Month: March 2024

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The NewsWorthy - Fed Stays Steady, New EV Goals & Reddit’s IPO- Thursday, March 21, 2024

The news to know for Thursday, March 21, 2024!

We're talking about how the Federal Reserve's latest interest rate decision could impact your money and the strictest climate rules ever enacted for the American auto industry.

Also, the happiest countries were ranked. We'll tell you where the U.S. stands (hint: it's pretty far down the list.)

Plus, Reddit's highly-anticipated Wall Street debut, a gambling scandal involving an interpreter for the MLB's biggest superstar, and a star-studded tribute on the Hollywood Walk of Fame. 

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the memory palace - Episode 214: Newsboy

The Memory Palace is a proud member of Radiotopia from PRX.

Music

  • Un geant dans la mer and Triste soiree III from the score to Marie et les naufrages by the genius, Sebastian Tellier. 
  • Love is Blue by Jackie Mittoo and the Soul Vendors.
  • Rocky Passage by Jeremiah Chiu and Marta Sofia Honer
  • Morris Visits Dr. Pratt from John Barry's score to The Wrong Box
  • Adios Muchachos from Andre Popp
  • Moonlight in Vermont from the great Dorothy Ashby. 
  • Midnight Moon by The Portland Cello Project
  • Dance PM by Hiroshi Yoshimura
  • And we hear Blind Andy Jenkins' "Floyd Collins in Sand Cave" followed by Vernon Dalhart doing the same song under the name, "The Death of Floyd Collins." We also hear Jimmy Osbourne do Andy's, "The Death of Little Kathy Fiscus."

Notes

  • I have a note in my years-long running list of possible story ideas that says, "event songs," but I could never remember why. Then I was reading Charles Hirschberg and Mark Zwonitzer's, Will You Miss me When I'm Gone?: The Carter Family & Their Legacy in American Music and was reminded of Andy's story (that book is great).
  • I also recommend the always-useful, Country Music USA, by Bill C. Malone for more on Andy and his era as well as Creating Country Music: Fabricating Authenticity by Richard A. Peterson.
  • If you want more about poor Floyd Collins, you could turn to Robert K. Murray and Roger W. Bruckner's, Trapped!: The Story of Floyd Collins.
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What A Day - The Courts Temporarily Stop Texas From Arresting and Deporting Migrants

Texas’ draconian immigration law SB4 is back on hold after a ruling late Tuesday night by the Fifth Circuit Court of Appeals. SB4 would allow state law enforcement officials to arrest and detain anyone they suspect of crossing the border illegally. It also would allow judges to issue orders to deport people to Mexico. The Fifth Circuit’s decision followed an earlier decision by the Supreme Court’s conservative majority to let the law go into effect. Texas Tribune immigration reporter Uriel García explained the legal whiplash and what it means for migrants in the state.

The Biden administration on Wednesday finalized the country’s strictest-ever limits on emissions for passenger cars and light trucks in an effort to rev up the nation’s transition towards electric vehicles. It’s definitely a big deal, but it is a bit more modest than what was proposed last year. Nevertheless, the health of the planet will improve with these changes as will our own.

And in headlines: The Federal Reserve kept interest rates flat on Wednesday amid continued concerns over inflation, former President Donald Trump said he’d be open to endorsing a national ban on abortion after 15 weeks of pregnancy, and a fourth Mississippi police officer was sentenced to 40 years in prison in a case involving the horrific torture of two Black men.

Show Notes:

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The Daily Signal - ‘Most Terrifying Poll Result I’ve Ever Seen’: Scott Rasmussen on Elite 1%

When veteran pollster Scott Rasmussen surveyed a group of Americans he calls the elite 1% earlier this year, he discovered a startling number who say it's OK to win an election by cheating. 


The elite 1%—individuals who make over $150,000 a year, live in densely populated areas, and have postgraduate degrees—are overwhelmingly liberal. They give President Joe Biden an 82% approval rating, compared to his 40% average from the rest of Americans.


Rasmussen asked these liberal voters: "Suppose that your favorite candidate loses a close election. However, people on the campaign know that they can win by cheating without being caught. Would you rather have your candidate win by cheating or lose by playing fair?"


Among all Americans, just 7% said they would want their candidate to win by cheating. But that number rose to 35% among the elite 1% and skyrocketed to 69% among those who are part of the politically obsessed 1%, meaning they talk about politics every day.


"I've been polling for a very long time and the last finding is the most terrifying poll result I've ever seen," Rasmussen told The Daily Signal.


Rasmussen spoke to "The Daily Signal Podcast" about his findings and his upcoming plans for a weekly TV show.


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Tech Won't Save Us - What the TikTok Ban Reveals About US Tech Policy w/ Jacob Silverman

Paris Marx is joined by Jacob Silverman to discuss the motivations behind the proposed TikTok ban and what the effort tells us about US tech policy.

Jacob Silverman is a tech journalist and the co-author of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud.

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. Support the show on Patreon.

The podcast is made in partnership with The Nation. Production is by Eric Wickham. Transcripts are by Brigitte Pawliw-Fry.

Also mentioned in this episode:

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The Best One Yet - 🛞 “Reinventing the Wheel” — The Tire Industry’s surprise win. Stanley’s pivot to dudes. The Fed’s interest rate holiday.

The EPA just set new rules that effectively require car companies to go 50% electric by 2030 — But the surprise winner of the electric car EV boom is tires. 

Stanley’s 40 ounce tumblers are viral with women, but now the company wants to expand to men — Ironic, because for 100 years Stanley only sold to men. 

The Federal Reserve just announced they were not changing interest rates, but predict 3 cuts by the end of the year — it got us thinking about the 1 big economic cost of the pandemic: inflation.


March Madness begins today. Know where that term came from? We’ll tell you the etymology.


$RDDT $GT $MGDDY


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What Next | Daily News and Analysis - How Anti-Abortion Laws Trap Domestic Abuse Survivors

Experts say domestic violence tends to start or intensify during pregnancy. But since the overturn of Roe v. Wade, terminating a pregnancy—or even advising or helping someone to terminate a pregnancy—has been criminalized in several states which can leave survivors of domestic violence unable to separate from an abusive partner.

 

Guest: Julianne McShane, writer at Mother Jones covering the intersection of gender and inequity.

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NPR's Book of the Day - ‘Feeding Ghosts’ is a graphic memoir grappling with generational trauma

Tessa Hulls' grandmother, Sun Yi, was a dissident journalist in Shanghai who faced intense political persecution during the Chinese Communist Revolution; she suffered severe mental distress after fleeing to Hong Kong. In today's episode, Hulls tells Here & Now's Scott Tong that her grandmother's trauma often cast a shadow over their family – one she had been running away from for years, and one she decided to finally face in her new graphic memoir, Feeding Ghosts. It's a reexamining of Hulls' matriarchal lineage, of Chinese history and of generational love and healing.

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