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Alternative Visions – Global Financial Instability Warnings on the Rise – 10.13.17

Download this episode (right click and save) Dr. Rasmus dedicates today’s show to examining the condition of financial bubble and growing instability in global financial markets.  Recent reports and studies warning of bubbles, debt, and financial instability are reviewed, including the IMF, Bank of International Settlements, the just released report by Deutschebank economists, ‘The Next Financial Crisis’, and key financial players …

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Alternative Visions – US Job Numbers and Global Financial Bubbles – 10.06.17

Dr. Rasmus in the first half of the show discusses today’s Labor Dept. job numbers, explaining how the total jobless today is not 6.8 million but closer to 15 million, and not counting the 8 million equivalent declilne dur to falling labor force participation. Rasmus debunks academic explanations like ‘It’s the opioid crisis’ (Princeton) or that it is due to …

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Alternative Visions – The Trump-Goldman Sachs Tax Cut Proposal – 09.29.17

Dr. Rasmus dissects the Trump tax proposal of this past week, crafted by Goldman Sachs investment bankers, Steve Mnuchin (Treasury Secretary) and Gary Cohn (head of economic council). Rasmus explains how it is the latest in a long line of neoliberal tax proposals since 1981, which are designed to shift income to businesses, investors and wealthy households at the expense …

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Alternative Visions – Two Key Developments: Yellen Fed’s Announcement & Medicare for All Sanders’ Bill – 09.22.17

Dr. Rasmus analyzes and critiques US Federal Reserve chair, Janet Yellen, announcement the central bank will begin selling off its $4.5 trillion balance sheet of free money given to banks since the 2008 crash. Rasmus explains why the Fed can’t raise interest rates above 2% without precipitating another financial crash and a global currency crisis and provoke the next global …

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Alternative Visions – Ideology in Economics—How It Works to Benefit the Wealthy – 09.18.17

Dr. Jack Rasmus explains the notion of ideology in mainstream economics and how it works to create false arguments like ‘business tax cuts create jobs’, ‘free trade lifts all boats’, ‘markets are efficient’, ‘inflation is always caused by too much money chasing too few goods’, recessions are caused by external shocks to a stable (equilibrium) economic system, interest rates determine …

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Alternative Visions – The Gayle McLaughlin Campaign for Lt. Governor of California—Progressive Local Politics In Action – 09.08.17

Jack Rasmus interviews Gayle McLaughlin, founding organizer of the successful grass roots independent political action movement in Richmond, California, former mayor of Richmond and current city council member. McLaughlin explains how the Richmond Political Alliance, RPA, has been able to take over city government despite intense opposition from oil giant, Chevron Corp., that previously ran the city. How the RPA’s …

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Alternative Visions -Labor Day 2017: The Condition of the US Working Class Today-09.01.17

Dr. Rasmus takes stock of the condition of the US working class today. Discussed are the true condition of jobs and employment and how official government statistics underestimate contingent jobs, discouraged and missing labor force jobs, how labor force participation fails to account for millions, how government surveys of jobs underestimates, and how ‘hidden unemployment’ means jobless today is still …

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Alternative Visions -Global Central Bankers Discuss Financial System Stability at Jackson Hole Meeting -08.25.17

The Fed and other central bank leaders gathering at Jackson Hole Wyoming today express concern for financial instability. Fed chair, Janet Yellen, warns of the Trump administration’s current fast tracking of financial deregulation, driven by the Goldman Sachs-driven US Treasury Secretary, Steve Mnuchin. Dr. Rasmus explains how shadow bankers, like Goldman Sachs, now have almost complete dominance over Trump economic …

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Alternative Visions – Venezuela Today: Eyewitness to Current Events – 08.18.17

Download this episode (right click and save) Alternative Visions radio welcomes guest, Pablo Vivanco, of Telesur Media in Latin America to explain what’s really going on in Venezuela as the Trump administration raises the spectre of possible military intervention in the democratic revolution in that country.  Dr. Rasmus describes the measures by which US elites and its deep state since …

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Alternative Visions – Labor Fightback Network Cleveland Conference – 08.11.17

Host Jack Rasmus interviews guest members of the Labor Fightback Network and their recent conference held in Cleveland. The Network is an organization of local union activists, elected officers, and select union representatives attempting to return the US union movement to a tradition of independent political action, progressive economic demands like ‘Medicare for All/Single Payer’, and labor community alliances. Jack …