Patt Morrison Mon, April 20

PATT MORRISON SCHEDULE

Monday, April 20, 2009

1-3 p.m.

 

1:00 – 1:30

OPEN

 

 

1:30 – 2:00

Foreclosures, Bank Failures, Global Downturn - YIKES!

The mortgage meltdown, economic recession, worldwide globalization and trade, economic change… this is international business and economics correspondent Adam Davidson's beat as he travels around the world for NPR.  His collaborative series with Alex Blumberg of "This American Life" on the economic crisis - "Giant Pool of Money" - received a 2008 Peabody Award.  Davidson's explanations of the complicated web of circumstances behind the economic crisis might just help us understand this roller-coaster ride we're all on. 

 

Guests:

Adam Davidson, international business and economics correspondent for National Public Radio.  His collaborative series with Alex Blumberg of "This American Life" on the economic crisis - "Giant Pool of Money" - received a 2008 Peabody Award.

IN STUDIO

 

 

[NPR NEWS]

 

2:00 – 2:30

President Obama Wants to Raise MY taxes!?!

During the debates, then-candidate Barack Obama promised taxes wouldn't go up "one dime" for people earning less than $250,000. But what about people earning $250,000? Obviously, they're not poor. But what about a family of five, with a mortgage, car payments, college bills, a sick parent in a nursing home, and general medical bills? $250,000 doesn't go as far as it once did and some large families say, well, they're not going hungry, but they are feeling the pinch. They're also angered at getting lumped in with multi-millionaires. So what does it mean to be rich these days? Where is the middle class cut off?

 

Guests:

Ken Macias [ma - "C" - us], Statewide Chairman of the Hispanic Chambers of Commerce and an accountant

Call him @

• Was an active Obama supporter, but was not a supporter of a $250,000 of the threshold.... because that qualified someone as rich. Not sure where the threshold should go, but more like $500,000
• Will be hit with the Obama tax increase personally... but did some personal business transactions to minimize it

 

Lois A. Vitt, founding director of the Institute for Socio-Financial Studies, in Charlottesville, VA

Call her  @

• Some of it's psychological. Some of it is actual. If you have an income of $250,000 and you are educating college kids in good schools and you have a house that was affordable, and you're paying for that. You're having proportionately the same difficulties.

 

 

2:30 – 3:00

OPEN