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Showing videos filed under: Depression
Diana Henriques: Bernie Madoff's Deadly Sins
May 6, 2011Bernie Madoff, the infamous Wall Street Ponzi schemer who became one of the villains of the economic crisis, played on his clients' fear, not their greed. So says Diana Henriques, author of the new book Wizard of Lies. Having twice interviewed Madoff in prison, Diana notes that his personal charisma combined with Wall Street's lax regulations to create a perfect storm that wiped out his clients' wealth.Heather McGhee: Deficit Obsession is Depression-Maker
May 6, 2011"Saying when the economy is at its weakest we're going to put into law that we can't spend more to pick ourselves up...that's a depression-maker," says Heather McGhee of Demos. But despite warnings from economists from all over, the government in Washington, Democrats and Republicans both, remain obsessed with the deficit.Heather McGhee, Diana Henriques, and Tom Morello
May 5, 2011"Saying when the economy is at its weakest we're going to put into law that we can't spend more to pick ourselves up...that's a depression-maker," says Heather McGhee of Demos. But despite warnings from economists from all over, the government in Washington, Democrats and Republicans both, remain obsessed with the deficit.Thomas Frank, Midterm Election Recap, and Lessons Learned
November 3, 2010"If there was ever a case of voting for something that is going to make the problem worse, this is it," says Thomas Frank of the 2010 midterms. We've gone from voting for Democrats to fix the economy to kicking them out in favor of Republicans calling for more of the policies that created the crisis: deregulation, tax cuts, and nebulously-defined "freedom." With those people in charge of the House, what's going to happen next?The F Word: Lessons from Elizabeth Warren
November 3, 2010Which lesson will Obama take from sweeping midterm losses? The mantra from the media is move right, conciliate, bridge build. But that’s the rotten road that brought the Democrats this far. There are other voices to listen to.Mike Papantonio, Patrick Hennessey, and Stopping Drilling
September 8, 2010The oil companies' conduct in the Gulf of Mexico are the "equivalent of getting drunk on a fifth of liquor, driving 80 miles an hour through a school zone and killing a child," says Mike Papantonio, Ring of Fire radio host and attorney representing Gulf residents in their lawsuit against BP. But despite such conduct, BP wants to keep drilling, claiming it'll cost jobs if they don't keep pumping out oil.The F Word: Fighting Class War Fighting Bob Style
September 8, 2010Obama spoke to a labor crowd in Milwaukee, Wisconsin on Monday, calling for new energy investment, and new infrastructure. The word most people want to hear from him, of course, is jobs. Where are they going to be, when are they coming back?Katrina vanden Heuvel: Fighting the Class War
September 8, 2010"Class war is when you have corporations sitting on $8 billion," says Katrina vanden Heuvel of complaints from the Right, personified by John McCain's opposition to overturning the Bush tax cuts. Until the economy is back to working for everyone, until our infrastructure is no longer crumbling, it's not time to talk about tax breaks for the rich.Katrina vanden Heuvel, Green Jobs, and Human Rights in the U.S.
September 7, 2010"Class war is when you have corporations sitting on $8 billion," says Katrina vanden Heuvel of complaints from the Right, personified by John McCain's opposition to overturning the Bush tax cuts. Until the economy is back to working for everyone, until our infrastructure is no longer crumbling, it's not time to talk about tax breaks for the rich.Michael Hudson & Richard Wolff: Europe Under the Crunch
July 31, 2010We've heard plenty about the recession in the U.S., but what about the rest of the world? Countries across Europe have faced budget crunches and conservative governments are using the crisis as an excuse to roll back the social safety net that most have enjoyed for decades.
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