Barney Frank on the TARP: Troubled Asset Relief Program (Special Preview)

barney frankIn this special preview edition of this week’s show, CWR co-hosts Francesca Rheannon and Bill Baue interview US Representative (D-MA) Barney Frank, chair of the House Financial Services Committee that is now ushering the Troubled Asset Relief Program bill, or TARP, through Congress. The bill revises the President’s proposed bailout of financial institutions to the tune of $1 trillion, which has been labeled “Cash for Trash.” The bill is changing practically by the hour, and we caught Rep Frank today as the bill makes its way toward debate in Congress.

Troubled Asset Relief Program (TARP) bill as of 1:09 p.m. on September 22, 2008

Check back and tune in Wednesday for the full show, which will include this interview, as well as a conversation with Bob Pollin of the Political Economy Research Institute at the University of Massachusetts in Amherst in his new Green Recovery report, and the CWR ViewPoint from futurist Hazel Henderson of Ethical Markets on the market meltdown.