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Transcripts For MSNBC The Last Word With Lawrence ODonnell 20240706



playing field that even with the quote, even after squandering all those even afte squandering all thos elon musk is still the second richest human being on the planet. and on that note, that does it for us tonight. rachel will be back on monday. alex will be back on tuesday, and my own show, here on msnbc, we ll be back on sunday night on 8 pm, but now it s time for the last word with ali velshi and lawrence o donnell. that was a segment after my own heart. what a world, right? a guy can lose 182 billion dollars, 182 billion dollars and just man in the world. i mean, that says it all. one doesn t need any more. with which tells you he had too much in the first place. no human being should have that much money even on paper. i am glad know about your segment about how folks are getting worried about the gas stoves in the culture wars and dr. seuss. and i remember donald knew trump talking about not enough water coming into the shower and asked to flush several t ....

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Transcripts For MSNBC The Last Word With Lawrence ODonnell 20240706



182 billion dollars 182 billion dollars and remain the second richest man in the world. that says it all. one doesn t need which tells you that he had too much in the first place and no human beings should have that much even on paper. it s ridiculous. i m glad, though, about your segment about how people are getting more worried about the gas stoves and you are talking about the culture wars and dr. seuss. and i remember don trump talking about not enough water coming into the shower and asked to flush several times to get it to work. but i m glad about that because what they re missing is the actual subversion going on in america tonight with two brown muslim guys anchoring primetime back-to-back on a major american network. i mean, go crazy. don t say it out loud. they re worried a bass about gas stoves. they re not worried about us, mehdi hassan. have a good weekend, my friend. i ll see you sunday night. you too. all right, buddy. breaking now, w ....

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 03:42:00

Not raising the debt ceiling, or does this chaos caucus just with one thing? we will burn the house down even for the house? ultimately what you are seeing, ali, is the reality of the speaker and speaker mccarthy who capitulated to every demand made by the chaos and extreme right wing of his caucus. and of course we knew some of the demands. but the full scope of the promises he made were unclear, late night backroom these that he had set off with members of his caucus. we are now learning more, but the folly of the supposed debt prioritization plan that you talked about earlier in the program, and of course my colleague senator doggett on the ways and means committee, the real consequences that it would pose for the american people. ....

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 06:42:00

And extreme right wing of his caucus. and of course we knew some of the demands. but the full scope of the promises he made were unclear, late night backroom these that he had set off with members of his caucus. we are now learning more, but the folly of the supposed debt prioritization plan that you talked about earlier in the program, and of course my colleague senator doggett on the ways and means committee, the real consequences that it would pose for the american people. this is very serious. it has serious ramifications for the american economy and for the american people, for house democrats. as we have always said in the ....

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Who Pays What First? Debt Prioritization During The COVID Pandemic


this post authored by William J. Arnesen, Jacob Conway, and Matthew Plosser
Since the depths of the Great Recession, household debt has increased from a low of $11 trillion in 2013 to more than $14 trillion in 2020 (see the New York Fed Household Debt and Credit Report). In this post, we examine how consumers’ repayment priorities have evolved over that time.
Specifically, we seek to answer the following question: When consumers repay some but not all of their loans, which types do they choose to keep paying and which do they fall behind on?
We use data from the New York Fed’s Consumer Credit Panel to construct a “head-to-head conflict among different types of debt. In other words, if a consumer chooses to repay all of their auto loans, while defaulting on their consumer debt, that would constitute a “win for auto loans over consumer debt. We then run a logistic regression to predict the overall strength of each debt type, focusing on three categories: auto ....

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