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Marketplace for Wednesday, July 11, 2012
Jul 11, 2012

Marketplace for Wednesday, July 11, 2012

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House Republicans are set to repeal Obama's Affordable Care Act tomorrow -- but why waste the time and money over the inevitable roadblock? New York bureau chief Heidi Moore says Americans shouldn't turn away too fast from Britain's ugly LIBOR scandal. Reporter Mitchell Hartman does some fact-checking on the economic plans of the presidential candidates. China bureau chief Rob Schmitz continues his new series on the Street of Eternal Happiness, introducing us to a flower shop owner there. And how much time do we waste watching cat videos on YouTube?

Segments From this episode

The Street of Eternal Happiness: The Migrant

Jul 11, 2012
Meet Zhao Silin: Migrant, factory worker, mother, and owner of a tiny flower shop on Changle Road in Shanghai, otherwise known as The Street of Eternal Happiness.

Letter: 'Zales does not sell cubic zirconia products'

Jul 11, 2012
A listener makes a correction to one of our previous stories.

Can big fraud settlements curb corporate misdeeds?

Jul 11, 2012
Commentator Robert Reich says top officials need to feel the heat in order to change corporate behavior.

U.S. Army cuts NASCAR ties

Jul 11, 2012
Congressional critics say the recruiting money used to sponsor sporting events like Stewart-Haas Racing could be spent more effectively.

What is the cost of a House vote?

Jul 11, 2012
Congress votes on repealing Obamacare for the 33rd time. Are symbolic votes worth the cost to taxpayers?

Would an income tax hike hurt hiring?

Jul 11, 2012
Fewer than a million small-business owners would likely face higher taxes. And some would keep hiring anyway.

What's up, Europe? Protesters in Madrid

Jul 11, 2012
In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.

Cat videos find a place of homage: A film festival

Jul 11, 2012
Cat videos are much more than LOL clips that cubicle dwellers email to each other. In going viral, they're eating up companies' bandwidth.
The infamous "Charlie Schmidt's Keyboard Cat!" video on YouTube.
chuckieart / YouTube

LIBOR scandal spreads to U.S. cities

Jul 11, 2012
Ripples from the LIBOR scandal have spread to U.S. cities. Some are suing to recoup overpayment due to alleged interest rate manipulation.

House Republicans are set to repeal Obama’s Affordable Care Act tomorrow — but why waste the time and money over the inevitable roadblock? New York bureau chief Heidi Moore says Americans shouldn’t turn away too fast from Britain’s ugly LIBOR scandal. Reporter Mitchell Hartman does some fact-checking on the economic plans of the presidential candidates. China bureau chief Rob Schmitz continues his new series on the Street of Eternal Happiness, introducing us to a flower shop owner there. And how much time do we waste watching cat videos on YouTube?

Music from the episode

The Coathanger Squarepusher
Let's Call It Off - Single Version Peter Bjorn and John
It's Five O'Clock Somewhere Country Karaoke Cow Boys
It's Five O'Clock Somewhere Country Karaoke Cow Boys