This Week on Between The Lines

Posted June 20, 2012 for week ending June 29, 2012

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"When it became clear that the Muslim Brotherhood had won, the military announced that the president about to be elected would not be able to control the army, would not be the supreme commander of the military, would not be in control of the military budget, would have no oversight over the overall budget, would not have the right to declare war, and essentially would be a only figurehead."

– Phyllis Bennis on what is essentially the Supreme Council of the Armed Forces' coup d'etat in Egypt



Listen to the entire program using these links, or to individual interviews via the links appearing prior to each segment description below.

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Egyptian Military Consolidates Power as Muslim Brotherhood Claims Presidency

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Interview with Phyllis Bennis, director of the New Internationalism project at the Institute for Policy Studies, conducted by Scott Harris

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As Egyptians went to the polls in the second and final round of the nation’s first free election for president on June 16 and 17, the military announced a series of decrees which crushed the hope that was born in last year’s democratic revolution. Although millions of Egyptians placed their trust in the military for their role in ousting Hosni Mubarak after decades of one-party rule, it’s now the generals who are clearly blocking a transition to democracy.  Story continues

Federal Reserve Report Reveals Americans’ Dramatic Loss of Wealth Resulting from Financial Meltdown

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Interview with William K. Black, associate professor of economics and law at the University of Missouri, Kansas City, Mo., conducted by Scott Harris

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While the Occupy Wall Street movement’s emergence in New York City and around the country last fall focused attention and debate on the nation’s growing income inequality over recent decades, a new report by the Federal Reserve reveals stark evidence of the economic damage caused by the economic meltdown. The Federal Reserve report found that from 2007 to 2010, the median net worth of American families dropped by 39 percent, bringing the levels of household wealth down to levels last seen in 1992. The dramatic decline in family wealth wiped out almost 20 years of accumulated savings and investments. As calculated by the Fed, an American family’s median wealth decreased from $126,000 in 2007 to just $77,300 in 2010.  Story continues

Apart from Obama's Executive Order, Young Undocumented Immigrants Continue Struggle for Path to Citizenship

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excerpt of talk by Lorella Praeli, recorded and produced by Melinda Tuhus

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On June 18, two dozen Latino high school and college students filled a small conference room at Yale University Law School to hear some of their peers discuss President Obama's June 15 executive order halting the deportation of undocumented immigrants between the ages of 16 and 30. Specifically, the president’s directive effects immigrants without a green card who were brought to the U.S. by their parents, who've lived here continuously for at least five years, have no criminal record and are in school, in the military or are veterans. The executive order also makes these individuals eligible for working papers for the first time. The so-called "grant of deferred action" is valid for two years and can be renewed, but it does not establish a path to citizenship and is not law, so it can be reversed by any future president.  Story continues

This week’s summary of under-reported news

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Compiled by Bob Nixon

 

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