Uprising is a daily radio program, produced at KPFK, Pacifica Radio in Los Angeles. It airs weekdays from 8-9 am PST. A weekly syndicated version of Uprising is available free to all stations.
President Obama went on the defensive yesterday evening in his second prime-time news conference defending his Treasury Secretary’s plan to save the financial sector with $1 trillion of tax payer money. The President took questions from reporters for nearly an hour during a conference that almost entirely focused on the economy. He was grilled about the bonuses received by AIG executives, the growing budget deficit, health care, and other issues. Geithner’s so-called private-public partnership would give investors federal money to buy up toxic assets. Many have criticized the plan as relying on investor greed as a fuel to fix the economy. But if the plan works, theoretically banks would be able to free themselves of enough bad debt to be able to make good loans. That’s a big “if” however. Meanwhile the President is planning an online town-hall style meeting on the economy tomorrow evening on the White House’s website at whitehouse.gov.
GUEST: Dr. Richard Wolff, professor of Economics at University of Massachusetts, Amherst, featured in a new film by the Media Education Foundation called Capitalism Hits the Fan
The first Israeli-Palestinian peace talks of the Obama administration are set to begin – we’ll look at what’s in store. And, California defeats two major pieces of legislation in a victory for the chemical industry – we’ll find out what recourse there is. Plus, writer Robert Jensen joins us in studio to analyze the Right, and discuss how progressives can fight back. And this week’s People’s Marketplace.
President Obama went on the defensive yesterday evening in his second prime-time news conference defending his Treasury Secretary’s plan to save the financial sector with $1 trillion of tax payer money. The President took questions from reporters for nearly an hour during a conference that almost entirely focused on the economy. He was grilled about the bonuses received by AIG executives, the growing budget deficit, health care, and other issues. Geithner’s so-called private-public partnership would give investors federal money to buy up toxic assets. Many have criticized the plan as relying on investor greed as a fuel to fix the economy. But if the plan works, theoretically banks would be able to free themselves of enough bad debt to be able to make good loans. That’s a big “if” however. Meanwhile the President is planning an online town-hall style meeting on the economy tomorrow evening on the White House’s website at whitehouse.gov.
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On July 27, 2010 Uprising host Sonali Kolhatkar spoke with Bollywood megastar Aamir Khan about the latest film he has produced, Peepli Live, about …
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