Oct 31, 2020 • 1HR 31M

Traitors to Their Class

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Appears in this episode

Ralph Nader
Ralph Nader talks about what’s happening in America, what’s happening around the world, and most importantly what’s happening underneath it all.
Episode details

Ralph welcomes Morris Pearl, chairman if Patriotic Millionaires, an organization of high-net worth Americans, business leaders, and investors who think the country would be more politically stable and businesses more profitable if they raised their own taxes. And our resident constitutional scholar, Bruce Fein, returns to tick off fourteen reasons why Donald Trump is a clear and present danger and should resign immediately.

Morris Pearl serves as Chair of the Patriotic Millionaires, a group of hundreds of high-net-worth Americans that focuses on promoting public policy solutions that encourage political equality, guarantee a sustaining wage for working Americans, and ensure that millionaires, billionaires and corporations pay their fair share of taxes. Mr. Pearl used to be a managing director at BlackRock, one of the largest investment firms in the world. He retired to work for Patriotic Millionaires full time. Patriotic Millionaires has a book coming on in April of 2021 called Tax the Rich: How Lies, Loopholes, and Lobbyists Make the Rich Even Richer and What to Do About It.

“It’s not good for (rich people), either to have this gross inequality. We can’t invest in businesses and make money in a country with a few rich people and lots of poor people. We need that huge middle class that made America what it is for decades and decades. And we’re afraid that things are changing and moving in the wrong direction. People are marching in the streets and people are angry. I’m old enough to have seen this play out in South Africa in the 70s and 80s. And that did not end well for the rich people.”

Morris Pearl, Chair of Patriotic Millionaires

“Somehow, the Republicans have made up this crazy story that they have to make a choice between paying taxes or paying salaries, and if we raise their taxes we have to lower their salaries. And that’s simply the most ridiculous idea I’ve heard of, but somehow people believe it. Taxes are only calculated on profits. Profits are calculated after payroll is deducted. And so, it doesn’t make any sense at all.”

Morris Pearl, Chair of Patriotic Millionaires

Bruce Fein is a Constitutional scholar, who was Associate Deputy Attorney General under Ronald Reagan. Mr. Fein has been a visiting Fellow for Constitutional Studies at the Heritage Foundation and an adjunct scholar at American Enterprise Institute. He has advised numerous countries on constitutional reform, including South Africa, Hungary and Russia. He is the author of Constitutional Peril: The Life and Death Struggle for Our Constitution and Democracy, and American Empire: Before the Fall.

“It’s like a soft coup d’état. [Donald Trump has] basically transformed the country from a Republic into something indistinguishable from the British monarchy in 1776. Limitless power. The King can do no wrong.”

Bruce Fein, author of Constitutional Peril: The Life and Death Struggle for Our Constitution and Democracy

“Americans can’t wait ‘till January 20, because [Donald Trump] can wreck the country in the interregnum.”

Ralph Nader

Ralph Nader Radio Hour Ep 347 Transcript
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