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.
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013