March 19 - JOBS Bill "a Colossal Mistake of Historic Proportions"; Jeffrey Sach to Head the World Bank?; Could Campaign Spending Become Tax-deductable?

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Full Program


Part 1

We begin with the JOBS bill that the Senate will vote on tomorrow and examine this much hailed bi-partisan legislation that our guest Simon Johnson considers a colossal mistake of historic proportions. The former Chief Economist at the IMF, Simon Johnson is the co-author of a new book “White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.”

Part 2

Then we assess whether Jeffrey Sachs, who has nominated himself to become the next president of the World Bank, has a chance of getting the job. The Director of International Programs at the Center for Economic and Policy Research, Deborah James, joins us to discuss this unusual candidate who is openly campaigning for a job that usually has been filled by political appointees or bankers, not development experts.

Part 3

Then finally we are joined by Justin Elliot, a reporter for ProPublica where he just wrote the article “Could Corporations Take Tax Breaks on Political 'Dark Money?' " With superPACs already dominating our elections, more and more billionaire backers of candidates are pouring their money into non-profit 501C-4’s where they don’t have to disclose who they are. And thanks to the Supreme Court’s Citizens United decision, these 501c-4’s like Karl Rove’s Crossroads GPS can then pass the money on to superPACS like Karl Rove’s American Crossroads.

  MUSIC: The Beatles - You Never Give Me Your Money; Caberet - Money Money; Radiohead - Dollars and Cents; Shabazz Palaces - An Echo From The Hosts That Profess Infinitum