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Slate Money

Who’s The Boss?

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 22 March 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

This week: DOGE is taking its chainsaw to the Social Security Administration. Felix Salmon, Emily Peck, and Elizabeth Spiers examine the real reasons behind the Elon Musk led crusade against the SSA. And then, DOGE used extreme tactics against the US Institute of Peace including a physical takeover of the building by force. Meanwhile, the founder of Pirate’s Booty tried a similar tactic to try to gain power over his small Long Island town. The hosts discuss how these stories and recent actions by Trump call into question what authority really means when it comes to our government. And finally, Dan Primak of Axios joins to explain how a private equity firm just made the Boston Celtics the highest valued team (in dollars) in US sports history. In the Slate Plus episode: Why are US winemakers upset about a potential wine tariff?  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Slate Money, your guide to the business and finance news of the week.

0:18.5

I'm Felix Salmon of Axios. I've had a long week. I'm feeling a little bit

0:23.3

rooty this morning, but that's okay. We all get through this. I'm here with Elizabeth Spires,

0:29.0

who's perky and happy. Hello. I'm here with Emily Peck, who's not because she's been writing

0:35.9

about social security all week.

0:39.7

Hi.

0:41.0

We will talk about that.

0:46.8

We will talk about the whole philosophical construct of what does it even mean to be in charge of something.

0:55.0

We also, quite excitingly, have Dan Primac of Axios coming on to explain what just happened with the Boston Celtics, who are now, for the time being, the most valuable sports team in the world,

0:59.5

at least the most valuable one to be sold.

1:01.4

We have a Slate Plus on Wine and a fun show, so stay tuned.

1:06.5

It's all coming up on Slate Money.

1:12.0

Okay. This episode is brought to you by Vanta, stressing over cyber security, whether you're a

1:17.9

startup, growing fast, or already established. Vanta can help you get ISO-27,01 certified

1:24.7

and more. Plus, it allows your company to centralize security workflows,

1:29.8

complete questionnaires up to five times faster, and proactively manage vendor risk to help

1:34.7

your team stay compliant. Head to vanta.com slash Spotify to learn more.

1:40.7

So, Emily, you are diving into this beat of what the fuck is going on with social security.

1:51.2

It's true, it's true.

1:52.7

So let me ask you a question that I believe you've probably been asking dozens of sources around America.

2:00.5

What the fuck is going on with Social Security?

2:03.2

So right now, checks are still going out. Retirees are still getting their money. So just want to say

...

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