The Economy

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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KPFT is in Pledge Drive and this is your final chance to support The Monitor. The show has a goal of $650 for the hour. Please call 713.526.5738 during the show to pledge your support. You can also donate securely online at https://pledge.kpft.org/ Just select The Monitor from the list of shows and enter your details. Thank you!

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!

You can still get a copy of Peter Van Buren’s We Meant Well: How I 51avkcm9n5l-_sx327_bo1204203200_Helped Lose the Battle for the Hearts and Minds of the Iraqi People by pledging $60 or more to support KPFT and The Monitor.

 

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

Show Details for the week of November 10th, 2014

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On The Monitor this week:

  • Despite the Democrats shalacking in the midterms the Minimum Wage is Four for Four…in “Red States.” We talk to Peter Davis about the issue.
  • As Veteran’s Day approaches, why do we keep thanking the troops? We discuss the topic with Rory Fanning.

More about this week’s guests:

Peter Davis  is a campaign activist for Time for a Raise campaign, a project of Ralph Nader’s Center for the Study of Responsive Law. He and Ralph Nader just co-wrote a letter to Harry Reid and Nancy Pelosi which states: “Buried underneath the coverage of the Democrats’ second midterm ‘shalackin’ in a row is a stark public sentiment that provides a path forward for your caucuses during the upcoming lame duck session. Despite the Republican wave, a minimum wage raise passed in every state in which it was on the ballot. These were not coastal blue states: the four 2014 minimum wage ballot initiatives ­­– for Alaska, Arkansas, Nebraska, and South Dakota — ­­passed in Republican-dominated states which all elected Republican senators alongside the initiative. If your caucuses were to uniformly and exuberantly push for a minimum wage raise in the upcoming Congressional work session, it would transition the national media narrative away from Republican momentum in the never-­ending horse race and towards whether the new Congressional leadership will be responsive to the public sentiment and needs of American workers.” See the full letter.

In August, Nader wrote the piece “Democrats Are Doomed (Unless They Make the Minimum Wage the #1 November Election Issue).”

Nader’s latest book is Unstoppable: The Emerging Left-Right Alliance to Dismantle the Corporate State. Earlier this year, Nader’s office hosted a conference on left-right alliance. See video of the conference here.

Rory Fanning walked across the United States for the Pat Tillman Foundation in 2008–2009, following two deployments to Afghanistan with the 2nd Army Ranger Battalion. He is a housing activist living in Chicago, Illinois and the author of the forthcoming book, Worth Fighting For: An Army Ranger’s Journey Out of the Military and Across America (Haymarket, 2014).

 

Quote:

“Last week, in a quiet indie bookstore on the north side of Chicago, I saw the latest issue of Rolling Stone resting on a chrome-colored plastic table a few feet from a barista brewing a vanilla latte. A cold October rain fell outside. A friend of mine grabbed the issue and began flipping through it. Knowing that I was a veteran, he said, ‘Hey, did you see this?’ pointing to a news story that seemed more like an ad. It read in part:  “This Veterans Day, Bruce Springsteen, Eminem, Rihanna, Dave Grohl, and Metallica will be among numerous artists who will head to the National Mall in Washington, D.C. on November 11th for ‘The Concert For Valor,’ an all-star event that will pay tribute to armed services.

Concert For Valor? That sounds like something the North Korean government would organize,’ I said as I typed Concertforvalor.com into my MacBook Pro looking for more information… As I read, my heart sank, my shoulders slumped. Special guests at the Concert for Valor were to include: Meryl Streep, Tom Hanks, and Steven Spielberg. The mission of the concert, according to a  press release, was to ‘raise awareness’ of veterans issues and ‘provide a national stage for ensuring that veterans and their families know that their fellow Americans’ gratitude is genuine. Former Secretary of Defense Robert Gates and former Chairman of the Joint Chiefs Admiral Michael Mullen were to serve in an advisory capacity, and Starbucks, HBO, and JP Morgan Chase were to pay for it all. ‘We are honored to play a small role to help raise awareness and support for our service men and women,’ said HBO chairman Richard Plepler. Will the ‘Concert for Valor’ mention the trillions of dollars rung up terrorizing Muslim countries for oil , the ratcheting up of the police and surveillance state in this country since 9/11, the hundreds of thousands of lives lost thanks to the wars of George W. Bush and Barack Obama? Is anyone going to dedicate a song to Chelsea Manning , or John Kiriakou , or Edward Snowden — two of them languishing in prison and one in exile — for their service to the American people? Will the Concert for Valor raise anyone’s awareness when it comes to the fact that, to this day, veterans lack proper medical attention, particularly for mental health issues, or that there is a veteran suicide every 80 minutes in this country? Let’s hope they find time in between drum solos, but myself, I’m not counting on it.”

Recent Articles:

Rory Fanning, Why Do We Keep Thanking the Troops?

Friendly? All Deaths Are Shameful in a War That Shouldn’t Be

Show Details for the week of September 22nd, 2014

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On The Monitor this week:

  • Behind Obama’s Immigration Policy – an interview with David Bacon
  • The case for a ban on fracking – an interview with Hugh MacMillan

More about this week’s guests:

David Bacon

David  Bacon is author of The Right to Stay Home and three other books on immigration. He is a labor and immigrant rights activist, and part of the Dignity Campaign. He is an Award-winning photojournalist and author and has spent twenty years as a labor organizer. For the last two decades he has been a reporter, documentary photographer, and longtime radio host. He appears often on KPFA Radio. His previous books included The Children of NAFTA, Communities Without Borders, and Illegal People. He has been an associate editor at Pacific News Service and has written for TruthOut, The Nation, The Progressive, The American Prospect and The San Francisco Chronicle. As an immigrant rights activist, Bacon helped organize the Northern California Coalition for Immigrant Rights and the Labor Immigrant Organizers Network.

Quote:

“President Obama’s decision to delay lifting the threat of deportation from many people is a retreat that will result in more deportations, detentions and firings of people who need equality, legal status and human rights. In the name of protecting Democrats in the midterm election, his decision will instead hurt those families who have been some of his greatest supporters. It does nothing to move forward to solve the problems of migration. More people will come to the U.S. tomorrow, driven by poverty and repression, made worse by our pro-corporate trade agreements and foreign intervention. Beefing up enforcement simply criminalizes them, while the continuation of pro-business guest worker programs provides a blatant subsidy for corporations who want to keep wages down and unions weak. We need pro-immigrant and pro-worker immigration reform, not more delays, draconian enforcement and corporate labor schemes.”

You can follow him on twitter here

Hugh MacMillan

Hugh MacMillan is a senior researcher in the water program at Food & Water Watch. Prior to joining Food & Water Watch, he served one year as a legislative fellow and science advisor in the U.S. Senate and five years as an assistant professor in the Department of Mathematical Sciences at Clemson University. He has a Ph.D. in applied mathematics from the University of Colorado at Boulder.

Last week was the People’s Climate March in New York and Food & Water Watch executive director Wenonah Hauter published an article titled “To Save the Climate, We Need a Ban on Fracking” saying “Fracking affects not only the millions living within a mile of fracking sites who experience health problems, polluted water, earthquakes, explosions and declined property values, but it also affects billions globally who are affected by climate change.” The article goes on to say that “Despite what the oil and gas industry claim, there have now been over 150 studies on fracking and its impacts that raise concerns about the risks and dangers of fracking and highlight how little we know about its long-term effects on health and our limited freshwater supplies. It’s time for President Obama and other decision makers to look at the facts. It’s a matter of our survival.”

He is also the main author of The Urgent Case for a Ban on Fracking which states in part that the environmental, public health and socioeconomic impacts that stem from fracking amount to unacceptable risk, and that the harms are certain.