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Inside Story: US debt default deal -Temporary Solution? |
| Uploaded by AlJazeeraEnglish on 2 Aug 2011 Barack Obama has reached an agreement with House and Senate leaders to avoid a US debt default. So is this a real remedy or a temporary patch up? | |
| Date: 03 August 2011 - Added by: KMC | |
| Views: 821 - Votes: 1 - Rating: 1 | |
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The Richest Top 1%, Featuring Economist Jeffrey Sachs |
| Uploaded by AlJazeeraEnglish on 2 Aug 2011 The richest 1% of US Americans earn nearly a quarter of the country's income and control an astonishing 40% of its wealth. Inequality in the US is more extreme than it's been in almost a century — and the gap between the super rich and the poor and middle class people has widened drastically over the last 30 years. Meanwhile, in Washington, a bitter partisan debate over how to cut deficit spending and reduce the US' 14.3 trillion dollar debt is underway. As low and middle class wages stagnate and unemployment remains above 9%, Republicans and Democrats are tussling over whether to slash funding for the medical and retirement programs that are the backbone of the US's social safety net, and whether to raise taxes — or to cut them further. The budget debate and the economy are the battleground on which the 2012 presidential election race will be fought. And the United States has never seemed so divided — both politically and economically. How did the gap grow so wide, and so quickly? And how are the convictions, campaign contributions and charitable donations of the top 1% impacting the other 99% of Americans? Fault Lines investigates the gap between the rich and the rest. This episode of Fault Lines first aired on Al Jazeera English on August 2, 2011 at 0930 GMT. | |
| Date: 03 August 2011 - Added by: KMC | |
| Views: 1044 - Votes: 8 - Rating: 5 | |
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Jimmy Kimmel on President Obama's Debt Deal |
| Uploaded by JimmyKimmelLive on 2 Aug 2011 Jimmy Kimmel Live - President Obama on Debt Deal | |
| Date: 03 August 2011 - Added by: KMC | |
| Views: 822 - Votes: 3 - Rating: 5 | |
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Mona Eltahawy: Mubarak trial deeply symbolic for Egyptians |
| CNN 3 Aug 2011 Columnist Mona Eltahawy on feelings of Egyptians as the trial for forrmer Egyptian President Hosni Mubarak begins. | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 767 - Votes: 1 - Rating: 5 | |
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Record-high radiation at Fukushima since quake & tsunami struck |
| Uploaded by RussiaToday on 2 Aug 2011 Japan's energy operator TEPCO has detected the highest level of radiation at the Fukushima nuclear facility since the March earthquake and Tsunami hit the plant. The reading, taken between the first and second reactor buildings, registered at levels considered fatal to human health. The company and government say they remain on target to bring the reactors to a safe state of cold shutdown by January. Tens of thousands of people remain in temporary shelter after a no-go zone around the complex was enforced. | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 794 - Votes: 1 - Rating: 5 | |
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*Countdown with Keith ...: Worst Persons: Tigers-Mariners Trade, Bachmann, Beck |
| Published on 2 Aug 2011 by Current Find out why the Detroit Tigers-Seattle Mariners baseball trade and Michele Bachmann made the short list, and Glenn Beck is The Worst Person in the World for Aug. 1, 2011. | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 864 - Votes: 0 - Rating: 0 | |
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UN Warns East Africa Famine Is Dire |
| Uploaded by NTDTV on 2 Aug 2011 For more news visit ? http://english.ntdtv.com Follow us on Twitter ? http://twitter.com/NTDTelevision Add us on Facebook ? http://facebook.com/NTDTelevision East Africa is experiencing its worst drought in 60 years. United Nations Emergency Relief Coordinator, Valerie Amos, says 12.4 million people are in "dire need of help." Valerie Amos, the U.N. Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, warns that more than 12 million people across the Horn of Africa are affected by famine -- the region's worst in 60 years. [Valerie Amos, U.N. Emergency Relief Coordinator]: "...12.4 million people in Kenya, Ethiopia, Somalia and Djibouti are in dire need of help and the situation is getting worse. A little less than two weeks ago, we declared a famine in two regions in Somalia. Today, we are warning that unless we see a massive increase in the response, the famine will spread to five or six more regions. Tens of thousands of Somalis have already died and hundreds of thousands face starvation with consequences for the entire region." Amos detailed stories of parents forced to abandon their children. [Valerie Amos, U.N. Emergency Relief Coordinator]: "...It's hard to image the horror of mothers forced to leave their infants behind to die as they trek for weeks to reach safety, the sense of loss felt by orphans as they reach overcrowded refugee camps, sick and malnourished, alone and with no future. These stories, these images are a wake up call. They remind us why we can not spare any effort to ease the suffering, why we must do all we can to stop it happening again." Amos took issue with some media reports that criticized the U.N. for waiting too long to warn of the catastrophe. [Valerie Amos, U.N. Emergency Relief Coordinator]: "...Our early warning systems worked and we sounded the alarm last year when we appealed for 1.6 billion (USD) to tackle the situation. As of mid-year, around half of that money has been raised and as of last week, donors have committed more than one billion dollars. It's not enough, but neither was the crisis ignored as some have suggested..." Amos appealed for more money. [Valerie Amos, U.N. Emergency Relief Coordinator]: "Today, we urgently need another 1.4 billion dollars to save lives and we need it now." The UN has warned the whole of southern Somalia is slipping into famine. And a rebellion waged by Islamist militants has prevented the distribution of food aid in some parts of Somalia. [Valerie Amos, U.N. Emergency Relief Coordinator]: "We of course, stand ready to increase our response on a massive scale, we have the capacity, but we also face armed groups who say they do not want us there. We are doing all we can through negotiations to change that situation." | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 829 - Votes: 0 - Rating: 0 | |
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Firedoglake's Jane Hamsher joins Thom Hartmann: What Standard & Poors isn't telling us about the Debt |
| Uploaded by TheBigPictureRT on 2 Aug 2011 Jane Hamsher, http://www.firedoglake.com, joins Thom Hartmann. In this debt-limit debate we witnessed far-right wing terrorists within the Republican Party - Members of Congress that even Vice President Joe Biden admitted acted like terrorists - threaten America with total economic destruction if they didn't get EVERYTHING they wanted in a debt-limit deal. And as we near the end - it looks like they'll get damn near everything they asked for. That's trillions in spending cuts - without one penny in tax increases on billionaire hedge fund managers - subsidized billion dollar oil corporations - and subsidized billionaire corporate jet owners. It's as though the president was totally unprepared for this assault by the Republicans. But it's not as if he wasn't warned that they were planning to play hostage-takers. | |
| Date: 02 August 2011 - Added by: Guest | |
| Views: 851 - Votes: 7 - Rating: 4.86 | |
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Al Gore On Why Washington Is Broken |
| 1 August, 2011 Current TV | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 807 - Votes: 5 - Rating: 5 | |
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Obama's Anti-Stimulus Package: Economist Michael Hudson Strongly Critiques Debt Deal Vote |
| Uploaded by democracynow on 2 Aug 2011 DemocracyNow.org - After months of a bitterly partisan stalemate, the U.S. House of Representative has voted 269 to 161 in favor of raising the federal borrowing limit and avoiding a default on the national debt. The final count showed 174 Republican ayes, with Democrats split evenly — 95 on each side. The vote came just hours before a U.S. Department of Treasury deadline that potentially would have seen the United States run out of cash and default for the first time in its history. The bill is expected to be approved by the Senate and signed into law by President Obama today. To analyze the debt deal, Democracy Now! interviews Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and author of "Super-Imperialism: The Economic Strategy of American Empire." His website is Michael-Hudson.com. | |
| Date: 02 August 2011 - Added by: KMC | |
| Views: 853 - Votes: 4 - Rating: 5 | |
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