 So one thing that I love about Bernie Sanders is that he's always been clear about his stance towards American oligarchs He does not like them. In fact, you could say that he loathes them and one time channeling FDR He even said I welcome their hatred and I love that He's always been that way, but as of late it almost seems as if he has sharpened his criticism of American oligarchs and it's making them very nervous now Let me give you some examples So he recently tweeted simply that billionaires should not exist point blank and On top of that in response to news that he outraised all of his Democratic Party primary opponents He stated the billionaire class should be very very nervous the working people of this country are ready for a political revolution So make no mistake about it. What he's saying to American elites is I'm not afraid of you In fact, I'm coming for you. So watch out You've robbed us for decades and now we're coming for what is rightfully ours So he's making all of these statements saying that billionaire should not exist and of course this is a very offensive to Billionaires so they are going on the only Platform that will give them access to voice their grievances about Bernie Sanders Of course Fox News and they are now whining about Bernie Sanders wanting to increase their taxes For example the former CEO of McDonald's Ed Renzi Decided to actually throw the C word around when describing Bernie Sanders and no not that C word I'm talking about communism and I don't know how else to describe this segment Other than saying this is a petulant child Complaining about seeing a slight increase in his taxes I'm going to turn to taxes 2020 candidate Bernie Sanders Announcing a proposal this week that would take aim at companies that pay high-level executives much more than the median employee salary if his plan has been is in place and it had if it had been in place last year JPMorgan Chase would have paid up $191.6 million more in taxes Walmart $793.8 million McDonald's $110.9 million more joining us right now is fat brands international chairman and the former CEO of McDonald's USA as well as famous Dave's barbecue Ed Renzi and Ed it is great to see you this morning. Thanks so much for joining us Good morning. Glad to be here. I just want to I just want to read you the the headline of Bernie Sanders tax plan And he says this Sanders releases income inequality tax plan the plan would increase taxes on greedy companies That pay CEOs 50 times more than median workers That's the headline of the actual press release greedy companies. What's your reaction? Well, I don't have much confidence in anything of Bernie Sanders says frankly There are no corporation in the world pays taxes. They collect money from customers for good services and taxes The customers will ultimately pay that it's inflationary It's ridiculous on its face and he knows it the communist party that's now parading around as the democratic party He's got to stop this nonsense We have a capitalist system free markets and they got to come to grips with that There's no way Bernie Sanders is ever going to get elected He's praying to make money or maybe become vice president candidate, but he's never going to get elected. He's absurd The butt hurt in that clip was palpable and uh, let me just say this his tears They're delicious I loved every second of that and I love how he's so sure that Bernie Sanders is going to lose But I can't tell if he's trying to convince viewers that Bernie will lose Or trying to convince himself that Bernie Sanders has no chance because um, he should keep wishing because if Bernie Sanders is president People like him they're actually going to finally have to pay their fair share and that is Long overdue, but they've been getting tax cuts. They've been able to control democracy and the economy And it's about damn time that we get someone in power that's fighting for the working class And not the oligarchs now the first dumb thing that he said was that you know, no corporation in the world pays taxes They collect money from customers for good services and taxes and customers will ultimately pay that So if you increase taxes on large multinational corporations, they're just going to pass that cost off onto consumers well That to me sounds idiotic because if you're going to increase The cost of goods pass that cost off on the customers Then you're just going to piss off your own customers meaning that may be a bad business move You're allowing your greed to further gouge your customers and as a result that could cost you money Because if you piss off customers and you have, you know, no desire for your goods to be purchased, what happens? That hurts your business So if you want to be a dumbass And increase the cost of goods if your taxes go up and protest that your tax is going up In hopes that maybe your customers will blame government. They're going to blame you They will blame you Trust me about that because I worked in fast food before and also retail But whenever the prices would increase it's always the corporation that gets blamed now people who you know attend these These places they like to voice their grievances with the workers who are making minimum wage and that's not cool You know, it feels bad, but nonetheless, they don't ever say oh, it's the government's fault that you raised taxes No, they're going to blame you So if you think you're going to be able to scapegoat government because you're too greedy because your taxes went up That's just a dumb dumb argument to make and it's not fooling anyone Now he also said, you know, the communist party that's now parading as the democratic party has got to stop with this nonsense We have a capitalist system free markets and they've got to come to grips with that Okay, so i've got multiple things to say about that. First of all, um, define communism Because I bet that like 99 of the boomers who casually throw around the word Communism, he would not be able to describe it. Second of all, bernie sanders is a social democrat He believes in a mixed economy. So to a degree. He is a capitalist to the extent that he prefers socialism to capitalism is irrelevant He is in part a capitalist. He's not a communist He's not even a true democratic socialist if you look up the definition of that word So that's just pure mongering that is useless. Second of all by throwing up your hands and saying, you know what? This is just how capitalism works get used to it peasants You're not helping to build your case You're just admitting that capitalism is fatally flawed And you're confirming that we need to overthrow that exploitative and predatory economic system So if you think that that's actually going to convince people that capitalism is good by saying this is how capitalism works Well, when we see how shittily it's working and how it benefits people like you and not us You're just helping to drive down support for capitalism. So keep it up because this person clearly, uh He doesn't know what he's talking about and he's just lashing out Like he's mad that bernie is going to raise corporate taxes and institute a wealth tax and he doesn't like that period Now another elite a crybaby billionaire more specifically named ken langone Who was one of the founders of home depot? Worth an estimated four billion dollars made it clear that he's not too happy about this bernie sanders guy And he should probably cut the malarkey Sanders the other day said the u.s. Should not have billionaires No more billionaires they're shooting now. There are an increase in number of billionaires in china So is that what we want? Do we want all the money to go to china and the billionaires? And you said two cents Let me just say what this is because elizabeth warren is making a point of that she says it's a modest tax It's two cents on every dollar over 50 million dollars in net worth She says it goes up to three cents on anybody who has a billion dollars People are calling that confiscation It's on wealth. It's not income. Let's go back to bernie sanders for a minute Oh, and here's bernie sanders. What the hell is he done? For the little people what jobs is he creating? He has bernie sanders press release Sanders plan would increase taxes on greedy companies That's the press release. He says greedy companies. Go ahead. Look Bernie author and I and pat barris started Home Depot 41 years ago We have over almost 500,000 people gainfully employed in that company today all Providing for their families all building the states. We have 3,000 kids that started with us in the parking lot That's the entry level They're still with us and they're multimillionaires today. Wow It changed so many people's lives and they changed our lives. It was a it was a symbiotic thing Bernie Stop being a blowhard Show us give us examples. You go for a job and you're going to interview for a job Tell me your qualifications. Tell me what show me your experience in life where you've done this or that or the other thing At least i'll be able to say he's been there. He's done that he can help I don't know what any of that means That end grant they're made zero cents completely incoherent This individual is evidence that if you're a billionaire, you know, that doesn't necessarily mean that you will automatically be smart There's a lot of really dumb rich people Donald trump is you know, probably the quintessential example of that But this guy wasn't making much sense there either He was basically just creating word salad because he was Visibly disturbed at the fact that bernie sanders wants to impose a wealth tax on someone like him Who has the net worth of four billion dollars to see him cry? Oh, it just felt so good to watch that I loved it now the host at the beginning of that clip She said people are calling that confiscation a wealth tax. It's on wealth not income now You can call that Confiscation and I'd be fine if you agree to also call the exploitation of workers by billionaires Confiscation as well because if ken langone did not exploit home depots workers He would not have amassed the wealth that he has that in and of itself is a form of confiscation He did not adequately compensate them for their labor because if he did he wouldn't be worth 4.4 billion dollars Now he also says what has bernie sanders done for the little people what jobs has he created And the way that basically they measure your worth as a human being is how many jobs you created Did you create one job? 10 jobs 10,000 jobs. That's how They view, you know your worth as a human being That's the only way that you can possibly contribute to society never mind the fact That bernie sanders has single-handedly Elevated the issue of single payer medicare for all to a national Level never mind the fact that bernie sanders got thousands of amazon employees and whole foods workers Raises unilaterally just by putting pressure on amazon Like the only way bernie sanders would be worth a damn in this guy's mind Is if bernie sanders was a business owner I mean these people are so one-dimensional They're such one-trick ponies and it's evident that they don't really have an argument against bernie sanders And they know that the way that they argue against the wealth tax makes it seem as if they have this Sort of a fuck you I got mine mentality, so they can't just come out and say Don't you dare take my wealth? What are you talking about? They have to be able to code that and really veil it In some other language that makes it seem as if they don't actually care about their wealth They just care about bernie sanders being antagonistic towards people in this country that are elites He wants to take their wealth and it's because maybe he's economically illiterate Maybe it's because he doesn't understand the value of creating jobs Well, all of that is wrong and here's what I say to these billionaires who are whining about bernie sanders wealth tax Keep crying bitch because your tears are absolutely delicious And when we actually do come for your wealth, excuse me come for our wealth because let me remind you They stole that wealth from you. Nobody can actually earn a billion dollars. They take that money. That's confiscation So when we actually do take back what is rightfully ours You're just making it that much sweeter and i'm going to save these videos so I can come back and watch them Because uh, this is going to be glorious when we take your wealth I'm going to be so excited and of course I will rub it in I will gloat I will at you on twitter because I like seeing you cry There's nothing that makes me happier than seeing a billionaire miserable and that comes from a humanist Who's against human suffering, but I'll make an exception when it comes to wealth and these billionaires You could support the humanist report at patreon.com Slashed humanist report But trust me I'd have way more supporters at patreon if that was my podcast said