meta_pixel
Tapesearch Logo
Log in
The Dig

David Dayen: Consider the Vampire Squid

The Dig

Daniel Denvir

News, Politics

4.81.7K Ratings

🗓️ 7 June 2017

⏱️ 73 minutes

🧾️ Download transcript

Summary

Nothing that so exposes Donald Trump as a snake oil salesman as the fact that he ran a campaign pitched at white working-class anger toward so-called globalism and then stacked his administration with representatives from Big Finance. A decade after Wall Street blew up the global economy, it is now very much in the drivers seat, sucking up as much wealth as possible from regular people and redistributing it upward to the super rich. Thanks to our advertisers at The Nation! Get a deal on magazine subscription at thenation.com/dig and find their podcast at https://www.thenation.com/authors/start-making-sense/

Transcript

Click on a timestamp to play from that location

0:00.0

This episode of The Dig is supported by The Nation, 150 years of political analysis and progressive solutions online and in print.

0:09.6

The Dig listeners can head to the nation.com backslash dig to get a six-month subscription to the nation for only $12.

0:18.4

That's the nation.com backslash dig.

0:22.4

Check out this episode's program notes

0:24.2

for that URL if you don't have a pen handy.

0:27.5

Also, be sure to listen to The Nation's podcast,

0:30.7

Start Making Sense, hosted by John Weiner.

0:34.1

New episodes every Thursday.

0:45.0

Thank you. New episodes every Thursday. Welcome to The Dig, a podcast from Jacobin Magazine.

0:49.0

My name is Daniel Denver, and I'm broadcasting from Providence, Rhode Island.

0:53.4

There is perhaps nothing that so exposes Donald Trump as a snake oil salesman

0:58.2

as the fact that he ran a campaign pitched at white working class anger at so-called globalism

1:03.7

and then stacked his administration with representatives from big finance,

1:08.2

most notably from the great vampireire Squid Goldman Sachs.

1:12.1

A decade after Wall Street blew up the global economy, it is now very much in the driver's seat

1:17.3

in doing what it does best.

1:19.5

And that is to ensure that global capitalism is maximally structured to act as a giant vacuum

1:24.9

cleaner that descends from the economic sky and sucks up as much wealth

1:29.1

as possible from regular people and redistributes it upward to the super rich.

1:34.4

Today, my guest is David Dayan, a journalist who trenchantly covers finance for a number of outlets,

1:40.1

including The Intercept and the New Republic. He is also the author of a book you should definitely check out,

1:45.8

Chain of Title, How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Daniel Denvir, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Daniel Denvir and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.