Will a 12 dollar an hour minimum wage work? Five dollar a gallon of gas certainly does NOT. Nor does Chinese computer theft of America’s secrets.
Economist James K. Galbraith talks about the “mania” on the right about cutting Social Security and Medicare, which he says will only further weaken the purchasing power of the elderly.
Gas prices are going through the roof … and Steven Coll, president of the New America Foundation, has written a book exposing how Exxon-Mobil determines both the price of gasoline AND U.S. foreign policy.
And Bill Press talks with an expert on the Chinese hacking of America.
James K. Galbraith, a world famous economist, sheds some light for us about the effects of any cuts in Medicare or Social Security … and he makes the case for a minimum wage of TWELVE dollars an hour.
http://www.utexas.edu/lbj/directory/faculty/james-galbraith
The GOP's disdain for low-wage workers.
Now, with gas prices on everyone’s mind, we’ll hear from Steven Coll, author of a book exposing how Exxon Mobil influences U.S. energy and foreign policy. He says that over the decades, the U.S. government has not achieved its energy objectives, but Exxon has.
http://www.amazon.com/Private-Empire-ExxonMobil-American-Power/dp/1594203350/ref=la_B001H6OLII_1_1?ie=UTF8&qid=1361734296&sr=1-1
Bill Press and his guest, Dan McWhorter, a computer expert who reveals how China is stealing America’s intellectual property.
http://www.mandiant.com/