This program is 29 minutes long
(Studio: Bianna Golodryga) President Bush's administration's plans to save Citigroup, the world's financial supermarket, previewed; details given about what the government will do in exchange for ownership in Citigroup and other options for the bank. ["BusinessWeek" Robin FARZAD- says Citi is bigger than Lehman brothers.] Citibank newspaper ads shown.
(Washington: John Hendren) The unveiling of Obama's rescue plan for the economy with Tim Geithner expected to be named Treasury secretary and Lawrence Summers heading the National Economic Council featured; details given about this "new" New Deal. [OBAMA, on "This Week," aide David AXELROD- talk about his big plan.] [On "Face the Nation," Obama senior economic adviser Austan GOOLSBEE; Senator Charles SCHUMER - state it will be a big number.] [Presidential historian Robert DALLEK- says it sounds like FDR's inaugural speech.] ["The Return of Depression Economics" Paul KRUGMAN- compares The Depression and now.]
(Studio: Dan Harris) ABC coverage of Obama's news conference tomorrow announced.
(Mays Landing, New Jersey: Gigi Stone) The jobs losses and unemployment benefits examined; scenes shown of a New Jersey family with six kids; details given about what those laid off should do. [Unemployed carpenter Michael SCHUMACKER- worries.] [Battalia WInston CEO Dale WINSTON- talks about unprecedented layoffs.]
(Lima, Peru: Yunji de Nies) The final global summit for President Bush to try to stem the global economic crisis featured; scenes shown from Lima, Peru, of the leaders wearing ponchos and of Bush with China's Hu Juntao and Russia's President Dmitri Medvedev; details given about the APEC's final declaration about tariffs and Bush's hopes for a new trade deal. [BUSH - says we should refuse to accept protectionism.] [Center for Strategic and International Studies Grant ALDONAS- says Bush has limited what President-elect Barack Obama can do.] [In Lima, Canadian Prime Minister Stephen HARPER- wishes Bush well in retirement.]
(Washington: Rachel Martin) The bold plans from Korean-American Michelle Rhee to fix the school system in Washington, DC, examined; scenes shown of Rhee at a geography competition; details given about her background and her plans for job tenure that led to a labor dispute. [President-elect Barack OBAMA - praises the superintendent.] [Center on Policy Education president/CEO Jack JENNINGS- comments on Rhee; notes it is time to try something different.] [Chancellor RHEE - says tenure has no educational value.] [United Federation of Teachers president Randi WEINGARTEN- says fear does not turn around schools.]
(Brandenberg, Kentucky: Jim Avila) The surge in hate crimes via the Internet connections bringing loners together featured; scenes shown from a National Geographic Channel special on the Ku Klux Klan; details given about the lawsuit brought by the Southern Poverty Law Center against KKK leaders inciting hate speech. [Imperial Wizard of the Imperial Klans of America Ron EDWARDS- questions white people voting for Obama.] [KKK member Jarred HENSLEY- calls Obama a half-breed.] [Southern Poverty Law Center Morris DEES- talks about the KKK, Internet connections, First Amendment rights and the lawsuit against Edwards.] [Hate crime victim Native American Jordan GRUVER- says he was called an illegal immigrant.]
(Studio: Dan Harris) Further coverage of the National Geographic Channel special on the KKK cited.