To the Point
Is America Moving from Right to Left?
All over the country, once-solid Republican seats in the Senate and Congress are shifting toward the Democrats. We look at the prospects for one-party rule if Barack Obama wins the White House. Also, Greenspan admits being "partially" wrong on deregulation, and Sarah Palin's wardrobe.
By Warren Olney • • 1h 0m ListenAll over the country, once-solid Republican seats in the Senate and Congress are shifting toward the Democrats. We look at the prospects for one-party rule if Barack Obama wins the White House. Is America in for a shift to the Left? What are the forces that moderate potential excesses on Capitol Hill? Also, former Fed Chairman Alan Greenspan admits being "partially" wrong on deregulation, and Governor Palin's wardrobe creates an image problem for the candidate as Hockey Mom.
Banner image: Republicans in danger of losing their seats include (L to R) Sen. Saxby Chambliss of Georgia, Rep. Michele Bachmann (MN) and Sen. Christopher Shays (CT)
In this episode
3 storiesGreenspan 'Partially' Wrong about Deregulation
During 18 years as head of the Federal Reserve, Alan Greenspan opposed regulation of the packaging of mortgages into complex securities. Today he told the House Oversight Committee he made a mistake. Neil Irwin is a financial reporter for the Washington Post .
Read the story6 minCould the Democrats Win a Supermajority?
Whatever the outcome of the presidential campaign, Republicans may be in for a long night on November 4. The Democrats are poised to win so many seats in Congress that Republicans are warning about one-party rule if Barack Obama takes over the White House.
Read the story34 minSarah Palin's Wardrobe: Fashion Do or Don't?
"Nothing says Main Street like Sacks Fifth Avenue" is just one of the cracks made by political pundits after news that the Republican National Committee spent $150,000 on clothes for Sarah Palin. An advocate for Joe Sixpack, Palin only makes $125,000 a year as Governor of Alaska.
Read the story9 min
