Episode

6/13 Collusion: How Central Bankers Rigged the World w/ Nomi Prins

June 13, 2018

Author Nomi Prins (@nomiprins) joins us to discuss her new book, Collusion: How Central Bankers Rigged the World.

On today’s show: 74-year-old Rudy Giuliani’s still got it, had an affair with a married New Hampshire hospital administrator. High school pitcher Ty Koehn strikes out childhood friend, gives him a hug afterwards. Wisconsin Democrats win special election Scott Walker tried to keep from happening. Nazi Corey Stewart wins Republican primary in VA, setting him up to run against Tim Kaine.

Journalist and author Nomi Prins joins us to discuss the role central banking played in the financial crisis of 2008 and subsequent bank bailout. The purpose the central bank is supposed to serve: lender of last resort, regulator. A brief summary of how private banks knowingly caused the 2008 crash with their subprime mortgage pyramid scheme. How the government wound up insuring toxic assets. Why Bush and Obama gave bailout money to the banks directly, rather than homeowners who owed money to banks. The ideology driving this anti-populist decision. An explanation of quantitative easing. The problem with conjuring money from thin air and giving it to the wrong people. Are there any institutional fixes?

On the fun half: John from San Antonio on ranked choice voting. Anthony in Miami on voter suppression in Ohio. Trump’s North Korean propaganda video. Rachel Maddow’s theory that Putin is dictating Trump’s NK policy. How Elon Musk is different from pro athletes. Fox and Friends on Trump’s tweets about Robert DeNiro. Awesome anarchist/veteran/dad curses out Seattle’s city council for repealing corporate tax that would’ve helped the homeless. Domino’s Pizza steps up to repair America’s crumbling infrastructure. A caller questions the definition of money. A caller points out that a WSJ article validated Maddow’s “theory” before she even came up with it.

Consider donating to listener Lauren’s fundraiser for her mom’s medical treatment at gofundme.com/please-support-miriam.

Become a member of the Majority Report at JoinTheMajorityReport.com

Check out The Michael Brooks Show at patreon.com/tmbs

Check out Matt’s new podcast, Literary Hangover, at Patreon.com/LiteraryHangover or on iTunes.

Check out Jamie’s podcast, The Antifada, at patreon.com/theantifada or on iTunes

Follow the Majority Report crew on Twitter:

@SamSeder

@_michaelbrooks

@MattLech

@jamie_elizabeth

@Bf1nn

Past Episodes

On today's show: Trump honors Aretha Franklin at cabinet meeting by saying she worked for him on "numerous occasions." Lara Trump's call offering Omarosa $15k/month to work on Trump 2020 team. Fox News reports there's nothing to see in new Omarosa tape. Cliff Schecter (@CliffSchecter) joins ...
Eric Levitz (@EricLevitz), politics writer for New York Magazine, joins us to discuss his latest piece, "Conservatives Can’t Decide If Nordic Socialism Is a Totalitarian Nightmare or Actually Capitalist." On today's show: Trump revokes former CIA director John Brennan's security clearance; ...

On today’s show the MR crew brings you the news of the week so far.

Check out today’s sponsor! 12 issues for $6 and a free tote bag when you go to www.newyorker.com/ MAJORITY and enter my code MAJORITY at checkout

Get 10% off fair trade coffee, tea and chocolate at justcoffee.coop with coupon code “Majority”

Get confidential, text-based counseling from a licensed, fully trained, accredited therapist at BetterHelp.com/Majority

Donate to the Charlottesville Community Resilience Fund at secure.actblue.com/donate/resilience-fund

Get updates on the ongoing nationwide prison strike at supportprisonerresistance.noblogs.org/nationalprisonstrike2018/

Check out The Michael Brooks Show at patreon.com/tmbs, and the new TMBS YouTube channel for all short TMBS clips

Check out Matt’s new podcast, Literary Hangover, at Patreon.com/LiteraryHangover or on iTunes.

Check out Jamie’s podcast, The Antifada, at patreon.com/theantifada, on iTunes, or on the new Antifada Youtube channel!

Follow the Majority Report crew on Twitter:

@SamSeder

@_michaelbrooks

@MattLech

@jamie_elizabeth

@Bf1nn