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Download Episode. Scott is joined by Mark Thornton, Senior Fellow at the Mises Institute, to discuss an article he wrote recently on the current housing bubble. They begin by discussing the damage that unbacked government-managed paper money does to the United States and the world. They relate that back to our current economic situation where we are feeling the effects of the enormous monetary expansion the Fed unleashed in 2020. Next, they turn to housing where Thornton, who was an early observer of the housing bubble that crashed in 2007, explains how that bubble has evolved into what we have today. Lastly, they discuss the virtues of free trade and the problems with government-run “free trade blocs.” Discussed on the show: “The Fed's Latest Housing Bubble” (Mises.org) “Housing: Too Good to Be True” (Mises.org) “Biden's Baby Formula Airlift Stunt Should Never Have Been Necessary” (Reason) Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider mises.org/events Mark Thornton is a senior fellow at the Mises Institute. His most recent book is The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century. Follow him on Twitter @DrMarkThornton This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods' Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Free Range Feeder; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt and Listen and Think Audio. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjYu5tZiG.
On this edition of Parallax Views, New York Times bestselling author and investigative journalist Christopher Leonard joins us to discuss his new book The Lords of Easy Money: How the Federal Reserve Broke the American Economy. The book chronicles how the Federal Reserve under Ben Bernanke dealt with the 2008 Global Financial Crisis and its aftermath from 2010-2014. In doing so he attempts to offer a concise and highly critical examination of the policy known as quantitative easing and makes the case that quantitative easing has enriched the wealthy at the expense of the working and middle classes through a form of hyper-trickle-down economics. Leonard and I begin the conversation by discussing his earlier works The Meat Racket: The Secret Takeover of America's Food Business and Kochland: The Secret History of Koch Industries and Corporate Power in America. We then discuss how his critical examination of the Federal Reserve departs from many of the criticisms of the Fed from libertarians and the right such as G. Edward Griffin's The Creature from Jekyll Island. Leonard also praises William Greider's seminal work on the subject Secrets of the Temple. From there we delve into what the Federal Reserve is, what it isn't, and the question of whether it is a public or private institution as well as the ways the Fed, and monetary policy in general, is often treated as being too mystical for a layperson to understand (even if this is not the case). Leonard also explains the concept of quantitative easing and how it has, he argues, enriched the wealthy at the expense of the working and middle classes. Among the many other topics, we cover in the conversation: the Federal Reserve and the Tea Party Movement in November 2010, the story of former President of the Federal Reserve Bank of Kansas City Thomas Hoenig's dissenting from Ben Bernanke's quantitative easing policies, Alan Greenspan and ideology within the institution of the Federal Reserve, the populist William Jennings Bryan and his "Cross of Gold" speech, Bill Clinton and the declaration he made during his Presidency that "the era of big government is over", hyper-trickle-down economics, Andrew Mellon, and much, much more!
Host of KPFK FM, Author of Enough Already, Director of Libertarian Institute.Org Scott Horton joins Chrissie Mayr to talk about government overreach, the housing market, boom and bust cycles, the Fed, Afghanistan, Biden, Crypto, William Greider's Secrets of the Temple, and more! Thank you to our sponsors! Stand Alone is a new SubStack by Melissa McCutcheon, an artist and former professor who quit due to the corruption of academia. You can subscribe at https://standalone.substack.com. It's free, and there are some really valuable bits of advice regarding individual empowerment, and ways to stay true to your principles in the face of adversity. Feeling Anxious? Smoke your CBD! Go to Kushy Dreams and use the code CMP to get 20% off your order plus free shipping! https://kushydreams.com/ Dating Sites SUCK! So go check out the brand new and FREE Drom.Date/CMP Use Log In Code CMP and you choose the dealmakers and dealbreakers! Treat yo self! Go to AdamandEve.com and use promo code CMP to get 20% off plus free shipping! Do you enjoy my video content? I use Streamyard and it's made the BIGGEST impact on my livestreams, videos, and clips! FREE 14 Day Trial if you use my referral code! https://streamyard.com?fpr=chrissie
Green and Red commemorates Labor Day with labor Journalist and founder of "Payday Report" Mike Elk (@MikeElk). We begin by talking about the historical origins of Labor Day in the U.S. (where Labor Day occurs in September rather than on May 1, like most of the world) and we pay tribute to the late Stanley Aronowitz. We had a wide-ranging discussion with Mike Elk, who began by giving up updates on the Warrior Met Coal strike in Alabama and the Amazon union drive that took place there earlier this year. After that we spoke about the role of labor in the post World War II period, and discussed the importance of people such as Ed Asner, Walter Mondale, and William Greider. We also talked about what to expect from the AFL-CIO with new President Liz Shuler and the legacy of the late Richard Trumka. We, again, paid tribute to the brave women who were fired from Collin College and pointed out how the New York Left did nothing to help them. Finally, we talked about the role of "gatekeepers" in labor journalism and education--the way that people who don't have working-class backgrounds have come to dominate the way we on the Left talk about labor. Links// Payday Report: https://paydayreport.com/ Gallup: Approval of Labor Unions at Highest Point Since 1965 (https://bit.ly/2VfsWe2) Stanley Aronowitz, Labor Scholar and Activist, Dies at 88 (https://nyti.ms/3DRFqdw) The Nation: Ed Asner, American Socialist (https://bit.ly/3tdJfoe) Follow Green and Red// Facebook: https://www.facebook.com/GreenRedPodcast Twitter: https://twitter.com/PodcastGreenRed Instagram: https://www.instagram.com/greenredpod... YouTube: https://bit.ly/GreenAndRedOnYouTube Donate to Green and Red Podcast// Become a recurring donor at https://www.patreon.com/greenredpodcast Or make a one time donation here: https://bit.ly/DonateGandR This is a Green and Red Podcast production. Produced by Bob (@bobbuzzanco) and Scott (@sparki1969). “Green and Red Blues" by Moody. Editing by Isaac.
Our obligatory pod where we finally take covid-19 seriously. Peter's freaking out, Dan smells blood, and who knows where we'll end up on the other side of this. Overtime's back! And our autopsy of the Sanders campaign begins: www.patreon.com/thenewsneverends Links: Lawrence O'Donnell & William Greider on what it takes to be taken seriously https://www.youtube.com/watch?v=FqRNnIMDkUY Fucking global crisis https://twitter.com/BenjaminPDixon/status/1240438512509489159 Thurgood Marshall library https://twitter.com/AbshirDSM/status/1240026955711492104?s=20 Larry Romanoff at Global Research on coronavirus origins https://www.globalresearch.ca/china-coronavirus-shocking-update/5705196 Killing poor people https://theintercept.com/2020/03/18/illinois-polling-locations-low-income-seniors/ Theme song credit: "Robobozo" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/
Ralph welcomes former Deputy Secretary of the US Treasury and Federal Reserve governor, Sarah Bloom Raskin, to talk about how we should really measure the health of the economy and how America’s central bank influences that for good and ill. Plus, Ralph pays tribute to the late political and economic reporter, William Greider, the man who among many things, coined the term, “Nader’s Raiders.”
William Greider always knew that the chickens would come home to roost. Over many conversations, since 1997, he seemed to know and report the truth of that old adage "that if things were going to stay the same, a lot of things had to change." My conversation with Greider in March of 2010. RIP William Greider
Binyamin Appelbaum is the lead writer on business and economics for the editorial board of The New York Times, and he was previously a Washington correspondent for The Times covering the Federal Reserve and other aspects of economic policy. Binyamin is also a returning guest to the show, and joins today to talk about his new book, *The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society*. David and Binyamin also discuss Milton Friedman’s influence on economic thought during the postwar era, the history of the emergence of supply side economics, and the consequences that have arisen from committing too strongly to free market principles. Transcript for the episode: https://www.mercatus.org/bridge/podcasts/11182019/binyamin-appelbaum-economists%E2%80%99-hour-false-prophets-free-markets-and Binyamin’s Twitter: @BCAppelbaum Binyamin’s New York Times profile: https://www.nytimes.com/by/binyamin-appelbaum Related Links: *The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society* by Binyamin Appelbaum https://www.littlebrown.com/titles/binyamin-appelbaum/the-economists-hour/9780316512329/ *Secrets of the Temple: How the Federal Reserve Runs the Country* by William Greider https://www.simonandschuster.com/books/Secrets-of-the-Temple/William-Greider/9780671675561 *More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources - and What Happens Next* by Andrew McAfee https://www.simonandschuster.com/books/More-from-Less/Andrew-McAfee/9781982103576 David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
Donald Kohn is a senior fellow at the Brookings Institution and currently serves as an external member of the Financial Policy Committee at the Bank of England. Donald is also a 40-year veteran of the Federal Reserve System, serving previously as a governor and then as vice-chair of the Board of Governors from 2002 to 2010. He joins the show today to talk about his journey through the Federal Reserve System in addition to some of his recent work. David and Donald also discuss Fed policy during the ‘80s, expanding the types of assets the Fed could purchase, and the challenges it faces today. Transcript for the episode: https://www.mercatus.org/bridge/podcasts/02012019/burns-powell Donald’s Brookings profile: https://www.brookings.edu/experts/donald-kohn/ Donald’s Federal Reserve History biography: https://www.federalreservehistory.org/people/donald_l_kohn Related Links: *The Anguish of Central Banking* by Arthur Burns http://www.perjacobsson.org/lectures/1979.pdf *Secrets of the Temple: How the Federal Reserve Runs the Country* by William Greider https://www.simonandschuster.com/books/Secrets-of-the-Temple/William-Greider/9780671675561 *Keeping At It: The Quest for Sound Money and Good Government* by Paul Volcker https://www.publicaffairsbooks.com/titles/paul-volcker/keeping-at-it/9781541788299/ David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
Today, Nicole Sandler speaks with author/journalist William Greider about his column for The Nation that asks how the Democratic Party lost its soul, and more. Plus She's History's Amy Simon on our sexual abuse epidemic.
"The power shift did not start with Obama, but his tenure confirms and completes it." Whether or not you agree with that statement, don't miss this incredible interview with William Greider of The Nation.
Aired 03/21/10 I've been trying to book William Greider ever since I read an article of his last August about restructuring the Federal Reserve. For some, the Fed is the at the center of all that ails us. For others, it is the right place to house any new financial regulatory powers we might gain as a result of the current crisis. There are now 32 co-sponsors for S604 in the Senate and 317 for HR1207 in the House for bills to audit the Federal Reserve, and 95,000 have signed a petition at http://www.auditthefed.com/ Just yesterday The U.S. Court of Appeals for the Second Circuit in New York ruled the Federal Reserve must disclose the names of banks that could have collapsed if they had not received emergency loans. Greider wrote perhaps the finest book on the Federal Reserve and always seems to keep an eye on its secretive and too powerful ways. He challenged Greenspan and Paulson long before it was fashionable. And he was right. We'll focus on the Fed and deal with other economic and political issues if we have time.
The JOURNAl profiles James Thindwa, whose campaign for economic fairness for working people in Chicago has brought him up against the city's powerful political establishment and corporate giant Wal-Mart. For Thindwa, the battle is never over. For years best-selling author William Greider sounded the alarm about Washington's unholy alliance with Wall Street and the failure of the Federal Reserve and other regulators to take preventative measures to avoid disaster. Now, he offers suggestions to the question everyone is asking: "What do we do now?"
For years best-selling author William Greider sounded the alarm about Washington's unholy alliance with Wall Street and the failure of the Federal Reserve and other regulators to take preventative measures to avoid disaster. Now, he offers suggestions to the question everyone is asking: "What do we do now?"
Aired 02/05/09 Part 2 of 2 Now National Affairs Correspondent for the Nation, WILLIAM GREIDER has spent forty years examining how powerful institutions affect ordinary people. For 17 years he was the National Affairs Editor at Rolling Stone magazine, and is a former assistant managing editor at the Washington Post, where he worked for fifteen years as a national correspondent, editor and columnist. He is the author of national bestsellers ONE WORLD, READY OR NOT, SECRETS OF THE TEMPLE and WHO WILL TELL THE PEOPLE. Greider also served as a correspondent for six Frontline documentaries on PBS, including "Return to Beirut," which won an Emmy in 1985. www.thenation.com
Aired 02/03/09 Part 1 of 2 I have been trying to book this week's guest every week since at least last September, and finally I got him. WILLIAM GREIDER has been right for so long about so many things that last fall I wanted his take on the emerging financial crisis and the prospects of Barack Obama's being elected. Once both of those things happened, I've wanted to talk with him about how we got here, what we need to do to deal with the crisis, and what a true progressive platform for turning things around would look like. Now National Affairs Correspondent for the Nation, WILLIAM GREIDER has spent forty years examining how powerful institutions affect ordinary people. For 17 years he was the National Affairs Editor at Rolling Stone magazine, and is a former assistant managing editor at the Washington Post, where he worked for fifteen years as a national correspondent, editor and columnist. He is the author of national bestsellers ONE WORLD, READY OR NOT, SECRETS OF THE TEMPLE and WHO WILL TELL THE PEOPLE. Greider also served as a correspondent for six Frontline documentaries on PBS, including "Return to Beirut," which won an Emmy in 1985. www.thenation.com
BIll MOYERS JOURNAl travels to ground zero of the mortgage meltdown-Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis. There, more than 1,000 homes stand vacant and decaying in a neighborhood that once thrived with families living the American dream of home ownership. Moyers gets perspective from veteran journalist William Greider on the current financial crisis and what he calls "the great deflation of Wall Street."
Moyers gets perspective from veteran journalist William Greider on the current financial crisis and what he calls "the great deflation of Wall Street."