The famed award-winning investigative reporting team of Donald Barlett and James Steele have just published a new book, "The Betrayal of the American Dream," a followup to their landmark bestseller, "America: What Went Wrong?" As Republicans and Democrats continue disputing who should bear the brunt of the tax burden, Barlett and Steele argue that America’s middle class has been decimated over the years due to policies governing not only taxes but also bank regulations, trade deficits and pension funds. Their book chronicles how the American middle class has been systematically impoverished and its prospects thwarted in favor of a new ruling elite. Barlett and Steele have worked together for more than 40 years, sharing two Pulitzer Prizes and two National Magazine Awards. The duo join Amy Goodman of DemocracyNow! to discuss the assault on the middle class, the great tax heist, deregulation, the outsourcing of U.S. jobs by companies like Boeing and Apple, and the end of retirement. "People are going to have to work forever, and yet what are those jobs going to be? What are they going to pay? And it also puts pressure then on people coming into the workforce. How are they going to get a job if people are having to work between 65 and 75 years old?," Steele says. The duo also discuss their past reporting on the 2002 Olympics in Salt Lake City, headed by the Republican presidential candidate, Mitt Romney, and note he headed "an Olympic committee where that entire operation raided the federal Treasury like no other Olympics in history."
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marinarasays...*quality
siftbotsays...Boosting this quality contribution up in the Hot Listing - declared quality by marinara.
MrFisksays...*money
siftbotsays...Adding video to channels (Money) - requested by MrFisk.
MrFisksays...Part two: http://www.youtube.com/watch?v=uBJsc66taig
Part three: http://www.youtube.com/watch?v=Ub6Kj1R7ejI
MrFisksays...*promote
siftbotsays...Promoting this video back to the front page; last published Thursday, August 2nd, 2012 6:45am PDT - promote requested by MrFisk.
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