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Marketplace for Wednesday, July 16, 2008

Episode Description 

Leadership PACs key to political funding

Most political candidates now fund their campaigns through what are called "leadership political action committees." In the first part of a special series, Steve Henn explains how those PACs work in the presidential election.

We need to build new safety nets

Commentator Robert Reich says "The Great Moderation" of the last two decades led Americans to think we didn't need much by way of social insurance. But now, he says, a radical economic swing is back and we should react to it.

Nigeria a valued but risky oil source

In his continuing series of interviews on oil prices, host Kai Ryssdal talks with Fareed Mohamedi of PFC Energy about how Nigeria's production of about 2 million barrels of crude a day affects what we pay at the gas pump.
Posted In: Oil

Dems' new ally in Congress: GOP

Republican lawmakers have helped override a presidential veto on Medicare, and they've called for more time to consider the Treasury Department's plan to help Fannie Mae and Freddie Mac. Nancy Marshall Genzer reports on the GOP rebelliousness.

Wall Street not big on short-selling rule

The SEC decision to crack down on an especially risky variety of short-selling -- naked shorting -- has prompted a big debate on Wall Street about how much shorting, naked or otherwise, ought to be allowed. Alisa Roth reports.
Posted In: Wall Street

Fed dilemma: Raise or lower rates?

Today's report that inflation at the consumer level shot up more than 1% last month, due mostly to skyrocketing energy prices, puts the Federal Reserve in a tough spot. Jeff Tyler explains.
Posted In: Economy

Programming for hearts and minds

Showtime CEO Matt Blank talks about the network's chances in the new television landscape and life as part of the broadcast giant CBS.