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Full Show 10/10/12: The Black Friday Ultimatum

Guest host Sam Sacks fills in for Thom Hartmann and discusses the Wal-Mart worker strike, the result of private corporations running our nation's prisons and how the state of Montana really cares about our democracy. In tonight's "Daily Take" Thom looks at how it came to be that billionaires who kill jobs have become known as job creators.

Greece vs. Iceland - are we seeing the collapse of Globalism?

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. Economist Marshall Auerback, Economists for Peace and Security joins Thom for more on this topic

Now Ireland is Nationalizing the Banks

Ask any economist - and they will tell you that the housing crisis is still very real - and it's still one of the major headwinds for our economic recovery. Yet - in the last Presidential debate - there was virtually no attention paid to this crisis and the millions of Americans who are on the verge of losing their homes. Why is that? Well - it's because both candidates know that the one best solution to the mortgage crisis is to make the banksters take a hit. And - as anyone who's familiar with post-Citizens United politics knows - if you're in favor of a policy that's gonna hit Wall Street - and you want to be elected to political office - then you need to keep your mouth shut about it. And that's exactly what both men did. But in Ireland - they're not afraid of the banksters. This year - the Irish government is expected to pass a law will force the banks to write down principal on their home loans, which will substantially lower monthly mortgage payments for struggling homeowners. Of all the nations hit by the global housing crisis - not a single one has taken bold steps to help homeowners at the expense of the banksters. But Ireland is trying to change that now. Here's what they're doing. They're changing their bankruptcy laws to make it easier for struggling homeowners to walk away from an underwater home mortgage. And when a homeowner declares bankruptcy this way, the bank gets nothing.

The Good, The Bad and the Very Very Incruentalously Ugly!

The Good! *Obama for America* President Obama's campaign has released a new ad - poking fun at Mitt Romney's debate comments last week that he would cut funding to PBS - and Big Bird. Finally - a politician in America is ready and willing to take on one of the most important and pressing issues of our time - the greed and corruption that is taking over Sesame Street. Watch out Cookie Monster - Mitt's coming for you next (unless your cookies are from 7/11 - in which case you're probably safe)

The UN is Calling for a World-Wide Safety Net for the Poor

UN experts warned that most people around the world do not have adequate social protection from things like illnesses, disabilities, unemployment, and high food costs. So the UN is proposing a $20 billion global social safety net to help people living in the world's 48 poorest nations. Developing nations are being asked to contribute 2/3ds of the cost to this social welfare program - while rich nation are asked to foot the remainder of the bill. The UN's special rapporteur for food explained that this is a good investment for the world - saying: "Acting preventatively is much less expensive than intervention on an ad hoc basis. It costs eight times more to act in famine. By having safety nets in place, it will not be so necessary to intervene at an emergency stage." Here in the United States, we've forgotten this lesson while our own social safety nets are under unprecedented assault by billionaires like Mitt Romney and Ayn Rand followers like his running mate Paul Ryan. We need to understand that access to food when you're hungry - access to a job when you're poor - access to shelter when you're cold - and access to healthcare when you're sick are not luxuries that the well-off should grant to the poor among us. They are basic human rights.

Sensata Workers & Community Blockade Bain

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.

Daryl Hannah on the TransCanada pipeline

Daryl Hannah & Eleanore Fairchild join Thom Hartmann. It's a sad day in America when you can be arrested for trespassing on your own land - but that's exactly what happened to one elderly woman in Texas. Why was Eleanore Fairchild arrested on her own property - and what does Big Oil have to do with this injustice?

Greece vs. Iceland - are we seeing the collapse of Globalism?

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."

Full Show 10/9/12: The Collapse of Globalism?

Thom talks with economist Marshall Auerback on the latest outrage in Europe over continued austerity measures. Also discussed: Actress Daryl Hannah on why she's risked her freedom to stand up against TransCanada and their Keystone Pipeline, the latest on Bain company Sensata Technologies and how the UN hopes to create a global safety net. And in tonight's "Daily Take" Thom looks to the countries of Iceland and Ireland to find a solution to America's housing crisis.

Why Bhutan did the opposite of privatization

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 ...

Is It The End of Men?

with Hanna Rosin, Journalist/Author joins Thom Hartmann. 100 years ago - there was little doubt in America that men were the heads of the household - and the breadwinners of the family. 50 years ago - not much had changed. America still largely regarded the husband as the leader of the family - while the wife was responsible for domestic issues - like cleaning and cooking. But fast forward to today - and despite what Republicans will try to tell you - these once set in stone gender roles are suddenly up in the air. So - if you think that men are still wearing the pants at home - and in the American economy - then everything you know is wrong.

Can we as a nation really scrap affirmative action policies

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.

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