November 26, 2008     

Holiday foods you won't touch

Wednesday, November 26 2008

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economy markets personal finance investing region north america

Expanded bailout plan aims to help out little guys

By John Hockenberry, Noel King
Guest: Mike Menzies
Wednesday, November 26 2008

Treasury Secretary Henry Paulson has announced a new $800 billion rescue plan that includes a commitment of $200 billion to increase the availability of student loans, auto loans and credit cards. Are small and mid-level banks finally getting a bailout of their own? The Takeaway talks to Mike Menzies, President and CEO of Easton Bank and Trust in Easton, Maryland.
"The marketplace has stopped buying those pools of loans. It's constipated."
—Mike Menzies discusses the strength of community banks

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Secretary Robert Gates to stay on at Defense

By John Hockenberry
Guest: Robert Watson
Wednesday, November 26 2008

"There was a sigh of relief when he was appointed to take over from Donald Rumsfeld two years ago and he's made a lot of friends."
—Robert Watson on Gates staying on at Defense

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Survey shows concern over climate change trumps economic crisis

By John Hockenberry
Guest: Richard Black
Wednesday, November 26 2008

"Over 40% of the people polled said that climate change was a more pressing issue than the global financial crisis."
—Richard Black, discussing a global poll on climate change

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For veterans, virtual reality treatment addresses very real trauma

By John Hockenberry, Chelsea Merz
Guest: Dr. Michael Kramer
Wednesday, November 26 2008

There are now over 800,000 veterans of Iraq and Afghanistan. Of those, roughly 300,000 have Post-Traumatic Stress Disorder, but only half of these veterans have been professionally treated for their trauma. Traditional "exposure therapy" treatments help veterans get a handle on their experiences by having them relive them, using methods like talk therapy, guided visualizations, and others. Modern technology has recently begun making strides as effective treatment for 21st century combat. Software known as "Virtual Iraq" allows soldiers, through simulation, to become desensitized to deep-rooted traumatic experiences.
"It's a very challenging treatment. It's designed to raise stress levels. It's designed to do it in a controlled, therapeutic way, so that the trauma survivor can feel that they can manage the strong emotions that come with the memory."
—Dr. Michael Kramer on using virtual reality to treat PTSD

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President-elect Obama plans to keep Gates heading Defense

By John Hockenberry, Jesse Baker
Guest: Peter Baker
Wednesday, November 26 2008

While President-elect Obama does not plan to officially unveil his national security team until after Thanksgiving, one thing seems pretty clear among Washington insiders: Defense Secretary Robert Gates is not going anywhere. For the first time, a Pentagon commander will be asked to keep his post during a transition between presidents of two different parties. The Takeaway talks to Peter Baker ("Obama Plans to Retain Gates at Defense Department " [New York Times]) about Obama’s decision.
"You can look at this as deferring any significant changes at the Pentagon until he's got the economy more fully in gear."
—Peter Baker on Gates staying on at Defense

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Thai army leaders call for new elections as protestors occupy airport

By John Hockenberry
Guest: David Jimenez
Wednesday, November 26 2008

"The maximum people they have to managed to take to the streets is 10,000. With that amount of people they have managed to shut down the government, take the airport, and, as you say, the heart of government."
—David Jimenez on the political unrest in Thailand

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What President-elect Obama needs to know about China

By John Hockenberry
Guest: Elizabeth Economy
Wednesday, November 26 2008

As President-elect Obama focuses on the economic crisis during his transition period, he'll soon have to consider US-China relations. With a fast-growing economy and population, China's effect on global issues — energy consumption, the world’s economy and climate change, to name a few — will be profound and long-lasting.
"China is a major player in issues like global climate change, food and product safety issues, proliferation issues and even looking to conflicts in Africa, Southeast Asia and Latin America. Wherever the U.S. has been, we now see China becoming more deeply engaged."
—Elizabeth Economy on China

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How to prepare for holiday travel (and can President-elect Obama help?)

By John Hockenberry, Kent DePinto
Guest: Scott McCartney
Wednesday, November 26 2008

The busiest travel day of the year has come again. Whether you're paying $125 to check your bag, or traveling in the high speed family lane, according to Scott McCartney, this year you’re traveling in a way you’ve never traveled before. The author of The Middle Seat column in the Wall Street Journal, he speaks with The Takeaway about why you might be able to bring your mouthwash in your carry-on sooner than you think, and how incoming president Barack Obama might address the airline industry.
"Fuel prices came down, but then the economy tanked. So they were actually reducing capacity as demand was really dropping off, and for a change they got it right this time."
—Scott McCartney on the airlines

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Tiger Woods no longer a Buick kind of guy

By John Hockenberry, Jesse Baker
Guest: Tripp Mickle
Wednesday, November 26 2008

If you’ve watched Tiger Woods play in a golf tournament in the past 8 years, chances are good you’ve noticed the Buick logo branded on his golf bag. That was before General Motors' recent financial struggles, however. Now, the nine year contract between Woods and GM is no more. As the economy crumbles, The Takeaway wonders: is this a sign of things to come for celebrity endorsements, or a one time deal? And what else is GM having to take a pass on this year?
"A lot of executives were saying sports is recession-proof. Everybody's changed their mind — they are beginning to feel the impact."
—Tripp Mickle on sports sponsorship

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Next group to be bailed out? Consumers

By John Hockenberry, Jesse Baker
Guest: Michael Hughes
Wednesday, November 26 2008

Treasury Secretary Hank Paulson said yesterday he would do whatever it takes to lift the economy, including giving his approval to a plan to disburse $800 billion in two new lending programs. This latest rescue move is the first time both the Treasury and Fed have teamed up to lend a helping hand directly to consumers — offering aid to help with student loans, car loans or small business loans.

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Marking 30 years since the assassination of Harvey Milk

By John Hockenberry, Chelsea Merz
Guests: Tom Duane, Carol Ruth Silver
Wednesday, November 26 2008

In 1978 Harvey Milk made history as the first openly gay man elected to office in San Francisco. Months later, disgruntled former city employee Dan White made history when he assassinated Milk and San Francisco mayor George Moscone. Thirty years have passed and Hollywood is marking Milk’s legacy with a movie about his life. The Takeaway takes stock of Milk’s enduring influence with attorney Carol Ruth Silver, who served on San Francisco’s Board of supervisors with Harvey Milk. We are also joined by New York State Senator Tom Duane. Duane was the first openly gay and HIV-positive member of the New York state senate and city council.
"The Teamsters wanted to get Coors beer out because they were non-union and Harvey offered them the gay bars. He said if you will allow gays to be truck drivers — to join the Teamsters — I'll organize all the gays in this area and we will get Coors out of the bars."
—Carol Ruth Silver on the foundation of Harvey Milk's political strength

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