Daily Topics - Thursday May 30th, 2013

Catch The Thom Hartmann Program LIVE 3-6pm ET M-F!

Progressives know how to party! In L.A.? Join Thom Hartmann, Lily Tomlin, Jim Hightower, John Nichols and more special guests at the Progressive Democrats of America annual get together & fundraiser THIS Saturday June 1! For tickets & info click here

Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."

Hour One: Why do conservatives hate the poor? Chris Edwards, Cato Institute

Hour Two: Can democracy survive Republican lies? / Plus Geeky Science - How yogurt makes your brain work

Hour Three: Christian radio host upset by female breadwinners - Bryan Fischer, American Family Association

Comments

ckrob's picture
ckrob 6 years 38 weeks ago
#1

A word for self-taught is autodidact.

Whether the economy is doing well is, in my opinion, not well correlated with the stock market. Yes, it does require disposable income but as the middle class has less and less income because the wealth has been concentrated in an enormous pile at the top; it's mostly the wealthy that can contribute in stock purchases. When the wealthy can drop a million or two and not miss it, there will be a tendency toward more risk and therefore higher probability of crashes.

In sum, useful objects and the knowledge that goes with their use has considerably more value than the pieces of paper some hoard whose only intrinsic value is in the heat calories they release when burned.

Intrinsic value is not to be found in the stock market. There may be a case to be made that dividends bleed value from the general society because the corp. could have used the money to develop/ produce goods and technology with actual intrinsic value.

Question: Why should a stock be rewarded in perpetuity?

How To Bring Back A Middle Class

Thom plus logo From the 1930s to the Reagan Revolution, America grew the largest and most robust middle class in history. Along with strong unions, the main driver of that was that people earning more than about $10 million in today's money confronted a top tax rate of 91% until the 60s, and 67% until Reagan came into office.

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From Cracking the Code:
"No one communicates more thoughtfully or effectively on the radio airwaves than Thom Hartmann. He gets inside the arguments and helps people to think them through—to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
From Cracking the Code:
"In Cracking the Code, Thom Hartmann, America’s most popular, informed, and articulate progressive talk show host and political analyst, tells us what makes humans vulnerable to unscrupulous propagandists and what we can do about it. It is essential reading for all Americans who are fed up with right-wing extremists manipulating our minds and politics to promote agendas contrary to our core values and interests."
David C. Korten, author of The Great Turning: From Empire to Earth Community and When Corporations Rule the World and board chair of YES! magazine
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