Unf*cking The Republic

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Unf*cking The Republic® (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.

  1. vor 1 Std.

    On The Record (08-18-26).

    This week we named what’s actually happening to the American economy—Corporate Colonialism, the full realization of the Powell Memo’s 50-year project to hand the keys of democracy to the boardroom—and made the case that the real fight isn’t Trump, it’s the day after Trump. Then we got into the AI financing structures that are starting to look uncomfortably familiar: shell companies, off-balance-sheet guarantees, and phantom liabilities that only become real when everything goes wrong at once. If you get 2007 vibes, you’re paying attention. Chapters Intro: 00:00:38 Housekeeping: 00:01:28 Quick Takes: 00:02:31 Max Notes: 00:06:33 Killer Left Take of the Week: 00:15:17 Chart of the Week: 00:16:57 Outro: 00:22:47 Resources Reuters: US retail sales slump unexpectedly and sharply after a summer tax-refund boost fades AARP: July 2026 Employment Data Digest The Guardian: US navy veterans and military health experts express concern over USS Abraham Lincoln sailors CNBC: AOC says she’s been saving up to freeze her eggs. Here’s how much the procedure can cost npr: ICE plans to outfit officers with electric shock gloves Truthout: Jeffries Says He Opposes Medicare for All — Which Would Save 114k Lives Yearly Great Memos: The Powell Memorandum More Perfect Union: We Tracked the Private Jets Your Insurance Premium Paid For Bloomberg: Bond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies UNFTR Resources Video: On The Record 08-18-26 (The AI Bubble is About to Burst | Corporate Control of Trump.) Essay: Trump’s Corporate Masters. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  2. vor 6 Tagen

    Omnibus (08-11-26).

    Max and 99 are back in action, (though IRL, Max is still on vacay!). They hit headlines on MAHA’s fault lines, Flock cameras tracking cars, the world’s most prolific Wikipedia editor, and OpenAI flying influencers to a luxury nature retreat. Then they tackle listener emails on the difference between socialism/communism/and fascism, and an Elon musk sycophant. Enjoy! Chapters Intro: 00:00:33 Headlines: 00:18:18 Emails: 01:07:48 Feature: 01:26:43 Memberships: 01:35:32 Outro: 01:36:30 Resources Mark Curry: Sorry About The Weather The Independent: Women’s historic pro baseball game anthem goes viral for all the wrong reasons The Baffler: Overmedicalization and Its Discontents Business Insider: Flock cameras are everywhere. Here’s how they track cars. 404 Media: Cops Used Flock to Track a Man Across State Lines to Create Pretext to Search His Car for Weed 404 Media: LAPD Regularly Pulled Over Innocent People Because License Plate Readers Flagged Their Cars As Stolen 404 Media: Cops Keep Getting Arrested for Using Flock to Stalk People 404 Media: Wildlife Conservation Police Are Searching Thousands of Flock Cameras for ICE 404 Media: Cop Used Flock to Wrongfully Accuse a Woman Then Refused to Look at Evidence That Exonerated Her, Body Camera Shows 404 Media: Cops Used Flock to Monitor No Kings Protests Around the Country New Yorker: The Accidental Architect of the Internet’s Brain Fast Company: Influencers are being dragged for indulging in a luxury New York nature retreat on OpenAI’s dime The Wall Street Journal: Google Was a Lifeline for Publishers. Now Some Are Thinking of Cutting It Off. Social Media Today: Meta still has widest social media reach Inc.: 55 Percent of Leaders Regret AI Layoffs—and a Major Hiring Reversal Has Begun Book Love Cory Doctorow: Enshittification: Why Everything Suddenly Got Worse and What to Do About It -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  3. 7. Aug.

    The Great Unwind.

    The AI trade might have found its canary in the coal mine. Leopold Aschenbrenner—a 25-year-old former OpenAI researcher built Situational Awareness into one of the hottest funds on Wall Street by betting long on the construction and infrastructure side of AI (Micron, CoreWeave) and short on the chips and software everyone else was chasing (Nvidia, Broadcom, Oracle). Then July happened, prime brokers made margin calls, and his entire public stock book got liquidated overnight in a single block trade. This episode uses that blowup as the lens for a much bigger story: how a three-quarters-of-a-trillion-dollar hyperscaler spending pledge is propping up U.S. GDP growth, why OpenAI just quietly cut prices as “tokenmaxxing” dies and Chinese labs undercut on cost, why Mark Zuckerberg picked a fight with OpenAI and Anthropic, how overleveraged Oracle has become, how the most profitable companies in the world are posting negative free cash flow, why hyperscaler bonds are going undersubscribed, and why the length of this year’s tech bond issuance is starting to crowd out the rest of the corporate debt market. It closes with the 2008 parallel: mortgage-backed securities stacked into CDOs stacked into synthetic swaps, and how today’s version runs through corporate bonds, CLOs, hedge fund leverage, and private credit—with Treasuries as the eventual exit ramp when the unwind accelerates. Resources Analysis Atlas: Hyperscaler AI Capex 2026: The $710 Billion Year Inside the Four Spenders J.P. Morgan Asset Management: How AI demand and capex shape investing in tech stocks New York Times: U.S. Economy Slows as Inflation Bites U.S. Bureau of Economic Analysis (BEA): GDP (Advance Estimate), 2nd Quarter 2026 CNBC: OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs Business Insider: The All-You-Can-Eat AI Era Is Over. It’s Time to Count Calories CNBC: Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge The New York Times: Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I. CNBC: Meta’s flurry of AI initiatives this month hasn’t helped lift the stock. What will? The Hill: Zuckerberg knocks AI development centralization, control Buttondown: D.A.D.: Zuckerberg Blasts Anthropic and OpenAI for “Centralizing” AI Power Reuters: AI investment boom puts Big Tech’s free cash flow under pressure CNBC: Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won’t survive Yahoo! Finance: NVIDIA’s rising CDS the talk of Wall Street amid circular financing fears Bloomberg: Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly CNBC: Fed meeting recap: Warsh says Fed won’t hesitate to stop inflation, but bond market has doubts CNN: AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say Yahoo! Finance: Hyperscalers Hit $700 Billion in 2026 AI Spending Plans - 24/7 Wall St. Global Finance Magazine: AI’s Financial Circle Game Reuters: Hyperscaler debt binge pushes yields up as investor demand cools UNFTR Resources Video: Situational Awareness: How a 25-Year-Old's Hedge Fund Exposed the Entire AI Bubble. Essay: The Great Unwind. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  4. 4. Aug.

    Slow Moving Disasters: Climate Change, Artificial Intelligence and The Democratic Party.

    This is one of those, get it off the chest episodes. A straightforward conversation about three slow moving disasters that threaten our way of life. Climate change, artificial intelligence and the Democratic Party. Obviously, that last one requires a bit of an explanation. This is that explanation. Resources United States Courts: Bankruptcies Rise 12.2 Percent Book Love Abdul El-Sayed + Micah Johnson: Medicare for All: A Citizen's Guide UNFTR Resources Video: Climate Change, AI and The DNC | Man-Made Disasters. Essay: Slow Moving Disasters. Episode: Climate Action. Episode: The Montreal Protocol. Progressive Spotlight: Abdul El-Sayed. Episode: Medicare for All. Series: The Clinton Years. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  5. 4. Aug.

    On The Record (08-04-26).

    This week we went deep on debt—all $72 trillion of it—and made the case that the bond market is the real economy, that the Fed has already lost control of the entire curve, and that when the AI trade unwinds, the flood into Treasuries won’t save anyone the way the textbook says it should. Then we watched Japan demonstrate in real time what happens when you don’t have the exorbitant privilege of issuing the world’s reserve currency. A 40-year low for the yen, Japan spending $87 billion in two days trying to hold it together, and the U.S. quietly intervening not out of friendship, but because Japan’s dumping Treasuries would torch our bond market at the worst possible moment. Chapters Intro: 00:00:38 Quick Takes: 00:01:33 Max Notes: 00:07:34 Killer Left Take of the Week: 00:24:44 Chart of the Week: 00:27:02 Headlines: 00:30:56 Outro: 00:32:23 Resources Fox News: Carville vows to FLEE Dem Party over Hasan Piker: ‘Out of here’ Forbes Breaking News: Trump Gives Update On Talks With Iran Forbes Breaking News: Sparks Fly When RFK Jr. Is Pressed On Vaccines, Pandemic Prevention During CNN Interview NBC News: Trump: Jeanine Pirro ‘made a mistake’ dropping Reflecting Pool vandalism case The Thomas Crown Affair CNBC: AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say Federal Reserve Bank of New York: Household Debt and Credit Report (Q1 2026) Board of Governors of the Federal Reserve System: Financial Accounts of the United States - Z.1 FiscalData: What is the national debt? SIFMA: US Treasury Securities Statistics Fortune: U.S. national debt officially hits $39 trillion—adding approximately $5 billion a day since October Nippon: Japan Govt Worsens Debt-to-GDP Ratio Estimate for FY 2026 Financial Stability Board: Report on Vulnerabilities in Private Credit Board of Governors of the Federal Reserve System: Implementation Note issued June 17, 2026 U.S. Department of the Treasury: Daily Treasury Rates TFTC: Treasury Sells $139B in Polar-Opposite Auctions: 2Y Soars, 5Y Craters MS Now: ‘Don’t be surprised when this gets kind of ugly’: El-Sayed on hotly contested MI Senate primary Bloomberg Television: Trump Revives Hopes for Iran Deal, Oil Sinks | Insight with Haslinda Amin 8/03/2026 Bloomberg: Why Japan Is Propping Up the Yen With US Help Bloomberg: BOJ Data Point to $34 Billion Japan FX Intervention Friday MacroMicro: World - Major Economies’ Holdings of US Debt The Japan Times: Yen carry trade is a ‘ticking time bomb,’ warns BCA research Forever Wars: The Markets Matter For War—You Don’t The American Prospect: The AI Bailout Could Be Baked Into the AI Bubble Jacobin: Centrist Democrats Keep Making Awful Health Reform Proposals UNFTR Resources Video: On The Record 08-04-26 (The Yen Bailout, RFK Jr. Fail, and the $72 Trillion Debt.) Essay: The $72 Trillion Debt Problem. Video: Situational Awareness: How a 25-Year-Old’s Hedge Fund Exposed the Entire AI Bubble. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  6. 3. Aug.

    Omnibus (08-03-26).

    Max and 99 are back again! They dive into headlines on school choice draining public education, a for-profit hospital disaster, young adults moving back home in record numbers, and nonprofits positioning themselves for the IPO windfall. Then they tackle listener emails on teaching the New Deal, the royal “we” of collective blame, and how not to hate Republicans. Enjoy! Chapters Intro: 00:00:31 Headlines: 00:05:14 Emails: 00:46:02 Beyond the B******t: 01:13:07 Memberships: 01:15:02 Outro: 01:15:14 Resources Robyn Hitchcock & The Egyptians: Balloon Man The Progressive: ‘School Choice’ Does Not Provide Better Education for All Families Mother Jones: A For-Profit Hospital Slashed Costs. Then a Patient Froze to Death on Its Roof. New Yorker: The Kids Are Kind of All Right Wired: Silicon Valley’s Next IPO Billionaires Are Coming. Nonprofits Are Ready for Them UNFTR Resources Series: Education. Video: Climate Change, AI and The DNC | Man-Made Disasters. Read: How Private Equity Is Hollowing Out America’s Hospitals Series: The Clinton Years. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  7. 29. Juli

    On The Record (07-28-26).

    This week we dug into the Maduro kidnapping as the entry point for something much bigger—the Cold War racism and corporate vengeance that has driven U.S. Policy toward Venezuela for decades, why there has never actually been a socialist government anywhere on earth, and why the American left needs to get its definitions straight before the right keeps winning that argument by default. Then we checked back in on AI concentration risk, where the hyperscalers are now issuing long-dated debt at spreads approaching junk bond territory, which tells you what the market actually thinks about pinning the entire economy on a technology nobody has fully defined yet. Chapters Intro: 00:00:38 Quick Takes: 00:01:49 Max Notes: 00:09:36 Killer Left Take of the Week: 00:28:31 Chart of the Week: 00:31:25 Headlines: 00:33:28 Resources The Economist: An interview with Elon Musk The Economist: Elon Musk on AI: humans will no longer be in control in ten years LastWeekTonight: Trump & Crypto Molly White Diario AS: Trump’s Top 10 Jokes at the White House Correspondents’ Dinner CNBC Television: ‘Big Short’ investor Steve Eisman: Market will have ‘a big correction’ if AI doesn’t succeed Amnesty International: Facts and figures: Regularization and protection of Venezuelan nationals in Colombia, Ecuador, Peru and Chile Migration Policy Institute: Venezuelan Immigrants in the United States USA Today: Harris’ border work was on ‘root causes’ of migration; she wasn’t in charge | Fact check GDN Online: Venezuela to sell up to 10% of shares in some state companies - Maduro Reuters: Exxon awarded $908 million in Venezuela dispute The New York Times: How Marco Rubio Is Running Venezuela From Afar The Real News Network: US provides $300 million in earthquake recovery money to Venezuela while sitting on $8 billion in stolen oil wealth The New York Times: With $8 Billion in Venezuelan Oil Money, U.S. Gives $300 Million in Quake Aid Euro News: Venezuela calls for release of frozen assets to help earthquake recovery efforts Current Affairs: Socialists Humiliate Clueless NewsNation Host Bloomberg: Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly Jacobin: The Cockroach Protests Are Reviving India’s Ailing Democracy The Progressive: Heat Waves Show Climate Change Is Here Truthdig: The Monty Python Election: Binface vs. Mr. Brexit Book Love Anderson M Bean: Venezuela in Crisis: Socialist Perspectives UNFTR Resources Video: On The Record 7-28-26 (Crushing Venezuela | Trump Bombs | Elon Blows | Socialism.) Essay: Socialism. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

  8. 24. Juli

    Trump and the Black Jelly Bean Theory: CLOs Echo the MBS Fiasco from the GFC.

    The New York Fed released a troubling report detailing the risk of Collateralized Loan Obligation (CLO) exposure in the insurance industry. Over the past several years, private equity has taken larger and larger stakes in insurers who are historically risk averse. But now they’re acting more like hedge funds in their investment strategies and have more than $2 trillion in corporate debt exposure and nearly $300 billion of it is in mezzanine financing packaged much in the way mortgage backed securities (MBS) were in the run up to the Global Financial Crisis (GFC). Against the backdrop of persistent inflation, a renewed round of tariffs, elevated oil prices, the war in Iran and historic consumer debt, the economy is like a tinderbox. The jelly bean theory holds that you can only reach into the jar so many times before you eventually pick the black jelly bean. Apologies in advance to all those who like black licorice flavored jelly beans. Resources Bloomberg: Oil Takes Out $100 to Hit Two-Month High as Iran War Expands Reuters: Trump to impose ‘forced labor’ duties on Friday as temporary 10% US tariffs expire The New York Times: What to Know About Trump’s Tariffs on Canada, and What’s Next Brookings: Macroeconomic implications of immigration flows in 2025 and 2026: January 2026 update Bloomberg: The US Is Flirting With Its First-Ever Population Decline The New York Times: Alphabet Quadruples Profit to $112 Billion, Fueled by A.I. Investments CNBC: See how much prices have increased since 2020 — in one chart Bloomberg: Long Bonds Are Ringing a 2008 Alarm Bell New York Fed: Insurance Companies and the Growth of Corporate Loans’ Securitization Investopedia: Nationally Recognized Statistical Ratings Organization (NRSRO) Definition The DESK: Rules & Ratings: Ratings agencies spar in private ratings legitimacy debacle UNFTR Resources Video: Trump is Running Us Off a Cliff | CLOs Echo the Global Financial Crisis. Episode: Is Private Credit the Pin That Pops the Bubble? Essay: Trump and the Black Jelly Bean Theory. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.

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Unf*cking The Republic® (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.

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  • Erstellt von
    UNFTR Media
  • Jahre aktiv
    2020 - 2026
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    441
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