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5 Oct, 2021 23:37

Why Facebook deliberately brings you down (Full show)

Facebook manager turned whistleblower Frances Haugen testified on Capitol Hill on Tuesday about how the social media giant deliberately stokes negativity to harness the bad feelings of its billions of users for the sake of maximizing quantifiable engagement (“clicks”) and to thereby maximize profit. Prof. D Watkins of the University of Baltimore and Steve Malzberg of “Eat the Press” share their insights on what we learned from her testimony. They also discuss the culpability of parents when social media poisons young minds as well as Facebook’s reputation for silencing “conservative” users to exert influence on the public discourse.

The UK is ramping up rhetoric and making huge investments in its “National Cyberforce,” citing the alleged penchant of Russia and other adversarial powers for cyberattacks and disinformation. RT’s Shadia Edwards-Dashti reports. Steven Donziger, who represents 33,000 Ecuadorians in their case against Chevron for the environmental devastation it illegally caused, was convicted of contempt of court and sentenced to six months’ imprisonment. We’ll hear from rock legend Roger Waters, who has been actively following Chevron’s persecution of Donziger from the start.

Plus, all eyes are on the Federal Reserve as reputed foe of plutocracy Elizabeth Warren (D-Massachusetts) prepares to spearhead an investigation into Federal Reserve chair Jerome Powell and other leaders of the Fed for what looks a lot like insider trading. Tobin Smith of Transformity Research joins Natasha Sweatte (in for Scottie Nell Hughes) to share his expertise. He points out that today’s economy relies on the Fed and that the kind of trading Powell engaged in is not necessarily illegal. They also discuss the growing importance of BitCoin and other cryptocurrencies and how its resistance to government oversight serves as its intersection with the libertarian music. He says high-level BitCoin trading is “like a religion” to those who participate. Plus, RT America’s Trinity Chavez reports on the production of Russian “Challenge,” which is slated to become the first feature film shot on-site in space.