Angeleno Starts Bank Transfer Day
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The people calling themselves Occupy LA marched to the financial district on Saturday, advocating that people withdraw their money from big banks and make their deposits somewhere else. It's an old strategy with a new look, proposed by a local woman we talk with. It turns out she envisioned something different than what happened on the streets of LA. On our rebroadcast of today's To the Point, a former employee goes public with graphic charges of sexual harassment against Herman Cain as the GOP race for president gets more unsettled than ever.
Main Topic
Protesting Wall Street, in Public and Private ()
On Saturday, Occupy LA turned into Bank Transfer Day as hundreds of people marched through the financial district to demonstrate their frustration with financial institutions, advocating that people withdraw their money from big banks and deposit it in credit unions. We speak with the woman who's getting credit for the idea by suggesting it to her friends on Facebook, and hear how that strategy is working nationwide.
Guests:
- Kristen Christian: Bank Transfer Day
- Carol Wells: Center for the Study of Political Graphics
- Henry Kertman: California Credit Union League
- Beth Mills: California Bankers Association
Main Topic
The Republican Race for President: More Unsettled than Ever ()
Establishment Republicans and other political pros think Mitt Romney is the most likely candidate to unseat President Obama a year from now. We get the latest with the Iowa caucuses less than two months away. In the meantime, a fourth woman has made sexual harassment charges against Herman Cain, this time in a public statement with the ugly details. Sharon Bialek, a former employee of the National Restaurant Association, then run by Herman Cain, said she'd been fired from her job and that her boyfriend suggested she ask Herman Cain how to get a new one. Facing a bank of cameras in New York City, she gave a graphic account of what happened. We hear what she said and what the impact might be and look at how the Republican presidential field is shaping up.
Guests:
- John Heilemann (@jheil): New York magazine, @jheil
- Frank Newport: Gallup Poll, @galluppoll
- Donna Hoffman: University of Northern Iowa
- Scott Galupo: US News and World Report
- Alex Pareene: Salon.com, @pareene
Links:
- Los Angeles Times on Sharon Bialek's sexual harassment claim against Cain
- Associated Press on Cain's denial of latest accusations
- Heilemann on Romney, Iowa caucuses
- Heilemann on the Cain-Perry 'blame game'
- Gallup polls on the 2012 presidential election
- Galupo on Romney, the GOP make Obama lucky in his enemies
- Pareene on GOP inability to pick a non-Romney cahdidate
Underwriters
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Rosalinde and Arthur Gilbert Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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