It think maybe we all want to summarize our views, and the fear that I have is that this country increasingly is moving away from our democratic traditions into an oligarchy, and all that those tax breaks for the wealthy do is they make the people on the top that much wealthier, and with that money what they do is buy television networks. I understand that the Speaker last night was at a fund raiser, a nice little dinner, I guess, and it only cost $50,000 a plate to go to that dinner in order to contribute to a TV network which will further propagate the rich person's point of view.
On the recordFebruary 8, 1995
Source
govinfo.govEditor's note · Context
Addressing concerns about wealth inequality and its impact on democracy.
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