Wednesday, July 14, 2010

Dylan Ratigan: "The Financial Industry is Stealing America's Money"

Dylan Ratigan Rips GOP Congressman Kevin Brady Over Wall Street Greed

First Posted: 07-13-10 08:02 PM | Updated: 07-13-10 08:03 PM
Huffington Post

Rep. Kevin Brady (R-Texas) looked uncomfortable when MSNBC host Dylan Ratigan introduced him Tuesday afternoon to talk about unemployment benefits and Wall Street greed. Brady's discomfort proved well-founded.

Ratigan tore into the Texas Republican, who voted against the extension of unemployment benefits but for the Wall Street bailout known as the Troubled Asset Relief Program. Brady repeatedly attempted to deflect Ratigan's harsh line of questioning on the nature of Wall Street by arguing that potential -- not actual -- tax increases are stifling capital investment and thus job creation, but the MSNBC host didn't let up.

"I know you have an issue with the government, but I've got an issue with a private industry that's using the government to rape my country of its money, and I'd like to try to put a stop to that," Ratigan said.

"We are facing higher taxes in energy and income and capital and dividends," Brady argued, not for the last time. "All those tax proposals are what's keeping our recovery from gaining steam--"

"That's a lie. That's a lie," Ratigan shot back. "What's keeping our recovery from gaining steam is the fact that the financial industry is stealing America's money, depriving this country of any investment whatsoever, and that is the entire basis of our system, and the government has converted it from an investment vehicle into a vehicle for it to steal money for its rich friends."

The MSNBC host ended the segment on a frustrated note, complaining that Brady simply retreated to his talking points. "I'm done with you," Ratigan said, after he challenged Brady to answer his questions and his guest resumed talking about possible future taxes.


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