Mar 24 2009
March 25, 2009
We’ll analyze the president’s speech on his financial rescue plan to buy up toxic assets from Wall Street. And, we’ll hear part 1 of an in-depth interview with journalist Pratap Chatterjee about his new book, “Halliburton’s Army: How a Well-Connected Texas Oil Company Revolutionized the Way America Makes War.” And, we’ll discuss why the Obama administration revoked their nomination of Thomas Saenz to head the Justice Department’s civil rights division. …
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Twenty years ago today, the oil tanker Exxon Valdez departed from the Alaskan fishing port of Valdez. The ship’s captain, Joseph Hazlewood, was under the heavy influence of alcohol when the the Exxon Valdez hit a reef off the coastline of Prince William Sound. The resulting oil spill, one of the largest and most catastrophic in …
Secretary of State Hilary Clinton will visit Mexico this week in the first of a series of visits by top US officials, ahead of President Obama’s visit next month. Clinton’s visit with Mexican President Felipe Calderon comes at a time when news of violence by Mexico’s drug-cartel is dominating the news. Thousands of people have been killed …
U.S. Treasury Secretary Timothy Geithner announced yesterday a new one trillion dollar plan to purchase toxic assets from failing banks. According to Geithner, the newest bailout is designed to generate investment; however, Nobel Prize winning economist and New York Times columnist Paul Krugman sharply criticized the plan saying that it will be ineffectual. President Obama’s key …
