1 00:00:00,000 --> 00:00:03,465 [PIANO MUSIC] 2 00:00:03,465 --> 00:00:04,950 3 00:00:04,950 --> 00:00:06,220 AMANDA TERKEL: OK, Senator. 4 00:00:06,220 --> 00:00:09,270 So I wanted to ask you a little bit about agribusiness. 5 00:00:09,270 --> 00:00:11,940 And corporate consolidation, vertical integration, 6 00:00:11,940 --> 00:00:13,920 are something that's a concern to a lot of family farmers 7 00:00:13,920 --> 00:00:14,720 out here. 8 00:00:14,720 --> 00:00:16,600 In the poultry industry, the top three companies 9 00:00:16,600 --> 00:00:18,360 own 90% of the market. 10 00:00:18,360 --> 00:00:22,020 Walmart has built a huge milk processing facility in Indiana. 11 00:00:22,020 --> 00:00:23,580 What do you propose to do about this? 12 00:00:23,580 --> 00:00:24,780 BERNIE SANDERS: Whether it's dairy-- 13 00:00:24,780 --> 00:00:27,295 I come from a dairy state-- increasing concentration 14 00:00:27,295 --> 00:00:28,095 is true in pork. 15 00:00:28,095 --> 00:00:29,395 It's true in beef. 16 00:00:29,395 --> 00:00:30,800 It's true in chicken. 17 00:00:30,800 --> 00:00:32,497 It's true in soybeans. 18 00:00:32,497 --> 00:00:33,930 And the answer is, you gotta break them up. 19 00:00:33,930 --> 00:00:39,060 Look, we have not enforced antitrust legislation 20 00:00:39,060 --> 00:00:40,660 for a very, very long time. 21 00:00:40,660 --> 00:00:43,200 So in almost every sector of American society-- 22 00:00:43,200 --> 00:00:45,540 agriculture, Wall Street, et cetera-- 23 00:00:45,540 --> 00:00:48,420 you're seeing fewer and fewer large corporations 24 00:00:48,420 --> 00:00:49,440 dominate the sector. 25 00:00:49,440 --> 00:00:51,840 That means higher prices, less competition. 26 00:00:51,840 --> 00:00:54,450 And it hurts consumers, and it hurts the real people 27 00:00:54,450 --> 00:00:55,380 who do the work-- 28 00:00:55,380 --> 00:00:56,300 in this case, farmers. 29 00:00:56,300 --> 00:00:59,320 So the answer is vigorous antitrust legislation. 30 00:00:59,320 --> 00:01:00,560 Break them up. AMANDA TERKEL: And how-- 31 00:01:00,560 --> 00:01:02,400 I mean, it seems like you're going to get a lot 32 00:01:02,400 --> 00:01:04,723 of industry pushback on this. 33 00:01:04,723 --> 00:01:06,190 How would-- how would you go about doing it? 34 00:01:06,190 --> 00:01:09,540 BERNIE SANDERS: Look, amid everything that I am proposing, 35 00:01:09,540 --> 00:01:12,780 whether it's breaking up the large banks on Wall Street 36 00:01:12,780 --> 00:01:16,860 or moving to a "Medicare for all," single-payer system 37 00:01:16,860 --> 00:01:19,380 or lowering prescription drug costs in this country, 38 00:01:19,380 --> 00:01:21,240 we're taking on every powerful special interest. 39 00:01:21,240 --> 00:01:23,370 So why should I not be shocked that we're going to take 40 00:01:23,370 --> 00:01:25,140 on agribusiness as well? 41 00:01:25,140 --> 00:01:28,560 I come from a state where agriculture is very important. 42 00:01:28,560 --> 00:01:29,970 It's mostly dairy, but we have a number 43 00:01:29,970 --> 00:01:32,320 of vegetable farmers as well. 44 00:01:32,320 --> 00:01:34,440 And what I have seen in the state of Vermont, 45 00:01:34,440 --> 00:01:36,780 tragically-- really sad-- 46 00:01:36,780 --> 00:01:38,910 the decline of that industry. 47 00:01:38,910 --> 00:01:40,300 Literally every week, another farmer 48 00:01:40,300 --> 00:01:42,000 is going out of business. 49 00:01:42,000 --> 00:01:44,640 Today, farmers cannot-- in most cases, family 50 00:01:44,640 --> 00:01:45,870 farmers cannot make money. 51 00:01:45,870 --> 00:01:48,900 I happen to believe in family-based agriculture. 52 00:01:48,900 --> 00:01:51,700 I happen to believe in rural America. 53 00:01:51,700 --> 00:01:55,110 And we have got to be vigorous in protecting 54 00:01:55,110 --> 00:01:56,343 those-- those concerns. 55 00:01:56,343 --> 00:01:58,110 AMANDA TERKEL: How much does foreign ownership in the 56 00:01:58,110 --> 00:01:59,350 agriculture sector bother you? 57 00:01:59,350 --> 00:02:00,750 BERNIE SANDERS: It bothers me a whole lot, 58 00:02:00,750 --> 00:02:02,490 and I'll tell you why it bothers me. 59 00:02:02,490 --> 00:02:06,630 Above and beyond the issue of consolidation, 60 00:02:06,630 --> 00:02:08,920 I worry about national security issues. 61 00:02:08,920 --> 00:02:09,720 All right? 62 00:02:09,720 --> 00:02:12,490 You know, we don't survive if we don't eat. 63 00:02:12,490 --> 00:02:15,450 And I do not want our agricultural land 64 00:02:15,450 --> 00:02:17,370 to be in the control of people who may not 65 00:02:17,370 --> 00:02:19,275 have the best interests of the United States of America 66 00:02:19,275 --> 00:02:20,140 at heart. 67 00:02:20,140 --> 00:02:21,430 AMANDA TERKEL: So what would you do about that? 68 00:02:21,430 --> 00:02:22,897 BERNIE SANDERS: Well, we could eliminate it. 69 00:02:22,897 --> 00:02:25,630 You know, again, I come from a very, very rural state. 70 00:02:25,630 --> 00:02:28,890 And that means we have to rebuild rural America, which 71 00:02:28,890 --> 00:02:31,500 is now in very serious decline. 72 00:02:31,500 --> 00:02:33,300 You know, life is not just Seattle 73 00:02:33,300 --> 00:02:34,780 and New York City and Chicago. 74 00:02:34,780 --> 00:02:38,880 I've talked to so many people who grew up in rural America, 75 00:02:38,880 --> 00:02:40,020 who grew up on farms. 76 00:02:40,020 --> 00:02:42,810 It is a good life, and we have to rebuild that. 77 00:02:42,810 --> 00:02:44,430 AMANDA TERKEL: And so do you think 78 00:02:44,430 --> 00:02:46,610 there should be a moratorium on agriculture mergers? 79 00:02:46,610 --> 00:02:47,410 BERNIE SANDERS: Yeah. 80 00:02:47,410 --> 00:02:50,370 I mean, I think we've not only got to have that moratorium. 81 00:02:50,370 --> 00:02:51,300 We have to go further. 82 00:02:51,300 --> 00:02:53,940 Now, we have to start breaking them up. 83 00:02:53,940 --> 00:02:57,750 I want to see young people today who, in many cases, 84 00:02:57,750 --> 00:03:00,070 do not want to work on their parents' farm for good reasons. 85 00:03:00,070 --> 00:03:01,170 Their parents have gone bankrupt. 86 00:03:01,170 --> 00:03:02,670 Their parents are not making any money. 87 00:03:02,670 --> 00:03:04,560 They're working seven days a week. 88 00:03:04,560 --> 00:03:08,100 With modern technology, I think we can establish a good life 89 00:03:08,100 --> 00:03:09,750 for people growing food. 90 00:03:09,750 --> 00:03:13,620 And I think, as we talk about health needs in America, 91 00:03:13,620 --> 00:03:15,310 nutritious food is very important, 92 00:03:15,310 --> 00:03:17,130 and I want to see our farmers do that. 93 00:03:17,130 --> 00:03:18,945 I know a lot of-- in Vermont and elsewhere-- people 94 00:03:18,945 --> 00:03:20,640 who are moving toward organic farming. 95 00:03:20,640 --> 00:03:21,900 I think that is a good thing. 96 00:03:21,900 --> 00:03:23,400 AMANDA TERKEL: How do you lower the barriers? 97 00:03:23,400 --> 00:03:25,800 There are young people who wanted to get into agriculture 98 00:03:25,800 --> 00:03:28,317 and into farming, but they felt like-- they had student loans, 99 00:03:28,317 --> 00:03:29,550 and other things were just preventing 100 00:03:29,550 --> 00:03:30,600 them from getting in. 101 00:03:30,600 --> 00:03:31,410 What would you do? 102 00:03:31,410 --> 00:03:33,870 BERNIE SANDERS: I mean, but all of what you're talking about 103 00:03:33,870 --> 00:03:37,260 is showing that one thing relates to everything else. 104 00:03:37,260 --> 00:03:39,210 And right now we have an economy that 105 00:03:39,210 --> 00:03:41,325 works very, very well for the billionaire class 106 00:03:41,325 --> 00:03:42,960 and for the top 1%. 107 00:03:42,960 --> 00:03:45,750 49% of all new income goes to the top 1%. 108 00:03:45,750 --> 00:03:48,750 Three people today are more wealthy than about a half 109 00:03:48,750 --> 00:03:50,550 of the American society. 110 00:03:50,550 --> 00:03:53,460 And if elected president, obviously, my focus 111 00:03:53,460 --> 00:03:57,480 is going to be on rebuilding the middle class of this country 112 00:03:57,480 --> 00:03:59,160 and protecting the needs of working 113 00:03:59,160 --> 00:04:01,560 families who have been just decimated 114 00:04:01,560 --> 00:04:03,240 for the last 40 years. 115 00:04:03,240 --> 00:04:05,640 How do you go into farming if you're paying off, you know, 116 00:04:05,640 --> 00:04:08,100 a $100,000 student loan? 117 00:04:08,100 --> 00:04:10,650 So that is why I believe we're going to make public-- 118 00:04:10,650 --> 00:04:14,100 we must make public colleges and universities tuition-free 119 00:04:14,100 --> 00:04:17,019 and today substantially reduce student debt. 120 00:04:17,019 --> 00:04:19,680 If we can bail out Wall Street, if we give tax breaks 121 00:04:19,680 --> 00:04:21,570 to billionaires, you can substantially 122 00:04:21,570 --> 00:04:24,240 lower student debt, and you can encourage 123 00:04:24,240 --> 00:04:26,010 through a number of other incentives 124 00:04:26,010 --> 00:04:28,760 young people to go into farming. 125 00:04:28,760 --> 00:04:31,680