Millionaires and billionaires are pouring unbelievable sums of money into the political process in order to fund super PACs and to elect candidates who represent their interests, not the interests of working people. What this campaign is about is whether we can mobilize our people to take back our government from a handful of billionaires and create the vibrant democracy we know we can and should have.
It is immoral and wrong that the top 1/10 of 1% in this country own almost 90 percent--almost--own almost as much wealth as the bottom 90 percent. That it is wrong, today, in a rigged economy, that 57% of all new income is going to the top 1%.
What I'm talking about is this, our middle class is shrinking. Our poor families are becoming poorer, and 70 percent of us are earning the same, or less than we were 12 years ago. We need new leadership, and we need action. The sort of action that will actually make wages go up again for all American families.
Our economy isn't money, it's people. It's all of our people, and so we must invest in our country.
O'MALLEY: I would follow through on the promise that the American people thought we made as Democratic Party, to protect the Main Street economy from recklessness on Wall Street. I would push to separate out these too-big-to-jail, too-big-to-fail banks, and put in place Glass-Steagall, a modern Glass-Steagall that creates a firewall so that this wreckage of our economy can never happen again.
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