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Lost Debate

Ep 123 | Trump Indictment?, Banks, Arkansas Youth Labor Laws

Lost Debate

The Branch

News, Politics, Society & Culture

4.6607 Ratings

🗓️ 21 March 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

Ravi, Rikki, and Joe jump into the fray on the rumored indictment of former President Donald Trump over his reported involvement with a $130,000 payment to porn star Stormy Daniels. Then the trio turns to the aftermath of Silicon Valley Bank’s implosion from last week, and the economic ricocheting that killed Signature Bank, cratered First Republic Bank’s stock, and forced Credit Suisse to sell to UBS. Finally, we look at Arkansas’ new youth hiring bill, which no longer requires 14-and-15-year-olds to obtain work permits before starting a job. [02:34] - Trump Indictment? [25:15] - Banks [43:42] - Arkansas Youth Labor Laws Leave us a voicemail with your thoughts on the show! 321-200-0570 Show Notes: https://lostdebate.com/2023/03/22/lost-debate-ep-123/ Subscribe to our feed on Spotify: http://bitly.ws/zC9K Subscribe to our YouTube channel: https://bit.ly/3Gs5YTF Subscribe to our Substack: https://thelostdebate.substack.com/ Follow Lost Debate on Instagram: https://www.instagram.com/lostdebate/ Follow Lost Debate on TikTok: https://www.tiktok.com/@lostdebate Follow Lost Debate on Twitter: https://www.twitter.com/thelostdebate The Lost Debate is also available on the following platforms:  Stitcher: https://www.stitcher.com/podcast/the-lost-debate iHeart: https://www.iheart.com/podcast/269-the-lost-debate-88330217/ Amazon Music: https://music.amazon.co.uk/podcasts/752ca262-2801-466d-9654-2024de72bd1f/the-lost-debate

Transcript

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0:00.0

But there's a couple of things here that I see out there that are just so simplified.

0:04.5

One is I'm seeing these tweet threads about who's to blame? And usually the answer is one person, right?

0:10.1

I think there's a lot of blame to go around here.

0:12.4

Silicon Valley Bank itself managed risk poorly. Some of these other banks did as well.

0:16.6

It's very obvious they didn't hedge their risk. There's a whole set of problems there.

0:20.4

People who sowed panic and participated in the panic. Some of them knew better. The Fed for its herky jerky interest rate policy certainly has some of the blame here. Lawmakers also, in my opinion, potentially to blame because they have stepped in and rolled back some of this regulation as we talked about.

0:37.6

So it seems like there's a lot of blame to go around here.

0:40.4

Now, you don't have to agree with all of those points about who's to blame,

0:42.8

but I think like trying to isolate one person is silly.

0:52.1

Welcome to The Lost Debate a show for politically eclectics.

0:54.5

I'm Ravi Gupta.

0:55.6

And I'm Rakey Schlott.

0:56.9

Well, welcome back, Joe Garvey, to help us fact-check ourselves on air.

1:02.0

We're trying to get particularly fast on the air today because this Trump stuff could, it's fast developing.

1:08.5

It could get ahead of us before we get this episode up. So, Joe, you got your hands full today. I'm ready to go. All right. Well, I'm ready to. We've got a few announcements. Sweat the Technique. One of our shows here on Lost Debate comes out with an episode on Wednesday with guest Passport Cuddy, who's an author and entrepreneur, an expert on social media. She had a great conversation

1:28.7

with Stacey Shells, one of our co-hosts who makes her first appearance. Reminder that that show is

1:32.8

all from educators talking about how they take their lessons, learn from in the classroom and in

1:37.5

schools that apply them outside of life, things like parenting, relationships, learning

1:42.3

hobbies, running businesses, et cetera. So check out that episode.

1:46.1

Ricky, what else do we got? Also out on Wednesday, the hardest step has an episode with Kelly Savage

1:51.1

Rodriguez, who was incarcerated wrongfully and spent 23 years behind bars for a wrongful conviction.

1:58.1

So that's worth a listen for sure. And also be sure to follow our social

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