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Jesse Jackson on Class Warfare in America

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    Rev. Jesse Jackson reacts to the president’s State of the Union Address.

  • Duration 5:26
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Welcome to follow the money I'm Eric -- what the president talks about everybody getting a fair shake and a fair shot is he really just stirring up class warfare.

Now you can call this class warfare all you want.

But asking a billionaire to pay at least as much as a secretary in Texas.

Most Americans would call that common sense.

Joining me -- rainbow push coalition chairman of reverend Jesse Jackson reverend thank you for joining us are served as he meant.

I -- here in New York to talk about income inequality when the president says things like that doesn't he drive a -- -- drive this -- the divide right through America class warfare at its best.

Tax the wealthy right.

-- the the lamb of Rome and the banks.

Home without proper oversight.

Are -- in the country -- -- the whole and we bail out the banks but not willing to -- them other investments and have been very well but the victims are facing.

Full closures and fifty victims pause a moment and up for the public optional insurance and so interest fees have risen monopolies have increased.

Comes -- have increased.

The bush tax -- extension.

Amount to more -- all of these state budget deficits combined so.

The rich have been subsidized to be even more -- and that you've got people making money off for money so that that was there that that that.

That it -- they get an income gap is real and must be closed.

Reverend need to -- start of the banks who talk about the -- little bit and he said they drove the economy into the ground but frankly wasn't it -- He the Democrats in in the in the house and the senate.

During the explosion of of mortgage.

Proliferation was -- that what cause the banking crisis.

-- -- -- lack of oversight and reasonable factors than it.

That we need to go up from these banks.

Made money off of it all from the initially in the loaned them in my about the problem over insurance the mid month all for the full folksonomy month over the -- -- Then they'll stop making money.

And and and the banks of -- -- fact purchase in the fellow politicians.

Was a big -- that degree fact that and I'm back you pick on the glass feeling blue glass ceiling best feeling.

And they can -- investment in the same the truth is investing -- lending that was something from it lend them deficit banks had to admit -- -- stealing clustered.

Blacks into sub prime and printer -- And -- -- cut rather than it had performed better talk to I think -- had this -- -- allows you said the banks had to admit that they steered.

The black community into buying homes and their lawful they lost the lawsuit about a month ago where countrywide -- -- that.

Still includes a black and brown -- and -- that this that the eviction and the pulpit of the support that.

And and all of that.

Did the -- -- The -- -- I think that the the bankruptcy.

His base -- also -- -- this flat out discrimination are certain that let us move on a little bit some Newt Gingrich took a lot of heat.

For for calling the president of the new the food stamp present take a listen -- Be very clear and again this makes some of the elite media nervous.

President Obama has been historically.

Beat most effective food stamp president in American history.

He took a -- for the some would call that racially tinged remarks but you know -- on CNN it's -- that your statement.

The man that has presided over the biggest proliferation of food stamps of that of any president in history of America.

The biggest -- we -- W me lose even a thousand jobs a month.

Those people then moved -- home bedroom apartment add to that public sector loss of jobs they have footsteps now -- 2004 lamps that white.

And -- -- black and -- and the funeral.

And so is not a blood program that is that the basic image -- awful isn't there there is where and the problem here you say it's not a black program I agree with you it's not.

We'll know that that's the best of double meaning that and -- -- can be you can read the double meaning the growth of -- who benefits from a first but if for the farmers to market.

And for the truck goes and the White House and the stores and those who work along that -- and those again and so a lot of income for the benefit from having full steps when you.

Need food supplement -- got to the premiere in America's for the sukuk that three million.

For the -- and -- and for the full middle forceps.

Because they Andrew dire circumstances.

So they suddenly looked -- the somehow on the word that people it's not fair how's Obama doing.

I think overall is doing very well I think he remains -- very redemptive force my country.

-- finally get some real dog you have a congress in rebellion.

All Weathers because of this that the -- lives there's -- job is not jobs is to remove view.

You've got both on the on the ship willing to -- this ship just to get the captain.

And that's an ideological battle that's not just a little of that movement that is we believe in states' rights states' sovereign you believe -- more perfect union.

And it -- -- have in the civil law all over again on the previously.

So we'll leave it there and let you go you've come from my hometown Chicago house around men that you -- -- -- -- been very well.

Like amendment -- -- image elect is about the relative.

And of course -- mostly as his -- with the treasuries it.

The service demands are increasing.

Resource of the Christian mission be in the -- -- affinity as of her odd jobs as yes thank you very much from -- and the blue angels are very well in the -- calls.

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