Nuclear Summit Wraps; Oklahoma Politics; Paying Taxes with Art; Microfinance in Action

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Wednesday, April 14, 2010

The Nuclear Security Summit wraps up; lawmakers from Oklahoma on attitudes towards the federal government; in Mexico, artists can pay their taxes with artworks; Charlotte, N.C., sees an influx of northerners; anti-government "red shirt" protests in Thailand; tricking yourself to save; the boom in microfinance lending proves fertile ground for both genuine charity and opportunists; and Kim Severson previews her new book, 'Spoon Fed.'

Top of the Hour: Safe-guarding Nuclear Material, This Morning's Headlines

New York Times chief Washington correspondent, David Sanger, joins us to talk about the nuclear summit; this morning's headlines.

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Aiming to Stop Black Market Nuclear Traffic

President Obama's nuclear security summit, held in Washington, D.C. and hosting 46 world leaders, wrapped up last night with a request from the president. He called on all the nations present to cooperate in keeping nuclear material out of the hands of terrorists.

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Takeouts: Kitty Kelley vs. Oprah Winfrey, NHL Stanley Cup

  • PUBLISHING TAKEOUT: Patrik Henry Bass, Takeaway contributor and books editor for Essence, explains why celebrity biographer Kitty Kelley wants you to know that nobody can keep a secret.  Not even Oprah Winfrey. These two women might be more similar than they appear.
  • SPORTS TAKEOUT: Takeaway sports contributor, Ibrahim Abdul-Matin, previews the NHL's Stanley Cup Playoffs, which start Wednesday. He says, don't underestimate two-time defending MVP Alex Ovechkin and his Washington Capitals.

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Micro-Lending Better in Theory Than Reality

Micro-lending was supposed to save the world's poor from big, overseas lenders; but, an article in this morning's New York Times reveals that although the theories behind micro-finance seem to work, the actual loans don't.

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China Quake Causes Extensive Damage

At least four hundred people have been killed and ten thousand have been injured in an earthquake, which rattled the rugged province of Qinghai near the Tibetan border on Wednesday. The 7.1 magnitude quake struck near the surface, flattening houses, schools and offices, and cutting water and power supplies.

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'Spoon Fed:' Kim Severson on Food and Life

For this week’s food segment, we sit down with our friend Kim Severson, food writer for our partner The New York Times, and star of such past Takeaway cooking segments as “The Girl Scout Cookie Smackdown” and “Food Writers Compete to Feed Six for Fifty Dollars.”

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Top of the Hour: State Militias, This Morning's Headlines

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Rift Over State Militias Stirs Oklahoma GOP

In Oklahoma, anti-federal government sentiments run hot in some quarters. State Senator Randy Brogdon said recently that a state militia would, in his opinion, be permitted by the Second Amendment, which he said "deals directly with the right of an individual to keep and bear arms to protect themselves from an overreaching federal government." Brogdon is running for governor and has appealed directly to the Tea Party movement for political support; other GOP state senators, such as Steve Russell, say they see no need for a state militia to protect the state from Washington, D.C.

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Takeouts: Capitol Hill as Training Ground for Top Lobby Jobs, START Treaty's Journey Through Congress

  • FINANCIAL TAKEOUT: What’s the difference between a Washington Lobbyist and a former congressional aide? It sounds like the setup to a bad joke, but in fact, Louise Story, The New York Times Wall Street and finance reporter, says that the question is actually very valid and becoming very hard to answer.
  • WASHINGTON TAKEOUT: With the nuclear summit winding down, The Takeaway's Washington correspondent, Todd Zwillich, looks at the future of the START treaty, which President Obama and Russian President Dmitry Medvedev signed last week. The treaty aims to significantly decrease the amount of nuclear weapons between the two countries, but it looks like it's going to be a long and slow journey for START treaty in Congress.

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DIY Bailout: How to Trick Yourself to Save Money

The government bailout of the big banks on Wall Street is still headline news. But nobody we know got a bailout, and lots of people are trying to figure out how to make it through the recession. Takeaway contributor Beth Kobliner, author of "Get a Financial Life", is helping us construct our own bailout; this week, she teaches us now to trick ourselves into saving money.

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As Northerners Move South, Charlotte Sees Big Changes

All month, the federal government has been actively encouraging people across America to fill out the 2010 Census. The survey, which is distributed every ten years, may reveal that the demographics of many cities have drastically changed over the decade. One of those cities is Charlotte, N.C., where an increasing number of northerners and minorities have moved to the once majority-white and classically southern city.

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In Mexico, Artists Pay Taxes with Paintings

Tax day is quickly appraoching and many Americans may be scrambling to file their taxes and fork over a chunk of money to the federal government. But imagine if instead of paying taxes in the form of money, you could give the government a piece of art. That's the arrangement in Mexico, where the government has been allowing artists to offer pieces of art instead of paying income tax since 1957. It's resulted in a masterful art collection housed and displayed in Mexico City.

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Maternal Deaths Decline Significantly Worldwide

For the first time in decades, the maternal mortality has declined significantly. More access to prenatal care, fewer pregnancies worldwide, and improvements in large countries like China and India have all contributed to the improved numbers. However, some experts are concerned that the report, published in the journal, Lancet, may distract from work that still needs to be done.

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JP Morgan Announces Major Earnings

JP Morgan was the first bank to report results this quarter, and they're pretty good. The bank announced that they had earned $3.3 billion in first-quarter income. The announcement signals that fewer borrowers are falling behind on their loans. Finance and Wall Street reporter for The New York Times, Louise Story, joins us with the details.

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