Week in the News

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President Bush speaks in a television address from the White House (AP)
President Bush speaks in a televised address from the White House on Wednesday night. (AP)

Wall Street, imploding. A rescue, imploding. The President of the United States declaring in the White House cabinet room of the U.S. economy, quote: “This sucker could go down.”

The Treasury secretary begging, on bended knee. And still, no action.

John McCain suspends his campaign to focus on the crisis, rushes to Washington — and takes no stand.

Barack Obama says he’ll stand alone at the debate podium if necessary, but who knows?

This hour, On Point: Crisis in the USA, and no end in sight. Our weekly news roundtable tackles the chaos.

You can join the conversation. What is going on here? Are you ready to vote somebody into — or out of — office? Should the Wall Street bailout live or die? And what are the implications either way?Guests:

Joining us from Washington is Gerald Seib, assistant managing editor at The Wall Street Journal. He writes the paper’s Capital Journal column. He’s co-author of “Pennsylvania Avenue: Profiles in Backroom Power.”

With us from New York is Diane Brady, senior editor at BusinessWeek magazine, where the lights are never out this week.

And with us from Hanover, New Hampshire, is Jack Beatty, On Point news analyst and senior editor at The Atlantic Monthly.

This program aired on September 26, 2008.


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