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FROM THIS EPISODE

President Bush held one news conference on the economy this morning and President-elect Barack Obama held another one just two hours later announcing his new economic team. The two have pledged close cooperation, but how difficult is it to address a crisis with one president leaving office and another one in the wings? Also, Hollywood's upcoming awards season could be disrupted by another strike.  This time it's the actors.

 

Producers:
Karen Radziner
Sonya Geis

Main Topic Presidential Transition in a Time of Crisis 18 MIN, 23 SEC

Despite Barack Obama's reminder that "there is only one president at a time," with the increasing urgency of the economic issues facing the country, America's President-elect is taking a more active role. This weekend he called for a stimulus plan to create two and a half million jobs. Just two hours after President Bush's news conference on the economy this morning, Obama held another one. Bush defended the government's weekend decision to bail out Citigroup; Obama announced his new economic team. While the two have pledged close co-operation, how difficult is it to address a crisis with one president leaving office and another one in the wings?

Guests:
Peter Wallsten, Washington Post (@peterwallsten)
Paul Light, Professor of Public Service, New York University
William Leuchtenburg, Professor Emeritus of History, University of North Carolina at Chapel Hill

Herbert Hoover

William Leuchtenburg

Making News Another Strike in Hollywood? 5 MIN, 9 SEC

Despite the bleak economic outlook, the Screen Actors' Guild has decided to ask its members to vote on a strike. This comes after weekend meetings failed to produce a deal between actors and the studios. The move could disrupt Hollywood's awards season for the second year in a row. Michael Speier is executive editor at Daily Variety.

Guests:
Michael Speier, Executive Editor, Variety

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