To the Point
Time's Running Out before a Fiscal Crisis Kicks In
We hear how compromise on the "fiscal cliff" is dominated by philosophical differences, political mistrust — and personal antipathy.
In the midst of negotiations with President Obama, House Speaker John Boehner proposed what he calls "Plan B." But it's sure to be dead on arrival when it reaches the Senate. We hear how compromise on the "fiscal cliff" is dominated by philosophical differences, political mistrust — and personal antipathy. Also, the New York Stock Exchange is sold, and the Global Strategic Maple Syrup Reserve.
Banner image: Speaker John Boehner and Republican leaders hold a press conference as they work with the White House to find a balanced solution to the "fiscal cliff." December 18, 2012. Official Photo by Bryant Avondoglio
In this episode
3 storiesNew York Stock Exchange Sold as US Economy Sees a Boost
New York is still the financial capital of the nation, but the industry is spreading around the country. Charlotte, North Carolina has become next in line. Now the New York Stock Exchange has been sold — to a company in Atlanta. Daniel Gross is global business editor and columnist at Newsweek/Daily Beast .
Read the story8 minIs Washington Full of 'Grownups'… or Not?
In the aftermath of last week's atrocity in Connecticut, some serious pundits said Washington politicians might respond by acting like "grownups." The implication was that House Republicans and the White House would compromise to avoid the consequences of the so-called "fiscal cliff."
Read the story36 minThe Great Maple Syrup Robbery
We often hear about America's Global Strategic Petroleum Reserve . Now it turns out that Canada has a Global Strategic Maple Syrup Reserve.
Read the story8 min