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Trading was halted several times. the traumatic slide comes afte the bank revealed it had los roughly 40% of its deposits. so, you might say, i do no bank with, them why should i care let s find out joining me now to my absolut favorites, former wall stree banker and journalist founding partner of and then the thin joins us they see nbc contributor and super bowl scad there on the - if you haven t listened lately people are watching, i do no bank with first republic, wh do i need to care? because, stephanie, our whole banking system is base on what is called fractional banking system trust which means it is based o trust, and confidence. you put your hard earned money in a bank, you deposit there you can get it out whenever yo ....
Founding partner of and then the thin joins us they see nbc contributor and super bowl scad there on the - if you haven t listened lately people are watching, i do no bank with first republic, wh do i need to care? because, stephanie, our whole banking system is base on what is called fractional banking system trust which means it is based o trust, and confidence. you put your hard earned money in a bank, you deposit there you can get it out whenever yo want or so you think but the bank takes that, money and lends it out it is never in the bank. it is not in the bank. if it were in the bank, th bank could not make money. so the system works great, a long as everybody does not wan their money at the same time but the system completel breaks down when everybody run for the exit at the same time. it is, in a way, what happened during the great depression, what happened in 2008 at bea ....
The universe of lies, th universe of reality, and the four corners of deceit government, academia, scienc and media. those institutions are now corrupt and exist by virtue of deceit government, academia, science the media. corrupt. exist by virtue of to see. this is what limbaugh and th conservative movement taught people hammered into their heads afte day after day, month after month, year after year that they, the rush limbaugh o the world, the fox news of the world, are the sole source o reality. they exist in a universa reality, everyone else is in the universe of lies and when you can t trust anyon but them, the rush limbaugh wa in a fox news is you can t trust the government the governor officials government statistics. you can t trust scholars you can t trust scientists, or the mainstream media reporters. of course, knowledge what we know about the world s inescapable predicated o trust. we just can t verify firsthand ....
Science the media. corrupt. exist by virtue of to see. this is what limbaugh and th conservative movement taught people hammered into their heads afte day after day, month after month, year after year that they, the rush limbaugh o the world, the fox news of the world, are the sole source o reality. they exist in a universa reality, everyone else is in the universe of lies and when you can t trust anyon but them, the rush limbaugh wa in a fox news is you can t trust the government the governor officials government statistics. you can t trust scholars you can t trust scientists, or the mainstream media reporters. of course, knowledge what we know about the world s inescapable predicated o trust. we just can t verify firsthand the overwhelming majority of things we know about the world i wasn t there for the randomized controlled trials for the vaccine, for instance. so, what we do, we use trust a a means of coming to know abou ....
You know, throwing bombs throughout the entire process. so, you know, you see the individual, the role, the decisive role of those decisions. kevin mccarthy to not play ball. nancy pelosi to trust and empower liz cheney and then liz cheney playing the decisive role that she played in her partnership with chairman thompson, of course. not to dis any of the other members of the committee but the attempt to get cassidy hutchinson to be loyal that you just read, you know that that was also the script for everyone else who was subpoenaed or contacted by the committee and, you know, you have to assume that it worked over and over and over and over again so we re getting a glimpse of the way this white house operated, but also the way that they tried once again to cover up and to obstruct justice, and probably are still doing so. you know, charlie, have i the piece that you re talking about ....