Thread: Lou Dobbs Tonight Monday, March 17, 2008 economic crisis

Lou Dobbs Tonight
Monday, March 17, 2008

Tonight, the latest sign of our broad economic crisis came
Sunday, as J.P. Morgan Chase agreed to buy out investment bank
Bear Stearns for just $2 a share, a tiny fraction of its recent
value. Even that deal could only take place with the federal
government shouldering much of the risk. We’ll have all the
latest. Plus:

* The Federal Reserve meets tomorrow to set economic policy.
The Fed is dealing with the weakest U.S. dollar in history, and
Wall Street institutions on the brink of collapse.

* The government is helping bail out major investment banks,
but what about the millions of homeowners facing burdensome and
crushing mortgages and at the risk of losing their homes to
foreclosure?

* And where is Congress during this economic crisis? Congress
is out this week for its spring recess as the economy crumbles
and continues crushing this country’s middle class.

* It has been 105 days since the 5th Circuit Court of Appeals
heard arguments in the case of former Border Patrol Agents
Ignacio Ramos and Jose Compean, who shot and wounded an illegal
alien drug smuggler. Ramos and Compean began serving 11- and
12-year prison sentences more than a year ago. With nearly all
of their legal options exhausted and efforts in Congress to
secure a pardon for the agents stalled, winning their appeal is
the best hope for the agents.

Lou’s new radio program, the Lou Dobbs Show, debuted earlier
this month. Join us weekdays from 3-6 p.m. Eastern, for a look
at news and politics aimed at independent thinkers. Check your
local listings at LouDobbsRadio.com, or listen live online.

Today, Lou will be joined by economist Peter Morici to discuss
the collapse and zero-hour rescue of Wall Street giant Bear
Stearns.

Lou’s book INDEPENDENTS DAY is now on sale in bookstores and on
Amazon.com and BarnesandNoble.com. In Independents Day, Lou
issues a rallying cry to American citizens eager for a change,
focusing particularly on the critical issues and challenges of
the 2008 election.

Check out the completely re-designed
http://www.loudobbs.com, featuring the latest
updates on Lou’s TV and radio shows, audio and video clips,
written commentary and more.

Lou will be livid about this bail out!!


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