(2010/05/13) Winning by losing (Economics) (MP3)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 13 May 2010
⏱️ 65 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This show is made possible entirely by the support of the members and donors to show for details |
| 0:05.5 | visit the membership tab at BestOfTheLeft.com. |
| 0:08.9 | Now welcome to the award-winning BestOfTheLeft podcast with clips today from MarkFurray.com, |
| 0:14.1 | the young Turks, this American life, wait, wait, don't tell me, and the Daily Show, with |
| 0:18.4 | a bonus video clip today for our iPhone app users from the Daily Show. |
| 0:30.0 | With banks again floating on a sea of green, it's time we got to the bottom of how they did it then |
| 0:36.2 | and what they want now, in, born to lose, an inspirational American story of winning by losing. |
| 0:44.6 | Realizing that their portfolios included loads of shaky loans and bundled bulls**t. |
| 0:50.4 | The winners of Wall Street knew it was time to act, but why fix what's broken when you can make it worse? |
| 0:56.8 | And profit handsomely, all you had to do was add more shaky loans and bundled bulls**t guaranteed to fail, |
| 1:04.8 | then take out gamblers insurance which pays you off big time for losing, which means you won. |
| 1:11.8 | Pretty soon everyone tried losing to win. |
| 1:15.2 | I'm losing everything just so I can win, but few seemed able to replicate the banker's success. |
| 1:21.4 | Banks now beg to be left alone, preferring instead the invisible hand of the free market, which allows them to continue doing God's work. |
| 1:29.8 | Fortunately bankers have good friends in the Republican Party who call regulation that would actually prevent bailouts off, bail out, |
| 1:38.0 | which sends the lunch linguistic index up 358% in the first quarter, if they hold fast against the curse of banking reform, |
| 1:47.2 | winning by losing may be here to stay, and perhaps you too can win, because you're definitely already a loser. |
| 1:57.6 | I'm a loser, I'm a loser, and I'm not what I appear to be. |
| 2:08.6 | I'm all alone, if I have one, or have lost, there is one love I should never have lost. |
| 2:19.0 | She was a girl in a million, my friend, I should have known she was winning and they pay. |
| 2:29.0 | I'm a loser, and I lost someone who seemed to me, I'm a loser. |
| 2:37.0 | Yesterday, when Kant on the fact that he appeared to be sporting the bankers, he came over to the convening suit, he's like, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jay Tomlinson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jay Tomlinson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.