FROM David C. John
American Workers and the Retirement Squeeze For the first time since the New Deal, retiring Americans will be worse off than their parents, and it's not just because of the Great Recession. Guaranteed pensions have been replaced by 401(k)'s -- but they make more for the financial industry than they do for retirees. There's a growing consensus that more than half American workers over 30 will be unprepared for retirement. Can popular personal financial advisers help? Are wage earners at fault for spending instead of investing or are they just not making enough money?
Credit Card Companies Max Themselves Out on Capitol Hill 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 .
Cracking Down on Credit Card Companies During good times, consumers were seduced with easy credit. Now, angry card-holders tell stories about rising interest rates and decreasing limits. Card companies, including some banks with taxpayer bailouts, are changing the rules. 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 . Some sleazy practices might be ended. But credit might also be harder to come by in times of need. Is that necessarily a bad thing? We look at the pros and cons.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.