Bank On It

The Ricochet Podcast

Ricochet

News, Politics, News Commentary

4.8 • 1.4K Ratings

🗓️ 17 March 2023

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

To mark the third anniversary of America’s Covid lockdown hysteria Rob, James and Peter give their uncredentialed thoughts on Silicon Valley Bank’s collapse and the FDIC doing something very different than what it was created for. They think through free market solutions, the fate of little banks and the buildings and what they meant for small town America. The guys also chat with Stanford Review... Source

Transcript

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0:00.0	I will do that after Rob and then after Rob and you got to put this in you got to
0:05.2	leave this part in the show I really insist this part is in the show. Ask not what your country
0:12.8	can do for you. Ask what you can do for your country. Mr. Gorbachev, tear down this wall.
0:22.6	Read my lips.
0:24.4	It's the ricochet podcast with Peter Robinson and Rob Long. I'm James Lymex today we're just
0:32.0	going to talk amongst ourselves about banking about this about that but we got Walker Stewart
0:35.7	from the Stanford Review to talk about what happened there so let's have ourselves a podcast.
0:40.1	Let me just say this to Stanford Law students. I know federal judges at every level
0:45.4	saw this it has angered them it's going to hurt your courtship chances and I would say to
0:49.7	Stanford donors, call Stanford University president and let him know that this is unacceptable and
0:56.1	you're going to pull their funding of this if there are not consequences here. Welcome everybody
1:00.6	this is the ricochet podcast number 634 I'm James Lylex and absolutely ridiculously frigid
1:05.6	Minnesota. Peter Robinson is in California where I gather that it's its usual temperate moderate
1:11.2	state and Rob Long is in New York which could be cold could be spring who knows but gentlemen
1:18.3	enough of the weather here we are welcome. Bank news we know that Rob is chomping I'm sorry
1:24.7	champing at the bit to talk to talk before this I was saying you know none of us are going to
1:29.3	want to talk about this bank thing because what do we know all I know is that when credit
1:33.6	sweet when credit sweet seems to have trouble and you're saying the Swiss the Swiss are in trouble
1:38.8	that maybe I should be paying attention but what can I do so Rob you have something to say bank well
1:44.6	I would just say this about credit Swiss credit Swiss is really not connected to this at all credit
1:48.8	Swiss has been on it's like last leg this for the past two years I've a feeling that it's like when
1:55.6	you do a bad news dump on a Friday because you want all the bad news out for a weekend this is a lot
	...

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