1

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 …

1

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 …

1

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 …

1

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 …

1

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 …

1

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 …

1

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. …

1

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 …

1

Alternative Visions – 8 Disturbing Economic Reports + Taming Trump Revisited – 04.14.17

As the euphoria of the false promise of Trump policies stimulating US economic growth continue to fade, host Dr. Jack Rasmus reviews several economic reports indicating not much has changed for the US and global economies since Trump’s election.  Jack reviews the IMF’s report on productivity that continues to slow (US productivity now less than 0.5% annual growth compared to …

1

Alternative Visions – Background to Coming Trump-Republican Tax Cuts – 03.31.17

Big tax cuts for rich and corporations are the next big policy offensive around the corner. Jack provides an historical review of tax cuts for rich and corporations in the US over the past century. Major tax reform proposals are summarized since the passage of the corporate and personal income tax in 1913 through Nixon in 1971. Details of the …