Tuesday, July 15, 2008

  • With Crises in Fuel, Food, Housing and Banking, What Gvt. Policies Are Being Pushed Through? Naomi Klein Reexamines "The Shock Doctrine"


    As the country and the world reel from crises ranging from skyrocketing oil prices and global food shortages to housing and climate change, how best to understand the government policies being pushed through? We spend the hour with Naomi Klein, author of The Shock Doctrine: The Rise of Disaster Capitalism. Klein also discusses Barack Obama’s economic advisory team, whom she calls "Obama’s Chicago Boys"; why she’s suing the US government for spying on journalists like her; as well as her recent trip to China, where she says the government is building a high-tech police state with the help of US military contractors. [includes rush transcript]

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Full News Hour


    Juan González on How Puerto Rico’s Economic "Death Spiral" is Tied to Legacy of Colonialism
    Could Puerto Rico become America’s Greece? That’s a question many are asking as the island faces a devastating financial crisis and a rapidly crumbling healthcare system. Puerto Rico owes $72 billion in debt. $355 million in debt payments are due December 1, but it increasingly looks like the U.S. territory may default on at least some of the debt. Congress has so far failed to act on an Obama administration proposal that includes extending bankruptcy protection to Puerto Rico and allocating more equitable Medicaid and Medicare...


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