Tuesday 18 October '11 show notes

Tuesday 18 October '11 show notes

   
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Wall Street Profits while the People Protest
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You need to know this. As the Occupy Wall Street movement begins it’s second month – and Occupy movements in major cities across Europe dig in for the long haul too – popularity for the demonstrators is soaring. According to a new Quinnipiac poll of New York City voters – 2/3 of respondents say they agree with Occupy Wall Street. And 87% say that it’s ok that people are camped out in the streets. Even among Republicans – Occupy Wall Street is popular – with 52% of Republicans saying they support the movement. But there is one group that doesn’t support Occupy Wall Street – the police. In the last month – well over 1,000 people have been arrested for engaging in peaceful civil disobedience – or misdemeanors like walking in the road or sleeping in a park. Meanwhile – the men and women responsible for stealing $7 trillion worth of wealth out of the middle class in 2008 – the banksters on Wall Street – have not faced police officers once. So Occupy Wall Street isn’t just about an unequal economy – it’s about unequal justice system too.
 
Third quarter profit numbers are out – and as you’d expect – Wall Street is making a killing while Main Street is drowning. Some of the nation’s biggest banks saw big gains over the last three months. Wells Fargo profits are up 21% to $4 billion. Citibank profits are up 73% from last year to $3.8 billion. And JP Morgan made $3 billion bucks too. Corporate profits as a share of our nation’s GDP are higher than at any other point in this nation’s history since 1950. But when it comes to small business on Main Street – the picture is grim. According to a report from the National Federation of Independent Businesses - two out of every five business reported falling profits. So when is Main Street going to get its $17 trillion bailout just like Wall Street?
 
-Thom
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Quote: "There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction" -- John Fitzgerald Kennedy.
 
Hour One: Lending his support to Occupy Wall Street
- Congressman Raul Grijalva, Tucson (D-AZ, 7th District) Twitter
 
Eye witness to Police brutality at Occupy SF
- Nicole Ghanbarzadeh Twitter Twitter Twitter
Article: "Occupy SF rebuilds camp after police raid" by Justin Berton, Will Kane.
 
Book: "Threshold: The Progressive Plan to Pull America Back from the Brink" by Thom Hartmann - now in paperback!
Article: "First Thoughts" by Joe Carter.
 
Joining Occupy Wall Street rally today
- Julian Tysh, Art handler, member Teamsters Local 814 Twitter
Article: "Occupy Wall Street Targets Sotheby's" by Amy Zimmer.

Hour Two: Why are Republicans "denying Democracy" to working Americans by being the "Party of NO" and crashing the economy to keep President Obama from being re-elected? Thom challenges Phil Kerpen of Americans for Prosperity about his new book "Democracy Denied" Twitter
Article: "Title V - Permits" by EPA.
 
Article: "Goldman's Nine-Month Pay Cost Declines to $292,836 Per Employee" by Christine Harper and Michael J. Moor.
Video: "Economic Crisis: Causes & Cures (1 of 7)" - L. William Seidman.
Thom is on Dylan Ratigan's show today.
 
Talk Radio News Segment: Ellen Ratner, Bureau Chief Twitter
Article: "Tea Party Budget Cuts $9 Trillion" by Paul Bedard.
Article: "Clinton Travels To Tripoli " by TRNS.
Article: "2012 Republican National Convention logo unveiled" by Nia-Malika Henderson.

Hour Three: "Everything You Know is Wrong": Would you let your daughter play lingerie football?
- Megan Rosker, Writer, former public school teacher and promoter of education reform Twitter
 
Site: "Occupy Stream".
Article: "Many Rally for "Occupy Scranton"" by Sofia Ojeda.
Poem: "The Mask of Anarchy" by Percy Bysshe Shelley.
 
Article: "Institute of Justice – anti-Latino hate crimes" by Cristina Costantini.
Article: "Branson opens the world's first commercial spaceport" by Susan Montoya Bryan.
Coming up Wednesday on The Thom Hartmann Program
 
Hour One: Occupy Boston greets Bernanke Stephen Squibb, Occupy Boston Twitter
 
Hour Two: Nurses defend their ground and Med Tent at Occupy Wall Street National Nurses United Twitter Twitter
 
Hour Three: The GOP's latest "fix" for Social Security.. Peter Ferrara Twitter
 
Plus, New US cross-border trucking pilot project with Mexico and why it's a safety hazard James Hoffa, International Brotherhood of Teamsters Twitter
 
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Full Show - 10/17/11. Happy Anniversary Occupy Wall Street!
Full Show - 10/17/11. Happy Anniversary Occupy Wall Street!


Today marks one month since people began camping out in lower Manhattan to protest Wall Street's high crimes and disastrous influence on our economy. And in that month - this movement has transformed into an unstoppable force - occupying not just New York City but the entire planet.

Later in the show Thom Hartmann speaks with Think Progress reporter Lee Fang about the conservative think tank, ALEC which is at the center of controversy yet again, this time with a very questionable connection with a "charity" in the U.K. that was shutdown.



Thom Hartmann on the News - October 18, 2011
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Thom Hartmann & Rep. Raul Grijalva - Lending his support to Occupy Wall Street
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