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
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
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
30 October 2017 – It worked! Brad Voracek (@bradvoracek) is back this week and the wait was worth it. This time you are able to hear his full answers on youth employment, Senator Sander’s & Congressman Conyers’ Employ Young Americans Now bill, the science versus human aspects of economics and his thinking on so-called (and wildly mis-named) “Right to Work” laws. Brad is a founder of the not-to-be-missed website, The Minskys and I recommend regular visits there.
We were also extremely lucky to have Amanda Werner, of Americans for Financial Reform and Public Citizen (aka The Monopoly Man), back with us to fill us in on the loss this week when the Senate voted to support Wells Fargo and Equifax in their illegal/incompetent behavior by making sure that citizens cannot sue these corporations either singly or in class actions suits. Forced arbitration is, apparently, forever, just like diamonds.
We also had Hopping Mad associate, Michele LeSure giving us more information on the strange anti-boycott legislation which has been passed in Texas and Kansas and is, supposedly, in support of Israel. This legislation is preventing some Texans from receiving federal aid post Hurricane Harvey. It’s strange and wrong and the ACLU is on it.
Will updates us on the latest in the rapidly changing situation in Catalonia as the Spanish government attempts to “fire” the elected government of Catalonia. The Spanish government claims it will hold “legitimate” elections in December but the specifics remain to be seen.
As always, there is a great deal going on and we will be back next week to take another swing at it. Carrots! – Arliss
10 July 2017 – Today I was joined by all three of the new associates: Michele LeSure, David Paquette & Joel Dent. They are all bringing new perspective and strengths to the show so I am reveling in the opportunity to showcase them. Will is still on vacation but he is back next week with, hopefully, some interesting stories to tell.
Michele starts off the show with a brief introduction of herself and then her nomination for the Hopping Mad Lying Liar Lie of the Week – Donald Trump. He claims, in some truly twisted ways, to respect women but his actions show us what he really thinks. This week it was revealed that the women who are part of the White House staff, those who work most closely with the President, are paid far less than their male counterparts. Additionally, the Trump White House is far more male dominated than was the Obama White House. No surprise there but now we have evidence. I countered with Trump failing to mention or notice the only female astronaut in the room, Sandy Magnus, when he was signing an executive order establishing a related space commission and while thanking and commenting on the three male astronauts who were there. Trump not only does not value or hear women, he completely erases them.
David followed next with some information on healthcare and American exceptionalism. He introduced a concept called “duct taping” which is a single number which can be seen to encapsulate a wide variety of other seemingly unrelated elements. This, he explained, is why the CIA uses maternal morbidity as a CIA Fact Book statistic. I promise you, you are going to be depressed when you hear where the US falls in the ranking of maternal morbidity.
I’m still on trade this week. I get into some detail on the upcoming NAFTA 2.0 negotiations and what you can expect to see there. Additionally, I touch on the brand new (spit in Trump’s eye) in-principle trade agreement between Japan and the European Union. They call it, “Cars for Cheese” but this is going to be an enormous and, apparently, forward looking deal. It will take some time to negotiate but this is the first hard evidence that the world is reshaping its relationships into a new structure without either the US or the post-Brexit UK at the center. This really, really isn’t a good thing for American business.
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
30 January 2017 – Armando 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
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.
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.
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
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 Brexitis 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