About This Video
On August 9th, 2011, while conducting an economic news panel, host Dylan Ratigan blew up.
While Republican panelist Susan and Democratic guest Karen were arguing over a four trillion dollar spending cut, Ratigan stepped forward in a tell-it-like-it-is moment rarely seen on network television.
Dylan: What are you talking about $4 trillion?
Karen: $4 trillion, Iím sayingÖ
Dylan: We owe $70 trillion. a $4 trillion solution, which is basically just a way for the Democrats to avoid dealing with this until 2017.
Iím not here to talk about plans to deal with this till 2017. Iím saying weíve got a real problem, and Iím tired of Republicans and Democrats who either want Ė Republicans who want to burn the place to the ground and Democrats, with all due respect, 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 itís 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 theyíre behaving, it 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 arenít doing it, Republicans are not 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.
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