Presentations and Interviews


Full Length Talks/Presentations  Jump to radio interviews



The Ukraine Crisis: Political & Economic Dimensions Update
Alternative Visions Radio, March 15, 2014 (54 min 12 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus and guest, Steve Lendman, revisit the latest in the Ukrainian crisis, discussing its political and economic dimensions. In the first half hour, Dr. Rasmus raises 10 Unanswered Questions about the political coup of February 22: Who were the snipers, why is no investigation underway, what is the composition of the neo-fascist parties on the street (Svoboda, Right Sector, UPA, etc.), what official positions have they assumed in the new interim Ukrainian government, why did U.S. undersecretary of State, Virginia Nuland, admit to $5 billion spent by the U.S. on Ukrainian politics, what are Nuland’s ‘Neocon’ credentials, and is there a deep government in the U.S. driving U.S. foreign policy? Dr. Rasmus also raises the question about what are the crony capitalist connections in the Ukraine with US business sectors? Rasmus identifies the key neo-fascist and crony capitalists and their current roles. Steve Lendman then gives his view of the Crimea referendum and perspective on the Ukrainian crisis, which he calls the worst and most dangerous since the 1962 Berlin crisis. In the second half of the show, Dr. Rasmus discusses economic issues, focusing on who benefits and who pays from the current economic crisis, including western Europe, the U.S.A., Russia, and the Ukraine itself.

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China’s Slowing Economy and Rising Financial Instability
Alternative Visions Radio, March 1, 2014 (51 min 15 sec)

Dr. Jack Rasmus

Dr. Rasmus takes a deep look into China’s economy, asking if it is heading for a hard landing? Will its growing financial bubbles soon burst? Rasmus discusses reasons why China’s economy is slowing, and its potential impacts on emerging markets, Europe, and the rest of the global economy. China’s growing financial instability is also explored, including the role of global shadow banks and the 200,000 richest Ultra High Net Worth Individuals (aka biggest global finance capitalists and their primary financial institutions) stoking the financial bubbles and instability in China. How are they together driving China’s currency and real estate bubbles? What’s China trying to do to slow speculation in its currency, local housing, and local investment markets? Why is China total debt is now well above crisis levels? Are they driving China toward a Lehman Moment financial crisis? Rasmus concludes with discussion of China’s recent shift to lower the value of its Yuan to reign in the shadow banks and global speculators, and what that could mean if it loses control not only for China’s economic hard landing but for the world economy as well

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Rasmus Interview on Ukraine Economic Crisis
Russia Radio Today, March 2, 2014 (18 min 34 sec)

Dr. Jack Rasmus

In an interview with Russia Radio Today host, Kells Heatherington, Dr. Jack Rasmus explains the many factors behind the Ukraine's current economic crisis. Rasmus points out the Ukraine economy has been historically weak since 2004, and negatively impacted the past decade by global oil price shocks, the 2008 banking crash, Europe's double dip recession, and now today's emerging markets currency crisis-not just economic mismanagement by the recent Yanukovich regime. Rasmus explains Ukraine's present currency collapse, capital flight, and foreign reserves multiple crises, all underway well before the February 20 events. Rasmus predicts Ukraine will need $50 billion or more in bailout from the IMF, Europe and US but will not get much of that apart from promises from the West to influence upcoming May elections. IMF bailout will also mean 5%-10% GDP drop, a 'Greece-like' depression in the Ukraine in the immediate future.

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An Emerging Global Economic Perfect Storm? by Dr. Jack Rasmus
Alternative Visions Radio, Feb 19, 2014 (53 min 28 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus explains why the global economic crisis that emerged in 2007-08 may now be entering a 3rd Phase. Dr. Rasmus discusses what's happening now with the economies in China, Japan, Emerging Markets (India, Indonesia, Brazil, Turkey, So. Africa and others), and Europe. Why is China on a long term growth slowdown path? Why is Japan's USA-like central bank QE money injection policy failing to stimulate Japan's real economy and leading to Japan's fourth dip recession since 2008? Why is Europe drifting toward deflation and its recovery stagnating, with France now the bad boy economy of Europe? Why are the emerging market economies locked into a growing crisis, with massive capital flight flowing back to the west, falling currency values, and inevitable slowing economies? What are the possible contagion effects between the three stormfronts-China, Emerging Markets, Eurozone-and how are mutually amplifying feedbacks about to exacerbate problems in each-creating a three front global economic perfect storm? Finally, what might this Emerging Economic Perfect Storm mean for the USA economy, once again slowing in 2014 after its latest false start last summer? (For more on this topic, read Dr. Rasmus' forthcoming March 2014 'Z' magazine article, The Emerging Perfect Storm and his last October 2013 'Z' article, The Slowing Global Economy, as well as shorter entries on his blog, jackrasmus.com, since January)

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Jack Rasmus on Inequality and Obama's State of the Union,
On Clearing the Fog Radio,
November 13, 2013 (54 min 21 sec)

Dr. Jack Rasmus

Jack is interviewed by hosts, Kevin Zeese and Margaret Flowers, on Obama's State of the Union speech and the emerging talk by politicians and academics on growing income inequality in the US. Inequality has been growing for more than 3 decades, and good data has been available since 2002, but academics and politicians are now just finding out, he argues. But while they talk about it, they provide no solutions except very long run 'opportunity' proposals. Serious action on inequality requires real structural proposals to redistribute income from the wealthiest 1% and their corporations, to the remaining 90% of households. Jack explains how.

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The Unraveling of Obamacare: A Progressive Critique,
On Dr. Rasmus' radio show, Alternative Visions
November 13, 2013 (54 min 21 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus and guest, Dr. Margaret Flowers, provide a progressive critique of Obamacare and its growing problems of implementation and coverage. Dr. Rasmus explains how, and why, Obamacare will continue to unravel in 2014-15 and potentially implode, in whole or part, by 2016. Rasmus explains in detail how Obamacare has delayed and exempted businesses from participation in the program; why business penalties for failure to participate are insufficient; why subsidies for individuals to participate are inadequate and won't work; why enrollment will continue to seriously lag projections by wide margins in 2014; why the Act is the death-knell for union negotiation health plans; how businesses and health insurance corporations area increasingly 'gameing' the system. Rasmus also explains how the Act is really a scheme for 'moving the money around', from those who now have coverage to those who don't -- where the money is moved first through the health insurance companies that skim off excess profits in the process -- and how Obamacare should be understood as the extension of prior attempts to privatize health care via George W. Bush's Health Savings Accounts (HSAs) in the past decade and Bill Clinton's 'Managed Health Care' before that.

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Jack Rasmus Interview on Russia Radio Today,
October 22, 2013 (11 min 12 sec)

Dr. Jack Rasmus

Dr. Rasmus is interviewed by radio host, Rob Sachs, on what's the state of deficit negotiations between Obama and Congress, one week after the debt ceiling interim deal of Oct. 17, 2013. Rasmus explains how negotiations are again back on the track of this past summer, with both parties exploring ways to cut entitlement spending (social security and medicare) in exchange for government funding and a longer term debt ceiling extension. Rasmus explains how social security and medicare are not in a financial crisis, and how minor fixes to the SSDI and Prescription Drugs programs would mean a half century of stability in these programs. Rasmus further explains the role of corporate tax cuts in the coming bargaining mix, and how politicians of both parties are grossly misleading the public about entitlements, in order to cut entitlement spending and push through still more corporate tax cuts.

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Jack Rasmus Interview on Law and Disorder Radio,
WBAI, New York
October 21, 2013 (18 min 52 sec)

Dr. Jack Rasmus

Jack is interviewed by host, Mike Smith, on the Teaparty Role in the Republican party and the recent debt ceiling crisis in the US, the coming renewed attacks again on social security-medicare in the wake of the debt ceiling deal of October 16, and the growing discontent at the grass roots in the US labor movement with Democrats looking to cut social security and medicare.

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The Coming Debt Ceiling Deal 2.0,
Alternative Visions Radio, October 16, 2013 (55 min 36 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus focuses on the latest debt ceiling-government shutdown negotiations in Washington, and his prediction of the past weeks that a deal would be reached. That deal appears will occur today, October 16, 2013—at least the first phase. The real negotiations now begin, Rasmus predicts, involving trading off major spending cuts targeting social security and medicare—plus more corporate tax cuts in the pending "Tax Code Overhaul" bill moving through the US House—for a still longer term debt ceiling and government budget agreement that will all occur early next year. Dr. Rasmus explains how Obamacare was never a real issue in the negotiations, and how the real strategy was deficit cuts for debt ceiling. Also explained is how the current settlement is a repeat of the August 2011 debt ceiling 1.0 agreement, cutting spending by $1 trillion, and the 2012 fiscal cliff settlement cutting spending by another $1.2 trillion (the sequester) along with $4 trillion in permanent extension of the Bush tax cuts. It represents what Dr. Rasmus calls the "Well Orchestrated Dance" (2.0) between the two wings of the ruling capitalist party. (see Dr. Rasmus’s blog, jackrasmus.com, for prior articles on the fiscal cliff of December 2012 and debt ceiling 1.0 deal of August 2011).

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The AFLCIO Convention & New Union-Community Partnerships
Alternative Visions Radio, September 18, 2013 (57 min 13 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus welcomes two long-time union officers, Steve Early of the CWA and Carl Finamore of the Machinists, who attended the recent AFLCIO convention where delegates recently discussed and voted on whether to bring community groups (NAACP, La Raza, Sierra Club, etc.) into the union federation as a new kind of membership. Both Steve and Carl have more than 30 years each of experience in the US labor movement, which they bring to the discussion. Jack introduces the show and discussion with an explanation of the dimensions of the deep decline in union labor in the USA, its failing organizing and bargaining strategies at the company level and the political level with its alliance with the Democratic Party, as well as the consequences of both. Steve and Carl discuss the resolution and scope of the decision at the AFLCIO convention to forge a deeper partnership with community organizations. How can union labor stop and reverse its slide? Jack and guests debate whether some kind of new grass roots organizational structure uniting labor and community organizations must occur if union labor in the US is to survive and grow.

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Jack Rasmus Presentation on the Global Economy,
Alameda Public Affairs Forum,
September 14, 2013 (1 hr 10 min 9 sec)

Update on the Current State of the US & Global Economy

Dr. Jack Rasmus

Dr. Jack Rasmus presents his latest update on the condition of the US and global economies as of late summer 2013. Addressed are the struggling US economic recovery, the stagnating Eurozone, the slowing of the Chinese economy, and prospects for the BRICS, the BITTS, and Japan. Jack provides a critique of monetary policies of central banks worldwide, led by US quantitative easing (QE) and zero-bound interest rate policies. Jack argues that global QE is now proving increasingly counter-productive to growth, generating more speculative bubbles, and, as it continues, is rendering investors increasingly dependent upon and addicted to free money policies of central banks. On the fiscal policy side, various forms and degrees of 'austerity' continue to hold back global growth and recovery as well. Future scenarios for the US and other key sectors of the global economy (China, Eurozone, UK, Japan, Emerging Markets) are offered and predictions made.

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Will the AFL-CIO Decide to Add Community Groups as Members?
Alternative Visions Radio, August 7, 2013 (55 min 6 sec)

Dr. Jack Rasmus

Recently, AFLCIO President, Richard Trumka, announced that the AFL-CIO, the largest union federation in the US, was in discussions with national community organizations like the NAACP, La Raza, Sierra Club to discuss membership of community organizations into the AFL-CIO. Reportedly, the matter is scheduled for consideration at the upcoming September 2013 convention of the AFL-CIO. According to a recent article in the July 27 Wall St. Journal, the potential organizational change will include granting community groups "decision making power" within the AFLCIO. In the following, Dr. Jack Rasmus interviews 3 long time unionists active in labor-community protests to discuss the strategic significance of the possible decision and organizational change at the top level of the AFL-CIO, raising the question: Is this a major shift in the AFL-CIO and American Union Movement that portends greater cooperative action between organized Labor in the US and community groups? Or is it just a fascade for cooperating on lobbying and electing Democrats in the 2014 midterm elections? Jack's guests discuss not only the proposed changes at the coming AFL-CIO convention, but also developments at the local level in labor-community alliances and action-in California, North Carolina, and Pennsylvania.

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Alternative Visions Radio Show
New York, June 12, 2013 (53 min 51 sec)

Dr. Rasmus Predicts the US and Global Economy for 2013-14

Dr. Jack RasmusIn his June 12 Alternative Visions radio show downloaded here, Jack Rasmus discusses his comprehensive updated forecast on the current state and future direction of both the US and global economy. Reviewing the outcome of his prior predictions made 18 months ago, January 2012, Jack explains why the global economy -- and the US economy -- are slowing and will continue to do so. Why more European economies are slipping deeper into recession and the southern periphery of Europe will remain in depression; why China is slowing and will fall below 7% in GDP; why Japan's recent monetary stimulus will fail; and why other BRICS are now stagnating or slowing as well. Jack then looks at US GDP trends, and key sectors of consumer spending, housing, jobs, manufacturing-exports, and government spending and explains why they are in decline, stagnating, or soon will do so (housing 'recovery'). Problems in global central bank monetary policies, emerging currency wars, and bond and stock market immanent corrections are explained. Jack concludes with 15 new predictions for the coming 18 months.

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

Dr. Jack Rasmus

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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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 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)

Dr. Jack Rasmus

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

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

Dr. Jack Rasmus "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)

Dr. Jack Rasmus "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)

Dr. Jack RasmusJack 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)

Dr. Jack RasmusJack 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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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.

Dr. Jack Rasmus 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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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

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

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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.)

dr. jack rasmusJack 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)

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

Dr. Jack Rasmus 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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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)

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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

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

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

Dr. Jack RasmusJack 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.

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Radio Interviews  Jump to full-length talks

Russia Radio Interviews Dr. Jack Rasmus About Growing Crisis in Emerging Markets
Feb 25, 2014 (18 min 2 sec)

Dr. Jack Rasmus

Russia Radio Today host, Kells Heatherington, interviews Dr. Rasmus on the central role of the US central bank, the Federal Reserve, is precipitating a growing economic crisis in emerging market economies globally. Rasmus explains how the 'Fed' free money policies since 2008 created an artificially boom in economies like Brazil, Indonesia, and others, and now as the Fed reverses its policies and money capital flows back to the US and Europe from those markets, the result is a growing economic crisis in the economies.

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KDKA Pittsburg Radio Interviews Rasmus on 3rd Phase Global Economic Crisis
Feb 24, 2014 (34 min 18 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus is interviewed by Pittsburg radio host, Chris Moore, on his recent article on the coming Global Economic Perfect Storm. Rasmus explains how the 3rd phase of the global economic crisis is now emerging, with a primary focus on economic decline in emerging market economies (Brazil, India, Turkey, etc.) and a significant slowdown of the China economy as well. The Eurozone economy will continue to stagnate, especially given events emerging in the Ukraine.

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KPFA Host, Kevin Pina, Interviews Dr. Jack Rasmus on the Congressional Budget Deal of 2013
Jan 3, 2014 (17 min 16 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus explains how the recent Budget Compromise enacted by Congress in December restored Defense spending sequester cuts, but was really 'smoke and mirrors' with regard to other spending cuts. $31 billion of the latter restored, was 'offset' by $25 billion in unemployment benefits and $16 billion in food stamp cuts, plus another $26 billion in government workers and veterans pension reductions. So workers, vets and the poor in effect 'paid for' the defense spending restoration in the deal.

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Debt Ceiling Negotiations in US Congress, Russia Radio
Oct 2, 2013 (11 min 30 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus is interviewed by Russia Radio host, Rob Sachs, on the current negotiations in Congress on the forthcoming debt ceiling deadline and the government shutdown. Jack provides his interpretation why an agreement will be reached in the end.

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Interview with Russia Radio Host, Rob Sachs, on Debt Ceiling Negotiations
September 17, 2013 (12 min 46 sec)

Dr. Jack Rasmus

Jack is interviewed by Russia Radio's American Edition on the subject of the upcoming negotiations between the Obama Administration and Congress over the Debt Ceiling. Jack provides his view and analysis that a 'deal' with eventually occur, since big corporations will eventually side with Obama and Boehner to pressure radicals in the House of Representatives to agree to a deal-as similarly occurred last year in the 'fiscal cliff' deal. Big business wants the major corporate tax cuts that are working through Congress. Those cuts, Rasmus argues, will be the political 'glue' that brings the parties together for a deal.

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Jack Rasmus on US Economy with Chris Moore, KDKA Radio, Pittsburg, PA
August 3, 2013 (37 min 4 sec)

Dr. Jack Rasmus

Dr. Rasmus discusses the state of the US economy at mid-year with host Chris Moore. Jack explains while some indicators show a very modest recovery, job creation is very low pay, middle class earnings continue to fall, housing recovery may have stalled as mortgage rates rose 1% in June, and manufacturing-construction remain flat or barely growing. Jack warns of forthcoming deficit-debt ceiling fights again this fall, Federal Reserve likely start of reducing QE and rising rates to follow, and China's and rest of world in recession or slowing.

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Interview with host, Suzi Weissman, KPFK radio, Los Angeles
August 2, 2013 (13 min 11 sec)

Dr. Jack Rasmus

Jack and host discuss the recent suspension of the Obamacare requirement for businesses to provide health insurance by 2014. Jack outlines the other growing problems with Obamacare, including majority of states refusing to participate in health insurance exchanges and/or Medicaid provisions of the Health Care Act. Businesses now beginning to cut full time workers to part time in order to avoid the requirements of the Act, the 40% tax on union plans and employers now capping contributions, and other emerging issues. Jack predicts the penalties for both small employers and the uninsured will be too low to force participation, without which insurance costs will rise for the rest. Jack predicts Obamacare will implode by 2015-16, requiring a major overhaul at best. The only solution to the coming crisis is Medicare for All.

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Rasmus Analyzes FED chairman, Bernanke's, Testimony to Congress, on Russia Radio Today
18 July 2013 (14 min 8 sec)

Dr. Jack Rasmus

Dr. Jack Rasmus is interviewed by Russia Radio on the recent flip-flop by US Federal Reserve Chairman, Ben Bernanke, on slowing the current Quantitative Easing (QE3) $85 billion monthly liquidity injection. Dr. Rasmus discusses the impact on asset prices and markets following the Fed's June suggestion of 'tapering' the QE3, and the reversal of financial asset markets in the subsequent backtracking by Bernanke and other Fed governors. Rasmus predicts 'tapering' of QE3 will begin and that the US economy, and markets in general, will prove more sensitive and volatile to the eventual change than most economists now assume. QE3 tapering + more deficit cutting this fall + debt ceiling debates may have a significant collective impact on the US economy

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Jack Rasmus talks about 'Austerity American Style' and Deficit-Debt Ceiling Negotiations, on Russia Radio Today
10 July 2013 (14 min 30 sec)

Dr. Jack Rasmus

Dr. Rasmus is interviewed by Russia Radio host, Andrew Hiller, on the coming round of more deficit cuts, the US 2014 budget, Tax Code legislation, and a renewed fight between the conservatives in the U.S. House of Representatives and Obama over the extending of the debt ceiling again this fall. Rasmus predicts a deal will be cut, involving more massive tax cuts for corporations, a restoring of defense spending, and more cuts to social security, medicare, and Obamacare.

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Interview with Russia Radio American Edition Host, Andrew Hiller
13 June 2013 (14 min 55 sec)

Dr. Jack Rasmus

Andrew Hiller Interviews Jack Rasmus on the Global and US Economies

In a brief 15 minute interview, Dr. Jack Rasmus provides a review of his predictions for the coming year, 2013-14, on the global and US economies. Europe, China, Japan, the BRICS, other emerging markets, as well as the US economy, are forecast. US GDP longer term trends are explained, as well as current and future directions in US consumer, business, government, and net export spending. The real state of the US housing and jobs 'recoveries' are reviewed, as well as government fiscal and monetary policies. Why global financial instability is rising to dangerous levels again is explained.

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

Dr. Jack Rasmus

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

Dr. Rasmus interviews with host, Andrew Hiller, about his new role as Shadow Federal Reserve Chairman and member of the newly formed 88 member Green Shadow Cabinet for the USA. Jack explains the Green Shadow Cabinet, its mission and objectives, and his radically different view of what the Federal Reserve, the central bank of the US, should be doing instead of printing bottomless money for bankers and speculators. Jack explains how he would transform the Fed into a public banking system with members democratically elected by the public. Jack also discusses with host, Hiller, the coming changes in calculating US GDP that would falsely boost the numbers for US economic growth.

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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

Dr. Jack Rasmus

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

Why the impact of sequestration will likely be greater than estimated in an already fragile US economy

Dr. Jack RasmusJack 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.


MP3 | RealPlayer

Interview with Russian Radio Today Host, Carmen Russell-Sluchansky
February 25, 2013 (16 min 45 sec)

Dr. Jack Rasmus

Jack Rasmus discusses his latest proposal for a Financial Transactions Tax:

MP3 | RealPlayer

Seven Interviews on the Fiscal Cliff

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

Dr. Jack RasmusJack 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.

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  1. Nov 11, 2012 (31 min 39 sec) Chris Moore, KDKA:   MP3  |  RealPlayer
  2. Nov 24, 2012 (39 min 24 sec) Pat Thurston, KGO:     MP3  |  RealPlayer
  3. Dec 22, 2012 (36 min 30 sec) Pat Thurston, KGO:     MP3  |  RealPlayer
  4. Dec  3, 2012 (14 min 44 sec) Rob Sachs, Russia Radio:        MP3  |  RealPlayer
  5. Dec 21, 2012 (53 min 10 sec) Rob Sachs, Russia Radio:       MP3  |  RealPlayer
  6. Dec 27, 2012 (18 min 22 sec) Andrew Hiller, Russia Radio:  MP3  |  RealPlayer
  7. Dec 29, 2012 (57 min 28 sec) Steve Lendman, Progressive Radio:   MP3  |  RealPlayer
  8. Jan 9, 2013 (17 min 36 sec) Carmen Russel Suchansky, Russia Radio: MP3  |  RealPlayer

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

Dr. Jack RasmusThe 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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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

Dr. Jack Rasmus 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)

Dr. Jack RasmusNPTR 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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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

Dr. Jack RasmusJack 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.

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  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

Dr. Jack RasmusHost 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.

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  1. June 30, 2012 (38 min 11 sec):   MP3  |  RealPlayer
  2. July 28, 2012 (52 min 46 sec):    MP3  |  RealPlayer
  3. August 25, 2012 (53 min 10 sec):    MP3  |  RealPlayer

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

Dr. Jack RasmusJack 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

Dr. Jack RasmusJack 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'

Dr. Jack RasmusJack 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.

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  1. January 28, 2012 (50 min 17 sec):   MP3  |  RealPlayer
  2. February 25, 2012 (55 min 22 sec):  MP3  |  RealPlayer
  3. March 31, 2012 (51 min 08 sec):      MP3  |  RealPlayer
  4. April 28, 2012 (54 min 44 sec):        MP3  |  RealPlayer
  5. May 26, 2012 (49 min 14 sec):        MP3  |  RealPlayer

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

Dr. Jack RasmusJack 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

Dr. Jack Rasmus

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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Dr. Jack Rasmus4 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.

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  1. September 24, 2011 (53 min 5 sec):  MP3  |  RealPlayer
  2. October 29, 2011 (53 min 51 sec):     MP3  |  RealPlayer
  3. November 26, 2011 (54 min 18 sec):  MP3  |  RealPlayer
  4. December 31, 2011 (56 min 34 sec):  MP3  |  RealPlayer

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

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

Dr. Jack RasmusJack 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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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.

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    MP3 format
  1. June 6, 2011 broadcast (49 min 3 sec)
  2. July 25, 2011 broadcast (33 min 12 sec)

    Real Audio format
  1. June 6, 2011 broadcast
  2. July 25, 2011 broadcast

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

Dr. Jack RasmusJack 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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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

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    MP3 format
  1. April 30, 2011 broadcast (55 min 42 sec)
  2. May 28, 2011 broadcast (52 min 40 sec)
  3. July 2, 2011 broadcast (55 min 20 sec)

    Real Audio format
  1. April 30, 2011 broadcast
  2. May 28, 2011 broadcast
  3. July 2, 2011 broadcast

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

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

Dr. Jack Rasmus 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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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
March 26, 2011

Dr. Jack RasmusJack 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

Dr. Jack Rasmus 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

Dr. Jack RasmusJack 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

Dr. Jack Rasmus 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

Dr. Jack RasmusHost Stephen Lendman interviews Jack about the state of the economy.

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PROGRESSIVE RADIO NETWORK, Stephen Lendman Show
November 20, 2010

Dr. Jack RasmusHost 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

Dr. Jack Rasmus 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

Dr. Jack RasmusHost 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

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

Click here to listen to the original broadcast.

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

Dr. Jack RasmusJack 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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 Banks Are Still in Serious Trouble'
Labor Express Radio, Chicago, October 11, 2009 (length: 30 min 50 sec)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack RasmusJack 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)

Dr. Jack RasmusJack 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)

Dr. Jack RasmusJack'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)

Dr. Jack RasmusJack 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)

Dr. Jack RasmusJack 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 RasmusDr. 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.

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)

Dr. Jack RasmusJack 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)

Dr. Jack RasmusRasmus 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)

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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.

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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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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)

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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

Dr. Jack Rasmus 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.

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

Dr. Jack Rasmus 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.

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

Dr. Jack RasmusJack 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.

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

Dr. Jack Rasmus 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.

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Purchase CDs

Order multiple Audio CD copies and handling. (Complete May 16 Labor Workshop CD -- not excerpted -- is $10.00 plus $3.00 for domestic shipping and handling. We ship single CD orders internationally for $10.00.) We accept credit card purchases through Paypal. Paypal is used on Ebay and by over 12 million consumers worldwide every day. It is simple and secure.

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

Questions? email us at rasmus@kyklosproductions.com or call us at 925-828-0792.

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