nomi prins

Democracy Now! Wednesday, December 14, 2011

Tens of thousands of Russians filled the streets in Moscow and other cities over the weekend in the largest demonstrations Russia has seen in more than a decade. Protesters expressed outrage at the large-scale electoral fraud they said took place during recent parliamentary elections and are demanding the ouster of Prime Minister Vladimir Putin and his ruling "United Russia" party. "I think what people in Russia want are the kind of things that people in the U.S. and Western Europe take for granted,” says our guest Luke Harding, award-winning foreign correspondent with The Guardian of London. Former New Jersey governor and U.S. Senator Jon Corzine testified Tuesday on Capitol Hill about his brief stint at the helm of the failed commodities and derivatives brokerage house MF Global, which in October became the largest failure on Wall Street since the collapse of Lehman Brothers in 2008. We speak with Nomi Prins, a former investment banker turned journalist. The House is expected to vote today on a massive $662 billion defense bill that could usher in a radical expansion of indefinite detention under the U.S. government. A provision in the National Defense Authorization Act would authorize the military to jail anyone it considers a terrorism suspect anywhere in the world without charge or trial. We speak to Chris Anders, the senior legislative counsel in the American Civil Liberties Union’s Washington Legislative Office. The 2011 Nobel Peace Prize was presented this weekend to three women: Liberian activist Leymah Gbowee, Liberian President Ellen Johnson Sirleaf, and Yemeni peace activist and journalist, Tawakkul Karman, the first Arab woman to win the prize, as well as its youngest winner to date. We featured highlights from their acceptance addresses this week. Democracy Now!, a daily independent newshour

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Big Picture 11/3/11: The Republican War on America

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Democratic congressman Alan Grayson talks with Thom about the GOP's refusal to pass any proposal regarding President Obama's jobs bill. Author and journalist Nomi Prins also discusses the potential collapse of the Greek economy and the shift of democracy in the troubled country.

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Big Picture 6/16/11: Weiner Resignation; Riots in Greece

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Lucy Kafanov fills in for Thom Hartmann, and she discusses the Wiener resignation with Todd Zwillich from Public Radio International and Democratic strategist Erikka Knuti. Later in the show journalist and author Nomi Prins joins Lucy from Los Angeles to talk about the riots in Greece over austerity measures.

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GRITtv: Financial Reform: Throwing Junk in the Attic

Nomi Prins, former Wall Street trader and author of "It Takes a Pillage," says that the current financial reform legislation is like throwing your extra junk in the attic and pretending that your house is clean. She says that it allows banks to keep all sorts of securities off their balance sheets--that it does nothing to prevent, in short, the kind of shady dealings that helped land us in this financial mess to begin with. Together with Roosevelt Institute Fellow and blogger Mike Konczal, Nomi joins Laura in studio to discuss the financial reform legislation, its chances of passage, and what it would do--and wouldn't.

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GRITtv: Still Waiting on Our Bailout: The Foreclosure Crisis Still Getting Worse

The New York Times is reporting that bankers are feeling "put-upon" by the Obama administration's fierce rhetoric over the economic crisis, but in the meantime, the majority of Americans are still suffering the aftershocks of the meltdown that shook Wall Street. Bankers might be back to making, as one fundraiser noted in the Times piece, $1 million to $200 million a year, but hundreds of thousands of Americans are still fighting foreclosure around the country and the administration is busy fundraising. We talk to Sarah Ludwig, Nomi Prins, Jennifer Gonnerman, and Heather Booth, veteran grassroots organizer of 40 years, now serving as executive director of the new coalition, Americans for Financial Reform. They tell us what's really going on in the rest of America, the ones who aren't invited to fancy fundraisers.

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GRITtv: Nomi Prins: It Takes a Pillage

Nomi Prins, author of "It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street" explains why the banks are getting bigger, who really runs Washington, and post-bailout capitalism.

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GRITtv: Walmart's Brave New World, Christianity and Capitalism, and Nomi Prins on the Post-Bailout Economy

Walmart is the nation's largest employer and also has the largest number of employees who receive Medicaid, food stamps and state public assistance. In essence, federal tax dollars are being used to subsidize Walmart so they can pay their employees low wages and rake in massive profits. Reports today that Congress is floating a proposal to issue tax credits to businesses that create jobs sounds good. But what kind of jobs? Walmart jobs or real jobs? Pat O'Neill, Mark Moore and Matt Ryan discuss alternatives to the Walmart model. Bethany Moreton, David Harvey and Alexander Cockburn on real alternatives to the current economic order. And Nomi Prins on why the banks are getting bigger, who really runs Washington, and post-bailout capitalism.

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GRITtv: October 7, 2009

Walmart is the nation’s largest employer, and federal tax dollars are being used to subsidize it so it can pay its employees low wages and rake in massive profits. Pat O’Neill, Mark Moore and Matt Ryan discuss alternatives to the Walmart model. Author Bethany Moreton tells how Walmart has effectively married capitalism and Christianity, and David Harvey and Alexander Cockburn on real alternatives to the current economic order.

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GRITtv: Why the Banks are Winning: Nomi Prins, Dean Baker, and James Mumm

Earlier this month and one year after the financial collapse Barack Obama told a group of Wall Street executives that he would not allow them to return to an age of excessive risk and disregard for the consequences of financial speculation. If only those words were true. Laura Flanders talks with Nomi Prins, Dean Baker and James Mumm about why banks keep getting bigger.

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GRITtv: September 29 2009


Today's stories include a film about shill Dick Morris, Jeff Shalet wonders why the left doesn't take the right more seriously, an update on the Stella D'Oro/Goldman Sachs debacle; and on the F-Word, the real reason big business is now getting behind cap and trade. GRITtv is a daily news and arts  discussion program.

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