(2009/03/29) Money, power, politics and jokes (MP3)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 29 March 2009
⏱️ 69 minutes
🧾️ Download transcript
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| 0:00.0 | Welcome to the best of the left podcast with clips today from CounterSpin, The Young Turks, |
| 0:13.8 | Bill Moyer's Journal, The Onion Radio News, and Ring of Fire. |
| 0:30.2 | With the announcement of President Obama's first budget, newspapers were filled with talk |
| 0:34.1 | of a radical shift in the nation's economic policy, if not its overall politics. This was |
| 0:39.2 | not seen as a good thing, mind you. Primarily because of the White House's decision not |
| 0:43.5 | to renew some of the Bush tax cuts for the very wealthy, how the media reacted was telling. |
| 0:49.4 | According to the LA Times, on February 26th, Obama's budget, quote, laid down controversial |
| 0:54.4 | markers on almost every major issue facing the country. |
| 0:58.4 | Close quote, their evidence, tax cuts for the poor in middle class, and tax increases |
| 1:03.8 | for their wealthy and for major corporations. It's hard to imagine that would be considered |
| 1:08.5 | controversial by the public. Meanwhile, The New York Times sounded a bit like Fox News, |
| 1:13.7 | calling Obama's proposals, quote, a pronounced move to redistribute wealth by re-imposing a |
| 1:19.3 | larger share of the tax burden on corporations and the most affluent taxpayers, close quote. |
| 1:26.0 | That's strong language, to be sure. We're the Bush tax cuts, which distributed wealth |
| 1:30.7 | upwards, ever described this way. We couldn't find any such language in the Times archives. |
| 1:36.1 | We did find a February 2001 article that announced Bush's tax plan in which he calls it a |
| 1:41.7 | boon for the working poor. The Times also stressed that the Bush White House would fight to |
| 1:47.3 | make sure corporate lobbyists were not reaping the benefits of their policy. |
| 1:52.0 | So the lesson would seem pretty clear. Raising taxes on the wealthy is more controversial |
| 1:56.0 | than cutting them, or so say to corporate media. |
| 2:06.1 | Come on to my house, my house, come on, come on to my house, my house, come on to my house, |
| 2:13.1 | I'm gonna give you candy. Come on to my house, my house, I'm gonna give you everything. |
... |
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