Original source and commentary is at Mother Jones
Warren nails it in the last minute of the tape. The US lack of serious reform is a risk to the world economy.
Obama is a thoroughly modern manager: part Herbert Hoover, and part Richard Nixon.
“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead