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FROM THIS EPISODE

For the first time, Orange County District Attorney Tony Rackauckas has responded to a father's charges that his schizophrenic son was murdered. Six Fullerton police officers are on administrative leave and it's still unclear whether they will be charged. We talk with Rackauckas, the dead man's father, and authorities on police treatment of the mentally ill. Also, the local impact of today's widespread stock market decline.  On our rebroadcast of today's To the Point, the S&P downgrade: economics and politics.

Banner image: Justice for Kelly Thomas

Making News Dow Jones Impact in Los Angeles? 8 MIN, 49 SEC

The world is watching for the impact of history's first downgrading of the credit rating of the United States. How important is it? How worried should Americans be? The Dow Jones Industrial Average closed down 634 points today, a loss of 5.55 percent. The NASDAQ dropped 175 points, losing 6.9 percent. John Blank, Deputy Chief Economist for the Los Angeles County Economic Development Corporation, considers the impact in Southern California.

Guests:
John Blank, Los Angeles County Economic Development Corp

Main Topic OC DA Discusses Fullerton Beating Case 19 MIN, 24 SEC

More than a month ago a 37-year-old, homeless schizophrenic was beaten by six Fullerton police officers. Kelly Thomas died after five days in a coma, and his father, Ron Thomas, has released pictures of Kelly's face and head, horribly disfigured. Public outrage continues. At a demonstration this weekend, several hundred people demanded justice, and two city council members have called on Police Chief Michael Sellers to step down. The officers are on paid leave, and the department has said only that Kelly resisted when police approached and tried to search his backpack. Today, for the first time, Orange County District Attorney Tony Rackauckas spoke out about the charge by Kelly's father that his son was murdered, first spoke with Dave Lopez of Channel 2 News and then with Which Way, L.A.?.

Guests:
Tony Rackauckas, Orange County District Attorney (@OCDATony)
Ron Thomas, father of Kelly Thomas
Stephen Marder, UCLA Neuropsychiatric Institute
Steve Pitman, National Association on Mental Illness

Main Topic The S&P Downgrade: Economics and Politics 27 MIN, 17 SEC

Downgrades, Debt Crises and Double DipsAfter a weekend of silence, President Obama addressed the S&P downgrade and the US economy this afternoon from a White House dining room. He said that the US will always be a AAA-country, and Standard and Poor's is the only ratings agency to downgrade its credit rating to AA+.

Guests:
Daniel Gross, Daily Beast (@grossdm)
Zachary Karabell, President, River Twice Research
James Galbraith, University of Texas, Austin
Stephen Moore, Heritage Foundation

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