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I'd say he had it right on - as he said in the Western world for the past 20 or 30 years .... stupid F*in Govt, regulators asleep at the wheel, deceitful and corrupt elements and W*kin bankers.
Not only that ... the F"in bailouts .. which the sheeple say saved the world .. well Iceland didn't go the Bailout road and it looks like They are making a recovery
and it is something that Ireland should consider
All those bailouts did was help prop the status quota up for awhile longer and shift even more burden to the future generations.
And I think he had it right on that the bankers are enriching themselves at the expense of working people. Since elected officials, regardless of party, get their money from bankers and other executives, they are part of the same class warfare that favors the Boardroom at the expense of employees.
And as we have seen, if you lay off enough workers, consumer spending plunges and you get Recession.
And of course your Tea Party has taken this pro-Management, anti-everyone else concept to extremes. Get rid of all laws, regulations, and enforcement of business and business will succeed, or at least the current crop of managers will profit, at the expense of everyone else.
You can't blame any one party for this .. though I just knew you would say it was the GOP or conservatives fault .. criminy .. especially the tea party which hasn't had any political clout until the last 6 months with no legislators, unless if you count Ron Paul. Your time for a change president is a corporatist elite selling out to the bankers and Wall Street just like the last several presidents. Under your time for a change president - the rich have managed to become richer ... with your rational .. how could that be 
Did you even grasp how the regulators have been asleep at the wheel'?? The current political establishment - the two parties are the same has been stealing and hiding this fact for the last couple of generations. Apparently they have fooled you and so many others .. it is easy when you have bought off the main stream media as well as endorse a us vs them (red vs blue) mentality.
Yeah, Big T, I agree with what you say, Obama has gone over to the same policies as his four previous predecessors.
The Tea Party nutjobs who are screaming about what he is doing want to do the same, only more so.
The whole debate has become coke vs pepsi, only with a double-downed intensity.
The significance of the Tea Party is that the majority of the people are getting pissed off at the way that things have been handled and they became vocal about it and raised significant issues.. the conservatives got fed up first apparently .. now the left will have to do the same. I just want some third party alternatives - that is the only way that the two main parties will adapt or change. As you said, Coke or Pepsi .. does RC Cola or the generic brand have a chance .. shoot it tastes about the same .. for about 1/3 the cost and makes more sen$e. The rich greedy bastards will of course line the pockets of whomever they can to get what they need - that has been happening for millenniums. Has the Tea Party been taken over by the same folks who ran the GOP .. time will tell. We know the left has been bought out by Wall Street - they are no longer or have been for quite some time the party for the people.
Not taht I agreed with everything that Ralph Nader stood for .. but i like his stance on a lot of things.. same thing goes with Ron Paul.
It is irrelevant whether the GOP takes over the Tea Party or not, because only the cast of characters is different, not the policies.
The Tea Party is a dumbed down version of the GOP, more extreme, more simplified, less willing to compromise.
In the class warfare between management and workers, industry and consumers, polluters and the environment, commerce and regulators, they have taken the logical extreme position favoring corporations over everyone.
That's the Tea Party way.
Ah yes, the Reagan Revolution has been fruitful everywhere.
Aside: This interviewer is from "Financial News"?
If you had to 'blame' a president .. it would be Wilson .. who created the Federal Reserve .. the mother of all Central Banking .. and it spread globally as well. From that we have the global banking mess we have today.
No, there's nothing wrong with having a central bank. The problem was with tearing down regulations and institutional firewalls back in the 80s and 90s.
I beg to differ with you ..your $1 in 1913 is now worth 2 cents today ... courtesy of the devaluation of the dollar (called inflation).
Nixon getting off the gold standard in the 70's was a really bad move.
Making a group of bankers in charge of setting monetary policy (i.e. not congress) was a bad move ... bankers running the monetary policy .. what could go wrong (See current balance sheet of the US).
Not that all the country's financial problems stem from the Fed reserve, but many are.
When I first started driving (1973), I could get over 2 gallons of gasoline for 1 dollar, silver coin or paper currency.
Today, I can buy 10 gallons of gas (In California, no less) with that silver dollar - that would cost you over $30 in paper currency. Gas is just an example, many other things have suffered worse from inflation ... inflation is a killer ... printing too much money is the root of inflation.
Gramps
The guy has a point but the political class in this country hates the working people, so hurting them isn't a tragedy in Washington.
Workers are just scum who have to be paid, taking dollars away from the executive class, who would just as soon replace every job with a 10 year old Chinese kid who would get half a cup of rice a day as pay.