The Majority Report with Sam Seder

Good morning, journalist Christopher Leonard joins Sam to discuss his new book The Secret History of Koch Industries and Corporate Power in America. Join us at noon ET. Leonard's latest work has received high praise from leading journalists like Jane Mayer and Bryan Burrough because of its exhaustive research into the Koch's incredible private business network that exists across all planes of American life. Leonard explains how the Koch's business portfolio and its commodity research put the family business in the middle of all American life, from the things we buy to the government that legislates our society. Sam and Leonard explore the contradictions at the heart of the Koch family's libertarian philosophies, where the Kochs are the entrenched status-quo benefiting from government environmental policies and government subsidies which allow their oil refineries to thrive. Another foundational element of the Koch Brothers success is its status as a private company. Charles Koch never needed to answer to shareholders and could reinvest profits into the company, buy competitors, and enter new industries essential to American consumers. Sam and Leonard conclude their discussion examining the anti-union practices designed by Koch Industries and how those methods have increased worker productivity and reduced real wages over the past three decades. Looking towards the post-Charles Koch Industries, Leonard believes the future is still uncertain. While Charles' son Chase seems groomed for the next generation of Koch leadership, Leonard also thinks Charles' thinking has been embedded in the company's culture and will live on well after the longtime CEO's death. 

And in the Fun Half: CBP and USCIS test a border shutdown scenario with Bahaman refugees, Mike Pompeo threatens Taliban with war, Ben Shapiro says we can't make policy because of personal or moral failings, the case for reparations in 2019, the latest polls and reading the tea leaves of Biden's campaign, the popularity of the Green New Deal, what the next recession might look like, Pam Anderson explains her support for Julian Assange on The View, Elizabeth Warren pivots away from questions about her foreign policy and military budget votes, Mark Sanford thinks conservatives will vote for him in a 2020 GOP primary because of the deficit, a gun goes off outside an Alabama HS football game and we're freer than ever, plus your calls and IMs!

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Direct download: 9-9-19-Christopher_Leonard-pub.mp3
Category:general -- posted at: 3:54pm EDT

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The US Air Force admits their crews have been staying a Trump's struggling Scottish resort a lot more since he became president.

Meanwhile, Corey Lewandowski is set to become the first Trump associate to have a public hearing with House Judiciary Committee.

And lastly, Hong Kong warns the United States Congress to stay out of their affairs after thousands of demonstrators march on the U.S. Consulate on Sunday to appeal for support from Washington.


Former South Carolina Gov. Mark Sanford formally announced his bid to challenge President Donald Trump for the White House on Sunday. He faces long odds in a fractured Republican Party.

CNBC reports that JPMorgan has created an index to track and quantify Trump’s tweets and their impact on bond volatility and the financial market.

Reuters is reporting that nearly a week after Hurricane Dorian made landfall, some 70,000 people are in need of food and shelter. Private forecasters estimated that some $3 billion in insured property was destroyed or damaged in the Caribbean.

And lastly, a Texas man was arrested in New York City on Saturday after he attacked the famous Wall Street bull with homemade banjo while screaming 'Fuck Donald Trump,' leaving a hole in its horn.

Direct download: 090919_AM_QUICKIE.mp3
Category: -- posted at: 9:02am EDT