Martin Luther King, Jr. was working towards a guaranteed basic income for all when he was killed. Wealth inequality, neoliberalism, the actions of the Federal Reserve, along with the greed and theft of the global elite have made the call for a guaranteed basic income for all even more urgent in 2014 than in the 1960s. David DeGraw, interviewed here by Dennis Trainor, Jr. of Acronym TVclaims the alternative is a violent revolution. In his new book, The Economics of Revolution, DeGraw writes: “Having that much wealth consolidated within a mere 1% of the population, while a record number of people toil in poverty and debt, is a crime against humanity. For example, it would only cost 0.5% of the 1%’s wealth to eliminate poverty nationwide. Also consider that at least 40% of the 1%’s accounted for wealth is sitting idle. That’s an astonishing $13 trillion in wealth hoarded away, unused.” In this clip from the full 30-minute interview, DeGraw points out that the Federal Reserve is already printing money and giving it away to the financial elite.
http://youtu.be/CP8PoGY_jxs The Robin Hood tax, a small tax of less than ½ of 1% on Wall Street transactions can generate hundreds of billions of dollars each year in the US alone. It is an idea whose impact can be felt globally as well. German Chancellor Angela Merkel and French President François Hollande reiterated their support [...]
Jeremy Hammond: Political Prisoner http://youtu.be/j2inrjRjTXY Jeremy Hammond, speaking to Guardian reporter Ed Pilkington just one day before he was sentenced to the maximum sentence of 10 years for exposing the spying of StratFor, a private corporate spying firm that often works with US intelligence agencies said: “I knew when I started out with Anonymous that [...]
http://youtu.be/YM_zI2ElG-A This content is made possible with viewer support. To chip in as little as $1/ month to support Acronym TV, click here. Asher Platts, known to many of you through his work as the Punk Patriot, joins the Resistance Report team to give us the story behind the story of how grassroots – no pun- [...]
http://www.youtube.com/watch?v=z-dtjIikFzA A report came over the AP wire last night that, if this were any other country in the world, would have been the top news story for days: “Multiple shots were fired inside a northern New Jersey mall shortly before closing time Monday night,” read the opening line of the report and Americans, having [...]
While watching Russell Brand's BBC interview, it is not hard to imagine two families in Middle America, neighbors, watching separately in the comfort of their own homes as Russell Brand does his bit and each nod in lonely agreement. "Yes!", they are likely to say- "this Russell Brand fellow is right." But family A has [...]