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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?

Guests:

Sudeep Reddy, reporter for The Wall Street Journal and a lead writer for WSJ.com’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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ONPOINT
TODAY
Oct 24, 2014
Ottawa police officers, with Parliament Hill in the background, guard the area around the National War Memorial in downtown Ottawa on Thursday. (Reuters/Landov)

Gunfire in Canada’s capital. Billionaire millions hit the midterms. Huge airbag recall. Ben Bradlee is dead. Our weekly news roundtable goes behind the headlines.

Oct 24, 2014
Andrew (Miles Teller) and his often demanding conductor, Terrence (J.K. Simmons) in a scene from the new film, "Whiplash." (Courtesy Sony Pictures Classics)

The new movie “Whiplash”. The thin line between obsession and abuse on the road to greatness. In music, the arts…sports.

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Oct 24, 2014
Andrew (Miles Teller) and his often demanding conductor, Terrence (J.K. Simmons) in a scene from the new film, "Whiplash." (Courtesy Sony Pictures Classics)

The new movie “Whiplash”. The thin line between obsession and abuse on the road to greatness. In music, the arts…sports.

 
Oct 24, 2014
Ottawa police officers, with Parliament Hill in the background, guard the area around the National War Memorial in downtown Ottawa on Thursday. (Reuters/Landov)

Gunfire in Canada’s capital. Billionaire millions hit the midterms. Huge airbag recall. Ben Bradlee is dead. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
The Explicast, Episode Two: Why Is Election Day On A Tuesday?
Friday, Oct 24, 2014

The Explicast is back for another round. This time, we’re looking at Election Day, and why we all keep voting on a random Tuesday in early November.

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Our Week In The Web: October 24, 2014
Friday, Oct 24, 2014

On comments, comment sections, and ROY G BIV.

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Introducing The Explicast: A New Podcast From On Point Radio
Friday, Oct 17, 2014

Confused about the news? Don’t worry: so are we sometimes! Introducing a new On Point Radio podcast: The Explicast. You can find Episode One right here.

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