Bernie Sanders: Oligarchs with endless supplies of money are sending us back to the 1920s
Bernie Sanders speaks to Clarke University in Dubuque, Iowa (Telegraph Herald/screen grab)

Sen. Bernie Sanders (I-VT) warned Monday that billionaires like the Koch brothers were trying to undo major New Deal programs like Social Security -- and had enough money to send the country back to the 1920s.

Noting a recent ABC interview, PBS host Tavis Smiley asked Sanders what was so scary about the Charles and David Koch.

"For the 2016 race, they're saying that they and a few of their friends to spend some $900 million. That is almost as much as Obama or Romney spent in their entire campaigns," he replied.

"But I think these guys who are worth a $100 billion could easily double that amount. It doesn't matter to them. They have an endless supply of money," said Sanders, who is considering a 2016 bid for the White House.

"What people don't know is: What do these guys stand for? What do they want?" Sanders continued. "And the truth is, they are radical right-wing extremists who in the past have made it clear they want to end Social Security, they want to end Medicare, they want to end Medicaid, they want to end public education, they want more tax breaks for the rich and large corporations, they want no limits at all on campaign financing -- they think Citizens United has not gone far enough, and they want to be able to make direct contributions to candidates at every level of government."

"This is a radical right-wing extremist agenda, and if we don't stop them, this country is going to go back to the 1920s, where virtually every piece of legislation that we have passed since FDR has been killed and eliminated, including Social Security."

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