SANDERS: Every other major country providing health care to all people as a right, except the United States. You see every other major country saying we are going to have medical and family paid leave. I think we should look to countries like Denmark and learn from what they have accomplished for their working people. Do I consider myself part of the casino capitalist process by which so few have so much and so many have so little by which Wall Street's greed and recklessness wrecked this economy? No, I don't. I believe in a society where all people do well. Not just a handful of billionaires.
CLINTON: What Senator Sanders is saying certainly makes sense in the terms of the inequality that we have. But we are not Denmark. We are the United States of America.
SANDERS: Do I consider myself part of the casino capitalist process by which so few have so much and so many have so little? No, I don't.
Q: Is there anybody else on the stage who is not a capitalist?
CLINTON: When I think about capitalism, I think about the small businesses that were started because we have the opportunity and the freedom in our country to do that. I don't think we should confuse what we have to do every so often in America, which is save capitalism from itself. But we would be making a grave mistake to turn our backs on what built the greatest middle class of the world.
SANDERS: I think everybody is in agreement that we are a great entrepreneurial nation. We have to support small and medium-sized businesses. But you can have all of the growth that you want and it doesn't mean anything if all of the new income and wealth is going to the top 1 percent.
CLINTON: I represented Wall Street, as a senator from New York, and I went to Wall Street in December of 2007--before the big crash that we had--and I said, "cut it out! Quit foreclosing on homes! Quit engaging in these kinds of speculative behaviors." I took on the Bush administration for the same thing. My plan would have the potential of actually sending the executives to jail. Nobody went to jail after $100 billion in fines were paid.
SANDERS: In my view, Congress does not regulate Wall Street. Wall Street regulates Congress. And we have gotta break up these banks.
O'MALLEY: Madam Secretary, you are not for Glass-Steagall. You are not for putting a firewall between this speculative, risky shadow banking behavior. I am, and the people of our country need a president who's on their side, willing to protect the Main Street economy from recklessness on Wall Street.
CHAFEE: The Glass-Steagall was my very first vote, I'd just arrived, my dad had died in office, I was appointed to the office, it was my very first vote.
Q: Are you saying you didn't know what you were voting for?
CHAFEE: I'd just arrived at the Senate. I think we'd get some takeovers, and that was one. It was my very first vote, and it was 92-5.
Q: Well, what does that say about you that you're casting a vote for something you weren't really sure about?
CHAFEE: I think you're being a little rough. I'd just arrived at the United States Senate. I'd been mayor of my city. My dad had died. I'd been appointed by the governor. It was the first vote and it was 90-5, because it was a conference report.
[Moderator explanation]: Glass-Steagall is the Depression-era banking law repealed in 1999 that prevented commercial banks from engaging in investment banking and insurance activities.
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