Show notes
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: MTN Macro Take: The Warsh Man for the Job
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