Public Affairs w/Jeff Berkowitz, Abboud (D-Barrington Hills)

Public Affairs 547: Abboud discusses financial sector problems, bailouts and solutions, tax policy, trade, jobs, energy and drilling, the War, abortion and guns. :
Jeff Berkowitz, show host, debates and discusses with Robert Abboud, 16th Cong. Dist. Democratic Nominee and Barrington Hills Village President, domestic, cultural and foreign public policy issues including how the Bush Administration has been handling recent financial sector issues, such as the bailout of Bear Stearns, the decision not to bailout Lehman Brothers, the merger of Merrill Lynch with Bank of America, the bailouts of Fannie Mae and Freddie Mac, the government's acquisition of 80% of AIG and the proposed 700 billion dollar purchase of assets from various entities; whether Abboud would have supported the Bush tax cuts and/or other tax cuts; Abboud's views on trade agreements, jobs and manufacturing contrasted with those of Cong. Manzullo.
Additional topics discussed include what went wrong with the U. S. economy; was it de-regulation or was it the wrong kind of regulation that was the problem; should we be relying more on corporate bankruptcies to handle the financial problems discussed above; how would Abboud and Manzullo differ in their approaches to solving the above discussed financial sector and U. S. Economy issues; are both Abboud and Manzullo somewhat protectionist on trade; do Abboud and Manzullo differ on the desirability of NAFTA type agreements; the future potential of nuclear as a source of energy; should off shore drilling be allowed within 50 miles of the U. S. coast; should taxes be increased on capital gains and dividends, as Senator Obama wants to do; should the U. S. exit Iraq in a way that allows the potential for success of the Iraq government; should there be more restrictions on abortions than is currently the case; should the ban on assault weapons be brought back; more border control to restrain illegal immigration? a path to citizenship for illegal immigrants currently in the country?

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News & Politics

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