July 20 - The Greek Debt Crisis; Selling out Medicare?; The Too Big to Fail Media Tycoon.

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Full Program

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Part 1

Matias Vernengo, a professor of Economics at the University of Utah, who is in Geneva working with the United Nations Development Program, joins us to talk about the Greek debt crisis that has the leaders of France and Germany huddled in Berlin trying to avert a default that is all but inevitable. We discuss whether it will be an orderly default or a disorderly one that could drag down the Eurozone with it. 

Part 2

We talk about the fate of Medicare that is apparently a key part of the President’s compromise with the Republicans in both the big 4 trillion dollar deal he wants and the 3.7 trillion deal the so-called "Gang of Six" Senators are calling for. Ethan Rome joins us.  He is the Executive Director of Healthcare For America Now, a public interest group defending the much maligned Healthcare Reform bill that is supposed to reduce out-of-control heathcare costs that are the biggest contributors to the deficit.

Part 3

Former Federal Communications Commission commissioner Nicholas Johnson talks about how citizens in a democracy can take back the public airwaves media tycoons like Rupert Murdoch have been allowed to take over and not just increasingly control news and information, but own our politicians and decide who gets elected and who does not.