Behind America's Banking Crisis: What Went Wrong? | A Conversation with Economist—Former Congressman David Brat

America's Roundtable

Mar 18 2023 • 22 mins

Join America's Roundtable (https://americasrt.com/) Radio co-hosts Natasha Srdoc and Joel Anand Samy with former U.S. Congressman Dave Brat (https://gettr.com/user/brateconomics), economist, dean of the School of Business, Liberty University, and executive advisory board member, International Leaders Summit. This weekend's conversation will focus on the vital issues impacting America's citizen-stakeholders and the world: — The collapse of Silicon Valley Bank and The Signature Bank and its cost to America's taxpayers. — Spotlight on the Federal Reserve Bank and its adverse impact on the free market economy. — The future of regional banks in America. — Addressing the dangers of President Biden's ESG rules—"environmental, social and governance" placing retirement savings at risk. "Put simply, retirement savings will be used as leverage to force companies to reduce their carbon emissions and establish racial and gender quotas and other social justice fads completely unrelated to securing a high return on workers' lifetime savings....Terrence Keeley, a former executive at BlackRock, blew the whistle on this scam in the Wall Street Journal by noting that since 2017, when the ESG fad took hold, these funds have had an annual rate of return of 6.3% – versus 8.9% for the stock market as a whole. Investors lost 2.6% per year on their retirement funds. There goes the down payment on that retirement home in Arizona or Florida." — Stephen Moore (https://www.foxbusiness.com/markets/bidens-esg-investment-rules-threaten-your-retirement-savings) — The China Threat. Biography | Dr. David Brat Before coming to Liberty, Dr. Brat served in the United States Congress for Virginia’s 7th District. He served on the Budget, Education and Small Business Committees, and Chaired the subcommittee on Economic Growth, Tax and Capital Access. His knowledge base comes from years of experience in business, as an economic consultant with Arthur Andersen and the World Bank and 20+ years of work in higher education teaching economics and ethics. He worked with the Senate side of the Virginia General Assembly for seven years. He also served as the president of the Virginia Association of Economists and was a member of the Virginia Board of Accountancy. Visit: https://gettr.com/user/brateconomics @brateconomics americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @DaveBratVA7th @ileaderssummit @AmericasRT @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America’s Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America’s economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America’s Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

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