(2010/02/07) Some take on banks while others lie to protect them (Economics) (MP3)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 7 February 2010
⏱️ 64 minutes
🧾️ Download transcript
Summary
Edition #331
Some take on banks while others lie to protect them
Act 1: Obama takes on bankers - Daily Show
Act 2: Moyers on greed - Moyers' Journal
Act 3: Economists being right isn't enough - Counterspin
Act 4: Eliot Spitzer - Colbert Report
Act 5: Hasty freeze on budget - Rachel Maddow
Act 6: Obama needs to tell a bank regulation story - Political Scene
Act 7: The gang of five - Slate Magazine
Act 8: Austan Goolsbee on the budget drop - Daily Show
Act 9: Leaked memo on lying to protect banks - Young Turks
Bonus iPhone/iPod Touch App Content:
The Word - Manifest Density Economics - Colbert Report
Music:
Lost - Coldplay
Look what you've done - JET
Ain't that unusual - Goo Goo Dolls
Candy everybody wants - 10,000 Maniacs
Sleeping in - The Postal Service
Story of a lonely guy - Blink 182
Cut it out - Anya Marina
Rescue me - Fontella Bass
Produced by:
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Transcript
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| 0:00.0 | This episode is brought to you by Audible. Get your free audiobook download by |
| 0:05.0 | visiting audiblepodcast.com slash best. Now welcome to the award-winning best |
| 0:10.7 | of the left podcast with clips today from the Daily Show, Bill Moyer's Journal, |
| 0:15.1 | Counter-Spin, the Colbert Report, the Rachel Maddo Show, the political scene from |
| 0:19.8 | the New Yorker, Slate Magazine, and the Young Turks. |
| 0:29.8 | I was happy to hear you aware. This financial crisis is creating a little bit of |
| 0:35.3 | tension between Wall Street Titans and the other 6.5 billion people on Earth. |
| 0:42.3 | And after handing over billions of dollars in bailout funds to banks, President |
| 0:47.2 | Obama may have had enough. The president noting the outrage in this country |
| 0:52.2 | after the financial collapse said it's time to go after the banks and the bankers |
| 0:55.8 | and if they want to fight they'll get one. Don't fight him bankers! It's trap. |
| 1:03.1 | He has an army. I mean what weapon does Wall Street have? The third consecutive |
| 1:13.2 | dribble-digit law sort of doubt since the president gave out swinging against |
| 1:16.9 | the banks on Wednesday. Oh my god they're taking hostages! |
| 1:21.5 | If you ever want to see a 401k again, I suggest you put down your regulations. |
| 1:28.0 | No, no, I'm serious. I will decrease your f***ing dividends. |
| 1:35.2 | Why is this happening? We would have been up huge on earnings today if one for the |
| 1:42.2 | president's decision to downsize the banking system. The market hates the Obama |
| 1:46.1 | plan. Everything that we've seen coming out of Washington, the market doesn't like |
| 1:48.8 | investor confidence, was completely shattered by what you got from the Obama |
| 1:52.3 | administration. The market does not like Nationalization. The government hates this. |
| 1:56.2 | It hates the stimulus. It hates the bailouts. |
... |
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