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Alternative Visions – How Bankers Run the Fed and Donald ‘The Trumpet’ on Jobs – 06.23.17

Dr. Rasmus continues the review of the Federal Reserve Bank, showing how the private banks today control the Fed more than ever in recent decades. How the Fed’s structure permits private banking interests to dominate strategic decisions of the central bank, and how there control of the Fed is about to deepen further under Trump. Jack explains how the expansion …

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Alternative Visions – US Fed Raises Rates Again + Part 3: Central Bankers at the End of their Ropes – 06.16.17

Dr. Rasmus reviews the Federal Reserve’s interest rate hike decision this past week, showing how the Fed’s justifications for the rate hike based on ‘data’ are contradictory. How the data show no hike was justified. Rasmus explains how the Fed has been manipulating reporting the data on prices, unemployment and wages in order to justify 8 years of zero rate …

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Alternative Visions – Central Banks on the Ropes, Part 2: Origins & Toxic Legacies of the Federal Reserve – 06.09.17

In the first half of the show, Dr. Rasmus reviews key economic events of the past week, including the collapseof ‘Banco Popular’ bank in Europe and what it might mean in coming weeks to Europe’s fragile banking system, the emerging problems in Junk Bonds and the retail sector in the US, renewed falling oil prices, the US House passing the …

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Alternative Visions – Are Central Bankers at the End of Their Ropes?-Part 1 – 06.01.17

Dr. Rasmus begins a four part series examining the role and function of central banks in the global capitalist system, and how that role evolved through the 20th century and is changing again in the 21st.  In Part 1 of a proposed four part presentation, Rasmus explains how central banks have been the primary source of runaway money and liquidity …

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Alternative Visions – The Trump Budget: Absurd Assumptions Run Rampant – 05.26.17

Dr. Rasmus examines the Trump budget released this past week, which is based on a crude restatement of Supply Side economics bullshit that has had no evidence in reality since it was first introduced under Reagan in 1981. Rasmus explains why the budget’s ridiculous assumption of 3-3.5% GDP for the next decade is nonsense. How the budget double counts tax …

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Alternative Visions -Potholes Emerging in the US Economy? -05.19.17

Last week the US stock market experienced a major hiccup as it now appears the US economy is softening in areas and the ‘Trump Trade’ may not materialize. Dr. Rasmus explores the soft spots in the US economy in US policy, business spending, household consumption, trade and government spending. Consumer and Corporate debt data released by the NY Federal Reserve …

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Alternative Visions – How Macron and Trump Economic Policies Are Similar – 05.12.17

Dr. Rasmus reviews early policy directions of newly elected French President, Emmanuel Macron, that focus on anti-labor reform, business tax cuts, and privatization and how that set of policy priorities is similar in many ways to Trump’s.  How recent reports on unemployment in Europe show jobless rates at 18% (not 9.5%) while the US rate is really 9%-12% and not …

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Alternative Visions – Is the US Economy Deteriorating? + Is Trump Really President? – 05.05.17

Jack Rasmus looks at some contrarian negative indicators that the US economy is stumbling: reports show productivity and fixed investment are nearly stagnant. Bank loans in 2017 are growing less than 3% compared to 10% in 2014-16, retail sales are negative last two months, the worst since 2010. Auto sales are declining three months in a row, worst since 2008. …

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Alternative Visions – Eyewitness Report on the Elections in France + US GDP Report – 04.28.17

The show welcomes back guest, Alan Benjamin, an eyewitness to the recent elections in France last week, to discuss what’s going on in France. Will the right wing, Le Pen party, win in the runoff election coming up in a couple of weeks, or will the candidate backed by the French business and political elite, Macron, win?  What are progressives …

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Alternative Visions – America’s Crisis: What Can Be Done? – 04.21.17

With a ‘false right populism’ of Trump replacing the previous ‘false left populism’ of Obama, Jack Rasmus raises the question ‘What Can Be Done’?  Arguing against ‘inside-outside’ strategies to reform the two dominant political parties, against spontaneous rebellions from below that dissipate with little gained, and the dead-end of fragmenting identity politics—all of which go nowhere in terms of change—Jack …