Did President Obama help the nation move past the controversy over interrogations or just fan the flames by releasing the CIA memos? Just how extreme were the techniques? Does it matter that we subject our own soldiers to waterboarding, sleep deprivation and forced positions? Is Nancy Pelosi credible when she says the intelligence committees were never told about waterboarding and the other tactics? Should Obama release hundreds of pictures of the interrogations? What is the impact of all this on our intelligence workers and military interrogators?
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The News
We have Thursday’s top news… What did Rod Blagojevich say in his own defense to the Illinois State Senate? What was the final vote on his impeachment? How is President Obama reacting to all Republicans voting against the economic stimulus plan? How is the stimulus plan being received in the U.S. Senate? And what happened on Wall Street Thursday? We have all the answers as we bring you the biggest stories for Thursday, January 29, 2009.
The News
From John McCain suspending his campaign to Barack Obama’s response to the latest wrangling over the bailout plan on Capitol Hill, we’ve got your top new covered for Wednesday, September 24, 2008.
Terry Jones of Investor’s Business Daily on Congress, Your Tax Dollars and the Bailout
While the Bush administration demands swift Congressional action on the $700 billion bailout plan and Democrats on Capitol Hill make some demands of their own, what would actually make the most sense? What long term good and long term problems could be on the line here? And will this episode lead to a thorough review of government regulation or the piling on of more regulations than we can count? We ask all these questions to Terry Jones, Associate Editor of Investor’s Business Daily.
Friday’s Top News
Start your weekend by taking a quick listen to the biggest news! Listen here to learn how the government is moving in an effort to shore up the nation’s financial institutions and how the markets are reacting to the strategy. You’ll also learn how John McCain and Barack Obama are reacting to these major developments.
The Wall Street Mess and Your Tax Dollars
Hundreds of billions of taxpayer dollars are being spent to stabilize Wall Street after one of the most chaotic stretches in recent history. And so far investors like what the Federal Reserve and Treasury Department are doing.
But what exactly is the plan and why do so many people think this is a good idea? Listen to Greg’s interview with economist Bill Beach of the Heritage Foundation.
Even if this is the right plan, should the Fed Chairman and the Treasury Secretary have the power to just announce half a trillion dollars in federal assistance? Minnesota Rep. Michele Bachmann talked with Greg about her efforts to give Congress a pivotal voice on the government’s response to this crisis.
Which Candidate Won This Week?
The mess on Wall Street dominated the headlines and the presidential campaign this week. Both John McCain and Barack Obama said they would make sure such collapses and breaches of the public trust would never happen on their watch. So which candidate gained traction this week and which one is playing catch-up?
Listen to Greg’s interview with Professor Larry Sabato from the University of Virginia.
The New Israeli Prime Minister
On Wednesday, Israeli Foreign Minister Tzipi Livni won the ruling party primary and is poised to become the next prime minister. What should be her top priorities? What kind of partnership would she want with the United States? And how far is she willing to negotiate with the Palestinians?
Listen to Greg’s interview with Middle East expert Josh Goodman for the answers to these and other critical questions.
The Economy and the Campaign
Barack Obama and John McCain are both using the recent Wall Street mess to argue they are the only candidate capable of sorting out the mess and charting a better course for our economy. McCain says he would have fired SEC Chairman Christopher Cox while Obama insists McCain is appealing to our fears in an effort to win votes. So which one is right? And which candidate do you trust to handle the economy?
Listen to Greg’s interview on the economy’s impact on the campaign with Don Lambro of The Washington Times.
Will Wall Street Recover?
The U.S. economy has a proven ability to bounce back – from the Savings and Loans scandal to the bursting of the tech bubble. So why might it be a lot harder to pick up the pieces after the mortgage meltdown? Check out the piece by Steve Malanga of Real Clear Markets and the Manhattan Institute and share your thoughts with us!
Listen to Greg’s interview with Malanga on the tough road back for Wall Street.