Flint: The Water Crisis Persists W/Jordan Chariton
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 1.9K Ratings
🗓️ 15 October 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
On this week’s episode of Economic Update, Professor Richard Wolff discusses how FED Chair Jerome Powell admits capitalism's intrinsic instability, a Tennessee plastic plant won't let workers leave before storm Helene hits, we examine new drugs for obesity (Ozempic and Wegovy) which highlights the failures of for-profit medical care.
Finally, we interview Jordan Chariton on his new book "We, the Poisoned: Exposing The Flint Water Crisis Cover-up and the Poisoning of 100,000".
Jordan Chariton is an independent investigative reporter known for reporting on the ground across America on major stories like the Flint water crisis, the Native American protests at Standing Rock over the Dakota Access Pipeline, the 2016 and 2020 presidential campaigns, and in-depth authentic reporting on union drives, worker strikes, poverty, homelessness, and state and local corruption. Chariton has broken significant investigative stories in The Guardian, VICE News, The Intercept, and Detroit Metro Times; other work from Chariton has been featured on CNBC.com, TheHill.com, Mediaite, and the popular YouTube news channel Breaking Points.
Twitter (X) - @JordanChariton
Chariton’s in-the-trenches, gritty reporting has amassed a large following. While covering the 2016 campaign, his tough questions sparked viral videos garnering hundreds of thousands of views. In 2017, he was arrested while covering Black Lives Matter protests in St. Louis. In 2018, he launched his own independent news outlet, Status Coup News, which is on YouTube.
He is best known for his tireless reporting on the Flint water crisis, making 21 reporting trips to the Midwest city to break several major stories on the cover-up of one of the worst environmental catastrophes of the 21st century.
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Transcript
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| 0:00.0 | And the Welcome friends to another edition of Economic Update, a weekly program devoted to the economic |
| 0:26.7 | dimensions of our lives and those of our children. I'm your host Richard Wolf. |
| 0:33.0 | Today's program I'm going to jump into in a moment, but as usual I want to start by reminding |
| 0:40.8 | you that Charlie Fabian stands ready to receive emails from you if you have suggestions or proposals for the program. |
| 0:51.0 | You can reach him at Charlie dot info 438 at gmail.com I also want to |
| 1:00.8 | mention as a preface the new book Understanding Capitalism that I wrote and that Democracy |
| 1:08.6 | at Work has now published. |
| 1:11.2 | It's available from our website and I want to recommend to you that watch or listen |
| 1:16.9 | to this program in its TV or radio or YouTube forms and let you know that the point of the book is to give you an |
| 1:26.2 | overview of capitalism that collects, assimilates, and integrates what we do on this program week in and week out. |
| 1:36.4 | If you find this program of interest, I think you will find what that book does to be the companion if you like, the additional insights if you like to |
| 1:49.5 | what this program provides on a weekly basis. |
| 1:53.0 | Today we're going to talk about the Federal Reserve under Jerome Powell. |
| 1:58.0 | We're going to talk about a company in Tennessee devastated by the Hurricane Helene and finally about the two new hot |
| 2:07.2 | obesity drugs they're called Ozempik and Wegovi and what they're about economically speaking. |
| 2:16.6 | So let's jump right in. |
| 2:19.8 | Fed Chair Jerome Powell said the following on September 30th few weeks ago. |
| 2:27.0 | There's really nothing that I can point to, said Mr. Powell in the economy that suggests that a downturn now is more likely than it is at any time." |
| 2:40.0 | I found this remarkable the head of the monetary authority and system of the |
| 2:48.8 | United States admits that in capitalism a downturn can happen anytime because if it's no more likely |
| 3:00.3 | than any time now then it's also no less likely either. That's what his words |
| 3:08.0 | mean. That's what the man said. |
... |
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