Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.
Noam ChomskyLet's take Pravda in the 1980s. I mean you could have read things in Pravda saying that it was a stupid error to invade Afghanistan: "it was a dumb thing to do, we have to get out, it's costing us too much." I mean that U.S. analog of that would be "extreme liberalism," and it has been pretty well studied.
Noam ChomskyVery commonly substances are criminalized because they're associated with what's called the dangerous classes, you know, poor people, or working people.... Actually, the peak of marijuana use was as I said, in the seventies, but that was rich kids, so you don't throw them in jail. And then it got seriously criminalized, you know, you really throw people in jail for it, when it was poor people.
Noam ChomskyThe Obama administration is dedicated to increasing terrorism. In fact, he is doing it all over the world. Obama is running the biggest terrorist operation that exists, maybe in history. The drone assassination campaigns - which are just part of the special forces operations and so on - all of these operations are terror operations.
Noam Chomsky[The Republican Party] for example, they do run the House of Representatives, they're a majority there, and it's the House that is essentially sending the government into shutdown and maybe default. But they won the majority of seats there because of various kinds of chicanery. They got a minority of the votes, but a majority of the seats, and they're using them to press forward an agenda which is extremely harmful to the public.
Noam ChomskyVenezuela is independent. It's diversifying its exports to a limited extent, instead of just being dependent on exports to the United States. And it's initiating moves toward Latin American integration and independence. It's what they call a Bolivarian alternative and the United States doesn't like any of that.
Noam Chomsky