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Week in the News46:08
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Barack Obama and John McCain on their campaign trails on September 15, 2008.
Barack Obama and John McCain on their campaign trails on September 15, 2008.

The most dramatic, unhinged week in financial markets since the 1930s is ending with a promise of the biggest government intervention in the free market since the Great Depression. Massive intervention.

Ronald Reagan said government is not the solution, government is the problem. But Wall Street is running to the government right now in sheer terror.

McCain’s shouting. Obama’s yelling. Palin’s fading a bit. And families and voters are trying to figure out how to make it through.

This hour, On Point: a week for the history books. We’ll take on the biggest financial headlines in decades.

Guests:

Chrystia Freeland, U.S. managing editor of the Financial Times.

Steven Pearlstein, business columnist for The Washington Post.

Jack Beatty, On Point news analyst and senior editor at The Atlantic Monthly.

This program aired on September 19, 2008.

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