On today's BradCast, we cover, once again, the thoroughly corrupted "conservative" cabals in both the U.S. House and U.S. Supreme Court as they flex their ill-gotten powers.

But FIRST...on our Green News Report yesterday, we briefly referenced a storm named Otis in the Pacific as a "tropical storm" heading toward Mexico. It was set to be the fourth major storm in a month to slam its Pacific coast. We also happened to discuss a new study of recent hurricanes in the Atlantic, finding that warming waters due to climate change have increased the speed and strength, along with the rapid intensification, of such storms. That behavior, as it turns out, was on full display last night with Otis, which stunned meteorologists and public officials by spinning up from a tropical storm during yesterday's show to become a major Category 5 hurricane in less than 12 hours, before slamming into Acapulco.

With some one million residents and tourists in the resort city caught largely by surprise, we await news and hope for the best, as power and cell phone coverage has been down most of the day, and major roads are said to be unpassable in the region following the catastrophic storm. In addition to being the fourth major storm to slam the coast, it was also the most powerful ever. Acapulco has never seen higher than a Cat 1 hurricane --- until now.

NEXT...The dysfunctional U.S. House Republican majority was finally able to re-open Congress on Wednesday, after selecting a new House Speaker. It was their fourth try after moving to remove Kevin McCarthy more than three weeks ago. Last night the party nominated --- and crucially, today, actually elected on the House floor --- hard-right Louisiana Congressman Mike Johnson as their new leader.

Johnson is being described today as the "architect" of the GOP's attempt to block the certification of Joe Biden's Electoral College victory in 2020. He is a close all of Donald Trump; an ardent religious opponent of abortion rights, supporting jail time and "hard labor" for those who carry them out; he supports government restrictions on medical care for trans people; and opposes further aid to Ukraine to help defend democracy against imperialistic fascism.

In other words, he shares the same positions as Ohio's Jim Jordan --- whose Speakership was blocked by so-called Republican "moderates" last week --- only more so. Apparently, despite their claims, it wasn't Jordan's positions that those "moderates" objected to. It was the fact that Americans knew about them. The little-known Johnson shares no such baggage. So they're fine with him.

FINALLY...The U.S. Supreme Court is set to hear another case in December ginned up by the billionaire-funded, rightwing legal mill that looks for --- or creates out of whole cloth --- aggrieved victims of tyrannical government laws and regulations. From fake website designers worried they may someday have to create a site for a same-sex couple, to red state attorneys general falsely claiming that loan agencies are suffering from President Biden's attempted student loan debt relief program, there seems to be an endless supply of "victims" that the industry is able to come up with to parade before the far-right SCOTUS supermajority that the same rightwing billionaires continue to lavish with luxury gifts, travel, and even just cash money.

But Moore v. United States goes even farther. Its proponents hope for a ruling from their friends on the High Court majority which might knee-cap a future progressive wealth tax, akin to the ones long-proposed by Senators like Elizabeth Warren and Bernie Sanders. Warren's proposal, for example, would add a 2% tax --- two cents of every dollar --- to those with an accrued wealth of more than $50 million. Currently, unrealized gains in the value of real estate portfolios, stocks and bonds, fine art, etc., are not taxed, even at death, allowing for heirs of the richest 0.1% to inherit and continue generational, dynastic fortunes of billions of dollars.

The wealthy can then borrow against those accumulated assets without ever having to cash them in, which would otherwise trigger a capital gains tax (at an already very low rate.) "That is a scam and a scandal," my guest tells me today. Taxing just a portion of that wealth would result in "trillions of dollars of revenue for the U.S. Treasury that could be captured just by instituting a small percentage wealth tax on the richest families [with] more than $50 million in assets." That revenue could then be used for universal childcare, healthcare, education, and pretty much everything else that Republicans like to claim that America is just too broke to be able to afford.

So how will the Supreme Court be able to kill a still non-existent "wealth tax", when the Constitution and long-standing precedent prevents it from issuing advisory rulings on issues that aren't currently resulting in actual harm to any victims?

We're joined today by the L.A. Times' Pulitzer Prize-winning business columnist, investigative journalist and author MICHAEL HILTZIK to explain. He argues the case "stinks to high heaven," citing opponents of this case who charge that the GOP billionaire patrons of Justices Sam Alito and Clarence Thomas "have their fingerprints all over this case."

"The miasma of corruption really is laid all over this case," asserts Hiltzik. "I think it's one of the reasons that legal scholars who are watching this are very concerned that, once again, the Supreme Court's conservative majority is going to step out of its proper limited role, and essentially legislate" from the bench. "When the Supreme Court, or any federal court, actually rules on something that is not a real case or controversy, then almost by definition they are making new law, they are legislating. That is something under the Constitution that they are not supposed to do."

As Hiltzik notes, we are now seeing more and more of that from this corrupted Court. So, how can it possibly be stopped at this point? Hiltzik, who has written best-selling books about FDR's New Deal and the robber barons who originally corrupted the entire system, has some ideas on that today that as well...

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The corrupt House GOP is in shambles but, for some reason, the corrupt Republicans at SCOTUS appear to have momentarily lost the plot, as all discussed on today's BradCast. [Audio link to full show follows this summary.]

We begin where we left off yesterday, as the historic and stunning news had just broken that far-right Republican members succeeded in their scheme to unseat Kevin McCarthy as Speaker of the U.S. House. Moments later, he announced he would not run again for the position. Then, after Republicans adjourned the House until next Tuesday to try and regroup, they immediately began trying to blame Democrats for the Republican coup. They even kicked former Speaker Nancy Pelosi out of her Capitol office, despite her being in California yesterday for Sen. Dianne Feinstein's funeral.

Of course, despite GOP politicians and pundits hoping to blame Dems for their own failure, none of it was evidence of Democratic genius, but of a thoroughly broken Republican party. They may not yet have noticed --- or care to admit it to themselves --- but the party has been collapsing for years under the strain of its own corruption, lack of self awareness, dedication to an autocratic cult leader, and its own toxic mix of of victim-hood, grievance, entitlement, rage and revenge.

Today, far-right Republicans Jim Jordan of Ohio and Steve Scalise of Louisiana tossed their hat into the ring to become the next Speaker. Others may jump in before next week. It may take even more than the record 15 rounds of voting the Republicans needed just nine months ago in January to install McCarthy as their new, if short-lived Speaker.

While the GOP continues to fall apart, the White House continues to fight for Americans by battling back against the corrupted rightwing U.S. Supreme Court. On Wednesday, the Biden Administration announced another $9 billion of student loan debt relief, for a total of $127 billion in loan forgiveness to date for some 3.6 million borrowers. That, as the Administration reformulates a plan to forgive the debt of tens of millions of Americans after SCOTUS made up a reason out of whole cloth earlier this year to reject Biden's previous plan.

But SCOTUS, as their new term got under way on Monday, has already unleashed some surprises. On Monday, the most corrupt Justice on the Court, Clarence Thomas, actually did the right thing and recused himself from a case where he obviously should have. (Are you okay, Clarence?) And on Tuesday, the majority of the Court, including Thomas, Brett Kavanaugh and several other rightwingers, appeared to push back hard against the attempt by Payday Lenders to dismantle the federal Consumer Financial Protection Bureau (CFPB) entirely on wildly dubious grounds.

The effort to undo the CFPB was actually spearheaded by rightwing extremists on the 5th U.S. Circuit Court of Appeals, arguably the most "conservative" (and corrupt) appellate court in the nation. They used a narrow lawsuit by the lenders to declare the CFPB's entire funding mechanism to somehow be unconstitutional, even though, when the consumer bureau was stood up, as the brainchild of Elizabeth Warren during the Obama Administration (before she went on to become a U.S. Senator), its funding mechanism was similar to many other quasi-independent Executive Branch agencies since the founding of the republic.

Thomas noted during oral argument on Tuesday that he did not see "a Constitutional problem" with the funding mechanism. Kavanaugh observed that Congress could change it "tomorrow" if they had a problem with it. Justice Elana Kagan charged the claims of the case were "flying in the face of 250 years of history." Justice Ketanji Brown Jackson, at one point, characterized the challenger's argument to say that "a provision of the Constitution is unconstitutional."

In short, it didn't go well for the lenders or Donald Trump's former Solicitor General who represented them at SCOTUS.

We're joined today to discuss what happened and what it all means --- including for other Executive Branch agencies that the right is similarly hoping to see dismantled, piece by piece, by the Judicial Branch --- by progressive financial journalist, author and Executive Editor of The American Prospect, DAVID DAYEN. He wrote a award-winning 2016 book about the same 2008 financial crisis that spurred the creation of the CFPB.

As Dayen explains today, the agency was created by Congress specifically to protect American consumers against scams by payday lenders, banks, credit card companies and other corporations. It receives its annual funding via the Federal Reserve, with a cap set by Congress. He argues that this case "threatens practically every consumer financial transaction that is made in the country."

After citing dozens of other federal agencies that are not funded via annual appropriates by Congress itself, Dayen asks, "If CFPB is unconstitutional, why wouldn't all these other things also be unconstitutional? In fact, there are plenty of other programs that are not funded by direct annual appropriations by Congress. I'll give you two big ones: Medicare and Social Security. They are mandatory spending. 60% of the federal budget is funded this way. Are they also unconstitutional because they are not exclusively funded by Congress?"

The 5th Circuit, he notes, "made this one ruling trying to help out payday lenders, but it really affects the functioning of daily life." The right has been gunning for the CFPB ever since its creation, and this case was supposed to be the one that finally killed it once and for all. But, Dayen suggests, with the caveat that anything could happen with this Court, after yesterday's argument at SCOTUS, he doesn't see the five votes that would be needed there to kill the CFPB...

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On today's BradCast: If lying to Americans about crime failed to result in a "red wave" for Republicans in 2022, perhaps lying to them about "woke" banks will do the trick in 2024! I'm sure it'll work. [Audio link to full show is posted below this summary.]

Among the many stories and important context offered on today's program...

• Moody's considers downgrading the U.S. banking sector in the wake of several bank failures in recent days, even while declaring that the industry's outlook remains strong.

• Inflation has eased slightly over the past month, according to the U.S. Bureau of Labor Statistics. Wall Street rejoices.

• Elizabeth Warren, as usual, was right when she warned in 2018 that rolling back the Dodd-Frank Act (enacted to prevent bank failures after the 2008 banking crisis) to loosen regulations and oversight of banks like Silicon Valley Bank and Signature Bank would end in disaster. As she noted at the time, before Donald Trump signed the bill to loosen restrictions on financial institutions: "Washington is about to make it easier for the banks to run up risk, make it easier to put our constituents at risk, make it easier to put American families in danger, just so the C.E.O.s of these banks can get a new corporate jet and add another floor to their new corporate headquarters." As usual, we should have heeded her warning.

• Today we explain exactly happened that resulted in the failure and subsequent federal takeover of SVB and Signature by the FDIC, in case it hasn't yet been made clear. And, while the unnecessary failures stem directly from loosening government oversight and restrictions on banks to gamble with depositer funds, as allowed by Congress and Trump in 2018, what didn't cause it, is "wokeness." That's the explanation from Fox "News" over the past few days for what happened.

• The cause of the bank failures was also not ESG (Environmental Social Governance) or DEI (Diversity, Equity and Inclusion, as Fox itself boasts about on its own company's website) or CRT or LGBTQ or anything else that Fox and Ron DeSantis are lying about to Americans about.

• But what does appear to be true, when it comes to the latest Fox/DeSantis boogeyman of "woke", is that Americans have no problem with being "informed, educated on, and aware of social injustice," the definition of "woke" according to most Americans in a new USA Today/Ipsos poll. The same survey also finds Americans overwhelmingly (75% to 21%) in opposition of book banning by state's such as DeSantis' Florida.

• 81-year old Republican minority Senate Leader Mitch McConnell has now been released from the hospital after suffering a concussion from a fall last week. But he has checked into inpatient rehab for some reason. We truly hope he will be okay, if only because he may now be the only thing still holding together Congressional GOP support for Ukraine in its war against imperialistic invading Russia.

• As we learned on Monday night via Tucker Carlson on Fox, DeSantis is now against supporting Ukraine in what he now describes as a "territorial dispute" with Russia, the authoritarian-led nation that has invaded it. As it turns out, DeSantis, while a member of Congress, was strongly in favor of the U.S. supporting Ukraine with lethal aide against Putin. That was before he became a contender for the 2024 GOP Presidential nomination and decided to be against it. The survival of democracy in Europe is, apparently, no longer important for either of the GOP's two 2024 front-runners. Donald Trump has said his "peace plan" is to allow Russia to "take over" parts of Ukraine.

• But some good news for democracy out of New Mexico, where the state legislature finally passed a voting rights bill on Monday that will expand the franchise to all residents who are now out of prison; strengthen access to the ballot for Native Americans; make Election Day a state holiday; and significantly strengthen the state's automatic voter registration program.

• Finally, Desi Doyen joins us for our latest Green News Report. Among our stories: The Biden Administration's approval of controversial new oil drilling projects in Alaska, even while banning future such operations in Alaska and the Arctic Sea at the same time; Mack Truck introduces another electrified model; and Tropical Storm Freddy smashes all-time records in the Indian Ocean...

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Today on The BradCast, some help for voters in California trying to make sense of some of those confusing propositions on this year's midterm ballot, and some new worries for the entire nation when it comes to the GOP's vow to destroy the so-called "administrative state". [Audio link to full show is posted below this summary.]

We're joined today by DAVID DAYEN, investigative financial journalist, Executive Editor of The American Prospect and author of (most recently), Monopolized: Life in the Age of Corporate Power. We've got quite a bit to discuss with him today.

First, ride-share companies Lyft and Uber scammed California voters two years ago with the landslide passage of Prop 22, which the companies spent nearly $250 million to put on the ballot and misrepresent to voters. They claimed that their workers in the state should not be treated as employees under CA law --- with all the benefits that come with it --- but as a new type of independent contractor. The companies told voters that, under Prop 22, their drivers would make at least 20% above minimum wage (currently $15/hour in the state) and would receive other increased benefits for healthcare, etc.

Now, two years in, it turns out that Uber and Lyft drivers in CA are averaging just $6.20/hour. Dayen explains how that can possibly be, adding: "When you allow a corporation to set the terms of employment and to opt out of, in this case, the state system that governs employment arrangements, they're probably going to take advantage of it for their devices. And that's exactly what happened here."

This year, Lyft is supporting another CA ballot initiative, Prop 30, that would tax millionaires to help subsidize elective vehicles for their drivers and to fund CA firefighting efforts. The state's Democratic Party seems to believe them. The state's Democratic Governor Gavin Newsom, on the other hand, doesn't. What explains that? We try to figure it out.

But, more importantly, Dayen argues the entire matter is symptomatic of what he now sees as CA's "failed experiment with direct democracy" in its ballot initiative process. Can it be reformed to make it work for the people as intended? Or has it been irreversibly taken over by corporate interests who have learned how to purchase their interests into state law?

Also today, Dayen breaks down last week's stunning ruling by a three-judge panel on the hard-right 5th Circuit Court of Appeals (all three were Trump appointees), finding that the way Congress chose to fund the Consumer Financial Protection Bureau (CFPB) is, somehow, unconstitutional. The CFPB was created during the Obama Administration to protect consumers after the 2008 global banking crisis and subsequent Great Recession. It was the brainchild of Elizabeth Warren before she became a Senator. The Bureau is the only federal agency built and devoted specifically to protecting consumers, as opposed to corporations.

As Dayen explains, the court's ruling, if allowed to stand, would not only make the CFPB go away entirely (long a goal of Republicans), but also hundreds of regulations and consumer protections that the Bureau oversees. Moreover, if the judges are right about the funding mechanism for CFPB being unconstitutional, well then so is the funding for dozens of other critical federal agencies and programs!

"The logic of the 5th Circuit's ruling is that all of those other agencies [including the FDA] are also unconstitutional," says Dayen. "There are also a number of mandatory spending items in America that are not funded through the appropriations process. Social Security, Medicare, Medicaid, food stamps. The logic of the 5th Circuit's ruling is that all those things are all unconstitutional."

In addition to "this ruling defunding the police --- the consumer protection police" in a case brought by the rapacious payday lending industry, he details how this is the very definition of the GOP's years-long vow to "destroy the administrative state". In this case, as Dayen argues, there are also a bunch of protections for big banks that would be wiped out as well unless the ruling is overturned. So, maybe that little glitch will --- ironically enough --- help to save the CFPB.

One more matter we touch on with the author of Monopolized: Life in the Age of Corporate Power, the recently announced takeover of Albertsons by Kroger, which already owns Ralph's, Food For less, and many others as the nation's largest grocery store conglomerate. Albertsons is the second largest. They own Vons, Safeway and many others. In short, Kroger's takeover, if it goes through, would result in one company owning --- and having near monopolistic pricing power over --- more than 60% of the nation's grocery stores. As you might imagine, Dayen has a few warnings about this "very, very disturbing merger," but adds that he's pretty sure that Biden's Federal Trade Commission (FTC) "is going to take a healthy look at it."

Finally today, one more thought on one more initiative on this November's CA ballot, one which is likely to spread like a deadly virus to much of the rest of the country if successful here. Prop 31 would ban the sale of flavored e-juice for vaping and e-cigs in the state. The disingenuous claim by supporters is that flavors --- like the one that I used, espresso, to finally successfully quit smoking --- are attractive to kids. Prop 31 proponents argue this ban on flavored vape juice is needed to keep kids from vaping. But the fact is that kids are already banned from buying these products in CA! Instead, the ban would serve only to kill actual smokers by preventing them from switching to vaping, which scientists universally find to be far safer than smoking. More details in support of "NO" on CA's Prop 31 --- a maddening and deadly scam --- on today's BradCast...

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Today on The BradCast: Sure, the supply chain was, and occasionally still is, a problem. So is Russia's war on Ukraine, obviously. But it's the greed of billionaires and the cowardice (or corruption) of public officials to do anything about that greed in this country that must be turned around in order to save the U.S. [Audio link to full show is posted below this summary.]

But, first, speaking of corruption...New numbers out today from the Labor Department suggest that inflation may have peaked before April. As the Times alerted today, "Inflation moderated slightly in April, though the 8.3% annual gain in U.S. consumer prices remained uncomfortably high." As AP trumpeted in its breaking news iPhone alert: "U.S. inflation slowed slightly last month, a tentative sign that prices may be peaking while still imposing a financial strain on American households." Reuters: "U.S. consumer price growth slowed sharply to 0.3% in April, suggesting that inflation may have peaked." They were all similar....Well, except for Fox "News": "Inflation higher than expected in April, holding near 40-year high."

And you wonder why Rightwingers are so angry? It's still the Fox "News", stupid.

And speaking of stupid...Midterm primaries were held in Nebraska and West Virginia on Tuesday. (Happily, unlike in Ohio last week, we saw no reports of voting problems or voting system breakdowns, so far.) As you may have noticed, pretty much every news report about Tuesday's results focused on what they mean for Donald Trump and his party and the candidates he endorsed. The incumbent U.S. House member that Trump endorsed in WV who ran for the GOP nomination against another incumbent U.S. House member who voted for Joe Biden's bipartisan infrastructure bill won on Tuesday. Kingmaker Trump's power over the party is still strong! But the 8-time accused sexual harasser that Trump endorsed and stumped for in NE's GOP Gubernatorial primary lost. Trump's influence may be faltering!

As we discuss today, that framing by the corporate media --- reporting on these critical elections through the lens of Trump --- is wildly unhelpful and ill-serves the public at a time when democracy itself is on the line this November (and in 2024). It's not about Trump. He's already captured and broken the party. And that is true if he drops dead tomorrow and Ron DeSantis --- or anyone else --- takes his place. The damage is done. So, how can we fix it? Much more on that on today's show.

And speaking of failures all around... as the nation's death toll from COVID hits a staggering 1 million... The nation's corporations and rich people are doing just fine, thanks.

Big Oil continues to raise prices at the pump for consumers by pretending that its caused by post-pandemic supply chain issues and the war in Ukraine, even as they continue to rake in record profits (not revenue, but profits) in recent months. The profiteering --- under the guise of supply chain-induced "inflation" --- is also seen in other industries, of course, including the food industry, as well as the apparel business. In their latest reports on the industry profiteering, Accountable.us President Kyle Herrig appropriately derides "the industries most unapologetic about charging their customers more during a fragile economic recovery, apparently just because they can." And they can, because we let them develop monopolies and near-monopolies so there is little or no price competition left in the "free market".

And then there are the the nation's 727 billionaires whose growth in net worth over the two-plus years of the pandemic --- while you were struggling to stay employed, housed and fed --- is up $1.71 trillion from March 2020 to May 2022. That's a gain of more than the entire annual GDP of Canada for just those 727 U.S. billionaires. The biggest winner seems to have been Elon Musk, whose personal wealth was valued at just under $25 billion in March of 2020. Now, after two years of a pandemic economy, his wealth is said to be $255 billion as of the beginning of this month.

How did that happen? Why did that happen? What can and should be done about it? And does anyone in D.C. --- any one, from any party --- have the courage and ability to lead the nation to do anything about it?

All of those questions and more are answered today by our guest, OMAR OCAMPO of the Institute for Policy Studies' Program on Inequality and the Common Good, who asks today, "What about the rest of us? The median income, comparing 2020 to 2021, for your average U.S. worker has actually decreased by $2,000. And our median household wealth, comparing 2019 to 2001, has actually decreased. So yes, when you look at it by income or wealth percentile, it has been the top 10%, but especially the top 1%, that have seen impressive gains."

Ocampo helps explain how it happened, and what steps can and must be made to reverse this obscene continuing trend. Among the policy ideas discussed --- several of which have long been pushed by members of the progressive caucus in Congress --- a wealth tax on the assets of the richest Americans; partial student loan forgiveness; establishing a federal Commission on Profiteering, empowered with the ability to claw back some of what has been robbed from American consumers; strengthening organized labor and democracy itself.

And, yes, he explains, that will mean voting for more Democrats in Congress and at all levels of government. Hopefully good ones. Or this is going to continue to get much, much worse.

"The Republicans, from an ideological perspective, they are not interested in having some type of government intervention in order to solve societal problems," Ocampo charges. "They normally pivot towards philanthropy. But now is not the time to pivot to philanthropy, mainly because philanthropy does not scale, and it also denies public accountability for social problems or things that have to deal with the public good. So issues that affect the public should involve public input, and it should be carried out by democratic institutions."

"Economic inequality translates into political inequality. And the greater your material resources, the greater your access to participate in the state," he tells me. "This is very detrimental to democracy, because it makes the democratic institutions unresponsive to what the majority wants. The majority wants increased taxes on the wealthy, but it never seems to happen. That's probably because of their influence they have on both political parties."

"Elections matter, and to alleviate, especially in the short term, it would be best to elect Democrats. Because there is a section of the Democratic Party, specifically those that self-identify as progressives, who care about wealth inequality and know that it has distorting effects across our whole society."

Finally today, speaking of things getting much worse... Democrats held a show vote in the U.S. Senate to codify abortion rights (the Constitutional freedoms about to be taken away by the stolen and packed U.S. Supreme Court) after the Women's Health Protect Act was already passed by Democrats in the House. As expected, all Republicans and Joe Manchin voted against it, so the measure failed to reach the 60 votes necessary to do almost anything in the undemocratic Senate.

And, also breaking during today's program, an insane, corrupted federal appeals court in California decided that the state's law restricting the purchase of semi-automatic firearms to those 21 or older is a violation of the Constitution's 2nd Amendment. So, yup, apparently 12-year olds in CA can now buy semi-automatic weapons! Have fun, kids!

Did I mention we need more democracy and fewer corrupted federal judges? Yeah, that also comes with voting. Please get busy. Thanks...

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IN TODAY'S RADIO REPORT: Biden bans Russian fossil fuel imports, Americans approve, even if it raises gas prices; Europe rapidly overhauls its energy security strategy; Dems eye tax on Big Oil profiteering; PLUS: Global CO2 emissions hit new all-time high last year... All that and more in today's Green News Report!

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IN 'GREEN NEWS EXTRA' (see links below): Myth-busting: America can't solve its gas price problem (or its Russia problem) with drilling; GOP's Biggest Whoppers About Biden And Fossil Fuels; Trump oversaw massive increase in Russian oil imports on his watch; Shell is betting big on offshore wind following UK ban on Russian oil; Right-wing media is pinning the blame on Greta Thunberg and climate activists for Russian invasion of Ukraine; EPA restores CA authority to set its own auto pollution rules; Biden pushes Congress to help burn pit veterans... PLUS: Half of American adults exposed to harmful levels of lead as children... and much, MUCH more! ...

On today's BradCast, we cover both COVID and SCOTUS and how to try and stay safe from and/or fight back against the very serious threats now posed by both of these hideous, rogue, all-caps acronyms. [Audio link to full show follows this summary.]

First up, it's COVID. Specifically, the Omicron variant, as the CDC finds that, according to their latest data, unvaccinated people are 14 times more likely to die and 11 times more likely to be hospitalized with COVID-19 than those who are vaccinated. Those numbers seem to refer to those vaccinated by two mRNA shots without a booster shot, which is now key to fighting the quickly rising threat of Omicron.

As Josh Marshall bluntly warns in one of his chilling recent updates on newly emerging data on the new, highly transmissible variant --- which still include a number of unknowns --- "A lot of people are about to get sick."

New studies just coming in from around the world suggest that Omicron is incredibly aggressive, even for those with some immunity from two vaccine shots or previous infection. A booster shot, the studies are finding, help tremendously to ward off both the likelihood of infection, as well as the worst symptoms. Two doses and a booster will roughly offer the same protection against Omicron as two shots alone did against Delta. Marshall reports the data show "late December through January will be explosive in terms of numbers of infections" in the U.S. He repeated a similar warning based on newer incoming data on Omicron last night: "The rate of growth is simply explosive. There’s no other way to put it...we should expect a very, very large wave of infections in the coming weeks...The pace and scope of the surge looks likely to be something like the original one in the Spring of 2020."

Too many people, I believe, have been placating themselves on the somewhat misleading data point suggesting Omicron infection appears to be less severe than previous variants. There are a number of reasons that it could be (including the fact that many now have at least some immunity due to vaccination or antibodies from a previous infection), but the severity level misses the point of the somewhat terrifying transmissibility numbers emerging right now and how that is likely to overwhelm health systems in this country and result in a lot of people dying. A more mild disease that infects 5 times more people is equally or potentially even more deadly.

The current surge under way in the U.S. is still almost entirely comprised of Delta cases. Once Omicron --- which is really good at breaking through immunity created by both infection antibodies and vaccines --- begins to rise over the next 2 to 4 weeks, things could get really bad on several levels. We are already seeing deaths spike again to more than 1,700 a day in the U.S., and that's almost entirely from Delta.

Bottom line: Get boosted. "It's not a marginal difference" from two shots, Marshall advises, based on a very close reading of emerging data and discussion with experts, "It's a big one." He goes on to write: "I would also seriously consider limiting obvious vectors of exposure: indoor activities in large groups, eating indoors, large crowds indoors or out. We all have our own levels of risk aversion and we can’t hide forever. But you should assume that your risk of being exposed to COVID is about to go up a lot. So plan accordingly.

Of course, he's hardly the only one sending this similar message. "All the models right now are flashing bright red," warns New York "Intelligencer" science writer David Wallace-Wells in one of his latest pieces headlined "Omicron is About to Overwhelm Us: The new COVID variant has all the makings of a mass wave." Pay attention please. Get boosted.

Next up, it's SCOTUS. Senator Elizabeth Warren (D-MA) penned a blistering --- if absolutely correct on every key point --- op-ed at Boston Globe yesterday, calling for the expansion of the Republicans "packed" and "stolen" and "corrupt" Supreme Court. The call comes not a moment too soon (and, perhaps a year or so too late). Still, it's good to hear elected officials speak as directly about the threat now posed by this corrupted, partisan Court to "basis principles of law" which now "threaten the democratic foundations of our nation."

We share most of her piece on air today. But if you don't listen to the show, read her must-read piece. She breaks down precisely how Mitch McConnell's hypocritical "Republican court-packing has undermined the legitimacy of every action the current court takes" as its illegitimate 6 to 3 rightwing "supermajority will continue to threaten basic liberties for decades to come." Democrats, she advises, must exercise their Constitutional Article III, Section 1 authority to change the size of the Court, as Congress has done at least seven times before. That number doesn't even include what happened after McConnell, corruptly "reduced the size of the court for over a year solely for ... partisan gain and then turned around and jammed through another nominee days before losing the presidency."

But, as welcome as op-eds are, action is better. So we were delighted when, immediately after the Supremes last week once again allowed Texas' clearly unconstitutional six-week abortion ban law to stay in place, the Governor of California announced plans for actual action to push back. If its now judicially acceptable to write laws that both undermine Constitutional rights and evade judicial review by allowing private citizens to enforce it, as the Texas law does, the same can be done with other rights.

On Saturday, Gov. Gavin Newsom declared his intention to "work with the Legislature and the Attorney General on a bill that would create a right of action allowing private citizens to seek injunctive relief, and statutory damages of at least $10,000 per violation plus costs and attorney’s fees, against anyone who manufactures, distributes, or sells an assault weapon or ghost gun kit or parts in the State of California."

"If states can now shield their laws from review by the federal courts that compare assault weapons to Swiss Army knives, then California will use that authority to protect people’s lives, where Texas used it to put women in harm’s way," the Governor noted in his brief statement. "If the most efficient way to keep these devastating weapons off our streets is to add the threat of private lawsuits, we should do just that."

He seems quite serious. And so does New York Attorney General Leticia James who, when asked about whether her state might take similar actions to Newsom's this week on ABC's The View, cited the outrageous immunity against prosecution that gun manufacturer's have been afforded by federal statute to say: "Yes! When I heard about that, I said to my team, we need to follow his lead."

Good. It's remarkable that the extremist radical rightwingers on the High Court either didn't see this coming, or didn't care. Of course, if the Supremes are cool with the Texas law as written, what is to stop any state from allowing "lawful" private, vigilante law suits against people who are simply exercising their First Amendment rights by, say, wearing a MAGA hat or being members of the Republican Party? In truth, nothing stops that at all, which is why Sen. Warren's op-ed is so on point.

Finally, as if those threats are aren't enough, Desi Doyen joins us for our latest Green News Report, with more threats to our climate than the Supreme Court should allow us to fit into six minutes...

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The volume of incoming huge news stories these days is getting to be as overwhelming as it was during the Trump years. But it's also a reminder to anyone who has deluded themselves into thinking that the Trump Era is over, it is anything but. We were planning on covering ProPublica's blockbuster bombshell exclusive this week on today's BradCast --- and we still do --- though it has been somewhat eclipsed by last night's New York Times blockbuster bombshell exclusive. We do our best to cover both today. [Audio link to full show follows below this summary.]

First, the remarkable news broken by the Times late on Thursday is that Donald Trump's wildly corrupt Dept. of Justice was a whole lot more corrupt than we have all yet fully appreciated. As it turns out, in an unprecedented move, his DoJ secretly subpoenaed phone, email and text message data of Democratic members of Congress on the House Judiciary Committee. But it wasn't just members that Trump saw as political enemies, including top Judiciary Dem Adam Schiff and Rep. Eric Swalwell. It was also their staff and even their children, one of whom was a minor, according to the Times' blockbuster.

All of that, even as the Trump Administration spent years blocking Congress from lawful subpoenas for testimony and documents from the White House itself and virtually every Executive branch agency, under the false premise that it would violate the Constitution's Separation of Powers, granting co-equal powers to both the Legislative and Executive branches. All the while, the Trump Administration was actually --- literally --- spying on members of the Legislative branch, while claiming (disingenuously) that Congress was overstepping its bounds by issuing lawful, public subpoenas for testimony to members of the Executive branch.

The stunning news comes after a week in which we previously learned that the Trump DoJ also secretly obtained phone, email and text records of journalists at the Washington Post, New York Times and CNN. Democrats claim to be outraged by it all, and vow to investigate. But without real legal consequences, accompanied by sweeping reforms by both Congress and, most immediately, Merrick Garland's Dept. of Justice, the appalling and outrageous and unlawful acts carried out during four years of the Trump Administration will absolutely be carried out again --- and even worse next time --- in the very near future.

Speaking of much-needed, long-overdue action from Congress, the ProPublica bombshell this week revealed that --- based on a "vast cache of IRS information" somehow obtained by the non-profit media outlet on the nation's wealthiest men --- American billionaires have been allowed to avoid almost all federal income taxes for years on their accumulated and still-surging wealth. As the media outlet reports in their jaw-dropping, nearly 6,000 word exclusive this week, "billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing."

Their months-long analysis of the data "demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most. The IRS records show that the wealthiest can --- perfectly legally --- pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year."

The raw IRS data show that billionaires like Bezos (the world's wealthiest man), Musk, Buffett and the others often pay zero in federal income taxes. Overall, the nation's top 25 wealthiest --- whose fortunes increased collectively by $401 billion between 2014 and 2018 --- paid a tax rate on that accumulated wealth of just 3.4% on average. That, compared to a median tax rate of 14% paid by regular, middle-class Americans, as the U.S. tax code rewards wealth over labor.

The New York Times explains in its own coverage of ProPublica's scoop, that even as Congress and President Biden bicker over tweaks to marginal tax rates, the ultra-wealthy avoid such trivialities all together. "The ProPublica revelations got to a widely understood issue: that the superrich earn virtually all their wealth from the constantly rising value of their assets, particularly in the stock market, and that the sales of those assets are taxed at a lower rate than ordinary income from a paycheck...But the analysis also revealed a less recognized strategy employed by the superrich: taking huge loans, using their assets as collateral. It allows them to avoid selling their assets and facing taxation, and even to write off some lending costs. In that way, Mr. Bezos and Mr. Buffett were able to show yearly income losses even as their wealth grew by billions of dollars."

Mother Jones' Senior Editor MICHAEL MECHANIC joins us today with a great deal of context and perspective on this long running, if legal, scam, after spending a couple of years hanging out with the ultra rich while researching his newly published book, Jackpot: How the Super-Rich Really Live --- and How Their Wealth Harms Us All.

Mechanic underscores the scam revealed by ProPublica: "As we've seen from the way the tax code works, wealth begets wealth, and we reward capital over wages. If you make a fortune on a stock, you pay a maximum of 20% when you sell that stock. In the meantime, when you hold it, you don't pay any taxes at all --- it's called 'unrealized gains.' What these billionaires have done is they just borrow against that. They never have to sell, so they never even pay the capital gains tax.  Meanwhile, you and I are getting a paycheck. If we made as much as they did, we'd be charged 37%.  So it's 37% versus 20% for assets, but they're not even paying the 20% because they're not selling the assets. They're taking out low-interest loans, paying a few percent, living on that money." And, yes, even as the cost of the interest would be less than they'd have to pay in taxes if they sold assets to live on their own money instead, they actually get to deduct the cost of those loans from their income taxes!

We discuss, among other things, how all of this actually hurts average Americans; how, because of it, trillions of dollars are not available to the government to spend on healthcare, schools, climate change, infrastructure and other public services; what, if anything, can or will be done about it by Congress --- where Republicans (and too many Democrats) seems to be just fine with a system that rewards wealth over work; whether proposals like Elizabeth Warren's wealth tax of .02 cents on every dollar of wealth by those worth more than $50 million could ever be adopted in Congress or is even Constitutional; and how all of this wealth doesn't even get taxed upon death when it's passed from generation to generation, as Mechanic reports at MoJo today.

"There's always been this argument, from the very beginning, that if you tax investors and business people, those people then won't invest, won't create jobs," Mechanic observes. "It's a spurious argument. If you have $100 million and somebody raises the capital gains rate, does that mean you're not going to start a company? You're not going to put it into the stock market? No, of course not. What else are you going to do with your money, put it under your mattress?!"

And, yes, we also discuss his new book (highly lauded by the legendary Bill Moyers!), which Mechanic describes as "not a polemical book. It's a funny, entertaining, and enraging character-driven narrative, in which I basically hang out with super-wealthy people and their minions. I interview researchers, I talk to a woman who trains billionaires' nannies in physical combat, [and] a guy who builds luxury safe rooms. It's a journey of the American wealth fantasy and how it's gone off the rails."

So, hey, if you're not already enraged enough by today's program, please buy Mike's book! It's out just in time to enrage Dad for Father's Day!

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Prepare to be outraged by some gobsmacking and maddening numbers from today's guest on The BradCast. [Audio link to show is posted below summary.]

But first, speaking of startling numbers, statistics from this year's flu season prove that masks and social distancing do indeed help to prevent viral transmission and death. That, of course, is bad news for residents of Texas and Mississippi, where their idiot Governors this week lifted statewide mask mandates and all restrictions on businesses, even as COVID infection rates are on the rise in both states. Both are among the top 10 worst states in the nation in that regard in recent weeks. Mississippi leads the nation, with Texas not far behind. And that was before they ended statewide mandates this week in contradiction of strong advice from health experts.

In Washington, Congressman Eric Swalwell (D-CA), one of the House Impeachment Managers during Donald Trump's second Impeachment Trial, filed suit against the disgraced former President, his son Don Jr., Rudy Giuliani and Rep. Mo Brooks (R-AL) for their roles in inciting the January 6th U.S. Capitol insurrection. Swalwell's civil complaint follows on a similar one filed last month by Mississippi Rep. Bennie Thompson and the NAACP.

At the same time today, the U.S. Senate continued debate over the American Rescue Plan, President Biden's $1. 9 trillion emergency COVID relief and stimulus package after Republican Sen. Ron Johnson of Wisconsin forced an all-night reading of the 628-page measure that was passed by the House late last week. In addition to funds to speed distribution of vaccines, the bill includes $1,400 payments to Americans making less than $75,000, an extension of federal unemployment benefits, hundreds of millions to reopen schools safely, and to supplement lost revenue to hard-hit, cash-strapped states and cities.

As tens of millions of Americans have lost their jobs through no fault of their own, and are both struggling to keep a roof over their heads and put food on the table, the relief can't come soon enough, despite zero votes of support from Republicans in either the House or Senate, so far, for the otherwise wildly popular bill. Johnson described it as a "boondoggle" full of unnecessary spending that would blow out the national deficit, even as it will cost the same amount of money that he and all the other Republicans voted in favor of when they passed Donald Trump's 2017 tax cuts for mostly wealthy Americans and corporations.

But while Senators --- even on the Democratic side --- squabble over whether unemployment payments should be $400 a week and last through August, or $300 a week and last until September, America's 664 billionaires could cover almost the entire cost of the measure from only the money they've made during the last 11 months of the pandemic.

We spoke last Summer with CHUCK COLLINS, Director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits Inequality.org, about his "Billionaire Bonanza 2020" report. Today, he joins us again with a maddening update to that report, finding that, as more than half a million Americans died, 73 million lost work, nearly 100,000 business permanently closed, 29 million adults reported their household did not have enough food over the past week and 11 million children didn't eat enough because their household couldn't afford to fully feed them, the 664 billionaires in the U.S. actually gained $1.3 trillion in added wealth since the beginning of the pandemic!

The profits of that handful of mostly white, male billionaires could cover more than two-thirds of the entire $1.9 trillion American Rescue Plan and, "At $4.2 trillion," Collins' updated report reveals, "the total wealth of America's 664 billionaires is also more than two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans."

Those are just some of the startling numbers from his latest report, highlighting the obscene inequality in the U.S., made even worse by the nearly year-long coronavirus pandemic. Shamefully, all of the numbers are still worse for women and people of color. "The inequalities of income and wealth and the racial wealth divide were the pre-existing conditions as we went into the pandemic," he explains. Collins tell me that "the number of people who have no financial reserves --- zero, or negative financial wealth" is "14% of white households...but double that, 28% of Black households, 26% of Latino households...[and] that was before the pandemic."

"That's why 660 billionaires can have almost twice as much as the bottom half of US households --- because the bottom half doesn't have much!," he reports. So, what to do about it? Will the American Rescue Plan help? How about Sen. Elizabeth Warren's recently refiled "Ultra-Millionaire Tax Act" that would tax two cents of every dollar of wealth above $50 million, generating at least $3 trillion in revenue over ten years in the bargain.

Warren cites Collins' new study in making the case for her new wealth tax proposal. Her proposal is wildly popular among voters of all political stripes, as she pitched a similar version during her Presidential run last year. The fact that it isn't already the law, Collins argues, "is simply a reflection of the power of wealthy interests to block change in our political system. It's not that they're changing the political system --- they're able to stop and thwart and block change. And that's unfortunately what we're up against."

"That's the debate we're watching right now in the Senate," he adds, "where half the members in the Senate, they don't have a program to help America get through these hard times. They just want to block the one that would actually make a difference. Unfortunately, the Republicans have been the 'Party of No' because they don't want government to succeed in making a difference in people's lives, because that would undermine their whole program."

Yes, we've got a lot to discuss today with Collins, whose newest book out this month, The Wealth Hoarders: How Billionaires Spend Millions to Hide Trillions, details "the shadowy Wealth Defense Industry," which he explains today as well. Sen. Bernie Sanders writes that "Chuck's book reveals a blueprint for reversing this obscene inequality so we can take back our democracy and ensure that our government works for everybody --- not just the billionaire class and wealthy campaign contributors"...

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On today's BradCast: Elections are under threat once again this year, and not just from the President of the United States. But one group of cybersecurity experts launched a new initiative on Friday to try and help --- and not a moment too soon. [Audio link to full show is posted below.]

First up, what suffices for some good news today: The Manhattan District Attorney seeking 8 years of Donald Trump's tax records and those from the Trump Organization suggested in a court filing today that his investigation requires those documents since he is examining "extensive and protracted criminal conduct at the Trump Organization...dating back over a decade." Until today, the office of Manhattan District Attorney District Attorney Cyrus R. Vance, Jr. had indicated only that he was probing the hush-money payments made to porn star Stormy Daniels and Playboy model Karen McDougal before the 2016 election. Those payments were meant to keep them quiet about affairs with Donald Trump.

Trump's former attorney Michael Cohen is serving a three year sentence for his part in that criminal campaign finance conspiracy which both he and federal prosecutors say was "directed" by Trump himself. But today's court filing makes clear that Vance's probe goes far beyond that. Last month, the U.S. Supreme Court said that subpoenas of Trump's financial services institution by the Grand Jury impaneled by Vance were permissible, though they sent the case back to a lower court for one more review, delaying any potential state prosecution of Trump or his associates likely until after the election. Now we have some confirmation that Vance's state investigation (which is immune to Presidential pardon power) appears much broader than previously publicly known.

In other accountability news, a 17-year old from Tampa, Florida was arrested on Friday, accused of being the mastermind behind a scheme last month that commandeered the Twitter accounts of Barack Obama, Joe Biden, Bill Gates, Elon Musk and other high-profile politicians, CEOs and pop stars. The conspiracy --- two others were also arrested, including a 19-year old from the UK and a 22-year old from Orlando --- was an attempt to scam more than $100,000 in Bitcoin out of gullible people who followed the Twitter accounts of those celebrities, which were taken over by the alleged perpetrators.

As we've observed before, if multi-billion dollar social media companies such as Twitter, which spends huge sums of money on cybersecurity, can't keep their systems safe from hacks like this, what chance does Mr. and Mrs. Local County Election Clerk have in protecting their computer voter registration databases, electronic pollbooks, computerized voting systems and computer tabulators this November? That effort is made all the more impossible this year thanks to the expansion of Vote-by-Mail in response to the COVID-19 pandemic, and the refusal of Republicans in Congress to appropriate the $4 billion that election officials across the country have been seeking for months in hopes of expanding election systems and protecting it from cyber-intrusion and other related failures this year. The federal government --- via the U.S. Dept. of Homeland Security (DHS) and the Elections Assistance Commission (EAC) --- offers extremely limited support for the nation's 13,000 independent voting jurisdictions.

But with just over 90 days until Election Day now, a new initiative is being launched out of the University of Chicago Harris Cyber Policy Initiative called the Election Cyber Surge. The initiative, according to its Executive Director MAYA WORMAN, who joins us on the show today, is to bring volunteer cybersecurity and voting systems experts together with local elections officials to help them with whatever cyber-related problems or concerns they may be facing before the election. The hope, she explains, is to help prevent cyberintrusions and ransomware attacks and the like before they happen.

"The need is clear," she tells me. "I think it's increasingly more obvious to those who aren't following this closely, who aren't following this beat. That, in itself, is a strong indicator that we are needed. ... It's not just voter rolls. It's not just the output of the machines, but all of the things in between, including maps of where all of your polling place might be, the hours that they're open, what the deadlines are to register, the information you need once you get there --- all of this stuff can be tweaked just slightly. That could affect the major portion of the voters in any given jurisdiction."

Given the enormous complexity of today's voting and counting systems --- not to mention often-interconnected voter registration systems and electronic pollbooks --- the free help offered by Cyber Surge is likely to be invaluable to thousands of local jurisdictions who may have limited, if any, IT support and a lack of access to cybsersecurity experts. Though we are now just three months out from this year's critical Presidential election (mail-in ballots will go out and early voting will begin in as few as 45 days in some places), Worman says she is confident that the new initiative --- born out of DefCon's "Voting Village", a hacking conference where white-hat hackers have been successfully trying their luck on various voting systems since 2017 --- will prove helpful to myriad election officials who, too often, rely only on private voting systems vendors for support.

"More than 50% of all election officials rely on at least 6 different vendors," Worman observes. "I think there's obviously an expectation that the people with whom they are doing business will not lead them astray, and maybe they won't. But when you have so many different, overlapping tools and systems and a network, and it's all being fed by an antiquated database that is protected who knows how, that is where vulnerabilities from having multiple vendors comes in."

Worman, and (hopefully) cavalry of experts aim to help. And quickly. The effort will be more necessary than ever this year given the necessary changes being made to voting during the pandemic and, thanks to Republican intransigence in Congress, a lack of financial resources to pay for it. "The days of making sure that the room where the ballots are kept is locked --- we're far beyond that now. So a reality check that is gentle, but based in reality, is critical," she warns, adding: "Without sounding too trite, I think staying positive is key here. I think it is very clear that there are more people who want our elections to work than who don't want them to work. And that's important to remember."

Finally, on a somewhat lighter note today, we open up the phone lines to listeners for their thoughts on a) who they would like to see presumptive Democratic Presidential nominee Joe Biden choose as his Vice-Presidential candidate and b) who those same listeners fear he will actually name. Some of the responses from callers may surprise you!...

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On today's BradCast: We start with good news for Democrats and Joe Biden before moving to the bad for Nancy Pelosi and her puzzling pick for a key oversight panel and seemingly terrible negotiation skills on emergency relief bills. [Link to full audio of today's show is posted below.]

On Wednesday, moments after we got off air yesterday, Donald Trump tossed his sorry pal Brian Kemp, Georgia's dumb-as-dirt and illegitimate Governor, under the bus, by pretending that he "disagreed strongly" with and felt it was "too soon" for Kemp's scheme to re-open nail salons, barber shops, tattoo and massage parlors and more in the Peach State as of Friday. That, even though Trump had reportedly called Kemp the day before to congratulate him on the move. At the same time, he was condescendingly tweeting about how much he cares about the old people who will be killed when Republican Governors across the country begun re-opening their states against the advice of health experts.

Trump's latest reversal is likely for good reason. One, the top health officials on his coronavirus task force pretty much insisted that he condemn Kemp's deadly decision and two, older voters --- a key part of his base --- appear to be abandoning Trump in droves thanks to his terrible response to the virus. New polling from Trump's favorite source, Fox "News", now shows Joe Biden beating Trump by 8 points in both Michigan and Pennsylvania, two states that are crucial to Trump's hopes of being re-elected. The Democratic Governors of both states, according to Fox, are very popular while Trump is decidedly not. In both states, large majorities of voters strongly support current stay-at-home restrictions, even if it continues to damage the economy.

The information in those polls amounts to the good news today for Dems. Then we turn to the mess that House Speaker Nancy Pelosi seems to be creating in D.C., while members are back in their districts and she is left to negotiate new relief bills, largely by herself with Mitch McConnell in the Senate.

DAVID DAYEN, Executive Editor of The American Prospect and author of the upcoming book, Monopolized: Life in the Age of Corporate Power, joins us again today to catch us up on just some of the very important scoops he has been churning out each day in his daily, must-read "Unsanitized" report at The Prospect.

He has been causing a lot of problems for Pelosi of late, after exposing her embarrassingly poor pick for the four-person Congressional oversight board created by the CARES Act to oversee trillions of dollars of corporate bailouts and giveaways in the bill. Each of the Democratic and Republican leaders in the House and Senate get to pick one member each for the panel. Freshman oversight bulldog Rep. Katie Porter (CA) --- who would be perfect for the job --- had made clear she was hoping to get it. Nonetheless, Pelosi selected her friend, freshman Rep. Donna Shalala (FL), who has absolutely no experience in financial oversight. Worse, much worse, as Dayen first revealed last weekend, Shalala, who previously served as Bill Clinton's Health and Human Services Secretary and CEO of The Clinton Foundation, had mountains of conflicts due to stock investments in dozens of companies whose bailout funds she was being asked to oversee.

The story gets even worse, however, as Shalala first claimed she had sold most (if not all) of those stocks, before Dayen found that, if she had, she failed to publicly report those transactions as mandated by the federal STOCK Act, as her office had previously tried to claim she had. After another day or so of this fact-pummeling by Dayen at The Prospect --- eventually picked up by the corporate media --- Shalala was forced to admit that she, in fact, failed to file those mandatory disclosures. She apologized, claiming she had failed to understand the requirements of the Act, despite it being incredibly simple --- unlike the task of overseeing trillions of dollars in loans and grants by the Treasury Department and Federal Reserve, as required by the oversight panel on which she is now seated.

"How is Donna Shalala going to be in a hearing with the Federal Reserve, asking them about the rules and procedures of the corporate bailout, when she couldn't follow the most simple, basic step required of her as a member of Congress?," Dayen wonders.

Not a promising sign, even as Dayen reports that Shalala continues to have large holdings in a health care company that would also be subject to oversight by her panel. "The one stock she did not sell was in United Health, the health insurance company that she was on the board of for several years. She still holds that now. So she is a walking conflict of interest even in her normal duties in Congress," he tells me.

Nonetheless, nearly a week into Dayen's coverage, after a belated apology from Shalala for her violations of federal law, Pelosi continues to stand by her poor selection. Why? Well, Dayen discusses that and much more on today's show (including the much better selection of former Elizabeth Warren protege, Bharat Ramamurti, by Senate Minority Leader Chuck Schumer for the same panel.)

We also discuss what is --- and, more disturbingly, is NOT! --- in the nearly $500 billion bailout bill passed by the House on Thursday, after largely being crafted by Mitch McConnell in the Senate as Dems continue to give away pretty much all of the leverage they may have had for a list of things Dayen argues they should have fought for, including: "State and local government funding...Payroll support along the lines of just having the government operate these payrolls rather than having people laid off...Money for the Postal Service, which is about to go under...Health insurance expansion for the duration of the crisis...Rent relief...foreclosure relief...Nor did they guarantee Vote-By-Mail for every American during the November election."

It's a very lively and troubling conversation, with lots of stuff --- maddening, amusing and informative --- including why Congress has failed to adopt some way of remote voting so that they can somehow continue to carry on the people's business, even during the need for physical distancing.

Finally, we're joined by Desi Doyen for our latest Green News Report, with some good news (believe or not) and bad in the age of the coronavirus...as well as some swingin' music to take us out for the day!...

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On today's BradCast: Avery important lesson from the coronavirus crisis for progressives and for all Americans that I hope we are all able to remember once this crisis has finally ended. [Audio link to full show is posted at end of article. Please click it!]

Britain's 71-year old Prince Charles, 71-year old Rock-and-Roll Hall of Famer Jackson Browne and 81-year old playwright Terrence McNally all tested positive. The prolific playwright succumbed on Tuesday in Florida. They were all able to get tested for coronavirus. Tens, if not hundreds of thousands of Americans still cannot. Add it to the list of national disgraces we are collectively enduring as we stay-at-home as much as possible in hopes of slowing the spread to keep our medical system from becoming overwhelmed.

That said, Senate Democratic and Republican leaders have come to an agreement on another emergency spending bill to address a bit more of the growing fallout from the global coronavirus pandemic. The bill, if allowed to pass in the Senate by four Republicans now blocking it, and if House Democrats can pass a similarly acceptable bill, will cost a record $2 trillion. That's half the size of the nation's annual $4 trillion annual federal budget, and many experts agree, there will need to be much more spending hereafter.

And yet, nobody --- not Republicans or Democrats in the Senate, House of Representatives or White House --- seems to be complaining that we don't have the money to pay for it, or that we must cut somewhere else or raise taxes to be able to afford it. It is as if, as our guest today, Stony Brook University Professor of Economics and leading authority on Modern Monetary Theory STEPHANIE KELTON notes, we are able to just "conjure into existence, in a matter of days, a couple of trillion dollars," enough money for the largest spending bill in the history of the country. And, as it turns out, she is right!

As Rep. Alexandria Ocasio-Cortez (D-NY) noted recently in response to the sudden disappearance of so-called "Deficit Hawks" on Capitol Hill: "It's actually a fascinating progressive moment, because what it's shown is that all of these issues have never been about 'how are you going to pay for it?' It's never been about whether we have the capacity to do these things. All of these excuses that we have been given as to why we can't treat people humanely have suddenly gone up in smoke. And what has been revealed is that all of these issues were really about a lack of political will and who you deemed worthy to be in an emergency or not."

Kelton, the former Chief Economist for the U.S. Senate Budget Committee, has been trying to make these points of late in Twitter threads, New York Times op-eds, and her upcoming book The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy. As she tells me today, "Congress will always find the funds to accomplish the things that it considers a priority. If that's tax cuts, then that's the priority, and the money will be there. If it's wars, that's the priority. If it's dealing with a global pandemic, then that suddenly becomes a priority."

She laments that Democrats, over months on the Presidential campaign trail, have not been able to educate the American public about these facts and how difficult it has now become --- after years of phony claims from politicians (of both parties) that the U.S. was going broke or that government should be run by the same fiscal rules that govern households and businesses --- "to disabuse people of these myths that we have heard from our politicians, pundits and reporters."

She argues "There is a time and a place for offsets. It's not a free lunch", but Bernie Sanders' call for "canceling $81 billion of medical debt is nothing. It's everything to the people who have medical debt. But from the perspective of the federal budget, it's practically a rounding error, it's so trivial. We could have done that and not offset it," she says. "The federal government's finances don't work like ours. They're not subject to the same constraints as a household or a private company. Once you get your head around that, a lot of other things follow."

"A year ago, could we have just done free college or Medicare For All or whatever? The answer is yes. Congress can write and pass any bill it chooses, period. The risk, though, is that if you don't include offsets, and you're simply authorizing these huge spending bills left and right, at some point you're going to eat up all of the fiscal space left in the economy. In other words, it's going to become inflationary. So there is a time and a place for offsets." That time, apparently, is not now, however. And she hopes that after this emergency finally passes, enough Americans will remember what happened here, how easy it was to "find" all the money when it was needed, to finally do away with the notion that endless wars and corporate subsidies and tax cuts for the wealthy are the only things we can afford to spend money on to "promote the general welfare" of the American people.

We discuss all of that and much more today, including details on what the proposed Phase III emergency coronavirus spending bill will and won't pay for, and the good news that America's Governors --- both Democratic and Republican --- seem to be rejecting our corrupt, man-child President when it comes to his dangerous coronavirus idiocy.

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Voting ground to a near halt on Super Tuesday in a number of states, most notably in major jurisdictions in Texas and California relying on electronic pollbooks and unverifiable computer touchscreen Ballot Marking Devices (BMDs). Who could have predicted it? Oh, yeah. We did. Over and over again on The BradCast. Not that many in the corporate media heeded our warnings. We know elections officials certainly didn't. [Audio link to show follows below.]

In Texas, the main problems seem to revolve around a lack of poll workers due to coronavirus fears and, most notably, a lack of voting machines for Democratic voters in many areas, since the Republican Party was unwilling to share their state-mandated even number of voting machines with voters from the other party. Obscene wait times as long as 6 or 7 hours to vote were reported in some locations in the Lone Star State.

In California, many counties did away with precinct based voting for the first time this year in favor of a Voting Center model. That meant that voters could cast their ballot at any of a smaller number of voting centers which took the place of community-based precincts. In Los Angeles County, for example, there were about 1,000 voting centers, compared with 5,000 precinct polling places in previous years. In order to accomplish this new paradigm, and allow voters same-day registration and party switching, computerized electronic pollbooks were used to check in voters. The systems check records against the state voter registration database in order to sign in voters before they can vote. But those computers had trouble in more than a dozen counties syncing up with the state database for some (still-unexplained) reason. That resulted in hours-long lines and voters forced to cast provisional ballots in many locations.

But the worst situation was undoubtedly in L.A. County, where a brand-new, 100% unverifiable, $300,000,000 touchscreen voting system manufactured by a company named Smartmatic was also deployed countywide for the first time. It did not go well. Voters across the nation's largest voting jurisdiction were stuck in two to four hour lines in many cases at voting centers where the e-pollbooks slowed down to a crawl and/or where BMDs failed to work, reportedly flipped votes, or had their paper ballot summaries become jammed in the new computer systems. A County spokesperson estimated on Tuesday that 20% of the new "Voting Solutions for All People" (VSAP) BMDs had failed. (By the way, that link to the main VSAP website at vsap.LAVote.net, singing its praises and listing its many partners who signed on to it, now appears to be down, even as the regular LAVote.net site seems to be working fine. A telling omen?)

As one Twitter listener quipped on Tuesday night: "#ShouldaListenedToBrad". (Anyone feel like making t-shirts for a fund raiser?)

We're joined today by two longtime L.A. County election workers, LARRY DILG and "DOUG", after their impossibly long days of service over this past week. We discuss what went wrong (and right) at their respective voting centers using L.A. County's new voting system --- ten years in development by Registrar-Recorder/County Clerk Dean Logan, and warned against for most of those years by yours truly, for many of the reasons which revealed themselves to all on Tuesday.

"I think we faced into the problems pretty well," Dilg tells me. "We had 25 machines in our room. The machines would sometimes stop working, or get quirky --- paper jams and stuff like that. I thought it went pretty well, actually, considering. The big thing I experienced was there were many more voters than we've ever seen in our center before."

"I think we had one or two machines that just were down for the count," he continued. "Other than that, it was almost like they got overloaded for awhile and needed a rest. We'd give them a rest, then reboot them, and they were back up and running." He pegged the failure rate at closer to 10% for the BMDs at his voting center.

"Doug" reports: "I had eight BMDs, and two of them broke, ultimately with paper jams, and I had to take them out of action. Smartmatic people came and fixed those two." For the record, while the VSAP systems were designed and supposedly owned by the County, they were manufactured by Smartmatic, a voting machine company with a dubious history. I was surprised to hear that their employees were here and allowed to directly service the machines mid-election, much less at all.

As to the e-pollbooks, "Doug" reports: "They seemed to get worse and worse, over time. The problem with them is that they have to re-sync periodically with headquarters in Norwalk, to update themselves so that they know who has voted and who hasn't voted. According to my worker, the machine was updating about every 15 minutes, so every 15 minutes, it was down for two or three minutes ... So the problem was this updating was taking quite a bit of a long time and it seemed to get worse and worse as more people voted. We only had two pollbooks at my location, and sometimes they were both updating at the same time, which meant that anybody you tried to process during that period had to vote with a provisional ballot."

While Doug is "concerned about the tally of the votes", Dilg, a self-identified "idealist" believes "it's a really good system", even with all of the problems revealed on Super Tuesday. "I have to say yesterday was a very positive experience because there were people doing good things, all around the room, and feeling good about being citizens in a democracy. That kind of civic experience is very different from a rally, and it's a beautiful experience." Both say they will work again as pollworkers, and urge others to do the same.

And, oh, yeah. We also discuss the reported results across the country from Super Tuesday, where Joe Biden stunned the pundits with many unexpected victories in 10 states, including in Texas and Elizabeth Warren's home state of Massachusetts (where she placed third according to computer-tallied results!) and where Bernie Sanders won four states, including the day's richest prize of California (presuming the many weeks of counting ahead in the Golden State don't result in a change to the current standings in its partial tallies).

Also, NYC's billionaire former Republican mayor Mike Bloomberg dropped out of the Democratic Presidential race and endorsed Joe Biden, after dumping half a billion dollars to win zero states. And Elizabeth Warren, the only other remaining candidate in the race to have won delegates, is reportedly assessing the outlook on how and if she will move forward in what now appears to be a two-man race for the Democratic nomination...

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IN TODAY'S RADIO REPORT: Billionaire climate activist Tom Steyer gets out of 2020 Presidential race; Coronavirus concern slams energy markets and cancels global conferences; China's air pollution dramatically decreases amid coronavirus measures; PLUS: Climate change cancels this year's "Firefall" in Yosemite National Park... All that and more in today's Green News Report!

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IN 'GREEN NEWS EXTRA' (see links below): Interior Dept. inks deal with water district tied to Interior Sec. Bernhardt; Tornadoes devastate Tennessee, killing at least 19; Green New Deal backers vs. Koch money in Texas; No, Trump, wind turbines are not 'rotting'; Coal miners are being "cheated"; Climate models are running red hot, and scientists don't know why yet; Trump White House rewrote EPA scientists' assessment on toxic chemical, and not in a good way... PLUS: How to prepare for the Coronavirus in the U.S., and why it is your civic duty to get ready... and much, MUCH more! ...

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IN TODAY'S RADIO REPORT: CBS News ignores the climate crisis in South Carolina Democratic debate, but candidates don't; JPMorgan economists warn climate change threatens human survival; Colorado River facing 'severe water shortages'; PLUS: Yet another refinery explodes, this time in Southern California... All that and more in today's Green News Report!

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IN 'GREEN NEWS EXTRA' (see links below): Tribal nation condemns 'desecration' to build border wall; Trump downplays Coronavirus risk; Dismantling Fred Hiatt's pro-oil, anti-Sanders climate op-ed; Climate change is pushing ocean currents poleward; New Interior rule would limit which scientific studies agency can consider; After Trump mocks proposed sea wall in New York, plan is abruptly shelved; Climate change, soaring flood insurance could trigger a mortgage crisis; Uber and Lyft are convenient and highly carbon-intensive ... PLUS: Brazil is cracking down on climate migrants while worsening the climate crisis... and much, MUCH more! ...