What To Look Out For
Trump, Inc.
WNYC Studios
4.6 • 5.7K Ratings
🗓️ 27 March 2020
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Before we begin a programming note, like basically everyone else, we're social distancing |
| 0:06.4 | and we're figuring things out. |
| 0:08.3 | That means the show will sound a little different today. |
| 0:11.0 | We're recording and producing it from our homes and it'll also come out on a slightly |
| 0:15.3 | different schedule. |
| 0:16.7 | For the latest, keep an eye on your podcast feed or sign up for our newsletter at trumpincpodcast.org. |
| 0:27.3 | There's this awesome power the government has. |
| 0:30.5 | It has the ability to truly pick winners and losers. |
| 0:35.4 | Some policy makers sitting in the Treasury Department or some other government agency has |
| 0:40.0 | this awesome power to say, you get the money, you go out of business. |
| 0:45.5 | One of the most important things we can do is make sure that power is exercised fairly, |
| 0:51.3 | consistently and most importantly, consistent with the policy goals that underlie this |
| 0:58.8 | extraordinary outpouring of taxpayer money. |
| 1:03.4 | This is Neil Barovsky. |
| 1:05.6 | More than a decade ago, at the peak of the last financial crisis, Barovsky was given an |
| 1:10.5 | enormous job. |
| 1:12.2 | Top watchdog for the government's $700 billion bailout, known as the Troubled Asset Relief |
| 1:18.4 | Program, or TARP. |
| 1:20.4 | And so what that means is we can't have corruption. |
| 1:24.0 | And when I'm saying corruption, I'm not just talking about bags of cash being delivered |
| 1:29.3 | to award a bailout program. |
| 1:31.3 | I'm talking about the more insidious type that is in Washington every day, the corruption |
... |
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