TYT 1.9.13 Hour 1

In [DEAD] Main Show, Membership by glmulhern7 Comments

Video Player
Hour 1
Segment 1
Cenk hosting today. Wolf PAC has scored its first victory as a Texas State Rep has been convinced by a member of the Wolf PAC volunteer to introduce a bill for a Constitutional Convention to eliminate corp money from politics. President Obama is going to nominate Jack Lew as Treasury Secretary to replace Tim Geithner. Some Republicans are opposing this nomination, too. Reasons Progressives would be against Lew is based in his history of union busting at NYU, his handling of CitiGroup up until their crash. Video of Lew talking about his belief that deregulation wasn’t the cause of the collapse of the big banks.

Segment 2
The Democratic Congressional committee gives the new incoming Reps a schedule of what they need to do once at work. A large portion of the schedule is focused around meeting with donors and raising money. They consider it self-indulgent to do the work of the people when they could be raising money. The ones that get the best donors are also granted the best committee positions, etc. A piece in The Atlantic detailed the corrupt system that banks engage in accounting. They created “Special Purpose Entities” in order to run their scams off the books. The outstanding numbers these banks deal in derivatives is enough to absolutely destroy the U.S. economy.

Segment 3
Dick Cheney’s former company’s subsidiary, KBR, got billions of dollars worth of contracts that were coordinated with Cheney’s office. It has been discovered that they were using toxic substances around our troops that poisoned & killed many of them. These chemicals were being used to make sure the pipes that carried the oil didn’t corrode easily.

Comments

  1. Will W. FTW! If everyone hasnt seen TableTop by GeekandSundry check it out! (same people who made the old show ‘TheGuild’

  3. Listening to the commentary on Jack Lew finally has prompted me to say that Cenk is way to fond of his own narrative, that is, anyone who can be tied to big finance in any way must be a tool of the banks. It gets boring. In talking about jack lew I heard nothing about his past with Tip O’Neill or Paul Wellstone or the comments by a labor rep involved in the NYU issue that Lew had worked in the context of the university budget. Nor has there been a objection that I know of by labor against lew. It would have been more interesting to hear why Lew might have said he thought deregulation was not the proximate cause instead of jumping to the conclusion that he would just support the banks. Sorry for the typos.

  4. You left out the best part of the Texas Wolf-PAC story. Originally the Senator thought that Wolf-PAC was a conservationist group and then after he found out what we are really doing he said ‘Call my chief of staff on Monday and tell him we aren’t saving wolves, we’re saving the Rebublic’.

Leave a Comment