April 14, 2016

Program Notes
  • Segment 1:

    Verizon's Massive Scam

    We begin with the strike by 40,000 Verizon workers that has drawn the support of Bernie Sanders and Hillary Clinton and examine why Verizon is cutting workers loose with nearly 40% fewer workers today than it had a decade ago. A telecommunications analyst for over 30 years, Bruce Kushnick, the Chairman of Teletruth and Executive Director of New Networks Initiative joins us to discuss his article at The Huffington Post “Verizon CWA and IBEW Union Members Go On Strike: America’s Communications Future is at Stake” which reveals a massive fraud by the Telecom monopolies to whom customers have paid over $400 billion to build out fiber optic broadband like Fios only to have Verizon switch that money to more profitable wireless infrastructure resulting in the U.S. having the worst and most expensive broadband cable service in the developed world.

  • Segment 2:

    Tom Hayden On Why He Now Supports Hillary

    Then we speak with Tom Hayden, a founding member of Students for a Democratic Society who was active in the anti-war movement then went on to serve in the California legislature for 18 years. He now writes for the Sacramento Bee and the San Francisco Chronicle on the Brown Administration’s climate change policies and we discuss his article at The Nation, “I Used to Support Bernie, but Then I Changed My Mind” and why he now supports Hillary Clinton, as well as his concern that a terrible friction is brewing between the two Democratic camps left in the primary.

  • Segment 3:

    The Fed's Warning That 5 of the Biggest Banks Could Fail

    Then finally we hear from a supporter of Bernie Sanders, the economist James Galbraith, a professor at the Lyndon B. Johnson School of Public Affairs at the University of Texas and author of “Inequality: What Everyone Needs to Know”. He joins us to discuss the announcement today by the Federal Reserve and the FDIC that five of the biggest banks in the country cannot credibly be unwound without another bailout from taxpayers, and why he thinks Bernie Sanders could better reign in Wall Street banks that are now “too bigger to fail”.