Friday, August 21, 2009

Patt Morrison for Mon 8/24


Monday, August 24, 2009

1-3 p.m.



1:00 – 1:30

Another Two Trillion in the Hole!

The numbers were already bleak, thanks to a prolonged recession and huge government spending meant to offset the economic damage from that recession.  Now new 10-year projections put the total federal deficit at $9 trillion, $2 trillion more than previously predicted—and this is before any new spending on President Obama’s proposed health care reform.  How long can the U.S. sustain huge deficits, and is there any hope of balancing the books in the near future?



David M. Walker, president and CEO of The Peter G. Peterson Foundation, a nonpartisan organization working to increase public awareness of fiscal challenges to America's future. He is former Comptroller General of the United States.



1:30 – 1:40




1:40 – 2:00

Red Target on the Redbox: Future of the DVD Business

For a simple, unassuming DVD kiosk, Redbox has drawn some pretty big enemies.  20th Century Fox, Warner Brothers and Universal have all taken steps to limit or delay the availability their DVD releases to Redbox, which charges customers just $1 to rent first-run movies from 17,000 kiosks scattered across the country.  Studios say the cheap rentals have hurt their DVD sales, while Redbox has sued the studios to turn back the restrictions.  Will this industry fight predict the future of the DVD business?


Guests TBD




2:00 – 3:00




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