3 chapters across the catalog
EU Daylight Saving Time, Member State Sovereignty
The European Union Parliament is considering a proposal to allow individual member states to decide whether to observe daylight saving time. The hosts interpret this move as a hollow gesture of sovereignty intended to distract citizens from the EU's centralized control over more significant legislative matters.
ECB Bond Structures, Banking Union and Derivative Backing
The conversation returns to the structure of European Central Bank bonds and the creation of a banking union. The hosts discuss recent U.S. legislation that allows the FDIC to back certain banking derivatives, effectively shifting the risk of a $300 trillion global derivative market onto taxpayers. They characterize the current financial system as a series of "scams" designed to enrich elites.
The United Nations General Assembly voted to upgrade Palestine to "non-member observer state" status. US Ambassador Susan Rice delivered a harsh condemnation of the vote, which the hosts compare to a historical oratory style. The primary concern for the US and Israel is that this new status allows Palestine to access international bodies like the International Criminal Court (ICC) to file war crimes charges.
