Presentations and Interviews

Full Length Talks/Presentations  Jump to radio interviews

Interview with Russia Radio Today, and Host, Andrew Hiller
22 April 2013 (12 min 56 sec)

Green Shadow Cabinet and Dr. Rasmus as Shadow Federal Reserve Chairman

Interview with Host, Chris Moore, KDKA Radio
Pittsburg, PA, April 15, 2013 (40 min 43 sec)

Jack Rasmus On Obama's New Budget and Social Security-Medicare Cuts

Jack and host, Chris Moore, discuss proposals in Obama's 2014 Budget to cut Social Security & Medicare, Defense, and other topics related to the latest developments in deficit spending cuts and taxes in the U.S.

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Why Social Security & Medicare Are NOT in Crisis
San Francisco, February 28, 2013 (36 min 13 sec)

Dr. Jack Rasmus Presentation to the Progressive Democrats of America, San Francisco

Jack Rasmus exposes the lies perpetrated by Politicians and Media about the financial state of Social Security and Medicare today. He offers alternative small tax changes that would instead lower the retirement age, increase retirement benefits, fully fund Medicare Part B and D, and create a surplus to pay for Medicare for All (Universal, Single Payer Health Care). He explains how neither of these programs, nor the country itself, are 'broke' but that trillions of dollars are instead being hoarded by the rich and corporations, who are trying to make retirees pay for the economic crisis and deficits they created.

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Interview with Russian Radio Today Host, Carmen Russell-Sluchansky

February 25, 2013 (16 min 45 sec)
Jack Rasmus discusses his latest proposal for a Financial Transactions Tax: MP3 | RealPlayer

Jack explains how a US version of the recently announced Eurozone's Financial Transaction Tax could raise more than $800 billion a year in new tax revenue. Jack and host discuss the limits of central bank monetary policy, 'Quantitative Easing', and why it's failing worldwide.

March 1, 2013 (17 min 25 sec)
Rasmus Interview with Radio Russia Today on March 1st Sequestration: MP3 | RealPlayer

Jack explains why the impact of sequestration will likely be greater than estimated in an already fragile US economy.

Alternative Visions' Radio Show
New York, February 6, 2013 (48 min 5 sec)

Jack Rasmus on GDP and the Slowing US Economy

Dr. Jack Rasmus offers an analysis of the current state of the US economy contrary to the hype of recent official and pro-business commentary. A closer look at the US economy at year end 2012 and projections for the next several months is the topic of discussion. Why did US GDP collapse last quarter? What will it look like going forward? Why the jobs numbers for January were in fact disappointing? Is there really a housing sector recovery underway? Dr. Rasmus will explain why the dual dangers of excess debt amidst declining household income for more than 100 million families is the real driver of the US economy and why the US economy will continue to 'bump along the bottom' and continue to stagnate.

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Other Voices TV, Where's the US Economy Headed?
Dr. Jack Rasmus is Interviewed by Host, Paul George,
Palo Alto, Calif., Feb 5, 2013 (56 min 49 sec)

Jack discusses the recent fiscal cliff deficit events and the upcoming further deadlines in Washington for more spending cuts on March 1, May 18, and after. The real causes of deficits and the debt and real situation concerning Medicare and Social Security are also discussed. Dr. Rasmus explains the recent very soft US economy GDP performance at the end of 2012, and why the very slow growth will likely continue. Jack notes his prediction of the past 18 months that the US and global economies in 2013 are drawing nearer to a double dip recession

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Seven Interviews on the Fiscal Cliff

Washington DC, Chicago, Pittsburg and San Francisco Radio Stations, Nov. 11-Dec. 29, 2012

Jack Rasmus explains in the following multiple radio interviews across the country why a deal on the fiscal cliff will occur, evolving in at least three stages between now and next summer. Obama has big business in his corner and together they will pressure the US House of Representatives to back off and accept a tax hike for the rich. In exchange, Corporate America will get big corporate tax cuts.

Dr. Rasmus on the Fiscal Cliff,
Alternative Visions Radio Show,
on the Progressive Radio Network, NY, Nov. 28, 2012 (49 min 8 sec)

The Coming Fiscal Cliff Deal In Congress

On his radio show, Alternative Visions, Rasmus explains the history of deficit cutting in the US since 2010 and why his prediction of a coming deal on the Fiscal Cliff will happen. Corporate CEOs will increasingly align with Obama against US House radicals to get a deal for the President, in exchange for big corporate tax cuts. The brunt of the Fiscal Cliff deal will impact Medicare, Medicaid and other social program spending. Income tax hikes on the rich will be minimal and mortgage deduction limits will begin to bite the middle class.

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Alameda Public Affairs Forum,
November 10, 2012 (55 min 37 sec)

Predicting the Fiscal Cliff Outcome

Jack provides his analysis of the current 'Fiscal Cliff' negotiations underway in Congress between Obama and US House Republicans, that will determine the future of US 'austerity' programs in 2013 and beyond. Jack makes several specific predictions of the possible and most likely outcomes, none of which will change the basic trajectory of the US economy in 2013-14 and the drift toward a new global recession now occurring.

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The Presidential Election, Candidates Programs, and Predictions

Jack is interviewed by Chris Moore, KDKA Radio, Pittsburg, PA, on Nov. 4,
and by Steve Lendman, PRN, on New York, Oct. 27

Jack discusses with both hosts the recent presidential debates, similarities and differences between the two candidates' economic programs, how the electoral votes by states are likely to turn out, and the real economic program coming with the post-election fiscal cliff negotiations between both parties regardless who wins in November.

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1. Oct 27, 2012 Steve Lendman (52 min 35 sec):   MP3  |  RealPlayer
2. Nov 4, 2012 Chris Moore (32 min 20 sec):        MP3  |  RealPlayer

Jack Rasmus Interviewed by National Progressive Talk Radio on the U.S. Economy,
October 14, 2012 (58 min 47 sec)

NPTR Host, Sean Prophet, Discusses Obama's Economy with Jack Rasmus

Dr. Jack Rasmus discusses the state of the US and global economies with host, Sean Prophet, and his most recent book, 'Obama's Economy: Recovery for the Few'. Jack explains why, after $13 trillion in bank bailouts, business tax cuts, and spending, the economy of the past four years has been 'stop-go' at best. Jack critiques the election year economic programs and proposals of the two presidential candidates, Obama and Romney, in detail--expanding upon the topic recently presented on Jack's new radio show, Alternative Visions, on PRN.FM. Jack explains what's behind all the talk about 'fiscal cliff' and how the elites of both parties, Democrats and Republicans, are cooking up a US version of austerity that will be revealed after the November US elections regardless who wins the US presidential race".

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Palo Alto Community Center Presentation on the Economy,
June 13, 2012 (1 hr 25 min)

"Jack Rasmus On the Current US Economic Slowdown and his Book, Obama's Economy"

Sponsored by the Peninsula Peace & Justice Center, Jack Rasmus provides a 1 hour, 25 minute, presentation on the state of the US economy three years after the recession officially was to have ended. Based on material in Jack's new book, Obama's Economy, Jack explains why US economic recovery will continue to lag and why risks of double dip in 2013 are rising.

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(Note: This audio presentation is also available on video DVD, along with a 66-slide Powerpoint slideshow, when purchased together with Jack's book, Obama's Economy. Click here to view the homepage of this website and the buttons for ordering the DVD + Powerpoint file with the book. All three -- book, DVD, and slides -- only $27.50 plus shipping.)

Alameda Public Affairs Forum, Alameda, CA,
June 9, 2012 (1 hr 13 min 38 sec)

"Why the U.S. Economy At Mid-Year 2012 Is Faltering Again," Rasmus's Predictions in His Latest Book, Obama's Economy: Recovery for the Few, Are Coming True.

Jack provides a full overview of his book, Obama's Economy, released this past April, that predicted the current phase of the U.S. and global economies' growing instability. He covers the reasons for the faltering recovery, the failure of policies to date, and predicts the likely double dip recession in 2013. He then explains how his own Alternative Program for Economic Recovery could solve the problems.

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Alameda Public Affairs Forum, Alameda, CA,
October 8, 2011 (1 hr 6 min 12 sec)

Jack Speaks Again at the Alameda Public Affairs Forum on the US Economy: Obama's Jobs Program, Emerging Double Dip Recession, and Global Economy on the Brink.

Jack provides an detailed explanation why the US economy has not, and will not soon, recover and why it is undergoing an 'economic relapse' that will eventually result in a double dip recession. He explains why Obama's three recovery programs have failed; who benefited and who didn't after 2009; why the recovery to date has been the weakest on record since 1945; and explains the real causes of the deficits and debt. He concludes with an explanation of the slowing global economy and the emerging banking crisis in Europe, and what kind of alternative recovery program is necessary.

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Peninsula Peace and Justice Center Community TV, Palo Alto, CA,
with host Paul George: the Coming Double Dip Recession and Euro Debt Crisis
September 6, 2011 (56 min 41 sec)

Jack is interviewed by TV host, Paul George, on whether the US economy will slip into another 'double dip' recession, and the status of jobs and other US economic indicators, which he predicts will result in a double dip in 2012 or 2013. Jack also discusses the growing debt crisis in Europe, now morphing into a bank crisis there, and its possible impact on the U.S. economy in the months ahead.

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KGO-AM Radio, San Francisco, CA,
with host Pat Thurston: The Debt-Ceiling Deal
August 1, 2011 (31 min 10 sec)

Jack provides an analysis of what looks like a debt ceiling deal, predicting it will have little effect on the real economy, which is rapidly weakening. Jack takes audience questions on the debt deal and economy.

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Why Is There No Recovery for Main Street?
A Talk Sponsored by the Peninsula Peace and Action Committee, Palo Alto, Calif., April 28, 2011 (1 hr 13 min 2 sec)
Jack explains why the Obama 'Recovery' of the past two years has benefited banks, corporations, and the wealthiest households but not workers, homeowners, and the rest of us.

He provides economic detail why Obama fiscal stimulus has not worked and why the Federal Reserve's monetary policies of QE1 and QE2 have benefited the stock market, global commodity speculators, and wealthy investors. There has been no jobs program or recovery, home foreclosures continue to rise, and States and Cities are cutting jobs and services. He warns of the coming right wing attack on social security, medicare and medicaid as the next corporate driven offensive and more tax cuts for corporations and the rich.

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(See also the video version by clicking here.)

An Alternative Program for Economic Recovery
A Presentation to Teamsters Local 808 in New York City
March 19, 2011 (46 min 17 sec)
Jack talks to the Teamsters Membership About What Programs Are Necessary
for Recovery for All

Jack lays out specific proposals for creating jobs, saving homeowners from foreclosure, solving the fiscal crisis of states and cities, and the deficit that are not being discussed by Democrats and Republican politicians. He stresses it's time to take action, and not just more talk.

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(See also the video version by clicking here.)

Jack Rasmus discusses the 'Foreclosures and Housing Crisis'
An Interview on KGO 810AM Talk Radio with Host Pat Thurston
Wednesday, April 6, 2011

In a follow-up interview, Jack shows how the foreclosures and housing crisis is really the consequence of the recent deep economic recession and weak economic recovery.

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Jack Rasmus discusses the 'Public Pensions Funding Gap'
An Interview on KGO 810AM Talk Radio with Host Pat Thurston
Tuesday, March 22, 2011

Jack shows how the public employee pensions crisis is really the consequence of the recent deep economic recession and weak economic recovery, pension fund managers' speculative investing practices, pension fund contribution 'holidays', negligent and fraudulent practices and not caused by excessive pension benefits by the vast majority of public employees.

COMING SOON!

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Jack Rasmus Analyzes "Obama's Failing Recovery"
A Presentation to the San Mateo Peace Action Group
October 10, 2010 (59 min 34 sec)

In a major public presentation, Jack explains why the economic recovery clearly began to falter since this past summer. As predicted in his new book, EPIC RECESSION, the jobs and housing markets continue to decline, while the rest of the economy also is now slowing once again. Jack discusses the relationship of the slowdown to "Type I" epic recessions, the Fed's upcoming moves, and growing global currency competition.

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Jack Rasmus explains his new book, 'Epic Recession', and future
predictions for the economy:
A Presentation to the Alameda Public Affairs Forum,
June 12, 2010 (1 hr 43min 16 seconds)

Jack provides a full overview of his recent book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION, summarizing his predictions for 2010 and to come in 2011-13. An Epic Recession is not a normal recession and may yet descend into global depression. The emerging double dip confirms another step on the latter trajectory.

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Jack Rasmus Explains How His Book, 'Epic Recession', IS Predicting the Current Economy
A talk with TV Host Paul George, of Channel 27
May 4, 2010 (58 min.)

Jack explains how the current crisis is following the trajectory of what he calls 'Epic Recession', in his new book being released May 11, 2010. Jack discusses how the present 'recovery' in the US cannot be sustained without conclusively addressing the 25 million jobless and 7-10 million foreclosures, how US banks are lending to speculators again and not to create jobs,and what the emerging crisis in Greece and Europe (and soon China) will result in a renewed intensity of the crisis, which has many similarities historically to prior crises in 1907 and 1929, and unlike other post-1945 recessions. Jack predicts (on May 4) the stock markets will correct another 15-20% and housing prices will resume falling.

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Economic Crisis v. Economic Empire:
End of the Beginning and Beginning of the End
Keynote speech to Ecumenical Peace Institute, October 25, 2009 (43 min)

Jack Rasmus talks about the potential impact of the continuing U.S. economic crisis on the future of the American Empire. The possible effects of the coming multi-trillion dollar U.S. Budget deficits on U.S. dominance of international economic institutions and the role of the dollar as a global currency. Will it continue? Or collapse? Jack explains why and why not, and the centrality of the U.S.-China economic relationships.

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Order an Video DVD of the presentation. See the Videos page.

Origins of the Economic Crisis
And Program for Long-Term Recovery
May 16, 2009 (1 hour 19 min 55 sec)

As a follow up to the May 9 Central Labor Council Teach-In on the Economic Crisis, Jack Rasmus provides an hour-and-a-half follow-up workshop on the economic crisis, how it originated, where it's going, and what can be done. Jack traces the crisis from the 1980s and the growing income inequality, speculative investment, and growing financial and economic instabilitiy of the past thirty years in a comprehensive and broad overview of the crisis.

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Order an Audio CD set of the presentation for $10 plus $3 shipping and handling.

Are We On the Brink of Depression?
Jack Rasmus Explains 'Why and Why Not' at the Left Forum in New York,
April 18, 2009 (23 min)

Jack Rasmus puts the current financial and economic crisis in historical perspective, explaining how the Great Depression of the 1930s is similar and different from the 'Epic' Recession of today. He clarifies various myths about the Great Depression and confusions among economists and the left today on the nature of the current economic crisis., why the Obama bank bailout will fail, and why official talk of 'green shoots' of recovery now allegedly emerging will prove wrong. Jack further critiques the Left for not focusing enough on proposals and program for addressing the crisis, and discusses some of his ideas about a new kind of banking structure that needs to emerge.

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Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Jack Rasmus Explains the True Economic Cost of the War
Presentation to US Labor Against War at SEIU Union Hall;
March 19, 2009 (30 min)

Dr. Jack Rasmus explains how the true cost of war since 2003 is now approaching $4 trillion. He compares that cost to an additional $6 trillion cost of bank bailouts since 2007 and a further $4 trillion hidden in offshore tax havens by corporations and wealthy investors. He explains how the same business groups benefits from the fourteen trillion dollars, while 90 million plus middle and working class American families earning less than $80,000 per year pay the lion's share of the bill.

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Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Will the Obama Economic Recovery Plan Succeed?
Presentation at the Alameda Public Affairs Forum, February 28, 2009 (57 min)

Dr. Jack Rasmus provides a comprehensive analysis and critique of the 5-Part Obama Economic Recovery Plan. Rasmus discusses the $787 Billion Stimulus Package, the PPIF and TALF Bank Bailout proposals, the Housing Affordability Plan, and the early 2009 Obama Budget and Tax proposals. Dr. Rasmus makes predictions for the U.S. and global economy for 2009 and beyond.

Click on the image on the right to play the MP3 version of the 53 minute talk. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Jack Rasmus speaks to the Labor Party about a Program for Economic Recovery, San Jose, CA, Nov. 13, 2008

Jack explains the broad picture of the current economic crisis and its root causes in growing income inequality in America, runaway financial speculation, and the policies of corporate America and its allies since 1980. He then provides a 15 point program for addressing the crisis and the rapidly deepening recession.

Click on the image on the left to play the MP3 version of the 53 minute talk. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

The Speculative Investment Origins of the Financial Crisis,
Presentation to the San Mateo Peace and Justice, Unitarian Church

Dr. Jack Rasmus explains how the roots of the current financial crisis lie in the structural changes in Finance Capital since the 1980s, the shift toward speculative investment, and the accumulation of nearly $30 trillion in banking and corporate debt. The Debt unwinding is causing deflation, defaults, and a rapid descent into Epic Recession. Dr. Rasmus critiques the Obama program as fundamentally incapable of containing the deepening crisis.

Click on the image to play the MP3 version of the 1 hour 22 minute talk. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

The Banking Panic of 2008 and Deepening Economic Crisis,
Presentation at St. Mary's College, Moraga, CA

Dr. Jack rasmus explains why the root causes of the financial crisis lie deeper than just financial deregulation or the past monetary policies of Greenspan-Bernanke — ie. in the changing structure of 21st century Finance Capital. global Income Inequality trends, and the explosion of Speculative financial forms. He explains why the current liquidity solution policies of Treasury Secretary, Paulson, and Fed Chairman, Bernanke, have failed to date and will continue to do so. Prof. Rasmus then presents his own 12-Point Program for containing the crisis and emerging Epic Recession.

Click on the image to play the MP3 version of the 1 hour 9 minute talk with audience questions and answers. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Financial Crisis & Epic Recession,
Presentation at the Alameda Public Affairs Forum

Dr. Jack Rasmus explains the current financial crisis, its historic origins going back to the 1980s as well as more recent origins since 2001 as a consequence of Bush policies. Hear how the crisis is much more than a housing market collapse, how it has spread to numerous credit markets in the U.S. and globally, and how it is being transmitted during 2008-09 to the real economy globally producing what Dr. Rasmus calls an Epic recession — a new event unlike any seen since the 1930s; not a typical recession and not yet depression. Hear how the ultimate origins of the crisis and recession lie in the $30 trillion plus debt accumulated by government, business and consumers since 1980 as the U.S. economy has entered a period of long term decline.

Click on the image to play the MP3 version of the 1 hour 55 minute talk with audience questions and answers. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Trillion Dollar Income Shift,
Presentation at the Alameda Public Affairs Forum

Dr. Jack Rasmus addresses the root causes of accelerating income inequality in the U.S. since the late 1970s. Hear how today more than $1 trillion in income every year is being shifted from the roughly 91 million American households earning less than $80,000 to the wealthiest 1 million households of millionaire and billionaire investors and their corporations. Rasmus shows how the $1 trillion annual income shift has been caused by the accumulated policies of corporate America and political administrations from Ronald Reagan, George Bush, Bill Clinton and George W. Bush. The presentation identifies specific dollar amounts contributed by each of the policies and considers the long term consequences for the U.S. and global economies, financial instability, and global recession.

Click on the image to play the MP3 version of the 1 hour 42 minute talk with audience questions and answers. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

The War At Home: Economic Class War in America
Presentation at the Alameda Public Affairs Forum

Dr. Rasmus describes the radical restructuring of the economy and polity in the U.S. by corporate America and its political allies, which began in the late 1970s and continues to the present. The fourth such restructuring in the course of the last century, Rasmus describes in detail, from 1978 to 2005, how fundamental shifts have occurred in corporate-government policies involving shifting of tax burdens, free trade, deunionization, industrial and financial deregulation, a thirty year pay freeze, replacement of regular with part time-temp jobs, job offshoring, health care benefits reduction and cost shifting, destruction of traditional pensions, and the theft of the $4 trillion social security surplus. Rasmus provides specific proposals for reversing the policies and discusses the organizational crisis of American unions.

Click on the image to play the MP3 version of the 1 hour 43 minute talk with audience questions and answers. Click here to listen to the Real Audio version.

Order an Audio CD set of the presentation for $9 plus $3 shipping and handling.

Million Worker March Forum,
Teamsters Hall, Washington D.C.

Jack speaks on the current Corporate Offensive against unions and workers in America to a gathering of Teamsters and other unionists on the eve of the Million Worker March, 2006, in Washington, D.C.

Jack discusses corporate and government policies that have been designed to effectively destroy the American trade union movement. Approximately 40 minutes presentation.

Click on the image to play the MP3 version of the interviews with audience questions and answers. Click here to listen to the Real Audio version.

Radio Interviews  Jump to full-length talks

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KGO Talk Radio Interviews Dr. Rasmus on Fiscal Cliff - November 24 and December 22, 2012

Dr. Jack Rasmus Explains the Fiscal Cliff Negotiations in Washington and Its Impact

Jack explains to host, Pat Thurston and KGO audience, why a deal on the 'Fiscal Cliff' will now happen, as corporate CEOs align behind the president to force House of Representatives right wing to agree. Dimensions of the eventual deal are outlined.

Click on the audio format of your choice, either MP3 or RealPlayer
1. Nov 24, 2012 (39 min 24 sec)   MP3  |  RealPlayer
2. Dec 22, 2012 (36 min 30 sec)   MP3  |  RealPlayer

Progressive Radio Network, New York, with host Stephen Lendman - June 30, July 28, and August 25, 2012

Jack discusses the rapidly evolving crisis in the Eurozone

Host Stephen Lendman interviews Jack Rasmus on his recent blog and website articles analyzing the recent, rapid deterioration of the Eurozone banks, periphery governments, and emerging European recession. Spain, Greece, and Italy are the focal point of discussion explaining what Jack calls the 'triple crisis' now emerging there that is increasing the risk of a global economic slowdown and double dip recession.

Traven Leyshon WDEV Radio, Burlington, VT
May 28, 2012 (23 min 52 sec)

Jack's new book, 'Obama's Economy: Part 1', is discussed with Traven Leyshon

Jack and Traven discuss the eight reasons cited in the book why Obama's three recovery programs since 2009 have not succeeded in generating a sustained economic recovery. Jack's analysis in the book, completed last November 2011, predicted the course of economic events now unfolding in the USA and the Eurozone.

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The Chris Moore Show KDKA Drive-By Radio, Pittsburg, PA
May 20, 2012 (19 min 39 sec)

Jack Rasmus Interviews with Host, Chris Moore, on the Slowing US Economy in 2012

Jack highlights the slowdown in US GDP in 2012 and Discusses his new book, 'Obama's Economy: Recovery for the Few', published this April 2012, which predicted and explains why the US economic recovery is still not occurring for most.

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5 Interviews with Progressive Radio Network's Steve Lendman Show, January-May 2012, on the Evolving Economy

Jack Rasmus on the US Economy from Winter 'Rebound' to Spring 'Relapse'

Jack is interviewed with host, Steve Lendman, on topics ranging from why the winter rebound of the US economy is statistically doubtful and not sustainable, to the emerging deeper Eurozone crisis, and why Jack's just released new book, 'Obama's Economy: Recovery for the Few' predicted it all. Jack explains why a double dip recession in 2013 is more likely than ever.

The Gary Null Show WBAI Radio, New York
Jan 19, 2012 (19 min 22 sec)

Jack is interviewed by progressive radio host, Gary Null, on the US Jobs and GDP numbers

Jack explains why the current job numbers reported by the labor department are statistically overestimated in the winter period. He predicts job numbers will significantly decline this coming spring, April-June, just as they have for the last three years.

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Clearing the Fog, with Kevin Zeese and Margaret Flowers, WPWC Radio, Washington, D.C.
2012 (19 min 58 sec)

Jack discusses his forthcoming book, 'Obama's Economy: Recovery for the Few', with hosts Zeese and Flowers

Jack explains why economic recovery is still lagging in the U.S. and predicts it will continue to do so up to the November 2012 elections. Jack and hosts focus in particular on the last chapter of the book and the author's own 'Alternative Program for Economic Recovery' that contrasts with Obama's.

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4 Interviews with Progressive Radio Network's Steve Lendman Show, September-December 2011

Jack Rasmus discusses the evolving US economy, from the summer 2011 stall and relapse to Obama's 3rd Recovery Program proposals and the Congressional Supercommittee's November 2011 decision to 'kick the can down the road' during the election year 2012.

Building Bridges, with Nash and Mimi Rosenberg, WBAI
August 8, 2011 (13 min 42 sec)

Jack provides specific explanations why a double-dip recession is now emerging, and why the jobs numbers are worse than reported. He gives a step-by-step narrative of the recent deficit-debt fiasco in Washington and predicts what's next.

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Beneath the Surface, Suzi Weissman, KPFK
July 15, 2011 (17 min 50 sec)

Jack provides an update on where budget talks are headed. He predicts there will an all-spending cuts deal and no default in the end.

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WDEV Equal Time Radio, Traven Leyshon, Burlington, VT
April 21, 2011

Jack speaks with host Travis Leyshon of Burlington Radio about the recent jobs numbers and Teaparty efforts to reduce the budget by $29 billion, and what's coming after that.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
March 26, 2011

Jack provides an alternative explanation for the growing funding gap in public employee pensions, showing how it's not benefit increases but the recession, pension managers' negligence and speculative investment losses, decades of 'contribution holidays' failing to put money into the pension funds, and fraudulent actuarial assumptions that account for the shortfall in pension funding.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
February 26, 2011

Host Steve Lendman and Jack discuss the attacks on public workers and the growing fiscal crisis of state and local governments in the U.S.; Jack provides critical comments on President Obama's recent speech to the US Chamber of Commerce.

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WDEV Equal Time Radio, Traven Leyshon, Burlington VT
February 1, 2011

Jack interviews with Travis Leyshon, discussing the jobs picture at the start of the new year, and his article, 'How to Create 15 Million Jobs', forthcoming in the February issue of 'Z' magazine.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
January 29, 2011

Jack is Interviewed on President Obama's State of the Union speech and what it means for economic recovery and the triple crises in jobs, home foreclosures, and state and local government finances; and Jack's latest feature article in January, 'Obama's Horns and Predictions for 2011.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
December 18, 2010

Host Stephen Lendman interviews Jack about the state of the economy.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
November 20, 2010

Host Stephen Lendman interviews Jack about the state of the economy.

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WDEV Equal Time Radio, Traven Leyshon, Burlington VT
September 28, 2010

Jack explains why the Obama 2009 stimulus was never designed to create jobs and save homeowners, but to temporarily buy time by the Obama administration in expectation of markets taking over after the stimulus, banks lending, and private businesses creating jobs. The problem: banks didn't lend and businesses didn't invest or create jobs, despite trillions of dollars in bailouts.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
September 25, 2010

Host Stephen Lendman interviews Jack about the state of the economy on the eve of the mid-term elections. Jack discusses the growing debates over deficits and stimulus,both in the US and Europe, and the shift of the Obama administration toward more tax cuts for business as the economic recovery in the US has begun to fade over the summer. How and why the jobs and housing foreclosure twin crises continue to deepen.

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KDKA Drive By Radio, Chris Moore Show, Pittsburg, PA
October 13, 2010

Jack joins Chris Moore to break down the current state of the economy and offer some possible solutions.

Listen here.

WBAI-New York City, The Law and Disorder Show with Hosts Michael Ratner and Mike Smith
September 6, 2010

Jack is interviewed by New York host, Mike Smith, 'Law and Disorder Radio', explaining the unique analysis in his new book, EPIC RECESSION, and how it predicted the economic crisis as it has evolved since 2007. Jack makes further predictions for the remainder of 2010 and beyond.

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KDKA Drive By Radio, Chris Moore Show, Pittsburg, PA
August 29, 2010

Jack is back with host Chris Moore once again to discuss the weakening of the economy over the summer. What are the solutions? Prof. Rasmus argues that more of the same tax and spending policies won't create a sustained recovery in jobs and end the depression in housing and falling home prices. He explains the need for banking and other economic restructuring proposals in his book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION.

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PROGRESSIVE RADIO NETWORK, Steve Lendman Show
August 28, 2010

Jack continues his monthly interview with host, Stephen Lendman, and explains why the economy is slipping, as predicted in his book, EPIC RECESSION. The economy is deeply 'consumption fragile', he notes, and the financial system continues to remain financially fragile as well. European banks are the now the weak link financially. U.S GDP will continue to slow into 2011, as temporary factors responsible for the weak recovery of the past year, 2009-2010, fade and the global economy slows as well.

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KPFK, Beneath the Surface with host Suzi Weissman
August 27, 2010

Jack returns for a brief interview with Suzi Weissman discussing the rise in joblessness once again, and critiques the recent financial reform bill, noting how derivatives trading and speculative investing, at the core of the current crisis, are left virtually untouched in the bill.

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WDEV Equal Time Radio, Traven Leyshon, Burlington VT
August 3, 2010

Jack continues explaining EPIC RECESSION in a follow-up to an earlier interview with host Traven Leyshon in June. (see below). He explains why Ben Bernanke and the US Federal Reserve are becoming increasingly nervous about the direction of the economy. Pumping more money into banks won't result in more bank lending to small and medium US businesses, with banks now sitting on reserves of more than $1 trillion already. More tax cuts for business won't create jobs, with big businesses sitting on more than $1.84 trillion already. Giving more money to business and banks has already failed to produce results.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
July 28, 2010

Host Stephen Lendman interviews Jack in a continuation of explaining the theory beyond Jack's analysis of the current crisis, in his just-released book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION.

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Labor Express Radio, Jerry Mead-Lucero, Chicago
July 19, 2010

Jack is interviewed by host of Labor Express Radio, Chicago, Jerry Mead-Lucero. He discusses in detail the main arguments of the book, focusing on the concluding chapter about his 28 proposals necessary to create sustained economic recovery.

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KDKA Drive By Radio, Chris Moore Show, Pittsburg, PA
June 16, 2010

Chris Moore talks to Dr. Jack Rasmus about the “epic recession” we are experiencing now.

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WDEV Equal Time Radio, Traven Leyshon, Burlington VT
June 16, 2010

Traven discusses with Jack his just-released new book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION. Jack explains his analysis, which runs counter to current official and business hype that the economy is in recovery. He explains how the recent jobless numbers are really much worse than has been reported, due to government statistical techniques, and that unemployment will worsen again even officially in the second half of the year.

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PROGRESSIVE RADIO NETWORK, Steve Lendman Show
March 27, 2010 and April 24, 2010

Jack is interviewed by host, Steve Lendman, in two parts, on April 24 and March 27. He discusses the real facts behind current unemployment, pending Congressional efforts to regulate the banks, the growing fiscal crisis in Europe and U.S. states, and how his recent book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION, provides a new approach to explaining it all, while offering a 28 point program for recovery.

Click on the following links to listen to these interviews:
March 27, 2010:  mp3 format | Real Media Format (56 min 10 sec)
April 24, 2010:     mp3 format | Real Media format (51 min 30 sec)

KPFK, Beneath the Surface with host Suzi Weissman
Radio interview, April 9, 2010 (Length: 15 min 29 sec)

Jack Rasmus returns to KPFK-Los Angeles in an interview with Suzi Weissman, discussing the recent jobless numbers and his new book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION.

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The Continuing Economic Crisis and Healthcare Reform:
Three Radio interviews at Year's End, 2009

Jack Rasmus gives end of month interviews with Republic Broadcasting host, Steve Lendman, on the economic crisis: November 27 and December 30. Jack is also interviewed by KPFK-Los Angeles host, Hamid Khan on December 28, discussing health care reform pending in Congress and the general economic crisis.

Click here to listen to these interviews:
November 27, 2009: mp3 format | Real Media format (43 min 58 sec)
December 28, 2009: mp3 format | Real Media format (17 min 50 sec)
December 30, 2009: mp3 format | Real Media format (44 min 25 sec)

'The Economic Crisis and Future of the Dollar'
Republic Broadcasting Radio Interview with Host Steve lendman, October 31, 2009 (length: 44 min 9 sec)

In the latest regular monthly interview with Republic Broadcasting Jack explains why the current 'recovery' is weaker than many pundits and the press are now trumpeting. He also places talk about the collapse of the dollar in a more realistic perspective, arguing a collapse is not imminent but a long run, steady decline is in the cards.

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'What the Latest GDP Statistics for the U.S. Don't Tell You'
Beneath the Surface radio show with host, Suzi Weissman, Los Angeles, October 30, 2009 (length: 11 min 16 sec)

Jack discusses the economy once again with KPFK-Los Angeles host, Suzi Weissman, explaining why the banking system is still fragile. Jack predicts that 700 banks will fail in the US over the next 15 months, and that the commercial property markets will become another 'subprime' crisis.

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'Why the FDIC is Going Broke'
Beneath the Surface radio show with host, Suzi Weissman, Los Angeles, October 12, 2009 (length: 18 min 4 sec)

Jack discusses the economy once again with KPFK-Los Angeles host, Suzi Weissman, explaining why the banking system is still fragile. Jack predicts that 700 banks will fail in the US over the next 15 months, and that the commercial property markets will become another 'subprime' crisis.

Click on the radio image to play the MP3 version of the interview. Click here to listen to the Real Audio version.

'Why the Banks Are Still in Serious Trouble'
Labor Express Radio, Chicago, October 11, 2009 (length: 30 min 50 sec)

Jack is interviewd by host Jerry Mead-Lucero of Chicago's Labor Express Radio. He explains the condition of the US economy and why recovery cannot occur so long as job losses exceed 20 million and home foreclosures approach 8 million. The economy is not experiencing a sustained recovery and will slow in 2010, Jack argues. He describes a radical plan to restructure the US banking system.

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Jack Explains Why the Economic Crisis has not yet 'Recovered'
Republic Broadcasting Radio Host, Steven Lendman, August 31 and September 25, 2009 (length: 1 hr 25 min 11 sec)

Jack discusses the current recession with host, Stephen Lendman, and explains why the economic crisis in its most important fundamentals has not ended. THere can be no recovery, Jack adds, with more than 20 million jobless and rising and with home foreclosures projected to rise to 8 million. Jack focuses on the recent meetings with Treasury Secretary Geithner in China and the basic shift in policy by Fed Chairman, Ben Bernanke, toward protecting the U.S. dollar.

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Republic Broadcasting, Chicago Interviews Jack Rasmus
Radio Host, Steven Lendman, July 24, 2009 (length: 44 min 5 sec)

Jack returns to Republic Broadcasting to discuss the press hype about 'green shoots' and economic recovery, and explains why 22 million jobless by year end, 10 million foreclosures, and continuing collapse of consumption, investment and exports means recovery is not around the corner despite all the hype.

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Is the Crisis Really Over?
Los Angeles Radio Show, "Beneath the Surface" Interviews Jack Rasmus
July 20, 2009 (length: 18 min 50 sec)

Jack explains why the continuing foreclosures and many months more of job losses will mean no recovery is on the horizon.

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Pacifica Radio Plays Excerpts From May 16 Labor Workshop
Jack Rasmus's May 16 Presentation on KPFA Radio
July 20, 2009 (length: 31 min 55 sec)

Jack's May 16 San Francisco Central Labor Council workshop presentation on the economic crisis is featured on KPFA Radio's Against the Grain show hosted by C.S. Soong.

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Jack Rasmus on 18 Reasons Why the Economic Crisis Will Continue,
An interview with Republic Radio host Stephen Lendman,
June 19, 2009 (length: 44 min 18 sec)

Jack summarizes his forthcoming 'Z' magazine article and 18 reasons why the current economic crisis is not yet over. He also explains the strategic significant of Geithner's early June visit to China and why it was timed with testimony by Federal Reserve chairman, Ben Bernanke, to Congress on the same day. The Geithner visit means the Obama administration has decided to protect the value of the U.S. dollar at the expense of domestic U.S. economic recovery if necessary.

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Dr. Jack Rasmus Discusses the latest events of the current economic crisis,
An interview with KPFA host C. S. Soong,
Berkeley, June 16, 2009 (length: 25 min 39 sec)

Jack discusses the latest events of the current economic crisis with C.S. Soong, on his show, 'Against the Grain', explaining why the economy is not in recovery. Based on his forthcoming 'Z' magazine article for July 2009, Jack provides a dozen or more reasons why both the real and financial economy will continue to deteriorate. He explains the why Treasury Secretary, Geitner's, recent trip to China represents a strategic turning point for U.S. Capital, and its shift to support the U.S. dollar at the expense of domestic U.S. economic recovery.

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Four Radio Interviews on the May 9 Labor Council Teach-In

Dr. Jack Rasmus is interviewed by four radio stations, reporting on the May 9 historic Teach In on the economic crisis organized and sponsored by five AFLCIO Central Labor Councils in San Francisco. As a keynote speaker, and economic advisor to the San Francisco Central Labor Council, Jack adds an update on the Obama-Geithner bank bailout events, including the meaning of the bank 'stress tests' and media and politician hyping about 'green shoots' recovery allegedly underway. Jack explains why the economy and financial sectors are really continuing to deteriorate beneath the surface. Jack elaborates on his idea of converting the banking system into a regulated utility, beginning with the full nationalization of the residential mortgage markets and consumer credit markets.

• May 11, KPFK, Los Angeles, interview with host, Suzi Weissman.
  (15 minutes 41 sec) | MP3 version | Real Audio version |
• May 14, WDEV, Equal Time Radio, Vermont, interview with host, Travis Leyshon.
  (29 minutes 33 sec) | MP3 version | Real Audio version |
• May 15, Republic Broadcasting, US-Canada, interview with host, Stephen Lendman.
  (45 minutes 50 sec) | MP3 version | Real Audio version |
• May 17, KDKA Drive Time Radio, Pittsburg, interview with host, Chris Moore.
  (24 minutes 16 sec) | MP3 version | Real Audio version |

Jack Rasmus on KALW-SF Radio, Economic Crisis Teach-In Event
An interview with KALW's Art Persyko
San Francisco, May 7, 2009 (length: 8 min 20 sec)

Jack is interviewed about the latest economic crisis events. He explains why the residential mortgage markets should be nationalized, why the Obama bank bailout will fail, and why an alternative recovery program is needed. Jack will be a keynote speaker at the upcoming May 9th, 2009 San Francisco Union/Community Teach-In on the economic crisis, sponsored and endorsed by all the union central labor councils in the San Francisco Bay Area.

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Dr. Jack Rasmus Discusses Obama Bank Bailout and Why It Will Fail
An interview with Republic Broadcasting Host Steve Lendeman,
Chicago, March 20, 2009 (length: 45 min)

Rasmus explains the PPIP, TALF, and other provisions of the new Geithner plan and why the plan will ultimately fail. How the banks and other bailouts are repeating errors of the past Bush administration, how the bankers are planning to 'game the system' to get even greater subsidies from the taxpayer, and what kind of new banking structure is needed.

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WBAI-New York City, The Law and Disorder Show with Hosts Michael Ratner and Mike Smith
March 2, 2009 (length: 23 min 6 sec)

Jack discusses his 20 Point Economic Recovery plan submitted to the US House of Representatives Finance Committee. He explains why far more government spending is needed to stop the accelerating loss of jobs and deepening downturn of the real economy in the US. He explains why a nationalization of the residential mortgage market is the only real solution long term to the collapse of housing prices and the deepening financial and banking crisis in the U.S. Further long term restructuring of income distribution via single payer, national retirement pool, and other measures are explained.

Click on the image to play the MP3 version of the interview. Click here to listen to the Real Audio version.

WDEV Equal Time Radio, Burlington, VT with Host Traven Leyshon
February 18, 2009 (length: 38 min 33 sec)

Jack discusses the Obama stimulus plan and explains his own 20-point alternative program for economic recovery, focusing on jobs creation spending of $1 trillion and a nationalization of the residential housing mortgage markets.

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Jack Rasmus explains his 20 Point Economic Plan, LaborExpress Radio, Chicago
February 7, 2009 (length: 36 min 33 sec)

Jack explains in detail his 20 point economic recovery plan, and how it differs from the Obama program bills working their way through Congress. Rasmus explains how a minimum $1 trillion government spending program is needed to recover the total 10 million new jobs that will be lost in 2008-09, and how another $1 Trillion is needed to save millions of homeowners from foreclosure by nationalizing the residential mortgage and small business markets in the U.S.

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Jack Rasmus interviewed on Pittsburg, PA radio, KDKA,
January 24, 2009(length: 35 min 45 sec)

Jack Rasmus is interviewed by KDKA Pittsburg, PA host, Chris Moore, and discusses the first outlines of the forthcoming Obama economic recovery plan, then explains his own proposals for recovery sent to the U.S. House of Representatives Finance Committee.

Click on the image to play the MP3 version of the interview. Click here to listen to the Real Audio version.

On the Epic Recession and Jack's 20-point Economic Recovery Program, Jack Rasmus speaks with Republic Broadcasting Network host, Steve Lendman,
in Chicago, January 12, 2009 (length: 35 min 42 sec)

Jack and Steve Lendman cover topics of the continuing surge in job losses in December and the outlook for 20 million more unemployment in 2009, characteristics of Epic Recession and Depression, and Jack's 20 point Economic Recovery Program submitted to Congress.

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On the Worsening Economy, Jack interviews with KDKA Radio Host Chris Moore
December 7, 2008 (length: 40 min 13 sec)

Jack discusses with Chris Moore the rapidly deteriorating economic condition in the US and record jobless surge in November. What will the Obama recovery program look like in 2009?

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On the Auto Bailout, Dr. Jack Rasmus Joins KPFK-LA Host, Suzi Weissman,
December 8, 2008 (length: 20 min 18 sec)

Jack discusses the auto bailout debate in Congress, and explains why Republicans and the big banks and their lobbyists are pushing to block any rescue of the auto companies. The real target is the dismantling of what remains of the auto workers' contracts, in particular their remaining pension plan. Jack then very briefly outlines his program for economic reform.

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On the Economist, Hyman Minsky, Deflation and the Continuing Financial Crisis
Jack Rasmus interviews with KPFK, Los Angeles, radio host, Suzi Weissman, November 17, 2008 (length: 18 min 18 sec)

Jack talks on the theories of economist, Hyman Minsky, and explains why solutions proposed by Treasury Secretary Paulson have failed. The key to the current crisis, Jack argues, is understanding the relationship between speculative investment, debt, deflation, and the deepening credit crunch now leading to a new wave of corporate and consumer defaults. It's 1930-31 and not yet 1933-34. A second, even more serious phase of financial crisis is brewing for late 2009. Meanwhile, the Obama team, he predicts, will see it more like 1993 than like 1933.

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What's Wrong with the $700 Billion Bailout?,
Jack Rasmus is interviewed by host, Chris Moore, of KDKA Radio, Pittsburg, Pennsylvania, October, 2008 (length: 55:12 minutes)

Jack explains and answers audience questions about that's wrong with the Paulson $700 billion bailout plan and how homeowners and consumers must be the focus of the bailout — not the banks.

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America's Failing Economy at Historic Juncture,
Jack Rasmus interviewed by Traven, on Equal Time Radio, on WDEV Radio, 96.1FM/550 AM, Vermont, 20 October 2008 (length: 33:47 minutes)

Jack Rasmus, economist and author of many articles on the U.S. economy, shares his analysis of how the real economy is accelerating into a deep recession behind the intensifying financial crisis and "Banking Panic of 2008" events of September-October.

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The Collapsing Financial System and the Election,
Jack Rasmus interviewed by Suzi Weissman, host of Beneath the Surface, on KPFK Radio, Los Angeles, September 2008

Jack is interviewed on the blowup of investment bank, Lehman Brothers, and Merill Lynch, and others and explains how current Federal Reserve and US Treasury strategies to contain the deepening financial crisis have failed and why the financial crisis will continue to deepen. Jack discusses how the crisis is leading to an Epic Recession in the real economy and coming mass layoff announcements. He draws parallels between today and the first banking crisis in 1930 during the Great Depresssion of that decade and predicts the government will soon seek a solution similar to the 1930s era Reconstruction Finance Corp.

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Is the Economic Crisis Over — Or Just Beginning?,
2 Interviews with audience Q & A, WDEV 'Equal Time Radio', Burlington, Vermont, June 16 and July 28, 2008

Jack Rasmus is interviewed by host, Travis Leyshon, on the class economic policies that have devastated American middle and working class incomes and standards of living. Rasmus explains how the same policies are largely responsible for the current financial instability in the U.S. that is now being transmitted into a new kind of epic recession in the U.S. and globally. He explains why predictions the economy is stabilizing are in error. Two interviews with audience Q & A.

Click here to hear the interviews, including audience Q&A:

• June 16, 2008; 22 minutes | MP3 format | Real Audio format |
• June 28, 2008; 49 minutes | MP3 format | Real Audio format |

Income Inequality in America,
Interview with host, Suzi Weissman, of KPFK Radio, Los Angeles, May 5, 2008

Jack Rasmus speaks with Suzi Weissman and her audience on the topic of growing income inequality in the U.S. and economic crisis. 20 minute interviews.

Click on the image to play the MP3 version of the interviews with audience questions and answers. Click here to listen to the Real Audio version.

Economic Class War in the U.S.: A Conversation with Dr. Jack Rasmus,
Interview with TakingAimRadio, WBAI Radio New York, April 10,17,24 2007

Jack Rasmus is interviewed by hosts Ralph Schoenman and Mya Shone on the cumulative economic policies that have devastated American households over the past three decades. Special focus is given to policies of pensions, retirement, and health care.

Approximately 2 hours of interview in three parts:
• Part one: general discussion. | MP3 format | Real Audio format |
• Part two: pensions. | MP3 format | Real Audio format |
• Part three: health care. | MP3 format | Real Audio format |

Click on the image to play the MP3 version of the 1.5 hour talk with audience questions and answers. Click here to listen to the Real Audio version.

Order a Audio CD set of the presentation for $9 plus $3 shipping and handling.

Building Bridges Show
with host Ken Nash, WBAI Radio New York, August 2006

Jack explains how the newly passed Pension Reform Act will actually accelerate the demise of defined pensions plans in the U.S., and not rescue them as claimed by politicians.

Click on the image to the left to hear the MP3 version of this interview. Click here to listen to the Real Audio version.

Wake Up Call Radio
with host Mimi Rosenberg, WBAI Radio New York, August 2006

Jack describes the long term dismantling of the private pension system of defined benefit plans in the U.S. and their replacement with 401K private plans that will provide virtually no retirement income.

Law and Disorder Radio Talk Show
with host Michael Ratner, WBAI Radio New York, August 2006

Jack discusses the corporate offensive against labor in America that has destroyed unions and lowered living standards for tens of millions of families and the policies that have brought it about since 1980.

Click on the image to hear the MP3 version of this interview. Click here to listen to the Real Audio version.

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Origins of the Economic Crisis And Program for Long-Term Recovery

Are We On the Brink of Depression?

Jack Rasmus Explains the True Economic Cost of the War

Will the Obama Economic Recovery Plan Succeed?

Jack Rasmus Speaks to the Labor Party About a Program for Economic Recovery

The Speculative Investment Origins of the Financial Crisis

The Banking Panic of 2008 and Deepening Economic Crisis

Financial Crisis & Epic Recession

Trillion Dollar Income Shift

The War At Home: Economic Class War in America