Jobs, Foreclosures, and Budgets: Is 'Double Dip' Recession Coming?

Political economist Jack Rasmus returns to Palo Alto to provide his latest update on the continuing global financial crisis. This time around, Rasmus will focus on the fact that Wall Street seems to be doing just fine once again -- announcing huge profits and paying out billions in bonuses -- while millions of average homeowners and the unemployed continue to suffer.

Dr. Jack Rasmus has a Ph.D in Political Economy and currently teaches economics and politics at St. Mary's College and Santa Clara University in California. He is the author of several books, with a new one, Obama's Economy, on the way. Prior to a writing career, Jack was an economist and analyst for several global companies and before that, for more than a decade, a local union president, business representative, contract negotiator, and organizer for several labor unions.