01/30/08
Marketplace for Wednesday, Jan. 30
Episode Description:
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Georgia left to dry
Facing record drought, Georgia's environmental officials are limiting most outdoor uses of water, including filling swimming pools. Atlanta reporter Lateef Mungin talks with Kai Ryssdal about how Georgia's businesses are taking the news.
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The Fed strives for balancing act
With GDP numbers at 0.6% annual growth, the Fed must carefully balance slow growth with inflation to avoid stagflation. Bob Moon talks to economist Joel Naroff about what the Fed is up against.
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Campaigns scavenge for donors
With John Edwards and Rudy Guiliani dropping out of the presidential race, the remaining campaigns scramble to woo newly unaffiliated donors. Jeremy Hobson reports.
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Slow the land rush to fire zones
Allstate Insurance says quarterly profits dropped 37%, mostly due to the California wildfires. Commentator and former National Park Service Director Roger Kennedy says unless governments and taxpayers change their ways, we'll be hearing the same story year after year.
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Engineering solutions to climate change
If we can't stop global warming, can we adapt to it? Some ideas seem far out -- like generating a giant cloud or launching a huge umbrella to block the rays of the sun. Nate DiMeo reports the proposals are risky to try, but not trying may be risky as well.
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McCain's economic plan: Look long-term
Each of the presidential candidates is trying to convince voters he or she will be the best choice to deal with difficult economic times. To find out how Sen. John McCain might perform, Kai Ryssdal talked with his senior economic adviser Douglas Holtz-Eakin.
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LIBOR introduces interest rate floor
Investors seek London Inter Bank Offering Rate floor to guarantee interest payment no matter how much the Federal Reserve cuts rates. Ashley Milne-Tyte reports on how this helps investors and undermines the Fed.
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