The Pete Quiñones Show

The 'Robber Barons' Who Tried to Save America w/ Stormy Waters - Complete

Mar 17, 2025
Stormy Waters, a managing partner of a venture capital firm and expert in American history, dives deep into the complexities of historical narratives. The conversation explores lesser-known figures from the America First movement and the intricate ties between industrialists and fascism. Waters discusses John Pierpont Morgan's legacy, contrasting historical charitable motives with today's wealthy elite. Additionally, they analyze Lindbergh’s controversial connections to Nazi officials and the responsibilities of the elite during times of conflict, urging a reevaluation of historical perceptions.
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INSIGHT

J.P. Morgan's 1890 Bailout

  • John Pierpont Morgan personally bailed out the US in 1890 to prevent bankruptcy.
  • He leveraged all his assets and even threatened to destroy fellow bankers' stocks to force cooperation.
INSIGHT

Federal Reserve's Original Purpose

  • The Federal Reserve was designed to mitigate financial crashes, not be omnipotent.
  • FDR's changes centralized power, harming decentralized interest rates and economic stability.
INSIGHT

Duty and Sacrifice of Elites

  • Early American elites sent their sons to fight in wars, embodying duty and sacrifice.
  • Modern elites avoid such sacrifices, leading to a disconnect and more wars.
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