August 7 - A Black Monday Tsunami?; Israelis Protest Living Costs; Rick Perry for a Prayerful President; Third Political Party - The Internet Candidate

Full Program

LISTEN TO FULL PROGRAM

Part 1

As European Central Bank and the G7 Finance Ministers hold emergency meetings, we begin with the possibility of a Black Monday, a financial tsunami cascading across overseas stock exchanges, a global crash which the ministers are attempting to prevent, before it reaches our shores. Economist Dean Baker joins us to explain who the Standard & Poors rating agency are, why they downgraded the U.S.’s credit rating, and how they have the power to do so and rattle world markets.

Part 2

We go to Israel where massive demonstrations are shaking the Netanyahu government in what some are describing as Israel’s Arab Spring. Gideon Levy, who writes for the Israeli newspaper Haaritz, joins us to assess how this youthful rebellion, which started as a tent city, has grown into a national protest movement.

Part 3

Then Dallas Morning News Senior Political Reporter Wayne Slater joins us. He covered Saturday’s political/religious revival meeting in Houston organized by Governor Rick Perry and a group of pastors, many from the New Apostolic Movement. We look into this new movement on the religious right as well as the growing possibility that Rick Perry will throw his ten gallon hat in the Republican presidential ring.

Part 4

Then finally we examine American’s Elect, a new Internet-powered Third Party that is silently sweeping the country and is poised to be on all 50 ballots in next year’s election. Third Party veteran organizer Kevin Zeese, who was Ralph Nader’s spokesperson for his 2004 presidential run, joins us to talk about the well-financed Americans Elect that will conduct virtual primaries in mid-2012 to elect a Third Party presidential candidate via the Internet.

 

August 4 - Tremors on Wall Street; Congress's Acceleration of the Economic Disaster; Are we Headed for Another Great Depression?

Audio

Full Program

LISTEN TO FULL PROGRAM  

Audio

Part 1

We begin with tremors on Wall Street upon the stock market dropping 500 points. We talk with former Wall Street banker William Cohan, who covers Wall Street for Fortune, Vanity Fair and the New York Times. He recently wrote the book Money and Power; How Goldman Sachs Came to Rule the World.

William Cohan

Audio

Part 2

Then, economist Randall Wray joins us for a macro-economic analysis of adverse economic trends at home and abroad amid dire predictions of a double-dip recession in the U.S. and defaults in Europe. We will try to connect the dots to see if we are indeed at a Smoot-Hawley moment where the Congress, instead of reversing economic decline, has accelerated it.

Audio

Part 3

Finally, historian Robert McElvaine, author of The Great Depression: America 1929-1941, joins us to explore further analogies between what happened to prolong the Great Depression and actions just taken on Capitol Hill that most analysts say will deepen and drag out the recession.

 

Robert McElvaine

 

August 3 - ALEC's Corporate Takeover of American Politics; The Double-dip Recession and Catastrophe in Spain and Italy; The Dispute at South Sudan's Northern Border

Audio

Full Program

 

LISTEN TO FULL PROGRAM

Audio

Part 1

First, we go to New Orleans where ALEC is meeting – that is the American Legislative Exchange Council, a corporate manufactured front group that is coordinating corporate-friendly legislation for passage in State Houses and the capitol. Lisa Graves, the Executive Director of the Center for Media and Democracy joins us. A blueprint of ALEC’s legislative onslaught of 800 bills was leaked to her, and we will discuss today’s gathering of corporate whores in the prostitution-friendly Big Easy.

Lisa Graves

Audio

Part 2

Then, we examine the darkening clouds of an impending perfect storm of economic calamity, as prominent Wall Streeters predict a double-dip recession and cascading municipal defaults while the bond markets slam Spain and impale Italy. David Ruccio, professor of economics at Notre Dame, joins us to discuss what looks like our Smoot-Hawley moment where, instead of rescuing the economy, the Congress has dug a grave for it.

David Ruccio

Audio

Part 3

Finally, Lako Tongun joins us. He recently returned from his native home of Southern Sudan, the world’s newest country, where UN peacekeepers have just been killed on the disputed northern border. We will get his analysis of how war can be avoided with the North, which has just ceded one third of its territory to the oil-rich south and is led by a General who has been indicted for genocide by the International Criminal Court.

Lako Tongun

 

August 2 - Ransom Paid in Debt Hoax; What White House Strategy?; The Unemployed; Syria is Bleeding

Audio

Full Program

Listen to Full Program

Audio

Part 1

We begin with Michael Lind, who has an article at Salon.com The Tea Party: The Debt Ceiling and White Southern Extremism. He believes the mainstream media have missed the story, portraying the Tea Party movement in ideological terms rather than regional terms. While Minnesota’s Michelle Bachman and Illinois’ Joe Walsh are the face of the party, the majority of its members in the House of Representatives are white Southern men.

Audio

Part 2

Then, James Carville joins us. He is a veteran political strategist who helped elect President Clinton twice and is a contributor to CNN. Having described the White House’s handling of the Republican-manufactured debt ceiling crisis as a rout from the beginning, James Carville offers up some optimism in terms of an election strategy for the Democrats in 2012. Now that John Boehner has proclaimed he got 98% of what he wanted out of the deal, its Boehner’s economy, and just like Harry Truman ran against a do-nothing Congress, Carville argues Obama should run against an all-cuts – no taxes on the billionaires – Boehner Congress. James Carville

Audio

Part 3

Then, we get an overseas perspective on how the recent, self-inflicted wound to America’s economy compares to the very real economic distress in Europe as the Greek crisis migrates to Spain and Italy. Amy Verdun, an expert on European politics at the University of Victoria in British Columbia joins us. Amy Verdun

Audio

Part 4

Then finally, now that a determined minority has set the economic course of the nation that is bound to inflict further pain on the many while continuing to reward the few, Jeff Madrick, the author of Age of Greed, joins us to assess the victory of greed over governance. Jeff Madrick

 

Aug 1 - Ransom Paid in Debt Hoax; What White House Strategy?; The Unemployed; Syria is Bleeding

Full Program

LISTEN TO FULL PROGRAM

Part 1

Christopher Jennings, who was senior health care advisor in the Clinton White House and is now director of the Bipartisan Policy Center’s health reform project joins us. He assesses what kind of hit healthcare will take in the cuts-only deal that ended the economic hostage crisis, at least in the short term.

Part 2

Michael Tomasky joins us. He is special correspondent for Newsweek and the Daily Beast, and we talk about strategy, or the lack thereof in the White House, that allowed a minority of Tea Party zealots to shape national policy, stall economic recovery and impoverish millions of Americans.

Part 3

Then we look into the part that was left out of the deal; that is, jobs and unemployment. Judith Conti with the National Employment Law Project joins us to discuss the likelihood of increasing joblessness and unemployment that will result from this deal and what impact that will have on next year’s elections.

Part 4

Then finally we turn to Syria, a country that is bleeding as the Assad regime turns tanks and artillery on its defenseless citizens.  Dr Muraf Jouejati, professor of Middle East Studies at the National Defense University joins us to discuss the Obama Administration’s lack of response to the regime’s outrages that will become even more brazen and brutal in the month of Ramadan ahead.