Treasury and the Fed said they would be open about where the taxpayers' trillions of dollars are going. But two months into the bailout, we still don't know important details about the government's agreements with financial institutions. Newsweek's Daniel Gross tells The Takeaway what information is being kept under wraps, and why it matters.
"Who in Washington is going to stand up and get red in the face and scream about this?" — Dan Gross on the secrecy of the bailout
With unemployment claims at a 16-year high, Detroit looking into the abyss, and the economy in freefall, our national security could be at risk. James Rickards, senior managing director for research at Omnis, an applied research firm, argues that government agencies need to pay attention to the security implications of our economic troubles.
"Four billion seemed like an enormous amount of money. Today it seems like spare change." — James Rickards on the difference between the collapse of Long Term Capital and today.
Researchers at Georgia Tech have developed technology that uses tracks movements of fish in a tank by corresponding their movement with musical notes The end result is a polyphonic pleasure that will allow visually impaired people to enjoy aquariums, zoos, and other places of informative learning. What would you call this new instrument and what does it sound like? Bruce Walker of the Georgia Tech Sonification lab joins John and Adaora.
Charlie Winters is only the second man to be pardoned posthumously. After he arranged for B-17 bombers to be sent to Israel (and even flew one himself across the Atlantic). He was hailed as a hero by Israel but convicted of violating the 1939 Neutrality Act. Eric Lichtblau from The New York Times discusses the details.
"He was willing to put his own life on the line in flying overseas." — Eric Lichtblau on Charlie Winters
As China's economy slows, unemployment grows and authorities worry this could mean social unrest. As next year marks the 20th anniversary of the Tiananmen Square uprising, the goverment says that finding jobs for university students is a top priority. Dr. Kerry Brown, a senior fellow in Asia research at Chatham House, joins The Takeaway to discuss the issues.
"If you've got workers and students coming together, that's pretty much a nightmare scenario." — Dr. Kerry Brown on the potential for social unrest in China
Advocates for everything from healthier school lunches to more humane treatment of farm animals to sustainable agriculture see an ally in the future President, but so far there's not much evidence that Obama himself is interested in reforming the U.S. food system. Kim Severson of The New York Times joins The Takeaway to talk about what foodies want from the new administration.
To outsiders Zimbabwe seems to be in crisis. A cholera epidemic has killed over 1,000 Zimbabweans and the economy is in collapse. On Monday, the U.S. and Britain demanded that President Mugabe step down but Mugabe says he will never surrender. For insight into this transcontinental power-struggle, we turn to journalist Heidi Holland, the author of "Dinner With Mugabe: The Untold Story of a Freedom Fighter Who Became a Tyrant."
"The people who pay for his anger in response to humiliation piled on by the west are the ordinary Zimbabweans." — Heidi Holland on Robert Mugabe
Seattle native Carla Saulter doesn't have a car, and her city doesn't have a subway, so she gets everywhere by bus. She says it's changed her life--for the better. Carla has become a transit advocate and writes the "Bus Chick" blog for The Seattle Post-Intelligencer. She joins The Takeaway to tell us how she's getting around in Seattle.
"I met my husband on the bus." — Carla Saulter on the romance of bus travel
2008 was a dynamic year of historic firsts, and who better to sum it up than one of America’s most trusted journalists. The 21-year veteran of NBC Nightly News joins John and Adaora to discuss the passing of his dear friend Tim Russert and why Barack Obama was the post-modern candidate in this year’s election.
"In Tim's case, he wished he'd spent more time at the office. He loved it so much." — Tom Brokaw on Tim Russert