Loud & Clear

On today's episode of Loud & Clear, Brian Becker and John Kiriakou are joined by financial policy analyst Daniel Sankey and Steve Keen, the author of “Debunking Economics” and the world’s first crowdfunded economist.The stock market yesterday had its largest intraday point drop ever, despite strong economic data that was released last week. What accounts for this volatility? The hosts look at the underlying reasons.An internal audit of the Defense Logistics Agency by the Big Four accounting firm of Ernst & Young found that the Pentagon failed to keep track of nearly $800 million that it now cannot account for. The auditors said, across the board, the agency’s financial leadership is so weak that it is simply unable to account for its money. Lawrence Korb, a senior fellow at the Center for American Progress, a senior adviser to the Center for Defense Information, and former Assistant Secretary of Defense during the Reagan Administration, joins the show.A British court has upheld an arrest warrant for W