This Week on Between The Lines

Posted June 21, 2017 for week ending June 30, 2017

lede

"Now the Congress, the Republican-ruled Congress, says they will have to turn the clock back, since the government regulators, the representative of the people have too much power and we need to get more power to the banks and the bank executives who run those banks."

– Morris Pearl, chairman of Patriotic Millionaires and former managing director at BlackRock, on how the Republican Congress is trying to convince America the financial crash of 2008 was caused by the Dodd-Frank Act that was signed in July of 2010.


Listen to the entire program using these links, or to individual interviews via the links appearing prior to each segment description below.

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GOP House Guts Dodd-Frank Financial Regulations, Inviting Next Financial Disaster

MP3 Interview with Morris Pearl, chairman of Patriotic Millionaires and former managing director at BlackRock, conducted by Scott Harris

finance

The Republican-controlled House of Representatives passed the so-called, Financial CHOICE Act on June 8,which would gut the 2010 Dodd-Frank banking regulation law by a party line vote of 233 to 186. The overall objective of the GOP bill is to eliminate much of the oversight of the nation’s banks that was imposed after the 2008 financial meltdown, the worst economic crisis in the U.S. since the Great Depression.  Story continues

Climate Alliance Tells World: Trump Doesn’t Speak for U.S. on Climate Change

MP3 Interview with Alden Meyer, director of strategy and policy with the Union of Concerned Scientists, conducted by Melinda Tuhus

climate

Donald Trump’s June 1 announcement that his administration is withdrawing the U.S. from the Paris Climate Accord has prompted more coverage in the corporate media of the climate crisis than that of several preceding years. Because the Paris agreement stipulates that any signatory nation must wait three years before finalizing its withdrawal, the first day the U.S. can officially withdraw is Nov. 5, 2020, one day after the next U.S. presidential election. However, Trump announced that his administration would do nothing to fulfill previous climate pledges made by President Obama, so it’s not clear how much difference it makes whether the U.S. is officially inside or outside of the voluntary pact, to which all but two other nations in the world agreed.  Story continues

Michigan State Officials Face Manslaughter Charges in Flint Water Crisis Deaths

MP3 Interview with Melissa Mays, water crisis activist and founder of the Flint-based group Water You Fighting For, conducted by Scott Harris

flint

The water crisis in Flint Michigan continues with thousands of residents still forced to use bottled water for drinking, cooking and cleaning. Flint’s crisis began in 2014 when an unelected city manager appointed by the governor attempted to save money by changing the town’s water source from Lake Huron to the Flint River, triggering lead contamination that endangered the health of the entire population, particularly children.  Story continues

This week’s summary of under-reported news

MP3  MP3

Compiled by Bob Nixon

 

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