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Ep. 448: Mike Lofgren Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Deep State

The deep state is what exactly. People elected George W. Bush with certain expectations and perhaps the more ideologically engaged of them saw him fulfill their expectations, says Julian Zelizer. We elected Barack Obama on the promise of hope and change but this candidate who campaigned against the surge in Iraq ended up continuing many policies that Bush had instituted. It's the same Wall Street types, whether it's Tim Geithner or Hank Paulson and Secretary of the Treasury, they're essentially birds of a feather said Zelizer.

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