Pacifica to file for bankruptcy?
Pacifica update: Bill Crosier, the network’s interim executive director (they’ve all been interim for years, since they can’t formally choose a permanent one) has decided to call for a bankruptcy filing, reminding directors who try to obstruct the move they could be personally liable for a breach of fiduciary duty. It wouldn’t surprise me if half the board members don’t know what that means. [Weirdly, Facebook won’t let me post the resolution itself, just Crosier’s email.] Subject: Bankruptcy motion – It’s time Date: Wed, 27 Dec 2017 21:45:43 -0600 From: Pacifica… Read More
Fresh audio product
First there was a vacation, then some fundraising at KPFA, and then some delay on my part—but finally some fresh material posted to my radio archives. But first, a word to our sponsors. If you like these shows and want to keep them coming, then please support KPFA. I doubt I’d continue doing them if it weren’t for KPFA, and KPFA does a lot of great broadcasting for the other 167 hours of the week: Support KPFA… Online! Ok, now the shows: August 15, 2013 Thomas Sugrue, author of The Origins of the Urban Crisis: Race… Read More
Rolling where?
Rolling Jubilee (RJ) has certainly gotten a lot of attention in the few days since it was launched. An initiative of Strike Debt!, an offshoot of Occupy Wall Street, the Jubilee describes itself as a…project that buys debt for pennies on the dollar, but instead of collecting it, abolishes it. Together we can liberate debtors at random through a campaign of mutual support, good will, and collective refusal. Debt resistance is just the beginning. Join us as we imagine and create a new world based on the common good, not Wall Street profits…. Read More
Fresh audio product, lots of it
Freshly posted to my radio archives. Sorry, don’t know why it took so long. Very often the podcasts are up for subscribers well ahead of the web page update, though. September 13, 2012 Josh Bivens of the Economic Policy Institute on the State of Working America • Melissa Gira Grant, author of this fine piece, on sex workers and their self-appointed saviors September 6, 2012 Christian Parenti talks about the politics of climate change on the occasion of the publication of the paperback version of Tropic of Chaos August 30, 2012 Joel Schalit on a militarized, post-democratic Israel • David Cay Johnston on Romney’s taxes August 23,… Read More
LBO News from Doug Henwood 
Posted on August 15, 2009 by Doug Henwood
Radio commentary, August 15, 2009
On Wednesday, the Federal Reserve completed its regular policy-setting meeting, an event that happens every six weeks or so. The communiqué they issued after this one contained few surprises. They see the economy as leveling out, and the financial markets in an improving trend, but prosperity as anything but around the corner. More precisely, they expect economic activity “to remain weak for a time,” and anticipate that they will continue to engineer a regime of “exceptionally low,” in their phrase, interest rates. They see the risks of inflation as very low too—unlike a… Read More