FROM Brad Williams
When the Wealthy Sneeze, the Economy Catches Cold The wealthiest Americans are a changing breed as conservative savers turn into manic spenders. Risk-taking millionaires can find themselves living out of their cars. What does that mean for the rest of us? Can government programs be sustained if they depend on taxing the least stable segment of the consumer economy?
When the Wealthy Sneeze, the Economy Catches Cold Democrats have given up on taxing millionaires to finance payroll tax cuts, but just for the moment. President Obama is clearly zeroing in on "the 1 percent." With economic inequality at record levels, there's growing pressure for the wealthy to pay more for government programs. But how much more? It's no longer true that the rich necessarily get richer. What was the most stable segment of the economy now feels booms and busts more than anyone else. Nobody's sympathizing with people who've lost their yachts and mansions, but what happens to government if it has to depend on them?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.