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Jamie Dimon, Barack Obama and John Boehner whipping for Wall Street.
(Credit: DonkeyHotey/flickr/cc)
Moyers & Company: Democrats, Not Just Republicans, Are Bowing Down to Wall Street
John R. MacArthur of Harper’s Magazine talks with Bill Moyers and argues that both major parties are abandoning the republic in pursuit of big bucks.
Dec 12, 2014
Negotiators from the 12-nation Trans-Pacific Partnership (TPP) were in Washington this week for a new round of talks which they hope will lead them closer to agreement on the trade deal. President Obama has called passage of TPP a "high priority."
This week, Bill speaks with outspoken veteran journalist John R. MacArthur, president and publisher of Harper's Magazine, about the problems with TPP, which is being negotiated in secret, behind closed doors. MacArthur says that the "free trade" agreement will take jobs away from Americans: "I guarantee you, this is a way to send more jobs [abroad], particularly to Vietnam and Malaysia."
Obama's commitment to trade is just another example of his indebtedness to Wall Street for massive campaign contributions. Hillary Clinton, who MacArthur describes as to the right of Americans' political beliefs, may be scaring off progressives looking to run in 2016 as she is "very much in harmony" with Wall Street.
"There are a lot of people who would make good candidates, but they're intimidated by the Clinton fundraising machine."
An Unconstitutional Rampage
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
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Moyers & Company
Moyers & Company is a weekly series of smart talk and new ideas aimed at helping viewers make sense of our tumultuous times through the insight of America's strongest thinkers.
ttiprepublican partybarack obamacampaign financetrans-pacific partnershipwall streettppjohn boehnerjamie dimondemocratic partybill moyersjohn r. macarthur
Negotiators from the 12-nation Trans-Pacific Partnership (TPP) were in Washington this week for a new round of talks which they hope will lead them closer to agreement on the trade deal. President Obama has called passage of TPP a "high priority."
This week, Bill speaks with outspoken veteran journalist John R. MacArthur, president and publisher of Harper's Magazine, about the problems with TPP, which is being negotiated in secret, behind closed doors. MacArthur says that the "free trade" agreement will take jobs away from Americans: "I guarantee you, this is a way to send more jobs [abroad], particularly to Vietnam and Malaysia."
Obama's commitment to trade is just another example of his indebtedness to Wall Street for massive campaign contributions. Hillary Clinton, who MacArthur describes as to the right of Americans' political beliefs, may be scaring off progressives looking to run in 2016 as she is "very much in harmony" with Wall Street.
"There are a lot of people who would make good candidates, but they're intimidated by the Clinton fundraising machine."
Moyers & Company
Moyers & Company is a weekly series of smart talk and new ideas aimed at helping viewers make sense of our tumultuous times through the insight of America's strongest thinkers.
Negotiators from the 12-nation Trans-Pacific Partnership (TPP) were in Washington this week for a new round of talks which they hope will lead them closer to agreement on the trade deal. President Obama has called passage of TPP a "high priority."
This week, Bill speaks with outspoken veteran journalist John R. MacArthur, president and publisher of Harper's Magazine, about the problems with TPP, which is being negotiated in secret, behind closed doors. MacArthur says that the "free trade" agreement will take jobs away from Americans: "I guarantee you, this is a way to send more jobs [abroad], particularly to Vietnam and Malaysia."
Obama's commitment to trade is just another example of his indebtedness to Wall Street for massive campaign contributions. Hillary Clinton, who MacArthur describes as to the right of Americans' political beliefs, may be scaring off progressives looking to run in 2016 as she is "very much in harmony" with Wall Street.
"There are a lot of people who would make good candidates, but they're intimidated by the Clinton fundraising machine."
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