Is the FTX crypto scandal capitalism’s fault? (Based Politics podcast)

Brad Polumbo & Hannah Cox break down the biggest financial scandal since Bernie Madoff: The implosion of cryptocurrency exchange FTX and the disgrace of Sam Bankman-Fried. They explain the complicated saga that’s left countless Americans in a lurch in a simple way that non-crypto people can easily understand — then address the question many progressives are raising: is this the fault of “unregulated capitalism”?

Then, they react to a shocking confession from a DEA agent about the War on Drugs and a New York Times report that FBI informants were thoroughly involved in the January 6 riot.  Finally, they respond to the disturbing incident where far-right commentator Ann Coulter was shouted down by left-wing activists at Cornell University, read listener comments, and drop some food hot takes.

00:00 Intro
03:40 The FTX Scandal Explained
21:06 DEA Agent Admits the War on Drugs is a Joke
27:15 NYT: FBI Had Informants Involved in Jan 6
35:00 Woke Mob Shouts Down Ann Coulter at Cornell University
43:12 Reacting to the Comments Section
52:00 Hot Takes
54:54 Outro

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#libertarian #conservative #podcast
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