Thom Hartmann Program - 1 Hour Edition - 12/17/18 - Is the economy about to tank? With the "The Foreclosure King" fat cat Steve Mnuchin as Trump's Secretary of the Treasury, what could go wrong? Meanwhile- the Affordable Care Act struck down by a judge, Greg Palast with the latest on Georgia elections games, and-- how are Hollywood writers helping Progressives speak their truth?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 17 December 2018
⏱️ 61 minutes
🧾️ Download transcript
Summary
Thom looks at signs that we may be on the verge of a re-run of the 2008 financial crisis. David Dayan, author of 'Fat Cat- The Steve Mnuchin Story' has been studying the scam banker who has become fabulously rich exploiting tricks of the financial industry. A man called 'The Foreclosure King' is now the president's Treasury Secretary as the economy begins to tank. What could go wrong? Thom presents a survey of major CEOs that found that even they feel Trump is running our economy into the ground. Bob Ney with Talk Media News is concerned how Congress will respond to a Texas judge striking down the Affordable Care Act. Greg Palast updates us on the crazy case of the elections in Georgia. Robert Wolfson, founder of 'Writers Action Group' is helping Progressive Democrats communicate better. Thom takes fascinating calls on the subjects of proportional representation, communicating climate change, and the Affordable Care Act.
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Transcript
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| 0:00.0 | This is the Tom Hartman program. |
| 0:15.0 | Greetings my friends, patriots, lovers of democracy, truth and justice, |
| 0:22.0 | believers in peace, freedom, and the American way. |
| 0:25.8 | Let's talk about the economy a little bit, and how it's affecting you and your life, |
| 0:31.0 | the National Association of Home Builders just released a new report today. |
| 0:37.0 | Unexpectedly, this is from NASDAQ.com, right? |
| 0:41.0 | This is from the NASDAQ Stock Exchanges News Service. |
| 0:45.1 | You can find this article at NASDAQ.com. The headline is US Home Builder |
| 0:49.0 | Confidence unexpectedly slumps to three-year low in December. The National Association of Home Builders |
| 0:54.8 | released a report on Monday unexpectedly showing a continued deterioration |
| 1:00.3 | in confidence in the month of December. |
| 1:03.0 | The unexpected drop by the housing market index reflected decreases by all of the |
| 1:07.6 | components' indexes, with the index measuring current sales conditions showing |
| 1:11.8 | a notable six-point slump in December |
| 1:16.4 | over November. And by the way November had been down as well. But that's not the |
| 1:22.2 | biggest story. The biggest story |
| 1:23.7 | Bloomberg is talking about this all the all the kind of in the no folks in the |
| 1:29.7 | in the financial markets you know in the in the financial press are freaking out about this. |
| 1:35.2 | You'll recall back in 2008, late 2007, early 2008, |
| 1:41.5 | there were all these kind of leading indicators better it really hit the fan in |
| 1:45.8 | October's a August September October and I think it was particularly bad in October of |
| 1:50.3 | 2008 as I recall just just a time for the election that what happened was this |
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