Ep 39: Bond Yields and the Feds; Musk Loses Lawsuit; Altman's Open AI; Rubio, the Jock? episode artwork

EPISODE · May 27, 2026 · 34 MIN

Ep 39: Bond Yields and the Feds; Musk Loses Lawsuit; Altman's Open AI; Rubio, the Jock?

from Plato's Cave: Economic and Media Analysis in a Dark Time · host Professors Bill Waller and Linda Robertson

On the cusp of Musk losing his lawsuit against Altman, or the Battle of the Stupid Titans, Linda takes a deep dive into Altman's charm, his hypocrisy, and why we should all be worried. Bill explains why the increase in bond yields means Trump will not get the lower interest rates he devoutly wishes for, even with his handpicked head of the Federal Reserve. Bill applies Thorstein Veblen's economic theories to argue that neither Altman nor Musk is an innovator, but each relies on the trappings of status to signal they have the Midas touch. Linda fulfills a promise to listeners to find out if Rubio was a jock in college (because of that crystal football he gave to the underwhelmed Pope).

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Ep 39: Bond Yields and the Feds; Musk Loses Lawsuit; Altman's Open AI; Rubio, the Jock?

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