We're talking about the Fed's latest move to tackle inflation and how it will impact everyday Americans.
And the biggest impact from what's expected to be a wild wildfire season.
Also, who is giving which university more than $1 billion and why, and which big-name star was attacked on stage.
Plus, a new FDA warning about a marijuana strain that's legalish nationwide, how your morning coffee may soon come with crypto tokens on the side, and why we celebrate this Cinco de Mayo.
We discuss an extremely good paper by law professor Hilary J. Allen – DeFI: Shadow Banking 2.0 – which lays out a very clear, critical, and comparative analysis of the unregulated financial instruments that led to the 2008 global financial crash and their systemic similarities to the unregulated financial innovations that are emerging in DeFi / Web3. In this first part, we lay out the causes of the 2008 crash, explaining specific instruments and dynamics that caused this hyper-complex fragile system to collapse. In part two, on the patreon later this week, we explain how DeFi is already unfolding in ways that are best described as: “It is happening again.”
Some stuff we reference:
••• DeFI: Shadow Banking 2.0 | Hilary J. Allen https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4038788
••• Is Crypto Re-Creating the 2008 Financial Crisis? | Charlie Warzel, Hilary Allen https://newsletters.theatlantic.com/galaxy-brain/624cb2ebdc551a00208c1524/crypto-bubble-web3-decentralized-finance/
••• Defi and Shadow Banking 2.0: Leverage, rigidity and bank runs | Cory Doctorow https://doctorow.medium.com/defi-and-shadow-banking-2-0-7bae9d1d308e
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Hosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)
Abortion providers across the country are rushing to figure out their next steps in light of this week’s news about abortion and the Supreme Court. Plus, we share some of our listeners’ stories about how Roe has helped them and what it would mean to them if it were overturned.
In headlines: The Federal Reserve is raising interest rates again, New Mexico officials are struggling to contain seven massive wildfires, and comedian Dave Chapelle was attacked on-stage by an audience member during his comedy set in L.A.
And a lot of news has recently come out that paints a pretty bad picture of Trump’s inner circle and Republican lawmakers around the insurrection. California Congressman Pete Aguilar, a member of the House January 6th Committee, joins us to discuss what the panel’s next steps are.
Show Notes:
KFGO: “Abortions would become illegal in North Dakota if Roe is overturned” – https://bit.ly/3MOLjvB
AL.com: “Alabama abortion clinic hit with more requests for appointments after Roe v. Wade draft leak” – https://bit.ly/3w47hnp
Back in 2016, clerks at Gibson’s Bakery in Oberlin, Ohio, stopped a group of black shoplifters from stealing from their store. What they didn’t realize was that act would set them on a six year legal battle.
The tiny, family owned bakery was accused of racial profiling for stopping the shoplifters. That accusation caused students and faculty from nearby Oberlin College to engage in a smear campaign to get them shut down.
A libel case filed by the owners of the bakery recently concluded, with the bakery owners emerging victorious. This hasn’t stopped the school from continuing to accuse the shop of being racist.
“They have been completely unapologetic. They have been very aggressive towards this bakery,” says Bill Jacobson, a Cornell Law professor and founder of Legal Insurrection. “They continue to make their false accusations of racism against the bakery, they show no remorse whatsoever.”
Jacobson and Legal Insurrection have been covering this case since the very beginning. He joins the show to give a background on the case, as well as discuss what the verdict means for other woke schools targeting small businesses.
We also cover these stories:
President Biden says the most “extreme political organization that’s existed in recent American history” is the “MAGA crowd.”
Sen. Marco Rubio, R-Fla. wants to stop tax breaks for companies who cover travel costs for their employees to have an abortion.
The computer repair shop owner who exposed Hunter Biden’s laptop has filed a defamation suit against Congressman Adam Schiff, Democrat from California, as well as CNN, the Daily Beast and Politico.
Paris Marx is joined by ann haeyoung to discuss IBM worker organizing in the 1970s and 1980s against racism and apartheid, and how those stories are important to informing tech organizing in the present.
ann haeyoung is a media artist interested in technology and labor. She is also a former tech worker and organizer, and a graduate student at UCLA.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
Johnny Depp’s defamation case against ex-wife Amber Heard is making headlines—not just for the spectacle taking place within the courtroom, but for its implications for victims of domestic violence.
In a case of domestic ugliness, is it possible to know the truth? And does trying to uncover it through legal action serve anyone’s best interests?
Guest: John Culhane, professor at the Delaware Law School.
If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next. Sign up now at slate.com/whatnextplus to help support our work.
In a special live panel discussion in partnership with the Crosscut Festival, this week’s Amicus tackles the post-leak landscape and potential post-Roe fallout from Justice Samuel Alito’s draft opinion in Dobbs. An all-star panel, featuring law professor and podcast host Melissa Murray, journalist and bestselling author Jessica Bruder, and Slate’s news director Susan Matthews—host of the upcoming Season 7 of Slow Burn focusing on the road to Roe v Wade—get together to discuss the past, present, and future of reproductive liberty.
For more than a century, Chicago’s Polish community has celebrated Polish unity and identity at the annual Polish Constitution Day Parade. This year, the parade has a new theme and anti-war message. Curious City’s Adriana Cardona-Maguigad tells us the history of the parade and what it has meant to the Polish diaspora in the Chicago area
For more than a century, Chicago’s Polish community has celebrated Polish unity and identity at the annual Polish Constitution Day Parade. This year, the parade has a new theme and anti-war message. Curious City’s Adriana Cardona-Maguigad tells us the history of the parade and what it has meant to the Polish diaspora in the Chicago area
Our own Dr. Lindsey Osterman has had an abortion, does not regret it, and wants to tell us why this basic healthcare right matters not just for those in extreme circumstances. Then, we discuss the political situation and what can actually be done about it. Yelling may be involved.
