4 chapters across the catalog
Social Security Obligations, Jack Cashill, Medicare
Author Jack Cashill discusses the unfunded obligations of Social Security and Medicare. He suggests that by the year 2030, recipients may only receive 76 cents for every dollar promised, leading to a discussion about the impact of the aging baby boomer generation on the system.
The hosts review a list of community-driven No Agenda projects, including art galleries, proxies, and mobile apps. They introduce three new books for the "No Agenda Book Club": Jason Matera's "Obama Zombies," Matthew Crawford's "Shop Class as Soulcraft," and Jack Cashill's "Popes and Bankers." They emphasize the importance of listener-supported media in a landscape of corporate consolidation.
Jack Cashill on Acorn and Housing Market Demolition
Author Jack Cashill discusses the history of ACORN and its role in the housing market, citing a 1992 New York Times article that celebrated the organization's efforts to secure mortgages for people with no credit history. Cashill argues that the current financial crisis was a "planned demolition" of the housing market. He also notes the shifting media definition of "dissent" from patriotic to racist.
In a concluding segment, Jack Cashill traces the decline of U.S. home ownership rates to the rise of no-fault divorce in California starting in 1969. He argues that the Clinton administration ignored the breakdown of the nuclear family as the root cause of housing instability, choosing instead to blame racism in lending. Cashill posits that the subprime crisis was the result of pushing home ownership on single-parent households that could not financially sustain them.
