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.
"Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy."
Louis Brandeis, Olmstead v. United States, 1928