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The fusion of entertainment and enlightenment. Welcome to America. It is Wednesday. It is Wednesday, isn't it? Thank you. Thank you. God bless you. It's Wednesday.

Socialist Bernie Sanders, one of the leading presidential candidates yesterday tried to try to praise communist China, which is in and of itself an interesting thing to do. But he ended up praising capitalism. Capitalism communism. Where are we headed? That and the Soviet Union's Constitution.

Tell me where we're headed. All that coming up in one minute. This is the global program.

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Now you tell me what's wrong. Here's Bernie Sanders, audio of Bernie Sanders yesterday trying to praise Communist China.

But what we have to say about China in fairness to China and its leadership is if I'm not mistaken they have made more progress in addressing extreme poverty than any country in the history of civilization.

Okay, Bernie, I think you... I do not think those words mean what you think it means. What he didn't talk about was that it is the free market principle that China started to enact that they got from us. It wasn't communism.

Never before in history of so many people escaped poverty in such a short time in the past decades in China. Okay, according to the official World Bank figures, the percentage of extremely poor people in China in 1981 was 88.3%.

By 2015 only 0.7% of the Chinese population was living in extreme poverty. Now, wait a minute. Poor people in China fell from 878 million people to less than 10 million people since 1981.

Now what happened? What happened? Well, under Mao, the state had, you know, an in an impudent grip over China's economy. What happened over the last few decades can be send up in a couple of sentences. China embraced the tenets of a free market economic system.

It introduced private ownership, gradually reduced the influence of the once all-powerful state over the Chinese economy. Now, they're still still communists and is still state-controlled much of it.

But you also have these independent companies, these companies that are not collapsing, these companies that are run by the state are collapsing as we pointed out earlier this week. China had to print 50 trillion dollars.

50 trillion. Half of that went right to the state-owned companies that are dying.

The state still plays a major role, but it is its free market capitalism after the death of Mao and the death of communism.

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