President Barack Obama has proposed opening up new areas for offshore drilling, including in the Atlantic. For this month's Environmental Outlook, Diane and her guests discuss the prospects for finding oil and gas offshore, and the environmental and safety concerns.
Two years ago Kevin Phillips warned about the dangers of easy cash, growing debt, and dependence on foreign oil. He explains why he believes we are now in a full-fledged crisis, what led the U.S. to its current predicament, and what can be done to address what he calls the ‘global crisis of American capitalism.’
- Kevin Phillips political and economic commentator. His most recent book is titled: "Bad Money: Reckless Finance, Failed Politics and the Global Crisis of American Capitalism"
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