Trump is Toast & Fascism in the UK

10 October 2016 – We were lucky to have Scottish National Party Councillor Math Campbell  to preview for us what it looks like when fascism takes over a country. The British government of Prime Minister Theresa May is talking about creating a “registry” for all foreign nationals and has decided that no organizations which advise Whitehall can include foreign nationals among their advisors. Prime Minister May has also announced that when negotiating Brexit from the European Union, limiting immigration will take priority over jobs, the economy and justice. It’s good to know she has established her priorities. Math let us know that plans are continuing apace for a Scottish break from the UK.

At the top of the show Will makes it clear that the most recent release from Wikileaks, which is intended to be problematic for Clinton, is not now and was not ever created by the Clinton Foundation or part of a speech given by Hillary. The release is comprised of falsified documents, probably written by Russian agents, in an effort to influence the US election.

I answer the question, what is Hillary’s plan to pay for debt-free college? This is a nod of the carrot to Travis & Rachel, our friends at Irreverent Testimony, who were faced by a Libertarian with this very question last week. I hope this answer helps. If anyone needs additional detail, there is a lot more at Hillary’s website. This link will take you to the specific page.

Usually, both Will and I have a block on the show to talk at a bit more length about a subject of interest to each of us. We planned that for this week. We prepared our notes. We got ready to record the show. And then Politico announced that the Republican National Committee had temporarily frozen the funding and all work on Trump Victory Fund projects. Will and I were willing to let the rest of the media deal with the despicable things Trump has said about women but when the GOP starts to seriously break-away from their candidate, well, that we had to cover. Late on Saturday afternoon we pitched our original plans out the window and started again. What you will hear is current as of about 6PM on Saturday, 8 October.

I didn’t mention it on the show but I did find this graphic of 150 GOP leaders who don’t support Trump and when they reached their breaking point. It is fascinating.

With luck, next week will be a bit more normal. Carrots! – Arliss

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Frances Coppola, Putin & Rajan

1 August 2016 – It is always glorious when we can have the well-known banking expert,  economics wonk and bloggerFrances Coppola on the show.  We were thrilled to welcome her back this week to talk about threats to the independence of central banks. We also discussed her recent panel at the Financial Times Festival of Finance where she consistently pointed out that the rise in populism expressed both through the Brexit vote and in the Trump candidacy, is all about the local.

Will and I had a lot of fun at the top of the show where he reveled in the number of GOP pundits who had to admit they loved the Democratic National Convention and I revealed what is, perhaps, the single most important polling result of this election cycle.

Will then goes on to tear into what we know (and what we don’t) about the relationships between Donald Trump, members of his campaign staff, Julian Assange, Vladimir Putin and various Russian surrogates and agencies. The word “traitor” does indeed come to mind. Seriously.

I spend my time on an overview of the economy of India, the modernization efforts and challenges and a bit about the Reserve Bank of India (RBI) including its recent upheaval. Since the soon-to-be former Governor of the RBI may very well be the incoming head of the IMF, after Lagarde steps down later this year, it’s worth getting to know a bit more about him. Rughuram Rajan is a neoliberal economist but he is also extremely accomplished, qualified and would be a much stronger voice for developing nations.

In spite of Trump, this has been a great week to be a Democrat and Will and I are still in the post-convention glow. In the next 100 days this country may well rise or fall. Let’s get to work. Carrots! – Arliss

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Dodd-Frank with Alexis Goldstein

21 March 2016 – This week we take a deep dive into Dodd-Frank. As I have been promising for the past several weeks, I start out with a fast but fairly detailed backgrounder on the legislation itself. Then, our guest, Alexis Goldstein updates us on where we are today with the implementation process. Alexis is a Senior Policy Analyst at Americans for Financial Reform and has been in the thick of the Dodd-Frank battle from back in her days with Occupy the SEC when she co-authored a 325-page Comment letter to the Securities and Exchange Commission urging them to write rules for a strong version of the Volker Rule. Seriously, that’s my kind of banking wonk. During our conversation Alexis referred to a link at Bloomberg and that is here for your easy reference.

Will begins the show talking about Bernie’s Town Hall on the Navajo reservation, while correcting the record. President Russell Begaye had a “very good” discussion with Bernie, where he talked with the Senator about the need for a cabinet-level position for Native Americans, which could cut across various federal agencies, asked that Native Governments be respected as sovereign entities, and asked that the government honor its treaty obligations. While President Begaye spoke in glowing terms about the Senator’s visit, he has not endorsed any presidential candidate in the 2016 election, contrary to claims being made online.

Will also made some noise about the deafening silence in the aftermath of the execution-style murder of three young black Muslims in Fort Wayne, Indiana in late February.

Here the daffodils are up in the front yard and the tulips are coming on right behind them. I hope it is equally beautiful wherever you may be. – Carrots! Arliss


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Primary Parley with Irreverent Testimony

7 March 2016 – This week, Arliss talked derivatives while I did a quick numbers update on the primary. We were joined by guests and friends of the show Rachel Hutcheson and Travis Rosen of Irreverent Testimony. We had a raucous round table where we talked Bernie, Hillary, and the future of the democratic party, all of it circling around the question “How do we come together as a party.” We also talked about the poor leadership of our party.

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Charles Gaba & Elections!

29 February 2016 – This week, we talked Iranian, Irish, and Scottish elections. I discussed Labour’s demise in Scotland, and talked about how they’ve never recovered from the death of Donald Dewar. It looks as if Labour is heading for yet another defeat in the upcoming Holyrood elections.

Arliss went over some banking terms (I know! What could possibly be more exciting?) because the jargon of the financial industry is a language of obfuscation. In order for us to understand what the heck these people are talking about, we need to learn what is essentially a separate language. That’s by design. If nobody can understand the words Banksters use to describe what they’re doing, then nobody can legislate against them. This is the first of a multi-part series which will get deeply into the weeds of banking reform.

Following that, we had a fantastic conversation with Charles Gaba (aka Brainwrap) of acasignups.net, who talked about the massive entity that is the US healthcare system and some of the options available for healthcare reform. He explained to us how even minor changes in theory become sweeping changes in practice, and we discussed in detail how Marco Rubio and the GOP killed even the modest Co-Op non-profit options that we sought to create when the Public Option was blocked.

Thanks for listening, everyone, and we’ll see you next time!

Will

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Interviewee Joe Firestone Gets Us “Extra Mad!”

5 October 2015 – We realized something this week. While we must maintain a tight 58 minute schedule for the version of our show which airs on Netroots Radio (at 8AM Eastern on Mondays) we have no such limitation for the version which posts here. Joe Firestone, who joined us to talk about his new book, “Who Needs Balanced Trade? Who Needs a Balanced Budget?” was so fascinating that we simply had lots more to ask…so we did. The version of the show here on the site adds an additional 25 minutes of the interview with Joe and you must listen because Joe really had time to dive down and give us some detailed answers to our questions. While we could have called the extended version either, “Extended” or “Directors Cut” we took the path less travelled and went with, “Extra Mad!” because why not have a little fun with it, right?

The show starts off with a few minutes on the crazy things happening in Indiana Congressional District 6 / Indiana House District 68. Basically, Jud McMillan needs to keep his pants on and stay off his cell phone. In the A Block Will goes into the background of the modern Catalan independence movement, something which will be more present in the news in the relatively near future. I get my paws dirty digging into the scandals at the Vatican Bank and the impressive work Pope Frances has done to get that long-corrupt institution forcibly dragged out from the shadows and into the light. Then we get to the exciting part, the interview with Joe Firestone.

Book Cover, "Who Needs Balanced Trade? Who Needs a Balanced Budget?"

I make a real effort to read everything Joe Firestone writes and that takes some doing because he is such a prodigious writer and touches upon so many topics. Still, Joe doesn’t fool around. If he has taken the time to write on it, it’s important. Joe, like me, is generally focused on the applications of modern monetary theory to the real world and recently he has been doing truly deep and detailed dives on pending trade treaties which are currently in negotiation. His newest book, published on 28 September, is his latest on the subject and is absolutely excellent. Even Will, who unlike me doesn’t usually spend all his spare moments reading about economics, could not get his nose out of Joe’s book once he started reading. He kept saying to me, “Wow! This is really good!” And so was our interview with Joe. We think you will love it too which is why you are getting “Hopping Mad” with a side of “Extra Mad!” this week. Carrots! – Arliss