This week’s Ring of Fire, hosted by Robert F. Kennedy Jr., Mike Papantonio and Sam Seder: Saturdays at 3 o’clock Eastern, rebroadcasts Sunday nights at 8 pm Eastern
This week on Ring of Fire: Frances Beinecke, president of the NRDC will be joining us to discuss the Republicans jobs plan – which includes slashing environmental protections and funding for the EPA.
Tamara Draut from Demos dot org will be joining us to talk about the struggles facing the American middle class
Journalist Adam Lee will tell us about the threat posed by the rapidly expanding group of science-denying Christian dominionists in America.
And investigative journalist Joshua Holland will tell us how Wall Street billionaires are trying to convince the middle class that they need to sacrifice more, while Wall Street insiders continue to make billions.
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Back in the 1980s, the CEOs and corporate raiders were saying the same thing about American companies were fat, lazy, going down hill, etc., and were telling Washington to deregulate the economy, and we all know how that turn out.
I don’t think there is really any nobility in the private sector anymore, despite the Right’s touting of its innovation without “interference” from the gov’t. I hardly ever see private sector employers hiring nor banks lending for small businesses and individuals, given that CEOs and upper management just takes and takes and takes while their workers get cut and cut and cut like with GE, Bank of America, and Goldman Sachs.
The last time I worked for the private sector was 4 years ago, and I only got paid $8/hr while the manager didn’t bother to give his employees any pay raises, where he just spent that money the company made on motorcycles for himself.
from 49 to 54 minutes of podcast (interview of Tamara Draut by Sam Seder)
Sam noted that executives get paid more and more based on quarterly stock analyst predictions. Execs strive to meet them by cutting the labor costs that is pay to those who did the work that built the company in the first place. The Execs then spend their high pay on campaign donations for favored elected officials then lobby them to write laws favoring them.
The takeaway, or ’5 thousand foot’ as Mike Papantonio calls summations:
Absolute power corrupts absolutely in BOTH public or private sectors.
Please don’t let Mike Papantonio near a science interview again. It undermines the real problem of anti-science Republicans when the lefty doing the interviewing doesn’t understand science himself.
Papantonio is unaware of some really basic stuff – he doesn’t seem to know that evolution has nothing to do with geology. He actually said “Geologists knew long before Charles Darwin ever told us that there wasn’t a global flood.” Charles Darwin did not tell us that!
Along with Republican’s rejection of science, Pap’s misunderstanding of basic science is also an indicator of problems for our country.