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FROM THIS EPISODE

The median price of a home in Detroit is now $7500, less than the cost of a new car. No place is immune from recession, but some are hit harder than others. On our rebroadcast of today's To the Point, we hear the bad, the good and what it takes to bounce back. Also, the results of yesterday’s local elections and tomorrow’s Proposition 8 hearing by the State Supreme Court. Plus, Manny Ramirez is back with the Dodgers.

The City at Stake

Raphael Sonenshein

Producers:
Christian Bordal
Sonya Geis

Reporter's Notebook Mannywood, Back in Business 6 MIN, 36 SEC

Los Angeles Dodger sensation Manny Ramirez thought he was worth $100 million for four years.  But after a personal meeting with team owner Frank McCourt, he settled for two years at $45 million with an escape clause, so he can test the free-agent market again next year.  Matt “Money” Smith is half of the Petros and Money show, heard locally on KLAC-AM 570.

Guests:
Matt 'Money' Smith, 'Petros and Money' (@mattmoneysmith)

Making News Proposition 8 Re-reconsidered 7 MIN, 28 SEC

The State Supreme Court legalized same-sex marriage last May. In November, voters approved Proposition 8, which banned same-sex marriage. Tomorrow that same court will consider challenges to the proposition’s constitutionality. Bob Egelko covers the court for the San Francisco Chronicle.

Guests:
Bob Egelko, San Francisco Chronicle

Main Topic The Mayor Gets Four More Years (and Other Election Results) 11 MIN, 59 SEC

Mayor Villaraigosa won re-election last night, but not by a landslide.  His ally Jack Weiss was forced into a runoff for City Attorney.  And the solar power program, Measure B, which the Mayor campaigned hard for, is still too close to call.

Guests:
David Zahniser, Los Angeles Times (@DavidZahniser)
Raphael Sonenshein, California State University, Los Angeles (@SonensheinPBI)

Main Topic Tracking the Recession: Region by Region 7 MIN, 27 SEC

In Detroit, the median price of a home is now estimated at $7500, less than the lowest priced new car on the market. In Lehigh Acres, once a middle-class suburb of Miami, one out of every four people is now on food stamps. What’s now being called the Great Recession comes hard on the heels of a massive boom in construction.We examine the impact of the recession in different regions and their different prospects for economic recovery.

  • Listen to this discussion, broadcast earlier today, on To the Point.

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