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Showing videos filed under: richard wolff
Richard Wolff & Karen Finney: Playing Politics with the Budget
April 13, 2011The details of the compromise that finally kept the government open and made deep cuts to the federal budget for fiscal year 2011 are finally beginning to emerge--and they're not pretty. Millions and even billions from education, labor, the EPA--all for what economist Richard Wolff says is a negligible impact on the actual deficit.Kai Wright; Richard Wolff & Karen Finney; and the Military Budget
April 12, 2011"Everyone from the FDIC to the Pentagon have said that people are doing this as a way of life ... they are trapped in a series of loans," says Kai Wright of individuals and families who've become entangled in the system of payday lending. High-interest loans are being made to the people who need the extra cash most--and who are most unable to repay.Maya Wiley & Richard Wolff: State of American Exceptionalism
January 27, 2011Michele Bachmann isn't the only one who believes in American exceptionalism--there was plenty in Barack Obama's State of the Union speech that reiterated the notion that the US is somehow above the rest of the world. But what does all that mean now? Richard Wolff says "We are exceptional these days not only in the nice and happy things but in things that are not so good." And Maya Wiley points out "It's good if we feel strongly about the importance of our nation. What's complicated is what's behind it."Kai Wright, Maya Wiley & Rick Wolff, and Cairo Protests
January 26, 2011"There was no there there. There wasn't a whole lot you could sink your teeth into, but it was very much Obama in 2008 in terms of 'let's spend responsibly, let's all get along, let's be scientific and smart and go forth and be Americans and we're exceptional,'" said ColorLines editor Kai Wright of Obama's State of the Union speech last night.Postonomic
January 6, 2011The economy's recovering! Really! Okay, we've heard it all before. We know the real story, don't we? Recovery for the rich, austerity for the rest of us. This animated commentary by Donna Golden takes inspiration from Bill Moyers, Richard Wolff, and the Institute for Policy Studies to give us a take on what's going on with our economy.Hendrik Hertzberg, Debating the Mandate, and the Constitution
January 5, 2011But there’s one big obstacle—almost as big as the rest put together—that has no pluses whatsoever, and that we don’t have to be stuck with: the arsenal of senatorial death rays that goes by the quaint name of filibuster.Austerity Fatigue and Action in Europe
October 29, 2010"It's a bizarre idea to fix a global capitalist crisis by breaking a long-term promise," notes Richard Wolff, economist and author of Capitalism Hits the Fan of the "austerity" measures rocking Europe's social democracies at the moment. Governments across Europe are implementing drastic cuts to social safety nets, raising retirement ages, all in the name of fiscal responsibility, and people have taken to the streets--in France, between 1.3 and 2.9 million people have come out in protest, a percentage that Wolff notes would be equivalent to between 6.5 and 14.4 million.Robert Scheer, Austerity in Europe, and Nestor Kirchner
October 28, 2010Barack Obama hit the Daily Show on Wednesday night, and made the unfortunate comment that Larry Summers had done a "heckuva job" running the economy. Robert Scheer of Truthdig notes that Summers was the chief architect of Clinton-era policies that created the economic crisis in the first place, and that Obama's appointment of him to get us out of it was never going to result in anything but more money being thrown at Wall Street.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.Europe Under the Crunch, Donna Edwards, Latching On, & Monique Harden
July 30, 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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