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Hot Money

(sirens blaring) - It's a supplementarypolicy that is subsidized by the government, and so...

(sirens blaring) - It's a supplementary
policy that is subsidized by the government, and so all
citizens are, to some extent, footing the bill for
coastal property owners

Full Transcript

00:00:01.000 --> 00:00:03.403
(sirens blaring)
00:00:03.403 --> 00:00:06.739
- It's a supplementary policy that is subsidized
00:00:06.739 --> 00:00:11.744
by the government, and so all citizens are, to some extent,
00:00:11.744 --> 00:00:15.348
footing the bill for coastal property owners.
Duration
15 seconds
Views
35
Timestamp in Movie
01:18:22
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
- In order to build a huge condominium development - Hot Money 00:07
- In order to build a huge condominium development
Municipal actors in New York City are very interested - Hot Money 00:18
Municipal actors in New York City are very interested
- Well, the original program - Hot Money 00:08
- Well, the original program
Areas where water moves with velocity, - Hot Money 00:12
Areas where water moves with velocity,
The building is, - Hot Money 00:11
The building is,
There's a lot of vested interests that don't care, - Hot Money 00:06
There's a lot of vested interests that don't care,
They'd like to build a house on a beach - Hot Money 00:10
They'd like to build a house on a beach
(water flapping) - Hot Money 00:09
(water flapping)
- The ways in which financial actors securitized mortgages - Hot Money 00:10
- The ways in which financial actors securitized mortgages
- So the building contractors all want - Hot Money 00:06
- So the building contractors all want
The town wants to minimize it, - Hot Money 00:15
The town wants to minimize it,
- The coastal communities - Hot Money 00:12
- The coastal communities
- I thought, okay, the city's not requiring me - Hot Money 00:06
- I thought, okay, the city's not requiring me
My realtor didn't tell me I had to have flood insurance. - Hot Money 00:04
My realtor didn't tell me I had to have flood insurance...
- Honestly, you don't look at the flood maps - Hot Money 00:05
- Honestly, you don't look at the flood maps
You fall in love with the house, and 85% of the people - Hot Money 00:07
You fall in love with the house, and 85% of the people
- The United States is uniquely vulnerable - Hot Money 00:17
- The United States is uniquely vulnerable
That's part of our bedrock of the United States, - Hot Money 00:29
That's part of our bedrock of the United States,
- The politics of provision are so tied up with land values - Hot Money 00:20
- The politics of provision are so tied up with land values
- In Texas, we don't have state income tax. - Hot Money 00:05
- In Texas, we don't have state income tax.