Fresh radio product

Just added to my radio archives: December 20, 2012 Sasha Lilley, editor of Catastrophism, on why basing politics on disaster scenarios isn’t such a good idea • Mark Ames, author of Going Postal and co-editor of NSFWCorp, on rampage shootings, the politics of gun control, and the reactionary worldview of the NRA As of this show, the hi-fi version is now encoded at 128kbps, rather than the 64kbps it was previously. This will improve sound quality. I did a little poll to see whether the larger file size and higher bandwidth demands would cause any problems, and the answers… Read More

Correction on Social Security

Sorry, this is very embarrassing to admit, but one must come clean. That last Social Security post, with its rather sensational claims, was wrong. Future initial benefits are set not by adjusting present benefits by the CPI; they’re set by the retirees’ recent average wages. Those initial benefits are then adjusted for inflation over time. So, shifting to the chained index would lower the cost of living adjustment over a retiree’s lifetime, but it wouldn’t affect initial benefit levels. But the effects of the switch would still be significant. The currently used index,… Read More

Make that 12%. No, 18%.

Sorry, this one needs a rethink.

How Obama aims to cut Social Security benefits by 10%

Word is that Obama is willing to cut a deal on the f***** c**** (I can’t bear to type the words) that would use the chained CPI (C-CPI-U) to adjust Social Security benefits for the cost of living. Let’s leave aside the technical details of the C-CPI-U vs. the standard CPI-U (the U stands for urban consumers, about 87% of the U.S. population) and the somewhat less standard CPI-W (the W stands for urban wage earners and clerical workers, about 32% of the population) for now. What attracts budget cutters to the… Read More

Fresh audio product

Just added to my radio archives: December 13, 2012 Jamie Webster of PFC Energy on the U.S. oil boom • Yasmin Nair of Against Equality on Gay Inc. and what’s wrong with same-sex marriage, DADT, and hate crimes legislation

Capital drought

U.S. corporations are flush with cash. As of the end of the third quarter, they had $1.8 trillion in cash, bonds, and other liquid financial assets on hand—and I’m talking about nonfinancial corporations, not banks or insurance companies. Profits are very high, and firms are gushing with cash flow. But they’re not investing all that much—in things, that is, like buildings and machines. Usually, corporate capital spending tracks closely with cash flow (profits plus depreciation allowances). Firms typically invest all their cash flow, and very often more (borrowing the difference). Over the… Read More

Audio format change?

I’m thinking of changing the bit rate for the hi-fi versions of my radio show from 64kbps to 128kbps (mono). It would double the size of the file from about 25 megs to 50 megs. Would this trouble anyone? My iPhone has no trouble with 128kbps on the AT&T network—and of course it’d be a piece of cake on WiFi. I’d still keep the 16kbps lo-fi version for people with slow dialup connections. Thoughts?

Fresh audio product

Wow, haven’t posted in a few weeks. Sorry! Here’s some new content, just added to my radio archives. I usually post the files well in advance of updating the web page, so if you subscribe to the podcast, you’ll enjoy almost immediate gratification. Podcast instructions are on the archive page. December 6, 2012 Jane McAlevey, author of Raising Expectations (And Raising Hell), on how to revive the U.S. labor movement [The KPFA version of this show was a fundraiser. If you like these shows and want to keep them coming, please consider contributing to KPFA. If you… Read More