This program is 29 minutes long
(Studio: Betsy Stark) The government's shift in the use of the economic rescue plan adopted by Congress that was designed to buy up bad mortgage loans via the Troubled Asset Relief Program examined; details given about what Treasury Secretary Henry Paulson said then and now. [PAULSON - says our system is more stable; comments on changing the strategy.] [UBS Financial Services Art CASHIN- says TARP never got off the ground.] [Representative Barney FRANK - says more needs to be done to benefit the taxpayer.] Next week's hearings on the TARP program money for banks noted.
(New York: David Muir) The halt of consumer spending examined; statistics on Macy's, JC Penney and Dillards cited; details given about a corporate letter to Congress about rules requiring company pension contributions. [NPD Group analyst Marshal COHEN- notes a revolutionary-type change in consumers; predicts a drop in consumer spending in 2009.] [Goldman Sachs analyst Adrianne SHAPIRA- comments.] [New Jersey SHOPPER - asks for practical Christmas gifts.]
(New York: Ned Potter) The Supreme Court ruling siding with the Navy over its use of sonar off the California coast despite concerns about injuring the whales examined; opinion from Chief Justice John Roberts about the public interest quoted; details given about the opposition to the use of sonar from environmental groups. [Navy V/Adm. Samuel LOCKLEAR- says it is an issue of national security.] [MAN - comments on the decision.]
(China: Stephanie Sy) The resilience of life in the quake zone in China featured; scenes shown from Sichuan province of the rubble of collapsed schools, the young survivors with prosthetics, primitive housing for the homeless, women harvesting bricks and some reopened shops.
(Boston: New York: Gigi Stone) How Americans are cutting corners in their medical care featured; details given about insurance, co-payments and costs. [Ovarian cancer patient Bette CORBETT- comments on her bills.] [Georgetown University health care researcher professor Jean MITCHELL- says patients are paying an increasing share of services.] [Diabetic Georgianna EACMAN- worries about her medication.]
(New York: Dan Harris) The divisive cultural issue of gay marriage featured; scenes shown from New York City of protests against California's Proposition 8 targeting the Mormon Church. [Sirius/OutQ radio host Michelangelo SIGNORILE- criticizes Mormon bigotry.] [Church of Jesus Christ of Latter Day Saints Michael OTTERSON- says the issue is where is marriage going today.]
(Chevy Chase, Maryland: Elisabeth Leamy) Special disinfecting shopping carts washes at some grocery stores featured; details given about the testing on carts done by the University of Arizona for bacteria and a CDC report on salmonella risk factors on carts; scenes shown of a mini-cart wash that sprays a germ-killing solution. [Two SHOPPERS, Christy MILLER- comment.] [Microbiologist professor Chuck GERBA- blames the kids' sanitary habits.] [Vanderbilt University preventive medicine Dr. William SCHAFFNER- comments on cart infection.] [Chevy Chase supermarket co-owner Kevin KIRSCH- wants a clean store.]