This dream, Bannon argues, is the core of American society, one that was gutted in 2008 when the Democrats decided to bail out the banks. Liberal politics, with all its divisive conversations about identity and its obsession with equality, had turned around and stabbed middle class Americans in the back to bail out the super wealthy ‘coastal elites’ and the media and entertainment complexes in Los Angeles and New York turned a blind eye and went back to their work of dismantling the middle class and dividing up the spoils between themselves and all the clueless minorities who were stupid enough to believe liberal politics had their best interests at heart.
Debate Won’t Save You: Some thoughts on the Steves.
Jay Caspian Kang

Not highlighting to agree, but noting this as Bannon’s core motivation to destroy the system, placing the blame on the Democrats.