Listen To Today's Podcast

Podcast 228 – Bernie Sanders Draws Huge Crowd in Madison

Podcast 228 – Bernie Sanders Draws Huge Crowd in Madison

On Thursday’s Podcast, Ed speaks with John Nichols, Washington Correspondent for the Nation, about the meaning of the huge crowd for Bernie Sanders in Madison, WI. We are also joined by Tom Moran, Editorial page Editor for the New Jersey Star-Ledger, to discuss Chris Christie’s history of lies. Finally Ed speaks with Mark Dimondstein, President of the American Postal Workers Union, to discuss the fight to save the Postal Service.

Check out our podcasts section for archives of the Ed Schultz Podcast!

Recent Podcasts

What You Missed on TV

Ed’s rib recipe

If you really want to impress your guests on July 4th, this segment on Ed’s “Cherry Cola ribs” is a must watch.

Team Ed

Video podcasts

Jeb Bush Finds Trumps Immigration Comments Offensive

Jeb Bush Finds Trumps Immigration Comments Offensive

Republican Presidential Candidate and former Florida Gov. Jeb Bush says he is offended by businessman Donald Trump’s remarks regarding Mexico and immigrants and calls the comments outside of mainstream Republican thought. (more…)

Ring of Fire: The do nothing DOJ; Prison for steroids and Free pass for Wall Street THUGS

Ring of Fire: The do nothing DOJ; Prison for steroids and Free pass for Wall Street THUGS

In 2007, former Olympic athlete Marion Jones entered a plea of “guilty” to charges that she illegally used performance-enhancing drugs. She was sentenced to six months in a federal corrections facility. Meanwhile, of the dozens of Wall Street “banksters” who have stolen billions from all of us, only a small handful have ever done prison time. The most infamous example is Bernie Madoff, who is currently serving a life sentence.

Madoff’s mistake is that he stole from the rich (his victims included several prominent celebrities). As for the rest of these people (corporate as well as natural) – they get a virtual free pass. At the most, they buy their way out of trouble with a few paltry fines. This is what former U.S. Attorney General Eric Holder considers “getting tough” on white collar crime?

“Paltry” is the best description here. A classic example is last year’s settlement with Bank of America (BoA) for its role in the sub-prime mortgage debacle. BoA agreed to pay fines and penalties totaling between $16 and $17 billion – the highest such settlement in U.S. history. However, most of that amount was written off on BoA’s corporate tax return as a “business expense.” About half of that amount consisted of “consumer relief” measures – write-downs, refinancing and other expenses that BoA would have laid out in any event. It was the same in a previous deal with J.P. Morgan. Taking into consideration the company’s deductions and credit given for a previous settlement, that banking behemoth wound up forking over less than half of the reported settlement.

Read the rest at RingofFireRadio.com

(Video) Podcast 228 – Bernie Sanders Draws Huge Crowd in Madison

On Thursday’s Podcast, Ed speaks with John Nichols, Washington Correspondent for the Nation, about the meaning of the huge crowd for Bernie Sanders in Madison, WI. We are also joined by Tom Moran, Editorial page Editor for the New Jersey Star-Ledger, to discuss Chris Christie’s history of lies. Finally Ed speaks with Mark Dimondstein, President of the American Postal Workers Union, to discuss the fight to save the Postal Service.

The Latest

Ring of Fire: The do nothing DOJ; Prison for steroids and Free pass for Wall Street THUGS

Ring of Fire: The do nothing DOJ; Prison for steroids and Free pass for Wall Street THUGS

In 2007, former Olympic athlete Marion Jones entered a plea of “guilty” to charges that she illegally used performance-enhancing drugs. She was sentenced to six months in a federal corrections facility. Meanwhile, of the dozens of Wall Street “banksters” who have stolen billions from all of us, only a small handful have ever done prison time. The most infamous example is Bernie Madoff, who is currently serving a life sentence.

Madoff’s mistake is that he stole from the rich (his victims included several prominent celebrities). As for the rest of these people (corporate as well as natural) – they get a virtual free pass. At the most, they buy their way out of trouble with a few paltry fines. This is what former U.S. Attorney General Eric Holder considers “getting tough” on white collar crime?

“Paltry” is the best description here. A classic example is last year’s settlement with Bank of America (BoA) for its role in the sub-prime mortgage debacle. BoA agreed to pay fines and penalties totaling between $16 and $17 billion – the highest such settlement in U.S. history. However, most of that amount was written off on BoA’s corporate tax return as a “business expense.” About half of that amount consisted of “consumer relief” measures – write-downs, refinancing and other expenses that BoA would have laid out in any event. It was the same in a previous deal with J.P. Morgan. Taking into consideration the company’s deductions and credit given for a previous settlement, that banking behemoth wound up forking over less than half of the reported settlement.

Read the rest at RingofFireRadio.com