On April 15, 2025, Senator Bernie Sanders from Vermont delivered a speech at Folsom Lake College in Folsom, California, as part of his “Fighting Oligarchy” tour. Addressing a crowd of approximately 26,000 attendees, Sanders criticized economic inequality and the influence of corporate interests in politics. He emphasized the need for unity and grassroots activism to challenge what he described as a rigged economy favoring the wealthy elite. The event also featured remarks from Alexandria Ocasio-Cortez and other progressive leaders.
The video is from the ABC10 Youtube website. The transcript was autogenerated from Youtube and edited slightly.
Sen. Bernie Sanders:
We are here this evening.. to say very loudly and clearly to Mr. Trump and people all over this country: We as Americans will not accept oligarchy. We will not accept authoritarianism. And we will not accept a rigged economy where working people struggle while billionaires become richer.
We will not accept a situation where if you can believe it, one man, Elon Musk – you’ve heard of Elon. Elon owns more wealth than the bottom 50% of households in America. That brothers and sisters is insane.
We have got to together create an economy that works for working people, not just Mr. Musk and the billionaire class.
And to make a bad situation even worse at a time of unprecedented income and wealth inequality. Never had more inequality ever in America than we have today. Mr. Musk and the Republicans in Congress are working on a reconciliation bill. And this is legislation that would give $1.1 trillion in tax breaks to the top 1%. And they pay for that by cutting Medicaid by $880 billion. Cutting nutrition programs for hungry kids. And cutting affordable housing.
Now you’ve got a congressman here whose name is Kevin Kiley. So I don’t know if Mr. Kiley is watching the live stream or not. Well, Mr. Kiely, I think some of your constituents have a message for you. Don’t vote to give tax breaks to billionaires and cut programs that the working class of this country desperately needs. And by the way, Mr. Kiely, I have a feeling that some of your constituents would love to sit down and chat with you on that issue. Now Alexandria comes from New York City. I come from Vermont. We’ve come a long way here. The least you could do is sit down with your constituents right here.
You know, as I observe what’s going on in DC, I think a little bit about American history. And I think about Abraham Lincoln at Gettysburg in 1863, and I think you all know this. Lincoln was there a few days after that horrific battle where 20,000 Union soldiers were killed or wounded in the fight to end the nightmare of slavery. And Lincoln looked out on the field just a few days after that carnage. And he said, you know what? Our vision of America is a government of the people. By the people, for the people. And that’s why Alexandria and I are here this evening.
We believe in a government of the people, by the people and for the people, not a government of the billionaires, by the billionaires, and for the billionaires. And when we talk about oligarchy, it’s not just the incredible economic power that the billionaires have, which is unprecedented. And it’s not just about the mass of income and wealth inequality, which is also unprecedented.
Today in America, as a result of that disastrous Supreme Court decision on Citizens United. Billionaires like Musk can put unlimited amounts of money into both political parties. So Mr. Musk himself for $270 million. To elect Donald Trump as president. And that for Musk was a pretty good investment, not a lot of money when you’re worth 30-400 billion dollars. So it’s a modest investment, and his reward was to become the most powerful person in the United States government.
But I must tell you, it is not only Musk and the Republicans who are putting huge amounts of money to make sure they elect the candidates of their choice. It is Democrats as well. And there is a reason why. Democrats for so many years, have not had the courage to stand up to the ruling class and represent working people, and that is because that party is dominated by corporate interests. So today we say loudly and clearly, and I think in saying this, I speak for conservatives and progressives and moderate moderates. The time is now to get rid of this disastrous Citizens United Supreme Court decision. And move to public funding of elections.
But brothers and sisters, it is not just oligarchy that we are fighting. We are fighting a president who undermines our Constitution every single day. And threatens our freedom of speech and freedom of assembly. We are fighting a president whose agents are rounding up innocent people off the streets. Throwing them into unmarked vans. And sending them to detention centers here in the United States, in El Salvador and elsewhere.
That is not what happens in a democracy. That’s what happens in a dictatorship.
And together we are not going to allow Donald Trump to create an authoritarian society. You know, the founding fathers of our country were not dummies. They had just fought a war against the British Empire and defeated the most powerful person on earth at that time, the King of England. And they sat around and they said, you know what, as we develop our new country, this is in the 1790s, what they were saying is we do not want to give one person unlimited power, and they developed a separation of powers. We got an executive, a legislative branch, and a judiciary. To keep check on each other.
And every single day, you got a president who wants more and more power for himself. He is usurping the power of the Congress. He is now challenging in an unprecedented way, the role of the judiciary in America. Supreme Court recently ruled in a 9 to 0 decision that a man who was illegally picked off the street and sent to El Salvador has got to be returned. A 9 to 0 decision of the Supreme Court, Mr. President, obey the law.
But it is not just Congress and the judiciary whose power he is trying to assume. It is the media as well. Apparently he does not understand that in America we have freedom of speech. He has sued ABC, CBS, Meta, the Des Moines Register. His FCC is now investigating NPR and PBS. Just the other day, he said that CBS should lose its license. You know what they did? They ran a program which was critical of some of his policies. How terrible.
And this is from a guy who has spent his entire political career attacking people, lying about people in the most vicious ways. So we say to Trump, if you can’t take criticism, get out of politics. This is a democracy and criticism and freedom of speech is what it’s all about. Brothers and sisters, our job. It’s not just right now to defeat the very dangerous situation inherent in Trumpism. We’ve got to fight them every single day, but we have got to do more than that.
We have got to create a vision of what a new America is about. Where we have a government and an economy that works for all of us, not just a few. This is the wealthiest country in the history of the world. We should not have the highest rate of childhood poverty of almost any major country on earth. 0 through 4 are the most important years of human development. We should have the best childcare system in the world, not a dysfunctional system.
We should have the strongest public education system on earth. Do we have any teachers here? Thank you teachers. And we want to make sure that our teachers are well paid and are respected. No teacher in America should start off at less than $60,000 a year. Unlike Trump, we understand the importance of education. Learning and growing intellectually is part of what being human is about.
And in a competitive global economy, we need the best educated workforce in the world. We need more doctors. We need more nurses. We need more dentists. We need more electricians, plumbers, sheet metal workers. Young people should not have to go deeply in debt to get the education they need.
You know, back in 1944, President Franklin Delano Roosevelt, one of the great presidents in our history. He said something that was enormously profound. It kind of got passed over because we’re in the middle of World War II, but what he said at that point is that, look, we have a great constitution, freedom of speech, freedom of assembly, freedom of religion, etc. but we’re lacking something, and what we’re lacking is the understanding that economic rights are human rights.
Now the establishment. The establishment doesn’t want us to understand what that means, but what it means is that living in this country, the richest country on earth, a country where today we’re seeing an explosion of technology which is gonna make us even wealthier, what we want is that technology to work for working people, not just the owners of the corporations.
Brothers and sisters, it is not a radical idea. It really isn’t, you know, the establishment and the moneyed interests will tell you all this is a terrible idea, but in this country, every man, woman and child can and should have a decent standard of living.
We should not have. What a disgrace. In LA here in Burlington, Vermont, we got together as a nation, 800,000 people sleeping out on the streets of America. We’ve got 20 million people who are spending half of their limited incomes on housing. Maybe instead of spending $1 trillion a year on the military, what about building 5 million units of low income and affordable housing? If you can believe it, if you can believe it, and it’s true – over the last 52 years, the average American worker today in inflation accounted for dollars is earning less than he or she did back then. You got that?
Think about all of the increase in worker productivity. They didn’t have computers back there. They don’t have cell phones. Workers are producing much more today than they did 52 years ago, and yet in real dollars, they’re earning less. It is time to raise the minimum wage to a living wage.
And brothers and sisters. It is the trade union movement in America that has developed and created the middle class. And millions of workers all over America want to join unions. We got some trade unionists here tonight. Thank you. They want to join unions, but they’re unable to do so because employers use illegal tactics to prevent them from organizing. And that is why we’re going to pass what’s called the POA to make sure that every worker in America will be able to join a union.
You may or may not know. That in America today, we remain the only major country on Earth not to guarantee health care to all people as a human right. We have a healthcare system which is broken. Which is dysfunctional. Which is cool. As a nation we are spending almost twice as much. We spend over $14,000 for every man, woman, and child for health care, $14,000. And yet despite spending so much, 85 million Americans are uninsured or underinsured. 60,000 Americans die each year because they cannot afford to go to a doctor when they should.
I have talked to doctors in Vermont and all over this country who treat patients who walk in the door and they say, why didn’t you come in here when you first felt your symptoms and the patient said I’m uninsured or my deductible is too high. I just didn’t have the money that is outrageous. It is unacceptable. We must pass Medicare for all. And guarantee healthcare to every man, woman and child.
And when we talk about what oligarchy is about. And when we talk about what corporate greed is about, I want you to hear one fact that you won’t see in the corporate media or here in the halls of Congress right now as a nation, our life expectancy, how long we live, is about 4 years less than other major countries. That’s pretty bad.
Do you know what’s even worse? If you are working class in America, on average, you will live 7 years shorter lives than if you are wealthy. And you know why that is? Why is that? You got it, everybody else. The word is stress.
I grew up in a working class family. And I’ve been all over this country talking to working class people. You know what it’s like to wake up in the morning and wonder about whether you’re gonna be able to feed your kids or not?
You know what it’s like to know when you get sick or your mother is ill, you may not have the money to get the medical care you need.
You know what it’s like that when your car breaks down, you don’t have the 1000 bucks you need to repair it. You can’t get to work. All over this country, people are struggling every single day. Just to survive. Brothers and sisters in the richest country in the history of the world, we can do a hell of a lot better than that.
Thank you.
But in truth, It is not burning. It is you. And that is, that’s not rhetoric. If we are going to defeat Trumpism, if we’re going to create the kind of nation that we know we can become. It’s going to take millions and millions of working people standing up together. Educating, organizing, knocking on doors, forming unions. We can do it.
Now what the ruling class of this country does and they do it brilliantly. I must confess what they do is essentially tell you you are powerless. Ain’t nothing you can do because we the oligarchs, we got all the money, we got all the power, we own the media, we own the Congress. Ain’t nothing you can do about it.
Well, we are here this evening to tell them, hey guys, you got it wrong. Because when we stand together. And not let Trump and his friends divide us up by the color of our skin or where we were born or our sexual orientation or our religion. When we stand together, there is nothing we cannot accomplish. So in this Pivotal moment in American history.
What I have discovered as Alexandria and I go all over this country, we’re seeing unbelievable turnouts. We were in Idaho, Idaho. We have 12,000 people coming out in idle, most conservatives stay in the country. We have 20,000 people in Salt Lake City, a Republican state. And I think what the American people, Republicans, Independents, Democrats are saying, sorry, Mr. Trump, we don’t want you oligarchy.
Sorry, Mr. Trump, too many men and women have fought and died to defend democracy. You’re not going to take us into authoritarianism. And sorry, Mr. Musk, we’re going to create an economy that works for us, not just for you.
So brothers and sisters, I recognize that the oligarchs have enormous power. They have unlimited amounts of money. And they are extraordinarily greedy. They want it all. But the last that I have heard. I’m not a mathematician, but I do know that 99% is a hell of a lot bigger number than 1%.
So let us stand together.
Let us defeat Trumpism.
Let us create the kind of America we know we can become.
Thank you very much.