To the Point
The Building Urgency of the Economic Crisis
This weekend the Bush Administration announced a dramatic rescue for the banking giant Citigroup. It's a time of almost unprecedented political circumstances surrounding government responses to the crisis, as one president prepares to leave office, and another gets ready to take over. Guest host Sara Terry explores what's at stake during this transition, and what lessons can be learned from history? Jimmy Carter is denied a visa, along with other world elders. What is Zimbabwe’s Robert Mugabe doing behind closed doors?
By Sara Terry • • 1h 0m ListenThis weekend the Bush Administration announced a dramatic rescue for the banking giant Citigroup. It's a time of almost unprecedented political circumstances surrounding government responses to the crisis, as one president prepares to leave office, and another gets ready to take over. Guest host Sara Terry explores what's at stake during this transition, and what lessons can be learned from history? Also, Jimmy Carter and Kofi Annan were turned away when they tried to enter Zimbabwe. Why a group known as the elders were denied entry to the southern Africa country, and why they say the crisis there is deepening.
Banner image: US President-elect Barack Obama announces New York Federal Reserve Bank president Timothy Geithner (L) as his choice for treasury secretary, Christina Romer (2nd L) as Council of Economic Advisers Chair, and Lawrence Summers (R) as director of the National Economic Council (NEC), during a press conference in Chicago. Photo: Saul Loeb/AFP/Getty Images
In this episode
3 storiesThe Building Urgency of the Economic Crisis
Just a few weeks ago, President-elect Barack Obama reminded the media, "There is only one president at a time." But with the building urgency of the economic issues facing the country, America's president-in-waiting is taking a more active role. Over the weekend he called for a stimulus plan to create two and a half million jobs.
Read the story1 minGeithner, Summers to Lead Obama's Economic Team
At a press conference in Chicago today, President-elect Barack Obama spoke about his economic stimulus package , which will create two and a half million jobs, and announced the appointment of four top economic advisors: Lawrence Sommers , Director of the National Economic Council; Tim Geithner , Secretary of the Treasury; Christina Romer ,…
Read the story6 minZimbabwe Faces Growing Political, Humanitarian Crises
Jimmy Carter, Kofi Annan and Nelson Mandela's wife, Graca Machel, were among those refused entry visas for Zimbabwe on Saturday. The group known as The Elders wanted to visit the troubled country to assess the humanitarian situation, which is rapidly approaching a crisis.
Read the story7 min
