Nomi Prins joins us to dissect the Senate Financial Reform Bill passed yesterday. Nomi thinks the bill is far from “sweeping.” She says it doesn’t’ deter the reckless financial engineering, investing, and inflation of values upon which leveraged funds thrive, and won't protect us from economic chaos. We’ll ask her whether the financial sector is a clear and present danger to all of us, whether the real worry behind ‘Too Big to Fail’ is about ‘too big to bail’ as Max Wolff put it – and what this bill does to protect ordinary workers and consumers. We’ll also ask Nomi what reforms we need.
Marielena Hincapié, Executive Director of the National Immigration Law Center joins us to talk about the Class Action Law Suit her organization along with a coalition of civil rights groups filed challenging Arizona’s SB 1070 -- which declares open season on people of color, sets the clock back on a generation of civil rights gains, mandates racial profiling, jeopardizes public safety and creates a wedge between law enforcement and ethnic communities The extreme law, the coalition charged, invites the racial profiling of people of color, violates the First Amendment and interferes with federal law.
Greg Grandin, Professor of history at NYU and author of Fordlandia, recently called Glenn Beck the “Perfect Pitchman for the Tea Party's Deranged Ideas About US History.” In light of the primary win of Tea Partier Rand Paul in Kentucky, we’ll go beneath the surface with Professor Grandin to discuss the ideas behind this nationalist and racist resurgence. Grandin insists there is a coherence to the Tea Party version of history, which he says allows conservative cadres not just to interpret the world but to act in it – and Grandin says, it is all about race.
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