Which Way, L.A.?
Will the Stimulus Spigot Be Turned On Soon?
Eighty billion in federal dollars are coming to California. When does the money start flowing? Who decides where and how it’s going to be spent? Also, the Obama Justice Department and medical marijuana. On our rebroadcast of today’s To the Point, the Bush Administration may have blundered with its original Wall Street bailout, but Republicans are eager to redirect the finger of blame.
Today’s new plan to rescue the banking system may not rescue Timothy Geithner, who’s taken the heat for public payoffs to failing private firms. On our rebroadcast of today’s To the Point, how long can his biggest supporter, Barack Obama, keep the Treasury Secretary on the job? Also, the federal stimulus package means tax relief, healthcare, education and infrastructure. Who’s in charge of deciding which projects get the go-ahead in California? When will the money start flowing? Plus, a federal judge postpones sentencing in a landmark medical marijuana case.
In this episode
3 storiesTreasury Secretary Tim Geithner and Bailout Backlash
The Bush Administration may have blundered with its original Wall Street bailout, but Republicans are eager to redirect the finger of blame. Florida Congressman Connie Mack has called for Treasury Secretary Tim Geithner to resign . Liberal commentator Megan Dowd wants him to go . The President says he wouldn't let him resign .
Read the story1 minSentencing of Medical Marijuana Dispenser Postponed
Medical marijuana was approved by the voters of California, but the Bush Administration prosecuted dealers under federal laws. The Obama Justice Department is taking a different view. What will that mean for the case of Charles Lynch , who was convicted in federal court but has not yet been sentenced?
Read the story1 minWill the Stimulus Spigot Be Turned On Soon?
California's share of the federal stimulus package is $80 billion, $30 of which goes to tax relief. As to the rest, the Obama Administration says, “don't waste it.” When will we see it? Who will decide how to spend it?
Read the story1 min