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Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

(2013/03/12) Part 2: Why we should give to the poor (Economics)

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

Jay Tomlinson

Politics, News, News Commentary

4.53.4K Ratings

🗓️ 12 March 2013

⏱️ 74 minutes

🧾️ Download transcript

Summary

Edition #697

Part 2: Why we should give to the poor

Ch. 1: Intro - Theme: A Fond Farewell, Elliott Smith

Ch. 2: Act 1: Government Needs to Put People to Work - Thom Hartmann - Air Date: 02-12-13

Ch. 3: Song 1: Brand new day - Joshua Radin

Ch. 4: Act 2: Obama Proposal: $9/Hour Minimum Wage - The David Pakman Show - Air Date: 02-15-13

Ch. 5: Song 2: Until the water goes down - Dan Romer & Benh Zeitlin

Ch. 6: Act 3: Fox News Seizes On Obama Proposal To Attack Minimum Wage Increase - Media Matters Minute - Air Date: 02-13-13

Ch. 7: Song 3: Until the water goes down - Dan Romer & Benh Zeitlin

Ch. 8: Act 4: Remembering George W. Bush's "Social Security Trust Fund Isn't Real" - Majority Report - Air Date: 02-26-13

Ch. 9: Song 4: Capone - Ronan Hardiman

Ch. 10: Act 5: Pundits like to cut from the middle class - CounterSpin - Air Date: 3-1-13

Ch. 11: Song 5: Piazza, New York Catcher - Belle & Sebastian

Ch. 12: Act 6: 40% of Americans Making Less Than 1968 Minimum Wage - David Pakman Show - Air Date: 03-01-13

Ch. 13: Song 6: The game is on - David Arnold & Michael Price

Ch. 14: Act 7: We're ALL Welfare Queens - Majority Report - Air Date: 03-05-13

Ch. 15: Song 7: Daylight - Matt & Kim

Ch. 16: Act 8: Hugo Chávez fails at spending money frivolously - CounterSpin - Air Date: 3-8-13

Ch. 17: Song 8: Disappointment - The Cranberries

Ch. 18: Act 9: Dow Hits Record High, Household Income Low - David Pakman Show - Air Date: 03-07-13

Ch. 19: Song 9: Comin' back for more - Robert Crew

Ch. 20: Act 10: The mythical "Dow" versus the real "Doug" - Jim Hightower - Air Date: 3-11-13

Ch. 21: Song 10: Revolt - CHANT

Ch. 22: Act 11: Trickle Down Economics False, Middle Out is the Best Policy - The Young Turks - Air Date: 02-10-13

Voicemails:

Ch. 23: Responding to Scott who's feeling beat up for being a white guy - Elka from Fort Wayne, ID

Ch. 24: Black racism is a minor irritant at best - Will in Starkville, MS

Ch. 25: Humanists are generally the opposite of biggoted - Anonymous

Ch. 26: Different ways of approaching foreign policy matters - Nathan from Vancouver, WA

Ch. 27: Privilege discussion must focus on white privilege because it's the paradigm in power - Jordan in Wisconsin

Ch. 28: Establishing guilt is paramount - Jay in New York

Ch. 29: On white privilage, both foreign and domestic - Mara from Pittsburgh

Leave a message at 202-999-3991

Voicemail Music:

Loud Pipes - Ratatat

Ch. 30: Final comments on the relative values of various human's lives

Produced by:

Jay! Tomlinson

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Transcript

Click on a timestamp to play from that location

0:00.0

This program is made possible by the members and donors to the show.

0:05.6

For details, visit the membership tab at bestivalf.com.

0:08.8

Now, welcome to the award-winning Bestival F podcast with Cups Today from the Tom Hartman

0:12.5

program.

0:13.5

The David Pakman show, The Media Matters Minute, The Majority Report, Counter-Spin, Jim

0:17.5

Hightower and the Young Turks, and stay tuned to the end for a bunch of really intelligent

0:21.5

comments about race, privilege, and drones.

0:24.5

When we're the last time your foot had the flu, you don't get flu in your foot.

0:35.6

You get it through your whole body.

0:37.1

Similarly, economies are systemic when an economy is in recession, the private sector is in

0:45.0

recession, the public sector is in recession.

0:46.9

Everything is being affected by that recession.

0:50.9

Everything has to participate in responding to that.

0:54.0

To say, oh, we just need to wait for the private sector.

0:57.2

This is Herbert Hoover's plan in 1929.

1:01.0

He said, oh, in fact, his Andrew Mellon was his secretary of treasury, is that recall?

1:10.2

He said, liquidate everything, liquidate labor, liquidate equity, liquidate, and he went

1:15.7

through a list.

1:16.7

In other words, let it all fall.

1:22.0

And it will eventually resolve itself.

1:25.4

It wasn't Andrew Mellon.

1:27.3

Thank you very much.

...

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