Dylan on the Today Show: U.S. Policies are Removing Money and Jobs from America
January 9, 2012
Dylan visited the Today Show this morning to talk about the New Hampshire primaries, and why money in politics means that America is not getting the debate it deserves.
“We have yet to have a single Presidential candidate who – with the exception, perhaps a little bit of Ron Paul and a little bit from John Huntsman – but really it’s not happened,” said Dylan to NBC’s Ann Curry.
“No one has explained to the American people why it is that our banking, trade and tax code prevent money from being invested into the innovations in everything this country needs in energy, health, innovation and infrastructure. Instead, our trade, tax and bank policies – all three of those things, which control the flow of money to America or from America — those policies are basically removing that money, and the jobs as a result,” he said.
What’s Dylan’s solution? Read about it on Bloomberg View — “Encouraging the Right Kind of Greed Among Banks.” Also, be sure to check out GreedyBastards.com for more info on the book, and a strategy to fix America.
ANN CURRY: You just heard Gingrich speaking about Mitt Romney. How vulnerable do you think Mitt Romney could be in highlighting his business background given the sort of anti-Wall Street, Occupy climate we’re in Dylan?
DYLAN: Mitt Romney’s liabilities as an American businessman are among the highest of any businessman in this country. There are two types of businesses in this country right now. There are businesses that are people investing and collaborating to solve America’s problems – people working on energy efficiency, working on health efficiency, working on innovation itself, on infrastructure and problem solving. And there is a second class of businessperson that was invented in the last thirty years of this country, who exploits their ability to borrow money at the risk to this nation – the same risk that we bailed out in 2008, and borrows that money to do much as Newt Gingrich is describing – to purchase a company, to liquidate the company and take the money for themselves. And that is a reasonable undertaking – maybe – but borrowing other people’s money to do so, and then taking away other people’s jobs to do so is not capitalism, it is in effect exploitation.
ANN CURRY: So you’re saying this could hurt Mitt Romney, is what you’re saying.
DYLAN: 100%.
ANN CURRY: So that said, as we’ve been looking at these debates – 2 this weekend, 15 total — then what do you think Americans are not hearing from the candidates that they should be hearing, despite all of these debates? Given that you’re a financial journalist.
DYLAN: We have yet to have a single Presidential candidate who – with the exception, perhaps a little bit of Ron Paul and a little bit from Jon Huntsman – but really it’s not happened. Explain to the American people why it is that our banking, trade and tax code prevent money from being invested into the innovations in everything this country needs in energy, health, innovation and infrastructure. Instead, our trade, tax and bank policies – all three of those things, which control the flow of money to America or from America — those policies are basically removing that money, and the jobs as a result.
ANN: You’re essentially saying there are major breaks in the system. John Huntsman sort of alluded to this in Sunday’s debate, talking about the need for financial reform in dealing with lobbyists. But you actually had a huge outburst last August on MSNBC – let’s take a look.
DYLAN RANT: “I’ve been coming on TV for three years doing this, and the fact of the matter is that there’s a refusal on both the Democratic and the Republican side of the aisle to acknowledge the mathematical problem, which is that the United States of America is being extracted. It’s being extracted through banking, it’s being extracted through trade, and it’s being extracted through taxation. And there’s not a single politician who has stepped forward to deal with this.”
ANN: Darn Dylan, how do you really feel? In your book, you’re essentially calling on Americans to act. What is it you think that Americans can do to “take back,” as you put it, this country.
DYLAN: We are already seeing Americans do it. No matter what your issue is – whether it’s the environment, whether it’s the prison system and the incarceration of young minorities in this country, whether it’s gun rights, whether it’s asthma, whether it’s the food supply, or corn in the food that’s causing diabetes – whatever it is that you want to talk about, you are being prevented from having the natural redress of democracy and the government resolving that for you because of the dependency our politicians have on money. Listen to the interview we both just watched with Newt Gingrich. And what he spoke about was all the money that was being spent. And Matt was talking to Newt about it – back and forth, one versus the other. And the fact of the matter is, as long as that money is coming in, that money comes in to prevent policy changes that could adapt us to a new world. People think that money buys making something happen. What the money is actually buying is making something not happen at a time when we need a lot to happen.









Buddy Roemer??…anyone..anyone?
Hey TIM, I hear ya. Buddy Roemer is the only one talking any sense. And since he would put the powers that be in jeopardy he get no “sanctioned” forum to spread the word. Not while the Greedy Bastards run the show.
Dylan is right on the target. Big money prevents any change not beneficial to them. Get money out of all elections. Get "for profit" money out of healthcare, and get advertiser money out of mass media–all should be funded anonymously by the federal government.
We need campaign finance reform immediatedly. Get the money out of campaign financing from corporations which aren't people or care about people.
I agree with Dylan. I'm not interested in opinions anymore, I've heard enough of those. Let's deal in facts. The fact is, money is being extracted from this country at a rapid rate because of banking, taxation, and trade policies. You think your vote is going to do something about this? Not as long as politicians have to spend most of their time and resources soliciting donors instead of listening to you.
reggie you have it right! !! funding the national election should be done by donations to the us government who would dole out same amount to each one running for president. if it works well bring it down to the state levels. if it takes a constitutional amendment, so be it. dan r.
why ???
dylan…run for president!
Our Constitution already contains the tools to purify the corruption. The last clause of the !st amendment is never mentioned, but it is the second means, after voting, for the minority voices of oppressed parties to be heard. We the People exercised this clause a few years ago and all of the congress, senate, and executive branch unlawfully ignored the "petition for relief of grievances" , which the gov't is mandated to respond to. That is treason, plain and simple.
The third, and most powerful, means of voicing our grievances is the power and right to judge the laws and nullify them if needed, via the petit jury (and grand jury as well). The Fully Informed Jury Association has for years been educating jurors and lawyers about the truth of this inalienable right. This power is crucial in order to protect grassroots activists from prosecution for breaking "bad laws" which are null and void to begin with, being unconstitutional.
Aligned with FIJA is a related movement called "Jail For Judges" which is attempting to get laws passed at state level that would create independent boards of review to prosecute judges for unconstitutional behavior on the bench, such as directing jurors to judge only the facts and not judge the validity of the law that was broken, as is their right and power.
These longstanding movements need to be widely promoted, rather than reinventing the wheel, so to speak.
im77yrs old and this problem is a cancer thats gone un-treated and never been diagnosed,nowi its progresson is so far advanced,all we can do is sew it up and PRAY,it will kill sooner or later. maybe what this "greedy" country needs is a complete melt down.we have allowed the store to be given away,people my age say"were headed to the exit:" GOOD BY CRUEL,". GOD BLESS AMERICA!!
Mr.Dylan Ratigan is correct. Our politicians are bought by powerful lobbyist. It’s clear too me in the last 3 years in this nation that Washington is own by the financial institutions period.
The last 3 years? Take a look at what went on the 8 years before..
We must get the money out of our political system and restore our democratic republic. We now live in more of an Oligarchy than a Democracy. The 99% need to peacefully overthrow the 1% that control the Too Big Too Fail, Multi-National-Corporations (MNCs) and Financial Institutions that control our politicians. http://unitedrepublic.org/
I have been saying for years that we have to get rid of the lobbyists and was told by my brother-in-law "It;s never going to happen" ~ My question is WHY NOT? ~ Who is "supposed to be" in charge? ~ WE THE PEOPLE are supposed to be, but unfortunately that is not the way things are going now! ~~~ To think that our Supreme Court actually passed a law that allows corporations to put any amount of money into our political system without that information being made public ~ It would be nice to at least know who is buying our Congress! ~~~
We also have got to QUIT subsidizing all these huge banks, corporations, etc. as well as "bailing out" the big boys that misbehaved but continue to take their huge salaries at the expense of the tax payer and people loosing jobs, homes, etc. ~ It is absolutely crazy! ~ I am such a fan of Dylan Ratigan & the others that are working with him to get the money out of our government ~ If our country is ever to be great again we MUST GET THE MONEY OUT! ~ Go Dylan!!!
Straw Man,plz expound on the above remark,now…this..is interesting.Does it have any teeth?
Dylan Ratigan is the only voice of the main stream media that speaks truth to power. And Buddy Roemer is the only POTUS candidate that is doing this too.
Why isn't this guy running for President? Oh yeah, he's telling the truth.
Americans WANT money in politics. Out of 300 million + population only 270000 signed up to get money out of politics. The lazy, welfare loving, china blaming cowards want to keep the status quo.
It about time that someone has the intestinal fortitude to stand up and inform the common citizenry on the misdeeds of controlling circle.
As I see it, no matter how principled, intelligent, compassionate or wide-eyed a person is, if she/he gets elected to public office with the system as it is, he/she gets corrupted trying to "serve". All seem to join the old-timers and money hunger takes over. There are no "Mr. Deeds" anymore.
Americans MUST "get the money out of the election of political candidates"! Maybe Mr (or Ms ) Deeds will come about once again!
I agree with Dylan 100%.