Topic: Glass House

Senator Rand Paul questioned Treasury Secretary Timothy Geithner regarding the Federal Reserve's role in creating the housing bubble through low interest rates. Geithner defended the Fed's actions, citing the need to protect taxpayers and manage a complex economy. The hosts discuss the history of market crashes and the impact of repealing the Glass-Steagall Act on financial stability.

The hosts criticize the "Charity Industrial Complex," citing Bob Geldof and the history of Live Aid as examples of media-driven fundraising that often fails to solve underlying issues. They discuss the "Glass House" stunts in the Netherlands where DJs broadcast for a week to raise money for Darfur.