Kresta in the Afternoon – February 11, 2009 – Hour 2

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    First Topic – Meltdown

    Barack Obama’s new economic stimulus plan has been passed by both Houses of Congress, but this tidal wave of spending will sink our economy, not save it. That’s the argument of Thomas Woods, author of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse. He says this new bailout is more of the same for America—failed economic stimulus policy that will quickly drive America deeper into recession.  In fact, Woods proves in his new book that government interventions in financial crises not only fail but makes matters much worse. He is here to make his case.

    Second Topic – TBA

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