ฝัง
- เผยแพร่เมื่อ 7 ก.ค. 2024
- Journalist Zaid Jilani argues how some of Congress has prioritized the needs of corporations over working people in its coronavirus response.
About Rising:
Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It also sets the day's political agenda by breaking exclusive news with a team of scoop-driven reporters and demanding answers during interviews with the country's most important political newsmakers.
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That dratini plush though! Also whatcha cookin ? That microwave is yelling at you 😂
If big corporations need a bailout, they should be nationalized. You'd see how quickly they'd stop crying if trump told them that.
There's a legal system of bailouts that all corporations can use if they feel the need. It's called Bankruptcy. ;)
@@dandotvid But if they go bankrupt, workers lose their jobs and the corporations go under. If they were nationalized, the government could compensate those workers for their lost salaries and make up for the loss...and make profits...when the economy picks up again.
Not necessarily. Depends on the corp.
@@karmafride1237 Thing is, laid off workers usually don't make enough on unemployment to become entrapreneurs. They usually just join the gig economy to eke out a living and support their families. 8nly someone who has money to invest will take a chance and open a small business in today's economy.
I really have no problem with corporations being sucessful, growing and making money if people want to buy their products. What I resent is that they don't pay their fair share of taxes, demand all kinds of tax cuts, subsidies and incentives be given to them from our tax dollars for employing people or move their corporations to developing countries where they exploit cheap labor, but expect the American government to protect them if something goes wrong and when they make a profit, instead of saving that money, they buy back shares of their stock to increase it's value while laying off workers and expecting the government to pay for their keep. In a downturn, they should just sell their stock to keep themselves solvent or let the government nationalize them.
Also, both corporations and banks should be regulated by the government...they shouldn't get away with crashing our economy, stifiling competition or polluting our environment. We used to have tegulations before the neocons and neolibs gave them a free pass in return for campaign domations after 1980.
I somewhat agree that they should have to trade stock in exchange for a bailout. But this would of course impact the DJIA and everyone's portfolio's negatively. Which is why they print monopoly money and kick the can forward because every other first world country is doing it as well.
That blue dragon plush doll is a boss. Now I know where Zaid Jilani gets his knowledge.
That was great. "Hey thats a Dratini!"
Dratini plush in the background 👀
Firestar493 I thought he was more of a Vulpix man
Zaid is hilarious.
Dratini is using the microwave. That's where the beeping comes from.
loalololol
Unlike 2008 the people are wide awake. We have Bernie sanders with a bigger platform, people like AOC and the others in office, much more scrutiny of the public. Trump is crazy but thanks to him he's singularly responsible for an unprecedented level of political engagement in this country.
These companies should F off. They don't need any kind of a bailout, let them take out near zero interest loans of their massive assets, which aren't going anywhere. If it doesn't work out then still F them, they can always be partially nationalized.
Not f off with our money and bailouts. They can F off with out the wealth they have drained from us. They can leave, but not on public roads or subsidized airport runways. They can't use the public justice system or police help. That needs to be the response for all repeating tax avoiding trash.
Complete audit of the wealthy. Purge rules apply to any who fail. The good tax paying public get full protection.
TheTechiemoses hell yes 🔥
IS THAT A DRATINI PLUSH!?!?!?!?
Yup .. it is , didn’t realized Zaid is a Pokémon guy
All I want to know is, who the hell was running a microwave in the background? Did y'all hear those beeps lol
Hot pocket is ready...
My microwave does that, beeps and beeps until you open the door. It's annoying.
Thought it was my fire alarm system being triggered during the first two beeps.
Gave my heart a jolt twice.
with what the Fed just announced corporations don't need a bailout. Unlimited spending buying assets, this includes bonds and equities.
What Mitch McConnell is proposing is just so the CEOS can have a bit of pocket money.
Bailout should solely be for people now.
yep the $4 trillion money market mutual funds just got bailed out. the FED has been bailing out the rich forever.
Dratini is in the background!
They’re not “mistakes”, they’re repeat offenses. The system isn’t “broken”, it functions as intended. Are you pissed off yet?
I was about to write the same thing.
Came here to write exactly this, "mistakes" what "mistakes"... one must be really, really naive to believe these are "mistakes"... hope the next "Covid" is at least x20 deadlier, our society is too rotten, people praise & vote for the same people that strip them from everything: material & moral...There is no cure, only RESET!
I do not wish it, but it's the only way that change will occure & we don't destroy ourselves & this planet into oblivion. We are the real virus of the planet!
Exactly.. its obviously by design. If you dont learn from history you will be doomed to repeat it.
Use food stamps for restaurants? You do realize how little you get from food stamps?
$200 a month.... so it's about $6 a day food money. At least that's how I remember my SNAP.
Zaid Jilani - my pick for "Best Friend" - always clear spoken & bias free.
"Po' folk need help, they call it 'welfare'.
When rich folk need it, then y'all call it a 'bailout'."
Of course the rich and powerful are capitalizing on a crisis.
Is Zaid on a space station? (beep) Signal being routed from ground control to Rising TV. (beep)
Dratini? Good taste, my man.
Worry about the workers first, then the industry. The first priority should be a Federal Job Guarantee with immediate replacement income while we are in quarantine.
Every university in America needs one of you, stat. Love your work. Thank you.
omg the dratini in the background
Lol Zaid has a Dratini plush
I love this show, it makes me feel less crazy
Dratini 💗😅
Dragons have proven effective in fighting viruses. 😂
Ghoulish corporate friendly opportunism isn't really a mistake if it was always your intention. They only way it's a mistake is if we can find a way to stop them, or at the very least make them pay a true political price for this bs.
To find a way to 'stop them', Dear Nathan, you would have to find an alternate proposal that a majority of your countrymen would trust.
As this country has always been a Corporate/Oligarchy, such a change would truly be a cataclysmic change, and that scares a lot of people. Never forget the old Russian maxim : 'Better the Devil you know than the one you don't.' That, whether we like it or not, is how many people feel.
"Mistakes were made" - if they get caught
Zaid ! Check your microwave: that hot-pocket sounds like it's ready.
Glad I scrolled down here first before I made exactly this joke. That shit is distracting.
@@HazyWave1974 LOL !!
Nice dratini
You got me looking all over for that dang beep grrr
Thanks, Capitalism.
No thank the Capitalism but Thank the Corrupted Criminals we have and have to be remove.
@@DanielField2023 Corruption is a by product of capitalism, more specifically neo-libralism.
If the cruise lines want a bailout then they now have fly the AMERICAN FLAG and pay US taxes.
Definitely. Don't give away taxpayers' money to companies who don't pay their fair share of taxes! Say.. > 25-30%?🤔
Keep up the high energy, Zaid.
If they let us use our EBT cards for restaurants they should give us some more money on the card too. Eating out is SO much more expensive than groceries.
Zaid's got a random Dratini chilling. I love it.
Thumps up for the pokemon Dragonair just nonchalantly chilling in the background of Zaid's stream. Boss shit
That's a Dratini you noob LOL
Zaid please change the battery in your fire alarm, thanks.
Really look forward to and appreciate Mr. Jilani insights. His analysis is so prescient and spot-on. Thank you for this segment
Did Zaid say “murders and acquisitions”? Freudian slip? Hahaha
In my Nene Leakes voice: THE MAN SAID WHAT HE SAID!!!
:D
Murders and executions
The dratini in the background is a nice touch
only zaids pokemon plush can save us in these trying times
It’s not a “mistake”. It’s intentional
He is a great guest. And terrific on Twitter.
Not mistakes by GOP. It is the same playbook as 2008.
"I see in the near future a crisis that unnerves me, and causes me to tremble for the safety of my country. As a result of war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all the wealth is aggregated in a few hands and the republic destroyed." - Unknown author, sometime in the 1880's. Perfectly describes the situation we are in right now.
Coronavirus aid is not a tax cut, so I agree. As a Libertarian, I say there should be strings attached for the multinationals. Within reason, because a diversity quota for corporate boards is bullshit.
Morons before Corona: Socialism is terrible."
Morons after Corona: Only socialism can save us.
This is NOT socialism. It's government injecting previously saved money into the private economy, so it can be spent on survival. It's just such a shame that the so-called socialists know NOTHING about the free market economy nor do they even understand what socialism is.
@@Bobbycat1231 Hmmm call it what you will dood, maybe its you that needs a refresher
@@Bobbycat1231 interventionism is not a free market economy, it is what sane people want and in reality most states do aka a regulated market economy, even the US though far weaker regulations than in most western countries. By the way that is what social democrats in Western Europe accept as the economic model for more than 100 years now, they also do not want a plan economy, they just want the regulations to create level playing field.
OMG Zaid has a freakin Dratini plush on his kitchen counter!!
The microwave made me get up and check to see if something was in mine.
"Airlines didn't do anything wrong, but they have to promise not to keep doing all the wrong things they've already been doing."
No corporate bailouts. And let's deal with the states that need it.
they're not mistakes if they're intentional
To them ,that's not a bug but the feature.
Well they recently bailed out the corporations with a stimulus that was law in 2008.
It's the bailout bill, that's never been challenged. We just had the 11th untelevised bailout since 2008, I've been counting!
An inspired intellect and moralist: Zaid!
I like how everyone has books and plants and Zaid has a Pokemon doll and boxes of Larabars.
All I can focus on is that stuffed Dratini in the background!! LOL Thanks for the laugh amongst the chaos, Zaid!
Dratini plush FTW.
Rethinking or just now starting to think 🤫🤔.
Did anyone else notice the pokemon in the background?
Bro get that hot pocket out of the microwave already....
Now the swarming grip of the falling money above the peoples reach.../.
Agree with breaking up the bill. Pay people first.
Regarding public interests in businesses taken over by the government, the government should require a social and environmental responsibility contract be signed. These corporations have to be held account to the people.
that dratini had a great take
Airlines have also already received benefits/funding, tax breaks.
Who said that citizens should have been responsible and had a cushion saved for the "what if"
Where's large corporations and the airlines, cruise ship industries "what if" cushion?
The money we give you, has to be used for us. AMEN.
I live in Washington State. Boeing is asking for bailouts which equals about the amount of stock buy backs they have done recently, maybe they should of set it aside for a rainy day. I mean its Seattle, they know what a rainy day is.
dratini was really making some good points here
It is absolutely horrible for the average American, but this entire system deserves to go down in flames and as it seems, it may.
the beeping is really irritating.
I see a Dratini... so Zed really is a man of culture
Let's face it...it wasn't a mistake in 2008 and it won't be a mistake in 2020. You know why? They're paid to do so.
Except this time it will backfire bc the stakes are way higher then in 08
The small businesses like restaurants need cash payments too, no strings. I ordered takeout yesterday and it scared the shit out of me. I won't be doing it again.
Why? Your delivery man wore a halloween mask?
i don't get it
Zaid is the very best, like no one ever was.
Shouldn't corporate America be required to take a drug test before getting money?
Investments are taken at a risk; their loss. Why are they bailing corporations in the first place?
I see that Dratini in the background, Zaid.
Govt contracting in general also usually has no strings attached. Used to be when govt needed work done it would create middle class jobs and have those workers do the work. Now it hires some company and half of the taxpayer dollar goes to the billionaire who owns the contracting company. No accountability since Reagan was elected.
this to me show the insanity of neoliberal thinking when Mr Jilani says: "we do not want to make social engineering"! Well, bailing out a private entity is social engineering. In fact, there is no law and no rule which does not do social engineering. The question is which kind of engineering do we want?
There should be a homeschool relief bonus. All parents who now how to cover the children education need supplies.
If airlines receive any government money, there needs to be a stipulation that they must stop price gauging. It's outrageous that they jack up fares during school recesses. For example, they know when NYC schools are closed for February recess. Normally a flight from JFK to say, Costa Rica is about $500 per person, but airlines jack it up to over $1200 per person. So during school break, a family of 3 is charged $4k round trip!. A week later, it's only $1500 for the entire family. And who are they hurting? Families and teachers! So what happens? Most families cannot afford to take a well needed vacation and spend quality down time together or they take their kids out of school while school is in session and therefore disrupt their kid's education. This must change. Airlines cannot be bailed out if they don't cease this robbery of working families.
Last time those industries created the crash. This time they are being told to close their business by the govt. Different circumstances.
Whats a dratini?
Why should execs get millions upon millions of dollars in pay when their only solution for their company is to hold their hand out and ask the federal government for a hand out.What is wrong with nationalizing our resources if everyone benefits and not just a few. Alaska does this and it works very well.
Zaid needs to replace the battery in his smoke detector to stop that incessant beeping.
I thought it was my fridge :)
Only it is not a mistake! It's insiders looting, as there is no consequences and paid for people people on the inside
#walkaway
Zaid with pokemon in the background
Always, 🤔 lobbyists always !!
This is our economy now. Every decade or so we have to dump trillion or so, of taxpayers' money into Wall Street to keep it afloat. Think France circa1789.
Awesome Gyarados haha
That's a Dragonair you noob
What is the name of the purple plush dragon?
DRATINI
Let Zaid eat his TV dinners lol he looks gaunt with all this quarantining!!! Long live his microwave
And his Dratini chilling in the background.
Zed the Dratini lord
It wasn't a mistake, they do it on purpose.
Mistake? Lol
Its the peoples money anyway, give it back to them during this crisis, whats the problem?
Zaid is a thoughtful guy, but he needs to iron his shirt.
MARC STEINER: So where does the money come from, then, to invest in infrastructure, in new businesses, and whatever else has to be invested in?
MICHAEL HUDSON: Well, banks don’t invest. That’s a myth. The pretense is that rescuing the banks rescued the economy. But the banks don’t make loans to the economy. Banks don’t make loans to fund factories. They don’t make loans for infrastructure. They make loans to buy assets already in place. They’re privatizing the structure to take it private, raise the rates the people have to pay for services.
Essentially they lend to raiders taking over corporations. They won’t help a corporation put in more equipment and hire more people, but they’ll lend to a raider to break up a corporation, downsize the labor force, smash it up and leave it a bankrupt shell. That’s the financial management plan. That’s what they teach in business schools.
So the financial management philosophy that we have is diametrically opposed to what’s needed for economic growth. That should be what people are talking about, because more and more economists are warning that given the rising debt ratios, there’s going to be another crisis. What we should be talking about when we look back on the anniversary of Lehman’s bankruptcy is how to handle the next crisis in a way that doesn’t bail out banks, that bails out the economy by writing down the debts.
If banks have bad debts, they’ve made bad loans. Banks used to be conservative and prudent. But if they make imprudent loans and they say, we don’t care the borrower can’t pay because we’ve sold the whole loan off to a pension fund or a German Landesbank, and somebody else is going to take the loss, you have to restructure the banking system and the financial management, and take it out of the hands of bankers to manage.
If you leave the Treasury Department and the Justice Department and the bank regulators in the hands of bankers, they’re going to loot the rest of the economy. They’re going to take everything they can. So you want someone who’s not a banker to actually do the regulation.
th-cam.com/video/V17t8bJDcw0/w-d-xo.html
They arent mistakes. Business as usual
DNR...allow corporations to take a shit...Eat the Rich...
I've been watching Rising for a while and just recently stumbled upon reports of Krystal/husband engaging in penny stock pump and dumps. This is disappointing (if true) and seems totally contradictory to the message she consistently preaches. Does anyone have additional info?