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Showing videos filed under: Recession
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.Biko Baker, Jane Hamsher, Naomi Klein & State of the Union
January 25, 2011Barack Obama isn't the only one giving a talk tonight--the League of Young Voters will be bringing together some top thinkers, activists, and artists to have a live conversation streaming on the Web, as well as on Twitter and Facebook. "We have to keep going deeper," notes Biko Baker, the League's executive director, "We have to step up and be a lot stronger on jobs."The F Word: No Solutions at State of the Union
January 25, 2011Obama will deliver his take on the State of the Union tonight and while congress has bickered about bipartisan seating, it doesn't matter where anyone sits because the profiteers who define what’s possible in our politics have already barred any serious solution to what ails us.Peter Hart, Miriam Moskowitz, Haiti and the Broken Economy
January 12, 2011"They are goading people into feeling like their country has been stolen from them," says FAIR's Peter Hart of Glenn Beck and other right-wing media personalities with what he terms a "conspiratorial worldview." It's not just using violent metaphors, in other words, it's creating a paranoid mindset that something dangerous is happening to the U.S. that can appeal to those already inclined toward paranoid thinking, like Jared Loughner.The F Word: The Violence of the Broken Economy
January 12, 2011A lot of people have talked this week about violent political rhetoric bringing the U.S. to a fever pitch, but there's something else keeping people on edge: that's economic catastrophe and despair.Dean Baker: Political Impasse Prolongs Grim Forecast For Job Creation
October 13, 2010If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. So what's a nation to do in the current political climate? We check in with GRITtv Economics correspondent, Dean Baker.Dean Baker, Reverend Billy and Rethink Afghanistan
October 13, 2010If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. So what's a nation to do in the current political climate? We check in with GRITtv Economics correspondent, Dean Baker. Then, Reverend Billy, Savitri D and the Church of Life After Shopping Choir are continuing to spread their gospel across the country. Their Earth-a-lujah! Tour is heading to California but first Rev. Billy and Savitri D stop by GRITtv to talk about the recently rescued Chilean miners, as well as their recent work, including protesting mountain-top removal and facing down against bigotry and discrimination by government officials.Dean Baker: Who Deserves Sympathy?
September 21, 2010"Poverty is a one-day event, we get a report released and we're going to talk about poverty, but every day we hear what the stock market does," says Dean Baker, GRITtv economics correspondent. The problem with that kind of coverage, Baker notes, is that "many more people will experience poverty than will strike it rich in the stock market."
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For information on GRIT magazine, go to www.grit.com.





