Breaking Points with Krystal and Saagar

10/5/21: Debt Ceiling Crisis, Facebook Crash, Fed Corruption, CA Oil Spill, IATSE Strike, Fauci Documentary, Russell Brand Smears, 2020 Murder Spike, and More!

Oct 5, 2021
Charles Lehman, a crime trends expert from the Manhattan Institute, joins the discussion on pressing national issues. They dive into the alarming rise of violent crime since 2020, examining the causes behind this trend. Lehman also addresses the ethical conflicts in finance, particularly regarding the Federal Reserve's integrity. They tackle the fallout from significant tech failures like Facebook’s crash and its broader implications on communication and social dynamics. The conversation wraps up with critiques of public trust in health officials amid the pandemic.
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INSIGHT

Debt Ceiling's True Nature

  • The debt ceiling crisis is a uniquely American political problem, stemming from an arbitrary historical relic.
  • It reflects Congress's struggle to pay bills they already authorized, unrelated to fiscal responsibility.
ANECDOTE

Biden's Debt Ceiling Plea

  • President Biden highlighted the dire economic consequences of not raising the debt ceiling, including job losses and market instability.
  • He blamed Republicans for obstructing the process and refusing to share responsibility for raising the limit.
INSIGHT

Facebook's Algorithm and Culture War

  • Facebook's algorithm prioritizes emotionally charged and outrageous content to boost engagement, knowingly amplifying negativity.
  • This intentional design fuels the culture war, making the platform more toxic but profitable.
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