This week we said goodbye to Alan Greenspan, the man who spent two decades quietly rigging the economy for the wealthy, and encouraged working people to take on debt he knew would blow up in their faces (he would eventually call this a “flaw” ). Then we looked at housing starts, which just posted their worst number since COVID, with multifamily construction down 40% in a single month—because between 6.4% mortgage rates, all-time high home prices, and tariffs jacking up the cost of every material that goes into a build, the math simply doesn’t work.

Chapters

Intro: 00:00:38

Quick Takes: 00:01:20

Max Notes: 00:06:27

Killer Left Take of the Week: 00:13:47

Chart of the Week: 00:17:09

Headlines: 00:22:02

Outro: 00:23:17

Resources

The Majority Report w/ Sam Seder: How Did Hasan Make Emma Cry?

Ed Zitron: Exclusive: OpenAI Losses Increased Nearly 8X in 2025, With Spending Hitting $34 Billion

Yahoo! Finance: SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut

Owen Jones: Keir Starmer: Dishonest, Unprincipled - And FINISHED

Walter Masterson: Trolling Nick Shirley in NYC

United States Census Bureau: Monthly New Residential Construction, May 2026

Freddie Mac: Mortgage Rates

NAHB: New Tariffs on Lumber, Wood Product Imports Add Headwinds to Housing Market

Federal Reserve Bank of St. Louis: Median Sales Price of Existing Homes

Justice for Colombia: Who is De la Espriella, the Colombian far right’s presidential candidate?

The New Yorker: The Repo Man is Coming for Your Ride

Mother Jones: Why GM Is Betting on a Future With Sodium-Ion Battery Storage

UNFTR Resources

Video: On The Record 6-23-26 (Greenspan, SpaceX, and the Colombia Coup Nobody's Ready For.)

UNFTR Progressive Trivia

Essay: Alan Greenspan Has Died.

Episode: Housing in America.

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