To the Point
The Rescue Plan and Its Possible Consequences
After a weekend of political drama and late-night negotiations, Congress took up the latest version of the Wall Street rescue plan . With a price tag of $700 billion, nobody said they liked it, but supporters insisted the American people would be worse off without it. Opponents said it would never work.
By Warren Olney • • 1 min readAfter a weekend of political drama and late-night negotiations, Congress took up the latest version of the Wall Street rescue plan. With a price tag of $700 billion, nobody said they liked it, but supporters insisted the American people would be worse off without it. Opponents said it would never work. We hear the latest about what's in the plan and why is has just filed to pass a vote in the House. After their first debate, with no knockouts and no big mistakes, John McCain and Barack Obama are both claiming they made the bailout better. We hear from them.
Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Karen Radziner
Managing Producer, To the Point & Which Way LA?
Christian Bordal
Managing Producer, Greater LA
James Politi
US Economics and Trade Correspondent, Financial Times
James Barth
former Chief Economist, Office of Thrift Supervision
James Galbraith
University of Texas, Austin