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PODCAST: Crowdfunding the police

Security officer Steven Long (L) with VMA Security Group stops to meet with a resident as he patrols the Sequoyah Hills neighborhood on October 7, 2013 in Oakland, California. As crime continues to rise in Oakland and an understaffed police department struggles to meet the needs of the city's residents, neighborhoods are beginning to band together to hire private security firms to patrol their streets. 

The International Monetary Fund is warning today that the global economy will face a shock if the United States doesn't sort out an impending mess as the government reaches the limit on borrowing.  The debt ceiling is the talk of Wall Street, but it isn't leading to much movement in share prices today.

With increasingly high numbers of robberies and a strapped-for-cash police force, some residents in Oakland, Calif. are taking safety matters into their own hands. Dave Groves joins host David Brancaccio from the Rockridge neighborhood to discuss his efforts using Crowdtilt, an online crowdfunding platform similar to Kickstarter, to raise money for additional security. 

Today, the book "I Am Malala" goes on sale across the country. It’s the story of Malala Yousafzai, the Pakastani girl who was shot in the head by the Taliban for attending school. (Here she is speaking at the UN). It’s a teenager’s story, but will teenagers read it?

About the author

David Brancaccio is the host of Marketplace Morning Report. Follow David on Twitter @DavidBrancaccio

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