#1213 Ten Years On (The Financial Crisis and Disastrous Recovery) ​

Air Date: 9–25-2018
Today we take a look at where we stand, now ten years on from the beginning of the Great Recession in 2008. Inequality has spiked, the banks are more profitable than ever and not a single banker went to jail for fraud. Now we must look ahead to how we can better manage the next inevitable crash.

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SHOW NOTES

Ch. 1: As the banks crashed, inequality spiked - Angie Coiro hosting the Bradcast from @TheBradBlog - Air Date 9-17-18

Angie Coiro reading quotes from insiders from Lehman Brothers on the risks being taken before the crash and noting the spike in inequality in its wake.

Ch. 2: Nomi Prins on the fallout of the bank bailouts - @ThisIsHellRadio - Air Date 5-8-18

Journalist Nomi Prins explains how central banks bought world power in an age of global crisis. Nomi is author of “Collusion: How Central Bankers Rigged the World” from Nation Books.

Ch. 3: Rethinking economic indicators to improve our understanding - The Brian Lehrer Show - Air Date 9-17-18

New York Times columnist David Leonhardt argues that the financial crisis is not over, despite what standard economic measurements show, and points to alternative ways to measure GDP.

Ch. 4: Harold Meyerson on why the recovery continued the disaster - Start Making Sense from @TheNation - Air Date 9-19-18

On the 10th anniversary of the financial crisis, Harold Meyerson argues that the recovery was a disaster all over again—and that we are still suffering from its political consequences. Harold is Executive Editor of The American Prospect.

Ch. 5: F-Word: 10 Years On, The End of Capitalism is Easier to Imagine - @theLFshow w: @GRITlaura Flanders - Air Date 9-21-18

Not long after the financial crash of 2008, I heard someone say, “It’s easier to imagine the end of the world than the end of capitalism.” Is it?

Ch. 6: The Left Must Get Ready to Seize the Next Financial Crisis - @TheRealNews - Air Date 7-22-18

Thomas Hanna: When the next global financial crisis hits, we need to be prepared to nationalize the banks and create a public banking sector, which will not only be a way out of the crisis but will also help prevent future crises.

Ch. 7: Jesse Eisinger on why the Chickensh*t club doesn't prosecute bankers - @RalphNader Radio Hour - Air Date 3-3-18

Ever wonder why no bankers went to jail after the 2008 financial crisis? Investigative journalist, Jesse Eisinger, tells us why in his book, “The Chicken Shit Club.”

Ch. 8: Why aren't more dishonest bankers in jail? - The Inquiry - Air Date 7-4-16

If you could find a way to nudge bankers towards better and safer choices, building a culture of integrity, you might avoid future financial trouble. But can you make bankers behave better?

 

VOICEMAILS

Ch. 9: Further clarification on social democracy - Jeff from New York

 

Ch. 10: Final comments on the definitions of Democratic Socialism, social ownership and the future of cooperative ownership

 

THE MIDTERMS MINUTE 

See previous battleground race spotlights and get the entire lay of the land at "The Midterms Minute H.Q."

New battlegrounds spotlight coming next episode! 

Written by BOTL Communications Director Amanda Hoffman 

 

MUSIC:

 

Produced by Jay! Tomlinson

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