FROM John B. Taylor
The Presidential Candidates on the Economy A front-page headline in today's New York Times says, " Parties Differ on Whom Economic Aid Should Help ." But the story goes on to say that when a presidential campaign coincides with both a Wall Street crisis and soaring home foreclosures, "traditional ideological battles… become blurred." Barack Obama and Hillary Clinton have unveiled government rescue plans for homeowners at costs of about $30 billion. John McCain says it's "not the duty of government to bail out and reward," but he supports the Federal Reserve's plan to lend banks and investment firms up to $400 billion. Are the parties as different as the rhetoric makes them sound? Why is Wall Street contributing more to Obama and Clinton than McCain?
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
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.
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.
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.