2020-03-16 11:56:31

Will Trump’s Covid-19 Bailout Help Wall Street Before Main Street?


Sonali Kolhatkar speaks with Chuck Collins, a senior scholar at the Institute for Policy Studies where he directs the Program on Inequality and the Common Good.

He has written a number of books including 99 to 1: How Wealth Inequality is Wrecking the World and What We Can Do About It, and Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good.

As President Trump declares a National Emergency over the outbreak of the novel coronavirus and readies a bipartisan aid package to provide relief, the big question arises: will the government once more prioritize help for the wealthiest individuals and institutions in the form of a bailout over the needs of the public?

Author Naomi Klein termed it “the Shock Doctrine.”

If past crises are any indication, it is to be expected that the corporate stranglehold of our political system will ensure that banks and profitable industries will weather the Covid-19 storm thanks to a bailout.

Even as ordinary Americans lose jobs and homes and accrue unsustainable debt.

Rising Up with Sonali is a radio and television show that brings progressive news coverage rooted in gender and racial justice to a wide audience.

Rising Up With Sonali was built on the foundation of Sonali Kolhatkar's earlier show, Uprising, which became the longest-running drive-time radio show on KPFK in Los Angeles hosted by a woman.

RUS airs on Free Speech TV every weekday.

Missed an episode?  Check out Rising Up on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling and online at freespeech.org.

Bailout Coronavirus COVID-19 Donald Trump Economy Free Speech TV Rising Up with Sonali Sonali Kolhatkar United States Wall Street

Economy

FSTV Speaks

Social Security Is Under Attack – Fight Back! | FSTV Speaks

Social Security Is Under Attack – Fight Back! | FSTV Speaks

The Rick Smith Show

The Rick Smith Show | An All-Out Assault on Organized Labor

The Rick Smith Show | An All-Out Assault on Organized Labor

The Randi Rhodes' Show

The Randi Rhodes Show | Businesses are Losing Their Minds

The Randi Rhodes Show | Businesses are Losing Their Minds

The Rick Smith Show

The Rick Smith Show | The Leopards Continue Eating Faces

The Rick Smith Show | The Leopards Continue Eating Faces

Lets Make Space for Healing Together

Lets Make Space for Healing Together

Working Families Power Mass Call: Hands Off Our Health Care - Watch on Demand Now!

Working Families Power Mass Call: Hands Off Our Health Care - Watch on Demand Now!

The Rick Smith Show

The Rick Smith Show | Time to Tackle Healthcare

The Rick Smith Show | Time to Tackle Healthcare

The Rick Smith Show

The Rick Smith Show | Following a Tragedy, Rick Smith Talks About what he Learned

The Rick Smith Show | Following a Tragedy, Rick Smith Talks About what he Learned

Related

Eye-Opening Truths About Cuba | What People Say About Belly of the Beast on FSTV

Eye-Opening Truths About Cuba | What People Say About Belly of the Beast on FSTV

FSTV Speaks

The Fight for Civil Rights Isn’t Over | FSTV SPEAKS

The Fight for Civil Rights Isn’t Over | FSTV SPEAKS

This Week In White Supremacy- Presented by 1HoodMedia

No Kings Just Clowns | This Week In White Supremacy

No Kings Just Clowns | This Week In White Supremacy

From FSTV - THANK YOU!

From FSTV - THANK YOU!

Proud Partners