- Social:
St. Louis Federal Reserve Bank
Director of the Center for Household Financial Stability at the St. Louis Federal Reserve Bank
PROFILE
Ray Boshara
Guest
FROM Ray Boshara
To the Point
The Selective Recovery and a Shrinking Middle Class Wall Street is setting records never imagined before, and the housing market is on the rise. Does that mean the Great Recession is over? Not according to the Federal Reserve Bank of St. Louis , which says average American households have recovered just 45% of the wealth they lost. Others say the reality of two Americas has crushed faith in stabilizing institutions, including farms, factories, public schools and the political system. We hear what it feels like to be on the losing end and look for signs of a better future.
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To the Point
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
To the Point
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
To the Point
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.