you insane?

    You seem to think the only corporations or companys are mom and pop stores. They arnt. McDonalds could pay 15.00 and hour and raise the price of a burger 1 cent to pay for it. You are screwed up on propaganda.

    You also forget the cost of living goes up beucase of the corporations you support raising their proices for no reason other then profit. DO people need to make more to make up for it? Think about it

    Its unenforceable to pay women less and its done on a daily basis. We know you hate women.

  38. Another dumbass
    We’ve now had 63 straight months of economic expansion.
    http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/

    Unemployment has dropped from 10.1% in October of 2009 to 6.1% and projected to reach 5.4% by summer of 2015.
    The Federal budget deficit is shrinking. It’s been reduced by two-thirds since 2009.
    http://www.usgovernmentspending.com/federal_deficit_chart.html

    Under President Obama, spending has increased only 1.4% annually, the lowest rate since Eisenhower was president.
    http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-government-spender-since-eisenhower-would-you-believe-its-barack-obama/

    For 95% of American taxpayers, income taxes are lower now than just about any time in the previous 50 years.
    http://www.cbpp.org/cms/?fa=view&id=3151

    Not only are you a dumbass but an ignorant racist POS like the child molesting drug addicted fat ass bastard you admire. Now get off of your mommies computer and go clean your room

  39. Seriously? Are you guys a parody? Do you not read the news? Or do basic math? You are simply making stuff up. You are not entitled to your own facts. Real unemployment is quite high. The deficit is higher than ever. It is law to pay women the same as men. Again, these are simple facts.

    You don’t like corporations, but they are the ones that hire people. And when you spend money, you pay for things exactly what you think they are worth. Why can’t employers do the same? They aren’t running charities.

    Corporations don’t make any money off of me that I don’t willingly give them because I judge their product to be worth what they are asking me to pay. And that’s the way it works.

    Bottom line, I have been gainfully employed for thirty-five consecutive years except for two months at the end of my senior year in high school. I know how things work.

    Grow up and live in the real world. Own a business and see how it works for you.

  40. Totally wrong.
    We dont like corporations? Wrong. We dont like corporations that are corrupt, dont pay living wages or taxes. You on the other hand love making up for corporate taxes not paid. You are in a dream world when you think corp dont make money off you unless you give it to them.
    You pay what the corporations require you to pay. Not by worth. Buy gas by worth? Yes, you go to the station that is several cents cheaper. You are still paying what they require, many times for a less refined product.

    If real unemployment is quite high, then it has always been that way. Funny you just now decided to whine.

    I have worked since 1965. The deficit has been paid down by 2/3rds. Your problem is you have no idea what the difference between the deficit and the debt is. Move along. Stop pretending you have a clue

  41. Gainfully employed doing what? And no, the record deficit racked up by Bush 2.0 is not “higher than ever.”

    Politico (hardly of your so-called “liberal media”) reports as of February 2014″ “Budget deficit shrinks to lowest level under Obama”
    http://www.politico.com/story/2014/02/budget-deficit-shrinks-103092.html

    Washington Post: Oct. 2014: “Nation’s budget deficit falls to lowest level since Obama took office”
    http://www.washingtonpost.com/blogs/wonkblog/wp/2014/10/15/nations-budget-deficit-falls-to-lowest-level-since-obama-took-office/

    But yeah, you’re right, Sanders is dreaming, particularly since you dupes elected Tea Party loons looking to decimate Social Social Security and Medicare in favor of tax cuts for the wealthy, so I’m not looking to a wingnut GOP congress to bother with anything that doesn’t benefit people who already have more money than God. And hell, if they can get rid of some old folks along the way, so be it, right, McBootstrappy?

  42. I down-voted you not because its personal but for the failure to confront reality: Have you met the Tea-Freak GOP? Do you imagine for one second that any of them will approve any of the above considering their record of total obstruction for the past six years and their self-professed legislative goals (which happen to be the direct opposite of that Democratic wish list up top there? They now have control of the House AND Senate. The only thing we have left is Obama’s veto pen to prevent the GOP from enacting every Koch/Libertarian wet dream on the oligarchy’s Christmas list. It’s going to get ugly, so you all might think about actually backing the President for a change because that’s ALL we’ve got left. Bernie turning blue in the face isn’t going to change that fact.

  43. Oh here’s a suggestion. How ’bout Democrats and Independents get off their rusty dusties and vote for their best interests instead of complaining about every damn thing and doing nothing.

  44. If they did that, there wouldn’t be a republican party any more. Of course there really isnt one now. A bunch of hateful racists tea bags, some religious fanatics and a congress that wantsa the US to go backwards 100 years for every minute that passes by

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