On The Record (5-19-26).
Unf*cking The Republic
UNFTR Media
4.8 • 758 Ratings
🗓️ 19 May 2026
⏱️ 26 minutes
🧾️ Download transcript
Summary
This week we dug into the Treasury’s TIC data—the report nobody reads but everybody should—which shows central banks quietly stepping back from U.S. debt while private money fills the gap. That’s a problem when you’re carrying $39 trillion and yields are climbing. Then we looked at what that actually means at the kitchen table: record household debt, credit card rates near 24%, and an inflation measure that doesn’t even count the cost of carrying all that debt.
Chapters
Intro: 00:00:38
Quick Takes: 00:01:34
Max Notes: 00:06:34
Killer Left Take of the Week: 00:19:12
Chart of the Week: 00:21:25
Headlines: 00:23:00
Pod Love: 00:25:02
Book Love: 00:25:58
Outro: 00:26:15
Resources
CNBC Television: Squawk Pod: Scott Bessent from Beijing
CNBC Television: President Trump: Had extremely positive and productive meetings today
Yahoo! News: CNBC’s Jim Cramer Left Literally Speechless by Trump’s Personal Stock Trades
Bloomberg Television: US Faces Challenging Summer Gas Season, BofA’s Blanch Says
U.S. Department of the Treasury: Treasury International Capital Data for March
Signified B Sides: Kevin Hart is a Symptom...
Polygraph: Falling wages, spiraling credit card debt
New York Times: Over 100,000 Family Separations in Deportation Push, Report Estimates
Truthdig: Cuba Announces That Its Fuel Reserves Have Been Depleted
Mother Jones: Memphis Is “Under Full-Blown Occupation” by ICE. Here’s Why You May Not Know That.
Pod Love
Best of the Left: Capitalist Class Warfare: AI, Billionaire Capture, and the How to Fight Back
Book Love
UNFTR Resources
Video: On The Record 5/19/26 (Treasury Numbers Don’t Lie | Jim Cramer Melts Down | BofA Shocker)
Video: They Hide These Economic Words From You—Here’s Why
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the story of a political pundit who looked at the world around him and just said, fuck it. |
| 0:07.7 | Gives the middle finger to authority and says, kiss my ass. |
| 0:11.6 | But instead of a revolution, he started a podcast. |
| 0:15.4 | Just what the world needs. |
| 0:17.6 | He started a podcast. |
| 0:19.0 | Another basic white guy who started a podcast Another basic white guy |
| 0:20.9 | Who started a podcast |
| 0:22.8 | But it's fun because he curses |
| 0:24.8 | All through the podcast |
| 0:26.5 | On a fucking the Republic |
| 0:28.5 | We're motherfucking podcast |
| 0:30.4 | Podcast |
| 0:30.4 | You know, sometimes it's just all there in black and white. |
| 0:42.0 | That's what we're covering today. |
| 0:43.5 | I'm going to show you a report that no one ever talks about, but everyone should, |
| 0:47.9 | because Scott Besson can run, but he can't hide. |
| 0:51.7 | And I'm guessing he knows it because he's sweating and stammering more than Albert Brooks |
| 0:56.3 | in broadcast news. |
| 0:58.3 | We're going to form a board of trade. |
| 1:02.9 | Also, a Bank of America analyst dropped a truth bomb on Bloomberg and want to see a dumbass |
| 1:08.6 | have a virtual stroke on live TV? |
| 1:10.8 | I do. Donald Trump, |
... |
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