What If The Fed Bought Out The Oil Industry?
Ralph Nader Radio Hour
Ralph Nader
4.8 • 1.1K Ratings
🗓️ 16 July 2022
⏱️ 76 minutes
🧾️ Download transcript
Summary
Progressive economist, Robert Pollin, gives us his take on the causes and remedies of the current inflationary spiral, and what both the Fed and the Biden Administration can do about it. Then, Ralph welcomes back, Greg LeRoy, from Good Jobs First, the organization that tracks corporate handouts, to update us on taxpayer giveaways to the EV industry, billionaire sports franchise owners, and how the recent abortion bans may hurt those state’s economies.
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Transcript
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| 0:00.0 | I'm Tom Morello and you're listening to the Ralph Nader Radio Hour. |
| 0:03.4 | Stand up, stand up, you've been said in way too long. |
| 0:12.8 | Welcome to the Ralph Nader Radio Hour. |
| 0:14.4 | My name is Steve Scroo and along with my co-host David Feldman, David, welcome back. |
| 0:19.0 | Thank you. |
| 0:20.0 | It's good to be back. |
| 0:21.0 | It's great to have you here and it's also great to have the man of the hour Ralph Nader. |
| 0:25.0 | Hello Ralph. |
| 0:26.0 | Hello everybody. |
| 0:27.3 | Alert listeners, it's going to be a quieter program. |
| 0:29.9 | It requires a little concentration, but it's all about money. |
| 0:33.8 | Yeah, a few weeks ago we spoke with Lindsey Owens of the Groundwork Collaborative |
| 0:37.8 | who told us about what CEOs were telling their stockholders on earnings calls about inflation. |
| 0:43.2 | Turns out they were using the inflation caused by the worn Ukraine and ongoing pandemic-related |
| 0:49.1 | supply chain issues as, quote, air cover to gouge their customers. |
| 0:53.9 | This was plain old profiteering across many industries. |
| 0:57.7 | Our first guest today is distinguished comments Robert Poland was going to give his |
| 1:01.7 | his take on inflation and what some of the remedies could be. |
| 1:05.6 | What can the federal reserve do? |
| 1:07.8 | What should the Biden administration do? |
| 1:10.6 | And that's the first half to show. |
| 1:12.6 | Then we welcome back Greg LaRoy of Good Jobs First. |
... |
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