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Thomas Paine Podcast

Part 5 -- Paine Hits a Higher Gear and No DC Posers Are Safe from the Wrath of the Truth

Thomas Paine Podcast

mike moore

Daily News, Philosophy, News, Society & Culture, Politics

4.61K Ratings

🗓️ 7 February 2026

⏱️ 30 minutes

🧾️ Download transcript

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0:00.0

So in jail, I was in a place called the special housing unit, which is for the roughest, toughest, meanest people.

0:09.0

They had put me there, they said, for my own protection.

0:13.0

So I was in a 8 by 10 cell with a little slit in the door, where they would serve my food on a tray about nine inches by four inches.

0:23.6

And then as soon as I finished the evening, they'd take the tray and close it down.

0:27.6

And one of the guards said,

0:30.6

do you understand there's Wall Street's crashing?

0:34.6

I'm worried about my pension fund. What should I do? And I said, sorry,

0:41.6

Wall Street's crashing? What's happened? And he said, there's some crisis and some companies

0:47.1

are going bankrupt. I said, are you sure? And he said, yeah, it's all over the papers.

0:53.7

Everybody's, we're all terrified. We're going to lose our life savings because we have either a 401k or our pension funds. We don't know anything about money. Mr. Epstein, can you tell us, like, what's going on? Am I going to be able to afford my children's education? Am I going to be bankrupted, like this company called Lehman Brothers?

1:16.8

And there's another company in the front page today called Bear Stearns.

1:30.3

Oh, no, I said. Why? Because that's the company I was a partner in. And in fact, that was a company I had a very large investment in. So, as a great story, I didn't have my Wall Street Journal,

1:36.3

but in the early mornings you're allowed to make two phone calls, collect.

1:43.3

And when you pick up the phone, you can dial a number,

1:48.5

and when the person picks up, they say,

1:50.4

you're getting a call from the Palm Beach County Jail.

1:53.5

Will you accept reverse charges?

1:56.8

And the person either says yes,

1:59.1

and the call goes through, or the person says, no.

2:01.6

The person I called was Jimmy Kane, the president of Bear Stearns.

2:07.6

And I said, tell me what's going on.

2:11.6

And so my knowledge of the financial crisis happened with Jimmy, who was at the center of the storm, telling me about

...

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