Dylan Ratigan

  • Aired:  08/10/10
  •  | Views: 27,660

Dylan Ratigan draws parallels between Mexican drug dealers and American bank executives. (6:26)

MY GUEST TONIGHT IS THE

OUTSPOKEN HOST OF "THE DYLAN

RATIGAN SHOW."

I CAN'T WAIT THE FIND OUT WHO IT

IS.

PLEASE WELCOME DYLAN RATIGAN.

[CHEERS AND APPLAUSE]

HEART ATTACK DYLAN.

>> HOW ARE YOU?

>> Stephen: NO NEED TO GET UP.

PLEASE, HAVE A SEAT.

THANK YOU VERY MUCH.

>> HOW ARE YOU?

NICE TO SEE YOU.

>> Stephen: NICE TO SEE YOU

TOO.

AGAIN.

>> WELL, NO.

>> Stephen: WE'VE NEVER MET.

NOW, SIR, YOU ARE, AS I SAID,

THE OUTSPOKEN HOST OF "THE DYLAN

RATIGAN SHOW."

YOU WERE ON MY SHOW WITHOUT A

TIE.

>> UH-HUH, UH-HUH.

>> Stephen: THAT DOES NOT

INSULT ME.

WHAT INSULTS ME IS THAT YOU

DIDN'T THINK IT NECESSARY TO

WEAR SOCKS.

[LAUGHTER]

JIM, CAN WE GET A SHOT OF HIS

FEET PLEASE.

[APPLAUSE]

>> TOUGH TIMES.

>> Stephen: I DON'T KNOW WHAT

THEY DO AT MSNBC, BUT WE HAVE

STANDARDS OF DECORUM HERE.

DID YOU JUST LEAVE YOUR DOJO?

WHY DON'T YOU HAVE SOCKS ON?

>> TOUGH TIMES, TOUGH TIMES.

>> Stephen: NOTHING'S BETTER

ON A HOT DAY THAN BARE FEET

INNER LOAFERS.

NOW, YOU'RE AT MSNBC.

ARE YOU THE GUYS WHO GETS THE

FACTS TALKING POINTS FROM THE

WHITE HOUSE EVERY DAY, OR DOES

THAT GO STRAIGHT TO RACHELLING?

COME ON, YOU GUYS ARE A CLEARING

HOUSE FOR LIBERAL IDEAS.

BUSTED.

[LAUGHTER]

>> AT THIS POINT, IF YOU BELIEVE

THAT INDICTING THE OBAMA

ADMINISTRATION AND THE

DEMOCRATIC PARTY ALONG WITH THE

REPUBLICAN PARTY FOR THEIR

CONTINUED COMPLICIT

PARTICIPATION IN TAKING MONEY

FROM THOSE WHO WOULD SEEK TO

CONTROL OUR GOVERNMENT IN LIEU

OF HAVING TO WORK, BOTH THE

DEMOCRATS AND THE REPUBLICANS,

WHETHER THEY'RE TRYING TO

PROTECT THEIR BANK GAMBLING

BUSINESS, WHETHER THEY'RE TRYING

TO PROTECT THEIR OUTSOURCING OF

MANUFACTURING TO CHINESE SLAVES

WHO MAKE 20 CENTS AN HOUR, I

HAVE ACTUALLY HAD A VERY HARD

TIME FIGURING OUT WHETHER ONE

PARTY IS ANY MORE AGAINST THOSE

THINGS THAN ANOTHER.

SO I ACTUALLY TAKE ISSUE WITH

YOUR SUGGESTION.

>> Stephen: I GUESS IN THE

MIDDLE OF ALL THAT YOU DO.

WHAT DO YOU MEAN?

ARE YOU... DO YOU CONSTANTLY

SHOW CONTEMPT FOR THE PEOPLE YOU

USED TO WORK WITH, THE PEOPLE ON

WALL STREET?

YOU USED TO BE ON "FAST MONEY"

ON CNBC.

OKAY.

>> I WAS HOPING YOU...

>> Stephen: THAT WAS A GREAT

SHOW.

AND IT WAS AN HONEST SHOW

BECAUSE THE MONEY WAS VERY FAST.

>> IT WAS VERY FAST.

>> Stephen: YOU GOT IT AND IT

LEFT QUICKLY.

>> IT WAS GONE.

>> Stephen: SO WHY DID YOU

LEAVE THE WORLD OF WALL STREET

AND BEING A CHEERLEADER FOR WALL

STREET TO GO OVER TO THE OTHER

SIDE?

>> SO HERE'S THE PROBLEM.

IT'S ONE THING TO HAVE A

CONVERSATION ABOUT HOW I WANT TO

SPECULATE OR GAMBLE WITH MY

MONEY IN THE FINANCIAL MARKETS

OR WHETHER YOU WANT TO SPECULATE

OR GAMBLE WITH YOUR MONEY IN THE

FINANCIAL MARKETS.

AND I QUITE HONESTLY VERY MUCH

ENJOYED THE CONVERSATION,

ENJOYED HOSTING THAT PROGRAM.

I ENJOYED WORKING WITH THE

TRADERS AND THOSE IN THAT

ENVIRONMENT WHO WERE TRYING TO

FIGURE OUT HOW THE INVEST THE

MONEY.

AND THEN WE'RE ALL SITTING THERE

IN 2008, AND WE WATCH, IT'S MY

MOTHER'S MONEY THEY'RE GAMBLING

WITH IN EFFECT.

>> Stephen: WAIT, IT OCCURRED

TO YOU IN 2008 THAT PEOPLE WERE

WATCHING YOU ON THAT LITTLE BOX

OVER THERE, THIS LITTLE THING?

OH, MY GOD, WIRES COME OUT OF IT

AND PEOPLE DO THINGS BASED ON MY

ADVICE.

[APPLAUSE]

DID YOU EAT PAINT CHIPS AS A

CHILD?

>> NO, NO.

>> Stephen: YOU WERE DOING THE

RIGHT THING.

THOSE PEOPLE WATCHING YOUR SHOW

WERE TAKING A CALCULATED RISK

WITH THEIR MUST BE.

>> -- THEIR MONEY.

>> BUT WHEN IT CAME DOWN TO THE

REALITY THAT THAT WAS NOT THE

CASE, WHEN IT CAME DOWN TO THE

REALITY THAT THEY HAD PAID

THEMSELVES, THE BANK EXECUTIVES

HAD PAID THEMSELVES BILLIONINGS

OVER THE PREVIOUS TEN YEARS...

>> Stephen: YOU WANT TO

CRIMINALIZE SUCCESS.

>> NO.

>> Stephen: YOU WANT TO

CRIMINALIZE PEOPLE...

>> NO, STEALING.

>> Stephen: NO ONE HAS GONE TO

JAIL, SIR.

NO ONE HAS GONE TO JAIL.

THAT'S BECAUSE IT'S NOT ILLEGAL.

IT'S NOT ILLEGAL.

>> TELL THAT TO THE MEXICAN DRUG

DEALER.

>> Stephen: WHO YOU WOULD LOVE

TO HAVE IN THIS COUNTRY.

YOU WANT TO STOP THE REPUBLICANS

FROM REPEALING THE 14th

AMENDMENT.

TRUE OR FALSE?

>> TRUE.

>> Stephen: CHECKMATE.

CHECKMATE.

YOU JUST KNOCKED OVER YOUR KING.

>> BUT LISTEN, HERE'S WHY: IF I

HAD THE MEXICAN DRUG DEALERS IN

COUNTRY WHERE WE COULD GET

HANDLE ON THEM.

>> Stephen: YES?

>> I WOULD THEN BE ABLE TO DRAW

MORE CLEARLY THE PARALLELS

BETWEEN THOSE MEXICAN DRUG

DEALERS AND THE INDIVIDUALS WHO

ARE RUNNING OUR BANKS, AND THAT

THE BENEFITS THE MEXICAN DRUG

DEALERS GET BY BUYING OFF THE

GOVERNMENT TO ALLOW THEM TO BE

LEGAL IN THEIR OPERATION IN

MEXICO IS THE EXACT SAME

MECHANISM THAT OUR BANK

EXECUTIVES USE IN GIVING MONEY

TO OUR POLITICIANS TO ENSURE

THAT THEY CAN GAMBLE, KEEP WHAT

THEY MAKE AND TRANSFER WHAT THEY

LOSE TO THE PEOPLE THAT ARE IN

YOUR AUDIENCE, TO MY MOTHER, TO

YOUR CHILDREN, AND TO PEOPLE WHO

NEVER CHOSE TO MAKE AN

INVESTMENT OF ANY KIND AS LONG

AS THEY LIVED BUT WERE PUT ON

THE HOOK FOR THAT REASON.

>> Stephen: WELL, OKAY.

>> THAT'S THE REAL ISSUE.

[APPLAUSE]

>> Stephen: I WASN'T ABLE TO

FOLLOW MOST OF THAT.

SO WE'RE GOING TO EDIT IT OUT IN

THE FINAL THING.

>> YOUR SHOW, YOUR SHOW.

>> Stephen: SO IT LOOKS LIKE I

WON.

OKAY.

FINE.

YOU SOMETIMES USE A CHALKBOARD.

>> FROM TIME TO TIME.

>> Stephen: YOU DO.

GLENN BECK FAMOUSLY USES A

CHALKBOARD.

SHOULDN'T YOU HAVE TO GET YOUR

OWN BASIC FORM OF CHILDISH

COMMUNICATION?

SHOULDN'T YOU USE LIGHT BRIGHT?

FIRST OF ALL, IT WOULD EAT UP A

LOT OF SHOW TIME TO HAVE TO PUT

THOSE LITTLE PEGS IN THERE.

>> BUT IF IT WORKS, FORGET

WHAT'S ON THE CHALKBOARD, WOULD

YOU TELL THE MATH TEACHER THAT

THE ENGLISH TEACHER CAN'T USE A

CHALKBOARD?

>> Stephen: YES, I WOULD.

>> WOULD YOU TELL ONE CARPENTER

WHO IS USING A HAMMER THAT THE

OTHER CARPENTER CAN'T USE A

HAMMER?

>> Stephen: IN THE SECOND

CARPENTER IS A MENTION --

MEXICAN?

>> I'M WITH YOU ON THA