Real-World Economics Review

PFC Baker is a wounded warrior at the WTU in Fort Lewis, WA and is a big supporter of Operation Ward 57. Operation Ward 57 is a non-profit organization dedicated to supporting wounded soldiers, their families, and those who aid in their recovery. To learn more about Operation Ward 57 go to http://www.operationward57.org

The big economic news this morning was that 16 countries that use the euro and the International Monetary Fund have agreed to create a nearly $1 trillion rescue fund to support the euro and keep the problems in Greece from spreading. Here in the U.S., the Dow might be climbing, but people are still struggling to find employment and recovery, Dean Baker reminds us, is still a long way off. Meanwhile, the people who created the crisis are trying to use the deficits they caused to force cuts...

May 7, 2009 Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: http://www.facebook.com/tytnation Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Support The Young Turks by becoming a member of TYT Nation at http://www.tytnetwork.com/member-options/ Your membership supports the day to day operations...

Dean Baker, co-director of the Center for Economic and Policy Research, speaks at an April 15, 2010 news conference in Washington, D.C. in support of the Financial Speculation Tax. A broad coalition of economic experts, labor leaders, and consumer, development and global health advocates are calling on Treasury Secretary Timothy Geithner, Congress and President Barack Obama to swiftly pass and enact a tax on financial speculation. The tax is a very small levy on financial short-term...

http://ourfuture.org discusses CNN's decision to air four hours of programming based on conservative deficit propaganda from the Peter G. Peterson Foundation, which is subjected to a forceful take-down by Campaign for America's Future co-director Roger Hickey and Dean Baker of the Center for Economic and Policy Research. CNN scheduled "I.O.USA: America's Money Crisis" to air during the weekend of April 10 and 11. "What we're seeing here is a real campaign to get the country to focus on...

http://www.huffingtonpost.com/dean-baker/did-we-make-a-profit-on-c_b_522624.html Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: http://www.facebook.com/tytnation Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Support The Young Turks by becoming a member of TYT Nation at...

The Obama administration has announced changes to its signature foreclosure prevention program, Making Home Affordable. The initial foreclosure relief program unveiled one year ago was supposed to help up to four million struggling homeowners. So far fewer than 200,000 borrowers have been granted permanent loan modifications. Meanwhile, a record 2.8 million properties with mortgages received foreclosure notices last year, according to the real estate data company RealtyTrac.

Dean Baker argues that our debt is not unsustainable and that we should invest more money in fighting unemployment.

Dean Baker, co-director of the Center for Economic and Policy Research, is the guest speaker at NC Policy Watch's Crucial Conversation luncheon on March 18, 2010. The noted economist discusses what is really needed to shrink the jobless rate and improve the nation's economic outlook.

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