This program is 29 minutes long
(Studio: Trish Regan) The government’s announcement of another bailout to encourage banks to lend to consumers examined; details given about the plan to make credit card, student and auto loans available and to buy mortgage debt from Fannie Mae and Freddie Mac; statistics on the GDP and home prices cited. [Treasury Secretary Henry PAULSON – says the Federal Reserve facility will enable institutions to step up their lending.] [Moody’s economist Mark ZANDI†- comments on rising unemployment and falling housing values.] [NYSE governor Steve GRASSO†- notes the importance of curing the housing market.] President-elect Barack Obama’s naming of Peter Orzsag†† as budget director noted. [OBAMA – speaks of his economic recovery plan.]
(Studio: Brian Williams) Stock Market Report.
(Studio: Brian Williams, Steve Liesman) The printing of more money and how many bailouts there might be discussed.
(Washington: Lisa Myers) President Bush’s “midnight hour” changes to regulations before he leaves office featured; details given of plans to relax environmental standards and new rules that reduce oversight and favor business; Bush’s last-minute changes and President Bill Clinton’s compared. [Actor/Natural Resources Defense Council Robert REDFORD - questions destroying some of the greatest places on earth for short-term benefits.] [George Mason University Mercatus Center Jerry BRITO- says at the end of his presidency he’s unaccountable.] [OMB Watch Matt MADIA- notes the rules could take years to reverse.]
(Bangkok, Thailand: Ian Williams) Violent anti-government demonstrations in Bangkok, Thailand, featured; scenes shown of protestors at the airport and firing on government supporters; details given about the campaign to topple the government. [Stranded air TRAVELER – reacts to his flight being cancelled due to the protest.]
(Studio: Nancy Snyderman) A National Cancer Institute report showing a drop in cancer rates and deaths examined; statistics on cancers that have declined and some that have risen cited; details given about the drop in cigarette smoking death rates in California. [American Cancer Society Dr. Len LICHTENFELD- says this is a starting point of a long journey.] Race as a factor in cancer rates noted. Why the rates are coming down discussed.
(Kursk, Russia: Jim Maceda) The surplus of food in Russia which could help ease the global food crisis except for the government’s control of resources featured; details given about the modernization of former collective farms by Black Earth Farming. [Black Earth Farming Andrei ZIYARNY, Marina ROMANOVA, Renaissance Capital Moscow Natasha ZAGVOZDINA- comment on Russia’s potential to help the world.] [Earth Policy Institute Lester BROWN- comments on Russia’s interest in controlling key resources to achieve foreign policy goals.] [Eurasia Group, London Tanya COSTELLO- notes the negative impact from keeping grain off the market.]
(Sauk City, Wisconsin: Jeff Rossen) The lifting of the generations-old taboo on money talk due to the stress of the economic crisis featured. [New Jersey residents Ann and Gary REITZ- comment on not being able to afford their house; say it makes it easier to talk about it.] [“Zero Debt” author Lynnette KHALFANI-COX- says by talking about it we get to the solutions faster.] [Wisconsin residents Annie and Ben WYNN- comment on sharing their situation with friends.]