January 10 - Will Budget Reform Supersede Financial Reform at Treasury?; A Lifeline For Obama in the Debt Ceiling Showdown; Scientology "The Church of Fear"

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Full Program



Part 1

We begin with an examination of whether the choice of Jack Lew as Secretary of the Treasury means that financial reform will not be a priority in Obama’s second term. Michael Greenberger, the former director of the Division of Trading and Markets at the Commodity Futures Trading Commission joins us to discuss whether budget reform will supersede financial reform in the next four years. greenberger


Part 2

Then we speak with Edward Kleinbard, who was Chief of Staff of the U.S. Congress’s Joint Committee on Taxation, to explore an alternative scenario the president might follow to avoid the threatened shutdown of the U.S. government by Congressional Republicans over the debt ceiling. We discuss Ed Kleinbard’s plan to issue federal scrp if the Treasury is unable to issue new debt, which is outlined in his article in the New York Times “The Debt Ceiling’s Escape Hatch”.

ed kleinbard


Part 3

Then finally, with the Church of Scientology marketing its brand of so-called religion in a television ad campaign, we speak with John Sweeney, a veteran BBC war correspondent and award-winning investigative journalist about his latest book “The Church of Fear: Inside the Weird World of Scientology” that chronicles his contentious experiences with the Church of Scientology filming the 2007 BBC Panorama special “Scientology and Me” and his 2010 follow-up “The Secrets of Scientology”.

john sweeny
  MUSIC: MGMT - Congratulations; Peter Gabriel and Kate Bush - Don't Give Up; The Beatles - You Never Give Me Your Money; Frank Zappa