Episode Details

This week we zoomed out to take stock of the greatest financial heist in recorded history. Sixteen years of bailouts, money printing, and acronym soup that kept corporate America whole while the rest of us fell further behind. And then we took a quick detour into crypto, where Bitcoin is quietly creeping back up and the guy sitting on $62 billion worth of it really wants you to think that’s a sign you should buy in.

Chapters

Intro: 00:00:00

Quick Takes: 00:00:44

Max Notes: 00:06:01

Killer Left Take of the Week: 00:20:45

Chart of the Week: 00:23:05

Headlines: 00:26:07

Pod Love + Book Love: 00:28:46

Outro: 00:30:01

Resources

ProPublica: Bailout Tracker: Tracking Every Dollar and Every Recipient

U.S. Department of the Treasury: Troubled Asset Relief Program (TARP)

MIT Sloan: Here’s how much the 2008 bailouts really cost

Levy Economics Institute: A Detailed Look at the Fed’s Bailout by Funding Facility and Recipient

Parker Poe: Summary of the $2 Trillion Federal CARES Act

U.S. Department of the Treasury: Airline and National Security Relief Programs

Brookings Institution: What did the Fed do in response to the COVID-19 crisis?

U.S. Small Business Administration: Paycheck Protection Program

U.S. Congressional Budget Office: Estimated Budgetary Effects of H.R. 5376, the Inflation Reduction Act of 2022

Good Jobs First: Subsidy Tracker Top 100 Parent Companies

The Majority Report w/ Sam Seder: Mamdani Is Rewriting The Democratic Playbook

Bloomberg: Bitcoin’s Stealth Rally Has Traders Setting Sights on $80,000

Bloomberg: Climate Change Is Already Showing Up in the Cost of Living

Mother Jones: Number Go Up. The Oligarchy in Overdrive

WSWS: El Salvador’s Bukele regime stages mass show trial for nearly 500 alleged gang members

Pod Love

Straight White American Jesus: Project 2025 in Action

Book Love

Quinn Slobodian and Ben Tarnoff: Muskism: A Guide for the Perplexed

UNFTR Resources

Essay: What Will the Next Bailout look like?

Video: White House Assassination Plot, Bailout Coming, and Fed's Dangerous Gamble

Video: MT