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FROM THIS EPISODE

With the presidential primaries just six months away, Clinton continues to lead Obama and Edwards, but Republicans aren't even close to picking a favorite. We talk about candidates, issues and the prospects for change between now and January of next year. Also, Fed Chair Ben Bernanke on sub-prime mortgage rates and, on Reporter's Notebook, after Britain expelled four Russian diplomats, Russia has responded in kind, saying it's now "impossible" to cooperate against terror.

Producers:
Katie Cooper
Dan Konecky
Vanessa Romo

Reporter's Notebook Russian-British Tit-for-Tat, Where Will It End? 6 MIN, 34 SEC

Russia has expelled four British diplomats from Moscow just three days after the UK sent four Russians home. It's tit-for-tat over the poisoning death of a former Russian spy in London. Britain wants Russia to extradite Andrei Lugovoy to stand trial for the murder of Alexander Litvinenko but, today, Moscow upped the ante, saying it's now "impossible" to cooperate with Britain against terrorism. Michael Binyon covers foreign affairs for the Times of London.

Guests:
Michael Binyon, Foreign Affairs Specialist for the Times of London

Making News Fed Chief Speaks Out on Economy and Sub-Prime Plunge 5 MIN, 33 SEC

On Federal Reserve Chairman's Ben Bernanke's second day of testimony before a committee of Congress, he had more to say about the problem of sub-prime mortgages. The Fed has been criticized for lax oversight.  Peter Coy is Economics Editor for BusinessWeek magazine.

Guests:
Peter Coy, Bloomberg BusinessWeek

Main Topic Progress Report on the Presidential Campaigns 36 MIN, 45 SEC

With six months left until primary voters go to the polls, Democrats are raising more money than Republicans and seem to like their available options. For Republicans, it's "none of the above." Clinton continues to lead Obama and Edwards, but among Giuliani, McCain, Romney and Thompson, there's no clear front-runner. What's happened to John McCain? Who is Fred Thompson? Is the Iraq war still the defining issue? What about immigration? Will the political center finally make the difference or has the electorate evolved into warring extremes? We look at the candidates in both parties.

Guests:
Walter Shapiro, Yahoo News and Columbia Journalism Review (@waltershapiroPD)
Dan Schnur, USC Unruh Institute of Politics (@danschnur)
John Hawkins, RightWingNews.com (@johnhawkinsrwn)
Tom Schaller, Professor of Political Science, University of Maryland
Larry James, Attorney

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