(2010/10/16) Math has a well known liberal bias (Economics)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 17 October 2010
⏱️ 74 minutes
🧾️ Download transcript
Summary
Edition #418
Math has a well known liberal bias
Sponsor: Visit GoToMeeting.com, click the try it free button and use promo code: Podcast
Act 1: Foreclosure Crisis – Daily Show
Song 1: Razon Wire – Chris Priest
Act 2: TARP sequels coming – Young Turks
Song 2: Big Mistake – Fair Ain’t Fair
Act 3: Crooked lending practices – Le Show
Song 3: Lake Michigan – Asleep At Heaven’s Gate
Act 4: Mortgage bankers assn. – Daily Show
Song 4: Hang On Sloopy – Hang On Sloopy – The Best of the McCoys
Act 5: Top 20% have too much money – Young Turks
Song 5: Animal – Miike Snow
Act 6: Tax Shelter Skelter – Colbert Report
Song 6: Gray or Blue – Sea Green, See Blue. – EP
Act 7: The return of debtors’ prisons – The Progressive
Song 7: Rows of Homes – The Western States Motel
Act 8: Austan Goolsbee – Colbert Report
Song 8: Bloodstream – Stateless
Act 9: Dems at war with corporate interests – Young Turks
Song 9: Dance Music – The Sunset Tree
Act 10: Arizona family chooses to live in the middle – NPR
Song 10: Keepsake – Weeds (Music from the Series, Vol. 3)
Act 11: Fox News guest rips ‘liberal math’ – Young Turks
Bonus iPhone/iPod Touch App Content:
Arianna Huffington – Daily Show
Sources:
Daily Show
The Young Turks
Le Show
Colbert Report
The Progressive
NPR
Produced By:
Jay!
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Transcript
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| 0:00.0 | This show is made possible by members and donors to sign up at BestOfTheLeft.com and also |
| 0:04.6 | by go-to-meeting.com, green technology helping reduce the need for business travel. |
| 0:09.1 | Now welcome to the award-winning BestOfTheLeft podcast with Cubs today from the Daily Show, |
| 0:13.1 | the Young Turks, Lesho, the Colbert Report, the Progressive, and in PR with a bonus video |
| 0:18.0 | clip for our iPhone app users from the Daily Show. |
| 0:30.0 | Biggie of a need in the groin! |
| 0:32.0 | Remember a couple of years ago, right around this time of year, actually, when then President |
| 0:35.9 | Bush came to the country and said, we've been talking a lot about how to prosecute the |
| 0:39.6 | war on terror, whether or not the Patriot Act is legal. |
| 0:42.9 | And while we were all talking, it looks like our economy is about to collapse. |
| 0:48.2 | Just boom! |
| 0:50.8 | I believe adding, ha, ha, ha, or something. |
| 0:56.9 | I can't even really remember how that goes. |
| 0:59.2 | It turns out that our big banks, JP Morgan Chase, City Group Bank of America, had made |
| 1:05.1 | a bunch of f***ing mortgage loans and then had bundled these loans up, I guess, into bales |
| 1:11.4 | of f***ing loans. |
| 1:13.3 | The companies like Goldman Sachs and Lehman Brothers then sold back and forth to one another |
| 1:16.5 | at ever increasing prices until one person there realized, hey, you know, we're just showing |
| 1:21.2 | f***ing back and forth, right? |
| 1:24.0 | At which point those companies came to us and said, if you don't give us $700 billion, |
| 1:29.2 | everything you love and hold dear in this world will turn to tang the Orange Juice Substitute |
| 1:33.0 | once drunk by after us. |
... |
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