BLOWING THE LID OFF THE BILLIONAIRES' BIG CON
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 27 February 2021
⏱️ 57 minutes
🧾️ Download transcript
Summary
Blowing the lid off the billionaires’ big con — and its deadly link to the coronavirus pandemic. Who wants to be a rich man in a poor country?
Prof. Richard Wolff - What the bond market is, how it works, and why the average person should understand and pay attention to it (or not)?
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Transcript
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| 0:00.0 | This is the Tom Hartman program. |
| 0:17.3 | And grittings my friends, Patriots, lovers of democracy, truth and justice, believers |
| 0:22.8 | and peace, freedom in the American way, a lot going on in the world we will be getting |
| 0:27.5 | to as we go through the program today. |
| 0:29.2 | I want to start off talking about the billionaire's big con and where the GOP is at in America |
| 0:34.2 | right now and how it got there and what this means for the future of this country. |
| 0:39.6 | Professor Richard Wolfe is going to drop by. |
| 0:41.2 | I want to ask him the 30 year treasury bonds are now above 2%. |
| 0:46.2 | What does that mean? |
| 0:47.2 | What is the bond market? |
| 0:49.4 | Why should we care? |
| 0:50.4 | How does that affect our lives? |
| 0:52.1 | And for people who want to invest, what does that mean? |
| 0:54.8 | What I wanted to start with, you know, kind of a billionaire's big con and the whole, |
| 0:59.9 | this whole question of the Republican Party, you know, there's, in fact, there's an op-ed |
| 1:07.2 | in today's financial times by Simon Cooper. |
| 1:12.5 | And it's titled, do Republicans even want government to exist? |
| 1:16.8 | I mean, just let that question sink in for a moment. |
| 1:20.7 | Do Republicans even want government to exist? |
| 1:24.2 | He talks about how, you know, the big news story right now is how you've got the Trump |
| 1:30.0 | Republicans versus the establishment of conservative Republicans. |
| 1:34.0 | You've got the Jim Jordan's versus the Liz Cheney's. |
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