Posted by Katharine Crnko
For Marketplace Morning Report, Friday, November 19, 2010
Fed Chairmen Ben Bernanke is in Europe, defending his decision to boost the U.S. economy by investing $600 billion more into government bonds. This decision has received criticism from Europe.
Speaking in Germany, Fed Chairman Ben Bernanke defends the Fed’s measures to boost the economy here in the U.S. Foreign leaders are worried about how their countries will be impacted by the decision to pump another $600 billion into the system.
Peter Coy with Bloomberg BusinessWeek magazine has been digging into the details of the deficit cutting proposals. We have the Simpson-Bowles report, and we have the Bi-Partisan Policy Center report, but will any of them work, and what are American’s willing to sacrifice?
The TSA’s new security system of full-body scans and pat-downs has enraged a number of airline passengers. Authorities are scrambling to find other options.
President Obama landed in Portugal today. He’s there for a scheduled NATO meeting on military matters, but the economy will top the agenda. Investors say Portugal isn’t far behind Ireland when it comes to debt problems.
In California, a federal judge will consider a motion by Toyota this morning to dismiss hundreds of lawsuits filed against the company regarding the recent recalls.
We talk to Jill Schlesinger, editor at large for CBS/Moneywatch about how — and when — we will know that the Fed’s plan to boost the economy really worked.
Holidays usually don’t provide for the most environmentally-friendly options. But Marketplace’s Adriene Hill is offering her tips on how to have a green Thanksgiving without having to compromise your holiday fun.
Here are the songs we played:
- Lex — Ratatat Buy
- Missing Words — Mark Ronson & The Business Intl Buy
- The Boogie Monster — Gnarls Barkley Buy
- Dream On (Contains Hidden Track ‘Dream On (Reprise)’) — The Chemical Brothers Buy
- Tell Me What Will It Be? — Javelin Buy