Dylan Ratigan is a television host on MSNBC with rather better-than-typical credentials for reporting on financial news:
Ratigan served as the Global Managing Editor for Corporate Finance at Bloomberg News Service, and before that had covered Mergers and Acquisitions, the U.S. Stock Market and IPOs. At Bloomberg, he co-created and hosted Morning Call for Bloomberg's cable network and the USA Network. He has served as a contributor to ABC News and his articles have appeared in The New York Times, The Washington Post, The Miami Herald and Chicago Tribune.
In this 5-minute rant he expresses in no uncertain terms what he considers to be going on with the American economy:
We’ve got a real problem…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, banking, trade and taxation, created by both parties over a period of two decades is at work on our entire country right now.
It's worth a listen. I'm not the first to compare it to the classic rant by Peter Finch in the movie
Network (posted below this post).
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