--- title: "Meaning & Key Takeaway of: You know, I think many people have the…" description: "\"You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wa..." image: "https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg" --- # You know, I think many people have the mistaken impression… ![“You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wall Street regulates the Congress.” quote by Bernie Sanders](https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg) [Download](https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg) [Open image](https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg) > “You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wall Street regulates the Congress.” [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The belief that Congress controls financial markets is wrong; instead, financial interests shape legislative actions. **In simple terms:** Wall Street influences Congress more than the reverse. Key Takeaway Recognize and address financial lobbying power. Themes politics economics power influence Mood critical concerned Type political analytical When to use this quote - policy making - voting decisions - activism - media analysis Key Concepts regulatory capture campaign finance elite interests Questions to Reflect On - How does money shape lawmaking? - What can citizens do to counteract influence? A Different Perspective Financial power can be opaque and resistant to reform. ★ ★ ★ ★ ★ No ratings yet [Congress](https://sms4smile.com/quotes/about/congress/) [People](https://sms4smile.com/quotes/about/people/) [Real truth](https://sms4smile.com/quotes/about/real-truth/) [Street](https://sms4smile.com/quotes/about/street/) [Streets](https://sms4smile.com/quotes/about/streets/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Truth](https://sms4smile.com/quotes/about/truth/) [Wall](https://sms4smile.com/quotes/about/wall/) [Wall St](https://sms4smile.com/quotes/about/wall-st/) [Wall street](https://sms4smile.com/quotes/about/wall-street/) ## Related quotes > [Congress doesn't regulate Wall Street. Wall Street regulates Congress.](https://sms4smile.com/quotes/bernie-sanders/congress-doesn-t-regulate-wall-street-wall-street-regulates-congress/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Wall Street is perhaps the most powerful economic and political force in this country. You have companies like Goldman Sachs, who just recently paid…](https://sms4smile.com/quotes/bernie-sanders/wall-street-is-perhaps-the-most-powerful-economic-and-political-force/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [It is time we had democratic socialism for working families, not just Wall Street billionaires.](https://sms4smile.com/quotes/bernie-sanders/it-is-time-we-had-democratic-socialism-for-working-families-not-just/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [ What we are doing in this campaign \[2016\], it just blows my mind every day because I see it clearly, we're taking on not… ](https://sms4smile.com/quotes/bernie-sanders/what-we-are-doing-in-this-campaign-2016-it-just-blows-my-mind-every/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [If you take donations from Wall Street, you can't be independent.](https://sms4smile.com/quotes/bernie-sanders/if-you-take-donations-from-wall-street-you-can-t-be-independent/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I love jazz because it's so American; you know it's our Only Original Art Form. It just goes against the greed of corporate America…](https://sms4smile.com/quotes/bernie-sanders/i-love-jazz-because-it-s-so-american-you-know-it-s-our-only-original/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I have supported candidates whose views are very different than mine on the need the break up Wall Street banks, on the war in…](https://sms4smile.com/quotes/bernie-sanders/i-have-supported-candidates-whose-views-are-very-different-than-mine/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [We're going to stand with working people. We're going to take on the billionaire class. We're going the take on the drug companies and…](https://sms4smile.com/quotes/bernie-sanders/we-re-going-to-stand-with-working-people-we-re-going-to-take-on-the/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [When we talk about power, we talk about Wall Street.](https://sms4smile.com/quotes/bernie-sanders/when-we-talk-about-power-we-talk-about-wall-street/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in…](https://sms4smile.com/quotes/bernie-sanders/i-do-believe-that-we-should-substantially-lower-student-debt-in-this/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I very strongly disagreed with President Clinton on the deregulation of Wall Street. I opposed that strenuously.](https://sms4smile.com/quotes/bernie-sanders/i-very-strongly-disagreed-with-president-clinton-on-the-deregulation/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I want to break up the Wall Street banks. Hillary Clinton doesn't. I want to raise the minimum wage to 15 bucks an hour.…](https://sms4smile.com/quotes/bernie-sanders/i-want-to-break-up-the-wall-street-banks-hillary-clinton-doesn-t-i/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Perception is real, truth is not. I'm not fighting for money and possessions. I'm fighting for something more precious. I pray that as we…](https://sms4smile.com/quotes/imelda-marcos/perception-is-real-truth-is-not-i-m-not-fighting-for-money-and/) [Imelda Marcos](https://sms4smile.com/quotes/author/imelda-marcos/) > [“Maybe secrets are only told when you're trying to protect the real truth from coming out.”](https://sms4smile.com/quotes/jill-bialosky/maybe-secrets-are-only-told-when-you-re-trying-to-protect-the-real/) [Jill Bialosky](https://sms4smile.com/quotes/author/jill-bialosky/) ## More by Bernie Sanders > [The rich people are apparently leaving America. They're giving up their citizenship. These great lovers of America who made their money in this country-when…](https://sms4smile.com/quotes/bernie-sanders/the-rich-people-are-apparently-leaving-america-they-re-giving-up/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [As the longest serving Independent in the history of the United States Congress, as somebody who came into office by defeating an incumbent Democratic…](https://sms4smile.com/quotes/bernie-sanders/as-the-longest-serving-independent-in-the-history-of-the-united/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [What we have got to do immediately is to say that racism and xenophobia is totally unacceptable and we will stand with the 1…](https://sms4smile.com/quotes/bernie-sanders/what-we-have-got-to-do-immediately-is-to-say-that-racism-and/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [In 1999, Hoffmann-LaRoche paid a $500 million criminal fine for leading a worldwide conspiracy to fix prices for certain vitamins.](https://sms4smile.com/quotes/bernie-sanders/in-1999-hoffmann-laroche-paid-a-500-million-criminal-fine-for-leading/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [We need a strategy. And the goal is to bring millions of people together.](https://sms4smile.com/quotes/bernie-sanders/we-need-a-strategy-and-the-goal-is-to-bring-millions-of-people/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [We are living at a time where a handful of people have wealth beyond comprehension - huge yachts, jet planes, tens of billions of…](https://sms4smile.com/quotes/bernie-sanders/we-are-living-at-a-time-where-a-handful-of-people-have-wealth-beyond/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [The deficit crisis is real and must be addressed. But it cannot be solved on the backs of the weak and vulnerable.](https://sms4smile.com/quotes/bernie-sanders/the-deficit-crisis-is-real-and-must-be-addressed-but-it-cannot-be/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I want to break up the Wall Street banks. Hillary Clinton doesn't. I want to raise the minimum wage to 15 bucks an hour.…](https://sms4smile.com/quotes/bernie-sanders/i-want-to-break-up-the-wall-street-banks-hillary-clinton-doesn-t-i/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [The Palestinian people's needs must be respected.](https://sms4smile.com/quotes/bernie-sanders/the-palestinian-people-s-needs-must-be-respected/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Hillary Clinton wants to see that all Americans have the right to choose a public option in their health care exchange.](https://sms4smile.com/quotes/bernie-sanders/hillary-clinton-wants-to-see-that-all-americans-have-the-right-to/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [If you want to know if your food contains gluten, aspartame, high fructose corn syrup, trans-fats or MSG, you simply read the ingredients listed…](https://sms4smile.com/quotes/bernie-sanders/if-you-want-to-know-if-your-food-contains-gluten-aspartame-high/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [It reminds me in some ways of the debate taking place in this country and around the world in the late 1930s. There were…](https://sms4smile.com/quotes/bernie-sanders/it-reminds-me-in-some-ways-of-the-debate-taking-place-in-this-country/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I am sure that there are some single payer advocates who think the only thing worth fighting for is single payer.](https://sms4smile.com/quotes/bernie-sanders/i-am-sure-that-there-are-some-single-payer-advocates-who-think-the/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [The case to be made is that we have got to get people involved - continue to get people involved in the political process…](https://sms4smile.com/quotes/bernie-sanders/the-case-to-be-made-is-that-we-have-got-to-get-people-involved/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) [Explore all 853 Bernie Sanders quotes ](https://sms4smile.com/quotes/author/bernie-sanders/) ## More Cases quotes > [The time that one gains cannot be accumulated in a storehouse; it is contradictory to want to save up existence, which, the fact is,…](https://sms4smile.com/quotes/simone-de-beauvoir/the-time-that-one-gains-cannot-be-accumulated-in-a-storehouse-it-is/) [Simone de Beauvoir](https://sms4smile.com/quotes/author/simone-de-beauvoir/) > [It can sometimes make people fold into themselves and kind of run away, but I think in this case these characters are being forced…](https://sms4smile.com/quotes/emily-deschanel/it-can-sometimes-make-people-fold-into-themselves-and-kind-of-run/) [Emily Deschanel](https://sms4smile.com/quotes/author/emily-deschanel/) > [I'd always have grease in at least two places, in case the umpires would ask me to wipe one off. I never wanted to…](https://sms4smile.com/quotes/gaylord-perry/i-d-always-have-grease-in-at-least-two-places-in-case-the-umpires/) [Gaylord Perry](https://sms4smile.com/quotes/author/gaylord-perry/) > [Islam never differentiates between men and women as regards political rights and puts them on an equal footing. However, even if a woman is…](https://sms4smile.com/quotes/yusuf-al-qaradawi/islam-never-differentiates-between-men-and-women-as-regards-political/) [Yusuf al-Qaradawi](https://sms4smile.com/quotes/author/yusuf-al-qaradawi/) > [You gonna take the case?" It's not a case. It's a missing person. Sort of." You're gonna have a devil of a time finding…](https://sms4smile.com/quotes/janet-evanovich/you-gonna-take-the-case-it-s-not-a-case-it-s-a-missing-person-sort-of/) [Janet Evanovich](https://sms4smile.com/quotes/author/janet-evanovich/) > [I think we've all had enough of Coltrane saxophonists. There's a case of someone ruining a generation of saxophonists, as Louis Armstrong may have…](https://sms4smile.com/quotes/paul-bley/i-think-we-ve-all-had-enough-of-coltrane-saxophonists-there-s-a-case/) [Paul Bley](https://sms4smile.com/quotes/author/paul-bley/) > [Every wife ought to answer for her man. If the husband be engaged in a seditious club, or drinks mysterious healths, or be frugal…](https://sms4smile.com/quotes/joseph-addison/every-wife-ought-to-answer-for-her-man-if-the-husband-be-engaged-in-a/) [Joseph Addison](https://sms4smile.com/quotes/author/joseph-addison/) > [The world around us is an increasingly hostile and sinful place. Occasionally that splashes onto us, and perhaps, in the case of a few…](https://sms4smile.com/quotes/jeffrey-r-holland/the-world-around-us-is-an-increasingly-hostile-and-sinful-place/) [Jeffrey R. Holland](https://sms4smile.com/quotes/author/jeffrey-r-holland/) > [If you followed the media you'd think that everybody in Africa was starving to death, and that's not the case; so it's important to…](https://sms4smile.com/quotes/chimamanda-ngozi-adichie/if-you-followed-the-media-you-d-think-that-everybody-in-africa-was/) [Chimamanda Ngozi Adichie](https://sms4smile.com/quotes/author/chimamanda-ngozi-adichie/) > [ \[As in the case of\] alcohol prohibition, illegality has driven organized crime, sent countless people to jail, and killed many thousands. Repression does not… ](https://sms4smile.com/quotes/sam-branson/as-in-the-case-of-alcohol-prohibition-illegality-has-driven-organized/) [Sam Branson](https://sms4smile.com/quotes/author/sam-branson/) > [He emphasised basic truths: you are not dying yet, you have to live your life until you are. Underpinning them was the belief that…](https://sms4smile.com/quotes/irvine-welsh/he-emphasised-basic-truths-you-are-not-dying-yet-you-have-to-live/) [Irvine Welsh](https://sms4smile.com/quotes/author/irvine-welsh/) > [Athletes at all ages are bigger and stronger than ever before. And they are being encouraged - sometimes even incentivized, as we recently learned…](https://sms4smile.com/quotes/naveen-jain/athletes-at-all-ages-are-bigger-and-stronger-than-ever-before-and/) [Naveen Jain](https://sms4smile.com/quotes/author/naveen-jain/) > [Each Act of Parliament intended to address harassment and discrimination has faced objections on the basis of 'you'll never be able to prove...' and…](https://sms4smile.com/quotes/tim-field/each-act-of-parliament-intended-to-address-harassment-and/) [Tim Field](https://sms4smile.com/quotes/author/tim-field/) > [The Cheney team had, for example, technological supremacy over the National Security Council staff. That is to say, they could read their e-mails. I…](https://sms4smile.com/quotes/lawrence-wilkerson/the-cheney-team-had-for-example-technological-supremacy-over-the/) [Lawrence Wilkerson](https://sms4smile.com/quotes/author/lawrence-wilkerson/) > [If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…](https://sms4smile.com/quotes/charlie-munger/if-you-want-good-behavior-don-t-pay-on-a-commission-basis-our-judges/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) Browse all 6,420 Cases quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wall Street regulates the Congress.", "creator": { "@type": "Person", "name": "Bernie Sanders" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/bernie-sanders/you-know-i-think-many-people-have-the-mistaken-impression-that/", "about": { "@type": "Thing", "name": "Cases" }, "@id": "https://sms4smile.com/quotes/bernie-sanders/you-know-i-think-many-people-have-the-mistaken-impression-that/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg", "url": "https://sms4smile.com/quotes/i/5d4/bernie-sanders-233_cases_you-know-i-think-many-people-have-the-mi_2083529.jpg", "width": 1080, "height": 1080, "caption": "“You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth…” — Bernie Sanders", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Bernie Sanders", "item": "https://sms4smile.com/quotes/author/bernie-sanders/" }, { "@type": "ListItem", "position": 4, "name": "You know, I think many people...", "item": "https://sms4smile.com/quotes/bernie-sanders/you-know-i-think-many-people-have-the-mistaken-impression-that/" } ], "@id": "https://sms4smile.com/quotes/bernie-sanders/you-know-i-think-many-people-have-the-mistaken-impression-that/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```