tv Key Capitol Hill Hearings CSPAN May 4, 2016 12:00am-2:01am EDT
that is one of the reasons i took this trip -- to say it directly to the people affected. i would never disrespect the people here. i know some may say i am talking about coal country, steelworkers, the region, because of the election. let's be honest. in the broader region. not one where democrats tend to win votes these days. i know there are people in this region who find it hard, thinking about voting for any democrat or me particularly. i will keep trying to convince people otherwise, but that is not what the trip is about. i am here because i want to be your president, because i believe that our best years can still be ahead of us.
i am absolutely sure of that. it is going to require not just what the president does, but what all of us do. it will require people once again being inspired by the spirit that has animated american history. we do not just diagnose our problems and complain about them. we roll up our sleeves and solve them. learning more about the lives of people here and what you want for your futures is critical to what kind of president i would want to be. there is nothing i take more seriously than that. i said to people, i will try to earn every vote i can. even if people do not vote for me in november, i will be with them and you every single day. let me be clear. at a time when our energy sector is changing rapidly, we need to invest in coal communities.
we need to figure out how to bring new jobs and industries to them. we need to stand up to the coal company executives trying to shirk responsibilities to workers and retirees. [applause] ms. clinton: the energy market is changing here in america and around the world, but coal is still part of our energy supply. although it produces far less of our electricity than it once did. even china is starting to burn less coal, that is good for the planet, but it has hurt american coal exports from this region. and no matter what some politicians tell you, these trends are here to stay. you've got solar panels, don't you? on top of this brewery. we are not going to go back to
an energy system that looks like it did in the 20th century. we know we need to protect our children's health and futures by combating climate change and accelerating the transition to a clean energy economy. [applause] ms. clinton: but that is still a transition. anyone who pretends we can flip a switch and be in the clean energy future tomorrow is not being honest with you, either. we need to try everything we can to cut carbon pollution. that includes supporting cutting edge work being done right here in appalachia, in institutions, working on carbon capture and sequestration technology. this is too important to take any possible solution off the table. i believe we are going to go around the country talking about the clean energy economy, which
i have done for more than a year, then we have a responsibility to come to this region of our country and look people in the eye and talk about what that really means for your lives and livelihood. the impact on appalachia is compounded by other economic challenges. the chinese are dumping cheap trying tour markets, fix their problems on the backs of american workers. a lot of families still have not recovered from the great recession, which wiped out jobs, homes, and savings. yesterday i met a man named beau in west virginia. he was a maintenance planner. he lost his job last fall. he showed me a picture of his
three beautiful little children, andn and two daughters, said he was trying to keep on a brave face for them so they would not know how worried he and his wife are. west virginians are proud people, beau said. we take pride in our faith in god, we take pride in our family, we take pride in our jobs. we take pride in the facts that we are hard workers. so why, he asked, are there not more programs in place already to help people like him? why isn't there more help to turn to? how are we going to get new jobs there, not years from now but right now? i will bet everybody in here knows somebody in the same boat. and beau was clear, he is a republican, he is not voting for me. but i really do not care about that.
we need to do better for beau and his family and families like his across appalachia and america, and that means -- [applause] ms. clinton: that means coming together, making a real plan to invest in the foundations of a strong middle class, namely, good jobs and quality education for our kids. and a level playing field for american workers. that is what my plan for revitalizing communities here will do. first, we have to honor our obligations to miners past and present and stand with the steel workers who are fighting for their livelihoods right now. [applause] ms. clinton: for months, i have been speaking out against the
coal companies that have tried to shirk their responsibilities to workers and retirees. power plant workers, miners, and railroad employees earned the benefits and the respect of all americans. [applause] ms. clinton: and among the 100,000 miners who have died in the last century, we have lost miners in this century too who are joined with them in sacrifice. the 29 great men who perished at the upper big branch mine. the owner of that mine, don blankenship, had neglected worker safety for years. because of weak laws, when he was finally caught, finally charged and finally convicted, he only received a one-year prison sentence. one year for 29 deaths.
that is totally unacceptable. we need to strengthen those laws and hold executives who neglect h and safety to account. that is why i support two bills in front of congress right now, the miners protection act and the mine safety protection act. they are critical. [applause] ms. clinton: they are critical to keeping faith with coal committees and keeping safety on the job. i hope the congress will pass them and the president will sign them as quickly as possible. by the way, i heard mr. blankenship was outside my event yesterday, protesting me. [laughter] ms. clinton: well, if donald trump wants the support of someone like that, he can have
it. [applause] ms. clinton: at a time when chinese cheating is killing american steel jobs, i will not leave our steelworkers to fend for themselves. as president i will make sure we step up and initiate cases against china before jobs are lost, not after. and i intend to appoint a special trade prosecutor and push for stronger rule of origin standards so chinese steel does not have a backdoor to american markets. for example, as part of foreign cars. [applause] ms. clinton: and i oppose any effort to grant so-called market economy status to china because it would weaken our abilities to
stop china from dumping cheap steel on the global market. it is illegal and it is hurting american workers and we have got to make it stop. i am so proud to be standing up here with your senator because he has been on the front lines of this and together, we will make it happen. [applause] ms. clinton: second, we need to invest in creating more good paying jobs here in appalachia. we know this region is rich in assets far beyond coal. we also know economic development plans designed in washington without local input will not deliver results for you and your family. that is why i want to support locally driven priorities, not supplant them. my plan will create a new coal community challenge fund to support investments by appalachian's for appalachian's. when i was in mingo county
i heardy in williamson, from members of the community who talked about how they are trying to generate more small business to create more jobs. they started an incubator to help local entrepreneurs get new ventures off the ground. they knew that they needed better housing so they put people to work, refurbishing homes and businesses. they realized many other neighbors were struggling with opiate addiction and other chronic health issues like diabetes, so they opened a nonprofit health clinic. meanwhile, the county there is stepping up by repurposing their abandoned mine lands for new industrial park lands that will bring in the potential for big employers. this is the kind of locally driven development that i think can really work. the federal government should do more to support it. across the river from williamson
in kentucky, i learned about a company called bit source that trains former miners to be computer programmers and matches them to jobs in eastern kentucky. silicon valley tech companies are learning about these miners' technical chops and hiring them. this is not a silver bullet by any means, but it is helping, and we need to grow that kind of creative, entrepreneurial approach. mix hard-working people with skills that are needed to create those jobs and attract investments. with more access to fast reliable broadband, we could do even more in this region. [applause] ms. clinton: i tell you, it -- eight years ago, i spent a lot time driving the road to west virginia. i spent a lot time yesterday and
today driving the roads of west virginia. and you are disconnected, you are disconnected. west virginia deserves just as much broadband access as any place else in america and so does southern ohio and eastern kentucky and all the rest of the region. [applause] ms. clinton: that is one of my goals. just like we had to finish electrifying the country, because you know what happens. utilities go where the business is, they do not want to climb mountains and get the rivers to get to 10 people, you to go to cities and suburbs where it is easy. they want to go to a great university like this one where there is a lot of users. we have to finish the job of connecting up america. [applause] ms. clinton: and i am convinced, when we do we will see a whole bunch of new small businesses and creative ideas be put into action.
and i want to support what i learned yesterday, let's repurpose abandoned mine lands and power plants to support new jobs like the industrial park makes woodwhich products on the site of a former coal mine. and let's expand the new markets tax credit, something my husband started in the 1990's, to steer investment and private enterprise to appalachia. having a good job is about much more than getting a paycheck. it is about dignity and a sense of purpose. i do not want young people to have to leave home to find those things. i want them to be able to state right here in this region, be near their family and friends and earn a good living. be able to give their kids a great life. you should not have to leave home when we are in such a connected world now. let's connect ourselves up, let's get creative. i know we can create a really bright future. and the third part of our plan
for revitalizing appalachian communities is investing in education and training. than ever, some form of advanced education. it does not have to be college or university, it could be apprenticeship, community colleges, but it makes a real difference. we're going to make community college free and give all young people -- [applause] ms. clinton: -- the chance to graduate debt free. [applause] ms. clinton: we will make it easier to pay off existing student debt and if you are an entrepreneur, we will let you defer your student loan payments and pay no interest for up to three years while you get your business off the ground because i want young people to take advantage of those opportunities. [applause]
ms. clinton: i want to see young people be able to take advantage of incubators like acenet here in southeast ohio. [applause] ms. clinton: it supports up to 30 startups every year. if we multiply that, think of what we will create together. and we have to make sure that people who do not go to college get the education and training they need to get a good job. there are a lot of ways of doing that, but there are a lot of jobs out there. the last number i saw was 1.2 million jobs with people for skills in trades. welders, machinists and the like. those jobs are not all in the same place, obviously, they are spread across the country, but the more people who have those skills, they can start their own businesses too. so we have got to look harder at how we give every young person
the chance to chart his or her own future. that begins earlier with good schools and good teachers no matter what zip code your child lives in and that is -- [applause] that is a particular challenge for a lot of communities in the region because when mines close, power plants shut down, mills go idle, school districts lose tax revenue. look at what is happening in waterford, ohio. after a nearby power plant shut down, the school district lost more than $1 million out of a $7 million annual budget. they had to lay off dozens of teachers and that is just no way to give our kids the education that they need. i have been looking for ways that we could help. back in the 1990's, when the timber industry was in decline in the pacific northwest, we
started a federal program to keep local schools open as they faced declining tax revenues. let's make a similar commitment to appalachian communities by making sure that as coal and steel and other factories have problems, it is not taken out on students and teachers. and we will take a look at retraining programs and make sure they are actually delivering results for workers. the last thing anyone needs is more retraining programs for jobs that do not exist. we have a whole bunch of those. let's learn from programs that really work. yesterday in williamson, i met a young man named brendan. his dad was a miner, and he always thought he would be. then his dad lost a job and the -- that got brandon thinking about his future. when he was still in high school
he learned about a training program where workers spent 33 hours a week on the job, getting paid, six hours in the classroom, learning skills like financial management. , he willdon is done have concrete skills, a two-year andee, money in the bank, he will be able to build the kind of like he has wanted right in his hometown. fourth and finally we have to invest in families. raising a family is hard work anywhere, and i think it is harder today than it was not so long ago. i talked to a lot of young parents. i am really zeroing in on this as a new grandmother. i pay a lot of attention to the struggles that young parents are facing, no matter what level of income and education, there are different challenges.
and i think we have got to be more helpful. we make it just about as hard to balance family and work as we can in this country. that is why we need paid family leave that supports families taking care of their loved ones. [applause] ms. clinton: and why we have to continue to work under the affordable care act to get the cost down, get more competition. [applause] ms. clinton: and we need to look at specific problems like too many miners with black lung disease have been denied the health care they need because coal company funded lawyers and doctors withheld evidence or willfully misdiagnosed them. i know a little bit about this because way back in arkansas, when bill and i were there teaching at the law school, he took on a bunch of black lung disease cases, about a hundred
of them if i recall. he and i traveled to meet with the miners and their families to see what could be done to help them. unfortunately, the problem never stopped. we also know that this region loses too many young people. they go to college, they go for work, and they do not come back. they do not see a way to make a living. others stay and it is a real struggle. for many people these problems are too big to bear. so we have drug abuse, alcohol abuse, and suicide all on the rise across appalachia. especiallyfor some, middle-aged white women, life expectancy is actually on the decline. apart from times of war, that has never happened before in the united states. my husband and i have been talking about this for months
when we saw the statistics. people are dying from opioid abuse, from heroin. they are dying from suicide. but i thought bill put his finger on it. he said, you know what they are really dying of? they are dying of a broken heart. this is a problem that should concern every american. we need to make a national effort, we cannot go on like this. we have got to commit to treating substance abuse disorders and mental health issues. [applause] ms. clinton: we should bring the same urgency and resources to
bear as we do for heart disease or cancer. addiction is not a moral failing, it is a disease. [applause] ms. clinton: and mental health is just as important as physical health. [applause] ms. clinton: that is what we have got to commit ourselves to doing. these are all complicated problems. they all intersect and there are no easy solutions. but we cannot just ignore them and we cannot deny them. we need a full-court press, government, business, universities, community groups, advocates, people pulling together, learning from each other, and that is exactly what i want to do. the ideas i'm putting out today are just a start.
i'm going to take everything i've heard these last two days, it to everything else i have heard over a lifetime, and work with leaders to come up with plans. it is truly not worth running for and a serving as president if you do not help struggling and striving americans get help. [applause] ms. clinton: and of course, what is the other side offering? unfortunately it is the same old trickle-down economics that has failed us before. donald trump does not talk about these issues on the campaign trail, but his tax plan would give $3.2 trillion to millionaires and billionaires. the people in our society who need it the least.
you know what we could do with that kind of money. we could make social security and medicare solid for the next 75 years, for example. [applause] ms. clinton: we could repair, replace and expand our entire national infrastructure. i just don't get it. [applause] ms. clinton: the other side wants to give that money to the rich. what a waste. and they do not even bother to come up with solutions to most of the problems people talk to me about. they say things like let's get out of the epa. let's get rid of the department of education. closing the epa is not the answer to rebuilding a region as we transition to clean renewable energy. closing the department of education will not stop the chinese from dumping steel or reverse the decline in jobs. it will not fix the roads or keep the schools open.
we have got to stay focused on what we can do together and we know how to do this, my friends. i am absolutely committed to working with everybody. part of the job of being the president is to be the convener in chief. bring people to the white house, sit around the table, talk and listen to each other. [applause] ms. clinton: maybe have a can of jackie o's beer to get things going. [applause] ms. clinton: we do not have time to waste. people are discouraged, people are disheartened, people feel like our government, politics, and economy have failed them. let's make the wealthy pay their fair share instead of giving them more tax breaks. let's invest in appalachia, give the families here the opportunities you deserve.
i want to close with a letter i recently received from another young man in west virginia, also by the name of brandon. apparently, there was a period of time when it was a popular name. his dad is also a retired miner. here is what he wrote. the coal industry has always been up and down. we always made it through tough times because of the people around us. we know what it is to be a community here in west virginia. we come together when someone needs help. it is not just his story, not just west virginia, it is an american story. at our best, we pull together. we lift each other up. i think it really does take a village to raise a child, to heal a community, to restore people's faith in themselves and our country and our future. we cannot allow ourselves to be divided against one another.
to be set against one another. to have scapegoating and shaming and blaming and insulting instead of an honest, candid conversation about what we are going to do together. [applause] ms. clinton: let's commit ourselves to make sure all of our families can live lives of dignity, security and opportunity, and we treat each other with respect even when you disagree. because we are not always going to agree. [applause] ms. clinton: and build a future that i see. a future of confidence and optimism, to break down all the barriers that are holding people back. i am very excited about this. people ask me all the time, well, how are you going to respond to all these attacks? all these names you are called?
i said, really? not like i haven't been dealing with that for 25 years. really? [applause] ms. clinton: because it is not about me. it is about us. i'm going to stand up and fight for you. i'm going to be on the front lines for this country that i love that has given me and my husband so much. i want to make sure i can look in the eyes of my absolutely adorable 19 month old grandchild , you are goingy to be given every opportunity. but you know what is great about this country, charlotte? every child will be given every
♪ ♪ , c-spang campaign 2016 takes you on the road to the white house as we follow the candidates on c-span, c-span radio, and c-span.org. >> time to check in with ed of the washington post, who has been keeping a close eye on delegate totals. first, let's talk about the democratic race. thewould have thought republican nominee would be more in place, based on what happened
with all eyes on kentucky and west virginia? it will be embarrassing for , lookingon campaign for a way to see if they can wrap this up quickly. i heard your last caller get very excited about sanders. still works against him. he may want to push for a contested convention. he may fight for every last delegate. there are not that many left for him to have. delegates to 2283 win the nomination. track, evenins on if she loses kentucky and west virginia. sanders needs a hefty supply of the 719 superdelegates. he only has 39.
160 have not publicly announced what they would do. that is not enough to make up the difference. ple will beers' peo happy tonight and they should be. erability for clinton in midwestern states. popularity is sustained tonight with younger voters. there are a lot in indiana, about one in five tonight. there is not a lot left for him to overtake the delegate lead. taking that into account, as you look at the delegate math and momentum, why has hillary clinton had struggles? she won last week, the new york primary. the map seems to favor senator
sanders. she seems to be losing momentum. ed: she has won the larger states, the swing states likely to be in play, with the exception of iowa, new hampshire, and possibly michigan. it was expected that in smaller, more rural states, that the clinton campaign would not do well. similar things happened eight years ago. at aas racking up wins time when obama was in the lead. ultimately, obama held on. in california, i think that is the last one to look at. if he continues to do well in kentucky, west virginia, does orl in washington, the five six states that remain, and in
california, if he has enough money to compete in california, that would be one to watch and certainly a setback for. , in california, she has the lead. what is left, he cannot overtake her. host: we are talking with ed o'keefe. let's turn our attention to the republican race. ted cruz suspend his campaign after losing indiana in a rout. there is this from the john kasich campaign. chief strategist john weaver issued a statement that says our party is facing a clear choice between positive solutions that can win in november, and a darker path that will solve nothing and lead to hillary clinton in the white house. governor is staying in for the next couple of weeks. ed: read the next sentence.
host: the kasich campaign had secured a plurality of delegates as part of the pre-nomination process. say, as long as it is possible, governor kasich will fight for the higher path. that is slightly different from what he told my colleague earlier tonight when he said absolutely he is staying in. two was about an hour or before the rnc chairman tweeted out that trump would be the presumptive nominee tonight. he told us that kasich is absolutely not quitting and the campaign would continue until someone has 1237 delegates. trump will have that soon.
he will have to wait until california to really hit it. he was doing, and well in places like nebraska and south dakota, with kasich having no hope in either of those places, at this point, it is all over but the voting. the delegate count will put trump just over-the-top if he wins the majority of the delegates in california. there is a chance that kasich runs house races in california. in california, you have to win every congressional district. half aas able to pull in dozen districts, there is a chance he could pick up delegates that way, especially among conservative republicans. we will see. it is all but said and done at this point. i think the real question we have to focus on is, at what
point does the rnc start to take its grip off the balloon, so to speak, and allow trump toehold it -- to hold it? at what point do they give access to the voter files? at what point do they start coordinating fundraising activities? trump has not done much fundraising. he has self-funded so far. the republican party could certainly use the money. 9 there is no clear sense of what will happen. i was reading something a few minutes ago that pointed out that, at this point in 2012, mitt romney's joint fundraising with the rnc was already a month into its existence and had 140 million by the
end of june for the romney victory fund and the rnc. nothing like that has been set up between trump and republicans. if trump is the nominee, the party is signaling that they would like to get down to some of those races. read this tweeted earlier that is one of the biggest stories tonight. the chairman of the republican committee saying it is time to unite and focus on defeating hillary clinton with the hashtag "neverclinton." headline, some are going to bolt the gop and back clinton. what is happening inside the so-called establishment? ed: you are seeing intellectual
types announcing that they are due registering as members of the republican party or voting for hillary clinton. you will see the washington beacon or washington examiner, weekly standard, national review , begin to talk openly about bucking trump or voting for clinton. i am seeing it on twitter among republicans supporting cruz or someone else. the more intriguing part to keep an eye on is the national security wing. former cia directors, security advisers, ambassadors for the bush administrations. do they break away? do they say they will vote against trump? will they support clinton? or will they sit on their hands? there was talk of starting up an
independent bid for james maddis . that was being driven by conservative folks that are concerned that donald trump does not have the temperament to serve as commander-in-chief. there has been talk that perhaps hillary clinton needs to make a bid for those people, speak to republicans who are concerned. look, i may have said about -- something about your party in the past, but if you're looking for a serious commander-in-chief, i am there for you. if that happens, it is difficult to make a compelling argument to the americans that think about those issues when they go to the ballot box. host: we are talking with ed o'keefe of the washington post. saying ted cruz is
heading back to houston after suspending his campaign. final question for you. how does the party try to come together in all of this? thatf i knew the answer to , i would be a wealthier man at this point. it will be really difficult. we have two months until the party convention. that is a long time in american politics. a lot can happen. a lot of the panic and concern might dissipate. eight years ago, there was concern about democrats that said, i can never vote for barack obama. look what happened. they united and easily elected him president in 2008. we talk about the republican party and the need to unite. the democratic race continues. abouts has made no qualms sticking it out until the convention in july.
attention and scrutinize the situation as much as the republican one at this point. like it or not, republicans are united around one guy. two months is a long time. a you can put together unified campaign, it could become easier for him. certainly, there is a real crisis right now in the republican party about who it is, what it is supposed to be about. who gets leader should be. the dividesunt among democrats. host: which makes this campaign one for the record books and one of the more interesting we have seen in our lifetime. ed: indeed. host: thank you very much for being with us. >> our road to the white house coverage continues tomorrow with a bipartisan look at presidential candidates and the contest for house, senate, and governor around the country at
[chanting "carly"] ms. fiorina: hello, hoosiers! [applause] ms. fiorina: i know that i speak for the entire cruz family, the entire cruz team, when i tell you how many hoosiers we have fallen in love with on this campaign. [applause] ms. fiorina: all the wonderful people who have shown up at rallies across the states, the retail stops where people let what looked like awesome food get cold, while we all stood and talked about the state you love
and the state we have come to love, and the nation we all love. >> we love you. [applause] ms. fiorina: we came together as fellow warriors. warriors in a cause to save the soul of our party, the character and the future of our nation. and that cause continues and you are warriors still. [applause] ms. fiorina: you know, you know what makes this country extraordinary. you know that we are extraordinary because while people are gifted by god all over the world, it is only in this nation that so many people have been given the opportunity to realize their god-given gifts and we have been given that opportunity because we were
founded on two powerful ideals. one, that each of us have a right to find and use our god-given gifts. a right to life, liberty, and the pursuit of happiness. [applause] ms. fiorina: that those rights come from god and should not be taken away by man or government. [applause] ms. fiorina: and the other idea, that power concentrated is power abused. when power gets concentrated in the hands of too few for too long, too many americans and this nation suffer. and you know as i know, that in this nation, extraordinary people step up. you have all stepped up. and it has been my great pleasure, my privilege, my
honor, to stand by and fight alongside one of the great citizens of this extraordinary nation. [applause] ms. fiorina: the ted cruz that i have come to know, the same man that you have come to know. this is a man who favors substance over sloganeering. [applause] ms. fiorina: who favors respect over insult. who favors positive policy solutions that will actually work over hand waving. it has been my great privilege as aonor to know him
friend, a husband, as a father, he is indeed a great citizen of this great nation. fellow citizens, as we fight on for the nation we hold dear -- [applause] ms. fiorina: as we know that our history is long and our future is longer, still, please join me in welcoming a great man, ted cruz, his wonderful and brilliant wife, heidi cruz, and the two girls i have come to love as much as you have, carolyn and catherine, a great american family. [applause]
[applause] sen. cruz: god bless the hoosier state. [applause] sen. cruz: let me tell you about the america that i love. our nation is an exceptional nation. we were founded by risktakers and pioneers, brave men and women who put everything on the line for freedom. we began with a revolutionary idea, that our rights do not come from kings and queens or even presidents, but from god almighty. [applause]
sen. cruz: that everyone of us has an unalienable right to life, liberty and the pursuit of happiness. and that to protect those rights, the constitution serves as chains to bind the mischief of government. [applause] sen. cruz: for more than two centuries, we have protected those rights. we believe in equal rights for everybody, that everybody deserves dignity and respect. whether they agree with you or not. that there will always be evil in the world and injustice in the world, but america stands up to it and confronts it. [applause]
sen. cruz: even from a montgomery jail, our voice for justice and equality rings out for the ages. america is hopeful, optimistic. america is kind. we are not boastful or mean-spirited. america is brave, we keep our word, and we believe in peace through strength. [applause] sen. cruz: we have spilled more blood, spent more treasure in defense of liberty than any country in history, yet we do not engage in wars of conquest. we do not seek to enrich ourselves at our neighbors expense. america is the land that gave my mom, and irish italian girl
growing up in a working-class family, the chance to be the first in her family ever to go to college. to become a pioneering computer programmer in the 1950's. [applause] sen. cruz: i love you, mom. america is the land that welcomed my father is a penniless immigrant. he had seen oppression and torture in cuba. for him, america was hope and opportunity. in 1957 if someone told a teenager washing dishes for $0.50 an hour, his son would be in the senate and he would get a chance to cast his ballot for his son to be president of the united states -- [applause]
[applause] sen. cruz: that teenage immigrant washing dishes would never have believed it. and yet that is exactly what happened, only in america. [applause] sen. cruz: in recent months a lot of people have been talking about what happened 40 years ago at the republican convention in kansas city, our party's last contested convention. when i look back at that convention, i look at the speech ronald reagan gave to our party.
he spoke not of the next four years, he spoke not of the close horizons that were of interest to those to build their fortunes in the short term. instead, he looked to the distant times that concerned the men and women whose purpose it is to secure the blessings of liberty to their posterity. ronald reagan spoke of the next 100 years and of the generations of americans who would come to know whether our nation had escaped the existential threat of nuclear war. who would know whether our party had succeeded in the fight against the erosion of constitutional freedoms that only grow and multiply under rule of the democratic party. ronald reagan spoke of the purpose that defined our party then and must drive and unite our party now. [applause]
sen. cruz: the republican party of ronald reagan and george herbert walker bush ensure that thousands of soviet missiles and the united states had targeted at each other were never fired, and that soviet communism was consigned to the ash heap of history. [applause] sen. cruz: they fought hard so that our american freedoms were not lost to any foreign foe nor sacrificed in pursuit of any domestic agenda of the democratic party. [applause] cruz: yet the challenges we face today remain as great as ever. americans are deeply frustrated and desperately want to change the path we are on. we have economic stagnation at home and our constitutional rights are under assault.
under the obama-clinton foreign-policy, russia has emerged as a resurgent threat. china looks with a covetous eye on the lands of our allies in the region. a nuclear north korea and near nuclear iran yearned to devastate our homeland. and radical islamic terrorism unleashes evil that threatens the world. before our party gathers in cleveland, all americans will celebrate the 240th birthday of the united states of america. [applause] sen. cruz: american parents and grandparents will watch the fireworks with their kids and will dream of the grandchildren and great grandchildren to come and wonder how future generations of americans will remember not only what we do
this summer, but in the coming decades. will rise to meet the challenges that face our nation on the international stage, or will we withdraw and cower timidly from the world? will we secure freedom of religions? future or will we succumb to political correctness and racial politics here at home? will we hold fast to our founding values of rewarding talent, hard work and industry? or will we continue on that path of creeping socialism that incentivizes apathy and dependency? will we deliver control of health care to citizens and their doctors?
or will we continue down the obamacare road to second rate socialized medicine? will we keep america safe from the threats of nuclear war and atomic terrorism? or will we pass on to future generations a land devastated and destroyed by the enemies of civilization? this is the responsibility with which we have been charged by history. this is our challenge, this is the fight that falls to our generation. when we launched this campaign 13 months ago, we saw a movement grow. upon this, all said it was hopeless, but we saw over 300,000 volunteers all across this nation. [applause]
sen. cruz: over 1.5 million contributions averaging about $60 each. [applause] sen. cruz: many of those of volunteers, many of those contributions you never forget. just a few days ago, two young kids ages four and six handed me two envelopes full of change. all of their earnings from their lemonade stand. they wanted the campaign to have it. that's what built this campaign, that's what fueled this movement. [applause] sen. cruz: thank you to each of you. incredible patriots who have
fought so hard to save our nation. [applause] sen. cruz: and i, with you -- [applause] sen. cruz: i am so grateful to you, to my amazing wife, heidi. [applause] sen. cruz: to our precious girls, caroline and catherine. [applause] sen. cruz: to my mom, the prayer warrior. [applause] sen. cruz: to my dad, who has traveled this nation, preaching the gospel. [applause]
sen. cruz: to carly fiorina, who has been an incredible, phenomenal running mate. [applause] sen. cruz: what you have done, the movement that you have started is extraordinary. i love each and everyone of you. from the beginning, i've said i would continue on as long as there was a viable path to victory. tonight, i'm sorry to say it appears that path has been foreclosed. >> no.
sen. cruz: together, we left it all on the field in indiana. we gave it everything we've got. but the voters chose another path. and so, with a heavy heart, but with boundless optimism for the long-term future of our nation, we are suspending our campaign. but hear me now, i am not suspending our fight for liberty. [applause] sen. cruz: i am not suspending our fight to defend the constitution. to defend the judeo-christian values that built america. our movement will continue. and i give you my word that i
will continue this fight with all of my strength and all of my ability. [applause] sen. cruz: you are extraordinary and we will continue to fight next week, and next month, and next year, and together we will continue as long as god grants us the strength to fight on. [applause] sen. cruz: for one thing remains as true today as it was 40 years ago in kansas city. in this fight for the long-term future of america, there is no substitute for victory. there is no substitute for the america that each and every one of us loves with all of our heart, that we believe in with
>> that was ted cruz an ounce in the end of his presidential campaign after a second-place finish to donald trump in the indiana primary. >> c-span's washington journal live every day with news and policy issues that impact you. we're joinedning, by phone to talk about president obama's trip to flint, michigan where he will meet with governor rick snyder and address the water crisis. the foreign and defense policy studies vice president for the heritage foundation will be on to talk about the navy seal killed this week.
ono, ralph nader will be talk latest campaign 2016 and his upcoming book "breaking through power." be sure to watch at 7:00 eastern monday morning. join the discussion. on june 23, voters in the united kingdom cast their ballots on a referendum to leave the european union. tomorrow, british prime minister david cameron meets with members of parliament to answer questions on the referendum. we have it live. to me after we follow president obama to flint, michigan after meeting with members of the community. he will give a speech at northwestern high school. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2016] followed have a three by donald trump in the state of indiana, ted cruz suspended his campaign for the republican nomination. at a victory speech in new york city, mr. trump congratulated
[applause] mr. trump: well, thank you very much everyone. i want to start by, as always, thank you my family. my wife, my kids. they are still kids as far as i am concerned. they will always be my kids. i want to thank my grandparents, looking down on us. i want to thank my mom, and those looking down on me. it has been an unbelievable day, evening, and year. never have been through anything like this but it is a beautiful thing to watch and behold. we are going to make america great again.
we are going to make it great again. so important, so important that the people of indiana have been incredible. i started, as you know, not very long ago, six weeks ago. i was told i had a 20-point deficit. i went there, i worked very hard, i campaign, made lots of speeches and met lots of incredible people. the crowds got to figure it and bigger and towards the end it was like i did not want to leave. i almost said, maybe i will just never leave. and it resonated somehow and we had a tremendous victory. i have to think bobby knight. -- thank bobby knight. bobby knight was incredible. he was great.
[applause] mr. trump: i always tell you about it, you know, there are too many people like that. tough, smart, and they know how to win. that is what our country needs. we have to know how to win. we have been losing all the time. we lose with our military, we cannot defeat isis, we lose with trade, we lose with borders. we're not going to lose anymore. we're going to start winning again, and we're going to win big league. [applause] mr. trump: so when i got back tonight and i began watching all the different networks, it looks like a massive victory. it looks like we win all 57 delegates. [applause]
mr. trump: and i must say, in staying in various places in indiana we had -- i turned on the television and all i saw was negative ads. negative one after another after another. i called my people and i said, how can we win? it is this constantly. same as florida. 60,000 negative ads. i got it right for you folks, ok? 60,000. in fact, two weeks ago it was 55,000, now it is 60,000 negative vans full most of which are absolutely false and disgusting. and i said, how can anybody endure this. i had one evening two nights ago where literally they had five ads on in between segments of a show i was watching. and i said, that is incredible. the people are so smart. they do not buy it. they get it. and, tremendous amounts of money
were spent. millions and millions of dollars. they think probably $8 million was spent against me. and we spent $900,000. [applause] mr. trump: to me, that is the way it is supposed to be. that makes me feel really very, very good. now we are going to nebraska. i look forward to that very much. and west virginia and we are going to get those miners back to work. i tell you what. we are going to get those miners back to work. [applause] mr. trump: we are going to beat hillary clinton. i watched her three or four weeks ago when she was talking about the miners as if it were just numbers. she was talking about she wants the mines closed and she will
never let them work again. let me tell you, the miners in pennsylvania and ohio and west virginia, they are going to start working yet. let me tell you, they are going to the proud to be mine so we will be going there. this tremendous run we had started in new york with this. 62% with two people is a massive landslide. but 63%, just a little over 62, when you have that kind of a number with three people, it is actually a unheard of. and all throughout it was 17 people, then 15 then 12, it was tremendous. we are getting very high numbers and some of the numbers in my opinion, in a state with 32% but there were 14 people, i think
that might be actually more and better than letting 62% in new york, but we never got credit for that. but now we do not need the credit because we are going after hillary clinton. she will not -- [applause] mr. trump: she will not be a great president. she will not be a good president. she will be a poor president. she does not understand trade. her husband signed, perhaps in the history of the world, the single worst trade deal ever done. it is called nafta. and i was witness to the carnage over the last six weeks especially. now, i have known syracuse, i and i have known poughkeepsie and maryland and other places. the people are incredible.
all of the different states. connecticut. i have witnessed what it has done firsthand and it has been carnage. we are going to change it around. we are not going to let carrier and all of these countries think they can move, go to another country, make their product and sell it back to us and we get only one thing. [applause] mr. trump: unemployment. not going to happen, folks. not going to happen anymore. we are going to bring back our jobs and we are going to keep our jobs. we're are not going to let companies leave. if they want to go to another state, good luck. compete. but if they start going to other countries, and in many cases countries that devalued their currency and make it impossible for our country to compete, that is not going to happen. not going to happen. and if they want to do it anyway there will be consequences.
very, very serious consequences. i have to tell you i have competed all my life. a competitive person. all of my life i've been in competitions. different competitions. sports, business, and now for 10 months politics. and i have to tell you that i have met some of the most incredible competitors that i have ever competed against right here on the republican party. we started off with a 17 number. and just so you understand, ted cruz, i don't know if he likes me or does not like me but he is one hell of a competitor. he is a tough, it smart man. [applause] mr. trump: and he has got an amazing future. he has got an amazing future and
i want to congratulate ted. i know how tough it is. it is tough. it is tough. i had moments when it was not looking so good and it's not a great feeling so i understand how ted feels, and heidi. and their whole, beautiful family. i want to say he was one tough competitor and i can say that for the others. i mean, chris christie, who endorsed. incredible guy. dr. ben carson, who is right up there. one of the first. he just called me and said, it is a movement you have got going. we have got to do something because i tell you what, it is an incredible movement and dr. ben carson endorsed me and i tell you what, he is an incredible man. and we want to keep him totally involved because we are going to
win. we're going to win in november. [applause] mr. trump: and we are going to win big. it's going to be america first. i made a speech the other day about how we protect other countries and they do not respect us and they do not take your of us and they do not treat us right in many cases. that's not going to happen. we're going to keep things going very closely. we owed $21 trillion in. 19 million now, but with the budget recently passed, it will be $21 trillion. we are not in the position we were in 30 years ago, 40 years ago with a lot of these things began taking place. we are going to have unbelievably good relationships with other countries. but likewise, they have to treat us fairly and understand what we have been doing over the years has been so wrong and so unfair
to the united states and to its people, and to its taxpayers. that will change. and i will tell you, they are going to end up liking us better than they do right now. they are going to respect us. in this building, right upstairs. [applause] mr. trump: in this building right upstairs, i have the largest bank in the world from china. the relationship is fantastic. we have great relationships with many foreign countries. but they have to respect us and understand where we are coming from. and you know, it is a two-way street. the two-way street means we are going down one side and they are coming up the other. we are going to meet and we are going to have something that is going to be fabulous. now, if that can't happen, if for some reason they want the system to continue the way it is going now, which is unfair and not good, where we are spending trillions and trillions of
dollars in the middle east, and we have to rebuild our infrastructure, our roads, our bridges can our airports and hospitals, we have become close to a third world country. you look at some of the airports, it is third world. then you go to other places and you see places like you have never seen. so i have to tell you that we are going to turn it around and build that our military bigger, better, stronger than ever before. it's the cheapest thing we can do. and we are going to have to take out isis and we are going to have to take them out fast. we can't allow that cancer to continue. [applause] mr. trump: we cannot allow it. you know the one group has been so incredible to me. the veterans. they have been treated so badly. [applause] mr. trump: so, we going to get that. we are going to get that straightened out.
now, one of the things that just happened, which is very exciting, the rasmussen poll came out yesterday. and in that poll, i am now leading hillary clinton. [applause] >> [crowd chanting "trump"] mr. trump: that is going to continue. they are not going to be able to do it. they are not going to be able to make great trade deals. we have such bad deals. they are not going to be able to do what we are going to do with the military and the border, including the wall. we are going to have unbelievably great relationships with the hispanics, who have been so incredible to me. they want jobs. everybody wants jobs. the african-americans want
jobs. you look at what is going on. they want jobs. [applause]
mr. trump: and we are going to bring back our jobs and save our jobs. people are going to have great jobs again. this country, which is very divided in so many different ways is going to become one beautiful, loving country. we are going to love each other, cherish each other, take care of each other, and we are going to have great economic developments. we are not going to let other countries take it away from us. that is what has been happening for far too many years. we are not going to do it anymore. we are not going to do it anymore. [applause] mr. trump: i want to thank and congratulate the republican national committee, and reince priebus. he is doing a tremendous job. it is not an easy job. when he had 17 egos. now, i guess he is down to one. is there a second? [applause]
mr. trump: i will have to ask you folks to explain the status of that, but he has done an amazing job. we will
see something really fantastic. i want to thank my staff, paul, corey, hope. i mean, these people. what we have been doing is incredible. the work, the work [applause] mr. trump: the work has been unreal. and jared. mary to my daughter -- married to my daughter ivanka. he is a very successful real estate person, but i think he likes politics. i did not expect this. he has been very good at politics. and what ted cruz did was a brave thing to do. and a good thing to do. because we want to bring unity to the republican party.
we have to bring unity. it is so much easier if we have that. [applause] mr. trump: and many, many people are calling. like you would not believe. people who have said the worst things about me. i have never had things said about me like this. in my businesses, i have been very respected. people did not talk to me this way. in politics, it is easy. the worst things. they are calling us and they are saying, we would love to get on the trump train. the trump train, they call it. but we would love to get on the train. [applause] mr. trump: and i actually spoke to one today and -- who was vicious -- i mean, this guy was unbelievable. and i said, i love having you and, you know, i think it is terrific that after what you
said about me, how can you possibly join our team? and he said, mr. trump don't even think about. do not worry about. there is no problem. in other words, he is a politician there is no problem. i would have had a hard time. that we have a lot of people coming. lots of congressmen. i have to thank senator jeff sessions. one of the most respected man or people in congress. [applause] mr. trump: and i have to thank sarah palin. jerry falwell, junior, liberty university. he is something. he is really a special person. they have done an incredible job. everybody goes through liberty. we'll go through liberty. somehow he liked what i was saying and the way i said it. but he is an incredible guy and has really helped me. so many pastors and ministers.
tonight i see i want with the evangelicals. the evangelical vote was for trump. [applause] mr. trump: there is no greater honor. just no greater honor. we are going to work together for many, many years. we are going to make it so good. we're going to be saying "merry christmas" again. we are going to be saying it. [applause] mr. trump: and i won with women. i love women. i love winning with women. i went with women. i won with men. we won with hispanics. we won with african-americans. we won with virtually every category, so it has just been an amazing evening. so again, i want to congratulate ted cruz. he is a tough, smart competitor. i want to thank my wife and family. it is an incredible family. [applause]
mr. trump: i want to thank my staff. both my staff and my thousands and thousands of people that work for the trump organization. [applause] mr. trump: and, perhaps in all fairness, more importantly on this evening and for what we are
doing currently, my staff. we are running for the presidency. remember this, our theme is very simple. it is "make america great again." we will make america great again. we will start winning again. you will be so proud of this country very, very soon. thank you very much. [applause] ["start me up" by the rolling stones] ♪
morning, a discussion on climate change in the zika virus. we live at 9:00 a.m.. then i panel on the economic challenges facing oil exporting countries hosted by the center for strategic and international studies. that is live at 11:00 a.m.. >> i helped
both countries with their constitutions being sort of facilitated by an agreement on key issues. influences is considerable.
tonight, former u.s. ,mbassador to afghanistan, iraq and united nations discusses his memoir. >> we saw that extremists exploited, we corrected to towards the end of the time i was there by the surge and reaching out and building up iraqi forces and establishing a government. about security violence was way down. unfortunately, when we left and the vacuum was filled by rival regional powers pulling iraq part, violence escalated and we have isis now. >> bernie sanders beat democratic rival hillary clinton tonight.
he spoke to his supporters in louisville, kentucky. he spoke for about one hour. sen. sanders: louisville, thank you! [applause] in case you haven't noticed, there are a lot of people here tonight and i appreciate that. [applause] sen. sanders: this campaign began just about a year ago. and when we began, people were saying, bernie is a nice guy, he combs his hair beautifully. [laughter] sen. sanders: but none the less, he is a fringe candidate. well, well -- all right. well, a lot has happened in the last year. as of today, we have now won 17
primaries and caucuses. [applause] sen. sanders: we have received some 9 million votes. [cheers and applause] sen. sanders: when we started this campaign, we were 60 points behind secretary clinton in national polls, here and a few of the polls actually have us ahead a few points. [cheers and applause] sen. sanders: and i will tell you what is extremely exciting for me, and that is in primary after primary, caucus after caucus, we end up winning the vote of people 45 years of age or younger. [cheers and applause] sen. sanders: and that is
important because it tells me that the ideas that we are fighting for are the ideas of the future of america. [cheers and applause] sen. sanders: and the future of the democratic party. i am running for president because we live in the wealthiest nation in the history of the world, but most americans don't know that because the economy is rigged and almost all new income and wealth goes to the top 1%. [applause] sen. sanders: the issue of wealth and income inequality is the great moral issue of our time.
it is the great economic issue of our time, the great political issue of our time and together we will address that issue. [cheers and applause] sen. sanders: let us be very clear. in america today, the top 1/10 of 1% now owns almost as much wealth as the bottom 90%. [booing] sen. sanders: the top 20 people in this country in wealth now own more wealth on the bottom 150 million americans half of our population. [booing] sen. sanders: we've got one family, the walton family of wal-mart.
they are worth $149 billion, more wealth than the bottom 40% of the american people. [booing] sen. sanders: and when you talk about a rigged economy, that is exactly what walmart and the walton family are all about. they pay their workers wages that are so low that the american taxpayer has to pay for the food stamps and the medicaid -- [cheering] >> bernie! bernie! sen. sanders: the american taxpayer is paying for the food stamps and medicaid that many walmart employees need because their wages are too low.
now, it is a little bit nuts to my mind when the middle class of this country has to subsidize the employees of the wealthiest family in this country. [cheers] sen. sanders: but it is not just wealth. it is not just wealth, it is income. in america today we have millions of people working longer hours for lower wages. we have families today where mom is working 40 hours, dad's working 40 hours, the kids are working and they are still not earning enough money to provide for their family. and that is why together we are going to create an economy that works for all of us, not just
the 1%. [cheering] [applause] sen. sanders: together, we are going to end this absurdity of having a national minimum wage of $7.25 an hour. [cheers and applause] sen. sanders: together, we are going to create a minimum wage which is a living wage, $15 an hour. [cheers and applause] sen. sanders: it is not a radical idea to say that in america, in kentucky, in vermont, if you work 40 hours a week you should not be living in poverty. [cheers and applause] sen. sanders: and when we talk about equitable wages, we are
going to end the embarrassment of women making 79 cents on the dollar compared to men. [cheers and applause] sen. sanders: i know that every man here is going to stand with the women in the fight for pay equity. [cheers and applause] sen. sanders: in america today, our infrastructure, that is our water systems -- i was in flint, michigan, couple months ago. and what i saw in flint was something that i will never forget. and that is children being poisoned by excessive lead in their water. [booing] sen. sanders: this should not be
happening in this country in the year 2016. [cheers and applause] sen. sanders: but it is not just flint. hundreds of communities have similar problems, but it's not just water. it is our roads and our bridges and our airports and our rail system and our levees and dams. this is america, our infrastructure should not be crumbling. [cheers and applause] sen. sanders: and that is why together we are going to invest in rebuilding our infrastructure and when we do that, we're going to create 13 million decent paying jobs. [cheers and applause]
sen. sanders: and when we talk about the needs of the american people, all of us understand that we live in a competitive, global economy. and that means that we need the best educated workforce in the world. [cheers and applause] sen. sanders: there is something a little bit crazy when young people go to, college get the best education they can, and then they end up $30,000, $50,000, $70,000 in debt. anybody here with student debt? [cheering] sen. sanders: well, in my view, we should be encouraging people to get an education, not
punishing people for getting that education. [cheers and applause] sen. sanders: and that is why we are going to do two things. number one, in the world today, it is no longer good enough to talk about public education being first grade through 12th grade. truth is changing economies and changing technology requires people to get more education. [cheers and applause] sen. sanders: 50 years ago, you had a high school degree, you are doing pretty well. you can go out, get a job, make it into the middle class. that is not the case today. today in my view, when we talk about public education, we must be talking about making public colleges and universities
tuition-free. [cheering] sen. sanders: it is insane in my view that we have got hundreds of thousands of bright young people who are qualified to go to college but are unable to do so because their families lack the income. that is unfair to them, it is unfair to the future of this country. we don't know how many scientists and doctors or great business people cannot get the education they need. and second of all, second of all, it is absurd that we have millions of people in our country today that are being crushed by high-levels of student debt. i have talked to people all over this country.
doctor in vermont, $300,000 in debt. a dentist, $400,000 in debt. young man dropped out of college after two years in iowa, $60,000 in debt. a guy who's 55 years of age in nevada, he has been paying off a student debt for 25 years. he is more in debt today than he was when he took it out. [crowd booing] sen. sanders: that is nuts. it really is nuts. so, what we are going to do for those with have student debt, we're going to allow them to refinance that debt at the lowest interest rate they can buy. [cheers and applause] sen. sanders: now, what this means, which is pretty revolutionary, it says that kids in kentucky and in vermont and
west virginia, all over this country, it says to those kids in the fourth grade and the sixth grade that if you, study hard if you do well in school, yes, regardless of the income of your family, you will be able to get a college education. [cheers and applause] sen. sanders: now, throughout this campaign, my critics and my opponent have been saying well, bernie, you are a nice guy. you want to give out free tuition at public colleges and universities. you want to substantially reduce student debt. how are you going to pay for it? well, i will tell you exactly how we will pay for it. we are going to impose a tax on wall street speculation.
[cheers and applause] sen. sanders: eight years ago, when wall street's greed and recklessness and illegal behavior brought this country into the worst economic decline since the great depression, congress, against my vote, bailed them out. well, in my view, now is the time for wall street to help the middle class of this country. [cheers and applause] sen. sanders: this campaign is listening to senior citizens, disabled veterans, and people who have disabilities. a great nation is not judged by
the number of millionaires or nuclear weapons it has. a great nation is judged by how it treats the weakest and most vulnerable among us. [cheers and applause] sen. sanders: today, in kentucky, and in vermont, and in states all over this country, you do not hear a lot about this -- but there are millions of seniors and disabled vets who are trying to get by on $10,000, $11,000, $12,000 a year, social security. and you know what? nobody can get by on $10,000, $11,000 a year social security. you cannot buy the medicine you need, the food you need, pay the rent. you can't do it.
now, what the republicans say when they hear this, they say, we are going to cut social security benefits. [booing] sen. sanders: we are not going to cut social security benefits. we in fact are going to expand social security benefits. [cheers and applause] sen. sanders: let me for a moment talk about some of the differences that exist between secretary clinton and myself. and one of the differences is very important because it deals with how you raise the money you need for your campaign. now, the truth is that in the
year 2016 it costs hundreds of millions of dollars to run for president of the united states. and when we began this process, we had to make a very simple decision -- do we do what every other campaign for president is doing and establish a super pac? [crowd yelling "no!"] sen. sanders: do we beg wall street and corporate america and the drug companies for campaign contributions? [crowd yelling "no!"] sen. sanders: well, we agreed with you. [cheers and applause] sen. sanders: and we concluded that we don't represent the billionaire class. we don't represent wall street and we do not represent corporate america. we don't want their money. and we're going to raise our campaign funds in a different way.
and then i never would've believed, to be honest with you, that this could have happened. but in the last year, we have received over 7.3 million individual contributions. [cheers and applause] sen. sanders: 7.3 million. anyone know what the average contribution is? >> $27! sen. sanders: i love that. i really love that. [cheers and applause] sen. sanders: what is revolutionary about that is we have shown the world that we can run a winning, national campaign without being dependent on powerful and wealthy special interests. [cheers and applause] sen. sanders: secretary clinton
has chosen to raise her funds in a different way. [booing] sen. sanders: she has a number of super pacs. in the last filing period, her major super pac reported $25 million from special interests, including $15 million from wall street. [booing] sen. sanders: in addition to that, as some of you may know, secretary clinton has given a number of speeches to wall street financial institutions for $225,000 a speech. [booing] sen. sanders: now, $225,000, that is a lot of money. and i kind of figured that if you give a speech for that kind of money, it must be a brilliant, earth shattering speech. it must be a speech that will help us solve all our global
problems. it must be a speech written in shakespearean prose. [cheering] sen. sanders: and therefore, i think a speech that extraordinary should be shared with all of the people. [cheers and applause] sen. sanders: secretary clinton has said, well, she will release the transcripts when other people do the same. so, let me make here in louisville tonight, let me make a special announcement. and that announcement is -- i am prepared to release the transcripts of all of the speeches i have given on wall street. [cheers and applause] "bernie."]ting
sen. sanders: all right, you ready? here it is. shh. you got it. did you get all of the transcripts? ok. no speeches, not for $225,000 not for $2.00, no speeches behind closed doors for wall street at all. [cheers and applause] sen. sanders: but you know i got my cell phone on and i'm waiting for that call from wall street inviting me to give them a speech. [laughter] sen. sanders: and i am going to make it easy for wall street. i do not want $225,000. i do not want $25. i do not want anything, but i do want the opportunity to tell them face-to-face what their greed and illegal behavior has done to this country. [cheers and applause]
sen. sanders: as a result of what they have done, as many of you know, millions of our fellow americans have lost their jobs. they have lost their homes. they have lost their life savings, and wall street has got to understand that. and i want to tell you a brief story which kind of encapsulates everything that this campaign is about. a few weeks ago, goldman sachs, one of the major financial institutions -- [booing] sen. sanders: they reached a settlement with the federal government for $5 billion. and they reached that settlement because they have been selling worthless packages of subprime mortgage loans. in other words, they were
ripping people off and operating in a fraudulent manner. but to be fair to goldman sachs, they were not the only one. that is what everyone of these damn banks was doing. [cheers and applause] sen. sanders: now, here's the other thing to understand, when we talk about america today. and why it is too late for establishment politics and establishment economics. goldman sachs, the other major wall street banks, operated in a fraudulent manner. goldman sachs paid $5 billion in settlement. but that is not all. over the last 25 years, the political power of goldman sachs through the revolving door process meant that at least two top executives at goldman sachs went on to become secretaries of treasury. [booing]
sen. sanders: do you know what -- other executives took very important positions. do you know what the revolving door means? what the revolving door means is you work on wall street, you go into the government and you represent wall street and the government and then you go back to wall street. that is what the revolving doors are about. thirdly, what goldman sachs has done over the years like other wall street financial institutions, they have made huge -- and i mean huge -- [laughter] sen. sanders: campaign contributions to politicians of all stripes. and here is the last thing we need to know about what is happening at goldman sachs -- and this really, really gets the american people angry. today in kentucky or vermont, some kid gets picked up with marijuana.
and that kid will get a criminal record that will last his entire life. [booing] sen. sanders: hang on there, we are going to deal with that one in a minute. but here is my point. if you are a kid with marijuana, you get a criminal record, which is no joke. but you go out and try to get a job with a criminal record, it may not be so easy. but if you are an executive on wall street, if you are the 1%, if you are part of the most powerful institution in america, you can commit illegal acts which wreck the lives of millions of people and you know what happens to you? you get an increase in your compensation package. [booing]
sen. sanders: well, you know what we're going to do together? we are going to bring justice back to the criminal justice system. [cheering] and justice means that even if you're wealthy and powerful, and if you break the law, you have got to pay the price. [cheering] sen. sanders: let me talk about just a few other differences between the secretary clinton and myself. all of you know that one of the very important things that a president of the united states does is deal with foreign policy and military policy. [cheering] sen. sanders: the most important debate, the most important debate that we have had as a country in the modern hiy