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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Over the past two and a half decades, The Daily Show on Comedy Central has arguably helped change the news landscape in America. Whether that's a good or bad thing is a question we discuss on today's BradCast with the show's co-creator and original head writer, as the seminal fake news shows recently turned 25 years old! [Audio link to full show is posted at end of this summary.]

But, first up, some quick news headlines on what appears to be a freshly booming economy, as the nation tries to climb out of its pandemic recession. That otherwise good news, unfortunately, is somewhat tempered by uncertainty as the Delta variant of the coronavirus continues to wreak havoc, mostly among the unvaccinated. New economic data this week also reveals that states with low vaccination and high infection rates are having a much harder time returning to pre-pandemic economic and job levels.

Also today, the Biden Administration announces one "final" extension of the moratorium on federal student loan payments, through the end of January next year. That, as Congressional Democrats from across the political spectrum, from Chuck Schumer to Elizabeth Warren to Ayanna Pressley, continue to push the President to simply cancel most of the $1.7 trillion dollars in federal student debt that would otherwise be spent by former students on the economy, buying homes, having children, etc.

Then, this past week, Comedy Central's beloved, long-running The Daily Show celebrated its 25th year on basic cable! How did they celebrate? By not being on the air at all, as the show's current host, Trevor Noah, after more than a year broadcasting the temporarily re-dubbed The Daily Social Distancing Show from his New York apartment, is enjoying a much-needed summer vacation until late September.

But that doesn't stop us from celebrating anyway! We're joined today by the always-delightful LIZZ WINSTEAD, co-creator, with Madeleine Smithberg, and former head writer of the satirical "news" show, to discuss its origin story and its broad affect on the national news-scape over the ensuing decades since its 1996 premier, as originally hosted by Craig Kilborn, followed by Jon Stewart, and now Noah.

From the shockingly easy way she and Smithberg were able to get the show on the air back in 1996, to its first bizarre week (before they had a live audience --- which I saw and loved and she hated!), to its various hosts over the years, thoughts on the bevy of stars who broke out from the show but never ended up hosting it, to how it has changed both the audience for news and the theoretically non-fake news outlets themselves, we take a much-needed pause today from another rough week to look back on the awesome satirical damage that Winstead has helped wrought.

"When people want to ask me about those origins," Winstead explains, "I think it's important, because a lot of people don't know that two women created the show, and they don't understand where it came from and how it came to be."

"When we launched, and this is important, there was only CNN," she says, citing how much of the show's early satire was to be aimed at local news and the many so-called "news magazine" that proliferated at the time. "MSNBC launched a couple of weeks after us, and then Fox launched that same year in October. An explosion of 24-hour news and how they had to keep up. And they did it poorly. I guess what I never counted on was that they would be so bad at their job that it would make us have so much to work with, follow the trends, and then throw those trends back in their faces."

"The satire and the fun really comes from not just throwing it back in their faces, but --- also adding to the comedy --- what are the results of all of this? You create a dumber electorate. You create an idiocracy. And we've seen that play out."

If so, it's hardly The Daily's fault. Winstead also responds to the critique, as some have argued, that too many young people ended up getting more of their news from The Daily Show than from real news sources. She rejects that notion, and tells me why.

Winstead, the Minneapolis native, who later went on to serve as Program Director of the now-defunct Air America Radio, where she also served as morning co-host with some lady named Rachel Maddow, also reflects on how topics and field pieces were chosen by The Daily's "correspondents" (a countless number of whom have moved on to their own wildly successful shows and movie careers.)

For so long, Americans were under the notion that we should "just ignore people who are lying, mean, or wrong or dumb," but that's "kind of why we are in this mess" now, she argues. "One of the things that 'Daily Show' tried to do constantly was say, 'Do not underestimate the stupidity of people, and do not underestimate the danger of that stupidity!' I think [the country] did, for years, and we are literally in the space we are now because we thought we could just close our eyes and ignore it, and it would go away."

Please tune in for much more from our conversation, including Winstead's thoughts and concerns on what has become her central focus now, even as she continues her work as a stand-up comedian, to help raise awareness and concern and action for her reproductive rights organization, Abortion Access Front. She founded the non-profit in 2015 and it is now, as she explains, facing the fight of all of our lives...

Finally, in our closing few minutes of the show today, we take the opportunity to respond to some listener mail, including from one listener who has a very good question about my oft-used reference to the importance of "independently verifiable" news and from another listener with some pretty serious "CRITICISM" of The BradCast...

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On today's BradCast, After a dizzying two weeks of damning testimony against Donald J. Trump in his ongoing impeachment inquiry in the U.S. House Intelligence Committee, we thought we'd check in on how the hours and hours (and hours) of public hearings might be playing in "real America", as they are reported back to the electorate on late night comedy shows --- where many Americans get all of their news.

Thus, we're happy to present today's BradCast 'Late-Nite' Comedy Impeachment Hearings Week-In-Review Special!, featuring testimony from key witnesses to Trump's Ukraine bribery scheme over the past two weeks, in clips (and songs!) from Seth Meyers, Stephen Colbert, Jimmy Kimmel, Samantha Bee and Trevor Noah!

There's just one thing that ya need to know: Trump said "Do us a favor, though!"

Enjoy!...

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Today on The BradCast...

"There is a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can't take part. You can't even passively take part! And you've got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you've got to make it stop! And you've got to indicate to the people who run it, to the people who own it --- that unless you're free, the machine will be prevented from working at all!"
- Mario Savio, 1964.

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