This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
Norway: Trump a 'pure sociopath', Paul Ryan 'despicable' – Jeffrey Sachs lays into US 'dark money'05:19

Norway: Trump a 'pure sociopath', Paul Ryan 'despicable' – Jeffrey Sachs lays into US 'dark money'

Norway, Trondheim
June 21, 2017 at 17:46 GMT +00:00 · Published

Economist and director of The Earth Institute at Columbia University Jeffrey Sachs took apart the topic of US 'dark money' during a presentation at Starmus Festival in Trondheim, Wednesday, taking aim at the relationship between the US President Donald Trump, several other high ranking US officials and businessmen, and the oil and gas industry.

"We do not have a functioning democracy except in formal terms,” stated Sachs during his lecture entitled 'How we can survive Trump, Climate Change and other Global Crisis?', “it's the proverbial top one percent of the one percent that is really driving American politics.”

The US economist hit out at Trump, Speaker of the US House of Representatives Paul Ryan, and the high-profile US businessmen Charles and David Koch, listing how the influential US figures were using their power to circumnavigate climate change legislation for personal profit.

“The two top vectors are the Koch brothers. Charles and David Koch between the two of them have a net worth of 96 billion dollars. They're net worth in a low carbon world is maybe a tenth or a hundredth of that depending on when they bail out. They know it. They’re spending a lot of money, dark money to keep in control.”

“And they have that happy gentlemen [Trump] on the bottom, he does what they tell him to do, that's fine, don't take it to seriously, this is not a Trump decision, this a corruption of the American political system,” Sachs added.

Turning to the effect that the so-called oil and gas lobby has on climate change, Sachs stated that “Everywhere that I travel for the United Nations is in climate crisis right now.”

However, the economist ended his speech on a positive note, saying that despite the “big money racket” in US politics, “The world does belong to us, it does not belong to the Koch brothers, we have no place for this kind of corruption and misuse of the system.”

“Do not give up on the American people. They know it’s wrong too, but we have a fight on our hands and we're going to win.”

Sachs was speaking at the fourth Starmus Festival, which celebrates astronomy, space exploration, chemistry, physics, art and medicine, running from June 18 until June 23.

Norway: Trump a 'pure sociopath', Paul Ryan 'despicable' – Jeffrey Sachs lays into US 'dark money'05:19
No Account? Sign up!
Description

Economist and director of The Earth Institute at Columbia University Jeffrey Sachs took apart the topic of US 'dark money' during a presentation at Starmus Festival in Trondheim, Wednesday, taking aim at the relationship between the US President Donald Trump, several other high ranking US officials and businessmen, and the oil and gas industry.

"We do not have a functioning democracy except in formal terms,” stated Sachs during his lecture entitled 'How we can survive Trump, Climate Change and other Global Crisis?', “it's the proverbial top one percent of the one percent that is really driving American politics.”

The US economist hit out at Trump, Speaker of the US House of Representatives Paul Ryan, and the high-profile US businessmen Charles and David Koch, listing how the influential US figures were using their power to circumnavigate climate change legislation for personal profit.

“The two top vectors are the Koch brothers. Charles and David Koch between the two of them have a net worth of 96 billion dollars. They're net worth in a low carbon world is maybe a tenth or a hundredth of that depending on when they bail out. They know it. They’re spending a lot of money, dark money to keep in control.”

“And they have that happy gentlemen [Trump] on the bottom, he does what they tell him to do, that's fine, don't take it to seriously, this is not a Trump decision, this a corruption of the American political system,” Sachs added.

Turning to the effect that the so-called oil and gas lobby has on climate change, Sachs stated that “Everywhere that I travel for the United Nations is in climate crisis right now.”

However, the economist ended his speech on a positive note, saying that despite the “big money racket” in US politics, “The world does belong to us, it does not belong to the Koch brothers, we have no place for this kind of corruption and misuse of the system.”

“Do not give up on the American people. They know it’s wrong too, but we have a fight on our hands and we're going to win.”

Sachs was speaking at the fourth Starmus Festival, which celebrates astronomy, space exploration, chemistry, physics, art and medicine, running from June 18 until June 23.

Top downloads in last 24 hours
04:42
12th century Hammam discovered during Seville bar renovation12th century Hammam discovered during Seville bar renovation
February 26, 2021 at 11:38 GMT +00:00
Pool for subscribers only
00:44
Syria: *STILLS* capture aftermath of US airstrikes on purported Iranian-backed militiaSyria: *STILLS* capture aftermath of US airstrikes on purported Iranian-backed militia
February 26, 2021 at 15:13 GMT +00:00
03:08
State of Palestine: Tensions as Hebron marks 27 years since Ibrahimi Mosque massacreState of Palestine: Tensions as Hebron marks 27 years since Ibrahimi Mosque massacre
February 26, 2021 at 17:24 GMT +00:00
00:44
USA: Massive industrial fire in Compton blackens LA skyUSA: Massive industrial fire in Compton blackens LA sky
February 26, 2021 at 19:04 GMT +00:00
04:32
'My Pet Alpaca' brings fluffy friends to your door to fight the pandemic blues'My Pet Alpaca' brings fluffy friends to your door to fight the pandemic blues
February 25, 2021 at 19:40 GMT +00:00
02:23
Iraq: Pope to hold inter-religious service at ancient Mesopotamian site of Ur *DRONE FOOTAGE*Iraq: Pope to hold inter-religious service at ancient Mesopotamian site of Ur *DRONE FOOTAGE*
February 26, 2021 at 14:46 GMT +00:00
Pool for subscribers only
00:36
Russian diplomats return home from North Korea on self-propelled handcarRussian diplomats return home from North Korea on self-propelled handcar
February 25, 2021 at 21:39 GMT +00:00
02:58
Belgium: Maradona's Porsche 964 up for sale at Bonhams auctionBelgium: Maradona's Porsche 964 up for sale at Bonhams auction
February 26, 2021 at 12:28 GMT +00:00
Pool for subscribers only
00:33
USA: Biden forgets face mask as he leaves presserUSA: Biden forgets face mask as he leaves presser
February 26, 2021 at 07:45 GMT +00:00
02:56
Iraq: Police clash with protesters demanding resignation of governor in NasiyirahIraq: Police clash with protesters demanding resignation of governor in Nasiyirah
February 25, 2021 at 00:04 GMT +00:00
01:22
Kazakhstan: Flamingos unexpectedly land on Karakol Lake in winter Kazakhstan: Flamingos unexpectedly land on Karakol Lake in winter
February 26, 2021 at 21:17 GMT +00:00
02:47
Armenia: Pashinyan tells military to do its job after ‘attempted coup’Armenia: Pashinyan tells military to do its job after ‘attempted coup’
February 25, 2021 at 16:08 GMT +00:00
01:28
Armenia: Protesters camp outside parliament, demand Pashinyan’s resignation Armenia: Protesters camp outside parliament, demand Pashinyan’s resignation
February 26, 2021 at 12:49 GMT +00:00
Pool for subscribers only
02:28
Russia: Moscow ‘strongly condemns’ US air strikes in Syria - ZakharovaRussia: Moscow ‘strongly condemns’ US air strikes in Syria - Zakharova
February 26, 2021 at 12:33 GMT +00:00
01:53
Armenia: Drone footage captures anti-Pashinyan protest in YerevanArmenia: Drone footage captures anti-Pashinyan protest in Yerevan
February 26, 2021 at 21:44 GMT +00:00
01:39
Armenia: Yerevan protests continue into night with tents set up in front of parliamentArmenia: Yerevan protests continue into night with tents set up in front of parliament
February 25, 2021 at 22:05 GMT +00:00
02:58
Meet Sofia, the 7 y/o powerlifter from Yekaterinburg shifting expectations with easeMeet Sofia, the 7 y/o powerlifter from Yekaterinburg shifting expectations with ease
February 26, 2021 at 12:01 GMT +00:00
04:29
Want a new house? New York company can now print it for you in just two days!Want a new house? New York company can now print it for you in just two days!
February 26, 2021 at 15:03 GMT +00:00
00:25
Russia: Military vehicle involved in mass rear-end collision near MoscowRussia: Military vehicle involved in mass rear-end collision near Moscow
February 26, 2021 at 08:16 GMT +00:00
04:56
World's 'largest art canvas' to be auctioned-off for charity in DubaiWorld's 'largest art canvas' to be auctioned-off for charity in Dubai
February 26, 2021 at 09:09 GMT +00:00
Pool for subscribers only
04:42
USA: 'This is not a time to relax' - Biden on 50 millionth COVID-19 vaccine shot administrationUSA: 'This is not a time to relax' - Biden on 50 millionth COVID-19 vaccine shot administration
February 25, 2021 at 23:38 GMT +00:00
Pool for subscribers only
02:56
Russia: US warned us only minutes before air strikes in Syria - LavrovRussia: US warned us only minutes before air strikes in Syria - Lavrov
February 26, 2021 at 14:06 GMT +00:00
02:59
USA: Golden statue of Trump greets attendees at CPAC conference in OrlandoUSA: Golden statue of Trump greets attendees at CPAC conference in Orlando
February 27, 2021 at 02:18 GMT +00:00
04:34
Chinese eagle-eyed slingshot master hits water droplets from distanceChinese eagle-eyed slingshot master hits water droplets from distance
February 26, 2021 at 14:35 GMT +00:00
View all videos