MEDIA ROOTS — “Both parties have conspired to bring us disaster,” says Professor William K. Black, a leading white collar criminologist, who also teaches economics and law at the University of Missouri-Kansas City. “This has strangled the recovery and may even put the economy back into recession.” Professor Black gives a crucial recap of Obama’s (and both Democrats’ and Republicans’) … Read More
MEDIA ROOTS — The top 1% hold 40% of the nation’s wealth. But the bottom 80% hold only 7% of the nation’s wealth. This infographics video provides an arresting presentation of widening wealth inequality in the USA. It also compares and contrasts our perceptions with actual reality. A notable segment is a graph showing perfect equality, which is summarily disregarded by … Read More
MEDIA ROOTS — Obama’s attacks on the social safety net continue, fueled by the claim the USA is running out of dollars. During the recent Steinhardt Lecture at Lewis & Clark College in Oregon, UMKC Professor L. Randall Wray debunked various economic myths marketed in today’s headlines, which are enforced in universities and echoed by the Obama Administration. These same … Read More
MEDIA ROOTS — The deceptive term “sequester” in Obamaspeak refers to social spending cuts looming, ostensibly, in order to “balance the budget,” as if the US federal budget were the same as a household budget in need of balancing. The big mistake the public makes, aided by a lying corporate media perpetuating myths about the US economy, is it falls … Read More
MEDIA ROOTS – Recently on Breaking the Set, Abby Martin had the opportunity to interview the Libertarian Party’s Presidential candidate, Governor Gary Johnson, the Green Party’s Presidential candidate, Dr. Jill Stein and the Party for Socialism and Liberation’s candidate for President, Peta Lindsay. Stein and Johnson are the primary “third-party” candidates in this year’s election, yet they have been completely … Read More
