- Social:
Heritage Foundation
Senior research fellow at the conservative Heritage Foundation, specializing in retirement security
PROFILE
David C. John
Guest
FROM David C. John
To the Point
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 Guaranteed pensions have been replaced by 401(k)'s -- but they make more for the financial industry than they do for retirees.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?
Which Way, L.A.?
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 .
To the Point
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.
Recommended
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?
Left, Right & Center
President Trump: US to withdraw from the Paris Climate Accord Trump says he was elected to serve Pittsburgh, not Paris.
To the Point
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
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.