FROM Hugh Ray
Preserving Wall Street, the Auto Industry and the Income Gap All of Washington decided that Wall Street's investment bankers were "too big to fail," to the tune of $350 billion, and nobody really knows where money has gone. After Republicans in Congress held up loans for US automakers, President Bush scraped up $17 billion to keep General Motors and Chrysler from going bankrupt, at least for a while, but only with tough conditions and demands that union contracts be re-drawn. Would US auto companies be better off in bankruptcy? What about investment banks that can't repay their clients? Why do unionized workers have to sacrifice benefits when Wall Street is still paying bonuses worth tens of millions of dollars?
Truth and Lies in Trumpland Donald Trump is using mis-information like no President has before him. It's an unprecedented challenge to the news media, and a potential threat to democracy. We hear how the "leader of all the people" is dividing Americans and confusing the rest of the world.
Nuclear crisis on the Korean Peninsula slowly coming to a head North Korea did not conduct a nuclear test this weekend, but it did show apparent progress in developing a missile that that could strike the United States. The Trump Administration says it has lost its "strategic patience." We hear what that might -- or might not -- mean for North Korea, China and the prospects for diplomacy.
Trump's ethical conflicts pile up as transparency diminishes President Trump's refusal to reveal his income tax returns is just one example of a lack of transparency that could be hiding conflicts of interest. Other conflicts are already obvious from his appointments. And he's being sued for using his job to increase his profits.