Tuesday, July 24, 2012

Patt Morrison for Wednesday, July 25, 2012


Wednesday, July 25, 2012

1-3 p.m.




1:06 – 1:20 OPEN

1:21 – 1:39
Largest antitrust settlement in U.S. history is bad for banks, but may be good for economy

For years, Visa, Mastercard, and other card-issuing banks have been charging fees to merchants for access to their payment networks. Attorneys representing more than 7 million retailers, however, have argued that there has been no reasonable competition to keep the credit card swipe fees in check and were about to go to trial over the practice in September, until last week when banks finally settled. In addition to paying out $6 billion in damages, the banks will also reduce fees and even stop prohibiting retailers from imposing credit card surcharges to customers. Some economists predict the settlement will help smaller businesses, but no one knows yet exactly how this settlement will impact consumers and the general economy in the long run. One development that is clear about the settlement is that it marks a sizable loss for credit card companies in terms of profits and market control. Have credit card companies become too influential? How worried are you that retailers will pass the cost of using credit cards onto the individual consumer?

Guest: TBD


1:41:30 – 1:58:30
‘Marilyn and Me’ showcases Lawrence Schiller’s photographs of Marilyn Monroe
Lawrence Schiller’s resume reads like few others. He has directed, produced and written for television and movies; he has worked for Life magazine, Time, Newsweek and The Saturday Evening Post and he collaborated with the iconic writer Norman Mailer. Although Schiller worked for years as a photojournalist, he didn’t begin to exhibition his own photographs until 2007. The seeds of his newest book, “Marilyn & Me” were sown when Schiller was hired to take pictures of the legendary actress Marilyn Monroe when he was 23 years old. He ended up shooting Marilyn several times near the end of her career, on movies sets and even after her untimely death at the age of 36 in 1962. “Marilyn and Me” includes Schiller’s photographs and personal recollections of the troubled superstar. Why does the legend of Marilyn Monroe still resonate fifty years after her death? How do photographers capture the essence of people in a still framed photograph?


Lawrence Schiller, film producer, director, screenwriter and photographer; author of “Marilyn & Me, A Photographer's Memories” (Nan A. Talese 2012)



2:06 – 2:39
Ride along with Metro CEO Art Leahy

Metro chief Art Leahy joins Patt for another installment of our segment looking at transportation issues across the southland. (Blurb to be updated tomorrow.)



Arthur Leahy, chief executive officer, Los Angeles Metropolitan Transportation Authority



2:41:30 – 2:58:30
After LA City Council votes to ban medical marijuana dispensaries, is marijuana still “Too high to fail”?

Yesterday the LA City Council voted 13-1 to ban medical marijuana dispensaries in the city. Because the vote wasn’t unanimous, it was scheduled to come back next week for a 2nd vote until the lone dissenting councilman flipped his vote, negating need for a 2nd vote. That means the ban now goes into effect in Los Angeles in about 45 days. Patt hears from several voices on the issue including Doug Fine, who spent a year researching cannabis and what the lucrative plant business might mean for the U.S. For his research, he examined the green marijuana belt of Humboldt county, where the economics of medical pot turn things on their heads; where pot growers voluntarily pay taxes that haven’t been levied. He joins Patt to talk about his year of research and his solution of taxing cannabis like alcohol. Do you agree?



Doug Fine, author of Too High To Fail: Cannabis and the New Green Economic Revolution



TBD, other guests









Lauren Osen

Southern California Public Radio - 89.3 KPCC

626-583-5173 / 626-483-5278

losen@scpr.org @Patt_Morrison


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