Bailout or Investment?
Saying that the entire economy is in danger, President Bush told the nation that the failure to act now might lead to a panic.
The pressure is on as Democrats and Republicans struggle to rescue Wall Street and reassure taxpayers at the same time. This afternoon, Congressional negotiators gave no details, but announced they’ve worked out a compromise.
"To the Point" looks at what the latest polls show about public opinion. What’s the difference between a "bailout" and an "investment?" With just five weeks left until election day, should John McCain and Barack Obama debate as scheduled tomorrow night?
Guests:
– Dana Milbank: National Political Reporter, "Washington Post"
– Norman Ornstein: Congressional Scholar, American Enterprise Institute
– Michael Crowley: Senior Editor, "The New Republic"
– ared Bernstein: Senior Economist, Economic Policy Institute
– Raghuram Rajan: former Chief Economist, International Monetary Fund
Hosted by award-winning journalist Warren Olney, "To the Point" presents informative and thought-provoking discussion of major news stories — front-page issues that attract a savvy and serious news audience.