The Speech: On Corporate Greed and the Decline of Our Middle Class
ISBN: 1568585535
EAN13: 9781568585536
Language: English
Pages: 288
Dimensions: 1.00" H x 8.00" L x 5.00" W
Weight: 1.00 lbs.
Format: Paperback
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Book Overview
On Friday, December 10, 2010, Vermont Senator Bernie Sanders walked on to the floor of the United States Senate and began speaking. It turned out to be a very long speech, lasting over eight and a half hours. And it hit a nerve. Millions followed the speech online until the traffic crashed the Senate server. A huge, positive grassroots response tied up the phones in the senator's offices in Vermont and Washington. President Obama reportedly held an impromptu press conference with former President Clinton to deflect media attention away from Sanders' speech. Editorials and news coverage appeared throughout the world. In his speech, Sanders blasted the agreement that President Obama struck with Republicans, which extended the Bush tax cuts for millionaires and billionaires, lowered estate tax rates for the very, very rich, and set a terrible precedent by establishing a payroll tax holiday diverting revenue away from the Social Security Trust Fund, threatening the fund's very future. But the speech was more than a critique of a particular piece of legislation. It was a dissection of the collapse of the American middle class and a well-researched attack on corporate greed and on public policy which, over the last several decades, has led to a huge growth in millionaires even as the United States has the highest rate of childhood poverty in the industrialized world. It was a plea for a fundamental change in national priorities, for government policy that reflects the needs of working families, and not just the wealthy and their lobbyists. Finally, Sanders' speech-published here in its entirety with a new introduction by the senator-is a call for action. It is a passionate statement informing us that the only people who will save the middle class of this country is the middle class itself, but only if it is informed, organized, and prepared to take on the enormously powerful special interests dominating Washington.
Editor Reviews
From the front Cover On Friday, December 10, 2010, Senator Bernie Sanders walked onto the floor of the Senate and gave a very long speech. It lasted over eight and a half hours, and it hit a nerve. Millions followed the speech online, and a grassroots response tied up the phones in the senator's offices. Editorials and news coverage appeared throughout the world.
 
 Sanders' speechpublished here in its entirety with a new introduction by the senatoris a call for action. In it, he blasts the agreement that extended the Bush tax cuts for millionaires and billionaires, lowered estate tax rates for the very, very rich, and diverted revenue away from the Social Security trust fund. But the speech is more than a critique of a particular piece of legislation. It is a dissection of the collapse of the American middle class and a well-researched attack on corporate greed and on public policy that, over the last several decades, has led to a huge growth in income inequality. It is a plea for a fundamental change in national priorities; for government policy that reflects the needs of working families, not just the wealthy.