US Indymedia Global Indymedia Publish About us
Printed from Boston IMC : http://boston.indymedia.org/
Boston.Indymedia
IVAW Winter Soldier

Winter Soldier
Testimonies
Brad Presente

Other Local News

Spare Change News
Open Media Boston
Somerville Voices
Cradle of Liberty
The Sword and Shield

Local Radio Shows

WMBR 88.1 FM
What's Left
WEDS at 8:00 pm
Local Edition
FRI (alt) at 5:30 pm

WMFO 91.5 FM
Socialist Alternative
SUN 11:00 am

WZBC 90.3 FM
Sounds of Dissent
SAT at 11:00 am
Truth and Justice Radio
SUN at 6:00 am

Create account Log in
Comment on this article | Email this article | Printer-friendly version
Commentary :: Human Rights
BTL:Obama Needs to Get Tough with Failed Banks
03 Apr 2009
BETWEEN THE LINES Syndicated Radio Newsmagazine
Obama Needs to Get Tough with Failed Banks

Interview with Greg Palast, BBC-TV reporter and author, conducted by Scott Harris

After the Obama administration forced the resignation of General Motors CEO Rick Wagoner in return for more federal bailout money being funneled to the troubled carmaker, attention has turned to the question why Wall Street CEO's receiving billions in taxpayer funds aren't similarly pressured to resign? Democratic Sen. Carl Levin of Michigan noted a "double-standard" giving big banks better treatment than the auto industry. Many workers say the government hasn't dictated such harsh terms to insurance giant AIG or the banks, which in large part caused the financial crisis.

President Obama said his administration will offer GM "adequate working capital" during the next 60 days to produce an acceptable reorganization plan. Meanwhile, the White House gave Chrysler 30 days to negotiate a merger with Italian automaker Fiat.

Tennessee Republican Sen. Bob Corker criticized the government's firing of GM's Wagoner saying that, "This is a major power grab by the White House ... and should send a chill through all Americans who believe in free enterprise." However, Corker and other Senate Republicans had a completely different attitude toward the United Auto Workers when the legislators demanded the union make deep concessions in return for the first allocation of federal bailout money to the auto industry last December. Between The Lines' Scott Harris spoke with BBC-TV investigative reporter Greg Palast, who assesses the performance of President Obama in dealing with the current economic crisis.

Greg Palast is author of "Armed Madhouse." Read his articles and see a trailer of his new video, "Palast Investigates" online at www.gregpalast.com


RealAudio:
http://btlonline.org/2009/ram/palast041009.ram

MP3:
http://btlonline.org/2009/mp3/palast041009.mp3

LISTEN to this week's half-hour program of Between The Lines by clicking on one of the links below:

RealAudio:
http://btlonline.org/2009/ram/btl0041009.ram

DOWNLOAD the MP3 by visiting:
http://btlonline.org/download

VIEW the Between the Lines website by clicking on the link below:
http://www.btlonline.org

***********************************

"Between The Lines" is a half-hour syndicated radio news magazine that each week features a summary of under-reported news stories and interviews with activists and journalists who offer progressive perspectives on international, national and regional political, economic and social issues. Because "Between The Lines" is independent of all publications, media networks or political parties, we are able to bring a diversity of voices to the airwaves generally ignored or marginalized by the major media. For more information on this week's topics and to check out our text archive listing topics and guests presented in previous programs visit: http://www.btlonline.org
*
"Between the Lines," WPKN 89.5 FM's weekly radio news magazine can be heard Tuesdays at 5:30 p.m. ET; Wednesdays at 8 a.m. ET and Saturdays at 2 p.m. ET (Wednesday's show airs at 7:30 a.m. ET during fundraising months of April and October).
*
For an email subscription of "Between The Lines Weekly Summary" which features a RealAudio link to the week's program for Between The Lines, send an email to btlsummary-subscribe (at) lists.riseup.net
*
For an email subscription of "Between The Lines Q&A" which features a RealAudio link and weekly transcript to one of the interviews featured on Between The Lines, send an email to btlqa-subscribe (at) lists.riseup.net
*
betweenthelines (at) snet.net
*
http://www.squeakywheel.net/
*
Distributed by Squeaky Wheel Productions
©2009 Between The Lines. All Rights Reserved.
See also:
http://www.btlonline.org
http://www.btlonline.org

Copyright by the author. All rights reserved.
Add a quick comment
Title
Your name Your email

Comment

Text Format
Anti-spam Enter the following number into the box:
To add more detailed comments, or to upload files, see the full comment form.