The Jeff Farias Show 3/09/09
Posted in Politics on Mar 9th, 2009 No Comments »
Monday, March 9 2009
WE WILL BE AIRING FROM 3 - 6 PM LOCALLY TO ACCOMODATE TIME CHANGES AROUND THE COUNTRY
At 3:30 PM Arun Gupta has been a writer and editor for The Indypendent since 2000. Gupta has written extensively about the Iraq War for The Indypendent as well as Z Magazine and Left Turn and been a frequent guest on Democracy Now! He is currently working on a book about the history of the war. Gupta was previously an editor at the National Guardian from 1988-1992. His blog on the Iraq War can be found at http://theblogsofwar.typepad.com “The American century is drawing to a close. The United States is a wounded, but dangerous giant as its power is waning. As there is no contender for the throne, however, U.S. military and political power will continue to be projected globally with the support of other national elites, but with diminishing effect. The economic crisis is leading nation-states to retreat inward. Just like the Great Depression, which saw the rise of national economic plans such as the New Deal, the Soviet Union’s five-year plans and fascist Germany’s reindustrialization, the proliferation of stimulus plans and bailouts worldwide today indicates the global economic order is unraveling. The Asian economic model may be finished, with exports declining 50 percent or more in Japan, Taiwan, South Korea and other Asian powerhouses. With demand collapsing worldwide, countries can no longer export their way out of a recession. China’s response, with its huge internal market and cash reserves, has been to implement a far larger and more rational stimulus than the Obama plan. Yet focusing on domestic consumption to stimulate growth is a losing proposition. Production cannot survive on internal demand alone, and prioritizing domestic manufacturing over foreign trade will inevitably degenerate into “beggar-thy-neighbor” economic warfare. There may be a turn to regional economic and political blocs that countries like Russia and Venezuela are promoting” http://www.indypendent.org/2009/02/27/new-depression/ http://www.indypendent.org/?pagename=au … un%20Gupta
We heard from David Rovics who was in town tonight for a gig. One of the finest songwriter/agitators you’ll ever hear. http://www.davidrovics.com
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