Marketplace for Wednesday, January 20, 2010

Episode Description 
Marketplace for Wednesday, January 20, 2010

Obama's bank tax flunks on every count

President Obama wants to tax banks to ensure that TARP doesn't cost taxpayers money. Commentator David Frum explains why that's a bad idea.

Clearing the air on carbon credits

Mark Schapiro of the Center for Investigative Reporting talks with Kai Ryssdal about an article he wrote for Harper's Magazine, which discusses how we can measure a credit of carbon.

Climbing out of a life of poverty

Some 40 million Americans live in poverty, and the odds are 50-50 that if you're born into poverty, you'll die poor. Stephen Smith profiles two friends who are trying to break the cycle.
Posted In: Jobs

Military under fire for biblical gunsights

The military is scrambling to decide what to do about some of the gunsights it's been buying for the Army and Marines. References to biblical passages are inscribed on them. Mitchell Hartman reports.

FHA reforms aim to help in the long run

The Federal Housing Association says it will toughen up on the requirements for the residential loans it insures. Nancy Marshall Genzer reports.
Posted In: Housing

What's going on with the markets?

The markets have been down all day, and at one point the Dow Jones was down 189 points, making it one of the worst trading days of the year so far. What's happening? Alisa Roth reports.
Posted In: Wall Street

What Senate change means for reform

With Republican Scott Brown winning the Massachusetts senatorial seat, the Democrats' filibuster-proof Senate majority is gone. Tom Mann of the Brookings Institution talks with Kai Ryssdal about what happens to President Obama's agenda now.

Music from this show

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Shelter Two
The Evens
Levitation (Featuring Cyclops 4000)
runaways uk
It's All Around You
Tortoise
Cereza Rosa (Cherry Pink And Apple Blossom White)
Angel Melendez & The 911 Mambo Orchestra