Bernie Sanders: “In this last election, in both parties, billionaires spent…”

“Have the people on top had so much political power. We can't go around the world saying, oh, well, you know, in Russia, Putin has an oligarchy. Well, we got an oligarchy here, too. And In this last election, in both parties, billionaires spent huge amounts of money to elect their candidates. You know, here in the state of Vermont, we believe we have town meetings. One person, one vote. That's democracy, not billionaires buying elections. Those are the issues we got to focus on.” (03:55–04:02)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.