… not vote to give huge tax breaks to billionaires, but by cutting Medicaid and other programs that working families desperately need. So, yes, let me be very honest with you. The oligarchs are enormously powerful. No ifs, buts, and maybes. They have endless amounts of money. They control our economy. They own much of the media, and they have enormous influence over our political system. But from the bottom of my heart, I am convinced that if we are smart and if we are well organized, they can be defeated. (11:43–12:01)
CLAIM
Asserts that oligarchs have significant power, wealth, and influence over the economy, media, and political system.
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.