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Sloppy Numbers

July 12, 2022


Chicago attorney, Brendan Cournane, leads off discussing the value of the dollar, frustrations over a stagnant median income while cost of living rises, the increasing financial burden and difficulties receiving healthcare, concealed carry classes and policies, and the White Sox. Wayne Madsen of Wayne Madsen Report is back this morning to talk about the income-inflation ratio. Westminster Professor of Economics, Dr. Hal Snarr, closes the show to speak on what defines a recession, inaccuracies in the unemployment and labor market rates, the housing market, consumer spending patterns in response to inflation numbers, cryptocurrency, and much more.

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Guests & Co-Hosts

BRENDAN COURNANE

Brendan Cournane co-hosts the Stocks & Jocks show every Monday morning. He is also a public finance attorney licensed in both Illinois and Arizona. He has practiced law for more than 35 years acting primarily as counsel to issuers of municipal debt (bond counsel, underwriters’ counsel, bank counsel and special counsel). He has served in both the private and the public sectors, having been a partner in major U.S. law firms and as in-house counsel to such entities as the City of Chicago and Chicago Public Schools, as well as General Counsel to the Illinois Finance Authority, one of the nation’s largest issuers of conduit municipal bonds.

WAYNE MADSEN

Wayne Madsen is a Washington, DC-based investigative journalist, author and columnist. He has written for The Village Voice, The Progressive, Counterpunch, Online Journal, CorpWatch, Multinational Monitor, News Insider, In These Times, and The American Conservative. His columns have appeared in The Miami Herald, Houston Chronicle, Philadelphia Inquirer, Columbus Dispatch, Sacramento Bee, and Atlanta Journal-Constitution, among others.

Madsen has been a regular contributor on RT and PressTV. He has been a frequent political and national security commentator on Fox News and has also appeared on ABC, NBC, CBS, PBS, CNN, BBC, Al Jazeera, and MS-NBC. Madsen has taken on Bill O’Reilly and Sean Hannity on their television shows.  He has been invited to testify as a witness before the US House of Representatives, the UN Criminal Tribunal for Rwanda, and a terrorism investigation judicial inquiry of the French government.

Madsen has some thirty-five years experience in security issues. As a U.S. Naval Officer, he managed one of the first computer security programs for the U.S. Navy. He subsequently worked for the National Security Agency, the Naval Data Automation Command, Department of State, RCA Corporation, and Computer Sciences Corporation. Madsen was a Senior Fellow for the Electronic Privacy Information Center (EPIC), a privacy public advocacy organization.

Mr. Madsen is a member of the National Press Club.

DR. HAL SNARR

Dr. Snarr currently teaches business quantitative methods courses, money and banking, macroeconomic principles and MBA economics and data analysis. He has taught a variety of other courses at Idaho State University, Washington State University, Duke University and North Carolina A&T State University, including college algebra, microeconomic principles, macroeconomic principles, sports economics, intermediate microeconomic theory, elementary business statistics, advanced business statistics, labor economics, mathematical economics, econometrics, money and banking and calculus-based microeconomics.

Snarr enjoys being in the classroom, experimenting with innovative teaching techniques, producing instructional YouTube videos for his highly regarded channel, The Snarr Institute, conducting & publishing research articles, and writing articles for periodicals like the Mises Daily.

Snarr is an active scholar who follows the advice of Mark Twain and Jennifer Egan: “write what you know” or “what you are curious to find out.” He studies the effects of government policy on employment, migration, fertility and participation in public assistance programs. He is skilled at Stata, and uses it to construct panel datasets from the Current Population Survey and policy variables that he codes from various public sources. Snarr recently published his 14th peer-reviewed article, two macroeconomic books, an article in the Mises Daily, and is finishing two books on labor economics. He enjoys sharing his research findings, insights, and policy recommendations in community forums, and newspaper and radio interviews. Snarr is known as Shooting Snarr on Chicago’s Stocks and Jocks morning talk radio show.