To the Point
Will Federal Money Mean Economic Recovery?
Barack Obama wants big federal spending to rebuild infrastructure, promote green technology and create or save 2.5 million jobs. We look at the benefits and the risks of what he calls a "jolt" to the flagging economy? Also, Illinois Governor Rod Blagojevich is likely to face impeachment, and the shoes that shook the Arab world.
By Warren Olney • • 1h 0m ListenBarack Obama wants big federal spending to rebuild infrastructure, promote green technology and create or save 2.5 million jobs. We look at the benefits and the risks of what he calls a "jolt" to the flagging economy? Also, Illinois Governor Rod Blagojevich is likely to face impeachment, and the Iraqi journalist who threw his shoes at President Bush is an instant hero in much of the Arab world.
Banner image: Construction of the new Oakland Bay Bridge
In this episode
3 storiesGovernor Blagojevich Likely to Face Impeachment
The Illinois legislature will convene tomorrow to deal with Governor Rod Blagojevich , who faces criminal charges for putting Barack Obama's vacant Senate seat up for sale. The President-elect, Senator Durbin and the state constitutional officers all have called for his resignation.
Read the story6 minWill Federal Money Mean Economic Recovery?
Barack Obama wants to "hit the ground running" with massive spending to "jolt" the sagging economy and create or save 2.5 million jobs, with a federal spending program comparable to Roosevelt's New Deal and Eisenhower's Interstate highway system, created during the 1950's.
Read the story35 minThe Shoe Thrown Round the World
George W. Bush made his final visit to Iraq yesterday, contending that the US occupation has benefited that country.
Read the story7 min
