Patt Morrison Weds, 11/19

PATT MORRISON SCHEDULE

Wednesday, November 19, 2008

1-3 p.m.

 

 

1:08 – 1:35

Paulson and the Big 3 Face the Heat

While the big three automakers pleaded with the Senate Banking Committee for a financial bailout yesterday, Treasury Secretary Henry Paulson faced frustrated members of the House Financial Services Committee as he tried to explain his recent shifts in bailout strategy.  He defended his decision to abandon the plan to buy "toxic" assets that have clogged bank balance sheets and not to ask Congress for the second half of the $700 billion right now, saying "There is no playbook for responding to turmoil we have never faced." The automakers are making their case to the House today [Weds] in an attempt to get a piece of that same pie. We hear from a Treasury spokeswoman and get reaction to the hearings from two California congressmen who sit on the House Financial Services Committee.  

 

Guests:

Jennifer Zuccarelli: Spokeswoman for the U.S. Treasury Department

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Congressman Brad Sherman, Democrat from the San Fernando Valley's 27th congressional district.  He is a member of the House Financial Services Committee.

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NOT CONFIMRED

Congressman John Campbell: Republican Congressman from Orange County. He is a member of the House Financial Services Committee.

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1:43 – 1:53

Arnold Goes Green

Starting yesterday [Tues], Gov. Schwarzenegger convened a two-day Global Climate Summit of 700 scientists, environmentalists, and government and industry officials from around the world. The Governor hopes the meeting will create an alliance of states, provinces, and regional government to influence the U.N. to ratify a new global climate treaty. The talks sound nice, but can they deliver? And how much influence can a Governor wield with the heads of foreign countries?

 

Guests:

TBD

 

 

 

2:00 – 3:00

Hot, Flat, and Crowded: Why We Need a Green Revolution

The green revolution is coming and it will be like no revolution the world has seen. Or so Thomas Friedman tells his reader in “Hot, Flat, and Crowded: Why We Need a Green Revolution.” Freidman says the United States should take the lead in developing energy technology, turning it into the biggest innovation project in American history.  Not only will it produce cleaner air, but it will inspire a modern renaissance, summoning intelligence, creativity, boldness, and concern for the common good from the American people. It will also transform what we put in our car and what we see on our electric bills, and provide Americans more national security, more economic security, more economic growth and a healthier population. Sound too good to be true?  Not according to Thomas Friedman. 

 

Guest:

Thomas Freidman, three-time Pulitzer Prize winning author and journalist. He is the foreign affairs columnist for the New York Times.  His most recent book was the "The World is Flat."

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