PBD Podcast Sam Seder In HEATED Tax Debate With Patrick Bet-David | Ep. 250 | Part 1
9 snips
Mar 23, 2023 
Join Sam Seder, a savvy political commentator and actor known for The Majority Report, as he engages in a heated debate on whether investors should be held accountable for the SVB collapse. The discussion navigates the contentious topic of increasing or lowering taxes, alongside an analysis of the Federal Reserve's monumental $2 trillion injection into the banking system. Seder also shares insights on wealth inequality, the complexities of the taxation system, and the implications of government spending on social safety nets.
AI Snips
Chapters
Transcript
Episode notes
Meeting a Red Sox Player
- Sam Seder jokingly reveals he met a Red Sox player he admired and was unimpressed.
- This changed his perspective on hero worship.
SVB Collapse and Deregulation
- Sam Seder argues that the Silicon Valley Bank collapse stems from deregulation in 2017.
- He believes depositors with over $250,000 should face consequences for exceeding the FDIC limit.
Reckless Lending in 2008
- Patrick Bet-David recalls the reckless lending practices leading up to the 2008 financial crisis.
- He describes the 'no income, no assets' loans and how easily people qualified for mortgages.