Torrent download cnn democratic debate
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Sign up Log in. But we also have to worry about some of the other players — AIG, a big insurance company; Lehman Brothers, an investment bank. And the plan that I have put forward would actually empower regulators to break up big banks if we thought they posed a risk. SANDERS: Let us be clear that the greed and recklessness and illegal behavior of Wall Street, where fraud is a business model, helped to destroy this economy and the lives of millions of people.
Check the record. SANDERS: …largest banks in America — are much bigger than they were when we bailed them out for being too big to fail, we have got to break them up. You know, I — I respect the passion an intensity. Quit foreclosing on homes! Quit engaging in these kinds of speculative behaviors. I took on the Bush administration for the same thing. And my plan would have the potential of actually sending the executives to jail. If only you look at the big banks, you may be missing the forest for the trees.
Wall Street regulates Congress. We have to prevent the Republicans from ripping it apart. We have to save the Consumer Financial Protection board, which is finally beginning to act to protect consumers. We have work to do. But one of them that we still have a great difference on, Madam Secretary, is that you are not for Glass-Steagall. You are not for putting a firewall between this speculative, risky shadow banking behavior. I never took a position on Keystone until I took a position on Keystone.
Senator Sanders, in , congressional leaders were told, without the bailout, the U. Despite that, you still voted against it. I remember it like it was yesterday. And you know what I said to Hank Paulson? Your millionaire and billionaire friends caused this problem. How about your millionaire and billionaire friends paying for the bailout, not working families in this country?
So to answer your question, no, I would not have let the economy collapse. But it was wrong to ask the middle class to bail out Wall Street. And by the way, I want Wall Street now to help kids in this country go to college, public colleges and universities, free with a Wall Street speculation tax. But, Senator Webb, I want to get you in. You have said neither party has the guts to take on Wall Street.
Is the system rigged? WEBB: There is a reality that I think we all need to recognize with respect to the power of the financial sector. WEBB: All right. In you voted for the very bill that made banks bigger. It was my very first vote, and it was It was the…. My dad had died. It was the first vote and it was , because it was a conference report.
But let me just say about income inequality. And it all started with the Bush tax cuts that favored the wealthy. And 0. But they generate 30 percent of the revenue. CNN visited college campuses, along with Facebook. And not surprisingly college affordability was among the most pressing issue. This is the year A college degree today, Dana, is the equivalent of what a high school degree was 50 years ago. And what we said 50 years ago and a hundred years ago is that every kid in this country should be able to get a high school education regardless of the income of their family.
I think we have to say that is true for everybody going to college. I pay for my program, by the way, through a tax on Wall Street speculation, which will not only make public colleges and universities tuition-free, it will substantially lower interest rates on college debt, a major crisis in this country.
First, all the 40 million Americans who currently have student debt will be able to refinance their debt to a low interest rate. That will save thousands of dollars for people who are now struggling under this cumbersome, burdensome college debt.
As a young student in Nevada said to me, the hardest thing about going to college should not be paying for it. So then we have to make it more affordable. How do we make it more affordable?
My plan would enable anyone to go to a public college or university tuition free. You would not have to borrow money for tuition. And I want colleges to get their costs down. Is that something that you would support? And if not, why not? And I will focus — I will focus on helping those people who need it the most. And we also need to talk about health care at some time, because we agree on the goals, we just disagree on the means. You do that, Social Security is solvent until and you can expand benefits.
Juan Carlos? Senator Sanders, in , you voted for immigration reform. But in , when Democrats controlled Congress and the Bush White House was onboard, you voted against it. Why should Latino voters trust you now when you left them at the altar at the moment when reform was very close? I voted against that piece of legislation because it had guest-worker provisions in it which the Southern Poverty Law Center talked about being semi-slavery.
I was not the only progressive to vote against that legislation for that reason. But point being is that progressives did vote against that for that reason. My view right now — and always has been — is that when you have 11 million undocumented people in this country, we need comprehensive immigration reform, we need a path toward citizenship, we need to take people out of the shadows.
Do you? I want to open up the opportunity for immigrants to be able to buy in to the exchanges under the Affordable Care Act. I think that is — it raises so many issues. It would be very difficult to administer, it needs to be part of a comprehensive immigration reform, when we finally do get to it.
We need to understand that our country is stronger in every generation by the arrival of new American immigrants.
I mean, we are a nation of immigrants, we are made stronger by immigrants. We need comprehensive. Let me start by saying my wife is an immigrant. She was a refugee, her family escaped from Vietnam on a boat— her entire extended family, after the communists took over, when hundreds of thousands of people were out there and thousands of them were dying.
Went to two refugee camps, she never spoke English in her home, and she ended, as I said, graduating from Cornell Law School. No country has — is a country without defining its borders.
We need to resolve this issue. I actually introduced an amendment in the immigration bill…. WEBB: …Giving a pathway to citizenship to those people who had come here, and put down their roots, and met as a series of standards…. WEBB: …lost ph — I introduced that in — We need a comprehensive reform, and we need to be able to define our borders. Early may. Where do you stand on that? CLINTON: My plan would support any state that takes that position, and would work with those states and encourage more states to do the same thing.
But, we took our case to the people when it was petitioned to referendum, and we won with 58 percent of the vote.
You served on that committee for the last eight years, including two years as its chairman while veterans died waiting for health care. You and Senator McCain ultimately addressed the issue with bi-partisan legislation. Why did it take 18 Inspector General reports, and a CNN investigation, and others, before you and your colleagues took action? And, the other part of that legislation said that if a veteran is living more than 40 miles away from a V. As a result of that legislation, we went further in than any time in recent history in improving health care for the men and women of this country who put their lives on the line to defend them.
And I voted for that. And in the Patriot Act, section started to get broadened too far. So I would be in favor of addressing and reforming section of the Patriot Act. And it is true that it did require that there be a process. What happened, however, is that the Bush administration began to chip away at that process.
And I began to speak out about their use of warrantless surveillance and the other behavior that they engaged in. We always have to keep the balance of civil liberties, privacy and security. Let me ask you, if elected, would you shut down the NSA surveillance program? That is unacceptable to me. I think the government is involved in our e-mails; is involved in our websites. Corporate America is doing it as well.
If we are a free country, we have the right to be free. Yes, we have to defend ourselves against terrorism, but there are ways to do that without impinging on our constitutional rights and our privacy rights. The courts have ruled that what he did — what he did was say the American….
So I would bring him home. He could have been a whistleblower. He could have gotten all of the protections of being a whistleblower. He could have raised all the issues that he has raised. And I think there would have been a positive response to that. ClINTON: In addition — in addition, he stole very important information that has unfortunately fallen into a lot of the wrong hands. Snowden broke the law. Whistleblowers do not run to Russia and try to get protection from Putin. If he really believes that, he should be back here.
SANDERS: I think Snowden played a very important role in educating the American people to the degree in which our civil liberties and our constitutional rights are being undermined. But I think what he did in educating us should be taken into consideration before he is inaudible. We have a serious problem in terms of the collection of personal information in this country.
And they need to be destroyed. Name the one thing — the one way that your administration would not be a third term of President Obama. You have to have a new dynamic, a new paradigm. We just spent a half-billion dollars arming and training soldiers, the rebel soldiers in Syria. They quickly join the other side. We bombed the….
Would you keep them there? And also we just bombed a hospital. So I would change how we — our approach to the Middle East. We need a new paradigm in the Middle East. I would push to separate out these too-big-to-jail, too-big-to-fail banks, and put in place Glass-Steagall, a modern Glass-Steagall that creates a firewall so that this wreckage of our economy can never happen again.
I have worked with him time and time again on many, many issues. I believe that the power of corporate America, the power of Wall Street, the power of the drug companies, the power of the corporate media is so great that the only way we really transform America and do the things that the middle class and working class desperately need is through a political revolution when millions of people begin to come together and stand up and say: Our government is going to work for all of us, not just a handful of billionaires.
And if there would be a major difference between my administration and the Obama administration, it would be in the use of executive authority. I came up as a committee counsel in the Congress, used to put dozens of bills through the House floor every year as a committee counsel on the Veterans Committee. So I would lead — working with both parties in the Congress and working through them in the traditional way that our Constitution sets ph.
What do you mean? We need to raise public consciousness. And when people come together in a way that does not exist now and are prepared to take on the big money interest, then we could bring the kind of change we need.
What we need is a green energy revolution. We need to move America to a percent clean electric grid by and create 5 million jobs along the way. Some of the candidates have tried marijuana, as have pretty much — probably everybody in this room.
Others have not. Does that influence — does it influence their views on legalization? Find out that and others ahead. It has been quite a night so far. We are in the final block of this debate. This year has been the year of the outsider in politics, just ask Bernie Sanders. Why should Democrats embrace an insider like yourself? And I know what it takes to get things done. I know how to find common ground and I know how to stand my ground. We cannot be this dissatisfied with our gridlocked national politics and an economy where 70 percent of us are earning the same or less than we were 12 years ago, and think that a resort to old names is going to move us forward.
I respect what Secretary Clinton and her husband have done for our country. But our country needs new leadership to move forward. I certainly am not campaigning to become president because my last name is Clinton. I am the only candidate running for president who is not a billionaire, who has raised substantial sums of money, and I do not have a super PAC. I am not raising money from millionaires and billionaires, and in fact, tonight, in terms of what a political revolution is about, there are 4, house parties — , people in this country — watching this debate tonight who want real change in this country.
Here it is. As a presidential candidate, what will you do to address climate change? We did not land a man on the moon with an all-of-the-above strategy. It was an intentional engineering challenge, and we solved it as a nation.
And our nation must solve this one. Video Audio icon An illustration of an audio speaker. Audio Software icon An illustration of a 3. Software Images icon An illustration of two photographs. Images Donate icon An illustration of a heart shape Donate Ellipses icon An illustration of text ellipses.
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