Topic: 2008 Financial Crisis

3 chapters across the catalog

58: Prop Joe
2:43:19 - 2:47:59

58: Prop Joe

George Soros and Obama, Financial Crisis, Nationalizing Banks

The hosts play a clip of George Soros expressing dissatisfaction with Barack Obama's handling of the 2008 financial crisis. Soros argues Obama should have nationalized the banks. The hosts suggest this tension informs the current "Great Reset" and the push for central bank digital currencies under the Biden-Harris administration.

27: Lift-Gate
56:56 - 59:42

27: Lift-Gate

Michael Bloomberg Defense of Redlining in 2008

In a 2008 clip, Michael Bloomberg appears to defend redlining, suggesting that the elimination of the practice led to the housing market collapse. He argued that forcing banks to lend in poor neighborhoods resulted in loans being given to individuals with poor credit, which he blamed for the subsequent economic instability.