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
4 April 2018 – Due to the holiday weekend we do not have a new show this week. This is a rebroadcast of a special mid-week combined Hopping Mad and Irreverent Testimony entirely focused on trade. Travis Rosen and Rachel Hutcheson of Irreverent Testimony joined Will and I to talk about the domestic and international implications of the Trump Trade Tariffs and the basics of what international trade really means. This is a deep dive into what we should all really be messaging about trade and “why trade deficit” matters not at all.
Will and I have already recorded the interview for next week, with an election law expert, and we have a lot stored-up to add to the fire. Carrots! – Arliss
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!
12 March 2018 – Dr. Fadhel Kaboub (@FadhelKaboub and @BinzagrInfo), President of the Binzagr Institute for Sustainable Prosperity and Associate Professor at Denison University, gave us such a wonderful interview that we dedicated the entire show to it including the compelling extended part of the interview. Dr. Kaboub became interested in modern monetary theory (MMT) early in his studies at a time when there was virtually no understanding of how the precepts of MMT could be applied to developing economies. His work in this area and his emphasis on the specific issues faced by the peoples and economies of the Middle East has become the leading edge of the conversation. You are going to be fascinated to hear him talk about how he believes Tunisia can fight imported inflation and political unrest with fish. Really. It’s brilliant. Also, Fadhel deeply understands the relationship between TIARA (There is a Real Alternative) and hope as a key to leveraging economic prosperity and political stability. I also enjoyed listening to his description of how the currency he has invented for his economics students, the Denison Volunteer Dollar (DVD), has crossed-over into the basketball program!
Will and I do plan to be back with a regular program next week. Carrots! – Arliss
8 March 2018 – This is a special combined Hopping Mad and Irreverent Testimony entirely focused on trade. Travis Rosen and Rachel Hutcheson of Irreverent Testimony joined Will and I to talk about the domestic and international implications of the Trump Trade Tariffs and the basics of what international trade really means. This is a dive into what we should all really be messaging about trade and why “trade deficit” matters not at all.
Will and I will be back on Monday for our regular show. Carrots! – Arliss
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
17 July 2017 – Will is back and he brought political risk and security expert Landon Shroder (@LandonShroder) with him. The interview, both in the broadcast and in the podcast versions of the show, is longer than usual and with good reason. We go wide getting into Mosul, the Kurds, Saudi, Yemen and the UAE during the broadcast show and then, in Extra Mad, coming stateside to talk about the rise of terrorism within the white nationalist movement.
Will continues his series on small “d” democratic principles and progressives. For this show Will is thinking about citizenship and it’s relationship with social responsibility. I push back just a bit asking Will about the difference between what is a right and what is earned. Also, Will and I talk about distinguishing between ideals and the reality of history and privilege.
I geek a bit on this show about the continuing rise of the discussion about how modern money really works (aka modern monetary theory or MMT) and the implications of having the power of fiat money recognized and utilized by society. It turns out that the debt-ceiling battle of 2013 really was an inflection point for MMT and voices have been added at a steadily growing clip. The Nation has a great article on 8 May 2017, The Rock-Star Appeal of Modern Monetary Theory, and that is just one of the many, many places MMT is being discussed.
I love having Will back and, friend of the show, Landon on with us again. We have another strong interview lined-up for next week too. We are definitely getting our hop back on! Carrots – Arliss
3 July 2017 – Will is on vacation this week (and next) so I am joined on the show by two of our three new associates, Joel Dent and David Paquette. David, a self-professed connoisseur of lies, starts us off with a spectacular lie direct from a true master of the subject, Senator Orrin Hatch. I respond with a whopper from Secretary of Energy, Rick Perry but Hatch won the day on style points. Here, by the way, is David’s recommended maple syrup video. “The moment” is right at the very end but the whole thing is hilarious. Remember as you watch it that this is the man curating the nuclear arsenal of the USA.
Joel brought us the latest NRA ad which is so filled with hate that it just blows right past “abomination” as a descriptor. After the election, the NRA and the gun manufacturers had a problem. With Obama gone and no enemy to focus on how are they going to sell mountains of guns? They need a new enemy and they have found one…all of us. Joel uses video shot during one of the Milo Yiannopoulos protests (also here) as an example of the depth of the problem. He also quoted from some alt right gun blogs here and here. The psychosis is both depending and spreading.
I go back to my roots a bit to talk about the modern money take on trade and how trade works in economies like ours. The meme of the trade deficit being a problem is the same as the meme of the US needing a balanced budget. Both are ludicrous on the face if you take a minute to think about it. We give away pixels (fiat money) and get real goods and services in return. That’s the best possible deal especially when there is absolutely nothing standing in the way of making sure that everyone who wants a good job has one…except, of course, political will. *sigh* All of this is especially pertinent because while the whole country is looking the other direction, Trump is starting a trade war with our closest allies!
We have no interview this week (so no Extra Mad). Again a thank-you goes out this week to Michele LeSure, for her assistance in editing this episode. Michele will be on the show next week so you will have the chance to hear from her too! If you are in the US, enjoy your holiday! Many carrots! – Arliss
28 February 2017 – Indivisible Southeast Indiana (@IndivisibleSEIN on Twitter and Indivisible Southeast Indiana on FB) met on Sunday, 19 February, for our second meeting. We gathered in the home of one of the organizers and decided that we needed to act immediately. One week later, on Sunday, 26 February we hosted a “Where’s Waldo” themed constituent town hall.We invited Congressman Luke Messer (R – IN-6) and Senator Todd Young (R-IN). Both declined to come. In fact, neither held any open-to-the-public town halls or events anywhere during this recess. We persisted.
Our Where’s Todd? Where’s Luke? Town Hall was held in front of the lovely and historic Ohio County Courthouse (the oldest in continuous operation in Indiana) located in little Rising Sun, Indiana (population 2304). Sunday was cold but sunny and with little notice and very little publicity in this red, red corner of Indiana, about fifty people turned up. In San Francisco this would be an embarrassing turnout but in Rising Sun it was exceptional and you could feel the excitement in the air. We even had (briefly) a tiny Trump contingent but they left when they didn’t draw attention or a fight.
The event featured life-sized Todd and Luke Waldos, lots of handmade signs and really darling Waldo scarves that one of the organizes made and handed out. Several planned speakers told their two-minute stories and then other attendees asked to speak and we were thrilled to have them. The thing which most struck me was how well informed these voters are and how wide ranging their issues of concern.
For Hopping Mad I recorded a brief interview with two of the organizers, Rebecca Barhorst and Christine Craig, just after the meeting on the 19th and then the entire town hall on the 26th. I think what people had to say during the town hall was as important as any of the interviews we have done on this show. I think you will enjoy this and when you imagine what people are thinking about in these midwestern states, remember what you heard here today. Carrots! – Arliss
PS – For anyone wondering, the show will remain on hiatus for another few weeks. Will may try to host a show on his own but I will again be unavailable. I went in for surgery, as I had previously mentioned, on 6 February but the surgeon found a conflict in the diagnostic reports just a few minutes before the surgery was supposed to begin. I was floating on a cloud by this point but, as I understand it, the decision was made to run another entire battery of (hideous) tests over the following two weeks. Ultimately, those tests confirmed the original diagnosis and I go back in for the originally planned surgery on Thursday, 2 March, which means I will be down for the count for a while. Already I have a backlog of things I want to talk about so by the time I am back with you I will be brimming over. Take care of yourselves. I miss you already!
29 August 2016 – Will is out of town on business this week and I have finally managed to struggle back up onto my paws after six days in the hospital and way too many more in recovery at home. Under normal conditions Will and I would have tried to prepare a show in advance but it was impossible to predict that I would be hospitalized and he would have a concussion at the same time almost immediately followed by an emergency business trip. Obviously, fate is snickering at us.
Hopping Mad is a show which requires considerable preparation and, because Will and I both have “day” jobs, we fit all that in around already full days. His travel this week and my short days (work, nap, work, nap, work, nap….) made thorough preparation impossible. I have to say that when I am too exhausted to read about financial news or economics, I am one seriously pissed off rabbit. After all, who doesn’t love reading about economics at 3AM!
Will and I solemnly promise a terrific new show next week. So much has happened and we have a LOT to say about it. Seriously, last week Donald Trump had former UKIP leader Nigel Farage at one of his rally extravaganzas!!! There was Farage, “Hello Mississippi….” I think we can all safely anticipate a rant from Will on that subject.
This week we are going back to our 7th show, from last November, when Will first started talking to us about South Sudan and the Spratly Islands and I was on the so-called “budget deal” and the difference between fiscal and monetary spending. The interview was with a California educator who was intimately involved in developing Common Core standards and she is absolutely fascinating on the subject. We hope you enjoy this and we will be back with you next week. Carrots to you and yours! – Arliss