# Short Changed > A deep dive into the regulatory failures of the SEC, the corporate makeup of the Obama economic board, and the suspicious technical details of the Miracle on the Hudson. - **Show:** [The No Agenda Show](https://search.noagendashow.net/index.md) - **Episode:** 70 - **Published:** 2009-02-07 - **Length:** 1h 35m - **Topics:** Madoff Scandal, Mary Shapiro, [Smart Grid](https://search.noagendashow.net/topic/smart-grid.md), [Plunge Protection Team](https://search.noagendashow.net/topic/plunge-protection-team.md), Peanut Recall, [Flight 1549](https://search.noagendashow.net/topic/flight-1549.md) - **Web page:** https://search.noagendashow.net/episode/70-short-changed ## About this episode The Securities and Exchange Commission faces intense scrutiny as President Obama appoints Mary Shapiro to lead the agency despite her previous oversight role at FINRA during the Bernie Madoff Ponzi scheme. Critics argue the appointment represents a systemic failure to address regulatory incompetence, specifically naming SEC officials Lori Richards and Linda Thompson for ignoring warnings from whistleblower Harry Markopolos. The financial crisis is characterized as a multi-billion dollar liability shifted onto taxpayers while corporate interests remain protected. Economic instability deepens as the Federal Reserve implements a policy change to pay interest on bank reserves, a move Adam Curry identifies as a primary driver of the current credit crunch. The Obama administration's Economic Recovery Advisory Board, featuring Jeffrey Immelt of GE and John Doerr of Kleiner Perkins, draws criticism for its heavy corporate influence. Meanwhile, PolitiFact tracks broken campaign promises regarding the S-CHIP bill review period, and the DEA continues medical marijuana raids in California despite Attorney General Eric Holder's previous signals of reform. Global crises mount as Victoria, Australia, battles record heatwaves and bushfires while London's infrastructure collapses under heavy snowfall. Technical anomalies surrounding US Airways Flight 1549 emerge as Adam Curry analyzes NTSB recordings, questioning the presence of thirty Bank of America executives on board. The episode captures the cultural zeitgeist with a critique of Christian Bale’s onset outburst and Bill Gates’ controversial mosquito stunt at a TED Talk. John C. Dvorak and Adam Curry sign off from their respective outposts in Silicon Valley and London, transitioning the broadcast to a new Sunday schedule. ## Chapters Each chapter's transcript is at its own link. The whole transcript is at https://search.noagendashow.net/episode/70-short-changed/transcript.md. ### 1. Sunday Broadcast Schedule and Host Banter (0:01–1:47) Adam Curry and John C. Dvorak discuss shifting the podcast broadcast schedule to Sundays to better distribute content throughout the week. The hosts exchange banter regarding their mental states during weekday versus weekend recordings. Dvorak prepares to deliver a detailed critique of recent financial news. Keywords: [gitmo nation](https://search.noagendashow.net/topic/gitmo-nation.md), broadcast schedule, [adam curry](https://search.noagendashow.net/topic/adam-curry.md), [john c dvorak](https://search.noagendashow.net/topic/john-c-dvorak.md), [podcasting](https://search.noagendashow.net/topic/podcasting.md), [sunday show](https://search.noagendashow.net/topic/sunday-show.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/1.md) ### 2. Bernie Madoff Victim List and SEC Incompetence (1:48–5:42) John C. Dvorak reviews a 160-page Reuters report detailing thousands of victims in the Bernie Madoff Ponzi scheme, including notable figures like Arthur Rock. The discussion focuses on the perceived incompetence of SEC officials Lori Richards and Linda Thompson. Claims are made that the regulatory body failed to keep pace with market complexity while focusing on high-profile cases like Martha Stewart. Keywords: [bernie madoff](https://search.noagendashow.net/topic/bernie-madoff.md), [sec](https://search.noagendashow.net/topic/sec.md), [reuters](https://search.noagendashow.net/topic/reuters.md), [ponzi scheme](https://search.noagendashow.net/topic/ponzi-scheme.md), lori richards, linda thompson, [financial regulation](https://search.noagendashow.net/topic/financial-regulation.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/2.md) ### 3. Mary Shapiro Appointment and Regulatory Failure (5:42–9:28) The hosts compare the scale of Martha Stewart's insider trading case to the Madoff scandal, noting a massive disparity in financial impact. John C. Dvorak criticizes President Obama's appointment of Mary Shapiro as SEC Chair, highlighting her previous leadership at FINRA during the Madoff era. The segment characterizes Shapiro as a bureaucratic hack with a history of failing to act on financial warnings. Keywords: mary shapiro, [sec](https://search.noagendashow.net/topic/sec.md), [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [martha stewart](https://search.noagendashow.net/topic/martha-stewart.md), [finra](https://search.noagendashow.net/topic/finra.md), [regulatory capture](https://search.noagendashow.net/topic/regulatory-capture.md), [financial crisis](https://search.noagendashow.net/topic/financial-crisis.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/3.md) ### 4. Financial Industry Scams and Taxpayer Liability (9:29–12:54) Adam Curry posits that the financial crisis is a "ponzi on top of a ponzi" designed to stick US taxpayers with a $50 billion bill. The hosts examine Mary Shapiro's appearance on the cover of Equities Magazine and her role in consolidating NYSE regulation into FINRA. They argue that the current financial system is a rigged scam where wealth is extracted and then backstopped by the public. Keywords: taxpayer bailout, [ponzi scheme](https://search.noagendashow.net/topic/ponzi-scheme.md), [wall street](https://search.noagendashow.net/topic/wall-street.md), mary shapiro, [finra](https://search.noagendashow.net/topic/finra.md), equities magazine, [financial fraud](https://search.noagendashow.net/topic/financial-fraud.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/4.md) ### 5. Timothy Geithner and the Plunge Protection Team (12:55–14:33) John C. Dvorak describes Treasury Secretary Timothy Geithner's first press conference as a hollow photo op. The discussion references the President's Working Group on Financial Markets, colloquially known as the Plunge Protection Team. The hosts critique the lack of substance in early administration briefings regarding market stability. Keywords: [timothy geithner](https://search.noagendashow.net/topic/timothy-geithner.md), [c-span](https://search.noagendashow.net/topic/c-span.md), [treasury secretary](https://search.noagendashow.net/topic/treasury-secretary.md), [plunge protection team](https://search.noagendashow.net/topic/plunge-protection-team.md), [financial markets](https://search.noagendashow.net/topic/financial-markets.md), [photo op](https://search.noagendashow.net/topic/photo-op.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/5.md) ### 6. Obama Economic Recovery Advisory Board Members (14:34–18:09) President Obama's Economic Recovery Advisory Board is scrutinized for its heavy inclusion of corporate CEOs and venture capitalists. Named members include Jeffrey Immelt of GE, John Doerr of Kleiner Perkins, and Charles Phillips of Oracle. The hosts characterize this alliance between government and major corporations as a move toward corporatism or fascism. Keywords: [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [jeffrey immelt](https://search.noagendashow.net/topic/jeffrey-immelt.md), [john doerr](https://search.noagendashow.net/topic/john-doerr.md), [corporatism](https://search.noagendashow.net/topic/corporatism.md), [fascism](https://search.noagendashow.net/topic/fascism.md), economic advisory board, [general electric](https://search.noagendashow.net/topic/general-electric.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/6.md) ### 7. Mary Shapiro Conflict of Interest Allegations (18:10–19:43) John C. Dvorak highlights Mary Shapiro's positions on the boards of directors for Duke Energy and Kraft Foods while serving in regulatory roles. The hosts argue that these ties constitute a clear conflict of interest for the head of the SEC. Dvorak also addresses listener emails regarding his political neutrality, stating that both major parties serve the same interests. Keywords: mary shapiro, [duke energy](https://search.noagendashow.net/topic/duke-energy.md), kraft foods, [conflict of interest](https://search.noagendashow.net/topic/conflict-of-interest.md), [board of directors](https://search.noagendashow.net/topic/board-of-directors.md), sec chair [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/7.md) ### 8. Federal Reserve Interest on Bank Reserves (19:43–24:59) Adam Curry identifies an October 6, 2008, Federal Reserve policy change as a "smoking gun" for the credit crunch. The Fed began paying interest on both required and excess bank reserves, which Curry argues incentivized banks to hoard TARP money rather than lending it. The hosts discuss how this policy shift correlates with the dramatic Dow Jones Industrial Average slide in late 2008. Keywords: [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md), [dow jones](https://search.noagendashow.net/topic/dow-jones.md), credit crunch, [tarp](https://search.noagendashow.net/topic/tarp.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), bank reserves, [market crash](https://search.noagendashow.net/topic/market-crash.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/8.md) ### 9. Market Manipulation and the Oil Price Rigging (25:00–28:36) The hosts discuss the historical precedent for market crashes being triggered by specific regulatory or legal actions, such as the DOJ case against Microsoft. They argue that the "peak oil" narrative was a manufactured scam used to justify price run-ups. The segment concludes that the stock market is fundamentally rigged and manipulated by large financial institutions like Morgan Stanley. Keywords: market rigging, [peak oil](https://search.noagendashow.net/topic/peak-oil.md), [morgan stanley](https://search.noagendashow.net/topic/morgan-stanley.md), [lehman brothers](https://search.noagendashow.net/topic/lehman-brothers.md), [stock market](https://search.noagendashow.net/topic/stock-market.md), price manipulation [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/9.md) ### 10. PolitiFact Obameter and Broken Campaign Promises (28:38–31:30) The "Obameter" on PolitiFact.com is used to track President Obama's progress on 500+ campaign promises. The hosts highlight the failure of the "sunlight before signing" promise, noting that bills like S-CHIP were rushed through without the promised five-day public review period. They also question the status of the promised $3,000 tax credit for companies that create jobs. Keywords: [politifact](https://search.noagendashow.net/topic/politifact.md), obameter, [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [campaign promises](https://search.noagendashow.net/topic/campaign-promises.md), [transparency](https://search.noagendashow.net/topic/transparency.md), [tax credits](https://search.noagendashow.net/topic/tax-credits.md), s-chip [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/10.md) ### 11. Barack Obama Audiobooks and Christian Bale Rant (31:30–35:24) Adam Curry plays clips of Barack Obama reading his own audiobooks, specifically sections where he quotes colorful characters using profanity. This leads to a discussion about actor Christian Bale's leaked verbal outburst on the set of Terminator Salvation. The hosts critique Hollywood "asshole culture" and the tendency of the public to defend celebrity behavior. Keywords: [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [audiobooks](https://search.noagendashow.net/topic/audiobooks.md), [profanity](https://search.noagendashow.net/topic/profanity.md), [christian bale](https://search.noagendashow.net/topic/christian-bale.md), terminator salvation, [celebrity culture](https://search.noagendashow.net/topic/celebrity-culture.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/11.md) ### 12. Smart Grid Surveillance and MIT Research (35:25–38:57) The hosts express skepticism regarding the $90 billion "smart grid" initiative included in the economic recovery plan. Adam Curry suggests the grid is a surveillance tool that will allow the government to monitor and control individual household devices. They speculate that the technology could be used to remotely shut off power to political dissidents or critics of the administration. Keywords: [smart grid](https://search.noagendashow.net/topic/smart-grid.md), [mit](https://search.noagendashow.net/topic/mit.md), [surveillance](https://search.noagendashow.net/topic/surveillance.md), energy control, [conspiracy theory](https://search.noagendashow.net/topic/conspiracy-theory.md), [power grid](https://search.noagendashow.net/topic/power-grid.md), [infrastructure](https://search.noagendashow.net/topic/infrastructure.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/12.md) ### 13. Australian Heatwave and Victoria Bushfires (39:00–41:51) A report on the extreme heatwave in Victoria, Australia, describes temperatures reaching 46 degrees Celsius (115 degrees Fahrenheit). The hosts discuss the resulting bushfires and the physical dangers of the heat, comparing it to the climate in Phoenix, Arizona. They express concern for their Australian listeners currently facing these emergency conditions. Keywords: [australia](https://search.noagendashow.net/topic/australia.md), [victoria](https://search.noagendashow.net/topic/victoria.md), [bushfires](https://search.noagendashow.net/topic/bushfires.md), [heatwave](https://search.noagendashow.net/topic/heatwave.md), [climate](https://search.noagendashow.net/topic/climate.md), [phoenix](https://search.noagendashow.net/topic/phoenix.md), temperature conversion [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/13.md) ### 14. London Snowfall and Government Incompetence (41:52–45:06) London and the surrounding UK regions experienced significant snowfall that paralyzed transportation and exhausted salt supplies. The hosts criticize Prime Minister Gordon Brown and local politicians for failing to issue timely stay-at-home orders. An anecdote is shared about a "snowcock" sculpture built by Curry's family that remained in their yard for three days. Keywords: [london](https://search.noagendashow.net/topic/london.md), [snow](https://search.noagendashow.net/topic/snow.md), [cornwall](https://search.noagendashow.net/topic/cornwall.md), [gordon brown](https://search.noagendashow.net/topic/gordon-brown.md), infrastructure failure, [weather](https://search.noagendashow.net/topic/weather.md), [emergency services](https://search.noagendashow.net/topic/emergency-services.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/14.md) ### 15. Jeremy Clarkson Controversy and BBC Salaries (45:07–47:01) Top Gear host Jeremy Clarkson faced criticism after calling Prime Minister Gordon Brown a "one-eyed Scottish idiot" during a press conference in Australia. The hosts also discuss the BBC's refusal to disclose top presenter salaries under the Freedom of Information Act. They note the BBC Radio budget of £460 million and the high percentage allocated to top talent. Keywords: [jeremy clarkson](https://search.noagendashow.net/topic/jeremy-clarkson.md), [top gear](https://search.noagendashow.net/topic/top-gear.md), [gordon brown](https://search.noagendashow.net/topic/gordon-brown.md), [bbc](https://search.noagendashow.net/topic/bbc.md), radio budget, [freedom of information](https://search.noagendashow.net/topic/freedom-of-information.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/15.md) ### 16. Medical Marijuana Raids and Eric Holder (47:02–52:08) Despite campaign promises to end federal interference in states with legal medical marijuana, DEA agents conducted raids on California dispensaries. The hosts discuss Attorney General Eric Holder's role and a letter from Congress urging him to allow the University of Massachusetts to grow marijuana for research. They argue that the administration is failing to deliver on promised drug policy reforms. Keywords: [medical marijuana](https://search.noagendashow.net/topic/medical-marijuana.md), [dea](https://search.noagendashow.net/topic/dea.md), [eric holder](https://search.noagendashow.net/topic/eric-holder.md), [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [california](https://search.noagendashow.net/topic/california.md), university of massachusetts, [drug policy](https://search.noagendashow.net/topic/drug-policy.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/16.md) ### 17. Celebrity Hypnosis and the Obama Cult of Personality (52:08–54:40) Adam Curry describes the "Obama bot" phenomenon in Hollywood, citing actress Anna Friel's enthusiastic support for the president as an example of cultural hypnosis. The hosts discuss how celebrity culture and pharmaceutical use have created a "drugged and hypnotized" public. They argue that this prevents citizens from recognizing the true nature of political power. Keywords: [obama bots](https://search.noagendashow.net/topic/obama-bots.md), anna friel, [celebrity culture](https://search.noagendashow.net/topic/celebrity-culture.md), [hypnosis](https://search.noagendashow.net/topic/hypnosis.md), pushing daisies, [media influence](https://search.noagendashow.net/topic/media-influence.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/17.md) ### 18. Fractal Recognition and Rose-Colored Glasses (54:41–59:41) Adam Curry explains his "fractal recognition" capability, which he claims allows him to see media and technology trends years ahead of others. He uses the metaphor of "rose-colored glasses" to describe how he perceives the world, suggesting that taking them off allows him to see the "ugliness" of reality. He jokingly proposes selling "crackpot" glasses to listeners. Keywords: [fractals](https://search.noagendashow.net/topic/fractals.md), visionary, rose-colored glasses, [perception](https://search.noagendashow.net/topic/perception.md), [media trends](https://search.noagendashow.net/topic/media-trends.md), [crackpot](https://search.noagendashow.net/topic/crackpot.md), [business strategy](https://search.noagendashow.net/topic/business-strategy.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/18.md) ### 19. Tim O'Reilly and Early Internet Innovation (59:42–1:01:20) The hosts discuss Tim O'Reilly's early contributions to the internet, including his work with The Well and the creation of the Global Network Navigator (GNN). They reflect on how being "too far ahead of the time" can prevent innovators from achieving the massive wealth seen during the late 90s dot-com boom. Curry compares his own early ventures in online video and audio to O'Reilly's trajectory. Keywords: [tim o'reilly](https://search.noagendashow.net/topic/tim-o-reilly.md), o'reilly media, global network navigator, [world wide web](https://search.noagendashow.net/topic/world-wide-web.md), the well, [internet history](https://search.noagendashow.net/topic/internet-history.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/19.md) ### 20. California Budget Crisis and State Furloughs (1:01:21–1:03:08) California faces a $42 billion budget shortfall, leading Governor Arnold Schwarzenegger to implement mandatory furloughs for 200,000 state employees. The hosts discuss the closure of state offices, including the DMV, and the potential for panic if welfare and unemployment checks are delayed. They note that many other US states are facing similar fiscal emergencies. Keywords: [california](https://search.noagendashow.net/topic/california.md), [arnold schwarzenegger](https://search.noagendashow.net/topic/arnold-schwarzenegger.md), budget shortfall, [furloughs](https://search.noagendashow.net/topic/furloughs.md), state employees, [unemployment benefits](https://search.noagendashow.net/topic/unemployment-benefits.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/20.md) ### 21. Bill Gates Mosquito Stunt at TED (1:03:09–1:05:30) During a TED Talk in Long Beach, Bill Gates released a jar of mosquitoes to illustrate the impact of malaria, stating there is no reason only poor people should experience it. The hosts argue this violated California laws regarding the importation of disease vectors. They criticize the stunt as a callous gag that would have resulted in legal trouble for anyone less wealthy than Gates. Keywords: [bill gates](https://search.noagendashow.net/topic/bill-gates.md), [ted talk](https://search.noagendashow.net/topic/ted-talk.md), [malaria](https://search.noagendashow.net/topic/malaria.md), [mosquitoes](https://search.noagendashow.net/topic/mosquitoes.md), [california law](https://search.noagendashow.net/topic/california-law.md), disease vectors, agricultural regulation [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/21.md) ### 22. Bush Family Land Investments in Paraguay (1:05:31–1:07:23) The hosts discuss reports that the Bush family has purchased significant land holdings in Paraguay, specifically over the Guarani Aquifer. While some speculated the land was for a post-revolutionary retreat, the hosts characterize it as a strategic investment in water resources. They compare the move to the plot of the film Chinatown. Keywords: [bush family](https://search.noagendashow.net/topic/bush-family.md), [paraguay](https://search.noagendashow.net/topic/paraguay.md), aquifer, land investment, [water rights](https://search.noagendashow.net/topic/water-rights.md), [south america](https://search.noagendashow.net/topic/south-america.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/22.md) ### 23. FEMA Peanut Butter Recall and Stuart Parnell (1:07:25–1:11:50) FEMA distributed food kits in Kentucky and Arkansas that contained peanut butter linked to a nationwide salmonella outbreak. The hosts name Stuart Parnell, president of Peanut Corp of America, as the individual responsible for knowingly shipping tainted products. They express outrage that Parnell has not faced criminal charges despite the deaths associated with the contamination. Keywords: [fema](https://search.noagendashow.net/topic/fema.md), [salmonella](https://search.noagendashow.net/topic/salmonella.md), peanut corp of america, stuart parnell, [fda](https://search.noagendashow.net/topic/fda.md), [food safety](https://search.noagendashow.net/topic/food-safety.md), [recall](https://search.noagendashow.net/topic/recall.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/23.md) ### 24. February Market Crash Prediction (1:11:51–1:13:27) Adam Curry predicts a massive market crash around February 13, 2009, coinciding with the passage of the stimulus bill. He argues that the event is orchestrated and will lead to a period where traditional currency loses significant value. John C. Dvorak expresses skepticism about the specific date but agrees that the economy remains in a deep hole. Keywords: market prediction, [crash](https://search.noagendashow.net/topic/crash.md), [gold](https://search.noagendashow.net/topic/gold.md), february 13, [economic cycle](https://search.noagendashow.net/topic/economic-cycle.md), [financial collapse](https://search.noagendashow.net/topic/financial-collapse.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/24.md) ### 25. Economic Models and Historical Innovation Cycles (1:13:31–1:18:20) The hosts discuss various economic theories, including the British model of bank insurance and the "bad bank" concept. They reflect on the history of economic thought from Karl Marx to Milton Friedman and predict a new economist will emerge to explain the current crisis. Dvorak looks back to the innovation boom of 1890, featuring Tesla and Edison, as a potential model for a future recovery. Keywords: [milton friedman](https://search.noagendashow.net/topic/milton-friedman.md), [john maynard keynes](https://search.noagendashow.net/topic/john-maynard-keynes.md), [stagflation](https://search.noagendashow.net/topic/stagflation.md), bad bank, [innovation](https://search.noagendashow.net/topic/innovation.md), [tesla](https://search.noagendashow.net/topic/tesla.md), edison [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/25.md) ### 26. Understanding Swaps and Harry Markopolos (1:18:21–1:22:06) John C. Dvorak references the book "Understanding Swaps" to highlight the explosive growth of the derivatives market since the 1970s. The hosts praise Harry Markopolos, the whistleblower who repeatedly warned the SEC about Bernie Madoff's Ponzi scheme. They discuss the staggering scale of outstanding swaps, estimated by some to reach 1.4 quadrillion dollars. Keywords: [credit default swaps](https://search.noagendashow.net/topic/credit-default-swaps.md), [harry markopolos](https://search.noagendashow.net/topic/harry-markopolos.md), [bernie madoff](https://search.noagendashow.net/topic/bernie-madoff.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), financial history, john f marshall [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/26.md) ### 27. Personal Submersibles and Microsoft History (1:22:07–1:25:33) A discussion about personal submarines leads into an anecdote about the early history of Microsoft and Digital Research. John C. Dvorak recounts how Bill Gates allegedly "scammed" the creator of MS-DOS and later worked to undermine Gary Kildall's CPM operating system. The segment details the competitive tactics used by Microsoft to dominate the early PC market. Keywords: [submarines](https://search.noagendashow.net/topic/submarines.md), [bill gates](https://search.noagendashow.net/topic/bill-gates.md), gary kildall, [cpm](https://search.noagendashow.net/topic/cpm.md), [microsoft](https://search.noagendashow.net/topic/microsoft.md), digital research, ms-dos [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/27.md) ### 28. US Airways Flight 1549 Technical Discrepancies (1:25:36–1:30:31) Adam Curry, an experienced pilot, analyzes the NTSB recordings of the "Miracle on the Hudson." He points out three suspicious elements: the pilot using the wrong call sign, the Airbus computer's potential role in shutting down engines prematurely, and the lack of audible warning bells in the cockpit. Curry suggests the official narrative of a double bird strike may be incomplete. Keywords: [flight 1549](https://search.noagendashow.net/topic/flight-1549.md), [hudson river](https://search.noagendashow.net/topic/hudson-river.md), [airbus](https://search.noagendashow.net/topic/airbus.md), [bird strike](https://search.noagendashow.net/topic/bird-strike.md), [ntsb](https://search.noagendashow.net/topic/ntsb.md), cockpit recording, [aviation safety](https://search.noagendashow.net/topic/aviation-safety.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/28.md) ### 29. Bank of America Executives and Flight 1549 Theories (1:30:32–1:32:29) The hosts discuss the presence of 30 Bank of America executives on US Airways Flight 1549. They speculate on various theories, including "warring bank factions" and the timing of the bank's request for $18 billion to acquire Merrill Lynch. Adam Curry suggests monitoring the future safety of these executives for any unusual patterns. Keywords: [bank of america](https://search.noagendashow.net/topic/bank-of-america.md), [merrill lynch](https://search.noagendashow.net/topic/merrill-lynch.md), [flight 1549](https://search.noagendashow.net/topic/flight-1549.md), [conspiracy theory](https://search.noagendashow.net/topic/conspiracy-theory.md), [vatican](https://search.noagendashow.net/topic/vatican.md), financial hitman [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/29.md) ### 30. Show Outro and Donation Requests (1:32:30–1:35:16) The hosts conclude the episode by announcing plans for future shows on Thursdays and Sundays. Adam Curry mentions setting up a PayPal account for listener donations and promises to produce new show jingles. They sign off from their respective "Gitmo Nation" locations in London and Silicon Valley. Keywords: [paypal](https://search.noagendashow.net/topic/paypal.md), [donations](https://search.noagendashow.net/topic/donations.md), [jingles](https://search.noagendashow.net/topic/jingles.md), [no agenda](https://search.noagendashow.net/topic/no-agenda.md), [adam curry](https://search.noagendashow.net/topic/adam-curry.md), [john c dvorak](https://search.noagendashow.net/topic/john-c-dvorak.md), [gitmo nation](https://search.noagendashow.net/topic/gitmo-nation.md) [Chapter transcript](https://search.noagendashow.net/episode/70-short-changed/chapter/30.md) - [Previous episode](https://search.noagendashow.net/episode/69-the-third-shoe-show.md) - [Next episode](https://search.noagendashow.net/episode/71-be-wilder-ment-the-queen.md) --- This is the markdown version of a page on The No Agenda Show for AI agents. 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