Counterspin
Coverage of the Honduran coup ousting president Manuel Zelaya has often included the claim that the coup was prompted by Zelaya’s move to change the constitution, so that he could stay in power. The fact that this central claim is untrue shows how confusing that coverage can be. We’ll talk to New York University Latin American history professor Greg Grandin about the real reasons certain sectors of Honduran society wanted Zelaya out of the picture.
Also on the show: The sentence of 150 years for convicted Wall Street financier Bernard Madoff is gratifying on many levels, certainly. But no one disagrees that Madoff was emblematic of larger problems; does putting him under the jail do anything to address those? We’ll talk with Nomi Prins, author of Other People's Money: The Corporate Mugging of America, and the forthcoming It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street.
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