Thom's blog
Republicans to shut the government down?!
You need to know this. Many incoming Republican freshman members - as well as old guard figures within the party - are promising to deliver on their threat to shut down the government. That is - despite the devastating effects it could have on - not only our economy – but the financial stability of the entire world. If Republicans choose not to increase the debt ceiling early next year – a move supported by the Tea Party and an increasing number of GOP lawmakers – including the second most powerful member of the caucus – Eric Cantor – then the government will indeed shut down. The last time Republicans shut the government down - back in 1995 and 1996 – it cost taxpayers $800 million. So what are the consequences if the Republicans do it again? The Center for American Progress released a report on this issue. First – over 40% of the government will stop working. That means no Social Security payments – no Medicare coverage – no unemployment insurance - no funding for our troops in combat overseas – and no homeland security. Sound like a place you want to be? Second – defaulting on our national debt could cause a run on our Treasury bonds. In other words – all the countries that we owe many to – like China – could immediately ask for their money back. It would be like a run on the banks – but instead – a run on the US economy. On top of that – the credit worthiness of our country would plummet - leading to higher borrowing costs and guess what – a larger deficit and national debt. Finally – the government is responsible for about a fifth of the spending in our economy. If that money is suddenly sucked out – then we might as well brace ourselves for the second Great Depression. There you have it – the Republicans plan to fix our economy.
-Thom
(Do you think the Republicans will succeed? Tell us here.)
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"Mass Deception" exposes the new George W. Bush memoir
Mass Deception, the bold and critically acclaimed new book by criminologist Scott Bonn, reveals that the Bush administration lied about the threat from Iraq and committed war crimes throughout the invasion and occupation. Order it today on amazon.com. Visit and "like" the Mass Deception fan page on facebook. |
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Today on the Big Picture.. Is Obama a Republican? On RT TV at 9pm and 11pm... (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: Congressional Tea baggers are still brewing a Government Shutdown or tax cut summit? (Really?!) I'm joined in the studio by Dan Gainor, V.P. & T. Boone Pickens Free Market Fellow-Business and Media Institute.
Screwed: China eating our lunch on energy innovation with Brian McGraw, Research Associate - Freedom Action (a off shoot of the Competitive Enterprise Institute.
Bi-partisan move to cut defense spending. With Mattie Corrao, Director of Fiscal Policy - Americans For Tax Reform (Grover Norquist's organization).
"Best of the Rest" of the News... Art Exhibit at National Portrait Gallery - Christian activists force Smithsonian to pull Aids video from show With Jeff Field, Communications Director-Catholic League for Religious and Civil Rights.
Pay freeze for Federal civilian employees...contractors too?. With Gerry Swanke, National Vice President with the American Federation of Government Employees (AFGE).
Daily Take:Is Obama a Republican?.
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If you depend on programming like the Thom Hartmann Program, Democracy Now!, and GRITtv, please consider supporting their endeavors by sustaining the network that distributes their programming to to over 35 million US homes via DISH Network channel 9415, DIRECTV channel 348, over 100 US cable affiliates, and to the world via FREESPEECH.ORG.
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Read Thom's Book for Free!
Now you can read all of Thom Hartmann's "Rebooting the American Dream: 11 Ways to Rebuild Our Country" for free online. Truthout is publishing weekly installments over 12 weeks.
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The Daily Stack
Quote: "Act as if what you do makes a difference. It does." -- William James.
Today is "World AIDS Day";
Hour One: Is Obama really the last Nixonian Republican?
Hour Two: Should religious groups be able to censor government funding of the arts? I'll have a rumble with Dan Gainor of the Business and Media Institute...
Talk Radio News Segment: Ellen Ratner, Bureau Chief, live from Sudan.
Hour Three: "Griftopia: Bubble Machines, Vampire Squids, and the Long Con That is Breaking America"... the brilliant new book by Rolling Stone investigative reporter Matt Taibbi - Matt will be here...
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Coming up Thursday on The Thom Hartmann Program
The Fed has published details of its $3.3 trillion Commercial Paper Funding Facility program, and aid program for corporations, we'll be talking about it.
Plus one of my favorite segments...Geeky Science Rocks!! Our guts and airways are awash in bacteria, what's different for people with Asthma? Find out here!
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program... your media support group for we the people.
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Watch & Listen to Thom
Should the FBI be allowed to entice teenagers to become a terrorist?
Atheists vs Catholics: happy holidays!
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Break the Cycle Now
In a June, 2005 Atlantic Monthly article, Stephen Budiansky wrote about Marine Major Sherwood Moran, the most successful interrogator of Japanese prisoners of war during WWII. He spoke Japanese, he lived in Japan, and he knew the culture. He believed that the “‘first and most important victory’ is getting ‘into the mind and into the heart’ of the prisoner and achieving an ‘intellectual and spiritual’ rapport with him.”
I wonder when the day will come that a generation of Americans will walk through a museum at the Bagram air force base in Afghanistan, or Abu Ghraib in Iraq, or Guantanamo in Cuba, or perhaps one of the hidden detention sites inside the United States or in Poland or in Czechoslovakia, and view it as our Dachau, places where horrific acts took place.
And we will walk through those museums with our children saying, “Yes, that’s what we did. This is what George Bush, Alberto Gonzalez, and Dick Cheney did. And we are ashamed.”
We can insure that there are no more such atrocities done in our name by taking a series of simple, straightforward measures: cutting our defense budget in half, bringing our military forces home from bases overseas, and instituting a national service program so every American feels he or she has a stake when a President or Congress decides to go off on some exotic foreign military adventure.
We need to stop dropping bombs to promote freedom and democracy, and start engaging, educating and enlightening others so they can see the fundamental goodness of the traditional American virtues of a free and open society.
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Thom and Louise Hartmann founded the New England Salem Children's Village in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow urgently. Please help if you can.
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Show Info
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