Aired 03/21/10

I've been trying to book William Greider ever since I read an article of his last August about restructuring the Federal Reserve. For some, the Fed is the at the center of all that ails us. For others, it is the right place to house any new financial regulatory powers we might gain as a result of the current crisis.

There are now 32 co-sponsors for S604 in the Senate and 317 for HR1207 in the House for bills to audit the Federal Reserve, and 95,000 have signed a petition at http://www.auditthefed.com/

Just yesterday The U.S. Court of Appeals for the Second Circuit in New York ruled the Federal Reserve must disclose the names of banks that could have collapsed if they had not received emergency loans.

Greider wrote perhaps the finest book on the Federal Reserve and always seems to keep an eye on its secretive and too powerful ways. He challenged Greenspan and Paulson long before it was fashionable. And he was right.

We'll focus on the Fed and deal with other economic and political issues if we have time.

 

Aired 03/07/10

JOSEPH STIGLITZ became a full professor at Yale in 1970 at the age of 27, and in 1979 was awarded the John Bates Clark Award, as the economist under 40 who had made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and Oxford, and is now University Professor at Columbia University, Chair of Columbia's Committee on Global Thought, and co-founder and Executive Director of the Initiative for Policy Dialogue.

Stiglitz was a member and chairman of the Council of Economic Advisers during the Clinton administration, and later Chief Economist and Senior Vice-President of the World Bank. In 2001, he was awarded the Nobel Prize in economics and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.

JOSEPH STIGLITZ is the author of, among other books, Globalization and Its Discontents, Fair Trade for All, Making Globalization Work, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes, and his newest, Freefall: America, Free Markets, and the Sinking of the World Economy.

http://www.josephstiglitz.com/

 

Aired 01/31/10

RICHARD WILKINSON & KATE PICKETT authors of an important new book: The Spirit Level: Why More Equal Societies Almost Always Do Better

In the UK, the Guardian says The Spirit Level "might be the most important book of the year, and The New Statesman named it one of the top ten books of the past decade.

Based on thirty years' research, The Spirit Level shows that unequal societies are bad for the well-off as well as the poor, when it comes to health and social problems, child well being, life expectancy, infant mortality, obesity, educational scores, drop out rates, illegal drug use, mental illness, homicide, incarceration, CO2 emissions, recycling, social mobility, innovation, and levels of trust.

The good news: If all these ills are related to one measure - income inequality, then, decreasing inequality should be the central goal of our politics because we can be confident that it works.

RICHARD WILKINSON has played a leading role in international research on inequality. He studied economic history at the London School of Economics before training in epidemiology, and is Professor Emeritus at the University of Nottingham Medical School and Honorary Professor at University College London.

KATE PICKETT is a senior lecturer at the University of York and a National Institute for Health Research Career Scientist. She studied physical anthropology at Cambridge, nutritional sciences at Cornell and epidemiology at Berkeley before spending four years as an Assistant Professor at the University of Chicago.

 

Aired 01/24/10

Has government of, by and for the people perished from the United States?

January 21st, a divided Supreme Court reversed precedent and law, voting 5-4 in Citizens United v. FEC to remove limits on corporate contributions to political campaigns. We'll discuss the decision in the context of money in politics, looking at potential outcomes and possible remedies.

BOB EDGAR is President and CEO of Common Cause, a grassroots advocacy organization working for democracy reform, with nearly 400,000 members and supporters and state chapters in 36 states. Edgar previously served as general secretary of the National Council of the Churches of Christ in the USA, the leading U.S. organization in the movement for Christian unity, and before that as president of the Claremont School of Theology. He was elected to the U.S. House in 1974, the first Democrat in 82 years to represent the heavily Republican 7th Congressional District near Philadelphia.

SCOTT NELSON is an attorney at the Public Citizen Litigation Group in Washington, D.C., where he has practiced since August 2001. After graduating with honors from Harvard College, Nelson attended Harvard Law School, and was elected President of the Harvard Law Review in 1983. He then served as a law clerk to Supreme Court Justice Byron White. Nelson represented key Congressional sponsors of McCain-Feingold before the Supreme Court in Citizens United v. Federal Election Commission.

http://www.commoncause.org/
http://www.publicintegrity.org/
http://www.citizen.org/
http://www.publicampaign.org/
http://www.thealliancefordemocracy.org/
http://www.movetoamend.org/
http://www.freespeechforpeople.org/

 

Aired 01/10/10

DAVID DEGRAW is the day-to-day director of http://mediachannel.org/ whose slogan is "As the media watch the world, we watch the media." Founded by Danny Schechter and Rory O'Conner, MediaChannel deals with the political, cultural and social impacts of the media, large and small. David created http://ampedstatus.com/ to combine cutting-edge technology with human intelligence. He and his team analyze thousands of news items daily to deliver the most hard-hitting and informative.

DAVID DEGRAW started a tech company with friends during the internet boom of the late 90's. They'd raised millions in venture capital when David chose to leave to do more socially conscious work. He did online marketing/business development consulting on projects with Sony, Pearl Jam, AlterNet, etc. After consulting on Danny Schechter's documentary Weapons of Mass Distraction, he moved to Media Channel, where he has been director for five years. In the spring of 2009, he debuted http://ampedstatus.com/