Oct 02 What would happen if the government gave every American one million dollars so people could pay off all their mortgages and bills? While waiting for more of your emails (they come in via the Online NewsHour in Virginia), I’ve been fielding a few from friends and neighbors. I thought I’d share them, and my answers, this afternoon. First, from my earliest friend:… Continue reading
Sep 29 With the world shifting under our feet, a response to the day’s record events. Paul Solman: With the world shifting under our feet as I write (2 pm), today’s question came from the editor of The Business Desk, who asked for a response to the events of the second: Dow down 500+ (and I… Continue reading
Sep 29 Could property prices be temporarily “set” at the value of the total mortgage on the property? Question/Comment: If real estate is indeed the basis of our current economy, surely we cannot let it free fall. Could property prices be temporarily “set” at the value of the total mortgage on the property? And on any new property… Continue reading
Sep 26 Watch Shields, Brooks Weigh in on the Week’s Dramatic Bailout Debate It was a devastating week on Wall Street and a contentious one in Congress as politicians battled over bailout proposals. With the presidential candidates heading to the first debate, political analysts Mark Shields and David Brooks reflect on the developments. Continue watching
Sep 26 Watch House Lawmakers Divided Over Scope of Government Intervention Congressional leaders are showing signs of fatigue and frustration over continuing negotiations. Reps. Barney Frank and Mike Pence discuss the progress towards a workable plan. Continue watching
Sep 26 Watch Kwame Holman Reports on Financial Woes Preceding Debates Lawmakers have not been able to agree on a plan with the White House, nor with each other, choosing not to enact a bill for the near future. NewsHour correspondent Kwame Holman discusses the dealings on Capitol Hill. Continue watching
Sep 26 Bush Struggles to Unite Rebelling House Republicans on Bailout By Admin, PBS News Hour As Washington struggles to reach consensus on a proposed Wall Street bailout, GOP senators have blocked a proposed Democratic plan to pump $56 billion into public works projects, help for the jobless and to help states with high Medicaid bills. Continue reading
Sep 25 Watch Obama Meets Setbacks With Mix of Resilience, Caution In the final report in a series focusing on the presidential candidates' governing styles, advisers and colleagues of Sen. Barack Obama detail how he has managed to overcome adversity during his life and career. Continue watching
Sep 25 Watch Congressional Leaders in Standoff Amid Financial Crisis Congressional leaders worked on a rescue plan for Wall Street as Sens. McCain and Obama came to Washington to participate in bailout talks. Two political reporters and a business reporter discuss the political impasse and how a rescue plan might… Continue watching
Sep 25 Watch Congress, the White House Stall Over Market Rescue Plan Resistance to the government's $700 billion bailout plan from lawmakers continued Thursday, adding pressure to finish a compromise deal that could bring certainty to the crisis. Kwame Holman reports on the obstacles to passing a final agreement between Congress and… Continue watching