If you are concerned about the ballooning budget deficits, then set your TiVo, PVR or alarm clock for the PBS’ Frontline special, “Ten Trillion and Counting,” an investigation of the causes and solutions to the projected $10 trillion federal deficit.
During tonight’s prime-time press conference, President Barack Obama will defend his economic plan. Obama will likely be asked about Treasury Secretary Tim Geithner and the plan to buy up toxic “legacy” assets.
It remains an open question whether anyone will ask about Sen. Judd Gregg’s claim that Obama’s budget will bankrupt the nation. Gregg is Obama’s former pick to head the Commerce Department.
We can’t count on the legacy media to ask tough questions. So, we need to get informed and then take action. The AIG mess is a reminder that when we the people voice our outrage, politicians run for cover to the microphone.
An article in today's Wall Street Journal suggests that bankers think if they sit on their toxic as assets, they will be able to call the shots. We must remain vigilant and demand transparency.
The program premieres tonight after Obama’s press conference. To check your local listing, go here.
