Al Jazeera has posted a complete transcript of the bin Laden video on its website.

Reading through the whole transcript, I am even more convinced that he has taken his talking point straight from a copy of “Fahrenheit 9/11”. Various parts of his speech refer to the U.S. national deficit and a plan of “bleeding America to the point of bankruptcy.”

This is in addition to our having experience in using guerrilla warfare and the war of attrition to fight tyrannical superpowers, as we, alongside the mujahidin, bled Russia for 10 years, until it went bankrupt and was forced to withdraw in defeat.

And

So we are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah.

And

Meaning that every dollar of al-Qaida defeated a million dollars by the permission of Allah, besides the loss of a huge number of jobs.

As for the size of the economic deficit, it has reached record astronomical numbers estimated to total more than a trillion dollars.

And even more dangerous and bitter for America is that the mujahidin recently forced Bush to resort to emergency funds to continue the fight in Afghanistan and Iraq, which is evidence of the success of the bleed-until-bankruptcy plan - with Allah’s permission.

However, America is not like the Soviet Union. We don’t have a centrally planned economy. Our economy can absorb losses like the one that happened on 9/11 and rebound from such losses. Bin Laden has been listening to the doomsayer’s in this country and it shows. Al-Qaeda’s strategy is the wrong one for the wrong enemy.

(From LGF)