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FROM THIS EPISODE

California's being called a nation-state without the tools or the vision to act in its own interests. We hear some ideas about how it might live up to its potential. Also, is medical marijuana out of control in LA? On our rebroadcast of today's To the Point, credit card companies, once denounced for offering easy credit, are under fire for tightening up, using psychological profiles of customers. We hear the latest about reforms the President wants to sign by Memorial Day.

Global California

Abraham Lowenthal

Producers:
Sonya Geis
Katie Cooper

Main Topic Credit Card Companies Max Themselves Out on Capitol Hill 27 MIN, 35 SEC

Liberal Senate Democrat Chris Dodd and conservative Republican Richard Shelby have co-authored a bill to reform the business of credit-card lending.  In his latest weekly radio address, President Obama indicated that its time has come.

Guests:
Sudeep Reddy, Wall Street Journal (@Reddy)
Travis Plunkett, Legislative Director, Consumer Federation of America
David John, Heritage Foundation (@Heritage)
Michael Hiltzik, Los Angeles Times (@latimeshiltzik)
Charles Duhigg, New York Times (@cduhigg)

Main Topic The Nation-State of California? 16 MIN, 16 SEC

California is a state that's the size of a nation — more diverse than almost any place else, with the world's eighth largest economy and increasing interdependence with other countries. But it's inwardly focused, and it's failing to exercise global influence or to act in its own interest. That's according to Abraham Lowenthal, former head of the Pacific Council on International Policy. He's written the book, Global California: Rising to the Cosmopolitan Challenge, hoping to ”change the mindset” of California.  Los Angeles Times financial writer James Flanigan has written on similar themes. His new book is Smile Southern California, You're the Center of the Universe: The Economy and People of a Global Region.

Guests:
Abraham Lowenthal, author, 'Global California'
James Flanigan, author, 'Smile, Southern California'

Reporter's Notebook Marijuana Dispensaries Mushrooming in LA 9 MIN, 20 SEC

Medical marijuana was legalized by California voters in 1996 and the state legislature drew up regulations to govern its use. Now it’s a major industry. In the City of Los Angeles, pot dispensaries outnumber Starbucks.  That’s according to a report airing tomorrow on SoCal Connected on KCET. USC Journalism Professor and former ABC Correspondent Judy Muller is the reporter.

Guests:
Judy Muller, award-winning network TV correspondent (@judusc)

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