Alternative economics

Robert Johnson and "Too Big To Bail: the 'Paulson Put', Presidential Politics, and the Global Financial Meltdown"

program: 
Locus Focus
program date: 
Tue, 03/24/2009

In the past week there has been intense outrage over AIG executive bonuses and other manifestations of corporate greed. How do we go beyond the angry mob mentality? Guest Rob Johnson, who co-wrote "Too Big to Bail: The 'Paulson Put,' Presidential Politics, and the Global Financial Meltdown" with Thomas Ferguson, provides a larger context for understanding the current financial crisis and analyzing the knee-jerk responses that currently rule in the mass media.

Robert Johnson was formerly a managing director at Soros Funds Management and chief economist of the Senate Banking Committee.  You can read a recent article by Johnson and Ferguson at http://www.thenation.com/doc/20090309/ferguson_johnson?rel=hp_picks

57:13 minutes (26.19 MB)

Political Perspectives

Air date: 
Thu, 03/26/2009 - 9:30am - 10:00am

Host Per Fagereng speaks with Ravi Batra, professor of economics at Southern Methodist University and author of The New Golden Age: The Coming Revolution against Political Corruption and Economic Chaos. Batra predicted the financial meltdown way in advance, offering his latest forecast in February last year to Texas Monthly: “When the American bubble starts to burst around mid 2007, and beyond, foreign investors will head for the exits…” Now that the American housing bubble is bursting at the seems, Batra’s biggest fear is that foreign investors will indeed head for the exits, and the already feeble dollar will collapse. Then we will see a rapid unraveling of our debt based economy, rising unemployment, bulging poverty, and big stock market crashes.

Flashpoints on 03/25/09

Program: 
Flashpoints
Air date: 
Wed, 03/25/2009 - 10:15am - 11:00am

Financial adviser Catherine Austin Fitts analyzes the Treasury Department's plan for the economy and Ali Abunimah of the Electronic Intifada gives a postmortem on Gaza and looks at possibilities for justice and freedom for Palestinians.

Old Mole Variety Hour for March 23, 2009

program date: 
Sun, 03/22/2009

 Hosted by Frann Michel, this show features a film review of Che, a conversation about what's wrong with merit pay for teachers, a commentary about the political opening for the left created by the AIG bonus scandal, and a short story about international family ties by Luz María Gordillo.  

To hear the whole show, use the arrow above.  For individual pieces, follow the links below:

1.  "Give Them All Pitchforks!" -- Well-read Red Laurie Mercier on the popular outrage about AIG.

2.  Fred McKissack from Rethinking Schools talks with Bill Resnick about "merit" pay for teachers.

51:28 minutes (29.45 MB)

"Give Them All Pitchforks!"

program date: 
Sun, 03/22/2009

Today's Well-read Red, Laurie Mercier, says, "Thanks to the outrage over the AIG bailouts and  bonuses,  it is no longer cool to be rich.  There is a new populist resentment brewing, and the left must seize the opportunity to build movements to constructively direct that anger into building a new system that provides for all, not the rich few." More on this here, here<

8:34 minutes (4.91 MB)

Locus Focus

Program: 
Locus Focus
Air date: 
Wed, 03/25/2009 - 8:00am - 9:00am
Short Description: 
In the past week there has been intense outrage over AIG executive bonuses and other manifestations

In the past week there has been intense outrage over AIG executive bonuses and other manifestations of corporate greed. How do we go beyond the angry mob mentality? Guest Rob Johnson, who co-wrote "Too Big to Bail: The 'Paulson Put,' Presidential Politics, and the Global Financial Meltdown" with Thomas Ferguson, provides a larger context for understanding the current financial crisis and analyzing the knee-jerk responses that currently rule in the mass media.

Robert Johnson was formerly a managing director at Soros Funds Management and chief economist of the Senate Banking Committee.You can read a recenty article by Johnson and Ferguson at http://www.thenation.com/doc/20090309/ferguson_johnson?rel=hp_picks

Bail OUT!!! Socialism for the Rich, Democracy for the Not-So-Rich...

program date: 
Mon, 03/23/2009

 Abe and Joe dive into Tim Geithner's bank bailout plan, the ongoing looting of the Treasury, and the perks of membership in the ruling class.  

56:58 minutes (26.08 MB)

KBOO Community Calendar for Wednesday, March 25, 2009

program date: 
Tue, 03/24/2009

Greetings Cascadia! My name is Steve, and this is the KBOO Community Calendar for Wednesday, March 25th, 2009.

2:02 minutes (1.86 MB)

Political Perspectives on 03/17/09

Air date: 
Tue, 03/17/2009 - 9:30am - 10:00am

Capitalism Hits the Fan: Richard Wolff on the Economic Meltdown

Richard Wolff has been a professor of economics at the University of Massachusetts since 1981. Dr. Wolff's major interests include the critical comparison of alternative economic theories (neoclassical, Keynesian, and Marxian), the application of advanced class analysis to contemporary global capitalism, and new developments in Marxian economics. He is a member of the editorial board of several academic journals including Rethinking Marxism. He also publishes regular analyses of current economic events on the websites www.globalmacroscope.com and www.monthlyreview.org/mrzine. He has co-authored several books with Stephen Resnick, including The Economics of Colonialism: Britain and Kenya; Rethinking Marxism: Struggles in Marxist Theory; Knowledge and Class: A Marxian Critique of Political Economy and Economics: Marxian versus Neoclassical. He also co-authored Bringing it all Back Home: Class and Gender in the Modern Household with Harriet Fraad and Stephen Resnick.

"Capitalism Hits the Fan: Richard Wolff on the Economic Meltdown" is a new DVD from the Media Education Foundation.

Political Perspectives on 03/17/09

Air date: 
Tue, 03/17/2009 - 9:00am - 9:30am

Host Per Fagereng speaks with Pepe Escobar, reporter for "The Asia Times" about Afghanistan.
An extreme traveler, Pepe's nose for news takes him to all corners of the globe. He was in Afghanistan and interviewed the military leader of the anti-Taliban Northern Alliance, Ahmad Shah Masoud, a couple of weeks before his assassination (Masoud: From warrior to statesman, Sept 11, 2001). Two weeks before September 11, while Pepe was in the tribal areas of Pakistan, "The Asia Times" published his prophetic piece, Get Osama! Now! Or else .   (Aug 30, 2001). Pepe was one of the first journalists to reach Kabul after the Taliban's retreat, and more recently he has explored and reported from "Axis of Evil" countries Iraq and Iran.

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