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Sanders to Yellen: Is the U.S. an Oligarchy?

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SteveMT's picture

Socialist Sanders questioning fascist Yellen is just stunning.

A socialist wants a straight answer about wealth redistribution from a fascist who created the very system that allowed the rich to get richer. Sanders wants the money from the "miserable" Koch Brothers, but not from the Rothschilds, Morgans, Bernankes, Greenspans, Corzines, Geithners, Hank Paulsons, Rubins, Dimons, Bloombergs, etc.

So Blind

They don't see how it is the very regulation they seek that creates the problem.

The REAL issue is that government is TOO powerful at the core. If you CREATE a massive center of power in time men will figure out how to control it.

The key is DECENTRLIZATION of power so that you remove the incentive to seek and purchase said power.

Thats way too obvious ...

... and wayyyy too threatening to everything that they are and everything they exploit, for them to ever acknowledge or publicly support that idea in any way.

The entire surveillance apparatus is - at least in part - designed to ferret out any organizations and individuals that even *think* of this solution and designate them a threat.

This is also the real intellectual foundation of the massive resistance to and brainwashing campaign against Ron Paul - against the Bundys and anyone like them - and against We the People that understand this simple truth.

A decentralized Republic under a Constitution that holds them accountable is their biggest nightmare.

The major problem that socialists with any real philosophy

Have with capitalism is that accumulation of wealth has the potential and some would say is inevitably to lead to the accumulation of mst of the wealth in the hands of very few.

This began with Pierre Proudhon's anarchist manifesto "What is property" and was the premise of Karl Marx's Das Capital.

Bernie Sanders sees the "stage" that we are in as the final stage of the inevitable transition from capitalist democracy to oligarchy of the rich and powerful few.

This is nothing more than commie saber rattling akin to what you might have heard in the 30's and 40's in America.

They are never so perceptive to able to see government as the reason the super wealthy get to stay that way.



you just labeled the United States a democracy. It's high time our representatives learn the United States is not a democracy.

If people in our government think we live in a democracy, does this mean the United States Constitution, the supreme law of the land, our republic no longer exists?

Missing the Point

The Federal Reserve has the power of money creation, with that it can make 80 billion, 150 billion, 500 billion, look like a drop in the ocean very quickly. It is not the class of wealthy businessmen that are the problem. THIS IS NOT A CLASS PROBLEM.

The issue is control, control over markets, control over policy and regulation, control over every aspect of the economy, which of course has nothing to do with free market capitalism.

The problem is control, and the corporatist structure it has created.


Yes, as long as the Fed has

Yes, as long as the Fed has monopoly on money printing out of thin air, things get progressively worse for the people. I like Ron Paul's idea - end the Fed.

Nope. We have became A MIXED MONARCHY - James Madison Explains:

Virginia Resolutions 1798:

In Full: http://www.americanpatriotparty.cc/candidates

Virginia Resolution of 1798

James Madison:

"....That the General Assembly doth also express its DEEP REGRET, that a spirit has in sundry instances, been manifested by the federal government, to "enlarge its powers by FORCED constructions" of the constitutional charter which defines them; and that implications have appeared of a "design" to "EXPOUND" certain >>>"GENERAL "PHRASES" (which having been copied from the very limited grant of power, in the former articles of confederation were the less liable to be misconstrued) so as to destroy the meaning and effect, of the particular "ENUMERATION" which NECESSARILY EXPLAINS AND LIMITS THE "GENERAL PHRASES";

and so as to consolidate the states by degrees, into ONE sovereignty (APP: i.e. ONE NATION - NO WHERE INTENDED), the obvious tendency and inevitable consequence of which would be, to >>>"TRANSFORM" the present "republican" system of the United States,

into "an ABSOLUTE", or "at best" a "MIXED MONARCHY". ..."

American Patriot Party

Educate Yourself. Educate Others.

RichardTaylorAPP - Chair - American Patriot Party.CC

John Locke #201, 202, 212 to 232; Virginia and Kentucky Resolutions 1798; Virginia Ratifying Convention 6-16-1788; Rights of the Colonists 1772.


When did America become a democracy?These people have no business being in government because they represent another form of government.What country are they speaking of?What democracy is this stupid woman speaking of?She sounds totally retarded.These people are playing with different forms of government that were never created by the people so who are they to speak on any issue.People need to say no more of this nonsense!Stand up or be stood on.

More specifically, the question should be...

"Is the U.S. government OWNED BY an oligarchy?"

Are you a POT or a PET - Person Embracing Tyranny?

The missing piece

The piece everyone tends to ignore, and something that is just so obvious to me, is that it isn't money alone that perpetuates income inequality, but the immense power of government, who is paid to protect it.

The same people begging for greater government regulation and taxation on industry are the ones who bitch and moan as soon as a chemical spill is swept under the rug. Then once government fails to appease the people who are upset, they blame individuals in the system (instead of the system itself) and charge up for the next election cycle. Meanwhile, chemicals leak into their water ^_^

It is both the crony capitalism (the interference of the free market) and the failure of democracy being an adequate means of removing the corruption from Washington, that is creating an ultra-rich class.

Revoke the powers Washington has awarded itself, and money will suddenly fail to buy very much.

free market economy and capitalism

Are they the same thing

Would we have "capitalism", if we didn't have fractional reserve banking, or federal reserve control of the money supply, or government definitions and protection for corporations. And do we need any of these things for a free market ?

TwelveOhOne's picture

Fractional reserve banking: fracking the public

(Combining three concepts: banking, oil drilling, and Battlestar Galactica.)

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

moving from a capitalistic democracy to oligarchy = bad language

shame on you Kernel Sanders.

oligarchy is a class structure created by a government structure, they are not the same function.

only communist parties in democracy can create an oligarchy out of the people's republic!!!!!


The Precept from Sanders use of the word "capitalistic" assumes capitalism created the oligarchy and thus capitalism is government.


"Are we moving from a capitalistic democracy to a communist oligarchy?"


"Are we moving from a democratic republic to a communist democracy?"

A true flower can not blossom without sunlight and a true man can not live without love.

Well that is a strange scene...

The oligarchs admitting that we live under an oligarchy, and then lamenting that an oligarchy is undesirable. What a circus.

it is a trick

they just equated capitalism to government and left out communism entirely... thus giving the appearance capitalism created the problem not communism.

A true flower can not blossom without sunlight and a true man can not live without love.

A republic, if you can keep it

Oh well, sorry Ben. We couldn't keep it.

There is so much wrong with this exchange...making profits and wealth somehow evil, promoting the idea that handing out money to poor people to spend will improve the economy or even improve the lives of the poor, and of course ignoring the role the federal reserve itself has played in increasing the income gap.

We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.

-C. S. Lewis

Yellen finds income

Yellen finds income inequality worrisome yet she has no problem continuing to add to the inequality through QE and other Fed policies. Of course the commie Sanders doesn't challenge her there, does he now. No, it's all about those evil Republicans.

A pox on both their houses.

I must be willing to give up what I am in order to become what I will be. Albert Einstein

Capitalist Democracy?

Capitalist Democracy is an oxymoron. It never fails to piss me off when people who swore an oath the uphold the Constitution refer to the US as a Democracy when Art 4 Sec 4 guarantees a (r)epublican form of gov't.

Capitalism also ABHORS monopolies (oligopolies) so we can safely say that the US has not been Capitalistic since 1913 and arguably decades before.

Pumping near valueless currency into a oligopolized fascist system will ALWAYS result in almost all the currency being sent to the richest.

The Corporation of the United States is the democracy

they are talking about. (whether they all know it or not) Our constitutional republic government and all of the offices and positions appear to have been vacated in 1871 (or somewhere around then). Research by many indicates that our organic constitution and our republican form of government are most likely inactive and lying dormant. We all live in a corporation nation. Every city, state, county, etc...as well as every OTHER "nation" around the globe are also corporations. Its a paper based administrative system. Until more people do the research and figure this out...we will keep being enslaved and ruled based on UCC contracts by psychopathic oligarchs who call no country home. We are all "voluntarily" entering into contracts on a routine basis. Many are adhesion contracts which in reality makes them unenforceable but when the vast majority of the poplulation on the planet doesn't even know what type of control system they are living under...there is very little the average guy can do to escape the system. Our fellow slaves see to it that no one ever gets free. Its the most incredible indoctrination and slight of hand in the history of the world.

TwelveOhOne's picture

Cognitive dissonance: "unincorporated Broward County"

I used to live in Florida, and recall hearing about people living in "unincorporated Broward County". I never investigated, and always thought something like "wonder why they don't incorporate?"

I hadn't thought of this in years. Your comment about "corporation nation" reminded me of this.

How strange that it's in everyone's faces, yet nobody knows.

The bridge into Gloucester is the "A. Piatt Andrew" bridge. He was one of the architects of the Federal Reserve. Similarly in-our-face.

Then again, the mall in Danvers is the Liberty Tree Mall. It wasn't until some time after I had read the quote about the liberty tree needing to be refreshed from time to time, that I realized some positive things are also right out in the open.

The Masonic symbol (compass and square) is arranged in the same format as the diagram for vector math, which is the basis for Abha coils and more (so-called "over unity" coils).

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)


I would also add that the inevitable evolution of a "democracy" is into "oligarchy", due to the nature of the system. It is funny thing is that these people act like our status as an oligarchy is new or recent.

Also most ironic, is that these two people having this conversation are members of the groups most responsible for this, and are members of the ruling oligarchy.

Princeton Study Confirms 'US Is An Oligarchy'


"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

"So tell me something I don't know,"

was the response by many commentators when the study came out, the article says. It was my own thought listening to the clip. Oligarchy: "a form of power structure in which power effectively rests with a small number of people." http://en.wikipedia.org/wiki/Oligarchy

I'm also not okay with it. And not to raise a sticky issue, but it doesn't make me feel any more comfortable knowing that such incredible wealth and power to affect American policy rests in the hands of persons who apparently hold dual citizenship.

The end might not justify the means. And the means might not justify the end, either, if the end result doesn't best serve the people. Government is an artificial construct. It can be whatever a country says it is, with whatever caveats the people want. So many times I've heard - including from my own mouth - we're not seeing the results of capitalism but rather crony capitalism. Well, it is what it is, and the government structure we set up allowed for it. So maybe we need to change the structure. Do people really think the wealthiest individuals and corporations are investing in America? I'd rather see a more socialistic American society than a redistribution of wealth globally (drained from America), as is happening now with us being an oligarchy.

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Global Oligarchy

I think you can take it one step further, that there is a global oligarchy of a handful of people who can't be bothered by inconveniences such as borders, sovereignty and local laws or taxes.

Tax havens exist because it supports the supranational elite class who work in coordination to consolidate wealth and power.

I agree, we have not seen true capitalism in a very long time... Maybe competing currencies is the answer. If we had an alternate currency we could opt out of the system.

Anyway - great thoughts.

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Yes, a *global oligarchy* redistributing America's wealth.

The cartel needs to be broken up.

Also, we continually need to work towards DECENTRALIZATION - with government, with energy (the power grid), with transportation, with food production (see "slow food movement")... Heck, at the moment we Americans are in the process of rendering ourselves unable to even FEED ourselves... added to no longer being able to clothe ourselves, with those industries already gone. Do we even any longer have the means to produce what we'd need to defend ourselves? To whom are we beholden there?

In addition to people having greater power over their own circumstances, it's what makes the country more SECURE.

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Fan of Decentralization

At the national level I am a confederate at heart, let's put the 10th on steroids.

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

^ Exactly!

"...there is a global oligarchy of a handful of people who can't be bothered by inconveniences such as borders, sovereignty and local laws or taxes."


"...we have not seen true capitalism in a very long time...

Also very true...

Are you a POT or a PET - Person Embracing Tyranny?

The Income Doesn't "Go" To The Top 1%

There is not a fixed amount of income. If the top 1% earned nothing over the course of a given year it would not free up a single dime for the poverty-stricken.

"Wealth is unearned."--the left

"Bipartisan: both parties acting in concert to put both of their hands in your pocket."-Rothbard