PATT MORRISON SCHEDULE
Monday, April 27, 2009
CALL-IN @ 866-893-5722, 866-893-KPCC; OR JOIN THE CONVERSATION ONLINE ON THE PATT MORRISON BLOG AT KPCC-DOT-ORG
PATT MORRISON IS LIVE AT THE
MILKEN INSTITUTE GLOBAL CONFERENCE
@ THE BEVERLY HILTON
1:06 – 1:19
Green Shoots Are Sprouting—in the Ground, and Coming Soon to Your Wallet?
The country's been preoccupied with and talking "economy" for quite the extended news cycle and it's beginning to wear—mixed metaphors of growth and "green shoots" and the economy rising out of its slump only to be scared back down by its own proverbial shadow. We sit down with Steve Forbes for a definitive answer: just what are the first signs of an economic Spring?
Steve Forbes, editor-in-chief of Forbes business magazine; president and CEO of Forbes Inc.
1:21 – 1:39
Banks in Crisis: Too Big to Fail…or Deserving to go Down in Flames?
The biggest component of the flagging U.S. economy has been the collapse or near-failure of several large banks and financial institutions—and of course the most significant result of these bank failures, aside from the recession itself, is the roughly $7 trillion in taxpayer bailout money (in the form of TARP and Federal Reserve loans) that’s been used to prop up the flagging companies. The argument for the bailouts used by successive White House Administrations and hundreds of economists is that these banks are simply too big to allow to fail. But what if a Wachovia, or a Bear Stearns, or an AIG, or a General Motors, was allowed to completely collapse—would the American economy survive?
Robert Litan, banking scholar at the Brookings Institute; vice president of research & policy at the Ewing Marion Kauffman Foundation
1:41 – 1:58:30
Win Forever…at USC
That's the title of Pete Carroll's upcoming book, and rightly so: the USC head football coach has the best winning percentage of any current Division I coach with at least 5 years experience. Patt sits down with the legendary coach to talk about his new quarterback, about new NCAA rules that limit coaches' ability to recruit high school athletes and about the prospect of an NFL team coming to LA. Go Trojans!
Pete Carroll: USC Head Football Coach
2:06 – 2:19
NAACP at 100: Not Just a Civil Rights Organization Anymore
It’s symbolically appropriate that the youngest president in the history of the National Association for the Advancement of Colored People is the person who will be leading the group into the 21st Century. As the NAACP turned 100 in February its president Benjamin Jealous was charting a new course for the world’s premiere civil rights organization with a future that has expanded well beyond championing the rights of just African Americans. As the NAACP tackles issues of broader ethnic and economic equality, Mr. Jealous comes to KPCC to talk about the new role of his group and of course the election of the first African American to the American presidency.
Benjamin Jealous, president & CEO of the NAACP
2:30 – 2:39
2:41 – 2:58:30
The 12 Trillion Pound Gorilla in America’s Room
A grim, necessary evil of the splurge of spending by the Federal Government over the past year of this recession is the huge, gaping federal debt projected to be at least $12 trillion by 2010. As money flies out of the Federal Reserve for TARP, economic stimulus, more bailouts of banks and financial institutions our country’s obligations to foreign debt holders increases exponentially. The ultimate question is whether our short term pain will provide the long-term benefit of economic stability—not to mention the future obligations the country has to social security and Medicare payouts. Can we survive the mountain of debt? Patt talks with the one man who might have that answer.
Douglas Elmendorf, director of the Congressional Budget Office
Producer, Patt Morrison Program
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