|
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.
Click on the image on the right to hear the MP3 version.
Click
here to listen to the Real Player version |
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.
Click on the image on the left to hear the MP3 version. Click
here to listen to the Real Player version OR
click here to jump to
a link to the video version of this interview. |
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.
Click on the image on the right to hear the MP3 version. Click
here to listen to the Real Player version. |
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.
Click on the image to hear the MP3 version. Click
here to listen to the Real Player version.
(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.
Click on the image on the right to hear the MP3 version. Click
here to listen to the Real Player version.
(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.
Click on the image on the left to play the MP3
version of the talk.
|
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!
Click here to listen to the Real Audio version
|
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.
Click on the image on the left to play the MP3
version of the talk.
|
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.
Click on the image on the right to play the MP3
version of the talk.
Click here to listen
to the Real Audio version
|
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.
Click on the image on the left to play the MP3 version
of the talk.
Click
here to listen to the Real Audio version.
|
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.
Click on the image on the right to play the MP3
version of the talk. Click
here to listen to the Real Audio version.
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.
Click on the image on the right to play the MP3
version of the talk. Click
here to listen to the Real Audio version.
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.
Click on the image on the right to play the MP3
version of the 23 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 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.
Click on the image on the right to play the MP3
version of the 30 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.
|
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. |
|
|
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.
Click on the radio image on the left to play the
MP3 version of this interview.
Click
here to listen to the Real Audio version of this interview. |
Labor Express Radio,
with Jerry Lucero
June 6 and July 25, 2011
Jack discusses what he sees as a coming double
dip recession and provides data to support the view. He also
analyses where the debt ceiling crisis is going, predicting
a solution by the August 2 deadline, but at a cost to Medicare
and Medicaid and with no tax hikes on the rich.
Click on the links on the right to play the
MP3 and Real Audio versions of these two interviews. |
|
MP3 format
- June
6, 2011 broadcast (49 min 3 sec)
- July
25, 2011 broadcast (33 min 12 sec)
Real Audio format
- June
6, 2011 broadcast
- July
25, 2011 broadcast
|
|
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.
Click on the radio image on the left to play the
MP3 version of this interview.
Click
here to listen to the Real Audio version of this interview. |
PROGRESSIVE RADIO NETWORK,
Stephen Lendman Show
April 30, May 28, and July 2, 2011
Jack provides a three month running commentary
on the fast moving budget deficit cutting debates. He also
predicts before other mainstream economists that the economy
is now heading for a double dip recession, and explains why
recent employment numbers are failing to pick up a rapidly
weakening jobs market that is heading for a jobs creash this
summer
Click on the links on the right to play the
MP3 and Real Audio versions of these three interviews. |
|
MP3 format
- April
30, 2011 broadcast (55 min 42 sec)
- May
28, 2011 broadcast (52 min 40 sec)
- July
2, 2011 broadcast (55 min 20 sec)
Real Audio format
- April
30, 2011 broadcast
- May
28, 2011 broadcast
- July
2, 2011 broadcast
|
|
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.
Click on the radio image to play the MP3 version
of this interview.
Click
here to listen to the Real Audio version of this interview. |
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.
Click on the radio image to play the MP3 version
of this interview. |
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.
Click on the radio image to play the MP3 version
of this interview. |
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.
Click on the radio image to play the MP3 version
of this interview. |
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.
Click on the radio image to play the MP3 version
of this interview.
|
PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
December 18, 2010
Host
Stephen Lendman interviews Jack about the state of the economy.
Click on the radio image to play the MP3 version
of this interview. |
PROGRESSIVE RADIO NETWORK, Stephen Lendman
Show
November 20, 2010
Host
Stephen Lendman interviews Jack about the state of the economy.
Click on the radio image to play the MP3 version
of this interview.
|
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.
Click on the radio image to play the MP3 version
of this interview.
Click
here to listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of this interview.
Click here
to listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of this interview.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click
here to listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click here to listen
to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click here to
listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click here to listen
to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version of the interview.
Click
here to listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click here to listen
to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click
here to listen to the Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview.
Click here to listen to the
Real Audio version.
|
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.
Click on the radio image to play the MP3 version
of the interview. Click here to listen to the Real Audio version. |
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.
Click on the radio image to play the MP3 version
of the interview. Click here to listen to the Real Audio version. |
'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.
Click on the radio image to play the MP3 version
of the interview. Click here to listen to the Real Audio version. |
'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.
Click on the radio image to play the MP3 version
of the interview. Click here to listen to the Real Audio version. |
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.
Click on the radio image to play the MP3 version
of the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the Real Audio version. |
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?
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
Click on the image to play the MP3 version of
the interview. Click here to listen to the
Real Audio version. |
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.
|
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.
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. |
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 |
|
|
|
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