WEBVTT 00:00.000 --> 00:10.844 Febreze Unstopables. Breathe Happy. 00:10.879 --> 00:12.079 Breathe Happy. >>> WILL THIS UP. 00:12.113 --> 00:15.749 >>> WILL THIS UP. A BRAND-NEW CORPORATE TAX PLAN 00:15.750 --> 00:17.951 A BRAND-NEW CORPORATE TAX PLAN FROM ELIZABETH WARREN HAS BEEN 00:17.986 --> 00:19.152 FROM ELIZABETH WARREN HAS BEEN RELEASED JUST MINUTES AGO. 00:19.153 --> 00:20.587 RELEASED JUST MINUTES AGO. YOU REMEMBER THIS. 00:20.621 --> 00:21.855 YOU REMEMBER THIS. PRESIDENT TRUMP PROMOTED A TAX 00:21.856 --> 00:24.458 PRESIDENT TRUMP PROMOTED A TAX CUT FOR ALL AMERICANS, BUT 00:24.492 --> 00:26.126 CUT FOR ALL AMERICANS, BUT COMPANIES, BIG COMPANIES WERE 00:26.160 --> 00:27.460 COMPANIES, BIG COMPANIES WERE THE CLEAR WINNERS. 00:27.462 --> 00:29.262 THE CLEAR WINNERS. UNDERSTAND THIS, AT LEAST OF 0 00:29.297 --> 00:31.264 UNDERSTAND THIS, AT LEAST OF 0 COMPANIES OWED ZERO FEDERAL 00:31.265 --> 00:32.899 COMPANIES OWED ZERO FEDERAL TAXES, OR IN SOME CASES EVEN 00:32.934 --> 00:33.867 TAXES, OR IN SOME CASES EVEN LESS THAN ZERO. 00:33.868 --> 00:37.070 LESS THAN ZERO. THAT NUMBER IS WAY UP FROM 2017. 00:37.105 --> 00:38.572 THAT NUMBER IS WAY UP FROM 2017. SENATOR WARREN THAT IS A PLAN TO 00:38.573 --> 00:41.241 SENATOR WARREN THAT IS A PLAN TO CHANGE THAT. 00:41.275 --> 00:43.477 CHANGE THAT. IT’S CALLED REAL CORPORATE 00:43.511 --> 00:45.479 IT’S CALLED REAL CORPORATE PROFIT TAX, SAYING NO MATTER 00:45.480 --> 00:47.815 PROFIT TAX, SAYING NO MATTER WHAT THEY OWE IN CORPORATE 00:47.849 --> 00:50.050 WHAT THEY OWE IN CORPORATE TAXES, THEY MUST PAY AN 00:50.051 --> 00:53.387 TAXES, THEY MUST PAY AN ADDITIONAL 7% ON ANY PROFIT OVER 00:53.388 --> 00:56.190 ADDITIONAL 7% ON ANY PROFIT OVER $1 MILLION, THIS COULD BRING IN 00:56.191 --> 01:01.595 $1 MILLION, THIS COULD BRING IN AN ESTIMATED $1 TRILLION OVER 01:01.596 --> 01:02.696 AN ESTIMATED $1 TRILLION OVER THE NEXT TEN YEARS. 01:02.697 --> 01:05.766 THE NEXT TEN YEARS. THIS IS A VERY AMBITIOUS PLAN, 01:05.767 --> 01:06.100 THIS IS A VERY AMBITIOUS PLAN, SENATOR. 01:06.101 --> 01:08.302 SENATOR. WHY PROPOSE A NEW TAX INSTEAD OF 01:08.303 --> 01:09.670 WHY PROPOSE A NEW TAX INSTEAD OF CLOSING THE CURRENT LOOPHOLES 01:09.671 --> 01:11.405 CLOSING THE CURRENT LOOPHOLES AND HIKING UP THE CORPORATE TAX 01:11.439 --> 01:13.107 AND HIKING UP THE CORPORATE TAX RATES FOR ALL COMPANIES. 01:13.108 --> 01:14.942 RATES FOR ALL COMPANIES. >> I THINK WE SHOULD DO TAX 01:14.976 --> 01:19.680 >> I THINK WE SHOULD DO TAX REFORM AND CLOSE UP A LOT OF THE 01:19.681 --> 01:22.416 REFORM AND CLOSE UP A LOT OF THE LOOPHOLES BUT WE HAVE A PROBLEM 01:22.417 --> 01:23.784 LOOPHOLES BUT WE HAVE A PROBLEM IN FRONT OF US. 01:23.785 --> 01:25.319 IN FRONT OF US. PICK JUST ONE CORPORATION, 01:25.320 --> 01:26.887 PICK JUST ONE CORPORATION, AMAZON, FOR EXAMPLE, THEY 01:26.888 --> 01:29.590 AMAZON, FOR EXAMPLE, THEY REPORTED LAST YEAR $10 BILLION 01:29.591 --> 01:32.426 REPORTED LAST YEAR $10 BILLION IN AFTER-TAX PROFITS PUBLICLY, 01:32.461 --> 01:34.662 IN AFTER-TAX PROFITS PUBLICLY, TO THEIR INVESTORS, TO THE 01:34.696 --> 01:36.597 TO THEIR INVESTORS, TO THE PUBLIC, SET THEIR EXECUTIVE 01:36.598 --> 01:38.232 PUBLIC, SET THEIR EXECUTIVE COMPENSATION BASED ON THAT. 01:38.233 --> 01:40.701 COMPENSATION BASED ON THAT. THAT’S THEIR BIG NUMBER. 01:40.702 --> 01:42.436 THAT’S THEIR BIG NUMBER. THEN THEY TURN AROUND AND SAY TO 01:42.470 --> 01:44.872 THEN THEY TURN AROUND AND SAY TO THE I.R.S. BY THE TIME WE GO 01:44.906 --> 01:46.540 THE I.R.S. BY THE TIME WE GO THROUGH THE LOOP HOLES, OR 01:46.574 --> 01:48.475 THROUGH THE LOOP HOLES, OR TAXABLE INCOME IS ZERO. 01:48.510 --> 01:50.144 TAXABLE INCOME IS ZERO. WHAT I’M SAYING IS YOU CAN RAISE 01:50.145 --> 01:52.313 WHAT I’M SAYING IS YOU CAN RAISE THE RACE, BUT AMAZON WOULD STILL 01:52.314 --> 01:53.014 THE RACE, BUT AMAZON WOULD STILL PAY ZERO. 01:53.015 --> 01:55.216 PAY ZERO. YOU CAN FIGHT THE FIGHT FOR 01:55.217 --> 01:57.752 YOU CAN FIGHT THE FIGHT FOR WHICH LOOP HOLES NEED TO BE 01:57.753 --> 01:58.753 WHICH LOOP HOLES NEED TO BE CLOSED AND NOT CLOSED. 01:58.754 --> 02:00.755 CLOSED AND NOT CLOSED. I’M READY TO FIGHT THAT FIGHT, 02:00.756 --> 02:03.324 I’M READY TO FIGHT THAT FIGHT, BUT IF WE SIMPLY START WITH, YOU 02:03.325 --> 02:07.962 BUT IF WE SIMPLY START WITH, YOU KNOW, YOU MAKE THIS PUBLIC 02:07.996 --> 02:11.065 KNOW, YOU MAKE THIS PUBLIC PUBLIC PRONOUNCEMENT ABOUT YOUR 02:11.066 --> 02:16.304 PUBLIC PRONOUNCEMENT ABOUT YOUR TALKS, THEN WE WANT TO HAVE YOU 02:16.338 --> 02:20.174 TALKS, THEN WE WANT TO HAVE YOU PAY A 7% TAX ON THAT IF YOU’RE 02:20.209 --> 02:23.544 PAY A 7% TAX ON THAT IF YOU’RE MAKING MORE THAN $100 MILLION A 02:23.579 --> 02:24.679 MAKING MORE THAN $100 MILLION A YEAR. 02:24.713 --> 02:29.050 YEAR. THAT WAY NOBODY ESCAPES PAYING 02:29.084 --> 02:29.384 THAT WAY NOBODY ESCAPES PAYING NOTHING. 02:29.418 --> 02:31.285 NOTHING. EVERYBODY PROFITS FROM BEING 02:31.287 --> 02:32.286 EVERYBODY PROFITS FROM BEING PART OF THIS COUNTRY, AND 02:32.288 --> 02:33.288 PART OF THIS COUNTRY, AND EVERYBODY OUGHT TO HAVE TO MAKE 02:33.289 --> 02:34.289 EVERYBODY OUGHT TO HAVE TO MAKE A CONTRIBUTION. 02:34.290 --> 02:35.757 A CONTRIBUTION. LITTLE BUSINESSES DO IT, 02:35.791 --> 02:37.992 LITTLE BUSINESSES DO IT, IMMEDIATE CROOM-SIZED BUSINESSES 02:38.027 --> 02:39.560 IMMEDIATE CROOM-SIZED BUSINESSES DO IT, FAMILIES DO IT. 02:39.595 --> 02:40.762 DO IT, FAMILIES DO IT. WE WANT THE GIANT CORPORATIONS 02:40.763 --> 02:50.762 WE WANT THE GIANT CORPORATIONS TO DO IT AS EL. 02:50.773 --> 02:53.174 TO DO IT AS EL. >> THE IDEA IS TO LEVEL THE 02:53.175 --> 02:54.909 >> THE IDEA IS TO LEVEL THE PLAYING FIELD FOR SMALL 02:54.910 --> 02:55.309 PLAYING FIELD FOR SMALL BUSINESSES. 02:55.311 --> 02:59.481 BUSINESSES. CAN YOU WALK US THROUGH WHY IT 02:59.482 --> 03:03.385 CAN YOU WALK US THROUGH WHY IT IS HOW IT IS THAT AMAZON PAYING 03:03.386 --> 03:06.321 IS HOW IT IS THAT AMAZON PAYING NOTHING AND A SMALL BUSINESS 03:06.356 --> 03:07.656 NOTHING AND A SMALL BUSINESS PAYING SIGNIFICANTLY MORE UNDER 03:07.690 --> 03:09.991 PAYING SIGNIFICANTLY MORE UNDER THE CURRENT RULES? 03:09.992 --> 03:11.726 THE CURRENT RULES? >> TWO REASONS PRINCIPALLY. 03:11.760 --> 03:14.262 >> TWO REASONS PRINCIPALLY. THE FIRST IS AMAZON AND ITS KIND 03:14.297 --> 03:16.631 THE FIRST IS AMAZON AND ITS KIND HAVE HIRED ABOUT A BOO ZILLION 03:16.666 --> 03:18.133 HAVE HIRED ABOUT A BOO ZILLION LOBBYISTS IN ORDER TO GET THE 03:18.134 --> 03:21.103 LOBBYISTS IN ORDER TO GET THE TAX CODES WRITTEN TO CREATE JUST 03:21.137 --> 03:22.337 TAX CODES WRITTEN TO CREATE JUST A SPECIAL EXCEPTION FOR THEM 03:22.372 --> 03:26.374 A SPECIAL EXCEPTION FOR THEM OVER HERE OR A SPECIAL LOOPHOLE 03:26.409 --> 03:29.845 OVER HERE OR A SPECIAL LOOPHOLE OR SPECIAL DEFINITION. 03:29.879 --> 03:31.013 OR SPECIAL DEFINITION. LITTLE BUSINESSES DON’T HAVE 03:31.047 --> 03:32.447 LITTLE BUSINESSES DON’T HAVE THAT OPPORTUNITY. 03:32.482 --> 03:35.784 THAT OPPORTUNITY. THEY DO A AN ARMY OF LOBBYISTS. 03:35.818 --> 03:38.053 THEY DO A AN ARMY OF LOBBYISTS. THOSE LOOP HOLES ARE HARD TO 03:38.054 --> 03:40.355 THOSE LOOP HOLES ARE HARD TO MANEUVER, TO AMAZON AND ITS KIND 03:40.356 --> 03:42.958 MANEUVER, TO AMAZON AND ITS KIND HIRES ANOTHER ARMY OF TAX 03:42.959 --> 03:43.258 HIRES ANOTHER ARMY OF TAX LAWYERS. 03:43.293 --> 03:44.626 LAWYERS. THEY INVEST IN TAX LAWYERS. 03:44.661 --> 03:46.061 THEY INVEST IN TAX LAWYERS. SMALL BUSINESSES CAN’T DO THAT. 03:46.062 --> 03:47.562 SMALL BUSINESSES CAN’T DO THAT. SMALL BUSINESSES ARE TRYING TO 03:47.597 --> 03:48.897 SMALL BUSINESSES ARE TRYING TO RUN THEIR BUSINESS. 03:48.932 --> 03:52.167 RUN THEIR BUSINESS. THEY’RE LUCKY IF THEY GET ONE 03:52.202 --> 03:54.002 THEY’RE LUCKY IF THEY GET ONE GUY TO HELP THEM OUT. 03:54.037 --> 03:56.338 GUY TO HELP THEM OUT. AS A RESULT, THE BIG GUYS END UP 03:56.339 --> 03:57.973 AS A RESULT, THE BIG GUYS END UP PAYING LESS IN TAXES THAN THE 03:58.007 --> 03:59.041 PAYING LESS IN TAXES THAN THE SMALL GUYS. 03:59.075 --> 04:00.943 SMALL GUYS. THAT’S NOT ONLY LESS IN MARGINAL 04:00.944 --> 04:04.580 THAT’S NOT ONLY LESS IN MARGINAL RATES, BUT LESS IN ABSOLUTE 04:04.581 --> 04:04.880 RATES, BUT LESS IN ABSOLUTE DOLLARS. 04:04.915 --> 04:08.450 DOLLARS. THE IDEA THAT A COMPANY LIKE HE 04:08.485 --> 04:13.856 THE IDEA THAT A COMPANY LIKE HE AMAZON OR OCCIDENTAL PETROLEUM 04:13.857 --> 04:16.058 AMAZON OR OCCIDENTAL PETROLEUM ANNOUNCES HE 4 BILLION IN 04:16.059 --> 04:20.195 ANNOUNCES HE 4 BILLION IN AFTER-TAX INCOME AND SAID TO THE 04:20.196 --> 04:23.665 AFTER-TAX INCOME AND SAID TO THE I.R.S. OR TAXABLE INCOMO. 04:23.667 --> 04:28.003 I.R.S. OR TAXABLE INCOMO. ALL I’M SAYING IS IT’S AAUDITED 04:28.038 --> 04:29.238 ALL I’M SAYING IS IT’S AAUDITED FINANCIAL STATEMENT, PAY 7% OF 04:29.272 --> 04:30.706 FINANCIAL STATEMENT, PAY 7% OF TAXES TO MAKE SURE YOU’RE MAKING 04:30.740 --> 04:32.208 TAXES TO MAKE SURE YOU’RE MAKING A CONTRIBUTION TO THIS COUNTRY. 04:32.209 --> 04:35.778 A CONTRIBUTION TO THIS COUNTRY. >> AS LONG AS CORPORATIONS OR 04:35.812 --> 04:36.612 >> AS LONG AS CORPORATIONS OR WEALTHY AMERICANS ARE ABLE TO 04:36.613 --> 04:39.381 WEALTHY AMERICANS ARE ABLE TO HIRE -- AS LONG AS HIRE-PAID TAX 04:39.382 --> 04:41.917 HIRE -- AS LONG AS HIRE-PAID TAX LAWYERS EXIST, THEY WILL BE 04:41.951 --> 04:43.685 LAWYERS EXIST, THEY WILL BE LOOKING FOR LOOPHOLES. 04:43.720 --> 04:48.791 LOOKING FOR LOOPHOLES. IN AMAZON’S CASE THEY WOULD OWE 04:48.792 --> 04:51.227 IN AMAZON’S CASE THEY WOULD OWE $698 MILLION, WHO’S TO SAY 04:51.228 --> 04:53.729 $698 MILLION, WHO’S TO SAY INSTEAD OF PAYING $700 MILLION, 04:53.764 --> 04:55.497 INSTEAD OF PAYING $700 MILLION, I’M JUST GOODS TO SEPARATE MY 04:55.532 --> 04:57.833 I’M JUST GOODS TO SEPARATE MY COMPANY INTO A BUNCH OF SMALLER 04:57.834 --> 04:59.001 COMPANY INTO A BUNCH OF SMALLER COMPANIES THAT ARE JUST UNDER 04:59.002 --> 05:01.637 COMPANIES THAT ARE JUST UNDER THE $100 MILLION THRESHOLD OR DO 05:01.638 --> 05:05.441 THE $100 MILLION THRESHOLD OR DO AN INVERSION, AND AS OF TOMORROW 05:05.475 --> 05:07.677 AN INVERSION, AND AS OF TOMORROW I’LL BE DOMICILED IN CANADA. 05:07.711 --> 05:09.845 I’LL BE DOMICILED IN CANADA. YOU KNOW WE PUT A LOT OF 05:09.880 --> 05:12.381 YOU KNOW WE PUT A LOT OF RESTRICTIONS ON INVERSIONS FOR 05:12.416 --> 05:13.816 RESTRICTIONS ON INVERSIONS FOR EXACTLY THE REASON THEY DIDN’T 05:13.817 --> 05:15.718 EXACTLY THE REASON THEY DIDN’T WANT TO PAY THEIR U.S. TAXES, 05:15.719 --> 05:18.254 WANT TO PAY THEIR U.S. TAXES, AND BY GOLLY, IT HAS SLOWED DOWN 05:18.288 --> 05:19.922 AND BY GOLLY, IT HAS SLOWED DOWN AND ACTUALLY STOPPED. 05:19.957 --> 05:21.224 AND ACTUALLY STOPPED. IF YOU’RE TELLING ME THAT THE 05:21.225 --> 05:22.658 IF YOU’RE TELLING ME THAT THE RESPONSE TO THIS WOULD BE THAT 05:22.660 --> 05:24.426 RESPONSE TO THIS WOULD BE THAT SOME OF THESE GIANT CORPORATIONS 05:24.428 --> 05:26.362 SOME OF THESE GIANT CORPORATIONS THAT MONOPOLIZE THEIR ENTIRE 05:26.397 --> 05:31.500 THAT MONOPOLIZE THEIR ENTIRE FIELD WOULD BREAK APART? 05:31.535 --> 05:33.670 FIELD WOULD BREAK APART? MAYBE THAT’S SOMETHING TO TALK 05:33.704 --> 05:33.970 MAYBE THAT’S SOMETHING TO TALK ABOUT. 05:33.971 --> 05:36.773 ABOUT. BUT LOOK AT THIS WAY, THE 05:36.774 --> 05:39.509 BUT LOOK AT THIS WAY, THE ADVANCE TO A 7% TAX IS SAYS 05:39.543 --> 05:41.544 ADVANCE TO A 7% TAX IS SAYS DON’T COME BACK TO US WITH THIS 05:41.545 --> 05:44.180 DON’T COME BACK TO US WITH THIS LOOPHOLE OR THAT EXCEPTION. 05:44.181 --> 05:46.582 LOOPHOLE OR THAT EXCEPTION. IT’S JUST IF YOU HAVE MORE THAN 05:46.584 --> 05:49.552 IT’S JUST IF YOU HAVE MORE THAN $100 MILLION IN REPORTED 05:49.554 --> 05:54.490 $100 MILLION IN REPORTED AFTER-TAX PROFITS, THE $100 05:54.492 --> 05:56.192 AFTER-TAX PROFITS, THE $100 MILLIONTH AND FIRST DOLLAR 05:56.194 --> 06:00.296 MILLIONTH AND FIRST DOLLAR SHOULD BE TAXED AT 7% AND THAT 06:00.330 --> 06:01.564 SHOULD BE TAXED AT 7% AND THAT GOES STRAIGHT ACROSS THE BOARD. 06:01.599 --> 06:03.800 GOES STRAIGHT ACROSS THE BOARD. THE SIMPLICITY IS WHAT MAKES IT 06:03.835 --> 06:06.770 THE SIMPLICITY IS WHAT MAKES IT WORK SO WELL AND MAKES SURE NO 06:06.804 --> 06:07.604 WORK SO WELL AND MAKES SURE NO GIANT CORPORATION IN THIS 06:07.605 --> 06:10.507 GIANT CORPORATION IN THIS COUNTRY GETS AWAY WITH PAYING 06:10.508 --> 06:12.008 COUNTRY GETS AWAY WITH PAYING ZERO WHILE SMALL COMPANIES AND 06:12.010 --> 06:13.410 ZERO WHILE SMALL COMPANIES AND FAMILIES ARE HAVING TO PICK 06:13.444 --> 06:17.347 FAMILIES ARE HAVING TO PICK UNTHE TICKET TO RUN THE COUNTRY. 06:17.381 --> 06:19.215 UNTHE TICKET TO RUN THE COUNTRY. >>> BORN OUT MASSIVE INEQUALITY 06:19.250 --> 06:22.618 >>> BORN OUT MASSIVE INEQUALITY HERE AND ABROAD, WE’VE SEEN THE 06:22.620 --> 06:24.955 HERE AND ABROAD, WE’VE SEEN THE RISE OF DEMOCRATIC SOCIALISM. 06:24.989 --> 06:27.424 RISE OF DEMOCRATIC SOCIALISM. WOULD YOU DESCRIBE YOURSELF AS A 06:27.425 --> 06:29.226 WOULD YOU DESCRIBE YOURSELF AS A CAPITALIST OR SOCIALIST. 06:29.227 --> 06:31.094 CAPITALIST OR SOCIALIST. THERE ARE PORTIONS OF THE 06:31.096 --> 06:32.796 THERE ARE PORTIONS OF THE DEMOCRATIC PARTY WHO EVEN 06:32.797 --> 06:34.297 DEMOCRATIC PARTY WHO EVEN CONSIDER CAPITALISM AS A DIRTY 06:34.299 --> 06:34.597 CONSIDER CAPITALISM AS A DIRTY WORD. 06:34.599 --> 06:37.601 WORD. >> NO, I BELIEVE IN MARKETS. 06:37.602 --> 06:39.035 >> NO, I BELIEVE IN MARKETS. I WANT TO GET MARKETS WORK. 06:39.037 --> 06:40.336 I WANT TO GET MARKETS WORK. I’VE SEEN BENEFITS THAT MARKETS 06:40.338 --> 06:40.937 I’VE SEEN BENEFITS THAT MARKETS CAN PRODUCE. 06:40.972 --> 06:43.373 CAN PRODUCE. BUT UNDERSTAND THIS -- MARKETS 06:43.408 --> 06:45.542 BUT UNDERSTAND THIS -- MARKETS WITHOUT RULES ARE THEFT. 06:45.543 --> 06:47.210 WITHOUT RULES ARE THEFT. WE NEED MARKETS THAT HAVE CURBS 06:47.211 --> 06:49.446 WE NEED MARKETS THAT HAVE CURBS ON THEM, THAT HAVE RULES, SO 06:49.480 --> 06:51.415 ON THEM, THAT HAVE RULES, SO THAT IT’S A LEVEL PLAYING FIELD. 06:51.449 --> 06:55.152 THAT IT’S A LEVEL PLAYING FIELD. I MEAN A GENUINELY LEVEL PLAYING 06:55.186 --> 06:56.253 I MEAN A GENUINELY LEVEL PLAYING FIELD, SO THAT PEOPLE HAVE A 06:56.254 --> 06:57.454 FIELD, SO THAT PEOPLE HAVE A REAL CHANCE TO COMPETE. 06:57.455 --> 06:59.189 REAL CHANCE TO COMPETE. YOU KNOW, IT’S GOOD THAT WE TALK 06:59.224 --> 07:01.658 YOU KNOW, IT’S GOOD THAT WE TALK ABOUT THIS IN THE CONTEXT OF 07:01.660 --> 07:04.528 ABOUT THIS IN THE CONTEXT OF TAXES, BECAUSE WHEN WE FORCE 07:04.529 --> 07:06.630 TAXES, BECAUSE WHEN WE FORCE THOSE WHO HAVE MADE IT REALLY 07:06.631 --> 07:08.265 THOSE WHO HAVE MADE IT REALLY BIG IN THIS COUNTRY JUST TO PAY 07:08.266 --> 07:10.934 BIG IN THIS COUNTRY JUST TO PAY A FAIR SHARE OF TAXES, THE POINT 07:10.935 --> 07:11.935 A FAIR SHARE OF TAXES, THE POINT IS NOT PUNITIVE. 07:11.936 --> 07:14.371 IS NOT PUNITIVE. THE POINT IS TO SAY YOU HAD A 07:14.405 --> 07:16.373 THE POINT IS TO SAY YOU HAD A GREAT IDEA, YOU BUILT A GREAT 07:16.374 --> 07:18.642 GREAT IDEA, YOU BUILT A GREAT BUSINESS, GOOD FOR YOU, BUT 07:18.676 --> 07:20.177 BUSINESS, GOOD FOR YOU, BUT REMEMBER YOU BUILT THAT BUSINESS 07:20.211 --> 07:21.812 REMEMBER YOU BUILT THAT BUSINESS USING WORKERS THAT ALL OF US 07:21.846 --> 07:23.981 USING WORKERS THAT ALL OF US PAID TO EDUCATE. 07:24.015 --> 07:26.550 PAID TO EDUCATE. YOU BULL THAT BUSINESS USES 07:26.584 --> 07:28.885 YOU BULL THAT BUSINESS USES ROADS AND BRIDGES TO GET YOUR 07:28.887 --> 07:31.055 ROADS AND BRIDGES TO GET YOUR PRODUCTS TO MARKET, ALL OF US 07:31.056 --> 07:35.993 PRODUCTS TO MARKET, ALL OF US HELPED TO BUILD THOSE BRIDGES. 07:35.994 --> 07:37.695 HELPED TO BUILD THOSE BRIDGES. AND WE JUST WANT TO MAKE SURE 07:37.696 --> 07:40.197 AND WE JUST WANT TO MAKE SURE WHEN YOU MAKE IT BIG, PUT 07:40.199 --> 07:41.965 WHEN YOU MAKE IT BIG, PUT SOMETHING BACK IN SO THE NEXT 07:41.967 --> 07:43.901 SOMETHING BACK IN SO THE NEXT KID HAS A CHANCE, AND THE KID 07:43.902 --> 07:45.402 KID HAS A CHANCE, AND THE KID AFTER THAT AND THE KID AFTER 07:45.404 --> 07:45.702 AFTER THAT AND THE KID AFTER THAT. 07:45.704 --> 07:47.571 THAT. THAT’S WHAT THIS IS ABOUT. 07:47.573 --> 07:51.408 THAT’S WHAT THIS IS ABOUT. THAT TRILLION DOLLARS THAT THIS 07:51.409 --> 07:54.478 THAT TRILLION DOLLARS THAT THIS REAL CORPORATE PROFITS TAX WOULD 07:54.479 --> 07:57.014 REAL CORPORATE PROFITS TAX WOULD HE RAISE IS MONEY WE COULD SPEND 07:57.015 --> 07:58.516 HE RAISE IS MONEY WE COULD SPEND FOR YU6R8 CHILD CARE, MONEY TO 07:58.550 --> 08:01.318 FOR YU6R8 CHILD CARE, MONEY TO SPEND TO REDUCE THE STUDENT LOAN 08:01.320 --> 08:02.386 SPEND TO REDUCE THE STUDENT LOAN DEAD BURDEN. 08:02.421 --> 08:03.988 DEAD BURDEN. MONEY WE COULD SPEND TO REBUILD 08:03.989 --> 08:05.723 MONEY WE COULD SPEND TO REBUILD OUR INFRASTRUCTURE, SO THAT WE 08:05.724 --> 08:07.491 OUR INFRASTRUCTURE, SO THAT WE CAN HAVE MORE BUSINESSES DO 08:07.492 --> 08:08.926 CAN HAVE MORE BUSINESSES DO BETTER IN THIS COUNTRY, AND MORE 08:08.960 --> 08:10.728 BETTER IN THIS COUNTRY, AND MORE FAMILIES DO BETTER. 08:10.729 --> 08:13.097 FAMILIES DO BETTER. >>> I WANT TO TALK ABOUT A 08:13.131 --> 08:15.299 >>> I WANT TO TALK ABOUT A COUPLE INDIVIDUALS WHO I RARELY 08:15.300 --> 08:18.435 COUPLE INDIVIDUALS WHO I RARELY SEE AGREE WITH, AND IT STUCK OUT 08:18.437 --> 08:18.736 SEE AGREE WITH, AND IT STUCK OUT TO ME. 08:18.737 --> 08:21.806 TO ME. JAMIE DIMON, CEO OF J.P. MORGAN, 08:21.807 --> 08:23.841 JAMIE DIMON, CEO OF J.P. MORGAN, A COMPANY THAT MADE 32 MILLION 08:23.842 --> 08:28.245 A COMPANY THAT MADE 32 MILLION LAST YEAR, WHO I WOULD THINK IS 08:28.247 --> 08:31.749 LAST YEAR, WHO I WOULD THINK IS AFRAID OF SENATOR ELIZABETH 08:31.751 --> 08:32.050 AFRAID OF SENATOR ELIZABETH WARREN. 08:32.084 --> 08:37.322 WARREN. RAY DALEO, FOUNDER OF 08:37.356 --> 08:39.257 RAY DALEO, FOUNDER OF BRIDGEWATER, THEY ARE USED SOME 08:39.258 --> 08:41.559 BRIDGEWATER, THEY ARE USED SOME OF THE SAME LANGUAGE TO DESCRIBE 08:41.560 --> 08:44.128 OF THE SAME LANGUAGE TO DESCRIBE THE INEQUALITY PROBLEM. 08:44.129 --> 08:46.864 THE INEQUALITY PROBLEM. WHEN GUYS LIKE THAT AND YOU ARE 08:46.865 --> 08:47.966 WHEN GUYS LIKE THAT AND YOU ARE SEEING OUR ECONOMY THROUGH THE 08:47.999 --> 08:49.968 SEEING OUR ECONOMY THROUGH THE SAME LENS, WHAT DO YOU MAKE OF 08:49.969 --> 08:50.235 SAME LENS, WHAT DO YOU MAKE OF IT? 08:50.269 --> 08:52.670 IT? >> INEQUALITY WILL BREAK THIS 08:52.671 --> 08:52.971 >> INEQUALITY WILL BREAK THIS COUNTRY. 08:53.005 --> 08:56.274 COUNTRY. WE CAN’T SUSTAIN A DEMOCRACY, WE 08:56.275 --> 08:58.009 WE CAN’T SUSTAIN A DEMOCRACY, WE CANNOT SUSTAIN AN AMERICA OF 08:58.043 --> 09:00.745 CANNOT SUSTAIN AN AMERICA OF OPPORTUNITY WITH GROWING 09:00.746 --> 09:01.279 OPPORTUNITY WITH GROWING INEQUALITY. 09:01.280 --> 09:02.981 INEQUALITY. WE’VE GOT TO HAVE SOME GREAT 09:02.982 --> 09:05.784 WE’VE GOT TO HAVE SOME GREAT IDEAS TO PUSH BACK, BIG IDEAS TO 09:05.785 --> 09:08.686 IDEAS TO PUSH BACK, BIG IDEAS TO PUSH BACK AGAINST IT, BIG 09:08.688 --> 09:09.487 PUSH BACK AGAINST IT, BIG STRUCTURAL CHANGE. 09:09.521 --> 09:11.889 STRUCTURAL CHANGE. NOW, THIS IS WHAT MY CAMPAIGN 09:11.891 --> 09:13.291 NOW, THIS IS WHAT MY CAMPAIGN FOR PRESIDENT IS ALL ABOUT. 09:13.292 --> 09:15.126 FOR PRESIDENT IS ALL ABOUT. I BELIEVE WE ALL TO TALK ABOUT 09:15.161 --> 09:16.995 I BELIEVE WE ALL TO TALK ABOUT THE BIG IDEAS ABOUT HOW WE DEAL 09:16.996 --> 09:19.464 THE BIG IDEAS ABOUT HOW WE DEAL WITH INEQUALITY, HOW WE BUILT 09:19.465 --> 09:22.300 WITH INEQUALITY, HOW WE BUILT STRONG DEMOCRACY, AND A STRONG 09:22.335 --> 09:24.002 STRONG DEMOCRACY, AND A STRONG ECONOMY GOING FORWARD, AND I 09:24.003 --> 09:25.937 ECONOMY GOING FORWARD, AND I JUST WANT TO SAY TO EVERYBODY 09:25.972 --> 09:28.106 JUST WANT TO SAY TO EVERYBODY WHO IS WATCHING. 09:28.141 --> 09:29.274 WHO IS WATCHING. IF YOU BELIEVE IN A CAMPAIGN 09:29.308 --> 09:33.678 IF YOU BELIEVE IN A CAMPAIGN BUILD ON IDEAS, GO TO 09:33.679 --> 09:34.712 BUILD ON IDEAS, GO TO ELIZABETHWARREN.COM, SIGN UP, 09:34.714 --> 09:36.581 ELIZABETHWARREN.COM, SIGN UP, PITCH IN SOME MONEY, VOLUNTEER 09:36.583 --> 09:39.217 PITCH IN SOME MONEY, VOLUNTEER SOME TIME, BECAUSE THIS IS HOW 09:39.251 --> 09:41.653 SOME TIME, BECAUSE THIS IS HOW WE ARE GOING TO REBUILD OUR 09:41.687 --> 09:43.622 WE ARE GOING TO REBUILD OUR COUNTRY AND REBUILD OUR 09:43.656 --> 09:45.591 COUNTRY AND REBUILD OUR DEMOCRACY IN A WAY THAT DOESN’T 09:45.625 --> 09:47.692 DEMOCRACY IN A WAY THAT DOESN’T JUST WORK FOR A THIN SLICE AT 09:47.694 --> 09:49.928 JUST WORK FOR A THIN SLICE AT THE TOP, BUT IN A WAY THAT WORKS 09:49.962 --> 09:50.962 THE TOP, BUT IN A WAY THAT WORKS FOR EVERYBODY. 09:50.997 --> 09:53.231 FOR EVERYBODY. >> SUBSIDIZED CHILD CARE IS AN 09:53.266 --> 09:55.100 >> SUBSIDIZED CHILD CARE IS AN IMPORTANT PROGRAM FOR YOU. 09:55.134 --> 09:56.401 IMPORTANT PROGRAM FOR YOU. TOO MANY PEOPLE THEY DON’T 09:56.402 --> 09:59.137 TOO MANY PEOPLE THEY DON’T CONSIDER THAT A POLITICAL ISSUE, 09:59.171 --> 10:01.239 CONSIDER THAT A POLITICAL ISSUE, IT’S A HUMAN ISSUE, FAMILIES 10:01.240 --> 10:02.340 IT’S A HUMAN ISSUE, FAMILIES ACROSS THIS COUNTRY CANNOT 10:02.342 --> 10:05.678 ACROSS THIS COUNTRY CANNOT AFFORD TO GO TO WORK AND SUPPORT 10:05.712 --> 10:06.445 AFFORD TO GO TO WORK AND SUPPORT THEIR FAMILY. 10:06.446 --> 10:08.146 THEIR FAMILY. IT’S A BIG PROGRAM FOR YOU. 10:08.148 --> 10:10.749 IT’S A BIG PROGRAM FOR YOU. DO YOU BELIEVE IT’S ONE THAT YOU 10:10.783 --> 10:12.017 DO YOU BELIEVE IT’S ONE THAT YOU COULD REACH ACROSS THE AISLE AND 10:12.051 --> 10:14.019 COULD REACH ACROSS THE AISLE AND SIGH VOTERS, PEOPLE WHO WOULDN’T 10:14.020 --> 10:15.854 SIGH VOTERS, PEOPLE WHO WOULDN’T NECESSARILY BE IN YOUR CAMP, SAY 10:15.889 --> 10:20.025 NECESSARILY BE IN YOUR CAMP, SAY YES, I NEED THAT TO HELP MY 10:20.059 --> 10:21.526 YES, I NEED THAT TO HELP MY FAMILY THRIVE. 10:21.528 --> 10:23.429 FAMILY THRIVE. >> THIS ONE IS PERSONAL FOR ME. 10:23.430 --> 10:24.863 >> THIS ONE IS PERSONAL FOR ME. WHEN I MADE THE DECISION TO GO 10:24.898 --> 10:31.670 WHEN I MADE THE DECISION TO GO TO LAW SCHOOL, I HAD A BOO EBB I 10:31.671 --> 10:33.839 TO LAW SCHOOL, I HAD A BOO EBB I GOT DOWN TO THE LAST FEW DAYS 10:33.873 --> 10:36.441 GOT DOWN TO THE LAST FEW DAYS BEFORE SCHOOL STARTED THAT I 10:36.443 --> 10:37.376 BEFORE SCHOOL STARTED THAT I COULD NOT AFFORD. 10:37.377 --> 10:40.279 COULD NOT AFFORD. I CAME THAT CLOSE TO NOT 10:40.280 --> 10:41.680 I CAME THAT CLOSE TO NOT FINISHING MY EDUCATION, AND WHEN 10:41.715 --> 10:44.449 FINISHING MY EDUCATION, AND WHEN I GOT MY FIRST BIG TEACHING JOB, 10:44.484 --> 10:47.252 I GOT MY FIRST BIG TEACHING JOB, BY THEN I HAVE TWO BABIES UNDER 10:47.254 --> 10:50.389 BY THEN I HAVE TWO BABIES UNDER FOOT, I’M WORKING MY REAR END 10:50.390 --> 10:52.992 FOOT, I’M WORKING MY REAR END OFF, BUT THE THING THAT NEARLY 10:52.993 --> 10:56.095 OFF, BUT THE THING THAT NEARLY HE KILLED ME WAS CHILD CARE. 10:56.129 --> 10:58.631 HE KILLED ME WAS CHILD CARE. I’M SPEAKING TO MY AUNT BEA, 78 10:58.665 --> 11:00.799 I’M SPEAKING TO MY AUNT BEA, 78 YEARS OLD, AND I STARTED TO CRY 11:00.801 --> 11:02.601 YEARS OLD, AND I STARTED TO CRY AND SAID I’M GOING TO QUIT, 11:02.603 --> 11:04.069 AND SAID I’M GOING TO QUIT, BECAUSE I JUST COULDN’T DO IT 11:04.071 --> 11:06.205 BECAUSE I JUST COULDN’T DO IT WITHOUT CHILD CARE. 11:06.240 --> 11:08.007 WITHOUT CHILD CARE. SHE THEN UTTERED THE 12 WORDS 11:08.008 --> 11:09.876 SHE THEN UTTERED THE 12 WORDS THAT CHANGED MIGHT HAVE LIFE 11:09.910 --> 11:11.377 THAT CHANGED MIGHT HAVE LIFE DISH I CAN’T GET THERE TOMORROW, 11:11.378 --> 11:13.913 DISH I CAN’T GET THERE TOMORROW, BUT I’LL COME ON THURSDAY. 11:13.914 --> 11:16.616 BUT I’LL COME ON THURSDAY. SHE ARRIVED WITH SEVEN SUITCASES 11:16.617 --> 11:20.419 SHE ARRIVED WITH SEVEN SUITCASES AND A PEKINGESE NAME BUDDY AND 11:20.454 --> 11:21.954 AND A PEKINGESE NAME BUDDY AND STAYED FOR 16 YEARS. 11:21.989 --> 11:23.623 STAYED FOR 16 YEARS. IF EVERYBODY IN AMERICA HAD AN 11:23.624 --> 11:25.725 IF EVERYBODY IN AMERICA HAD AN AUNT BEA, WE WOULD BE FINE, BUT 11:25.759 --> 11:26.459 AUNT BEA, WE WOULD BE FINE, BUT THEY DON’T. 11:26.493 --> 11:27.793 THEY DON’T. AS A RESULT, THERE ARE SO MANY 11:27.794 --> 11:29.395 AS A RESULT, THERE ARE SO MANY PEOPLE ACROSS THIS COUNTRY WHO 11:29.396 --> 11:31.530 PEOPLE ACROSS THIS COUNTRY WHO DON’T FINISH THEIR EDUCATION, 11:31.532 --> 11:33.433 DON’T FINISH THEIR EDUCATION, WHO DON’T TAKE A JOB, WHO DON’T 11:33.434 --> 11:35.401 WHO DON’T TAKE A JOB, WHO DON’T TAKE A MORE DEMANDING JOB, WHO 11:35.403 --> 11:38.237 TAKE A MORE DEMANDING JOB, WHO DON’T TAKE A PROMOTION, ALL 11:38.272 --> 11:40.973 DON’T TAKE A PROMOTION, ALL BECAUSE THEY JUST CAN’T MANAGE 11:41.008 --> 11:41.908 BECAUSE THEY JUST CAN’T MANAGE THE CHILD CARE. 11:41.909 --> 11:43.443 THE CHILD CARE. WE OWE IT TO PEOPLE WHO ARE 11:43.444 --> 11:44.444 WE OWE IT TO PEOPLE WHO ARE TRYING TO WORK HARD. 11:44.478 --> 11:46.880 TRYING TO WORK HARD. WE OWE IT TO OUR CHILDREN, SO 11:46.914 --> 11:49.015 WE OWE IT TO OUR CHILDREN, SO THAT THEY CAN GET THE HIGHEST 11:49.016 --> 11:50.850 THAT THEY CAN GET THE HIGHEST QUALITY CHILD CARE, AND WE OWE 11:50.885 --> 11:53.553 QUALITY CHILD CARE, AND WE OWE IT TO CHILD CARE WORKERS WHO 11:53.554 --> 11:55.255 IT TO CHILD CARE WORKERS WHO DESERVE TO BE PAID A 11:55.256 --> 11:56.523 DESERVE TO BE PAID A PROFESSIONAL WAGE FOR DOING THE 11:56.557 --> 11:57.857 PROFESSIONAL WAGE FOR DOING THE WORK THEY DO. 11:57.892 --> 12:00.059 WORK THEY DO. WE OWE IT TO ALL OF THEM, TO 12:00.060 --> 12:01.561 WE OWE IT TO ALL OF THEM, TO MAKE AN INVESTMENT AS A COUNTRY 12:01.562 --> 12:04.631 MAKE AN INVESTMENT AS A COUNTRY IN CHILD CARE, AND HERE’S THE 12:04.665 --> 12:05.231 IN CHILD CARE, AND HERE’S THE COOL PART. 12:05.232 --> 12:06.566 COOL PART. WE CAN DO IT. 12:06.567 --> 12:07.867 WE CAN DO IT. WE DID SOMETHING LIKE THE 12:07.902 --> 12:10.002 WE DID SOMETHING LIKE THE CORPORATE TAX THAT I JUST 12:10.037 --> 12:12.839 CORPORATE TAX THAT I JUST PROPOSED, THE REAL CORPORATE TAX 12:12.840 --> 12:15.975 PROPOSED, THE REAL CORPORATE TAX OR THE WEALTH TAX THAT I’VE TALK 12:16.010 --> 12:17.410 OR THE WEALTH TAX THAT I’VE TALK ABOUT, AND WE HAVE PLENTY OF 12:17.445 --> 12:19.379 ABOUT, AND WE HAVE PLENTY OF MONEY TO PROVIDE UNIVERSITY 12:19.414 --> 12:22.616 MONEY TO PROVIDE UNIVERSITY CHILD CARE, UNIVERSAL PRE-K, 12:22.650 --> 12:27.187 CHILD CARE, UNIVERSAL PRE-K, UNIVERSAL PRE-PRE-K, TO MAKE AN 12:27.188 --> 12:29.189 UNIVERSAL PRE-PRE-K, TO MAKE AN INVESTMENT INIAL OUR BABIES. 12:29.190 --> 12:31.358 INVESTMENT INIAL OUR BABIES. AGE 0 TO 5, AND STILL HAVE 12:31.359 --> 12:36.196 AGE 0 TO 5, AND STILL HAVE TRILLIONS LEFT OVER. 12:36.231 --> 12:38.165 TRILLIONS LEFT OVER. >> LET’S TALK ABOUT YOUR 12:38.199 --> 12:39.299 >> LET’S TALK ABOUT YOUR CAMPAIGN. 12:39.333 --> 12:41.535 CAMPAIGN. FUND-RAISING AND SPENDING. 12:41.569 --> 12:43.003 FUND-RAISING AND SPENDING. DO YOU BELIEVE YOU HAVE THE 12:43.037 --> 12:46.306 DO YOU BELIEVE YOU HAVE THE ABILITY TO RAISE ENOUGH TO 12:46.307 --> 12:47.240 ABILITY TO RAISE ENOUGH TO CONTINUE THIS CAMPAIGN? 12:47.275 --> 12:48.775 CONTINUE THIS CAMPAIGN? YOUR TEAM IS SPENDING QUITE A 12:48.777 --> 12:50.377 YOUR TEAM IS SPENDING QUITE A WHOLE LOT OF MONEY, POSSIBLY 12:50.378 --> 12:52.112 WHOLE LOT OF MONEY, POSSIBLY BECAUSE YOU’RE WORKING ON A LOT 12:52.146 --> 12:53.113 BECAUSE YOU’RE WORKING ON A LOT OF POLICY. 12:53.114 --> 12:54.881 OF POLICY. >> YEAH, YOU’VE GOT IT EXACTLY 12:54.916 --> 12:55.215 >> YEAH, YOU’VE GOT IT EXACTLY RIGHT. 12:55.216 --> 12:56.717 RIGHT. I’M RUNNING THE CAMPAIGN I WANT 12:56.751 --> 12:58.986 I’M RUNNING THE CAMPAIGN I WANT TO RUN. 12:59.020 --> 13:00.420 TO RUN. IT’S A CAMPAIGN FUELED BY IDEAS, 13:00.455 --> 13:04.591 IT’S A CAMPAIGN FUELED BY IDEAS, AND IT’S A CAMPAIGN FUELED BY 13:04.626 --> 13:06.927 AND IT’S A CAMPAIGN FUELED BY SMALL DOLLAR CONTRIBUTIONS, NOT 13:06.962 --> 13:09.263 SMALL DOLLAR CONTRIBUTIONS, NOT BY DOING A BUNCH OF FUND RAISE 13:09.297 --> 13:11.398 BY DOING A BUNCH OF FUND RAISE IG WITH MILLIONAIRES AND 13:11.399 --> 13:11.832 IG WITH MILLIONAIRES AND BILLIONAIRES. 13:11.833 --> 13:13.333 BILLIONAIRES. I THINK IT’S THE RIGHT CAMPAIGN, 13:13.368 --> 13:15.702 I THINK IT’S THE RIGHT CAMPAIGN, AND IT’S HOW WE BUILD A 13:15.737 --> 13:17.437 AND IT’S HOW WE BUILD A GRASS-ROOTS MOVEMENT THAT WILL 13:17.439 --> 13:20.040 GRASS-ROOTS MOVEMENT THAT WILL HELP US COME 2020 NOVEMBER, AND 13:20.041 --> 13:22.142 HELP US COME 2020 NOVEMBER, AND ALSO GOING TO HELP US COME 13:22.143 --> 13:24.945 ALSO GOING TO HELP US COME JANUARY 2021. 13:24.979 --> 13:28.449 JANUARY 2021. AND HAVING THE MOMENTUM TO MAKE 13:28.450 --> 13:30.084 AND HAVING THE MOMENTUM TO MAKE THE BIG STRUCTURAL CHANGES WE 13:30.118 --> 13:32.853 THE BIG STRUCTURAL CHANGES WE NEED TO MAKE, BUT IT MEANSIVITY 13:32.887 --> 13:35.589 NEED TO MAKE, BUT IT MEANSIVITY TO RELY ON LOTS OF PEOPLE 13:35.623 --> 13:37.658 TO RELY ON LOTS OF PEOPLE SENDING IN A DOUGH NAY. 13:37.692 --> 13:39.994 SENDING IN A DOUGH NAY. SO ELIZABETHWARREN.COM, SEND IN 13:40.028 --> 13:42.763 SO ELIZABETHWARREN.COM, SEND IN A DONATION IF YOU THINK WE OUGHT 13:42.764 --> 13:43.831 A DONATION IF YOU THINK WE OUGHT TO HAVE CAMPAIGNS THAR THAT ARE 13:43.832 --> 13:47.134 TO HAVE CAMPAIGNS THAR THAT ARE RUN ON IDEAS AND BIG IDEAS, BIG 13:47.135 --> 13:48.168 RUN ON IDEAS AND BIG IDEAS, BIG STRUCTURAL CHANGES REALLY 13:48.169 --> 13:48.469 STRUCTURAL CHANGES REALLY MATTER. 13:48.503 --> 13:50.638 MATTER. >> SENATOR, WHETHER ITS YOU OR 13:50.672 --> 13:52.172 >> SENATOR, WHETHER ITS YOU OR ONE OF YOUR DEMOCRATIC 13:52.174 --> 13:53.140 ONE OF YOUR DEMOCRATIC COMPETITORS, WHAT DO YOU BELIEVE 13:53.141 --> 13:54.875 COMPETITORS, WHAT DO YOU BELIEVE IS THE NUMBER ONE ISSUE THAT 13:54.909 --> 13:56.577 IS THE NUMBER ONE ISSUE THAT WILL PUT DEMOCRATS AHEAD IN THE 13:56.578 --> 13:58.245 WILL PUT DEMOCRATS AHEAD IN THE 2020 ELECTION TO BEAT PRESIDENT 13:58.280 --> 13:58.579 2020 ELECTION TO BEAT PRESIDENT TRUMP? 13:58.580 --> 14:00.181 TRUMP? >> I THINK IT’S TALKING ABOUT 14:00.182 --> 14:01.682 >> I THINK IT’S TALKING ABOUT THE FUNDAMENTAL QUESTION OF WHO 14:01.684 --> 14:03.184 THE FUNDAMENTAL QUESTION OF WHO GOVERNMENT WORKS FOR. 14:03.218 --> 14:04.919 GOVERNMENT WORKS FOR. WE HAVE GOVERNMENT RIGHT NOW 14:04.953 --> 14:06.387 WE HAVE GOVERNMENT RIGHT NOW THAT JUST WORKS GREAT FOR THE 14:06.421 --> 14:08.055 THAT JUST WORKS GREAT FOR THE RICH AND THE POWERFUL. 14:08.090 --> 14:10.458 RICH AND THE POWERFUL. IT’S JUST NOT WORKING FOR ANYONE 14:10.459 --> 14:10.758 IT’S JUST NOT WORKING FOR ANYONE ELSE. 14:10.759 --> 14:12.994 ELSE. IT WORKS GREAT FOR GIANT DRUG 14:12.995 --> 14:13.995 IT WORKS GREAT FOR GIANT DRUG COMPANIES, JUST KNOT FOR 14:13.996 --> 14:15.396 COMPANIES, JUST KNOT FOR SOMEBODY TRYING TO FILL A 14:15.431 --> 14:15.830 SOMEBODY TRYING TO FILL A PRESCRIPTION. 14:15.864 --> 14:17.998 PRESCRIPTION. IT WORKS GREAT FOR GIANT OIL 14:18.000 --> 14:20.067 IT WORKS GREAT FOR GIANT OIL COMPANIES THAT WANT TO DRILL 14:20.069 --> 14:22.003 COMPANIES THAT WANT TO DRILL EVERYWHERE, JUST NOT FOR PEOPLE 14:22.037 --> 14:23.738 EVERYWHERE, JUST NOT FOR PEOPLE WHO SEEK CLIMATE CHANGE BEARING 14:23.772 --> 14:24.872 WHO SEEK CLIMATE CHANGE BEARING DOWN UPON US. 14:24.873 --> 14:27.007 DOWN UPON US. I THINK THE FUNDAMENTAL QUESTION 14:27.009 --> 14:28.910 I THINK THE FUNDAMENTAL QUESTION WE HAVE TO ADDRESS IS WHETHER OR 14:28.911 --> 14:30.311 WE HAVE TO ADDRESS IS WHETHER OR NOT WE’RE GOING TO GO FORWARD 14:30.346 --> 14:31.913 NOT WE’RE GOING TO GO FORWARD WITH A GOVERNMENT THAT WORKS 14:31.914 --> 14:34.849 WITH A GOVERNMENT THAT WORKS BETTER AND BETTER FOR A THINNER 14:34.883 --> 14:36.417 BETTER AND BETTER FOR A THINNER AND THINNER SLICE AT THE TOP, OR 14:36.418 --> 14:39.587 AND THINNER SLICE AT THE TOP, OR IF AS A PEOPLE WE’RE GOING TO -- 14:39.588 --> 14:40.688 IF AS A PEOPLE WE’RE GOING TO -- WE’RE TAKING IS BACK. 14:40.689 --> 14:42.423 WE’RE TAKING IS BACK. WE’RE GOING TO TAKE OUR COUNTRY 14:42.424 --> 14:44.492 WE’RE GOING TO TAKE OUR COUNTRY BACK AND MAKE IT THE COUNTRY WE 14:44.493 --> 14:47.328 BACK AND MAKE IT THE COUNTRY WE WANT IT TO BE, A COUNTRY WHERE 14:47.363 --> 14:49.697 WANT IT TO BE, A COUNTRY WHERE EVERY KID GETS A CHANCE TO BUILD 14:49.732 --> 14:50.999 EVERY KID GETS A CHANCE TO BUILD A FUTURE. 14:51.000 --> 14:52.634 A FUTURE. NOT JUST THOSE BORN INTO 14:52.635 --> 14:53.701 NOT JUST THOSE BORN INTO PRIVILEGE, WITH YOU EVERY KID. 14:53.703 --> 14:54.936 PRIVILEGE, WITH YOU EVERY KID. THAT’S WHAT I THINK THIS IS 14:54.937 --> 14:55.236 THAT’S WHAT I THINK THIS IS ABOUT. 14:55.271 --> 14:56.504 ABOUT. >> SENATOR, WELL, THANK YOU SO 14:56.538 --> 14:56.771 >> SENATOR, WELL, THANK YOU SO MUCH FOR JOINING MESS.