Sanders: ‘Absolutely True’ GE Is Destroy America’s Moral Fabric

SANDERS: "It wasn’t just that — you know, it was talking about the greed of corporate America, including General Electric. And what I was saying, which is absolutely true, is, you have a large multinational corporation that was in a sense born and raised right here in the United States, I think in Schenectady, in New York, as a matter of fact. And here is a corporation that has shut down plants all over this country, moved to countries where they could find the cheapest possible labor. In fact, the guy who was head of General Electric before Jeff Immelt, he basically said that, you know, he’d like to see his manufacturing plants on a barge, so they could move to the cheapest labor. They have, in a given year, paid nothing in federal income taxes. You know, they are part of lobbying efforts in Washington to protect the interests of the wealthy, yes. So, I think my comment was valid."