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The promise that says the market should reward truck and drive and innovation and generate growth.
But the businesses should live up to their responsibilities to create American jobs.
To look out for American workers and play by the -- for the world.
All right now I am not saying there weren't rich folks at Invesco Field last night were opening up -- Barack Obama.
Let's just today than they were the ones who are they are probably not we'll bring it up quite as much and who could blame them.
They have a big fat target on their big -- portfolio Obama make no secret of his disdain for Wall Street agree companies.
Are actually for a moment in his speech what's -- on -- company's profits.
My next guest welcome this -- it's it's a -- lose uprising practically begs for this type of economic revolution.
If he wasn't such a great author we wouldn't have -- -- but he's a little crazy just like Barack Obama.
On -- that it thank you very much for coming.
Thanks -- -- -- all right so.
-- loved what you heard -- sort of like I'm putting words in amounted but the Democrats took off the the sort of -- Republican esque clothing and and with a populace they should bit.
Yeah absolutely I mean I think this was the most economically populist speech that Barack Obama has given on a national stage.
And I think that it's been what's been missing from Obama's campaign right now.
Especially if you look at where the public is on so many different issues in the public you look at polls right now.
And the public really wants sort of a more full throated populist progressive agenda.
Oh I don't think they did his title Carol well you -- say that's that's very US saying the public is this thirsting for big government.
Unless they have big governmental different than populous having big I mean how really things that isn't now really the regular.
Absolutely and I think.
Regulating Wall Street.
In a way that make sure that we don't get these boom bust cycles.
Having a government that that that uses its power to make sure that.
That we don't have such gross inequality reforming our trade laws I mean this is not a Republican or democratic proposal -- the Wall Street Journal.
-- two to one support for reforming our trade laws among Republicans so I think I think Obama is actually moving to the center when he does this.
Man -- -- this is the center of the night -- healthy -- -- it but -- -- say here's -- worries -- and and and there a couple of key lines especially when he.
He he took a jibe at fortune 500 companies and their profits is that profit was an evil word is -- Wall Street was an evil -- as -- aspiring to become.
Maybe the upper class is an evil desire did I got a distinct.
You call it a populous on I called -- an anti capitalists on a tone that said.
We can we can level the playing field -- sticking it to the wealthy.
-- -- what I heard was there's a difference between profiting and profiteering.
There's a difference between a stable economy that works well for most people and a boom bust economy that works well only for those for those at the very -- you know I I think that.
Barack Obama is is a lot of things but he's not a radical I mean he's.
Basically pushing to to move us back to some of the economic policies of of Bill Clinton and remember you know my my criticism of Barack Obama is that he's got too many Wall Street folks around him -- -- you'll notice that the convention.
And after he after he campaigned against NAFTA and was was talking tough on trade which I think he should be doing at the convention mentioned nothing about that.
Or put Fannie Mae and Freddie Mac allegory comes in handy here he ripped -- -- -- -- right.
-- leaving out the fact that sandy Willis Fannie and Freddie in the Serra was in that -- apparently in Canada the sales it's.
These organizations provided better than 800 million dollars in loans to people who would never gotten them and the vast majority of those people by the way -- delivered on the so he vilified the entire two.
Lending agencies for the sake of what's happened now.
And Morales said good you know I would love to punish -- if I could but I can't because we're so indebted to them.
What kind of message does that send -- you forget whatever good some of these agencies did and focus collectively on the what a waste of time they are and how greedy and ungrateful and how -- rewarded the shareholders should.
Well I think what he's doing is using the campaign to build a mandate a so the coming out of the election people actually vote for him and they.
Did they vote for him on it a platform that's the medically about.
Bringing the economy back under control making sure that we don't get these boom bust cycles and making sure this is the key point making sure the economy works for most.
-- you know what I don't as he works for the top I would also think he believes it members they would Austan -- -- was telling the Canadian trade ministers you know.
What would tally I know you guys -- about a position on these trade agreements don't worry that it wink wing none none -- the campaign.
I'm paraphrasing but the message was even these guys don't believe them lining -- you know like NN and edited you're right it makes a great political debts but.
It's not how they really -- in their bones so why do it.
Well because -- they're trying to win an election and my hope is that their latest.
This kind of human and I don't really think day day day since when is this several -- election -- as a populist approach we talk about raising taxes.
And separated classes ever won you an election when is it happened.
Well Leo we we haven't really had a real populist candidate for president -- general election and we haven't -- historic times right now I think with with the way the economy looks right now.
Okay spoken eloquently as always publicity about love reading his stuff -- -- thank you very much -- -- monitors campaign with you because -- -- -- way that you're not if you're not I'm not I'm not quite as word.
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