Thursday, March 19, 2009

  • "Perp Walks Instead of Bonuses": Veteran Journalist Robert Scheer on AIG Bonuses, the "Backdoor Bailout" and Why Obama Should Fire Geithner, Summers

    Liddy-hearing-web

    Appearing on Capitol Hill, AIG CEO Edward Liddy was repeatedly questioned over why the failed insurance giant is paying out over $165 million in bonuses after it received a $170 billion taxpayer bailout. While the Obama administration is expressing outrage, more details have come to light indicating that some officials have known about the bonuses for months. Meanwhile, little attention has been paid to what might be a bigger scandal: AIG’s funneling of tens of billions of dollars in taxpayer bailout money to other banks. We speak to veteran journalist and Truthdig editor Robert Scheer, author of the forthcoming The Great American Stickup: Greedy Bankers and the Politicians Who Love Them. [includes rush transcript]

  • As Economy Reels, Tariq Ali Calls for "Reimagining Socialism"

    Trader-web

    The British author Tariq Ali weighs in on the economic crisis with an appeal to reject the taboos on discussing socialism in the United States. Ali says the popular movements in South America provide a model for US activists to follow in pushing for changes such as socialized healthcare. [includes rush transcript]

  • Tariq Ali on a People’s Victory in Pakistan, Obama’s Escalation of Afghanistan War, and 6 Years of US Occupation in Iraq

    Tariq-ali-web

    Pakistani British author Tariq Ali, author of the The Duel: Pakistan on the Flight Path of American Power, reacts to the Pakistani government’s reinstatement of dismissed Supreme Court Chief Justice Iftikhar Chaudhry following massive public outcry. Ali also talks about what he calls President Obama’s "inexplicable" expansion of the US occupation of Afghanistan and reflects on the sixth anniversary of the US invasion of Iraq. [includes rush transcript]