[240] Coppola on the mess in Europe and Kling on basic income
Our lead story: According to a report by the Center for Effective Government, thirty of America’s largest corporations paid their CEOs more than they paid in federal income taxes last year. While corporations are quick to point out that the US tax rate is the highest of industrialized nations in the world at 35%, they neglect to mention that between 2008 and 2012 that the average large corporation in US paid almost half that rate at 19.9%. Erin weighs in.
Then, Erin sits down with Frances Coppola – associate editor at Pieria and blogger at Coppola Comment – to discuss Europe and the UK. Frances tells us where she thinks Europe is headed and gives us her take on the London housing market.
After the break, Erin talks to Arnold Kling – blogger at AskBlog and adjunct scholar at The Cato Institute. Arnold explains the meaning of basic income and gives us his take on whether it’s better than our current unemployment safety net.
And in The Big Deal, Erin and Edward Harrison discuss privacy and the movement toward end-to end encryption in the Internet. Take a look!
Our lead story today is Scotland, as voters are about to choose whether to remain part of the United Kingdom or to secede. If the “yes” campaign --seeking independence for Scotland-- secures a majority, it will usher in the most dramatic constitutional change in Britain since the two countries united in 1707. Erin and RT correspondent Polly Boiko weigh in.
Then, Erin sits down with Arnold Kling of AskBlog and The Cato Institute to discuss mortgage finance, particularly mortgage fraud. Can fraud be rooted out in the originate to distribute model dominated by Freddie Mac and Fannie Mae? Kling gives us his view.
After the break, Erin speaks with Dr. Ron Paul, former congressman and three-time presidential candidate, to talk about the Fed hiking rates and the state of the U.S. economy.
And in The Big Deal, Erin and Edward Harrison take a deep dive into the considerations behind the latest Fed moves and what to expect from the Fed and the economy going forward. Take a look!
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On Thursday, Credit Suisse said it lost $2.9 billion in 2015 and Martin Shkreli faced members of Congress during a hearing on drug pricing. Ameera David weighs in. Then, Bianca Facchinei takes a look at the economic threat of border controls in the Schengen Area. Afterwards, RT’s Manuel Rapalo gives us the latest on the TPP.
After the break, Ameera sits down with Lynn Parramore – columnist at Reuters and Al Jazeera America – to talk about global inequality. And in The Big Deal, Ameera and Edward Harrison discuss China’s foreign exchange reserves.
Take a look!
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In this very special episode of Boom Bu$t, we bring you the latest in the state of debt both in the United States and around the world. Peter Schiff of Euro Pacific Capital, Economist Steve Keen, and Professor Richard Wolff all join the program to discuss the financial issue that continues to press the globe.
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Internet access is becoming more vital to everyday life, but is our current broadband access enough to meet the demands of the future? Dan Cohen has the report!
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Bitcoin and other cryptocurrencies have rallied after months of beatings as rumors of Amazon accepting coins as payment have surfaced. Boom Bust's Ben Swann and Christy Ai join the program to discuss the rally and the legitimacy of the claims. (1:03)
Then we turn to the United Kingdom, where a fresh wave of potential quarantines could cost the nation billions of dollars. Hilary Fordwich of the British-American Business Association analyzes the boost in NHS app warnings and the potential fallout from a new round of self-isolation. (8:48)
Then we take a look at the contentious talks between the United States and China, as both sides have come to a standstill in negotiations. Todd Shipley, CEO of Dark Intel, offers his take on the talks and what role cybersecurity has played on the geopolitical stage. (16:05)
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
News with Rick Sanchez: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe!
In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow
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Our lead story: The eight largest US banks --JP Morgan, Citigroup, Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, and State Street -- will have to add as much as $68 billion in extra capital. Federal regulators say the new rule is intended to help "too-big-to-fail" banks withstand losses during periods of market stress. Erin brings you the details.
Our interviews today discuss banking and its relationship to political power. Nomi Prins, author and senior fellow at Demos, comes on to talk about her new book All the Presidents' Bankers, a deep look into the close interconnectedness between Washington and Wall Street. You can find a link to the book here. Then we move on to Anthony Randazzo, the Director of Economic Research at the Reason Foundation, to give a libertarian view of the banking system, regulation, and politics. Take a look.
Finally for today's Big Deal, Edward Harrison and Erin talk about the cooling temperatures in California...in the housing market. Check it out.
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Interest rate cuts, bank loans, and QE – that’s the basket of goodies now in play for the Eurozone; Ameera David weighs in. Then, Bianca Facchinei takes a look at the few options left for Atlantic City to deal with the debt crisis. Afterwards, RT’s Manuel Rapalo reports from the White House on Canada Prime Minister Justin Trudeau’s visit.
After the break, Ameera sits down with Peter Schiff – CEO of Euro Pacific Capital and host of “The Peter Schiff Show” – to talk about the US economy. And in The Big Deal, Ameera and Edward Harrison continue the on the ECB.
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With more pieces of the scandalous puzzle fall into place surrounding the arrest of financier Jeffrey Epstein, but just how did he make his money? RT correspondent Michelle Greenstein joins the program to dig into the details of his worth. Plus, the big banks are boasting their earnings today, and the stocks are reacting. Adam Mesh of the Adam Mesh Trading Group and Angela Sloan of Sloan Financial are both on deck today to break down the reports.
Plus, as the U.S. continues to crack the whip on Huawei, one ally is bucking the trend. RT correspondent Sara Montes de Oca lends us a hand to see which tropic leader defying the Trump administration. And Libra is facing fire on Capitol Hill today as bipartisan bashing of the digital currency mounts; Raakhee Miller of Bitsian will join the show today to break down what lies in store for the social media currency.
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China has made huge headwinds in the Eurozone, but the nation’s top telecom giant is going head-to-head with the U.S. government; RT Correspondent Sara Montes de Oca dials us into the action. Plus, Apple is wading into new waters with their big reveal of new products; Conservative Commentator and RT Producer Brent Jabbour take a bite out of Apple’s big bet. And later, U.S. oil production is up, but so are global emissions; Bill Hederman of the Kleinman Center for Energy Policy lends us a hand to get a cap on carbon.
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