Nicole Gelinas talks with Jim Blasingame about the causes of the economic crisis of 2008, including out-of-control mortgage lending policies and products, and a general attitude that home-ownership is a right for all, not just for those who can actually afford to make a downpayment. They also talk about how to prevent a recurrance.

What will be the repercussions of the government involvement in the financial crisis? Nicole Gelinas talks with Jim Blasingame about the dangers and possibilities that can occur when the marketplace turns to government for help.

Who's going to pay for the bail-out of Fannie Mae and Freddie Mac? Nicole Gelinas talks with Jim Blasingame about the magnitude of the exposure U.S. taxpayers have if these two mortgage backing organizations fail.

Did the Fed create a dangerous precedent when they bailed out Bear Sterns instead of letting it go bankrupt? Nicole Gelinas talks with Jim Blasingame about some of the good, bad and ugly elements of this government intervention, and how far reaching it will be.

Are we endanger of having capitalism becoming criminalized? Nicole Gelinas talks with Jim Blasingame about the dangers of the courts and our government responding to every lapse in ethics and flair-up of greed with new regulations, laws and lawsuits, and how all of this could result in the slow death of capitalism.

Is New York City heading for a fiscal crisis? Nicole thinks this is a definite possibility and she talks with Jim about this, plus they discuss how NYC's story could be duplicated in your own municipality.

What's really needed to rebuild New Orleans? Nicole talks with Jim about that and her answer might surprise you. <br></["br"]>

Nicole joins Jim to talk about some of the systemic and decades old reasons for the problems that New Orleans is experiencing as a result of Hurricane Katrina.