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Archive for the ‘Reagan’ Category

How Reaganomics Killed America’s Middle Class


‘Thom Hartmann discusses what Ronald Reagan’s economic policies have done to America’s middle class with economist Richard Wolff, author of the book Democracy at Work: A Cure for Capitalism in this edition of the Big Picture. (Published on Nov 11, 2015)’.


Gary Webb Interview on the Contras and Ronald Reagan (1996)

On 22 August 1996, Gary Webb wrote in the San Jose Mercury News that “[f]or the better part of a decade, a San Francisco Bay Area drug ring sold tons of cocaine to the Crips and Bloods street gangs of Los Angeles and funneled millions in drug profits to an arm of the contra guerrillas of Nicaragua run by the Central Intelligence Agency, the San Jose Mercury News has found. This drug network opened the first pipeline between Colombia’s cocaine cartels and the black neighborhoods of Los Angeles, a city now known as the “crack” capital of the world. The cocaine that flooded in helped spark a crack explosion in urban America – and provided the cash and connections needed for L.A.’s gangs to buy weapons”.[1]

[1] Gary Webb, “Cocaine pipeline financed rebels” San Jose Mercury News (22 August 1996). http://www.mega.nu/ampp/webb.html.