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Euro Rescue, Finance Jitters
A global stare-down on debt. Will Europe’s trillion dollar rescue package be enough to stave off a sovereign debt crisis? Plus, Fed Chair Ben Bernanke’s speech to 2010 grads.

Traders shout orders in the S&P 500 futures pit at the CME Group in Chicago near the close of trading, Thursday, May 6, 2010, the day the Dow Jones industrials plunged nearly 1,000 points in half an hour. (AP)

Traders shout orders in the S&P 500 futures pit at the CME Group in Chicago near the close of trading, Thursday, May 6, 2010, the day the Dow Jones industrials plunged nearly 1,000 points in half an hour. (AP)

A trillion-dollar rescue package for Europe’s stumbling economies this last weekend. Shock and awe, Euro-style. 

A high-finance “Euro-TARP” to bail out Greece and give cover to Spain, Portugal, Ireland, Italy.

Markets celebrated the massive intervention on Monday, after days of high jitters and that 1000-point swoon on the Dow.

But the questions are not gone. Not about debt levels and European banking. Not about high-speed computer trading that can spin markets and turn 401Ks into road kill.

This Hour, On Point: World markets and the trillion dollar question in Europe. Plus, we listen as Federal Reserve Chairman Ben Bernanke speaks to the 2010 graduates.

Guests:

Roben Farzad, senior writer for Bloomberg BusinessWeek. His April 29 article  in BusinessWeek is “Why Small Investors are Shying from Stocks.”

Kenneth Rogoff, professor of economics and public policy at Harvard University. He was chief economist and director of research at the International Monetary Fund from 2001 to 2003. His new book is “This Time is Different: Eight Centuries of Financial Folly”

Wolfgang Munchau, Brussels-based associate editor and European commentator of the Financial Times, and co-founder and president of Eurointelligence.com.

Closing segment:

We listen back as Federal Reserve Chairman Ben Bernanke tells young graduates at the University of South Carolina why they need to look beyond a big income to find happiness. Here’s the full transcript. And watch the video.

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ONPOINT
TODAY
Mar 4, 2015
Hillary Rodham Clinton speaks during a keynote address at the Watermark Silicon Valley Conference for Women, Tuesday, Feb. 24, 2015, in Santa Clara, Calif.  (AP)

Hillary Clinton’s week of bad headlines: about her emails and foreign money going to the Clinton Foundation. We’ll dig in.

Mar 4, 2015
This photo taken July 31, 2012 shows a "tiny" house April Anson built in Portland, Ore. For the past couple of months, 33-year-old Anson and her friends have been planning, measuring, sawing and hammering their way toward completion of what might look like a child’s playhouse. (AP)

Tiny houses, micro-apartments. They’re hot. Americans are downsizing.

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Mar 3, 2015
This July 21, 2014 photo shows strawberry banana chia breakfast smoothie in Concord, N.H. Breakfast habits in America are changing, leading to dramatic shifts in business strategy. (AP)

Food guidelines are changing. So is what we eat for breakfast. Cereal? Out of favor. Eggs? Maybe OK. And all kinds of new menus. We’ll look at Americans and breakfast.

 
Mar 3, 2015
A group of community activists in San Francisco, CA celebrate that city's February 2014 embrace of the Fair Chance Campaign's efforts to alter background checks on employment and housing for convicted criminals. (Courtesy All of Us Or None)

Is it time to stop asking job applicants if they’ve been convicted of a crime? We’ll look at employment and unemployment after prison.

On Point Blog
On Point Blog
Answers To Your Questions On Black Holes
Tuesday, Mar 3, 2015

Yale University’s Priyamvada Natarajan answers your black hole questions in full. (Well, most of them.)

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Want To Listen To Lead Belly? Here’s Where To Start
Monday, Mar 2, 2015

Loved our show on Lead Belly, but unsure on where you should start to listen? Jeff Place of the Smithsonian Center for Folklife and Cultural Heritage offers his best picks for a beginning Lead Belly listener.

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Our Week In The Web: February 27, 2015
Friday, Feb 27, 2015

We won’t lead you into a debate on the color of #TheDress (it’s blue and black, end of debate), but we do wonder about the blurring lines between so-called Internet culture and general popular culture. Also, it’s snowing in Boston. Still.

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