PATT MORRISON SCHEDULE
Tuesday, August 3, 2010
1-3 p.m.
CALL-IN @ 866-893-5722, 866-893-KPCC; OR JOIN THE CONVERSATION ONLINE ON THE PATT MORRISON BLOG AT KPCC-DOT-ORG
1:06 – 1:19
OPEN
1:30 - 1:58:30
Looking ahead to a new consumer protection bureau and a world where company profits DON’T = more jobs
Despite last week’s second-quarter reports, showing corporate profits are up and big business has recovered almost 90% of what it lost in the recession, one would expect American corporations to create more jobs. But they aren’t. Economist Robert Reich says it’s for three reasons: companies are moving production overseas; they’re investing in labor-saving technologies; and they’re spending their impressive profits to buy back their stock from American taxpayers, all the while pushing up share prices. Bottom line: maybe we’re in an era where higher corporate profits don’t correlate with higher employment. A lack of new jobs means a lack of consumer confidence and all this sets the backdrop for the Obama administration’s very public debate over who should lead the new Consumer Financial Protection Bureau (CFPB), charged with writing and enforcing consumer-protection rules on products ranging from mortgages to credit cards. Liberal Democrats are pushing for Harvard Law professor Elizabeth Warren, who opponents see as too activist-y, while Republicans want someone they see as more neutral, like FDIC Chairman Sheila Bair. What can the CFPB do to bolster consumer confidence if higher profits no longer mean higher employment? And how much will that be determined by who leads it?
Guests:
Robert Reich, Chancellor's Professor of Public Policy at the
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TBD: Representative from the
2:06 – 2:30
Make less, pay more? Why do residents in
It makes perfect sense--residents of working class cities with median household incomes below $50,000 should pay their elected officials six figure salaries and shell out more in property taxes. Take the city of
Guests:
TBD
2:30 – 2:39
OPEN
2:41 – 2:58:30
Dark days revisited—Grim Sleeper case brings back bad memories of
The arrest of the Grim Sleeper, the serial killer who prayed on prostitutes in South L.A. for most of the 1980’s, brought back bad memories for a part of
Guests:
Andrew Blankstein, reporter for the Los Angeles Times
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Jonathan Serviss
Producer, Patt Morrison Program
NPR Affiliate for
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626.583.5171, office
415.497.2131, mobile
jserviss@kpcc.org / jserviss@scpr.org
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