Hello podcasters, it's Friday and a good Friday. It is lots of fun. Bill O'Reilly is joining us

financial news. You will get nowhere else that is critical that you understand it. Really critical.

A warning I haven't made I think since about 2007. Make sure you listen to that on the podcast today.

Also Area 51 studio 54 are they the same places? Do they both trap aliens inside? We explore that and

the absence of ham in Burger King's hamburgers. They are now telling the Muslims there is no ham in hamburgers.

We explore this in so much more on today's podcast.

You're listening to the best of the Glent Back Roadrun.

Welcome to it. Hello America. It's Friday.

So I told you yesterday about repo madness. What was happening in the banking community.

If you paid attention yesterday on what was what we were talking about and what was happening.

There was a problem at the banks where they have this overnight lending system and all of the

banks have to have a certain amount of cash on hand and they do this every night. They look and

say how much money do we have in the bank? You know what? Call city bank and ask them if we can borrow

ten billion dollars. We'll sell them this and we'll buy it back tomorrow morning.

Happens all the time. Banks loan each other money all the time. Now back in 2008,

Bear Stearns started asking for money and the other banks were like,

now you're asking for an awful lot of money. I'm not really sure you're too healthy.

And so they started going to what was called the discount window where they could go to the

Fed in the middle of the night. But nobody wanted to go to the discount window because the discount

window was really, it was the walk of shame. If you went to that window, the other banks would know

that you were in trouble. So Bear Stearns went to the discount window and the Fed said,

okay, we'll write you some cash. Just to keep them afloat, just to keep everything going. But

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