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Gerald Epstein

Gerald Epstein

American psychiatrist

Aug 27, 2026

9:35
And, you know, again, you could go into some of the details on what the proposal would be if we were to look to go that direction in the U.S.,
9:42
Yeah, so in fact, in New York, Irene Tung and Paul Son wrote this proposal.
9:51
And in fact, in New York, there are some just cause firing protections, but in very few other places, there are.
9:58
And part of this is just fairness.
10:01
I mean, it's being fair to workers.
10:03
They shouldn't be able to be fired just for no reason at all.
10:06
As the Trump administration erodes rules against firing on the basis of race or gender.

25 MINS LATER

34:49
And, you know, we're just having our, you know, what's the best way to do it.
43:04
How do you avoid bailouts?
43:06
Mark Jarzombek and I argue that we should not have any bailouts for Trump cronies.
43:12
A lot of what's going on now in the crypto space, in AI and so forth, involves cronies of the Trump family and Trump himself, special favors for AI companies, special favors in the crypto space.
43:26
And our concern is that if and when these get into trouble, and they likely will, that there's gonna be a s- specialized bailouts from the, uh, Trump administration for these actors.
43:38
So first of all, we say none of that.
43:40
Second of all, we say there's a procedure out there set up in the Dodd-Frank Act of, of 2011 for dealing with banks and other institutions that get into trouble, and that is working through, uh, bankruptcy processes, et- et cetera.
43:56
We say we should follow those rules, uh, when banks and other institutions get into trouble.
47:49
Can we, uh, [laughs] alter that, uh, posture?

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