(2012/04/04) From Wall St to Washington (Economics)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 4 April 2012
⏱️ 71 minutes
🧾️ Download transcript
Summary
Edition #592
From Wall St to Washington
Ch. 1: Intro - Theme: A Fond Farewell, Elliott Smith
Ch. 2: Act 1: Greg Smith Quits Goldman Sachs - Wait wait don't tell me - Air Date: 3-17-12
Ch. 3: Song 1: Table Tennis (feat. Laura Darlington) - Flying Lotus
Ch. 4: Act 2: STUDY: Rich More Likely to Steal Candy from Babies - Majority Report - Air Date: 2-28-12
Ch. 5: Song 2: Drive - R.E.M.
Ch. 6: Act 3: People Are Fighting Back Against Fraudulent Foreclosures - Rachel Maddow - Air Date 3-23-12
Ch. 7: Song 3: Working Poor - Horse Feathers
Ch. 8: Act 4: Stock Analysts Confused, Frightened By Boar Market - The Onion
Ch. 9: Song 4: Scene No. 13 Segment IV Dance Of The Little Swans - London Philharmonic Orchestra
Ch. 10: Act 5: The Rich Get Richer - New Facts - Young Turks - Air Date 4-1-12
Ch. 11: Song 5: Drink the water - Jack Johnson
Ch. 12: Act 6: Oh My Gawd Fun With Big Bank Fraud - Lee Camp - Air Date: 2-24-12
Ch. 13: Song 6: We'd Like to Thank You Herbert Hoover - Sandy Faison, Dorothy Loudon, Andrea McArdle, Reid Shelton, Barbara Erwin, Laurie Beechman, Edie Cowan, Donald Craig, Orchestra, Penny Worth, Chorus, Robert Fitch, Raymond Thorne & Peter Howard
Ch. 14: Act 7: Not One Dime - John Mill
Ch. 15: Song 7: In the Beginning - K'naan
Ch. 16: Act 8: Religious Leaders Rip GOP Budget - 'Immoral Disaster', 'Robs The Poor' - Young Turks - Air Date: 3-26-12
Ch. 17: Song 8: Dou Way Robyn / Sancta Mater - Trio Mediaeval
Ch. 18: Act 9: Fox Anchors Gush Over Paul Ryan's Budget PlanFox Anchors Gush Over Paul Ryan's Budget Plan - Media Matters Air Date: 3-22-12
Ch. 19: Song 9: Dou Way Robyn / Sancta Mater - Trio Mediaeval
Ch. 20: Act 10: The Real Reason We Can't End Unpopular Oil Subsidies - Rachel Maddow - Air Date 3-29-12
Ch. 19: Song 9: Good Ol' Fashion Nightmare - Matt & Kim
Ch. 20: Act 10: Who Is Serious About The Budget - Counterspin - Air Date: 3-29-12
Ch. 21: Song 9: Ain't no reason - Brett Dennen
Ch. 22: Act 10: Taxmageddon - Young Turks - Air Date 4-2-12
Voicemails:
Ch. 23: White male perspective on being called privileged - Dirk from San Francisco
Ch. 24: "Privilege" comes with undertone of accusation of unearned success - Jesse from Tokyo
Ch. 25: It's not about you - Dave from Olympia, WA
Leave a message at 206-202-3410
Voicemail Music:
Loud Pipes - Ratatat
Ch. 26: Final Comments
Produced by:
Jay! Tomlinson
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Transcript
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| 0:00.0 | This program is made possible by the members and donors of the show, where details visit |
| 0:06.3 | the membership tab at bestablebuff.com. |
| 0:08.8 | Now, welcome to the award-winning Best of the Left podcast with Cups Today from Weight |
| 0:12.1 | Weight Don't Tell Me, The Majority Report, The Rachel Maddo Show, The Onion, The Young |
| 0:16.1 | Turks, Lead Camp, John Mill, Medium Matters, and Counter-Spend. |
| 0:20.5 | And a note on health and safety this episode poses a significant choking hazard due to surprising |
| 0:25.0 | and revolting economic information contained within, eating while listening is not recommended. |
| 0:30.7 | Today, if you make enough money for the firm and are not currently an ax murderer, you |
| 0:37.0 | will be promoted into a position of influence. |
| 0:40.0 | That was from a very public resignation letter from one Greg Smith who used a scathing op-ed |
| 0:45.0 | in the New York Times to quit his job at what company? |
| 0:48.4 | Goldman Sachs. |
| 0:49.4 | Goldman Sachs, indeed, very good, Mr. Smith decided to let his bosses know he was leaving |
| 0:58.5 | by publishing this op-ed in the Timesy. |
| 1:01.1 | He said, all Goldman Sachs cared about was making money. |
| 1:04.4 | He also expressed shock and dismay that fish, swam, and birds flew. |
| 1:11.0 | He said that the company only cares about profits. |
| 1:13.6 | What did he think? |
| 1:15.1 | Goldman Sachs would be interested in making artisanal cheeses? |
| 1:20.8 | So people who don't like Wall Street reacted to this by saying, I told you so. |
| 1:24.4 | And Wall Street Insider said that, you know, Mr. Smith was disgruntled because he didn't |
| 1:27.8 | get the bonus or promotion he deserved. |
... |
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