Mark & Carrie: Social Distance Breakfast Smoothie - Mustang Edition 

I wish Mark and Carrie released their podcast more often! Love their chemistry and brains!

Mark and Carrie has been the top 10 political commentary on the planet.

Mark is a great presenter and did great on Jimmy Dore, would like to see him on more platforms and wider spread!

Can we have austerity for the very rich to bring back some balance? How many giant houses do they need? What kind of bonuses are the bankers going to get with all the money they are getting at almost 0% ? What are they doing for the bonuses? Can the people working in the food chain get a raise?

Pharaoh sits on his throne while Egypt dies of plague.

love to hear Mark call out the dutch on a deeply cultural level.

Always a joy to see these guys on my feed.

Excellent chat! Keep up the great work, Mark and Carrie.

Mark's motivational statement in the background is great

This stay at home situation suits me as well. I feel like I'm undergoing some personal development. I will both happy and sad when it's over.

I've been following you both for years, keep your spirits up and stay safe and please keep up this podcast ;) Your insights and perspectives are invaluable.

Wow! I always love your chats...but this one was the best yet! Really enjoyed all of it, thank you once again!! I do have a mad crush on Mr. Shrek. Be well and stay safe down there.

I got me Mark and Carrie! I am happy and disillusioned. Yearh!!

THIS is what was learned from 2008: extract all profit for yourself and shareholders, and moral hazard pays dividends. Oh, make sure you grow to be too big to fail also, or at least have your lobbyists grease up some senators so they can make the argument that you're too strategic to be allowed to go into Chapter 11 (which would just mean the planes continue to fly, but shareholders take a bath). Too many rent-seekers in the modern economy and it's been encouraged by credit creation and Fed bubble-blowing.

The baking hack made me laugh so much! it is so true about german bread!

@13:05 *"Why is it that the administration is taking weeks and weeks to get checks to people who have no money. Because 80 million workers in America are hourly workers with no statutory sick pay. And yet you can bet your bottom 50 billion dollars that the money for the corporates was there within 24 hours"* It's very simply actually. The plan was not to give significant relief to workers and to delay whatever relief was provided so that people will run out of money. A huge portion of the population lives paycheck to paycheck. They know this. So if they don't provide relief people will insist that the quarantine ends. They want to restart the economy, they have from day one. But if they hadn't followed suit with the rest of the world and put measures in place, there would have been massive liability legally, financially and politically. So instead they arrange it so that people have no other choice. That word "choice" is key. They'll say "people wanted to return to work. That's not our fault". But it is.

You miss out that Germany for instance has been taking lots of critical cases from Italy from the get go. There is more European cooperation if you care to look for it.

cheers!

Mark's sign in the back "Well that was a shit idea"

Yay!

Would the huge numbers of deaths of workers if we concentrate on the economy not do more damage to the economy long term?

Podcasters , Twitch streamers & E-sports would be having a bit of a Renaissance :)

36:38 I'm baking too, every night before I go to bed. Sometimes I bake as soon as I'm awake.

Hey you two now have the time to put out more podcasts.... please

Knowing that You cannot find yeast in Providence stores is refreshing, same in Poland ^^

"..i guess i don't" xD Carrieee. Banana, orange or kiwi and some walnuts for me :)

I like how this episode ended up with bread recipes :)

Fun times in Brazil.

Regarding the whole ontological divide that seems to be growing more and more apparent and relevant, I think Adorno and Horkheimer might have been onto something with their conception of "the dialectic of enlightenment" which basically argued through a hegelian dialectical framework that the full embrace of enlightenment philosophy and empiricism results in a sort of over-emphasis on "rationality" and technocratic narratives that completely overshadow the inverse ideal of "myth", and thus without a proper synthesis/balance/awareness of these two conceptions, an inevitable regression of "enlightenment" back toward its seemingly more explicitly fictional pole of "myth" is inevitable in some form. So I think they use like national socialism as an example where the "enlightenment" framework of like a supposedly _meritocratic liberal democracy_ swings like a pendulum in the ideological realm back into a different conception of epistemic social organization based on a mythologized past and narrative driven future (that whole 3rd reich thing). If that makes any sense... The key interesting thing I thought was that both of these poles create a sort of feedback loop with each other, like how Marx uses the dialectic to conceive of the "dialectical materialism" perspective where the ideological and material "realms" are in a constant state of interaction and neither one or the other is more "real" but rather both together constitute reality as a whole. Or something. I don't know, maybe it's just abstract enough that it fits, but it seems pretty explanatory of that ontological divide.

Carrie, enjoy Pride and Prejudice, a great novel!

I think we're beyond a flock and went directly to a swarm!

the account at the FED thing, reminded me of a moment in the 1980s film "Trading Places" Jamie Lee Curtis is explaining to Dan Ackroyd, how he has a couple of more years on her back, while all her savings are in "... T-bills earning interest" I guess she knew about the accounts at the FED a true capitalist, from the oldest profession p

Mark is my favorite Scot.

It’s the way it’s done

Mark - I found it's 'treasurydirect.gov', not .com. But maybe the accounts should be configured so that all Federal (and state, etc?) payments to 'just regular people', go via that channel. The, along with a social Security number, each tiny mite, at birth, is issued a TreasuryDirect account! And it's OK for both parties, since as Gilbert & Sullivan discovered, 'Every little gal or boy / Born into this world alive, / Is either a little liberal, / Or a little conservative.' Iolanthe', Act 2. (I may have slightly mangled the script - but not the thought! ) Thanks for the discussion! More, please!

Mark you need to get together with Paul Krugman for a really wonkish/technical discussion. It would be amazing.

If it's the imperial model, then we need billions of test kits to save lives and the economy.

Mark, please invest in a microphone.

I got my parents out of the market 2 years ago because I saw this behavior as unsustainable. I feel sorry for those living paycheck to paycheck, I've been there, and looking at the direction this country is going we might all be in the same situation sooner than we think.

A while back Mark said Italy would never leave the Euro because it'd immediately lead to capital flight otherwise everyone would lose half their savings with a devalued lira, and I commented that when you have nothing, losing half isn't so bad. Well the equation has changed, they're much closer to nothing. Will Italy needlessly permit themselves to be subjected to a decade or more of an economic depression?

Two reasons why checks. 1. The government has done it this way in the past. 2. segment of the population is used to getting checks but not use to having a bank account.

27:00 "The Brits might actually shut up about immigration" - Mark, you are so naive....

With a pandemic, if you can’t mesure it, you can’t manage it. Massive testing is the only way out of this nightmare.

1776: The Boston Tea party 2020: The Boston PPE party

The Post Office is in the constitution as a Congressional charge.

what i like about yachts, is, theyre so easy to sink or steal 😘

My kind of bread :)

Mark made a lot of great points here. The big picture is even worse than I thought.

I suspect they're quite busy with other things, but if this could become a more regular podcast then I'd be very happy to subscribe to it.

Please don't judge me but Carrie has a very seductive voice (Smart too) - love these podcasts and Mark Blyth makes economics accessible to dumb guys like me.

Man what a cutie. Mark can absolutely get it. ;)

The obvious next step is to have Gordon Ramsey taste Mark's black hole bread.... "That's disgusting." It certainly sounded it lol

Gin is the Tonic

Mark, I'm disappointing in you! These viruses are NOT black swans. They are not unexpected, and we easily could have prepared for them. Apart form that, as always, I love your thick Scottish accent and realistic analysis of things!

👍

let Mark talk

Is it irony that Trumps using the post office to deliver those checks?

I do wonder WRT airplanes, is there some ongoing maintenance cost they have even if they're not flying? Do the airports charge them for storage to leave their planes on the field or something? Maybe if there is, it's not enough to excuse a bailout but I was just wondering. On the other hand, the number of people they employ both in the air and on the ground is significant, and might be difficult to ramp back up after layoffs, so one argument could be if they don't get bailed out when it comes time to get them going again we'll have to wait for it, which of course, the wealthy are to impatient to want to do. I'm not a big fan of airlines anyway, and avoid using them as much as has been possible-- not looking forward to ever using them again. This crisis could give me an excuse to avoid them in the future, because I work at home on the west coast for a company that is almost all on the east coast-- once in awhile they want me to fly out there and face-to-face where I'd rather do it from here via zoom or something...

it's like the Kaiser report but less sensationalist!

The thing that bother s me is that half of the people in US believe in populist libertarian and want smaller government.

mark, quite the entrepreneur, baking door stops.

Everyone is an expert on everything these days.

We have not "flattened the curve", we have just hit peak test capacity. We will never have the ability in the US to have real time testing - we have outsource our technical capability to do this to China, it's gone. We are now living the new NORMAL. Some people live and work semi sheltered at home, the "essential" workers are treated like animals, working for slave wages delivering crap to your house til they get sick and die. it's sorta Solyent Green, but we're not eating people - yet. Our health care insurance system will collapse and be bailed out while the same CEOs that managed it into the ground get record income. We will have food shortages. We will have civil unrest because it's incited by our elites to keep half of the wage slaves fighting the other half of the wage slaves. We will continue to have two political parties that work together to ensure America is continue to be run into the ground for the elites. Biden will lose. You are not an elite.

Replacing grocery stores workers is at lot easier to replace that healthcare workers sad to say. It takes a decade to get a well trained medical personnel. We lose too many doctors we are screwed.

Not that rules matter, but if the election were delayed, wouldn't the line of succession kick in on Jan 20, 2021? The Constitution says the president's term is for four years. So if there were no election, Pence would assume office on Inauguration Day. Again not that rules matter....

The real rate of death is being miscalculated. You have to look at known outcomes when calculating the percentage. So, according to WHO, the known deaths total (as of this post) 125,859. The known cases of recovery total 466,948. The total number of people who have contracted the virus and have a known outcome of either death or recovery totals 592,807. Therefore the death rate is currently 21.23% (125,859/592,807). This is a far more accurate assessment because all of the people who currently have the virus will either recover or die. As far as I'm concerned, the governments and health organizations of the world are misleading us as to the severity of this virus. I'm sure they have their interests they are trying to protect, be it reputation, political, or economic, but viruses don't care about the creations of mankind. Take precautions, stay safe, and don't let fear/paranoia lead you to make unwise decisions.

How many of the cruise ships are American flaged and pay taxes in USA?

By the time most of the folks get their Cheques off the Government the paper will be more valuable than the Dollars you can exchange it for xD

Trump has also lowered minimum wage for farmworkers to save agribusiness.

No, we are more like Thelma and Louise headed for the cliff!!!

For the amount they are paying corporations each American could recieve a billion dollars. Now wouldnt that boost the economy?

are there numbers from Brazil at all? even if just the hospitals i would like to know. I feel it's like they face similar problems as India but without a lockdown and Bolsonaro tell them to com out ffs.. Big PS: if you are interested in Brazil, watch GREG News! They have finally adressed their subtitles. Daily Show format, but i dare say he rivals (perhaps surpasses) J. Oliver on content and even comedy. It stings harder.

The Mustang is not fit for purpose

it might look like a mustang from the heady heights of academia....outside the ivory towers and cloud utopias america looks more like a pinto on cinder blocks

Interesting observations re: paradigms and ontology and the (binary) narratives people subscribe to (empiricism v emotion, put simply). However, whichever way you lean, "science work, bitches..."

Carrie, this helps me: tokybook.com/lord-rings-audiobooks/. Not lotr necessarily, but the Witcher has great narrations, and so do a lot of others (omg Pratchett:D). It does take your mind out strolling in a way few other things do, for me. Also listening to Srecko Horvat on DiemTV. His interview with Larry Charles and his episode "Virus Mythologies" especially. Stay strong:)

The Spanish flu did not come from Spain.

"we need the swamp" I don't think that word 'swamp' means what you think it means. The swamp doesn't help anyone but the creatures living in it.

The problem isn't government or corporations, the problem is the people who work within those institutions and the incompetence they demonstrate in their decision making.

once in a lifetime for some. but cv19 will return in a few years. what will it take for the chumps to be driven to organize to bring some sanity to the management of spaceship earth. the uppers ain't gonna do it. jacquerie, anyone?

Implying the us would use nuclear weapons to subdue a civil insurrection is pretty stupid. Usually Mark doesn't say stupid things, but I think Carrie sort of drug him down to her level shooting the breeze about right-wingers.

have donated 25$ to WHO, you all do the same to replace the usa missing donation. thank you.

Sorry Mark, but you misunderstand the Brexit Britain attitude to immigration' First of all, immigration was NOT the overriding reason for the result. Secondly, most people understand the need for a certain amount of immigration, but as YOU yourself pointed out, unlimited unskilled immigration completely screws the working class. Practically nobody in the UK would have any problem with skilled people say like nurses from Portugal and New Zealand coming to live and work here!

“Joe’s not good with words”??? He’s not good with policy either!!!

luv the Mustang analogy but how is today not feudalism? The feudal peasants were by definition landless and of course currency didn't exist. Today currency is a myth (like feudal belief in divine right of kings?) and what percentage of 'the land' belongs directly or indirectly to the feudal lord (bond holders)? Feudal peasants were of course epochly ignorant whereas today's peasants have PBS as 'educational' broadcasting. How is 'modern' education and especially 'higher education' not catechism in the mercantile western canon of the present age? The medieval (and ancient) intellectual world had Astrology [re: Isaac Newton among others] not to mention Aristotle's 'medicine', whereas we have the entire world view of 'social science' (seeded by Karl Marx?). The human mind is a fertile plain in which to sow the seeds for infinite regeneration but concepts that really redefine reality such as gravity (still not fully understood and possibly the 'flat earth' of our age) will have to wait for generations, if not epochs.

I dream of mark Blythe returning to the U.K. running for parliament as a labour party candidate and ending up as chancellor of the exchequet

Ecuador is bad. Bodies on the street. Abandoned coffins all over the place. It's on RU-vid channel 4 BBC. Horrendous!

As far as the election and executive power. If Trump impedes the election process he still is beholden to the Jan 20th date. I don't think he would be interested in a potential President Pelosi etc. It would be a huge Constitutional DOGMA and the Supreme Court is conservative. People that want Trump will vote virus be dammned. Lack of enthusiasm is already choking neo liberal conservatism.

Well that was a shit idea

When are y'all gonna have Andrew Yang as a guest to talk about how to fix the income shortage even when we have essential services still working. We have so many idle hands and the vital supply chains like food can still run, this wont stay the case if the people forced inside starve

Forget all the intellectual talk, Carrie is hot.

What are you talking about my $1,200 was deposit in my checking account this morning. Academics, lol. I work been working so this found money will buy me a lot of beer. Go Trump!

The Post Office is in the constitution as a Congressional charge.

have donated 25$ to WHO, you all do the same to replace the usa missing donation. thank you.