To the Point
'Socialism' and Cold War Rhetoric in the Presidential Campaign
John McCain is accusing Barack Obama of "socialism." Obama says McCain has "run out of ideas." What does "socialism" really mean? Will Cold War rhetoric work in the campaign of 2008? Also, stock markets fall globally while OPEC cuts production, and a cheaper, faster way of detecting almost all genetic diseases.
By Warren Olney • • 1h 0m ListenJohn McCain is accusing Barack Obama of "socialism." Obama says McCain has "run out of ideas." What does "socialism" really mean? Will Cold War rhetoric work in the campaign of 2008? Also, stock markets fall globally while OPEC cuts production, and a breakthrough in early detection of 15,000 genetic diseases.
In this episode
3 storiesStock Markets Fall Worldwide while OPEC Cuts Production
"This is beyond volatile; it is chaotic." That was the assessment of one top economist as stock markets around the world plunged today while the price of oil and even gold declined sharply. Peter Cohan is President of Peter S. Cohan & Associates, a management-consulting and venture-capital firm.
Read the story6 min'Socialism' and Political Rhetoric, Past and Present
Barack Obama wants to raise taxes on incomes over $250,000 and use part of the money for tax credits on all workers, even those who don't earn enough to pay income tax. John McCain says that borders on "socialism" and crowds cheer.
Read the story35 minNew Way to Test Embryos for Genetic Diseases
Genetic research has discovered some 15,000 diseases that travel through generations. Since 1989, it's been possible to screen embryos for 350 of these hereditary conditions, but the process takes almost a year and is very expensive.
Read the story8 min
