(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
4.5 • 3.4K Ratings
🗓️ 15 February 2009
⏱️ 76 minutes
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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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