Feb 18 Watch Should Obama Pull the TARP from Under Banks? As part of his continuing series of reports examining bank reform and the future of Wall Street, Paul Solman sits down with bank consultant and former FDIC chair William Isaac for a critical look at the Troubled Asset Relief Program. Continue watching
Feb 18 Watch Obama's Deficit Panel Chiefs: 'Staggering' Task Ahead President Obama has tasked a new commission to target ways to reduce the national debt, projected to hit $1.6 trillion this year. Opponents are concerned the panel could weigh in favor of tax hikes. Judy Woodruff reports interviews the commission… Continue watching
Feb 17 The Stimulus at One: How Effective Has $787B Bill Been? By Carolyn O'Hara On the first anniversary of President Obama's signing of the $787 stimulus bill, Hari Sreenivasan spoke with Michael Grabell of ProPublica about how much has been spent, how much is left and how hard it is to count… Continue reading
Feb 17 Cillizza: Proving Stimulus Effects a Tough Task for White House By Hari Sreenivasan Washington Post reporter Chris Cillizza, author of The Fix blog, joined us again Wednesday to share his reporting and political news analysis. It's the first anniversary of President Obama's economic stimulus bill, the American Reinvestment and Recovery… Continue reading
Feb 17 How Can the Unemployment Rate Go Down if Jobs Are Still Lost? Question: C-Span reports that in January, the unemployment rate declined by 0.3 percent, yet also that 20,000 jobs were lost. If jobs were lost how could the unemployment rate decline? Paul Solman: Technically, it actually… Continue reading
Feb 17 Wednesday Headlines: Stimulus Act Turns 1; Obama to Create Debt Panel One year and $787 billion later, Wednesday marks the first anniversary of the American Recovery and Reinvestment Act, otherwise known as the stimulus. To highlight the occasion, the Obama administration is gearing up for a public relations blitz… Continue reading
Feb 17 Watch Former Regulator Talks Fraud and the Big Bank Getaway Paul Solman sits down with former bank regulator and author Bill Black as part of his continuing series of reports examining bank reform and the future of Wall Street. Continue watching
Feb 17 Watch News Wrap: Toyota Considering Corolla Recall In other news Wednesday, Toyota is considering a recall of its best-selling Corolla model after complaints of steering problems. Also, NATO troops in Afghanistan continued their offensive against the Taliban resistance in the southern town of Marjah. Continue watching
Feb 17 Watch One Year Later, Stimulus Appears to Yield Mixed Results President Barack Obama touted the one-year-old stimulus legislation for continuing to create jobs, even as many Americans question the potency of the recovery. Jeffrey Brown speaks with John Cochrane of the University of Chicago and Lawrence Mishel, president of the… Continue watching
Feb 16 Greece Faces EU Deadlines on Debt and Swaps EU finance ministers have given Greece a one month deadline to demonstrate that it is making dramatic cuts to its budget, and just days to provide more information on the country's use of currency swaps to potentially hide… Continue reading