How The Housing Crisis Spread, And What Happens Now
From high mortgage rates to shortages that have spread coast to coast, New York Times reporter Emily Badger explains the roots -- and consequences of our country's broken housing system.
Chairman of the Federal Reserve Ben Bernanke testifies before the House Financial Services Committee, 2008
An ousted USDA official is offered her job back. Fed Chair Bernanke says the economic outlook remains “unusually uncertain.” And the administration turns its attention to the struggling housing market. A panel of journalists joins Diane for analysis of the week’s top national news stories.
Guests
- David Welna Congressional correspondent, NPR.
- Jeanne Cummings Politico's assistant managing editor in charge of Enterprise.
- Doyle McManus Columnist, Los Angeles Times.
News Roundup Video
The panelists discuss the USDA’s firing of employee Shirley Sherrod over a video posting by blogger Andrew Breitbart that took Ms. Sherrod’s remarks out of context, including the media’s role. David Welna noted the Obama administration’s apology to Ms. Sherrod and subsequent job offer for a new USDA position dealing with improving race relations, and Diane highlighted Washington Post columnist Eugene Robinson’s take on the incident:
The Diane Rehm Show (Friday News Roundup): The panelists discuss the possible appointment of Congressional Oversight Panel Chair Elizabeth Warren to head the Consumer Protection Agency:
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