Slate Money - The Jump Ship Edition
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 28 January 2017
⏱️ 37 minutes
🧾️ Download transcript
Summary
Hosts Felix Salmon of Fusion, Cathy O'Neil, author of Weapons of Math Destruction, and Slate Moneybox columnist Jordan Weissmann, discuss:America’s about-face on the Trans-Pacific Partnership trade deal and what that means for the country. How Citigroup and Wells Fargo were caught giving homeowners “the runaround.”Cathy’s announcement that she’ll be leaving Slate Money soon (yes, we’re as sad as you are).
Check out other Panoply podcasts at itunes.com/panoply.
Email: slatemoney@slate.com
Twitter: @felixsalmon, @JHWeissmann, @mathbabedotorg
Production by Zachary Dinerstein
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:08.2 | Hello, and welcome to the Jump Ship edition of Slate Money, your guide to the business and finance news of the week. |
| 0:20.0 | I'm Felix Sam on the Fusion. |
| 0:21.6 | I'm joined by Slate Moneybox columnist Jordan Wiseman. |
| 0:25.0 | Hello, lovely listeners. |
| 0:26.8 | And also a woman with some news, Ms. Kathy O'Neill. |
| 0:32.2 | Hi. |
| 0:32.8 | Hi. |
| 0:33.2 | That the author of Weapons of Math Destruction, we are going to be talking about her news later on in the show. You're going to want to hear that. We are also going to be talking about, well, I mean, Kathy, this is what you always want to talk about, right? It's banks behaving badly and the evil things they do. Terrible. So we're going to talk |
| 0:55.1 | about that. But first, we are going to talk about the wonderful world of Donald Trump's executive |
| 0:59.8 | orders and other signs of madness. Jordan, what, remind us what TPP is. Yes. So TPP, the Trans-Pacific |
| 1:10.4 | partnership. You may recall it was that giant |
| 1:13.1 | controversial trade deal involving, you know, 12 different nations, including the United States, |
| 1:18.5 | Canada, Mexico, Japan, Vietnam, so on and so forth, about 40, covering 40% of the world's |
| 1:24.5 | GDP, Barack Obama negotiated, and it became massively controversial. |
| 1:29.0 | So, TPP was going to be the sort of Asia-Pacific version of NAFTA. |
| 1:32.8 | Sort. Yeah. I mean, it was going to include the NAFTA nations. It was going to be... |
| 1:36.3 | Except it was not going to include China. |
| 1:38.7 | No, it was not going to include China. |
| 1:40.1 | And then we had a presidential election where both candidates said they were opposed to it. |
| 1:46.0 | Exactly. |
| 1:46.5 | And then as was promised by both candidates, once one of them was elected, the one who got elected said, I'm not going to do this. |
... |
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