The Economy

Show Details for the week of June 5th, 2017

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On The Monitor this week:

What does the decision to withdraw the U.S. from the Paris Climate Accord mean from the environmental and legal perspectives? Our guests are Neil Tangri and Marjorie Cohn.

More about this week’s guests:

ybktv7khbf4jdiyvbjnkfrileq0ymnvbmpps1nqzisNeil Tangri is a PhD candidate in climate science at Stanford University. He previously led the international waste picker/GAIA climate change campaign, which succeeded in ending international climate subsidies for incinerators and landfills. He is an expert on international environmental policy and finance. Quote: “Trump’s decision isn’t going to affect U.S. emissions, which is ultimately what is most important. As renewables replace fossil fuels and electric vehicles replace gasoline cars, those will continue to drop, albeit not as fast or as far as needed. The pull-out from Paris is going to change the international political dynamic. Already, China, India, the EU, and even Russia have reaffirmed their commitment to the Paris Agreement, which is good news for the world. It means that the U.S. is abandoning its influence in the international arena, and the world will increasingly look to China for leadership on climate and other issues.”

Marjorie Cohn SpeakingMarjorie Cohn is professor emerita at Thomas Jefferson School of Law where she taught from 1991-2016, and a former president of the National Lawyers Guild. She lectures, writes, and provides commentary for local, regional, national and international media outlets. Professor Cohn has served as a news consultant for CBS News and a legal analyst for Court TV, as well as a legal and political commentator on BBC, CNN, MSNBC, Fox News, NPR, and Pacifica Radio.

The author of Cowboy Republic: Six Ways the Bush Gang Has Defied the Law and co-author of Cameras in the Courtroom: Television and the Pursuit of Justice (with David Dow) and Rules of Disengagement: The Politics and Honor of Military Dissent (with Kathleen Gilberd), Professor Cohn is editor of and contributor to The United States and Torture: Interrogation, Incarceration and Abuse, and Drones and Targeted Killing: Legal, Moral, and Geopolitical Issues.

Show Details for the week of May 1st, 2017

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On The Monitor this week:

Since we have passed the “first 100 days” into the Trump administration, it is time to assess two key issues:

  1. As a candidate Trump often said he wanted to run the country like a business. His business acumen is one of his supposed strong suits. So what exactly does “Trumponomics” mean? And can “Trumponomics” extend the economic recovery that started after the 2008 global recession?
  2. The Democratic Party was mired in internal conflict both before and since election day. Revelations of DNC officials doing everything they could to tip the balance in favor of a Clinton nomination are continuing to emerge. What is the current state of the Democratic Party and its efforts towards party unity?

We discuss these issues with Stephanie Kelton and Robert Borosage

More about this week’s guests:

keltonStephanie Kelton is professor of economics at the University of Missouri-Kansas City. She served as chief economist on the U.S. Senate Budget Committee in 2015 and then became an economic advisor to the Bernie Sanders 2016 presidential campaign. She was the Founder and Editor-in-Chief of the top-ranked blog New Economic Perspectives and a member of the TopWonks network of the nation’s best thinkers. In 2016, POLITICO recognized her as one of the 50 people across the country who is most influencing the political debate. Her book, The State, The Market and The Euro (2001) predicted the debt crisis in the Eurozone, and her subsequent work correctly predicted that: (1) Quantitative Easing (QE) wouldn’t lead to high inflation; (2) government deficits wouldn’t cause a spike in U.S. interest rates; (3) the S&P downgrade wouldn’t cause investors to flee Treasuries; (4) the U.S. would not experience a European-style debt crisis. She recently wrote the paper “Can ‘Trumponomics’ extend the recovery?

Also see: “Bernie Sanders’ Economic Advisor Shreds Trumponomics” in CounterPunch.

borosage-e1364403595308-220x150Robert Borosage writes a weekly column for The Nation magazine and is a senior advisor of People’s Action. He is the founder and president of the Institute for America’s Future and co-director of its sister organization, the Campaign for America’s Future. The organizations were launched by 100 prominent Americans to develop the policies, message and issue campaigns to help forge an enduring majority for progressive change in America. Mr. Borosage writes widely on political, economic and national security issues. He is a Contributing Editor at The Nation magazine, and a regular blogger at The Huffington Post. His articles have appeared in The American Prospect, The Washington Post,Tthe New York Times and the Philadelphia Inquirer. He edits the Campaign’s Making Sense issues guides, and is co-editor of Taking Back America (with Katrina Vanden Heuvel) and The Next Agenda (with Roger Hickey).

“For all the urgent pleas for unity in the face of Trump, the party establishment has always made it clear that they mean unity under their banner,” Borosage wrote in a recent article. “That’s why they mobilized to keep the leader of the Congressional Progressive Caucus, Representative Keith Ellison, from becoming head of the DNC. It’s why the knives are still out for Sanders and those who supported him.”

Borosage commented that “Democrats are in the midst of a major struggle to decide what they stand for and who they represent.” And he added: “Part of that is the debate over a bipartisan interventionist foreign policy that has so abjectly failed.”

Also see: ‘Shattered’ Reveals Clinton and Sanders Staffs Struck Deal to Hide Protests: Democratic National Convention reality much different than media coverage

Show Details for the week of February 6th, 2017

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On The Monitor this week:

  • A round up of US national security news with Jonathan Landay
  • William Black on the Trump administration’s dismantling of the Obama administration’s already insufficient post-2008 financial regulations

More about this week’s guests:

Jonathan Landay is a reporter for Reuters covering national security. He previously worked for McClatchy/Knight-Ridder, the Christian Science Monitor, and United Press International. Landay partnered with Warren Strobel on a series of stories skeptical of the George W. Bush administration’s claims about Iraq’s weapons of mass destruction as justification for war; they received the Raymond Clapper Memorial award from the Senate Press Gallery for their work. Landay, Marisa Taylor, and Ali Watkins were 2015 Pulitzer Prize finalists for their work on the Senate Intelligence Committee’s report regarding the CIA’s torture programs. You can read his latest stories here.
William K. Blackwilliam black's portrait, J.D., Ph.D. is Associate Professor of Law and Economics at the University of Missouri-Kansas City. Bill Black has testified before the Senate Agricultural Committee on the regulation of financial derivatives and House Governance Committee on the regulation of executive compensation. He was interviewed by Bill Moyers on PBS, which went viral. He gave an invited lecture at UCLA’s Hammer Institute which, when the video was posted on the web, drew so many “hits” that it crashed the UCLA server. He appeared extensively in Michael Moore’s most recent documentary: “Capitalism: A Love Story.” He was featured in the Obama campaign release discussing Senator McCain’s role in the “Keating Five.” (Bill took the notes of that meeting that led to the Senate Ethics investigation of the Keating Five. His testimony was highly critical of all five Senators’ actions.) He is a frequent guest on local, national, and international television and radio and is quoted as an expert by the national and international print media nearly every week. He was the subject of featured interviews in Newsweek, Barron’s, and Village Voice.

Show Details for the week of September 12th, 2016

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On The Monitor this week:

  • Questioning the dominant narrative surrounding the “threat” posed by North Korea’s nuclear test – an interview with James Bradley
  • Demonizing and misunderstanding China – a previous interview with Henry Rosemont JR

More about this week’s guests:

iwa5James Bradley is a historical non-fiction author. His books include the bestsellers Flags of Our Fathers and Flyboys. His most recent book is The China Mirage: The Hidden History of American Disaster in Asia. He just wrote the piece “Whose Nukes to Worry About?” published on CounterPunch.

Quote: “North Korea carried out its fifth nuclear test on Friday, September 9. President Obama has condemned the action while the Pentagon called it a ‘serious provocation.’ Ho-hum, here we go again. Every year America pays its vassal-state South Korea huge sums of U.S. taxpayer money to mount 300,000-man-strong military ‘games’ that threaten North Korea. North Koreans view images that never seem to make it to U.S. kitchen tables: hundreds of millions of dollars’ worth of U.S. armaments swarming in from the sea, hundreds of tanks and thousands of troops — their turrets and rifles pointed north — and nuclear-capable U.S. warplanes screaming overhead. But when a young dictator straight out of central casting responds to U.S. threats with an underground test on North Korea’s founding day, it’s the #1 story on the front page of the New York Times.

Let’s connect some dots. Washington and their note takers in the American press constantly tell us that crazies in Pyongyang and Tehran are nuclear threats. The misplaced, but easily sold, fears of the ‘North Korean missile threat’ and the ‘Iran missile threat’ allows the Pentagon to install ‘defensive’ missile systems in South Korea and the Ukraine which are actually offensive systems targeting Beijing and Moscow. We need to look beyond the simplistic, race-based cartoon-like scaremongering to see that far more reality-based and frightening is the nuclear threat posed by the United States.

President Obama — the Nobel Prize winner who pledged to lead a nuclear-free world — has committed over $1 trillion dollars to modernize America’s nuclear arsenal. Almost unreported by the press, we have been spending a bundle to make nukes ‘usable,’ by miniaturizing them. And to top it off, Obama has approved a ‘first use’ option for the U.S.”

headshotHenry Rosemont JR is distinguished professor emeritus at St. Mary’s College of Maryland and visiting scholar of religious studies at Brown University. He also spent three years in China as Fulbright Senior Lecturer at Fudan University in Shanghai.

Among his books are A Chinese Mirror, Rationality and Religious Experience, Is There A Universal Grammar of Religion? (with Huston Smith), and A Reader’s Companion to the Confucian Analects. He has edited and/or translated ten other books, including Leibniz: Writings on China (with Daniel Cook) and with Roger Ames, The Analects of Confucius: A Philosophical Translation. His latest book is the recently released Against Individualism: A Confucian Rethinking of the Foundations of Morality, Politics, Family and Religion.

Quote: “As the state visit of President Xi Jinping draws nigh, his demonization at the hands of the media, many members of Congress and most of the presidential candidates will make it difficult for the Obama administration to suggest a much more cooperative than confrontational approach to U.S.-China relations. But brinksmanship with China is even more irrational than with Iran, for (at least) four reasons. First, it almost surely will not be effective. China cannot be bullied, and the U.S. has a far greater capacity to influence the country positively than negatively. Second, cooperation rather than confrontation — or even competition — would be in the best economic, military, social and environmental interests of both nations. Third, increased tensions and mutual distrust between the U.S. and China instead of close cooperation will eliminate what may well be the best option for providing a measure of global stability that neither the U. N., E.U., World Bank, I.M.F. or other international institutions seem capable of maintaining any longer on their own. And the 4th reason is the unthinkable: World War III, nuclear weapons and all.

Background: Bloomberg reports: “Wisconsin Governor Scott Walker wants President Barack Obama to cancel Chinese president Xi Jinping’s upcoming state visit. Stealing some of his thunder, Florida Senator Marco Rubio swooped in and countered that it should be downgraded to a regular working visit.” CNN headlined a story last week: “Donald Trump: No state dinner — only Big Mac — for China’s president.”

The Huffington Post recently published excerpts of Rosemont’s  most recent book. See: “We All Think We’re Individuals. Here’s Why That’s Not True, And Why The Lie Is Told,” which states: “It is possible to challenge the libertarian on moral and political grounds, but not, I believe, if one accepts a foundational individualism as grounding ethics.”

See video of his talk at the China Studies center at Saint Vincent College.

In 2008, he co-wrote the piece “Is China a Threat?

Show Details for the week of August 8th, 2016

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On The Monitor this week:

  • Deconstructing environmental party politics with Dahr Jamail
  • Bernie Sanders supporters going Green with YahNe Ndgo

More about this week’s guests:

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Dahr Jamail is a journalist who is best known as one of the few unembedded journalists to report extensively from Iraq during the 2003 Iraq invasion. He spent eight months in Iraq, between 2003 to 2005, and presented his stories on his website Dahr Jamail’s Mideast Dispatches

He has appeared on The Monitor with Mark Bebawi several times in the past, including live unembedded reports from Iraq at the height of the US invasion. Since his return he has written two books – “The Will to Resist: Soldiers Who Refuse to Fight in Iraq and Afghanistan,” (Haymarket Books, 2009), and “Beyond the Green Zone: Dispatches From an Unembedded Journalist in Occupied Iraq,” (Haymarket Books, 2007).

More recently Dahr has been covering environmental topics. You can read his latest articles on his website. The interview will focus on the policies of the various parties on climate change.

dv-xlagoYahNe Ndgo describes herself as “Bernie Lover, Ubuntu Promoter, Singer, Writer, Activist, Traveler, Mother, Sister, Auntie, Daughter, Granddaughter, Cousin, Friend, Neighbor, Lover, Human Being” and gained significant attention when a CNN interview she gave went “viral”: YahNe Ndgo explains Bernie or Bust/Never Hillary

She was one of the keynote speakers at the Green Party’s convention in Houston and I interviewed her for Pacifica’s live coverage of that event. I asked her about the Sanders campaign, his supporters’ potential for voting Green, and what motivates her political activities.

Show Details for the week of August 1st, 2016

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On The Monitor this week:

  • The DNC from the inside, and the outside, with Lenny Siegel
  • The Freak out over Brexit in the context of Interventions and Austerity, with Robin Hahnel

More about this week’s guests:

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Image Credit: Mountain View Voice

Lenny Siegel is a member of the Mountain View (CA) City Council and was a Bernie Sanders delegate at the Democratic National Convention. Siegel was a leader of the anti-war student movement at Stanford University from 1966 to 1975. He founded Mountain View Voices for Peace for both Iraq Wars. Since 1989, he’s become a national leader in the effort to clean up contaminated military bases. He ran for office three times before eventually winning. His term expires in 2019.

Quote: “The highlight of the evening for me came when former CIA Director Leon Panetta spoke. Other than honoring veterans, few speakers at the convention have addressed foreign policy. But Panetta was assigned to defend the Obama-Clinton policies of regime change and the war on terror, two terms they don’t use because they were associated with George W. Bush. To be honest, given what happened, I don’t remember exactly what he said, other than claiming credit for killing Osama bin Laden. I sat there quietly and sadly, holding up a hand-made sign I got from the fellow sitting next to me. It read, ‘End the drone wars.’ Democrats are quick to criticize Republican wars, but most are reluctant to challenge Democratic Commanders in Chief. I am not looking forward to four or eight more years of endless war. To my surprise, across the hall the Oregon delegation started chanting ‘No more war!’ Or maybe it was ‘wars.’ Our larger group quickly echoed them. I couldn’t tell if other delegates joined in. Before long, the masters of the house dimmed the lights shining on the Oregon delegation. We shouted ‘Lights, Lights …’ The Oregonians pulled out their smartphones and turned on their flashlight apps. It looked like a cosmic constellation. We shone ours, and I believe others were shining elsewhere in the arena.”

robin_hahnelRobin Hahnel is professor emeritus at the American University. He is best known as a radical economist and co-creator of a post-capitalist economic model known as “participatory economics.” His ten books include The Political Economy of Participatory Economics (Princeton University Press). He just wrote the piece “Brexit: Establishment Freak Out,” which states: “It is comical to watch the establishment on both sides of the Atlantic panic over short-run economic damage due to market ‘over reaction,’ because any danger of this is due to their own negligence. Only because the establishment has hitched our economic destinies to the whims of financial markets is there any need to worry that Brexit might trigger yet another global meltdown. Only because the establishment failed to implement prudent, financial regulation in the seven years since the last financial crisis crashed the global economy is there any danger today. Only because the Cameron government and the European Commission responded to the Great Recession with counterproductive fiscal austerity is a return to deeper recession in Europe quite probable. But we can be sure of one thing: All negative economic trends will now be blamed on Brexit and the populist ‘mob’ who brought it on, rather than on the establishment’s neoliberal policies which are actually responsible.” You can follow him on Twitter here: @RobinHahnel and you can read more examples of his work here:

Economic Growth, Climate Change, and Capitalism

Brexit: Establishment Freak Out

‘Told You So’ Is Bitter Sweet

Capitalist Cheating

An Open Letter to the Climate Justice Movement

Read more…

Show Details for the week of May 23rd, 2016

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This week we feature an interview with Mark Karlin during which we will discuss some of his recent articles and the importance of independent media.

More about this week’s guest:

markkarlin-0Mark Karlin is the editor of BuzzFlash at Truthout. He served as editor and publisher of BuzzFlash for 10 years before joining Truthout in 2010. BuzzFlash has won four Project Censored Awards. Karlin writes a commentary five days a week for BuzzFlash, as well as articles (ranging from the failed “war on drugs” to reviews relating to political art) for Truthout. He also interviews authors and filmmakers whose works are featured in Truthout’s Progressive Picks of the Week. Before linking with Truthout, Karlin conducted interviews with cultural figures, political progressives and innovative advocates on a weekly basis for 10 years. He authored many columns about the lies propagated to launch the Iraq War.

Some of his recent articles:

Thomas Frank: Bill Clinton’s Five Major Achievements Were Longstanding GOP Objectives

Co-Chair of 9/11 Task Force Wants Secret Saudi Involvement Document Released

Terrorism Is Profitable for US Weapons Manufacturers

Donald Trump Claims He Didn’t Know His Former Butler for Many Years and Current Pal Is a Rabid Racist, Misogynist and Islamophobic in the Most Vulgar Way

Thank you gifts!

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We also still have copies of Nation on the Take by Wendell Potter and Nick Penniman as a NationOnTheTakehirezthank you gift for your donation of $90 or more. This book exposes legalized corruption and links it to kitchen-table issues. We spoke to Wendell on the April 25th show so take a list to that for a preview of the book