as the quarter-finalists compete to be the next Progressive Talk Radio Star. They’re live from 9:00 – 11:00 AM Eastern this morning. Click here to listen.
Former Senator Tom Daschle hosts former FEMA director James Lee Witt in the first in a series of Conversations with Daschle. Tonight’s topic is Disaster Recovery in the Wake of Katrina. Watch it live at 7:00 pm ET. Click here to submit a question.
Gene Sperling and Thomas Friedman talk globalization today at the Center for American Progress. Watch it live at 2:00 pm ET.
“A moral cesspool.” That’s what Arthur Caplan, director of the Center for Bioethics at the University of Pennsylvania had to say about the results of an investigation by the Seattle Times. The Times found certain Wall Street investment firms are paying doctors to brief elite investors on the results of confidential and proprietary drug studies before they released those results to the general public. These investors (and their firms) act on this confidential information, taking advantage of the resulting stock moves once the information becomes public. More »
Yesterday, the Bush administration announced that the Treasury would bring back the 30 year bond. This is great news for investors: 30-year bonds are safe long term way to store savings. Unfortunately for the government, though, these bonds signal an acceptance of significant budget deficits over the medium and long term.
And while the administration applies for a new credit card, Congress has approved another bloated transportation bill full of pork barrel projects. As we, and Alan Greenspan, have pointed out before, the budgetary path this administration has led us down is dangerous. President Bush’s policies have ensured we will be spending plenty of tax dollars on interest payments for many years to come.