October 7 - Complacency on Wall Street as U.S. Default Looms; The 12th Year of the U.S. and NATO in Afghanistan Begins

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Full Program

LISTEN TO FULL PROGRAM  

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Part 1

We begin with the growing concern on Wall Street that the Republican House will default on the debt of the United States for the first time in the nation’s history and discuss the consequences for the global financial markets, the U.S. and the world’s economies with former banker now financial reporter William Cohan, a contributing editor at Vanity Fair and the author of “Money and Power: How Goldman Sachs Came to Rule the World”.

 

william cohan

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Part 2

Then with the passing of the 12th year mark of the U.S. and NATO war in Afghanistan we discuss this broken country at a time when our government is broken with former Marine and State Department official Matthew Hoh who in 2009 resigned in protest over U.S. strategic policy and goals in Afghanistan. With President Karzai blaming NATO for not securing his nation and bringing “great suffering” and with Karzai’s brother, a pedophile, a warlord and the mentor of the 9/11 mastermind running to succeed Karzai, we will look into Afghanistan’s uncertain future.

matthew hoh

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Part 3

Then finally, with Tuesday’s arrival of the much-delayed new $100 dollar bill, we discuss why the world’s favorite currency, two thirds of which circulates abroad and is continually counterfeited, has been so long in coming and whether the new bill that uses long-available technology making it harder to counterfeit, will save the Treasury the billions lost every year to counterfeiters. Dr. Benjamin Mazzotta, a researcher at the Center for Emerging Market Enterprises at the Fletcher School of Law And Diplomacy at Tufts University joins us to shatter the myth that cash is free of cost. 

ben mazzotta