Debi Kempel of Freeport joins Thom Hartmann. In just over a month - Sensata Technologies in Freeport, Illinois will shut its doors - thanks to Mitt Romney's Bain Capital and it's love of outsourcing. But workers at Sensata aren't going quietly - and are doing all they can to bring attention to Bain Capital's all out attack on American jobs.

The global economy is sputtering out. The International Monetary Fund cut its growth forecasts for the world economy - and warned that there is an "alarmingly high" risk of deep economic slowdown. IMF projections now show the global economy growing by a mere 3.3% this year - the slowest growth since 2009. As the IMF says in its report: "Confidence in the global financial system remains exceptionally fragile...Bank lending has remained sluggish across advanced economies." With Europe's economy contracting, the United States headed for a "fiscal cliff," and emerging economies like India and China also slowing down - IMF leaders are calling on policy makers to address the threats in their economies. All around the world - we are witnessing the collapse of corporate globalism. The only question left is: just how messy will it get before working people around the world come together to forge a new economy for the 21st century. That question is especially important in Greece where tens of thousands of demonstrators took to the streets today to protest their financial overlord - German Chancellor Angela Merkel. Greece attempted to ban protests during Merkel's visit - but more than 25000 people still turned up to demonstrate. Merkel attempted to express solidarity with the Greek people - acknowledging that it's been a "very difficult phase" but "part of the journey has already been accomplished." She was met with signs that read, "Merkel we are a free nation and not your colony."

Let's think about what's going on in the United States right now...Everywhere you look - the profit motive is replacing the public good. What used to be our commons: our education systems, our roads and bridges, our social safety nets, our prisons, our water and power systems, you name it - they are all being devoured by billionaires and their for-profit corporations. And they only have one motive - to make higher and higher quarterly profits. So with the privatization of water facilities in Detroit - it's no longer a question of, "How water can be supplied to the most residents in the best way possible?" - it's now a question of, "How can the basic human need for water be used to turn a profit?" With the privatization of prisons in places like Ohio and Arizona - it's no longer a question of "How we can administer our criminal justice system for the good of the society?" - but, rather, "How we can lock up more and more Americans to increase profits?" And with the privatization of education - which can be seen in the push for charter schools and billionaire-funded Hollywood movies - it's no longer a question about, "How we can educate our kids to be leaders in the new economy?" - but, rather, "How we can shuffle kids in and out of classes in the most profitable way possible?" The Republican Party has pushed privatizing Social Security since the thirties, and privatizing Medicare since the sixties. Our food supply is now increasingly dominated by one private corporation ...

Inimai Chettiar, Brennan Center for Justice, joins Thom Hartmann. Job Truthers aside - last week's jobs numbers show significant gains in the African American community. While the numbers are still far too high - the unemployment rate for African Americans dropped from 14.5% in August down to 13.4% in September - which is the lowest level since 2009. But there are still enormous challenges facing the African American community. Consider these numbers revealed in a new book titled "Documenting Desegregation" Since 1980 - there has been no improvement whatsoever. in terms of workplace desegregation for African American men - whereas white men have seen their access to managerial jobs increase since 1966 among nearly all sectors. The same holds true among African American women - as segregation of white and black females in the workplace is again on the rise. Clearly - the election of Barack Obama wasn't a cure-all to America's race problems. Segregation is still with us - just not quite as blatant.