Ep. 12.23.20: Immoral Hazard

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This Week’s Discussion:

We continue our conversation of moral hazard, or how the rich avoid the consequences of their own bad actions, in the context of the latest efforts by Trump to sabotage America.

Dave discusses moral hazard and market externalities involving Trump's sell-off of US land to mining and oil and gas interests. The devastating consequences of the Russian hacking scandal become more real to everyone who isn't the President of the United States, who is too busy pardoning the swamp and trying to overturn elections to notice.

COVID continues to devastate the country as well, even as rich people and COVID enablers seek to buy their way to the front of the vaccine line. Finally, a discussion of the on-again-off-again government funding and COVID relief bills. Or, as Moscow Mitch calls them, the "keep the Senate republican" bills.

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