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Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

(2009/02/15) Missing: Stable economic system, if found please contact owner (MP3)

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

Jay Tomlinson

Politics, News, News Commentary

4.53.4K Ratings

🗓️ 15 February 2009

⏱️ 76 minutes

🧾️ Download transcript

Summary

Edition # 254 Missing: Stable economic system, if found please contact owner Act 1: Executive pay out of control - The Young Turks Act 2: Unemployed without benefits - NPR Act 3: Keynsian Economics Part 1 - This American Life Act 4: AT&T lays off 30,000 automated operators - The Onion Act 5: Keynsian Economics Part 2 - This American Life Act 6: Recorded CEO conference call Part 1 - The Young Turks Act 7: CEO lays off 5,000 workers to impress girlfriend - The Onion Act 8: Recorded CEO conference call Part 2 - The Young Turks Act 9: These people are thieves - Maron vs. Seder Act 10: Enough carrots, time to use the stick - The Young Turks Music: Daylight robbery - Imogen Heap On the turning away - Pink Floyd The artifact & Living - Michael Andrews Go ahead - Rilo Kiley Slipping away - Michael Andrews Notorious - Duran Duran Someday You Will Be Loved - Death Cab For Cutie The Czar of Munster - Seamus Egan Clean and sober - Anya Marina Produced by: Jay! Thanks for listening! Visit us at www.BestOfTheLeft.com Contact me directly at Jay@BestOfTheLeft.com Vote for us and leave comments at www.PodcastAlley.com or Review the show on iTunes.

Transcript

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0:00.0

Welcome to a mildly profane edition of the Bestable F Podcast with clips today from the

0:13.0

Young Turks in PR, This American Life, The Onion Radio News, and Maren vs. Cedar.

0:30.0

Earlier in the show, we were telling you about the $25 million that Peter Kraus and Maren went to executive

0:36.0

got for just three months of pay. How did the board ever think that that made any degree of sense?

0:43.0

And then Maren vs. Cedar goes under and then they take $25 million bailout from the United States taxpayer.

0:49.0

God, those boards are so corrupt. It's sickening.

0:55.0

Yeah, those guys were like, oh, yeah, yeah, having this guy around for three months for $25 million when we were out of money.

1:02.0

Yeah, yeah, yeah, I can sign off on that. That makes sense. Now I was reading about some other guy who was making $25 million a year at AIG,

1:10.0

another company that had to get bailed out for hundreds of billions of dollars.

1:14.0

An unreal amount of money we put into AIG. Well, he's one of the guys that was running these scams and you know,

1:22.0

was doing these risky credit default swaps that were bound to blow up.

1:29.0

But before they blew up, they were making a lot of money. So he got paid $25 million a year, year after year after year.

1:36.0

You see, he pocketed all that money. That money's gone into his house now.

1:41.0

And then they come and ask us for a bailout. Well, how do I get that money back? Well, you can't.

1:46.0

It's a sad day for you. Meanwhile, NBC had a great report. You know, unfortunately, we don't have enough time for it here.

1:53.0

We'll run into the post game show on TheUnteriffs.com. But let me tell you some of the stats from it.

1:58.0

Meanwhile, people are literally choosing between food and medicine here in the United States, real American families.

2:06.0

And there, some people are diabetic and they say, well, I don't have enough money for the medicine. So I'm only taking it on half the days.

2:13.0

And a guy gets taken to the hospital. Here's a stat nearly half 47% of the public reports that someone in their family is skipping pills, postponing or cutting back on Medicare.

2:23.0

They said that they need in the past year to the cost of care. So half the country doesn't have enough money for their medicine.

2:32.0

And they wind up literally getting sick and going to the hospital, which then of course costs even more money.

2:38.0

But they don't have the money for it. Meanwhile, the Peter Crafts of the World are by a $37 million apartments in New York City.

...

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