What the hell is this bonehead, one of the prime architects of the current financial mess, really saying here?

In the Hot Air post where I saw the video, the transcript has the word listed as “unintelligible”.

Phonetically, Franks utters the phrase “changenism”. What the heck is that?

Given Frank’s leanings, my guess would be this was a razor-thin, on the fly save for him from uttering “socialism” instead.

The substitution does work fairly well in the other direction, given that the examination of the types of things being touted as “change” when coming from the current Democratic machine are basically the tried and failed policies of socialism, just without using that term.

Ergo, in Democratic lexicon, Change=Socialism. Or, if you’re so inclined, use “Communism” instead. Pretty much the same results.

Try it yourself. Do a mental global ‘find and replace’ on the rhetorical output of the left - it makes what they’re up to a whole lot clearer.