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The Hartmann Report

Daily Take: How to Stop the Billionaire Takeover: Democrats Must Declare Class Warfare

The Hartmann Report

Thom Hartmann

The Hartmann Report, Climate Change, Democracy, News, America, Debate, Congress, Economics, Thom Hartmann

4.51.3K Ratings

🗓️ 14 November 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

It’s time to name the enemy and wage a real fight for the middle class…

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Transcript

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0:00.0

Hi, everyone. If you've been injured in an accident that was not your fault, listen up. We have legal professionals standing by to answer your questions for free. Call now and find out if you have a case and how much it's potentially worth. Call 800-540-2100. I'm here with spokesman John Wolfe. So John, tell everyone listening

0:25.0

who should call right now. Well, Maria, first off, thank you for having me here. It's always nice to

0:29.8

answer the listener's questions. Now, as far as who should call in, anyone who's been injured

0:34.6

in an accident and think you deserve compensation, give us a call right now.

0:39.0

800-540-2100. You'll find out if you have a case and how much it's potentially worth.

0:45.5

Thanks, John. You heard it, folks. Take advantage of this opportunity and call now.

0:50.2

800-540-2100.

0:55.8

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1:03.2

How to stop the billionaire takeover. Democrats must declare class war.

1:10.0

If my hypothesis from yesterday the Democrats' best way to win elections

1:13.9

and regain political power is to engage in class warfare against the GOP and the billionaires that

1:19.5

funded, the immediate question is how? The last century has seen two presidents engaging class warfare in a big and direct way.

1:30.2

They not only won the multiple elections, but also altered the electoral map of America,

1:35.5

Franklin D. Roosevelt and Ronald Reagan. There are multiple lessons to learn from both.

1:41.5

When FDR came into power in March of 1933, the nation was in shambles because of a decade

1:46.9

of Republican mishandling of the economy. In the early 1920s, Republican President Warren

1:52.2

Harding dropped the top income tax rate from 91% down to 25% and loosened oversight of Wall Street.

1:59.5

The short-term result was an explosion of riches at the top,

2:02.6

referred to as the roaring 20s, and violent actions against attempts to form labor unions.

2:08.9

The longer-term result was the infamous Black Tuesday of October 29, 1929, which kicked off the

2:15.6

Republican Great Depression. President Roosevelt correctly identified

2:19.7

America's morbidly rich who'd seized control of the GOP after the end of the Taft presidency

...

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