Mad As Hell – Dylan Ratigan

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Dylan Ratigan joined by  Susan del Percio, Jimmy WIlliams and Karen Finney.

From 1:50
DR: Susan, is there any way that any president or any congressmen can intervene with the problem that we have right now . . . in this political system can a leader address these issue considering how dependent they are for funding for political campaigns from the banks, from the international trade organizations and from those who benefit from those tax loopholes that he or she would have to close.

SP: . . . it isn’t going to come from congress, it’s not going to come from an individual congress member of house of representative or US senator.  . . . Who does it fall on?  If falls on the executive. It falls on the president.  . . . since refusing to even say where he stood on the public option when he came into elected office has not lead this country. . . but he has been a complete and utter failure and disappointment to this country.

KF: Wait a second, it is congress who holds the power of the purse and I am going to get back to Dylan’s question, this president was willing to put on the table a big deal and who didn’t get the votes, John Boehner, Congress.

DR: What are you talking about?  Four trillion dollars.  We owe 70 trillion dollars . . . walking out a four trillion dollar solution which is basically just a way to get the democrats to avoid dealing with this until 2017.  I am not here to talk about plans to talk about this till 2017, I am saying we have got a real problem and I am tired of republicans and democrats who either want – republicans who want to burn the place to the ground and democrats . . . who want to offer a plan that gets it through the end of their second term of their presidency and then screws me and my kids when it’s over.  And until we do that we have to deal with the extraction that is at foot.  It is the reason the financial markets are behaving the way they are behaving.  That is a mathematical fact.  This is not some opinion.  This is a mathematical fact.  Tens of trillions of dollars are being extracted from the United States of America.  Democrats aren’t doing it, Republicans aren’t doing it.  An entire integrated system; financial system, trading system, taxing system that was created by both parties over a period of two decades is at work on our entire country right now.  And we’re sitting here arguing about whether or not we should do the four trillion dollar plan that kicks the can down the road for the president for 2017 or the burn the place to the ground.  Both of which are reckless, irresponsible and stupid.  And the fact of the matter is until we actually . . . and i am sorry to lose my temper . . . I have been coming on TV for three years doing this and the fact of the matter is there is a refusal on both the democratic and republican side of isle to acknowledge the mathematical problem which is the USA is being extracted.  It’s being extracted through banking.  It’s being extracted through trade.  And it’s being extracted trough taxation.  And there’s not a single politician that has stepped forward, Susan, to deal with it.

SP: . . . the president of the United States is arguably one of the most powerful individuals we have out there . . .

KF: Susan, what you are saying is exactly the point that Dylan is making.  It’s not about one guy, it’s about all of them . . .

SP: No, I actually disagree.  I think Dylan is saying it is about one guy . . .

KF: What is one guy going to do?

DR: I agree with her (Susan).  It is about one guy.

KF: What would you like him to do?  Tell me what you want him to do?

DR: I would like him to go to the people of the USA and say, people of the USA, your congress is bought.  Your congress is incapable of making legislation on healthcare, banking, trade or taxes.  Because if they do it they will lose their political funding and they won’t do it.  But I am the president of the USA and I won’t have a country that is run by a bought congress so I am not going to work with a bought congress and try to be mister big guy “I’m working with a bought congress”, I am going to abandon the bought congress like Teddy Roosevelt did and I am gonna to go to the people of the United States and say “you’ve got a bought congress” and until we get rid of the bought congress which is Jimmy Williams constant point which is get the money out of politics.  And until the president says that’s the problem and says he is going to fix it there is no policy that I can possibly see no matter how brilliant your idea might be or your idea or my idea or her idea or your idea at home . . . that idea will not happen as long as there is the capacity to basically fire a politician who disagrees with me by taking funding away from him.  Is that a fair assessment?

JW: Money in politics is the root of all political evil.  It is corruption at its worst.  And until we step up and kick that out of the park it’s going to be the same system all the way.

DR: And only the president can do that.

JW: No, no, no, congress has to do it too.

DR: But I will tell you what – How bad does it have to get?  How much money has to be extracted?  How many things have to be hurt?

KF: . . . ok, physically what do you do?

DR: You go and give a speech, right now.  Tomorrow you begin the process of actually investing and solving the problem.  . . . I create an infrastructure bank with 2 percent lending, immediately.  Once I explain to people the problem – Once I explain to you that you have cancer – Once you understand how screwed up your trade, tax and banking policies are believe me you will have no issue when I incorporate an infrastructure bank that I fund with repatriated offshore money that I bring in and then use to create 2 percent direct lending to every business in America – Because when you realize that the banking system is fully corrupt and defrauding us and I come out and say that which is what I want my president to do.  At that exact moment I say “you know what, we got a screwed up situation here people, you all know it and now I am going to admit it.  As a result not only have I admitted it but we’re going to begin the process of solving it like grown-ups.  They did it world war two, they did it after the civil war, they did in Latin America with the Brady Bonds, we are not seeing it happen now.