Daily Archives: September 15, 2019

What Americans Must Never Forget

George W. Bush, Yale Class of 1968

Thom Hartmann Program    Published on Sep 11, 2019
Thom Hartmann reveals that ‘never forget’ needs to be about not letting our leaders exploit our national tragedies.

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The Last Time Banks Did This… They Caused A Financial Crash w/Richard Wolff

Thom Hartmann Program

Published on Sep 12, 2019

Banks make their money from depositors by lending to others.

Banks lend out almost all the money they have on deposit and this means that there could be a bank panic if a lender can’t retrieve their deposits.

The banks are supposed to hold a percentage of every dollar in reserves, which means they have a large pile of money.

What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it?

The last time the banks were able to lend out their reserves… we found ourselves in a global financial crash!

Dr. Richard Wolff explains to Thom how all this works.

Why Warren’s Plan to Lift Millions from Poverty Scares Rich

Thom Hartmann Program

Published on Sep 12, 2019

Elizabeth Warren has a plan to lift millions of seniors out of poverty, and so far the plan has been met with fear from the media and the rich!

For decades, progressives have been talking about eliminating the cap on the Social Security tax and raising Social Security benefits enough that retired and disabled people can actually survive. It makes no sense that working-class people have to pay Social Security tax on 100% of their income and a billionaire might pay the Social Security tax on less than 1% of his income, At the same time, seniors are rationing medicine and literally eating dog food.

Warren wants to use the money from removing the cap to give everybody on Social Security a $200 a month raise, which will lift 5 million seniors out of poverty, cut the senior poverty rate by 68%, and provide a strong stimulus to the economy because virtually every penny of that money will rapidly be spent.

It’s time that wealthy people pay their fair share of Social Security taxes, and disabled and retired Americans who are struggling to get by in this Reaganomics economy don’t have to make decisions like, “Do I buy food or do I buy my prescriptions?”

Marianne Williamson – Yes to what we know to be TRUE!

Marianne 2020

Published on Aug 22, 2019