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14 Feb, 2019 02:17

The News with Rick Sanchez - February 13, 2019 (20:00 ET)

Recession looms as subprime borrowers default loans  

A record 7 million Americans have stopped making car loan payments. Rick Sanchez reports on this supreme example of the continuing plight of American working people, who have by and large been left behind by Wall Street’s recovery from the brutal 2007-2008 financial crisis. Economists warn that the next recession to impact the US may be even more disastrous. What happens to these people if the next one hits? Economist and co-founder of Democracy at Work Prof. Richard Wolff joins Rick Sanchez to weigh in. He discusses the “very, very painful” circumstances of those facing unemployment, dwindling savings, and a deteriorating quality of life for American workers.

Lavrov & Pompeo mystery phone call  

Venezuela’s oil giant CITGO is reported to be negotiating new business with a Russian bank, a claim that the Kremlin denies. Russian FM Sergey Lavrov and US State Dept. Mike Pompeo spoke by phone this week, but reports suggest that they were talking past one another. Accounts differ on whether they discussed the Intermediate-range Nuclear Missile (INF) treaty. RT America’s Michele Greenstein joins Rick Sanchez with the details. They also discuss reports that Chinese officials spoke with agents of Venezuela’s opposition leader Juan Guaido, an allegation deemed “fake news” by China but supported by US envoy to Venezuela, Eliott Abrams.

Jimmy Dore: MSNBC’s Rachel Maddow is the ‘new Alex Jones’

Jimmy Dore, host of “the Jimmy Dore Show” joins Rick Sanchez to discuss establishment media’s shift to pro-war propaganda. He balks at how the smartest broadcast journalists of NBC and CNN have been reduced to “Alex Jones level conspiracy theorists” and is particularly appalled at their smear campaign against presidential primary candidate and US Representative Tulsi Gabbard (D-Hawaii).

 

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