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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Inherent Contempt: Not Just Another Pretty Statute

23 April 2018 – Everyone is talking about the Comey memos and I think I’m about over it BUT I have been curious about how Congress and the Justice Department both run investigations in parallel without pulling a Nunes or embarrassingly dropping a Gowdy on the floor. David Waldman (@KagroX), who is a lawyer, Congressional procedure expert and the master of all that is Kagro in the Morning, is on the show to walk us through why it is such a mess right now, how it is supposed to be done and, in Extra Mad, he gets into something I had never heard of, inherent contempt. Between March of 2007 and April of 2008 David wrote a number of explainer diaries at Daily Kos so I have included the links here:

At the top of the show, Hopping Mad #99, we take a quick look back at how we got started and then Will continues his Big Ideas of Democracy series talking about just war theory. In my block I begin my own multi-show series, this one focusing on framing MMT.

Many, many carrots! – Arliss

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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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Emoluments & NAFTA Reprised with Armando Llorens

20 November 2017 – What’s old is new again or, in the case of Trump, never went away. Due to a confluence of unexpected events we were unable to produce an entirely new show this week so I went back to 30 January 2017 and grabbed the interview we did at the time with attorney, Armando Llorens. I put both the original broadcast interview and the Extra Mad extended interview into the show and edited out comments we made which were too dated to really be applicable now.

Armando, who is also a Daily Kos front-pager, cleared-up all the questions I had about the emoluments clause of the Constitution and related issues of  standing. Plus, typical of Armando’s frequent contributions to David Waldman’s Kagro in the Morning, Armando lead us merrily off track and onto the subject of NAFTA and how Trump’s special brand of crazy (literally) can significantly damage the US economy in the area of trade. Happily, there were many other brief side tracks too. There’s a reason so many of us follow Armando on DKos and on David’s show. You will enjoy this interview and it is well worth hearing it a second time.

We are off next week, due to the holiday, and then back on 4 December. Many carrots! – 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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