Noam Chomsky: WikiLeaks Cables Reveal "Profound Hatred for Democracy on the Part of Our Political Leadership"

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Noam Chomsky , like another of my modern day hero’s, Nassim Taleb, tells it how it is and delivers this superb quote on the current WikiLeaks revelations:

“…one of the major reasons for government secrecy is to protect the government from its own population”

The transcript of the full interview and videos can be found here

However, whilst I interpreted that the above quote specifically related to revelations about US “Diplomacy” it could be that he also intended it to refer to US Fiscal policy. Judge for yourself. Here are his words on that subject:

 

What people are thinking is extremely interesting. I mean, overwhelmingly polls reveal that people are extremely bitter, angry, hostile, opposed to everything.

The primary cause undoubtedly is the economic disaster. It’s not just the financial catastrophe, it’s an economic disaster. I mean, in the manufacturing industry, for example, unemployment levels are at the level of the Great Depression. And unlike the Great Depression, those jobs are not coming back. U.S. owners and managers have long ago made the decision that they can make more profit with complicated financial deals than by production. So finance – this goes back to the 1970s, mainly Reagan escalated it, and onward- Clinton, too. The economy has been financialized.

Financial institutions have grown…