Episode 588 • • 54:50 - 57:18
588: Velveeta Shortage!
Thom Hartmann's 401k Theory and Media Syndication Economics
The hosts critique a clip of radio host Thom Hartmann, who claims Ronald Reagan promoted 401k plans to trick working people into supporting the interests of the wealthy. The hosts dismiss this as "screwball logic," noting that the stock market is dominated by institutional investors and pension funds. They also speculate on Hartmann's earnings from his syndicated show and his work on RT.