FROM Naomi Klein
Capitalism vs the Environment Journalist and author Naomi Klein says the only antidote to global warming is an immediate revolution. Her new book, This Changes Everything: Capitalism vs The Climate, argues that in order to save the planet, we have to ditch capitalism - or at least the way capitalism is practiced today.
The End of Capitalism? What may become the government's biggest intervention into American business is being engineered by an administration that has championed a hands-off approach to the economy. But President Bush says the government needs to rescue the economy by buying up the bad debts of banks, Wall Street brokerages and other financial players. Congress had been planning to go home next week to campaign for re-election, but leaders of both parties have agreed to take up the bailout proposal as soon as this weekend. Time magazine calls it " the mother of all bailouts ," and stock markets around the world jumped at the prospect of hundreds of billions of taxpayer dollars. But a lot of questions remain. Will it reward those who made bad investments? Will it protect home ownership, retirement plans and personal savings? Where will the money come from? Will it tie the hands of government for years to come? Will Congress go along? What does intervention so massive mean for free-market capitalism?
Was the Iraq War about Oil after All? Iraq has the fourth largest known oil reserves in the world. Big western oil companies were in charge of development until 1972, when Saddam Hussein seized their assets and threw them out of the country. Now, 36 years later, the big Western oil companies are coming back. The Maliki government has agreed to sign no-bid service contracts with ExxonMobile, Chevron, British Petroleum, Dutch Shell and the French company, Total, providing a long-term advantage when production increases. Companies from Russia, China and India are not in on the deal. Can the Kurds, Sunnis and Shiites agree on sharing the proceeds? Will US troops be required to maintain security?
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
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.
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.