Cote’s Weblog


Friday, October 3rd, 2008 at 10:32 am

Episode 137 - “Take dead aim on the rich boys. Get them in the crosshairs. And take them down.”

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You guys have it real easy. I never had it like this where I grew up. But I send my kids here. Because, the fact is, whether you deserve it or not: you go to one of the best schools in the country.

Rushmore. You lucked out.

Now, for some of you it doesn’t matter. You were born rich, and you’re going to stay rich. But here’s my advice to the rest of you: take dead aim on the rich boys. Get them in the crosshairs. And take them down.

Just remember: they can buy anything. But they can’t buy backbone. Don’t let them forget that. Thank you.

Mr. Blume, Rushmore

In this episode, I welcome Charles back State-side by bombarding him with questions about what the hell is happening with this financial stuff. I think we get to 2 or 3 good theories, but as Charles says, it’s off course all ass Talk. We’re not SmartAndFinancial.com, afterall.

We then sort out when Charles and Silva are going to finally move to Austin (March, 09, it seems), and then I get off on a tear on how Texas needs to best California.

Overall, I’d say this is a damn fine episode.

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2 Responses to “Episode 137 - “Take dead aim on the rich boys. Get them in the crosshairs. And take them down.””

  1. rawheiser Says:

    TRUST. The thing causing all the pain is that lending is based on trust (me trusting that you will pay me back). If you sell me bad notes backing bad loans, how can I trust you any more? And maybe I get a little paranoid and stop trusting others. Then it all starts to fall into the toilet bowl.

    Great podcast guys, keep up the good work.

  2. Matt Ray Says:

    This American Life explains roots of the current financial meltdown.
    http://www.thisamericanlife.org/Radio_Episode.aspx?episode=365

    Time to invest in soup and bunker futures.

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