"geithner"

1 episodes tagged with this keyword

• 2018-11-23 morning 2h 2m Complete

  This episode featured an extended discussion of financial oligarchy, banking fraud, and government corruption. Mark Koernke and guest speakers analyzed the 2008 financial crisis as an engineered event orchestrated by Wall Street bankers and the Federal Reserve, detailing how derivatives, toxic assets, and accounting fraud by major lending institutions precipitated the collapse. The program examined the $700 billion TARP bailout and subsequent multi-trillion-dollar Federal Reserve interventions, arguing these represented massive wealth transfers to financial elites while ordinary Americans bore the costs. Speakers critiqued the Obama administration for continuing Bush-era policies on surveillance, indefinite detention, war expansion, and corporate capture of regulatory agencies, characterizing Obama as a puppet of offshore banking interests. The episode also covered media consolidation, the Federal Reserve's lack of transparency and accountability, and calls for auditing or nationalizing the Fed.