Show me the crisis. In an open letter to colleagues on Tuesday, former New York Times reporter David Cay Johnston urged fellow journalists to be skeptical of the bailout proposal. Don’t question around the edges, says Johnston. Question the premise.
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"Final Day"
Young Marble Giants
Among the short-sellers being vilified as contributors to the ongoing Wall Street implosion is David Einhorn – a successful hedge fund manager. But Hugo Lindgren, who wrote a portrait of Einhorn for New York Magazine, argues that he’s also something else: an unlikely truth teller whose story offers a case-study on the pitfalls of whistle-blowing on Wall Street.
Business reporters have to be careful about using words like "crash" or "crisis" lest they influence the markets. But Fortune's managing editor Andy Serwer says sometimes you just have to call a crash, a crash.
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"A Day In The Life"
The Beatles
Around 800 people were arrested during the four day Republican National Convention earlier this month. Dozens were reporters, and one was Democracy Now! host Amy Goodman, who argues the arrests have a chilling effect on journalists.
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"65 Bars and a Taste of Soul"
Charles Wright and the Watts 103rd Street Rhythm Band
A few updates from the secrecy files. In two separate cases, courts decide in favor of more transparency from our government. Plus, a new bill in Congress that probably won’t pass, but should.
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"Time Or Dateline"
Circulatory System
Tax law gives houses of worship non-profit status and, in exchange, clergy are supposed to steer clear of politics, meaning they can't endorse a candidate by name. But the Alliance Defense Fund is encouraging clergy to do just that this weekend. ADF's Erik Stanley explains their goals, while Reverend Eric Williams says the restrictions are a vital barrier between church and state.