01/28/09
Marketplace for Wednesday, Jan. 28, 2009
Episode Description:
Marketplace for Wednesday, Jan. 28, 2009
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2
Ban lobbying from bailed-out firms
The Obama administration is looking for ways to change the financial rules that got us into this mess. But many of Wall Street's financial giants continue to finance Washington lobbyists. Commentator Robert Reich says the influence of those lobbyists needs to be squelched.
4
'Buy American' clause creates conflict
A "Buy American" clause in President Obama's economic stimulus proposal would require infrastructure projects to use U.S. raw materials, like steel. The clause has created a gap between free-market supporters and manufacturers looking to protect domestic industry. John Dimsdale reports.
1
One person's pork is another's steak
The House has approved President Obama's stimulus package. But the package is drawing complaints that it includes too many pork-barrel projects. But what's pork these days? Janet Babin reports.
15
Miami's homeless inhabit vacant homes
As many bank-owned homes in Miami stand vacant, activists are encouraging homeless people to move in as squatters. And no one's complaining. Dan Grech reports.
0
D.C. newsletters rise as newspapers fall
The nation's newspapers are struggling. Many have closed their Washington bureaus to cut costs. But D.C. journalism is alive and well -- in the form of newsletters. Tamara Keith reports.
1
Fed digs into toolbox for more solutions
The Federal Reserve says the economy has gotten worse since December. With interest rates already hovering around zero, what more can it do to get money moving again? Jeremy Hobson reports.
0
'Bad bank' idea gaining steam
The idea of setting up a bad bank to soak up toxic assets is gaining traction. If it works, it could help usher in more lending from banks. But there's a lot standing in its way. Ashley Milne-Tyte reports.
0
EU pushes for global climate change
The European Union is proposing to pay poor countries to get them to sign a climate change pact that will reduce carbon dioxide emissions. Will the money be enough of an incentive? Sam Eaton reports.
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