27 June 2016 – Well, THAT happened. Brexit basically ate the news cycle of much of the world this past week. Who knew so many people could find legitimate use for the word “gobsmacked.” We were lucky to be guided through the chaos by Scottish National Party Councilor Math Campbell-Sturgess. Will has been wanting to have the Inverclyde Council representative on for a quite a while and this seemed like the moment. In fact, the timing was so good that Will trimmed down his block and I ditched mine completely because there was just too much ground to cover. I am especially interested by the way austerity is playing in elections and politics around the world. It’s insidious. We also talked about the upcoming Scottish referendum on leaving the UK, the terrific leadership of Nichola Sturgeon, the mess that is trying to pass as the Labour Party, the horror that is the Conservative party, commonalities between current UK and US politics, land reform and the general future of Scotland. Also, I think Angela Merkel joined Nichola Sturgeon on a very short list of people who managed to look like world leaders this week.
I began the show with a short tribute to Amjad Sabri, the sublimely talented Sufi Qawwalis singer and musician who was killed on Thursday in Karachi, Pakistan. He was a man who had devoted his life to a message of peace and love. His loss is unspeakably great. In tribute to Amjad, all of our interstitial music this week is his.
Will took a few minutes to hit the highlights of the ruling by the Hague on the case being brought by the Philippines against China over the Spratly Islands. The Philippines won. Enforcement is another matter entirely. *sigh*
It was a big week and I don’t think anyone knows what comes next. Hang on to your ears! Carrots! – Arliss
20 June 2016 – Both of the main topics this week, inequality through the lens of philosophyand Brexit, ended up stretching me to a new perspective. In both cases I default to the economics and the associated numbers but it turns out this wasn’t the week for that. Dr. James Brusseau is an author, a professor at Pace University and recently hosted a new documentary, the Wealth Inequality Workshop. Most people think about inequality in terms of the political sphere or the economic sphere but James brings a new voice, philosophy, into the conversation and in so doing the realization that the reason so many of us talk past one another on this topic is because we are starting from opposing perspectives on the equality/freedom continuum. Once you listen I suspect you too will be surprised at where you find yourself in the end.
Will and I are both on Brexit this week. I thought I was going to be talking about Brexit economics but following a Twitter conversation with a listener I ended up really thinking about the emotional content that has come to be so closely wrapped into Brexit. I tried to think about it in several different ways, as an MMT wonk, as a pragmatist and as just a feeling being. All of this was made immeasurably more sad by the assassination of Labour MP Jo Cox (photo above). Her loving, generous, brave life was taken by a man acting on a wave of the current of hate which is insidiously sweeping through the Leave side of the referendum. It’s easy to recognize because it is here in the US too, in the campaign of Donald Trump and even, to a lesser degree, in that of Bernie Sanders. As is the first line of the editorial in The Guardian about Jo’s death, “The slide from civilization to barbarism is shorter than we might like to imagine.”
#MoreInCommon – Carrots! Arliss
Just a quick note, I mentioned almost offhandedly the complexities of the relationships that surround the European Union.Wikipedia actually has one of the best breakdowns charted out here. That explains all the ancillary agreements and groups that surround the EU.
13 June 2016 – We always think our interview guest is going to give us a strong interview but there is no way to predict when an interview is going to be breathtaking. Ariella Barker, advocate and activist for persons with disabilities (PwDs) gave us a truly stunning, erudite and heartfelt interview. It is no surprise that this is our longest interview to date. Ariella had a lot to say and all of it was important. I tracked Ariella down after I read her 18 May blog post, “‘Berned’ by Bernie,” which was suddenly all over my Twitter timeline one day. You. Must. Read. This. Blog. Post. There is a reason it went viral. Even more than this post though, I was astonished by the revelatory honesty and genuine humanity of Ariella’s blog as a whole. She goes by “shiksappeal” on WordPress and that is only one of the lovely things about her. I always gravitate to smart people who can laugh at themselves. Ariella is my kind of person. I guarantee you will learn an astonishing amount about the political issues with which the PwD community is grappling. I did. Did you know PwDs are the largest minority community in the United States! Fully 20% of all Americans fall into this group. Twenty. Percent!!! I had no idea and I suspect that most people don’t. Shiksappeal is a natural storyteller and she teaches by sharing her life with us. I, for one, am so grateful.
In my block I am finally turning toward Brexit, the 23 June referendum when the UK will vote to either stay in or exit the European Union. The two campaigns, Leave and Remain, are neck and neck and there is so much more on the line than most people realize. Certainly there is more involved than most in the Leave camp are taking into consideration. One of those things would be the end of peace in Northern Ireland. No joke. I spend my time this week talking about Ireland v Brexit and how both the Republic of Ireland and Northern Ireland will be deeply damaged, both economically and culturally, should Leave win the vote. Next week I’ll be on the economics of Brexit. Basically, both this week and next Will and I are all Brexit all the time. (You had to know it was coming, right?)
I was a busy bunny this week. I was on the 10 JuneKagro in the Morning show with the always interesting David Waldman. David had spent time in each of his two previous shows talking about Social Security and I had some additional information which I hope was helpful. I was also fortunate enough to be a guest on the newest episode of Irreverent Testimony. Travis and Rachel are such a joy. Smart, snide, funny and never afraid to say what they are thinking – they give me hope for the future. We talked about the end of the Dem primary, what it means for Rachel and I as women to see this moment in US history, potential VPs and the hot mess that is Trump.
With that I will leave Will to say a few words. Carrots! – Arliss
We had a last minute change to the program because of the attack on the Pulse LGBT Club in Orlando. Arliss and I had a long conversation about that, about grief, and about healing. We talked about giving Orlando space to grieve. Sunday was a very difficult day for a lot of us. – Will
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