meta_pixel
Tapesearch Logo
Log in
The Gist

Reinvigorating Reparations

The Gist

Peach Fish Productions

News, Daily News

4.53.7K Ratings

🗓️ 23 May 2014

⏱️ 26 minutes

🧾️ Download transcript

Summary

A massive piece in the Atlantic by Ta-Nehisi Coates takes on the issue of reparations, and expands the conversation beyond slavery to include the much more recent past, and the present. We follow up with Slate's Jamelle Bouie about what reparations would actually look like today. Then, Slate's Dear Prudence, Emily Yoffe, follows up with past advisee "Please No Baby Daddy" to see whether her advice was helpful. For the Spiel, Mike conducts our first Gist shareholders meeting—and you're one of those shareholders. Get The Gist by email as soon as it's available: slate.com/GistEmail Subscribe to the podcast in iTunes: itunes.apple.com/us/podcast/slate…id873667927?mt=2 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I am so over this situation, Peter. I'm unbumble to find something real. You know, like someone

0:07.5

you can count on, someone who actually cares about what you think. I just want someone

0:12.5

who's ready for that long-term kind of love. Whether you're looking for your next boyfriend,

0:18.9

girlfriend, casual date or just someone who truly gets you, it's waiting for you unbumble.

0:25.5

It's Friday, May 23rd, 2014, from Slate. It's the gist I'm Mike Pesca. So Michael Bloomberg

0:38.5

was an Israel-to-receiver prize called the Genesis Prize, long known for grooving out to the

0:43.8

three-size-live LP, as Mayor Bloomberg advocated that Abacab be played when he entered rooms.

0:49.1

Okay, not that sort of Genesis. Think more in the beginning, not she seems to have an invisible

0:54.9

touch. Yeah. The prize was a million dollars. And Bloomberg gave it back. He just gave it back.

1:01.5

He endowed ten separate prizes for a hundred thousand each to be awarded to do gooders who

1:06.4

advanced Jewish values. Bloomberg is after a La Billionaire. You know what we say is a billionaire,

1:11.4

but he's not just a billionaire. And multi-billionaire doesn't quite get added either. I mean,

1:16.2

Heim Saban is a multi-billionaire. He's the guy who made mighty morphine power rangers. Bloomberg

1:22.6

is worth, according to Forbes, $32.7 billion. So that million dollar prize. It's still a million

1:29.8

dollars, but looked at another way. Like if you're Michael Bloomberg, it's .003058% of his wealth.

1:37.5

So let's just put this into context. To Bloomberg, that million dollars was to Bloomberg.

1:44.2

Watch to an actual millionaire. Someone actually worth the million dollars. Do you know how much

1:48.6

it would be to them? What's the equivalent? The answer is $30.58. A million means as much to

1:56.5

Bloomberg as $30.58 means to a millionaire. Now, a millionaire, meaning someone who's net worth

2:03.4

is a million dollars is not exceptionally rich. They're in the top 8% of the population. Well,

2:08.7

let's go right to the 1% that famous 1% versus the 99%. And while you professor Edward Wolf says

2:16.0

9 million dollars will get you into that top 1%. So what is .003058% of someone like that's net worth?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Peach Fish Productions, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Peach Fish Productions and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.