Episode 151

151. Monday, July 30, 2012

The famed award-winning investigative reporting team of Donald Barlett and James Steele have just published a new book, "The Betrayal of the American Dream," a followup to their landmark bestseller, "America: What Went Wrong?" As Republicans and Democrats continue disputing who should bear the brunt of the tax burden, Barlett and Steele argue that America’s middle class has been decimated over the years due to policies governing not only taxes but also bank regulations, trade deficits and pension funds. Their book chronicles how the American middle class has been systematically impoverished and its prospects thwarted in favor of a new ruling elite. Barlett and Steele have worked together for more than 40 years, sharing two Pulitzer Prizes and two National Magazine Awards. The duo join us for the hour to discuss the assault on the middle class, the great tax heist, deregulation, the outsourcing of U.S. jobs by companies like Boeing and Apple, and the end of retirement. "People are going to have to work forever, and yet what are those jobs going to be? What are they going to pay? And it also puts pressure then on people coming into the workforce. How are they going to get a job if people are having to work between 65 and 75 years old?," Steele says. The duo also discuss their past reporting on the 2002 Olympics in Salt Lake City, headed by the Republican presidential candidate, Mitt Romney, and note he headed "an Olympic committee where that entire operation raided the federal Treasury like no other Olympics in history."

Democracy Now! — Season 2012, Episode 103: May 23, 2012

6.9
2001
31 Seasons

Watch Democracy Now! Season 2012, Episode 103: May 23, 2012 online on FlixGems. 2012/05/23 Headlines: Egypt Holds Landmark Presidential Elections; IAEA, Iran Approach Deal Ahead of Baghdad Talks; U.S. Drone Strike Kills 4 in Pakistan; Pakistani Doctor Who Aided CIA in Bin Laden Search Sentenced to 30 Years; Tens of Thousands Protest Education Cuts in Spain; Estimated 400,000 Protest on Quebec Student Strike's 100th Day; Former U.S.-Backed Guatemalan Dictator Faces 2nd Genocide Trial; Bomb Plot Targeting Uribe Foiled in Argentina; CBO: U.S. Could Face Recession in 2013; Regulators Confirm Probes of JPMorgan Chase over $3 Billion Loss; Morgan Stanley Faces Questions over Facebook Offering; Senate Panel Votes to Extend Gov’t Surveillance Powers; Court Upholds $3.4 Billion Settlement over Native American Land Trusts;$

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