Marketplace Morning Report for Monday, December 9, 2013

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Episode Description 
Over the last four days, China's commercial capital Shanghai has been smothered by its worst air pollution on record.  Buildings were invisible from the waist up, flights were canceled, and city vehicles have been ordered off the roads as people stay indoors, hunkered down around their particle filters. And, today Marketplace's Wealth and Poverty Desk launches a series called A Lot to Give. It's about high-wealth philanthropy, which is sometimes defined as people who give a million dollars or more. It turns out there are some 80,000 private charitable foundations operating in the U.S. today. And you don't have to be crazy rich to launch one.
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Charitable foundations aren't just for the über-rich

There are some 80,000 private charitable foundations operating in the U.S. today, and you don't have to be crazy rich to launch a one.
Posted In: Charitable giving, charitable deduction, philanthropy
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A proposal to limit government spying written by tech companies

Eight large tech companies sent a letter to the Obama administration requesting the government put new limits on its surveillance practices.
Posted In: surveillance, NSA leaks
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PODCAST: Supreme Court will weigh in if EPA can enforce air quality standards

Some governors asked the EPA to rein in polluting states, and EPA is asking the Supreme Court for permission. Think of the U.S. Congress as a procrastinating undergrad, prone to sleeping in. Lawmakers don’t hesitate to hit the “snooze button.” And, the black bear population has grown so large in the state that it ended a hunting ban a few years ago.
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NASA will go to Mars, but not before 'putting a baggie' on an asteroid

Before NASA goes to Mars, it will first return to the Moon and capture an asteroid.
Posted In: NASA, space exploration, mars, moon
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When air pollution crosses state lines, which state has to do the cleanup?

Some governors asked the EPA to rein in polluting states, and EPA is asking the Supreme Court for permission.
Posted In: EPA, Supreme Court, Northeast, midwest, air pollution
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Swiss banks must decide whether to hand over client information to U.S.

Today is the deadline for Switzerland's private banks to decide whether to cooperate with U.S. demands to combat tax evasion by handing over client information -- a move that would finally end the long tradition of banking secrecy.
Posted In: Swiss, Switzerland, Banks, Tax evasion
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What do tanking gold prices say about the economy?

Gold investors are abandoning ship, as the economy continues to improve slowly.
Posted In: gold, commodities
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As budget deadline approaches, a temptation to hit snooze

Think of the U.S. Congress as a procrastinating undergrad, prone to sleeping in. Lawmakers don’t hesitate to hit the “snooze button.”
Posted In: Congress
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Going bearserk in Jersey

The black bear population has grown so large in the state that it ended a hunting ban a few years ago.
Posted In: bears, hunting, new jersey
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Shanghai shut down by toxic cloud

As some American kids get a snow day, some Chinese students are getting a pollution day today.
Posted In: China, China's Environment, Shanghai, air pollution

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