2/18/2010

Stimulus and Nukes

Nobel Economist Joseph Stiglitz on Obama's Stimulus Plan, Debt, Climate Change, and "Freefall: America, Free Markets, and the Sinking of the World Economy"
As President Obama defends the success of his one-year-old $787 billion stimulus package, we speak to Nobel Prize-winning economist Joseph Stiglitz, who says the stimulus was both not big enough and too focused on tax cuts. Stiglitz is the author of the new book, Freefall: America, Free Markets, and the Sinking of the World Economy, which analyzes the causes of the Great Recession of 2008 and calls for overcoming what he calls an "ersatz capitalism" that socializes losses but privatizes gains. http://www.democracynow.org/2010/2/18/nobel_economist_joseph_stiglitz_on_obamas

"A Bad Day for America": Anti-Nuclear Activist Harvey Wasserman Criticizes Obama Plan to Fund Nuclear Reactors * President Obama has pledged $8.3 billion in loan guarantees needed to build the first nuclear reactors in nearly three decades. The move, along with a tripling of nuclear loan guarantees in the President's budget, represents a new federal commitment to the nuclear power sector. We speak to independent journalist and longtime anti-nuclear activist Harvey Wasserman, who helped found the grassroots movement against nuclear power in the United States in the 1970s. http://www.democracynow.org/2010/2/18/nukes

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