The corporation behind the Keystone XL oil pipeline has asked the Obama administration to suspend its long-running review of the controversial project. On Monday, TransCanada told the State Department it wants to wait until Nebraska, a state along the pipeline’s route, gives its approval. If the delay is granted, the decision on Keystone XL would be pushed until after the 2016 election—and possibly handed to President Obama’s successor. That’s led many to speculate TransCanada is throwing a Hail Mary in the hopes the next White House occupant is a Republican. We are joined by Bill McKibben, co-founder of 350.org, an environmental group that has helped lead the multi-year grassroots campaign against the Keystone XL. "In the end, this was never really about the power of the administration," McKibben says. "This was about the power of organized people to come together and change the script—and that’s what’s happened here."
As the Obamacare open enrollment period begins, it’s the end for many healthcare co-ops, leaving hundreds of thousands of people scrambling to find coverage. The co-ops were founded to offer a cheaper alternative on insurance exchanges after Democrats stopped demanding a public option. But since going live three years ago, the co-ops have faced major cutbacks from the Republican-controlled Congress. Now the system is faltering, with at least eight health insurance co-ops shutting down. The co-op closures have left some 500,000 people without insurance—and a marketplace of fewer choices and higher prices. It’s the kind of scenario that advocates of a single-payer system warned about from the outset: With Obamacare relying on for-profit insurance companies to provide coverage, the market will find a way to squeeze out those who need it most. We are joined by three guests: physician, professor and single-payer advocate Dr. Steffie Woolhandler; Wendell Potter, a former insurance executive turned whistleblower; and Julia Hutchins, chief executive officer of Colorado HealthOP, a consumer-directed, nonprofit health cooperative in Colorado that was forced to shut down last month.
When it comes to sheltering the wealth of the super-rich, the United States is moving up the ranks. A new study says the U.S. is now the third most secretive country for offshore finances, trailing only Hong Kong and Switzerland. While recent U.S. laws force banks and other firms to disclose the assets of American citizens, Washington has been criticized for failing to share that information with other countries. A 2012 study by the Tax Justice Network on the "offshore economy" estimated that wealthy individuals and their families have between $21 and $32 trillion of hidden financial assets around the world in offshore accounts or tax havens. The actual sums could be higher because the study only dealt with financial wealth deposited in bank and investment accounts, and not other assets such as property and yachts. The new documentary "The Price We Pay" tackles the issue of tax havens and their cost to the societies losing out on trillions of dollars in revenue. We are joined by the film’s director, Harold Crooks, and economist James Henry, senior adviser with the Tax Justice Network.
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