Armando on Emoluments Standing Plus

30 January 2017Armando Llorens, attorney and Daily Kos front pager, cleared-up all the questions I had about the emoluments clause of the Constitution and 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.

Will spoke about his visit with both anarchists and Trump voters on Inauguration Day. It was easy for Will to get from his apartment in DC to the Mall that day but not so the next. The difference in crowd size and sensibility during the Women’s March was immense and it’s great to hear Will’s first hand account. See below for video and more detail on Will’s experience at the Women’s March.

We started the show by talking about two new segments we plan to regularly include in future shows. First, we invite you to email us at ImHoppingMad@gmail.com with your submission for The Lying Liar Lie of the Week. Pick the Trump administration lie you think is the most egregious and let us know what it is and why you selected it. If we can (and if you want to) we will even arrange to record a brief segment with you. We give extra points if you bring the funny. The other new segment is Damage Report in which we will call attention to the most dangerous Trump administration action of the week.

We will be back with an all-new show next week and then we will go dark for a few weeks while I have major surgery and deal with the not insubstantial recovery. We will definitely be back as soon as we possibly can. Carrots! – Arliss

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Womens’ March Special Reporting:

I took a few videos when I was  at the women’s march. I’m including a map below which shows where the videos were taken to give you an idea of just how large the march was.

womensmarchmap

 

This first video was taken at D & 7th, two blocks north of the mall. This is what almost all of the side streets looked like on the 21st. We couldn’t even get to the south side of the mall. There were just too many people.

 

This next video was taken at the Gallery Place metro. There was an endless crowd streaming out of the station. So many people arrived throughout the day that they were having to temporarily close stations for safety, in order to clear the platform that the next group of people could exit or board trains safely. It took hours to get people home.

 

When waiting for my wife to arrive, we grabbed a cup of coffee near the ellipse. Our thinking was that we’d march south on 15th, join the marchers just as they entered the ellipse, and be part of the march there. That plan was foiled. This was the picket outside of the White House near 15th and Pennsylvania Avenue.

After my wife arrived, we headed south on 14th street. And then we ran into this. A wall of people heading north on 15th street. There was no way we’d be able to get to the march route on Constitution Avenue. We had to go east.

15 minutes and a block later, we found 14th street just as choked with people. There was still no way to get to the march route. So we decided to take side streets to the ellipse.

There we were, at the very northern edge of the ellipse, just south of the White House. By this time, the march was supposed to be over, but most of the march hadn’t even reached the ellipse yet.

At this point, it was time to go home. We’d marched. We’d reached the ellipse. We’d temporarily joined people in the mall (though unfortunately, that video was corrupted so I can’t share it with you.) This was the site of people leaving the mall two whole hours after the march was supposed to have ended. We’d spent about an hour fighting our way through the crowd so that we could head home. In this video, you can hear one of the rolling roars that routinely tore through the crowd. You’d hear it in the distance, and then people near you would take up the cheer. Every few minutes, the entire center of our federal government shook, as more than half a million people raised their voices together.

I’ve never seen anything like this in my life. Being there was an absolute privilege.

I hope we can all do this again on Tax Day (April 15th) and literally shake the foundations of this government with our voices once again. Some people laugh at protests.

Remember Spicer’s fearful, shaky press conference? Remember the lies that the Trump team attempted to tell during the match? They’d spent all day cowering in a building, listening to the roars of the crowd outside. The windows of their offices had literally shook with the discontent outside. Their building was surrounded all day – to the point that staffers weren’t able to make it to the entrances.

The crowd was peaceful. But for a group of paranoid conservatives who had spent years dreaming of leading a crowd like this against Obama, who had just driven a wave of populism, to discover this level of opposition on their first day was chilling.

We didn’t just make our voices heard. We scared them.

And we’re not going to stop.

Will

William Spriggs, Scots & Saudis

2 May 2016 – Even more than in the past there is this nexus between the progressive movement and the labor movement in the US. This week we were joined for the interview by the Chief Economist of the AFL-CIO, the deeply knowledgable Dr. William Spriggs. Dr. Spriggs kindly gave us an unusually long and detailed interview and we highly recommend visiting some of the pages, to which I refer during our talk. They are on the excellent website of the AFL-CIO here, here, here and here.

At the top of the show Will fills us in on what is going on with the protestors who have just taken the Iraqi Parliament. Later in the show he gives us the promised update on the Scottish elections which will take place on 5 May.

I start out on the newly released anti-austerity budget which has just been announced by the Trudeau government in Canada. I come back a bit later to give a lot of detail about the very aggressive Vision 2030 economic plan aimed at weaning Saudi Arabia off of its dependence on oil. Headed by favorite son Deputy Crown Prince Muhammad bin Salman (MbS as he is called in Saudi), the plan is interesting and hopeful but will have to overcome significant resistance from Wahhabi fundamentalists in order to succeed. We’ll see….

I also learned that Netroots Radio has moved all of the old shows to which we had links from this site. Of course, all those links are now dead. I’ll have to figure out where they went and fix that. On a more cheerful note, the archive section for Hopping Mad has been updated and an index has been added making it easier to find specific subject – Carrots! Arliss

 

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WOW! Frances Coppola on Brexit

14 March 2016 – I follow many media sources on economics but none more closely than I do Frances Coppola. Frances’ insight on banking fraud, regulation and on the Greek crisis has contributed significantly to my thinking on these subjects. Having her on the show to talk about Brexit is especially exciting for me and I know you will be bowled over by her as well. Her blog, Coppola Comment and other writings, at The Guardian, the Financial Times, The Economist, Forbes and her appearances on the BBC provide an accessible clarity rare among financial industry wonks.

Will is breaking news today on the Agent Orange crisis on the San Carlos Apache reservation lands in Arizona. The Environmental Protection Agency is apparently stepping up to finally (thirty years after the fact) mitigate extreme adverse impact. At the top of the show Will talks about working to focus on the big issues, the real issues in the campaign and not getting lost in the weeds of a single comment.

I finish my financial instrument backgrounders by talking about mortgage-backed securities and collateralized debt obligations. Whew! I also update on the Finnish economy which, sadly, is not being held aloft by Angry Birds. Is the Finnish economy “Finnished?”

Once again, our interstitial music is by the wonderful Irish American band, Bua. Buy their album. You won’t be sorry. – Carrots!  Arliss

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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