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?
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.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.