Kresta in the Afternoon – June 1, 2009 – Hour 1

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    First Topic – Government Run Motors – Gov’t Now Owns GM

    GM filed for Chapter 11 bankruptcy this morning, marking the humbling of an American icon that once dominated the global car industry and setting up a high-stakes gamble for U.S. taxpayers. The filing marks the climax of a lengthy debate over the auto maker's future after it sought a bailout from the U.S. government in December to stay alive. In the end, GM couldn't complete its restructuring out of court and filed for bankruptcy-court protection to get billions more in aid from U.S. taxpayers. The question now facing 56,000 auto workers, 3,600 GM dealers and the Obama administration: Will it work? The U.S. government has agreed to provide GM with another $30 billion in aid, in addition to the $20 billion the auto maker has already borrowed, to see it through its restructuring and exit from bankruptcy protection. In return, the government will get a controlling stake in the company. George Schwartz is here to analyze.

    Second Topic – The Darwin Myth: The Life and Lies of Charles Darwin

    In the 150 years since the publication of Origin of Species, Charles Darwin's reputation has wavered between two extremes--secular saint or heretic. But the truth is much more complicated than that. While he was by all accounts a kind and virtuous man, Darwin's theory of evolution and natural selection has been one of the most destructive ideas in history. So who is Charles Darwin? What did he really believe--and what did his research really prove? In The Darwin Myth: The Life and Lies of Charles Darwin, Benjamin Wiker cuts through the myths and misconceptions and sets the record straight. Taking a "warts and all" approach, Wiker offers a critical examination of Darwin's theories as well as the scientific, social, and religious implications of his life and work.

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