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NPR

Group Pushes For Corporate Tax Holiday

A group called Win America is pushing the government to allow companies to repatriate hundreds of billions of dollars in cash parked in offshore accounts. Normally, that money would be subject to a tax rate of up to 35 percent. But lobbyists are hoping to strike a deal that would temporarily lower the rate to about 5 percent. Bloomberg Businessweek Magazine published an article that shows how dozens of former congressional aides are part of this effort to help major corporations secure a massive tax break. Guy Raz talks to Jesse Drucker, an investigative reporter for Bloomberg.
NPR

Fed Chief Testifies On Capitol Hill

Federal Reserve Chairman Ben Bernanke told lawmakers on Capitol Hill Tuesday that the recovery has been much weaker than expected. He went on to say that Congress also has a role to play in getting the economy back on track. He said fostering healthy growth "is a shared responsibility."
NPR

How The Financial Crisis Created A 'New Third World'

In Boomerang, writer Michael Lewis tells the stories of the countries hit hardest by the 2008 financial crisis. He also profiles some people who bet against European governments and are likely to make millions if and when they default.
NPR

'Occupy Wall Street' Protests Gain Wider Ground

More than 700 people were arrested on the Brooklyn Bridge last weekend at an 'Occupy Wall Street' protest. The movement began in New York as a reaction to what organizers call corporate greed. The demonstrations have spread to other cities like Boston, Chicago and Los Angeles. Michel Martin hears from WNYC Reporter Arun Venugopal and 'Occupy Wall Street' protestor Kyle Christopher.
NPR

Venture Capitalist Warns Of Job Creation Myths

Bill Frezza, a venture capitalist and a fellow at the Competitive Enterprise Institute says the idea that creating jobs leads to growth and prosperity is a fallacy. He tells Lynn Neary that the jobs myth is at the heart of the nation's unemployment problems.
NPR

Will Wall Street Protests Grow Into A Movement?

As the protests against Wall Street enter their third week, community groups and unions are beginning to join the demonstrations. The diverse group has staged almost daily marches and has been pretty much spontaneous and leaderless. Some protesters want the group to have specific goals.

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