Trump is Toast & Fascism in the UK

10 October 2016 – We were lucky to have Scottish National Party Councillor Math Campbell to preview for us what it looks like when fascism takes over a country. The British government of Prime Minister Theresa May is talking about creating a “registry” for all foreign nationals and has decided that no organizations which advise Whitehall can include foreign nationals among their advisors. Prime Minister May has also announced that when negotiating Brexit from the European Union, limiting immigration will take priority over jobs, the economy and justice. It’s good to know she has established her priorities. Math let us know that plans are continuing apace for a Scottish break from the UK.

At the top of the show Will makes it clear that the most recent release from Wikileaks, which is intended to be problematic for Clinton, is not now and was not ever created by the Clinton Foundation or part of a speech given by Hillary. The release is comprised of falsified documents, probably written by Russian agents, in an effort to influence the US election.

I answer the question, what is Hillary’s plan to pay for debt-free college? This is a nod of the carrot to Travis & Rachel, our friends at Irreverent Testimony, who were faced by a Libertarian with this very question last week. I hope this answer helps. If anyone needs additional detail, there is a lot more at Hillary’s website. This link will take you to the specific page.

Usually, both Will and I have a block on the show to talk at a bit more length about a subject of interest to each of us. We planned that for this week. We prepared our notes. We got ready to record the show. And then Politico announced that the Republican National Committee had temporarily frozen the funding and all work on Trump Victory Fund projects. Will and I were willing to let the rest of the media deal with the despicable things Trump has said about women but when the GOP starts to seriously break-away from their candidate, well, that we had to cover. Late on Saturday afternoon we pitched our original plans out the window and started again. What you will hear is current as of about 6PM on Saturday, 8 October.

I didn’t mention it on the show but I did find this graphic of 150 GOP leaders who don’t support Trump and when they reached their breaking point. It is fascinating.

With luck, next week will be a bit more normal. Carrots! – Arliss

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Social Security Works!, Charlotte & Banks

26 September 2016 – We are finally back up to full power this week and have a truly terrific interview with Alex Lawson of Social Security Works! Because our listeners already have heard me talk about the mechanics of how Social Security works, Alex was free to wade out into the weeds where the world gets really interesting. He went into a great deal of detail about the dirty underbelly that the lying liars are trying so hard to keep us from seeing when they promote the privatization of Social Security. He also recommended that we take a side trip to the link for Social Security Spotlight where the (excellent) website lays out the economic impact of Social Security state by state.

At the top of the show Will talked about the importance and joy of celebrating Bi Visibility Day. I was especially caught by his pointing out why it is that the largest group within the LGBTQ community is also the most ignored. For my opening section I was less cheerful in giving an update on the latest news from the protectors gathered on the Standing Rock Sioux reservation along the Cannonball River. Like Keystone XL before it, the Dakota Access Pipeline is an enormous environmental threat and its construction has already caused the bulldozing of burial grounds, sacred sites and the locations of historic villages. Pressure from around the world has caused the Obama administration to reconsider but the project is by no means stopped. We must join in demanding an end to this and all similar pipeline projects.

Will then really spent time time getting into the role that journalism is playing in the protests in Charlotte. That journalists have stopped operating as journalists and now are only feeding the clicks necessary to support advertising has destroyed one of the cornerstones of our democracy. When the people lose their voice, they lose hope and then where do they turn?

I spend just a few minutes talking about how banks create money and why new money is pulled out of central banks by private sector banks instead of being pushed out as is the common view.

One last note, if you haven’t checked us, ImHoppingMad, out on Instagram yet, the six Team Arliss bunnies are now there providing their own brief comments on politics, economics and, of course, carrots. Carrots! – Arliss

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1st Anniversary! Media, Money & Bitcoin

19 September 2016 – We are ONE! This is our first year podcast-aversary and we truly want to thank those at Netroots Radio who were so much a part of getting us launched. Also right at the top of the show I talk about where we came from and where we are going. We’re pretty excited about the future.

We do not have an interview this week. Alex Lawson, of Social Security Works!, had a family emergency and had to cancel at the last minute but we can all look forward to having Alex with us next week.

In his segment Will focuses tightly on a terrible article in New Republic which exemplifies one of the dramatic failings of the media during election cycles. Guess what, folks, most of the time it isn’t “both sides.” Most of the time it is facts and reality on one side and absolute make-believe fear mongering on the other side. What is amazing is how easy it is to slip lies into the public space when journalists, like Clio Chang, completely fall down on the job.

I get really wonky and go into the differences between money, sovereign currency, monetary instruments and commodities like Bitcoin. Bitcoin is no more a form of money than is a Beanie Baby. Both are commodities which only have value because the market has deemed it to be such and just like the infamous Pet Rock or, historically, tulips, that “value” can dry up and blow away at any time. Bitcoin is also not a cybercurrency. Thinking of it that way is Bitcoin Bro hype which has been accepted by ~~journalists~~ sheep. These are the links to some of the articles I mention in the show.

Bitcoin is Not a Currency by Yves Smith at Naked Capitalism

Everything I was Afraid to Ask About Bitcoin but Did by Lambert at Naked Capitalism

Money & Banking Part 16: FAQs About Monetary Systems by Eric Tymoigne at New Economic Perspectives

Bitcoin’s Deflationary Weirdness by Dan Kervick at New Economic Perspectives

A note about the music in this show: I wanted to use some short snippets which fit with the themes of the blocks we were doing this week. As in the past this will not be a common thing for us, I just really love these particular songs and I thought you might want to hear them too. Selling the News, by Switchfoot, and and Channel 5 News, by Bo Burnham, both have dense and brilliant lyrics. The songs are well worth hearing in full and many times. At the very end of the show I slip in a tiny part of Cyndi Lauper’s genius acoustic reworking of her hit Money Changes Everything. It is seriously wonderful and a must-own piece of music.

Thank you to all of you and a huge thank you to Will. It has been such fun and I can’t wait for more. Carrots! – Arliss

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