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The REAL Reason We're Giving $40 Billion To Argentina Is UNBELIEVABLE!
Manage episode 515306479 series 10405
The Trump administration's proposed $40 billion bailout to Argentina would seem to contradict Trump's "America First" rhetoric and shows this President is willing to treat the US treasury like a cash register doling out ungodly sums of taxpayer dollars to global billionaire interests.
As Jimmy and Americans' Comedian Kurt Metzger discuss, the bailout is structured in a way that allows private hedge funds — such as those tied to billionaire Rob Citrone and Treasury Secretary Scott Bessant — to reap profits while U.S. taxpayers absorb the risk. Jimmy also points out that the policy is being pushed despite Argentina's poor economic track record and adverse impact on U.S. farmers (especially soybean and beef producers) in a trade war context.
This bailout is sadly just another part of a broader system where government subsidies favor elite global interests while American workers and everyday citizens get the shaft but still get to foot the bill.
Plus segments on Trump's abandonment of "America First" to screw over U.S. cattle ranchers and YET ANOTHER serious question raised about Charlie Kirk's security team.
Also featuring Stef Zamorano!
723 episodes
Manage episode 515306479 series 10405
The Trump administration's proposed $40 billion bailout to Argentina would seem to contradict Trump's "America First" rhetoric and shows this President is willing to treat the US treasury like a cash register doling out ungodly sums of taxpayer dollars to global billionaire interests.
As Jimmy and Americans' Comedian Kurt Metzger discuss, the bailout is structured in a way that allows private hedge funds — such as those tied to billionaire Rob Citrone and Treasury Secretary Scott Bessant — to reap profits while U.S. taxpayers absorb the risk. Jimmy also points out that the policy is being pushed despite Argentina's poor economic track record and adverse impact on U.S. farmers (especially soybean and beef producers) in a trade war context.
This bailout is sadly just another part of a broader system where government subsidies favor elite global interests while American workers and everyday citizens get the shaft but still get to foot the bill.
Plus segments on Trump's abandonment of "America First" to screw over U.S. cattle ranchers and YET ANOTHER serious question raised about Charlie Kirk's security team.
Also featuring Stef Zamorano!
723 episodes
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