Steve Grumbine: Truth About Money

13 August 2018 – We were lucky enough to have Steve Grumbine, of Real Progressives, for the entire show. We talked briefly about the recent OH-12 special election and his take on how the Greens impacted the election. We then spent the rest of the show talking about spreading the word about modern monetary theory and messaging.

Next week we have terrific interviews with experts on Puerto Rico and the following week we have Nancy Altman of Social Security Works on her new book, The Truth About Social Security. Stay tuned, August is going to be a great month on Hopping Mad! Many Carrots – Arliss


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Action! Amanda Werner on Nielsen Protest

25 June 2018 – We are back from hiatus with Amanda Werner (@wamandajd), leader of the action at the Mexican restaurant in DC which sent DHS Secretary Kirsjen Nielsen scuttling for cover like a cockroach when the lights get flipped on. Amanda tells us how, with a little help from a friend, she was able to pull together such an effective protest in a matter of minutes. We also talk about actions in general, immigration and the upcoming election.

Since my day job is still pretty overwhelming (with good things but nevertheless…) we will be taking the holiday next week and will return to our normal schedule in two weeks.

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Dems Dangerous Debt Dance with Bluegal

16 April 2018 – There comes a time in every federal budget cycle when I have to find a way to talk about debt and, specifically, the Dems dangerous debt dance. This time I decided to switch things up and invited Frances Langum (Bluegal), from my favorite podcast, The Professional Left, to interview me and to provide push-back. Fran is someone for whom I have enormous respect but, like 99% of the Dems out there, she comes at economics from a purely Keynesian perspective…and that’s what I wanted. You are going to love the conversation and, I hope you find it an interesting way to get the MMT message out.

At the top of the show I refresh the information about the Rapid Response events taking place when (if) Trump does any of the following:  fires Robert Mueller, fires Rob Rosenstein, pardons any key witnesses. Please go to Nobody Is Above the Law to register for the event closest to you. Our democracy cannot be allowed to go down without a fight. Also, on the day you can tune in to Netroots Radio for a live stream as events unfold.

During the rest of the show Will covers an item you may have missed on your news feed, the angry Scottish badger, as well as some of the larger issues surrounding the US/UK/French strike on Syria. I get into Mick Mulvaney’s appearance on Capitol Hill to give his bi-annual report from the CFPB. Both Joan McCarter, of Daily Kos, and David Dayen, for The Nation, covered this particularly well.

Be vigilant folks, things are getting real. – Arliss

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Jim Harper – SOS Candidate; Elections & Census

9 April 2018 – Democrats are finally learning that Secretaries of State are more critical than even governors in state elections so we are lucky to have elections expert and Indiana State Democratic SOS candidate, Jim Harper for the interview. Jim is a strong candidate for Indiana and the videos on his FB page reinforce why he is a great choice both for progressive and moderate Democrats.

Will is talking about elections and the fall-out in Catalonia. The Germans are standing-up for the Catalans and the UK may be as well. We’ll see. Meanwhile, Russia continues to play in that sandbox exclusively to incite chaos.

I give some background on the decennial Census to set it in some context for the current national conversation around the re-inclusion of the citizenship question. Just as an FYI – there is an even bigger problem with the 2020 Census…funding. No kidding. The GOP is using funding to impair the Census and suppress votes. There simply is no line they will not cross.

At the top of the show I discuss the Netroots Radio plan of action in case Robert Mueller is fired. Additionally, I recommend that everyone sign-up with MoveOn.org to register for notification of a local action in your area. Until next week, carrots! – Arliss

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Sooooo – this is interesting…

19 March 2018 – There have been a lot of things which Will and I have been wanting to talk about and we get into it. Ask yourself the following questions:  Is Vanessa Trump’s filing for divorce really about divorce?; Is there a link between brain damage and religious fundamentalism?; Can Trump be so anxious to suppress the vote that even GOP Secretaries of State are willing to stand up?Can we encourage the Federal Reserve Bank of New York to be more diverse in thought, experience and identity?; How many ways is Andrew McCabe going to find to get even with the tweeting yam?; and, most importantly, Is the special relationship between the UK and the US forever damaged? We hit all of this in a wide-ranging show. We don’t do this kind of thing often so, enjoy!

Promised links:

Report by Popular Democracy and Fed Up:  Working People Still Need a Voice at the Fed:  2018 Diversity Analysis of Federal Reserve Bank Directors

Call the Fed Action Link for Fed Up Federal Reserve Diversity Campaign. Fed Up is asking for a public town hall to be held on the subject of the selection of the new NY Fed President. It’s a pretty reasonable ask. Also, remember to mention Sarah Bloom Raskin as a potential NY Fed President who you think would have your back.

Rational Security podcast, 15 March 2018, Rex, Eat the Salad Edition

With that I sign-off for the week. Many Carrots! – Arliss

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Real Progressives’ Steve Grumbine

5 March 2018 – WOW! We had an exhilarating, affirming, healing conversation with Real Progressives founder, Steve Grumbine (@sdgrumbine) who was on with us for the whole show. Steve is a long-time MMT evangelist and activist. He also has been active and is well known in Bernie & Green Party circles. I knew, from having heard his panel at the MMT conference in Kansas City last summer, that we shared many values and virtually all objectives and that was why I was determined to have him on as a guest. Still, I worried a little bit because the Hillary/Bernie divide runs so deep among so many. What I think we all learned as we spoke, and what I hope we were able to convey, is that there is little which divides us and much which unites us. This was a genuinely remarkable show. I learned a great deal and I think you will as well.

Next week I’ll get back to talking about inflation and unemployment but this break was well worth it. Many Carrots! – Arliss

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We Cannot Win Until We Win & Carolyn Fiddler

19 February 2018 At this point it really all boils down to one thing, we cannot win until we win. Everything we cover on the show today boils down to that. Prosecuting those who colluded with Russia, opening our hearts and borders to Syrian refugees, securing our elections, passing gun safety legislation – none of these are doable until we have taken Congress back (and even then it’s going to be a tough fight.) AND we can’t just win on the Federal level – states are key and that’s why we wanted to have Carolyn Fiddler, the Daily Kos Political Editor and Senior Communications Advisor on the show this week. Carolyn is a specialist in state races, something I know we do not cover enough. We promise to do better because, we cannot win until we win.

In the top bock of the show Will asks you to take a look at a video made by friend of the pod, Landon Shroder, which is the first in a series telling the story of Syrians who have fled to America. I don’t care who you are, this one will reach into your heart and remind you that humanity, kindness, life and love are things which bind us together. Lots of things are tearing us apart but can we please, please, please agree that kindness simply must be a shared value.

In my main block I cover the MMT take on inflation. It’s a real thrill ride. Carrots! – Arliss

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We referenced a heartbreaking video on Syrian Refugees living in the US. You can view that video here.

The Good, the Strange & the Stock Market

12 February 2018 – We’re BACK!!! At least, we are back on the air. I’m still traveling so I’ll keep this really short. At the top of the show Will emphasizes the importance of continuing to work toward victory in November and not making the mistake of thinking we are already over the finish line. I get into the latest in the Brexit talks with the EU insisting that Northern Ireland remain within the common market.

In his main block Will talks about the shifting sands within the German government and why this may be a generally hopeful sign. In my block I try to explain what the hell is going on in the stock market and why it is in no way a reflection of what is happening in the real economy.

Now, I must hop. Cheers! – Arliss

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Rural Spaces

13 November 2017 – We accidentally ended up with a theme this week – rural spaces. During our interview block we were fortunate enough to have Lane Siekman (@LaneSiekman), Congressional candidate in IN-6, and Dearborn County, Indiana Democratic Party Chairman, Tricia Gaustad (@GaustadTricia). Lane gave us an articulate and well thought out rundown of his priorities including progressive favorite, Medicare for All. Tricia talked about why the 2018 cycle is not at all the same as the 2016 cycle even in her deep red county. She is listening to local Dems and has built a strategy to truly fight the good fight.

Will started the show talking about the ways in which some conservatives are trying to twist the current conversation about powerful people sexually abusing others into a diatribe which reinforces feelings about LGBTQ people. They do this, of course, at the expense of women but that is their normal operating procedure so we should not be surprised. In his block Will gets serious about rural spaces and why the Democratic party simply must find a way both to honor our base and to reach back into rural areas for those who have priorities which are not all about racism. He reminds us that rural areas vary in demographics from state to state and that those variations represent opportunities.

I begin the show with a couple of brief observations about the elections this past week. In my block I explain carried interest, why it is part of the GOP tax plan debate and the fact that the issue with carried interest is not about how much the wealthiest Americans pay in taxes, it is about increasing inequity and inequality. …Oh, and eliminating the carried interest loophole represents yet another promise which Trump has broken. I spend most of my block talking about new research, summarized in an article in the Harvard Business Review, which evidences a strong correlation between opposition to federal spending and racial resentment. We keep thinking that it is possible to wrap our minds around all the ways in which racism is systemic in our society and, as this research shows, we are nowhere close to understanding.

On that cheerful note…the interview I was expecting to have this week really is happening next week. It will be very different from our normal fare but I think it is going to be wonderful. Stay tuned! Carrots! – Arliss

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JD Alt Dreams in MMT Reality

6 November 2017Architect and author JD Alt again graced us with his thoughts, this time talking about his new novella, Low Earth Orbit. The novella takes the functionality of modern monetary theory and applies it to solve major issues facing a society on the brink. The novella lives at the intersection between architecture, environment, society and economics with a light touch which will bring you back to it again and again in the future. Low Earth Orbit demonstrates the dreams of which reality is made and I could not recommend it more.

I begin the show with background information about Trump’s nomination for the next Chairman of the Federal Reserve, Jerome “Jay” Powell. Powell is currently on the board of Governors of the Fed and it is thought that he will continue the practices of his predecessor, Janet Yellen. Trump could have nominated a number of truly despicable people, including Mike Pence’s favorite, John Taylor. Instead, the next Fed chair is known to be hardworking, calm,  interested in both sides of any question as well as being…frankly…rational (something in short supply these days.) In Trump-adjusted terms, Powell is basically a “win.”

Will pushes back against the not particularly factually-based spin being tossed about by former DNC chair, Donna Brazille. Here’s the bottom line:

We need a functional DNC which works for everyone.

We MUST win in 2018.

Nothing else is as important.

Will then moves on to a discussion of the upcoming race in Virginia. Virginia, he notes, tends to vote contrarian and is not necessarily the bellwether some are insisting upon. The race is being impacted by Trump’s impossible claims around coal and restoration of coal-based jobs while job training lacks a viable program.

Hopping Mad Associate, Dave Paquette, who is, himself, a registered nurse, updates us on the opiates crisis and the latest, minimal actions by the Trump administration. While Trump claims to have declared a “national emergency,” with all the funding and support such an act involves, in reality he only declared a “public health emergency.” The fund available for use in such emergencies is $56,000. So, not even sofa cushion change. Meanwhile, the family-owned Purdue Pharma has been profiteering wildly from sales of opiates. Purdue’s owner, the Sackler family, simply must be pulled out into the light of day. More than 2.5 million Americans are thought to be addicted. Overdose is now the leading cause of death for adults under the age of fifty. In 2016 up to 65,000 people (depending upon how the count is done) died from opiate overdose but, somehow, it is not a national emergency.

We will be back next week with an unusual interview I think you will love. Until then, carrots! – Arliss

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