Democracy Now! February 7, 2002

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Democracy Now! February 7, 2002
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Crashing the stock market: through the police barricades, the metal detectors and the security checks, a Democracy Now! exclusive. Its the hottest ticket in town, the gala soiree of the World Economic Forum on the floor of the New York Stock Exchange. Democracy Now! takes you inside the party of the power elite for a stock market crash, rebel radio style : Indonesian labor activist refuses to accept the Reebok human rights award citing appalling working conditions and pay in Reebok factories in her home country : GUEST -- Patrick Reinsborough of the Rainforest Action Network about redefining globalization to mean global justice for the world.

9:01-9:06 HEADLINES 9:06-9:07 ONE-MINUTE MUSIC BREAK 9:07-9:30 CRASHING THE STOCK MARKET DEMOCRACY NOW! STYLE: THROUGH THE POLICE BARRICADES, THE METAL DETECTORS AND THE SECURITY CHECKS TO THE GALA SOIREE OF THE WORLD ECONOMIC FORUM IN THE NEW YORK STOCK EXCHANGE The World Economic Forum has wrapped up its meetings here in New York. The CEOs and heads of state have returned to their countries and their country clubs. Last weekend thousands of people descended on New York for massive street protests demonstrating against corporate driven globalization. The streets were full of people and puppets, drummers and dancers, activists and union leaders. Behind the police barricades, there were dozens of exclusive parties and soires where the captains of industry rubbed elbows with celebrities, government officials and world leaders. Some of these parties were so exclusive that even people like billionaire-currency speculator George Soros were not invited. Well, Democracy Now! wasnt invited to any of these galas either. But with a little help from some brave people on the inside of the WEF, we managed to crash one of these exclusive partiesin fact it was THE party the hottest ticket in town; held on the floor of the New York Stock Exchange. In order to get in you had to have a special id badge with a computer chip verifying your identity. The brazen bash invited the guests to experience sounds and flavors from around the globe on the trading floor. A celebration of the Americas, a taste of Asia, an evening in Casablanca and the rhythms of Africa as you sample the exotic fare of Africa. Well, despite the heavy security, last Saturday, we headed to Wall Street and made it onto the floor of the Stock Exchange for the exclusive gala soire. Featuring interviews inside the gala with: Stanley Fisher, the new vice-chair of Citigroup; Dean Ornish, health guru and golf partner of former President Clinton; the head of the Environmental Protection Agency, Christie Todd Whitman; Ambassador Nicholas Platt, president of the Asia Society; and Swiss auctioneer David Feldman. Interwoven throughout this special report are the sounds of the streets of New York during the protests against the World Economic Forum, including the Rainforest Action Network and the Billionaires for Bush. TAPE: Crashing the stock market Democracy Now! style Produced by Jeremy Scahill and Jacquie Soohen LINK: 9:30-9:31 ONE-MINUTE MUSIC BREAK 9:31-9:42 INDONESIAN LABOR ACTIVIST REJECTS THE REEBOK HUMAN RIGHTS AWARD Tonight in Salt Lake City, on the eve of the Olympic Winter Games, the Reebok Human Rights Award ceremony will also take place in Salt Lake City. Reebok annually recognizes four activists age 30 or under who they say have made significant contributions to the field of human rights. But this year one of the winners has refused to accept the $50,000 award from Reebok. She has done so in protest against the low salaries the company pays its workers in her homeland. So she wont attend the award ceremony tomorrow in Salt Lake City, which is scheduled to coincide with the opening celebrations of the Winter Olympics. Indonesian contractors for the sporting goods giant Reebok and other U.S. shoe and apparel makers employ at least 300,000 workers. There are five Reebok companies in Indonesia and 80% of the workers are women. Workers at factories around Jakarta are paid a little over a dollar a day, the current minimum wage. Working conditions at overseas factories have been a consistent public relations irritant for Reebok and other U.S. sneaker manufactures. Dita Sari has been fighting for the rights of Indonesian workers for her entire life. At the age of 21, she defied the laws of then-dictator Suharto, and formed the first independent labor union in Indonesia. GUEST: DITA SARI, labor activist, National Front For Indonesian Workers Struggle CONTACT: 9:42-9:43 ONE MINUTE MUSIC BREAK 9:43-9:58 REDEFINING GLOBALIZATION TO MEAN GLOBAL JUSTICE FOR THE ENVIRONMENT AND THE WORLD President George Bush's proposed budget for 2003 would boost spending on fossil fuel and nuclear energy projects while cutting key environmental protection measures. On Monday, Bush sent Congress a $2trillion dollar budget proposal that expands military and national security spending while reducing funds for domestic programs. Citing the war in Afghanistan and the recession, Bush argued it would be necessary to run a deficit and curtail domestic spending on health, the environment, and education. Environmentalists countered that the administration was invoking ''homeland security'' as an excuse to slash programs - including enforcement of existing environmental laws and efforts to protect tropical forests - that it has opposed since it took office. Bush's proposed budget would slash overall spending for environmental and natural resources departments by one billion dollars. The slashes include nearly $300 million dollars from the Environmental Protection Agency and more than $500 million from the Department of Transportation's air pollution reduction programs. The demolition of the environment is one reason that brought people to the streets of New York to protest the World Economic Forum. Last week, global justice activists held a series of counter-summits around the theme Another World is Possible. The Students for Global Justice held a counter-summit called Globalizing Justice. TAPE: PATRICK REINSBOROUGH, organizing director for the Rainforest Action Network based in San Francisco, speaking at the Globalizing Justice Counter-Summit conference last week. CONTACT: MUSIC: 9:30 The Ringing of Revolution Phil Ochs 9:40 Planet Called Home Holly Near 9:58-9:59 OUTRO AND CREDITS

Date Recorded on: 
February 7, 2002
Date Broadcast on: 
February 7, 2002
Item duration: 
59 min.
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WPFW; Amy Goodman, host. February 7, 2002
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