Happy New Year from Law and Disorder – Co-host Michael Ratner delivers update on the state of the new US Congress, the Iraq War and Guantanamo.

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Venezuelan Election Observers

Ming Alterman, Ellen Meyers and Supreme Court Justice Gustin Reichbach have returned from Venezuela after observing December 3rd elections where voting machines actually print out a paper receipt. The last report from CNE, National Electoral Council from Venezuela at gave Venezuelan President Hugo Chavez Frias the victory with 61.35% of the total counted so far, 75.3%. His counterpart, Manuel Rosales have received 38.39%.Shortly after the partial results were given, Hugo Ch?vez showed up in the Balc?n del Pueblo (The People’s Balcony) in the presidential palace to celebrate his victory and address his followers.

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Ming Alterman – Latin American Scholar

Supreme Court Justice Gustin Reichbach – Evaluated whether elections were free and fair; that is whether the election produced an outcome expressing the will of the Venezuelan people.

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Ellen Meyers is a founder and senior vice president of Teachers Network, a non-profit organization–by teachers, for teachers–with a 25-year track record of success, dedicated to improving student learning in public schools nationally and internationally. Ellen has written numerous articles that have appeared in major media outlets and has presented at conferences across the country. She has been a newspaper columnist, film producer, political campaign manager, election monitor, community board member, and foundation and federal grants advisor. She has a weekly radio show on WHCR, Harlem Community Radio.

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Spoken Word Performance – Katrina

Professor Louie and Fast Eddie deliver a powerful spoken word performance on the devastation of Katrina. These Brooklyn natives poets/musicians weave stream of consciousness style prose with conga. They performed live in the studio at WBAI. To order CDs by Professor Louie and Fast Eddie – call Free Brooklyn Now at 718-768-8728

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Uneven Distribution of Wealth?

Michael Smith talks with Professor Rick Wolff, formerly the head of the Economics Department at the University of Massachusetts and currently the NASDAQ professor of Economics at the New School University and Catherine Albisa Executive Director of the National Economics and Social Rights Initiative – NESRI. Albisa is also an attorney specializing in the implementation of human rights standards in the United States. She is the former director of the Human Rights in the US program at the Center for Economic and Social Right and was the Associate Director of the Human Rights Institute at Columbia Law School.

Both guests discuss their reactions to and the implications of the recent 16.2 billion dollar bonus that the investment banking house of Goldman Sachs announced just before Christmas.

More than $50 million went to the Goldman Sachs Chairman alone. Pfizer, the drug company, paid a “severance package” of $200 million to its just-resigned chief executive. Many other large corporations acted similarly. All this is legal, given the laws and rules that corporations win from their political “allies.” Indeed, the latest ruling by the Securities and Exchange Commission (SEC) allows corporations to obscure what they pay top executives (the New York Times, December 27, 2006, page C1, called it “a victory for corporations”).

Read Story Here by Professor Rick Wolff. More stories – here and here.