Hopping Mad March 2016

Episode 19:  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.

Download here.


Episode 20:  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

Download MP3


Episode 21:  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


Download Here


Episode 22:  Rabbit Rescue with Mara Hurwitt

28 March 2016 – In the interest of full disclosure, as a Rabbit American I admit a bias on the topic of rabbit welfare. Toward that end Will and I were able to have attorney Mara Hurwitt join the show to talk about the legal complexities and issues related to rabbits. Mara is a long-time educator for the House Rabbit Society, a leading international rabbit rescue organization. Mara has provided pro bono legal support for a variety of animal welfare organizations and has worked at the Federal level to protect wild horse herds (which, in my opinion should be considered a national treasure). Rabbits are the third most abandoned domestic animal in the nation yet few municipal facilities or private rescue organizations are both equipped and knowledgable enough to meet their special needs. Rabbit abuse is rampant and seems to be on the increase but things are changing and Mara is a part of making that happen.

David, Neo, Bethy

Will begins the show with the newest in crazy from North Carolina. Later in the show he brings the history with an overview of the Irish Easter Rising. I start out with, of all things, graffiti in Cairo. I draw almost exclusively from an article in The Guardian but you absolutely must take a moment to look at photos of this fragile, moving and significant art here and here. My main segment is on 21st Century Glass-Steagall legislation and this is the last of my banking regulation series. Next week I get back to modern monetary theory. Yippie!

We have no Extra Mad extended interview this week. It’s the busiest weekend of the year for rabbits – so many eggs and too little time. – Carrots!  Arliss

Psst – from top to bottom, the rabbits in the photo are my office crew:  David (age 3), Neo (age 3) and Bethy (age 12).


Download Here