The Bailout Deal
House leaders Reid and Boehner respond to reporters' questions on the financial crisis. (AP)

Congressional leaders Harry Reid and John Boehner respond to reporters' questions about the financial crisis. (AP)

Days of decision for the U.S. Congress. The House today. The Senate soon. In the balance, the U.S. economy: accountability for its past, and the shape of its future.

On Capitol Hill, shouting and table thumping. “Financial crimes have been committed,” roared one Democrat. “Now Congress is being asked to bail out the culprits.”

We’re snuffing out the free-market system, warned a Republican.

And the economy teeters and waits. In the debris and details and debate, a new era is taking shape. This may be about the American Way of Capitalism.

This hour, On Point: What emerges from the great financial meltdown of 2008.

You can join the conversation. What do you want to emerge from this meltdown and response? What’s the change we need from Washington? From Wall Street?


Sudeep Reddy, reporter for The Wall Street Journal and a lead writer for’s Real Time Economics blog. He’s been watching the negotiations over the bailout package closely.

Gretchen Morgenson, business columnist for The New York Times.

Jeffrey Frankel, professor of capital formation and growth at Harvard’s Kennedy School of Government. He directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research and was a member of the Council of Economic Advisers under President Bill Clinton. He’s the author of “American Economic Policy in the 1990s.”

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Nov 24, 2015
This photo made from the footage taken from Russian Defense Ministry official web site Monday, Nov. 23, 2015 shows fuel tanks  hit during the attack of Russian warplanes in Syria. Russian warplanes on Monday attacked oil extraction, transport and refinement facilities in areas controlled by Islamic State militants. (AP Photo/Russian Defense Ministry Press Service)

ISIS, Inc. The terrorist organization is raking in billions –from oil, grain, antiquities, and taxes. We look at how to break the ISIS bank. Plus, Turkey downs a Russian plane. We’ll have the latest.

Nov 24, 2015
An archival image of a McKinley - Hobart Presidential Campaign Poster from 1896. (Public Domain / WikiCommons)

Republican political strategist Karl Rove is thinking about the McKinley 1896 campaign and the GOP field right now. Karl Rove is with us.

Nov 23, 2015
(Clockwise From Top Left) Filmmaker Lindsay Catherine Harris, Ko Smith, Kailya Warren and Bryant Koger in still images from Harris' "Evoking the Mulatto" multimedia project. (Courtesy the Filmmaker)

Mixed-race America in the time of Black Lives Matter and demographic change. We’ll talk race, identity and the film project “Evoking the Mulatto”.

Nov 23, 2015
In this file photo released May 14, 2015 by a militant website, which has been verified and is consistent with other AP reporting, a member of the Islamic State group's vice police known as "Hisba," right, reads a verdict handed down by an Islamic court sentencing many they accused of adultery to lashing, in Raqqa City, Syria. (AP)

New York Times columnist Roger Cohen says the US needs to step up in the fight against ISIS. But there’s a caution flag, too. We’ll dive in.

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