Jamarlin returns for a new season of the GHOGH podcast to discuss Bitcoin, bubbles, and Biden. He talks about the risk factors for Bitcoin as an investment asset including origin risk, speculative market structure, regulatory, and environment. Are broader financial markets in a massive speculative bubble? And what is the bubble indicator used by JFK’s father, Joseph Kennedy, who dumped all his stocks before the 1929 crash? This episode also covers expectations for Joe Biden and why Black America should have low ones, based on the structural orientation of his cabinet.
Jamarlin makes the case for why this is a multi-factor rebellion vs. just protests about George Floyd. He discusses the Democratic Party’s sneaky relationship with the police in cities and states under Dem control, and why Joe Biden is a cop and the Steve Jobs of mass incarceration. He unpacks the idea that the political interest rate of Black America is high like a cash advance store because of a lack of good options. This episode also shows how big shocks such as the rise of MAGA, covid-19 and the multi-factor rebellion speak to things weak and conflicted leaders can’t, which is beautiful as we want the truth to rise to the surface.
Part 2. J Edgar Hoover, the first director of the FBI, may not be around but his energy is present in new Black politics. FBI agents and informants were used to weaken Marcus Garvey, the Nation of Islam and the Black Panthers — in many cases for money and career advancement. How could this energy metastasize into the “New Blacks” politics in 2020? Jamarlin goes solo to discuss who is doing the trading and what is being traded to weaken the aggregate Black political position.
Part 1. Jamarlin Martin discusses how J. Edgar Hoover’s goal to water down and neutralize strong Black politics involved informants and agents trading money and status for the water-down. How did Black American politics become so corporate, elitist and pro-status quo? Have the mind and values of the traditional informant been injected into the Black political bloodstream? Jamarlin discusses Pharrell Williams’ term, the “new Black,” that ignores race and how he partnered with the Israel Defense Forces. Jamarlin also discusses how COVID-19 is going to fix the new Black bubble and pop it, for the good.