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In this episode Raul Carrillo (Rulo Carrillo) joins the guys in the studio. Raul is a singer who once was signed to Sony music along with other record labels. Raul talks about his upbringing and crossing the border at a young age while also dealing with the trauma of his parents' relationship. We take a look at the ugly side of the music industry and how it can be behind the scenes. Raul shares how he's transitioned from being a struggling artist to becoming a father. Make sure to tune in.
Today we have 4 boys in spain reunion. Jessy Vazquez (with a s), Raul Carrillo, and Beau Scott. We talk about the spain trip, we eat hot wings, and we just talk about random shit. Beau has an important announcement. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/the219/message Support this podcast: https://anchor.fm/the219/support
Public banking is a hot topic in progressive circles. We at Macro n Cheese support it as long as it serves the public purpose, but not all visions of public banking are equal. Luckily, we have Nathan Tankus to help us navigate the shoals. In this second episode of a three-part series, Nathan begins by addressing the overall question of banks as public institutions. All banks, whether private, public, or democratic cooperatives, are given government charters and must abide by regulations. There may be similarities in the structure of governance, but when it comes to incentives, they are very different creatures. Nathan compares the different kinds of banks, including China’s state-owned banking system and looks at possibilities for regulations and services. Steve brings up proposals for infrastructure banks and the concept of financing public spending through a network of public banks. Some of these ideas don’t necessarily jibe with the MMT perspective; Nathan, Raul Carrillo and Andres Bernal recently wrote an article in Business Insider making the case that the federal government must pay for the Green New Deal. Full stop. The power of the federal purse is far superior to public-private partnerships or, worse, nudging the private sector to finance local public projects. Public banks can and should provide much-needed services -- at present, state and local governments keep their funds in, and make payments through, private banks that charge astronomical fees for the privilege. (We’re looking at you, Wells Fargo.) Nathan explains what it means to be “unbanked” or “underbanked,” as with individuals and communities who are denied services by the private banking industry. Much of this is taken for granted by those who have always had access. Banks provide a place to cash a check or receive automatic deposits from one’s employer, not to mention mortgages and car loans. In the US, the poor are crowded out of the banks and pushed towards predatory actors like check-cashing and payday lenders -- the high cost of poverty. Public and postal banks would provide normal banking services for those who are traditionally excluded. Nathan suggests that rather than simply making loans, public banks should award grants and emergency funds to individuals. In the second half of the episode, Steve and Nathan turn to a positive vision of the future. Steve refers to the combination of the Green New Deal, Medicare for All, a Federal Job Guarantee and a universal right to housing as an end-to-end, 360-degree plan to address inequality. Nathan looks at different aspects of each and how they are interconnected. For example, right now people migrate to a handful of metropolitan areas because that’s where they can find employment. With the job guarantee, previously abandoned communities can be revitalized, housing can be refurbished and retrofitted, and choices can be made based on preference rather than necessity. Nathan points out that a minimum wage is a leaky wage floor; it’s meaningless for those who don’t have a job. The FJG provides a true floor, forcing employers to compete with wages and benefits. Creating a “just transition” for unemployed coal miners will require more than FJG jobs. With the other social insurance in place, compensation will more nearly approximate their lost salaries. They will need childcare, supplemental income through an expanded Social Security or basic income, affordable housing, and free education. In the heat of this presidential campaign season, candidates are competing for our attention with complicated proposals. After listening to this episode you’ll be equipped to unpack their promises and assess them through a true MMT lens. https://www.businessinsider.com/green-new-deal-climate-change-government-spending-no-private-money-2019-9 Nathan Tankus is Research Director at Modern Money Network. @NathanTankus on Twitter
When we talk about debt, it’s not just what someone owes, it’s also that someone has something owed to them. That’s the absurdity of the World Debt Clock. If the entire planet is in debt, who will we pay? Jupiter? In the second half of our interview with Rohan Grey, he begins with the fact that all money is debt, but the cash in our pockets is not recorded as part of the national debt, which is concerned with debt instruments. He compares a $100 bill and a Treasury note to a checking account and a savings account. Only the latter pays interest. When Rohan goes through the realities of this secondary market for government debt -- wholly a creature of the Fed -- it is clear that all worries are for naught. Most T bonds are rolled over, and if someone wants to cash out, there’s always someone else who wants them. If there arises a situation in which nobody wants to buy them, the central bank itself will do so. The question of government debt comes up whenever there’s talk of the Green New Deal. Some have suggested it be financed by public banks, either because of political calculations or because those proposing it do not understand how money is created and believe we should take advantage of the huge pools of private wealth. Rohan points out the danger of both of those approaches. Lending rather than spending is a trap. If you need to be convinced of that, look no further than the student debt crisis. Rather than fund higher education, we said “let them eat loans!” As for the second option, well, the marrying of corporate financing and the public purpose is a good definition of fascism. Asking the Green New Deal to give a return on the investment is entirely misguided. Do we ask school children to pay back the cost of their education by the time they turn 18? Do we insist that the military to turn a profit? When we try to turn public service into a revenue-generating endeavor, we distort the entire industry. Profit itself becomes the motive force, and the actual service takes a back seat. Nowadays it’s impossible to have a conversation with a Modern Money Theorist without talking about the ubiquitous Yang gang and the UBI. Our objection can be summed up in the words of C. H. Douglas, an early creator of the UBI. His goal was to create “a democracy of consumers and an aristocracy of producers.” That says it all, doesn’t it? In their debate with Matt Bruenig in “In These Times,” Raul Carrillo and Rohan Grey expressed the demand for a world where the production process is as democratic and empowering for workers and average people as the consumption process. Steve Grumbine often speaks of the job guarantee as a democracy enhancer. The community determines which work needs to be done. Democracy at the workplace is just as important as at the ballot box. Steve and Rohan talk about democratizing the fruits of intellectual labor as well as more traditional concepts of work. They address the hysteria about robots replacing all the workers. Certain jobs can be automated, however any job that requires human beings to interact with other human beings, by definition cannot be automated. Some of our listeners may be surprised to learn that Rohan’s view of the job guarantee is significantly different from Warren Mosler’s. Tune in to find out how. Rohan Grey is the founder and president of the Modern Money Network, a research scholar at the Global Institute for Sustainable Prosperity, and a J.S.D. candidate at Cornell Law School, where his research focuses on the law of money in the internet society. http://inthesetimes.com/features/job-guarantee-universal-basic-income-up-for-debate.html https://modernmoneynetwork.org/ https://www.lawschool.cornell.edu/admissions/degrees/graduate-legal-studies/JSD-Student-Profiles-Rohan-Grey.cfm
Hoy tenemos en spectrumeros podcast a Raul Carrillo, aunque todos lo conoceis mas como Metsuke. Nos contará lo que sabe de ser un huevo que lucha por su libertad o una pelota pastillera que ve a los espiritus.
Steve Grumbine’s guest is Raul Carrillo of the New Economy Project and Modern Money Network. As an anti-poverty & economic justice attorney he has a unique perspective on the monetary system. Raul talks about his seminal article, “The Dangerous Myth of Taxpayer Money,” and the legal history of taxation, citing the Supreme Court ruling that the gov’t has power to issue money backed only by the full faith & credit of the US gov’t - not backed by gold, taxes, or bonds. He reveals some startling facts about the connection between taxation and the civil rights struggle for public education. Raul & Steve discuss the scramble to find truncated ways to present complex ideas. Progressives must attack false scarcity, which is at the core of both conservative & liberal thinking. Raul says that fighting for the Job Guarantee brings people to understand the concentration of power. It’s an awareness that can create the momentum to take on the system itself. Racial Taxation: Schools, Segregation, and Taxpayer Citizenship, 1869-1973, by Camille Walsh https://www.uncpress.org/book/9781469638942/racial-taxation/ https://splinternews.com/the-dangerous-myth-of-taxpayer-money-1819658902 @RaulACarrillo on Twitter Modern Money Network https://modernmoneynetwork.org/ New Economy Project https://www.neweconomynyc.org/ Special Thanks to Geoffrey Ginter for the excellent intro song! And of course special thanks to our guest Christian Reilly, the donors of Real Progressives and our excellent staff of volunteers.
Our guest is Raul Carrillo, an anti-poverty & economic justice attorney, who shares startling facts about the history of the monetary system. He and Steve discuss strategies, like the FJG, for progressives to challenge the power structure.
4 December 2017 - Though Will is still on vacation, I am joined by two of our associates. Basically, we came at the subject of framing from many different directions throughout the show. I start with a fairly deep dive into dynamic scoring. I know––you can't wait, right?!? While scoring methodology is one of those suuuuuppppper dry subjects, dynamic scoring in important because of the framing space it supposedly grants to Republicans and because this frame is so good at getting us to take our eyes off the carrot. Paying attention to what actually matters in this reality means that we MUST STOP talking about deficits and stay focused on our values, on the real economy and on the welfare and happiness of our people - and by that I mean #AllOfUs. Hopping Mad Associate, Alexis Dent, is up next. For those of you who are regular listeners, you will notice that Joel has changed his name to Alexis and he begins his block by briefly telling us about that before talking about the current conversation which is everywhere these days, sexual harassment. Alexis is not sharing or commenting upon the latest stories or scandals, rather he is talking about what he believes to be a shift in some of the long-standing victim-blaming agendas and his concern about the inevitable backlash. He also takes a few minutes to address the fact that not all victims are women and while this is a time for women to have their say, all of those who have been the victims of predators are to be believed, supported and empowered. HM Associate David Paquette is back with us again to keep diving into health insurance related issues. This time he uses an excellent framing, likening health insurance to the fire department. I did not know anything about the insurance industry efficiency scoring of fire departments but Dave explains it well and appropriately. He moves from there to a discussion of the use of emergency rooms as primary insurance of last resort and how The Emergency Medical Treatment and Active Labor Act (EMTALA) came into being. Another fascinating story I did not know. Dave ties all of this back to the Donor's Relief Bill, currently known as the Republican Tax Plan, in a very timely way. In Extra Mad I close out the show with a terrific article, from SplinterNews.com, by Raúl Carrillo (@RaulACarrillo), of New Economy Project, and Jesse Myerson, of Hoosier Action, The Dangerous Myth of 'Taxpayer Money'. This is an outstanding article about framing and how we talk about public money from the point of view of two experienced and accomplished activists. I recommend that you read it and share it WIDE. Will is back next week! Carrots! - Arliss