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Thom's blog
The dirty secret behind right-wing austerity
The motivation behind the world-wide economic con of austerity has been discovered. And, the source is none other than Pete Peterson – the debt-obsessed billionaire who stands to make billions off the privatization of our social safety net. Just days ago we told you how a 28-year-old grad student debunked the Reinhart-Rogoff study used to push austerity throughout the world. Well, now we know why Republican “fuzzy math” was used in the first place. Pete Peterson's organizations bankrolled that study.
Kenneth Rogoff, one of the study's leading authors, is a member of the Advisory Board at the Peterson Institute, which published the pro-austerity study. And, Carmen Reinhart is a regular participant of Peterson Institute functions, along with the likes of Paul Ryan and Alan Simpson. While the now-debunked study's math might have been written off as a mere error by the authors, the link to Peterson indicates that ideology, rather than incompetence, is the cause.
The austerity-induced human suffering and economic destruction should have been evidence enough for democrats to stop believing in budget-cut myths. But, the link to Peterson proves that “high debt causes slow growth” theory is nothing more than right-wing manufactured hysteria. Peterson and the corporatist machine have created this problem, and the so-called solution, to perpetuate the myth that government spending – not historically low tax revenue – is the real problem. And they have even gotten democrats to believe it.
It's time for President Obama and Democratic leaders to see the writing on the wall and take a formal stand against austerity. No nation, in the history of the world, has ever cut it's way to prosperity, and no fabricated economic study can change that.
-Thom
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Tonight on The Big Picture on RT TV at 7pm and 9pm... Susan Cain, "Quiet: The Power of Introverts In A World That Can't Stop Talking" (check your local listings for stations or stream at RT, and catch past shows on Youtube)
In for Thom tonight: please welcome Progressive Writer Sam Sacks.
Conversations with Great Minds - Susan Cain, "Quiet: The Power of Introverts In A World That Can't Stop Talking" 
**Oregon viewers, join Thom this weekend for "Passing The 28th Amendment - Corporations are not People, Money is not Speech" - Friday 4/25 at 7pm, First Unitarian Church, Portland, OR / Saturday 4/26 at 1pm, Grand Ballroom & Theater, Salem, OR / Also, PAGAC ZAP Spring Celebration (2-6pm, Thom speaks at 5pm), Portland, OR** |
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Thursday's Daily Stack 
Hour One: "Brunch With Bernie"... the honorable Senator Bernie Sanders (I-VT) joins Thom with all the news from our nation's capitol and as always he'll be spending the hour taking your calls and answering your questions too... Follow Bernie:    campaign site.
Hour Two: The right wing cult machine exposed...
Hour Three: No more trading rights for fear- Attorney Mike Papantonio, host of "Ring of Fire Radio" 
Geeky Science - Ants have jobs...nurses, foragers & janitors
"Your food is deceiving you..."- Ocean Robbins, CEO-Food Revolution Network & co-author (with his dad, John Robbins) "Voices of the Food Revolution"
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Friday on The Thom Hartmann Program, 3-6pm ET
In for Thom today, Dr. Mike Newcomb of "The Mike Newcomb Show" on 1480AM KPHX, Phoenix, AZ.
Hour One: Big retail ignores worker safety plan, hundreds dead in factory collapse- Anthony Arnove, "Howard Zinn Speaks", "Voices of a People's History of the United States".
Hour Two: What you need to know about the new bird flu- Dr. Anthony Fauci, National Institute of Allergy & Infectious Diseases (NIAID)
Hour Three: Anything Goes Friday
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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Monday on The Thom Hartmann Program, 3-6pm ET
We'll have the latest news & information from the weekend...
Plus, we'll get up an up close look at America's "Dirty Wars" with Author/Film Producer Jeremy Scahill...
And, the best of the rest of the news along with your calls right here on...
The Thom Hartmann Program
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Thom's Poll
Was the FAA given flexibility on cuts because of delayed flights?
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Watch & Listen to Thom
The Right Wing Cult Machine Exposed
Your Take/My Take Live - What about Corporate Terrorism?
Geeky Science: Ants have Jobs...Nurses, Forager...
Here's What Your Libertarian Paradise Looks Like
Victim of 'Stop & Frisk' Speaks Out...
No More Trading Rights for Fear...
Or watch the Full "Big Picture" Show...
Full Show 4/25/13: The Right-Wing Cult Machine Exposed
Thom talks with Attorney and Radio Host Mike Papantonio on the news that Dzohkar Tsarnaev stopped talking to authorities after he was read his miranda rights. Also discussed: how "big" government could have saved lives in West, TX and New York's racist stop and frisk law. Thom takes viewer phone calls in "Your Take, My Take Live," and in tonight's "Daily Take" Thom exposes Rush Limbaugh's right-wing cult.
Thom Hartmann on the News: April 25, 2013
Your Food is Deceiving You!
Caller: Austerity Study Authors Benefited From Pete Peterson
No More Trading Rights for Fear
The Right Wing Cult Machine Exposed
Brunch with Bernie: April 25, 2013
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 Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
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