Egypt Election: Muslim Brotherhood Candidate Could Face...
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Michael Moore: Healthcare Bill "A Victory for Capitalism"
President Barack Obama is signing the main healthcare overhaul bill this morning at a White House ceremony. We speak with Academy Award-winning filmmaker Michael Moore. "The healthcare bill that was passed ultimately will be seen as a victory for capitalism," Moore says. "It protected the capitalist model of providing...March 23, 2010 | Story -
Nobel Economist Joseph Stiglitz on Obama’s Stimulus Plan, Debt, Climate Change, and "Freefall: America, Free Markets, and the Sinking of the World Economy"
As President Obama defends the success of his one-year-old $787 billion stimulus package, we speak to Nobel Prize-winning economist Joseph Stiglitz, who says the stimulus was both not big enough and too focused on tax cuts. Stiglitz is the author of the new book Freefall: America, Free Markets, and the Sinking of the World Economy...February 18, 2010 | Story -
Move Your Money: Project Urges People to Transfer Money Out of Nation’s Largest Banks Into Local Community Banks
Economist Robert Johnson, columnist Arianna Huffington and filmmaker Eugene Jarecki, among others, have come up with a new proposal that would allow ordinary people in this country to channel their anger over the Wall Street bailout while also helping invigorate community banking. We speak with Rob Johnson about Move Your Money....January 04, 2010 | Story -
Eliot Spitzer: Geithner, Bernanke "Complicit" in Financial Crisis and Should Go
In an extended interview, we speak with former New York governor Eliot Spitzer about the financial crisis and how it was handled by Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner. Bernanke and Geithner "actually built and participated in creating the structure that now has collapsed,"...December 04, 2009 | Story -
How Wall Street and Its Backers on Capitol Hill Silenced a Critic Calling for Greater Regulation of Derivatives
Last month, when the a subcommittee of the House Financial Services Committee held a hearing on the derivatives market, Robert Johnson was the only non-industry expert invited to speak. The former economist at the Senate Banking Committee and the Senate Budget Committee was invited just sixteen hours before the hearing. His testimony...November 02, 2009 | Story -
Slovenian Philosopher Slavoj Zizek on Capitalism, Healthcare, Latin American "Populism" and the "Farcical" Financial Crisis
Dubbed by the National Review as "the most dangerous political philosopher in the West" and the New York Times as "the Elvis of cultural theory," Slovenian philosopher and public intellectual Slavoj Žižek has written over fifty books on philosophy, psychoanalysis, theology, history and political theory....October 15, 2009 | Story -
Study: Foreclosure Crisis Worsened by Scarcity of Legal Assistance for Struggling Homeowners
A new study by the Brennan Center for Justice concludes the national foreclosure crisis is also "a legal crisis. Many homeowners are losing their homes because they lack the ability to navigate the landscape of our lending laws...and too few people are ever able to obtain qualified legal guidance." We speak to report...October 09, 2009 | Story -
A Hidden $34 Billion Bank Subsidy? Study Exposes How Taxpayers Are Subsidizing Bank of America, Citigroup, Wells Fargo and Other Large Banks
One of the key terms to come out of the nation’s economic meltdown has been "too big to fail." The government has funneled billions of dollars to large financial firms by arguing that their collapse would deal an irreparable blow to economic recovery. A new study has calculated the tab of the "too big to...October 06, 2009 | Story -
As Senate Panel Debates Public Option, Groups Take Direct Action to Promote Single Payer
As debate continues over healthcare reform on Capitol Hill, we hear from two groups taking action to call for a single-payer system: Mad As Hell Doctors, who have been driving across the country in the lead-up to a rally tomorrow in Washington, DC, and Mobilization for Health Care for All, which is launching "Patients Not Profit" sit-ins at insurance company offices nationwide. [includes...September 29, 2009 | Story -
After 20 Years of Filmmaking on US Injustices, Michael Moore Goes to the Source in "Capitalism: A Love Story"
Beginning with the 1989 classic Roger & Me, the Academy Award-winning director Michael Moore says his films "come back to this central core concern, which is the economic system we have is unfair, it’s unjust, it’s not democratic." With his new film, Capitalism: A Love Story, Moore tackles the financial system and the interchanging circles of Washington politicians and...September 24, 2009 | Story -
Ralph Nader on the G-20, Healthcare Reform, Mideast Talks and His First Work of Fiction, "Only the Super-Rich Can Save Us!"
As the United States prepares to host the Group of Twenty nations summit in Pittsburgh later this week, we speak with longtime consumer advocate, corporate critic, author and presidential candidate Ralph Nader. Nader discusses Congress’s failure to pass any meaningful financial reform on Wall Street over the past year and critiques Obama’s healthcare reform proposal. Ralph Nader also...September 21, 2009 | Story -
Philosopher Grace Lee Boggs and Sociologist, Monthly Review Editor John Bellamy Foster on the Financial Meltdown, Social Change and Redefining Democracy
While Wall Street appears to be recovering from the financial meltdown, Main Street has not. We speak to two guests who for decades have advocated for a radical rethinking of how the nation’s economy is structured: Grace Lee Boggs, a ninety-four-year-old Detroit-based philosopher and activist involved with the civil rights, Black Power, labor, environmental justice, and feminist movements...September 17, 2009 | Story -
Nomi Prins: "Obama Banking Too Much on Banks"
President Obama visited Wall Street Monday to promote a regulatory overhaul of the US financial system. The visit came on the one-year anniversary of the collapse of the investment bank Lehman Brothers. Lehman’s bankruptcy set off a series of events across the financial markets, leading to a full-scale economic meltdown. Speaking at Federal Hall, Obama promoted Democratic proposals for new...September 15, 2009 | Story -
Report: Taxpayers to Pay Subprime Players Billions to Fix Loan Mess
A new report by the Center for Public Integrity has found that any of the lenders that helped fuel the housing crisis by issuing risky subprime loans are now lining up to receive more than $21 billion in taxpayer money intended to help bail out borrowers. At least twenty-one out of the top twenty-five participants in the Making Home Affordable program specialized in servicing or originating subprime...August 28, 2009 | Story -
Former Wells Fargo Subprime Loan Officer: Bank Targeted Black Churches as Part of Predatory Subprime Lending Scheme
Up until two years ago, Elizabeth Jacobson was the top producing loan officer in the subprime division at Wells Fargo. Today she is speaking out against the practices of her former company. Earlier this summer, she filed a sworn affidavit with a federal court in support of the city of Baltimore’s lawsuit against Wells Fargo for pushing high-interest, subprime loans onto African Americans...August 28, 2009 | Story -
"From Recession to Depression: The Destruction of the Black Middle Class"
We speak with Dedrick Muhammad of the Institute for Policy Studies about his latest article with Barbara Ehrenreich called "The Destruction of the Black Middle Class." They write, "For African Americans — and to a large extent, Latinos — the recession is over. It occurred between 2000 and 2007...What’s happening now is a depression." [includes rush transcript]August 28, 2009 | Story -
"One Nation, Two Economies"–As Obama Nominates Bernanke to Second Term, a Look at Who Benefits from Economic "Recovery"
President Obama is nominating Federal Reserve Chair Ben Bernanke to a second term today because of his attempts to combat the financial crisis and the recession. Last week, Bernanke gave his most positive assessment of the economy yet, saying, "the prospects for a return to growth in the near term appear good." We speak with economist Max Fraad Wolff, who cuts through the numbers to expose...August 25, 2009 | Story -
Judge Sentences Madoff to 150 Years, But Will Regulatory System that Allowed Massive Financial Fraud Really Change?
Bernard Madoff, the convicted mastermind behind one of the biggest financial frauds in US history, was ordered Monday to serve 150 years in prison, the maximum sentence allowed. Madoff pleaded guilty in March to running a massive Ponzi scheme that defrauded investors of some $50 billion. Federal District Judge Denny Chin said it was important that the severity of the sentence serve as a deterrent...June 30, 2009 | Story -
Report: Goldman Sachs on Pace to Pay Out Record Bonuses this Year
The Guardian newspaper reports staff at Goldman Sachs can look forward to the biggest bonus payouts in the firm’s 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms. We speak to Nomi Prins, a former managing director for Goldman Sachs in New York, about the possible...June 22, 2009 | Story -
Ralph Nader and Labor Professor Harley Shaiken Discuss the Bankruptcy and Future of General Motors
Auto giant General Motors filed for Chapter 11 yesterday in one of the largest bankruptcy cases in US history. Shortly after the filing, GM said it would close fourteen more plants, including seven in Michigan, and cut up to 21,000 more jobs. More than 2,000 car dealerships will be shut down, as well. After the factory closings, GM will have fewer than 40,000 workers buildings cars in the United...June 02, 2009 | Story
Job Openings
Columns
By Amy Goodman with Denis Moynihan
Gen. John Allen, commander of U.S. Forces Afghanistan, spoke Wednesday at the Pentagon, four stars on each shoulder, his chest bedecked with medals. Unlike Allen, many decorated U.S. military veterans left the streets of Chicago after the NATO summit without their medals.
Web Exclusives
In an extended interview, David Bronner, president of Dr. Bronner’s Magic Soaps, discusses the history of the company, why they put sustainability and social justice ahead of profits, the organic and GMO labeling movements, the U.S. war on hemp, and why they refuse to sell out. [includes rush transcript]
Human Rights Watch’s Kenneth Roth examines why the U.S. has not pressured Bahrain to release pro-democracy activists. He also discusses Syria and the conditions in Israeli jails and courts that prompted 1,550 Palestinian prisoners to go on a hunger strike. [includes rush transcript]
