News Roundup - Hour 1
http://thedianerehmshow.org/shows/2010-08-27/news-roundup-hour-1
A man is rescued by a military helicopter, near the I-10 Freeway, a week after hurricane Katrina, in New Orleans, Louisiana, on September 7, 2005
Flickr user Ammar Abd Rabbo
Alaska's GOP Senate primary race remains too close to call. New concerns about the strength of the economic recovery. And New Orleans five years after Katrina. A panel of journalists joins Diane for analysis of the week's top national news stories.
Guests
Naftali Bendavid
national correspondent, The Wall Street Journal; author of "The Thumpin': How Rahm Emanuel and the Democrats Learned to be Ruthless and Ended the Republican Revolution."
Sheryl Gay Stolberg
White House correspondent, The New York Times.
Michael Hirsh
senior editor at Newsweek; author of a new book, "Capital Offense: How Washington's Wise Men Turned America's Future Over to Wall Street."
Related Items
News Roundup Video
The panelists discuss Fox Television host Glenn Beck's planned "Restoring Honor" rally to take place on the National Mall in Washington D.C. August 28, the same day of the anniversary of Civil Rights leader Martin Luther King Jr.'s "I Have a Dream" speech. Beck has made controversial comments comparing the conservative movement to the civil rights movement:
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Ken Mehlman was silent about his true nature while he lead a political party that made political hay out of anti-gay legislation and state constitutional amendments. Any bravery of his coming out of the closet is far eclipsed by his lifetime of moral cowardice.
-- MrJM
Water control and management in the Southeastern U.S. have not kept pace with population growth and need urgent profound upgrading, not only in New Orleans. Read more here: http://brainmindinst.blogspot.com/2009/10/water-mind_09.html
A significant downward revision to GDP growth in the second quarter makes it clear that this "recovery" is losing steam. Spending of the stimulus has been incompetent, at best. Cash for clunkers and housing tax credits felt good but their impact was short-lived. When will the politicians address this issue with long-term, strategic solutions? The White House, in particular, seems more reactive than visionary. America, with 22% un- and under-employment, cannot wait any longer!
Correct me if I'm wrong but I believe I read in the last couple of weeks that there was a lot of stimulus dollars that remain unspent, in the hundreds of billions of dollars.
The president doesn't set interest rates nor set lending policy for banks. With all due respect to the small-business owner, small businesses thrived until the recession started. See SBA statistics through 2007.
Healthcare reform is extremely forward-looking, in fact, many of its provisions don't take effect for five years. Look at Massachusetts to see how well that's likely to go.
I have not seen anyone of note comment that the government will make money on its bailout of banks, AIG and Fannie & Freddie; especially when we're still bailing them out.
Aw - poor, misunderstood "moderate" Alan Simpson.
Glenn Beck and the Tea Party believe themselves to be the new representatives of the civil rights movement?!?!?!? Are these not the same people who are against gay civil rights, which is arguably the race issue from the 50's and 60's repeated in this 'enlightened' age of 2010?
It's been quickly forgotten that health reform has happened this year and ought lead and economic recovery or crash going forward. It's arguable this is the most forward looking move made by any administration in recent history.
Question: Is Obama crippled by corporate money? I know Congress is 'bought;' please give me your thoughts.
Idea - Healthcare: Immediately all three branches of government should be forfeit of their healthcare benefits, cloistered in the YWCA (not the Hilton!) just like a locked jury. And they should have to write a policy for universal healthcare coverage ... for themselves, their families, and the American people. And no "public servant" should have benefit of healthcare other than what is also available to the American people.
Idea -- Corporate personality: The law should be changed immediately that gives corporations the same rights as people. Citizens should have more rights than either 'consumers' or corporations.
Diane, thank you for what you do! Excellent research, excellent reporting. And I love the way you have sometimes reminded the adult guests on your show to 'listen' and stop interrupting one another; nothing will make me shut-off the sound than a bunch of adults all speaking over each other! Good job!
Bush Bashing/Blaming is just more diversion from important facts. The argument that Bush policies are responsible for our current economic woes is flawed:
1. the two billion + surplus of clinton era was not actual but projected surplus (a very big difference) and it was projected based on the .com bubble, which obviously burst not long after Bush entered office. Oh, by the way, Bush wasn't allowed to blame clinton for that.
2. Remember the infamous day of january 3, 2007? the day the dems took over both houses of congress, the GDP was near 5%, unemployment was below 5% and the DOW was smoking hot.
3. Bush made well over a dozen pleas to congress to put a leash on Freddy and Fanny, but he was ignored.
4. The dems took over key committee positions (e.g., banking), which soon became infected with the problems we see now (policies set down by dems, not bush)
5. one key policy the dems pushed was for banks to make loans to lower income, higher risk clients, which set the stage for the sub--prime meltdown.
Gary :
Very good analysis. It does seem as though the country has been sliding off path since the Democrat's took control of the congress.
George Corley Wallace never met Abraham Lincoln and Glenn Beck will never meet Martin Luther King. I would hate to hear what Wallace thought were Lincoln's "good points." People who use a maimed account of King's message and life to reinforce a "rugged individualist", white supremacist, pro-corporate agenda match Stalinists in their mastery of revisionist history. To simplify, some recall a pulp fiction version of "I have a dream" and forget the Riverside Church sermon about structural violence and classism; and his opposition to the Vietnam War as a symptom of these inequities. Glenn Beck drags the body (of work) of a great American behind his pick-up truck until the parts he rejects fall off. I would not want to be there when he reaches the National Mall and places the bloody gun-shot head on a post.
In Gastonia, NC they built the county jail and the social services office: Then they named this plaza Martin Luther King Place. So his place, in the public mind, will forever be in jail or on welfare. Glenn Beck should also be put in his place.