FROM Matthew Lynn
Can the Leaders of Europe Save the Euro? In Europe yesterday, there was another summit and another delay in taking the action needed to stave off another worldwide recession. But even some pessimists concede there was a new sense of urgency that could lead to a rescue plan before it's too late. We hear about efforts to save the Euro and avoid another worldwide recession.
Can the Leaders of Europe Save the Euro? Yesterday's summit of European leaders put off action until Wednesday, another delay in a financial crisis that's beginning to sound like 2008. The possibility of so-called "contagion" goes like this: Greece is on the verge of default, and austerity measures have led to rioting in the streets. If Greece fails, private investors could lose faith in Spain, Italy and, possibly, even France, with US lenders potentially next in line. Nobody really knows the extent of the danger. Will the Euro, designed to stabilize the continent, require that it break apart?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
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.