Friday News Roundup - International
http://thedianerehmshow.org/shows/2011-12-23/friday-news-roundup-international
Thousands of North Koreans gather in the snow to mourn Kim Jong-il. Arab league delegates arrive in Syria amid reports that government troops killed more than 200 people in two days. The European Central Bank pumps a record $640 billion into the troubled eurozone economies. Abderrahim Foukara of Al Jazeera Arabic, Susan Glasser of Foreign Policy magazine, and David Sanger of The New York Times join Diane for analysis of the week's top international news stories.
Guests
Abderrahim Foukara
Washington bureau chief of Al Jazeera Arabic.
Susan Glasser
editor-in-chief, Foreign Policy.
David Sanger
chief Washington correspondent for The New York Times.
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Top Ten Worst Economic Ideas of 2011
1. Taxes should be more regressive.
2. Austerity works. (Europeans should note)
3. Export growth models are sustainable.
4. Fannie and Freddie caused the housing meltdown.
5. Cutting Social Security benefits is a priority.
6. Inflation is just around the corner.
7. The Medicare eligibility age should be raised.
8. Competition between Medicare and private health insurance will reform the health care system and reduce costs.
9. Federal spending should be capped at 21 percent of GDP.
10. Balancing the budget should involve equal parts tax hikes and government spending cuts.
For a detailed description see this link:
http://www.huffingtonpost.com/jeff-madrick/the-10-worst-economic-ide_b_1...
Occupy Wall Street did not get a mention in this year-end "round-up" discussion of significant events. (OWS not international? I beg to differ -- in Europe anti-corporate sentiments were echoed and a significant dissent movement set into motion.) OWS could be argued to be home-grown so these "journalists" could be said to be UNpatriotic in ignoring this important development.
But the likes of David Sanger are champions of the 1%, are they not? It doesn't matter that they only see things through the eyes of Washington power elites -- they get it wrong most of the time -- but no matter -- here they are, year after year pontificating in front of Diane Rehm's microphone.
Something new in 2012 would be Diane Rehm having a real political discussion rather than a cheer-leading session for US power elites and "US Interests" (WHAT "interests", WHOSE interests are we talking about here, exactly? They never elaborate, do they?)