Funny, smart, political news satire, hosted by Julianna Forlano.

Breaking down the economic crisis

 

 

 

      On Capitol Hill, there's still no deal in sight to avert the 85-billion-dollars' worth of cuts which will kick in later on Friday. It's known in Washington as the 'sequester' and would see significant reductions on military and domestic spending. But Republicans and Democrats just can't agree on what to do. President Obama says U.S. will get through the deep budget cuts if it has to, but admits the economy will get even worse. Economist Richard Wolff says the American people should prepare for the worst.

Richard Wolff on Fighting for Economic Justice and Fair Wages February 22, 2013

Economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism’s wake, and to discuss the fight for economic justice, including a fair minimum wage.

originally appeared on Al Jazeera's Inside Story

As unemployment in the US decreases and large companies expand their profit margins, has the capitalist system once and for all proven its ability to endure and adapt?

The jobless rate in the US has dropped to its lowest level in four years. And the economy, which in 2008 appeared to be on the brink of collapse, is said to be recovering.  

  These Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences.

      El realizador del documental "Todo está bien" Jesse Freston, dijo que el sistema político norteamericano es de negación total y no es una situación casual. En la cinta se ejemplifican regiones enteras que son invisibles para el gobierno pues abarcan problemas emblemáticos que lo cuestionan y van al fondo del sistema económico, como lo que sucede en Detroit y la región de los Apalaches.

Riots have again erupted in Greece - as the Greeks continue to protest the austerity measures that are destroying their country. Is America out of the woods when it comes to austerity policies - or is there a chance Republicans will still force the crippling policies down our throats? Professor Wolff joins Thom Hartmann to weigh in.