Debt to America! Jon Covers the Financial Crisis Part II | TDS Time Machine

The Daily Show: Ears Edition

iHeartPodcasts and Paramount Podcasts

Comedy, Daily News, News

4.4 • 13.5K Ratings

🗓️ 23 September 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Daily Show time travels back to this day in 2008: The Secretary of Treasury had just proposed a $700 billion economic recovery plan to bail out the failing banking industry, causing outrage from American taxpayers. Jon Stewart is joined by John Oliver for an analysis on how dire the situation could get, and President Clinton sits down with Jon to break down why Americans are upset, and what the federal government could be doing instead of writing a blank check to the banks.

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Transcript

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0:00.0	Hey everyone, it's Devon Simone and I'm Tori Diel and we've got some very exciting news for
0:05.6	our fellow challenge fans. The challenge USA is back for a second season featuring fan favorite
0:11.9	contestants from your favorite CBS shows. Yes, so join us on MTV's official challenge podcast
0:17.3	as we watch CBS reality Titans compete against challenge legends for the title of America's best.
0:23.8	Listen to MTV's official challenge podcast on the iHeart Radio app, Apple podcasts,
0:28.5	or wherever you get your podcasts. You're listening to Comedy Central.
0:39.4	September 23rd, 2008. From Comedy Central's world news headquarters in New York,
0:46.6	this is the Daily Show with John Stuart.
1:04.8	Thank you very much. Welcome to the Daily Show. My name is John Stuart. What a program for you
1:11.1	tonight. Former president Bill Clinton will be our guest tonight. He'll be here on the show.
1:15.6	Hey, did you guys see Letterman last night? I'm in Los Angeles at the Emmy Awards by the way.
1:27.0	We want another little Emmy there last time. Staff and pool here. Everybody here. I'm so proud of
1:36.0	them. I'm so proud of everybody that works here. Just putting so much effort. I was so glad to see
1:42.3	that pay off, but I was coming back on the plane there and then I have little children, so I
1:45.6	helped with them the best. I didn't see it. But I heard, you know, I'm a guy in the audience that
1:56.6	that he was on and then Chris Rock was on and Chris Rock said funny things. And then
2:01.7	after that, I just started getting dizzy, you know, and everything got real dark. But
2:14.4	either way, we got a big show for you tonight. And the big story continues to be economic meltdown.
2:19.9	For anybody out there who's been living in a cave, let me just say this, congratulations.
2:25.6	You've apparently made the sound just real estate investment possible. Once again,
2:30.9	bin Laden wins.
2:34.3	With Wall Street in shambles, Frankensteinian Treasury Secretary Henry Paulson has ridden to the
	...

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