Investments in energy efficiency and sustainable energy create more jobs than investments in fossil fuels.
Bernie Sanders
The Public Record
Bernie Sanders is an American politician and activist who has served as the junior United States senator from Vermont since 2007. A member of the Independent party, Sanders is known for his progressive policies and advocacy for social justice, healthcare reform, and income equality. He previously served in the U.S. House of Representatives from 1991 to 2007, where he was the first independent elected to the House in 40 years. Throughout his career, Sanders has been a vocal critic of economic inequality and corporate influence in politics.
So these are people who come in with weatherization efforts, with new lighting.
I would hope, Senator Sessions, and all members of the panel, that we pursue this issue of on-bill financing.
Good morning and welcome to an important hearing sponsored by the Green Jobs Subcommittee.
I am announcing today that my office will soon be introducing legislation to support utilities that want to go forward on on-bill financing for their customers.
I would just simply suggest that during the financial crisis you acted very, very boldly--$16 trillion in revolving loans.
I believe you do have the emergency authority to provide emergency loans to small businesses so that we can create millions of jobs.
I would urge your support to do what you can to make sure that those outrageous interest rates are done away with.
Can you give us any reason why Congress should not do the same for the large financial institutions?
I get calls in my Vermont office every week from people who are paying 25 or 30 percent interest rates on their credit cards.
I think the perception on the part of these demonstrators, and millions of other Americans, is that as a result of the greed, the recklessness and the illegal behavior on Wall Street we were plunged into this horrendous recession we are…
Are you prepared to provide low-interest loans to small businesses in the same way you provided it to large financial institutions around the world?
But you do have the authority. Some would disagree that--whether you should have that authority--to deal with unemployment.
I secured a provision in Dodd-Frank, which you were not too enthusiastic about as I recall, which allowed for an audit of the Fed during the financial crisis.
Do you believe--if you were sitting where we were, would you be supportive of breaking up these large financial institutions?
When you have six financial institutions with that much economic power, why shouldn't we break them up?
Do you believe that this economy will recover so long as we continue to have this growing gap between the very, very rich and everybody else where some people have so much, and so many people have so little?
The top 1 percent earn more income than the bottom 50 percent. The wealthiest 400 people own more wealth than the bottom 150 million Americans.
I think most Americans perceive today that the middle class is collapsing, poverty is increasing, real unemployment as you know is about 16 percent, 25 million people without jobs or underemployed, and yet at the same time we have growing…





