Black Talk Radio News & Views w/ Scotty Reid covers national and global social/political news with a focus on the Black community and how it is impacted by political and social policies. The program sometimes features guests who are policy analyst, social activist, politicians, public officials and journalists.
Conservatives over the weekend celebrated what would have been the 100th Birthday of Ronald Reagan the 40th President of the United States. Reagan is a God to Conservatives who speak of him as if he was greatest man to walk the earth but in reality, Ronald Wilson Reagan was an actor turned corporate spokesman turned politician.
Reagan was undeniably an agent of corporate America. Under Reagan, the wealth gap between the rich and the working class grew to then record levels, which were a direct result of his trickle-down voodoo economics, which worked on the principle that if you, allowed the wealthy to keep their huge profits by reducing their taxes that they in turn would invest in America by creating jobs.
Predictably, it did not work out that way and his policies created record debt as he increased spending on Defense while cutting taxes for the rich while cutting social services for the poor. The so-called economic "Boom" under Reagan was artificial wealth based on leveraging future earnings from consumers in the form of new credit lending since consumers had little real wealth themselves to spend as wages dropped continually during Reagan's years. This was mostly a result of gutting manufacturing, which played a major role in destroying the working class. Through consumerism propaganda, Americans were convinced to triple their debt and when they became unable to pay back their loans, the biggest collapse in U.S. financial history since the great depression followed by a plunge in the stock market and record unemployment.
He is credited with bringing down the Soviet Union but trying to keep up with the astronomical Defense Spending of the United States is what caused their financial collapse and break up. Reagan also supported terrorism across the globe like the Arms for Hostages deals he made with a group in Iran as well as the training and support of death squads in South America. During his administration, a crack epidemic broke out in the cities because in exchange for clearing the way for illegal arms to right wing groups in South America, drug cartels were given the freedom to flood America with cocaine. Conservatives can try to white wash Reagan’s legacy but his is one of suffering, death and destruction.
Most people have heard that the Scott Sisters, Jamie and Gladys will soon be released from a Mississippi hellhole after Governor Haley Barbour suspended their double life sentences for a robbery that the sisters have always said they where not a part of. What does this mean for sisters and what will they have in common with millions of people labeled felons in incarceration nation also known as the United States of America?
Black Talk Radio spoke to Nancy Lockhart the long time advocate for the Scott Sisters today to get her reaction on the news of the sisters impending release.
The Republican’s are set to take over the House in January after winning a number of seats in the November Elections. It is said that the Democrats and President Obama did not do enough to create jobs in a slumping economy. “It’s the Economy Stupid” was a popular catch phrase coined during the Clinton administration to explain his re-election but are Americans stupid to think that the President and Congress has the power to create jobs? While private corporations have create over one million and a half jobs, just where are those jobs and what can the American people expect on the employment front in the years to come?
Blog Talk Radio has been a major player in online radio and once called a populous force in new media. As the New Year comes in, they are set to go to a mostly paid platform regulating free accounts to 30 minutes of airtime and other restrictions. Over two years ago, Scotty Reid discussed how social networking platform’s entire business models are built on user-generated content.
Now that content users with free accounts have made Blog Talk Radio what it is today, are they risking losing the very people they have relied on to generate traffic to the website enabling them to make advertising revenue off other’s people hard work in exchange for use of the technology? If the content producers pay up, will they be putting the free nature of social media at risk and will other companies follow suit?
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