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Moyers and Matt Taibbi take on Wall Street’s ‘battered wives’

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The multimillion-dollar high-rise being built near his office, Bill Moyers said Friday, is evidence of the “new Gilded Age” running roughshod over the U.S., which he discussed with journalists Chrystia Freeland and Matt Taibbi.

The building will be built in New York, where Moyers said the income disparity among residents rivals that of a Third-World country. In spite of that, neither Barack Obama nor Mitt Romney have broached the subject in the midst of the 2012 presidential campaign.

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One reason for that, Freeland said, was that the notion runs counter to how the country has set up its economic system; the minute Obama even suggested that the rich pay more taxes brought on cries of “class warfare.”

“You know, there was an activist investor who sent an e-mail to his friends,” Freeland said. “The subject line is, ‘battered wives.’ And in the e-mail he compares himself and his fellow multi-millionaires to battered wives who are being beaten by the president. He actually uses those words.”

And while the rich fight to get richer, Taibbi said, the Democratic Party shifted toward not fighting for the poor like it used to, starting with increased fundraising pushes during Bill Clinton’s presidency.

“Economically, they began to side more and more with Wall Street and more and more with the very rich,” he said. “And they’ve, I think we’ve now reached the point where neither party really represents the very poor in the way that the Democrats maybe used to. And so, that there’s, that’s why, you know, you don’t see it in the debates, because neither party is really an advocate for that kind of left behind class anymore.”

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Moyers’ discussion with Freeland and Taibbi, aired Friday on Moyers & Company, can be seen below.

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‘We’ve entered a shame-free zone’: CNN’s Sciutto appalled by Trump’s ‘mind-boggling’ G7 corruption

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CNN's Jim Sciutto on Friday did not mince words when talking about President Donald Trump's decision to host next year's G7 summit at his own golf course in Doral, Florida.

During a segment about the president's multiple corruption scandals, Sciutto described Trump's G7 gambit as the president "explicitly, publicly steering a taxpayer-funded government contract to [his] own business." He then asked former federal prosecutor Renato Mariotti to comment on why this scandal might get Trump into hot legal water.

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Former Trump pal Donny Deutsch explains the president’s gamble on impeachment

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MSNBC's Donny Deutsch has a theory about his old pal President Donald Trump and his latest strategy to wriggle out of trouble.

The "Morning Joe" contributor suspects the president, whom he used to know from their days in New York City, believes impeachment is inevitable, but he's confident that Republican senators won't remove him from office.

"Rev, I'm seeing a little bit of a different show here," Deutsch told the Rev. Al Sharpton. "You and I know Trump pretty well, or used to know Trump pretty well. I don't think there's any chance Mick Mulvaney went out there on his own."

Mulvaney, the acting White House chief of staff, admitted during a press briefing that he held up congressionally approved aid to Ukraine in an effort to press the country to investigate a conspiracy theory about Democrats and the 2016 election.

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The week Donald Trump’s presidency crashed and burned — and Republicans noticed

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It feels as though every week during the Trump administration is a year and every year a decade. Every day there is a crisis or an outrage or a revelation that takes your breath away. But the underlying dynamics always seem to be the same no matter what. The press reports the story, the Democrats get outraged, the pundits analyze it, the president rages and then Fox and the Republicans all line up like a bunch of robots and salute smartly. Then we reset until the next crisis, outrage or revelation. It's an exhausting cycle that never seems to get us anywhere and it's bred a fatalistic response in many of us: "Nothing matters."

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