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Showing videos filed under: zach carter
Janine Jackson and Zach Carter: Monitoring Money Media
October 27, 2010When you hear about a $5 billion election year, you probably wonder where that money is going. A good chunk of it, of course, goes into advertising--lots of money for the money media. But is that shaping coverage? And what about the supposedly non-money-media: NPR and PBS? A new study out from Fairness & Accuracy in Reporting, Taking the Public Out of Public TV, found that PBS's guests and hosts differ very little from those in the corporate media.Mike Papantonio, Kate Clinton, Money Media & Corruption
October 26, 2010“It's not an election, it's an auction,” says Mike Papantonio of the corporate cash pouring into elections around the country. Papantonio's home state of Florida has seen both its Senate and governor's races attracting national attention, as Tea Party candidates in both races argue for cutting benefits and wages in the name of deficits, and ignore crumbling infrastructure.Zach Carter: Loopholes in Financial Regulation Bill
May 5, 2010The financial reform bill made it through the first Republican filibuster last week and is being debated and amended now on the Senate floor. Regulating Wall Street isn't easy, though, and economics journalist Zach Carter has noted that the proposed reforms are "pretty flimsy"--he uncovered a loophole that allows banks to continue to make illegal trades without punishment!Zach Carter, Net Neutrality and Too Big to Jail
May 5, 2010The financial reform bill made it through the first Republican filibuster last week and is being debated and amended now on the Senate floor. Regulating Wall Street isn't easy, though, and economics journalist Zach Carter has noted that the proposed reforms are "pretty flimsy"--he uncovered a loophole that allows banks to continue to make illegal trades without punishment!Weekly Audit: Four More Years of Bailout Ben
September 1, 2009After Ben Bernanke allowed an $8 trillion housing bubble to ravage the global economy and nearly destroy the U.S. financial system, President Barack Obama has decided he deserves another term as Chairman of the Federal Reserve. (The UpTake has video of Obama’s announcement here.) As the Fed Chair, Bernanke has more economic power than any other person on the planet.Weekly Audit: Fixing the Foreclosure Problem
August 11, 2009The U.S. job market may be showing signs of life, according to a report issued by the Labor Department on Friday. The unemployment rate dropped in July, something no economist expected. Under the most optimistic interpretation, the news indicates that the worst of the recession is finally behind us.Weekly Audit: Why the Rich Can’t Afford to Get Richer
July 28, 2009If we want our economy to be strong and stable, we have to start thinking about it as a product of community—not a get rich quick scheme. As unemployment escalates and the housing crisis deepens, ordinary people are feeling the economic pinch. In the meantime, corporate executives and shareholders are coasting above the storm.Weekly Audit: Bigger Than ‘Too Big to Fail’
July 21, 2009Now that trillions of taxpayer dollars have been pumped through the financial system, Wall Street giants JPMorgan and Goldman Sachs are reporting record profits—and giving out record bonuses. Goldman is planning to pay out $11.4 billion in compensation “earned” with our money. Even worse, attempts to regulate reckless financiers or empower ordinary workers are still being stymied by influential corporate lobbyists.Weekly Audit: Unions and Wage Growth Can Fuel Recovery
July 14, 2009When banks ran into severe trouble late last year, the government responded quickly with a massive bailout, but very little has been done to address a major structural flaw that has left our economy so vulnerable: rampant income inequality.Weekly Audit: Time for a Second Stimulus
July 7, 2009Another stunning reminder of the U.S. economy’s dire condition arrived last Thursday. The nation shed a total of 467,000 jobs in June according to the Department of Labor. That’s 35% more than it lost in May. Despite talk about “green shoots” from Wall Street, a meaningful recovery with full employment and rising incomes is a very long way off.
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