Today's Takeaway | December 7, 2012

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Friday, December 07, 2012

Job seekers look for employment at a job fair in Los Angeles on September 20, 2010 Job seekers look for employment at a job fair in Los Angeles on September 20, 2010 (Getty)

The Changing Value of a College Degree | A Map for Finding Our Fiscal Way | Conditions for Syrian Refugees Continue to Worsen | Olympus Whistleblower Speaks Out | Harry Reid's New Year's Resolution? Filibuster Reform | Jim DeMint Exits Senate for Heritage Foundation | Edward Burns on Directing, Acting and the Holidays

When a College Degree Doesn't Matter in the Job Creation Equation

The US Labor Department releases its monthly employment numbers this morning. With every job lost or gained, there’s at least one economist wagging his or her finger about how the value of a college education is more and more important in today's tough job market. But Sharon Virts Mozer, the CEO of FCi Federal who has created over 1,000 jobs, believes that most employers overestimate the power of a four year degree.

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A Map for Finding Our Fiscal Way

There are likely many images that spring to mind when considering the "fiscal cliff," but for the dean of Columbia Business School, Glenn Hubbard, the looming austerity crisis brings back memories of summer vacations in Ogunquit, Maine: a scenic coastal walk along a narrow path on a cliff. Hubbard says there is a safe way down the rocky path to reach the beach below, but you just need to find the right way to get there. Hubbard was chairman of the Council of Economic Advisers under President George W. Bush. He explains why our system was set up to create a "fiscal cliff" in the first place.

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Conditions for Syrian Refugees Continue to Worsen

UN Secretary-General Ban Ki-moon will visit refugee camps in Turkey today, but life for Syrian exiles is deteriorating quickly as cold sets in and food runs out. Dr. Luay Alkotob just returned from an aid mission to the region, and describes the situation on the ground in Turkey.


New Movie Releases: 'Playing for Keeps,' 'Hyde Park on Hudson,' 'The Fitzgerald Family Christmas'

Every Friday The Takeaway's Movie Date team, Rafer Guzman and Kristen Meinzer, share their thoughts on the major film releases of the week. This week’s releases include "Playing for Keeps," "Hyde Park on Hudson," and "The Fitzgerald Family Christmas."


Edward Burns on Directing, Acting and the Holidays

The holiday season is usually a time filled with family celebrations. For actor, writer and producer Edward Burns, that means it's also a time to explore the comedy and drama inherent in most families. Burns, the writer and director of "The Brothers MacMullen" and star of several films, including "Saving Private Ryan," discusses his new film, "A Fitzgerald Family Christmas," about an Irish-American family during the holidays.


Olympus Whistleblower Speaks Out

You might know them for their cameras, but Japanese company Olympus is responsible for one of the largest financial scandals in recent memory. Former CEO Michael Woodford blew the whistle on Olympus's shady dealings, and now he's speaking out about the ordeal in a new memoir.


As DeMint Steps Down, Reid Pushes for Filibuster Reform in Senate

With the election behind us and several new Democrats on their way to Washington, Senate majority leader Harry Reid intends to push controversial filibuster reform through Congress. But in order to do that, he’ll have to convince some fellow Democrats who are currently on the fence. Takeaway Washington Correspondent Todd Zwillich explains.