This American Life's reporting on the issues surrounding the bailout.
I felt that the reporting of the issues surrounding the bailout & economic crisis, was some of the best reporting I've heard in a long time, and the best reporting I've heard on the issue period! Thank you!
Taylor Jenkins
Nampa, ID
I really agree, this along with the program about what was going on with the housing market turmoil have been very enlightening and have really helped me make sense of what is actually going on. Lately I've been hearing something about how something called Naked short Selling has been linked to some of this mess and was really hoping that This American Life might help the American public understand this issue as well. Thanks for the great programming!
McCain wants to buy up all the default mortgages, about 300 billion were told. But its the slow thinking laboring class that are unable to pay their bills, and the intelligent middleclass thinks the poor are poor because their lazy.
McCain makes character assanation the highest priority in his campain, and in so doing turns off a large percentage of voters, makes an enemy out of billions of Moslems world-wide, and makes himself a hate-monger unfit to be President.
My thought is, the rich must want Obama to win big so that he can create lots of money-making projects for the rich. Lots of war materials for the Afgan war, lots of new roads and bridges, and dump lots of tax payer dollars into the medical industry and insurance industry.
For the job of a Republican President is to rob society and give to the rich, and then must come a Democratic President to expose nothing, hide everything and make transpariency impossible.
In talking issues about bailout and economic crisis, General Motors Company posted losses so heavy for the last quarter that they actually lost more money per minute than the average household income. The whole thing looks like a company on the brink, desperate for government funding to keep it afloat. Several divisions of the company have been jettisoned. One last bailout might not be enough to save General Motors.
In these tough economic times not all are fortunate and some would rather say that survival is in doubt, when it comes to financial stability families of different type find it hard to have the convenience and speed when it comes to money lending. As the recession began draws on fewer people are willing to lay down $20,000 or more on a vehicle that isn't a daily driver. The company has also been hurting because of the credit crisis, but after losing large sums on previous loans, the financial wing is still offering loans with much stricter requirements. Tom Bergman, Harley CFO defends the lending, citing that the company is trying to survive. They may need a payday loan in the meantime. However, as the economy shows signs of rebound, it isn't likely we will see an end to Harley Davidson.
This American Life has been my favorite radio program for many many years. I love Ira Glass. I think the Giant Pool of Money was a great achievement, at a time when we really needed it the most. I hope to be able to continue to enjoy the program, although I question that I'll be able to do that if Adam Davidson will be an on air contributor. I now regret tuning in to the Planet Money Podcast, which started from the success of "The Giant Pool of Money" episode on This American Life, because I've learned, from a podcast, that Mr. Davidson can not be respected or trusted to report news or information. I listened to his May 8th podcast on Planet Money, and it forever changed my opinion of him. It has also tainted my opinion of NPR for condoning his behavior.
The only value that the May 8th podcast of Planet Money, featuring Elizabeth Warren, has is to illuminate for the listeners the character and ethics of Mr. Davidson.
I can't trust him, because he distorted the truth in the past. He created a slanderous piece against Elizabeth Warren. He exhibited some characterological problems that I found troubling...whether it is his ego or gender bias or something worse at play I don't know. His complete lack of humility and contrition (in spite of the fact that the show generated around 1,000 postings on the NPR website) makes me believe that he would do it again if he was given the opportunity.
This American Life has done a great job in helping us to understand our current economic trials, but, unfortunately, I'll never be able to trust any broadcast in which Adam Davidson is a contributor. I hope that This American Life will minimize the contributions of Mr. Davidson in their broadcasts. I'd hate to walk away from This American Life too.
I look forward to This American Life each week, but I've been dreading the June 6th program. I'm not certain whether Mr. Davidson will be a part of it, but it will ruin the experience if he is. Also, I won't be able to trust any of the information provided in it, if he is a contributor, since I've heard him intentionally distort facts in the past.
10/06/2008 1:20:04 AM
