Episode 2 of American Emergency; The Movement To Kill FEMA

On the Media

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4.6 • 9.1K Ratings

🗓️ 8 May 2026

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is the stock market ignoring an oil crisis? And FEMA in the aftermath of Hurricane Katrina.

Transcript

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0:00.0	The NASDAQ composite with a huge gain.
0:03.0	The stock market is hitting all-time highs despite the ongoing economic turbulence caused
0:08.9	by the Iran war.
0:10.6	Cognitive dissonance, anyone?
0:12.3	People are screaming that we are going to be running out of the supply we have.
0:15.5	We're seeing airline companies cancel flights en masse.
0:18.7	We're seeing energy rationing happening throughout parts of Asia.
0:22.0	The psychology of sticking your head in the sand. From WNYC in New York, this is on the media.
0:27.7	I'm Brooke Gladstone. And I'm Michael Lohinger. Also on this week's show, one disaster did more
0:32.7	to erode the reputation of FEMA than any other. But when Hurricane Katrina hit,
0:38.3	the agency's only employee in New Orleans was a PR guy.
0:42.2	And I responded,
0:44.0	Oh my God,
0:45.4	in capital letters with eight exclamation points.
0:48.2	Tell her that I just ate an MRE
0:50.8	and in the hallway of the Superdome
0:53.0	along with 30,000 other close friends.
0:56.1	It's all coming up after this.
1:00.2	From WNYC in New York, this is On the Media. I'm Michael Lowinger.
1:05.1	And I'm Brooke Gladstone. It's been over nine weeks since Iran essentially closed off the Strait of Hormuz,
1:12.0	the world's most crucial oil choke point.
1:15.1	As of earlier this week, just 534 ships are believed to have made it through the straight intact,
	...

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