Welcome. We continue our conversation with one of the worlds most influential economists sited by his colleagues in the field. Hes a nobel laureate, and hes mad as hell, infuriated by americas growing inequality as those at the top buy the politicians who write the rules that rig the system. Hes especially angry at how the tax code has been manipulated and abused to place the burden on the earners of ordinary income, instead of on the rich and powerful most able to pay. But Joseph Stiglitz says there are solutions. Heres what he told us in our last episode we have a tax system that reflects not the interest of the middle. We have a tax system that reflects the interest of the one percent. And i want to do is create a tax system that has incentives to create jobs. And if you tell a corporation, look it, if you dont create jobs, youre taking out of our system, youre not putting back, youre going to pay a high tax. But if you put back into our system by investing, then you can get your ta
And creativity in our society. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. Park foundation, dedicated to heightening Public Awareness of critical issues. The kohlberg foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. Ill wager that in the first seven pages of this book, losing our way, you will be hooked. And when you close the final chapter, you will have seen our country as you havent in a long time intimately, through the eyes of a great reporter. His stories take us across america, from the best buy headquarters in minnesota to ordinary homes in allentown, pennsylvania. You will meet Jessica Gallardo at her high school in brooklyn, and rico and frankie blancaflor of montclair, new jersey, survivors of hurricane sandy. You will nev
Mission is to promote compassion and creativity in our society. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. Park foundation, dedicated to heightening Public Awareness of critical issues. The kohlberg foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. As youve heard, eric holder has announced that hes resigning as attorney general. He will leave behind a mixed scorecard a for civil rights, c for Civil Liberties and f for failing to prosecute the banking executives who brought about the financial calamity of 2008. Holder let the bankers off the hook individually as he negotiated civil settlements with their institutions for issuing mortgagebacked securities tied to faulty where a federal jury acquitted four mortgage holders charged with
Welcome. We continue our conversation with one of the worlds most influential economists sited by his colleagues in the field. Hes a nobel laureate, and hes mad as hell, infuriated by americas growing inequality as those at the top buy the politicians who write the rules that rig the system. Hes especially angry at how the tax code has been manipulated and abused to place the burden on the earners of ordinary income, instead of on the rich and powerful most able to pay. But Joseph Stiglitz says there are solutions. Heres what he told us in our last episode we have a tax system that reflects not the interest of the middle. We have a tax system that reflects the interest of the one percent. And i want to do is create a tax system that has incentives to create jobs. And if you tell a corporation, look it, if you dont create jobs, youre taking out of our system, youre not putting back, youre going to pay a high tax. But if you put back into our system by investing, then you can get your ta
Israeli soldier it may have captured. Two Israeli Soldiers were killed and several captured as what was supposed to be a threeday truce a la part. The israeli response came swiftly an attack that left at least 60 dead and 200 wounded. U. S. President barack obama repeated his condemnation and said the u. S. Continues its support for israel and its right to defend itself, but that the plight of Palestinian Civilians must weigh heavily on our conscience. We go live to our correspondent in washington, but first, this report. One of the many signs the ceasefire is well and truly over israeli troops arriving at the border with gaza. The truce that was meant to last three days was instead blown apart after just 90 minutes. Both sides are trading blame, and there is no way to independently verify who fired first. Israels military says hamas gunmen emerged from tunnels and shot an israeli soldier. The u. N. Is giving credence to those reports, again calling on both parties to end the violence.