Marketplace for Wednesday, Dec. 10, 2008

Segments From This Episode

• Frum: Obama rich with ideas, not funds

  by Marketplace Staff

  Commentator David Frum says President-elect Obama's stimulus programs will cost America a pretty penny, money we can't afford to spend or borrow.

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• Recycling industry down in the dumps

  by Sam Eaton

  Demand for recycled goods is down, causing a billion dollar industry to lose much of its steam. But another byproduct of the recycling industry's downturn is the creation of new opportunities. Sam Eaton reports.

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• Faith-based groups may lose funding

  by John Dimsdale

  President-elect Obama plans to expand the federal faith-based initiative established by President Bush, but with a big change — no more hiring on the basis of faith. John Dimsdale reports on how faith-based organizations are reacting.

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• Best way to donate? Do your research

  by Kai Ryssdal

  If you're facing harder times but still want to give back, you may think the best way is through volunteering. But Holden Karnofsky, co-founder of a charity evaluation website, says your time would be better spent finding a nonprofit worthy of your money.

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• Panel has lots of questions for Treasury

  by Kai Ryssdal

  The Congressional Oversight Panel for Economic Stabilization is set to question the Treasury Department's strategy for the $700 billion bailout. Elizabeth Warren, the panel's chair, discusses her views with Kai Ryssdal.

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• GOP senators want to stall auto bill

  by Nancy Marshall-Genzer

  Several Republican senators say they'll try to block an auto bailout bill proposed by congressional Democrats and the White House. Why? Nancy Marshall Genzer reports.

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• Fed considers issuing debt of its own

  by Steve Henn

  Even though the Federal Reserve can print pretty much all the cash it needs, it's now considering borrowing money by selling bonds. Steve Henn reports.

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• Big investors rush to 0% T-bills

  by Alisa Roth

  Money market funds and other big investors looking for a safe place to put their money are buying Treasury bills, even though the bills are paying a 0% interest rate. Alisa Roth reports.

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