CBCradio

November 03, 2008

Pt 1: American Pensions - Leaving aside the debate over American social security, it is indeed a scary time to be thinking of retirement no matter which side of the border you find yourself on. But the thing is, it might actually be scarier if you've heeded that advice. Because for most Canadians, sensible financial planning has meant putting your money in RRSPs or company pension funds.

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Pt 2: All Politics Are Tribal - The battle for the U.S. Presidency has once again come down to a handful of highly coveted swing states. But half-a-world away, in the slums of Nairobi, the election is playing out a little differently. On the outskirts of Kenya's largest city, Barack Obama's run for the presidency is stoking long-simmering ethnic tensions between the Luo and the Kikuyu. Earlier this year, the two groups clashed violently for days after a Kikuyu President was returned to power. Hundreds died and eventually, a fragile power-sharing agreement was reached.

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Pt 3: Vice Presidents of America-Over the last eight years, Dick Cheney has made himself the most powerful Vice President in American history the quintessential man behind the curtain. He used the office in ways no other Vice President had ever tried and even went so far as to assert that he stood apart from the Executive Branch of Government. In just a few months, Dick Cheney will walk away from the Vice Presidency.

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It's Monday, November 3rd.

Most North Americans turned their clocks back one hour on the weekend.

Currently, John McCain says that's proof his campaign isn't running out of time.

This is the Current.


American Pensions

Leaving aside the debate over American social security, it is indeed a scary time to be thinking of retirement no matter which side of the border you find yourself on. But the thing is, it might actually be scarier if you've heeded that advice. Because for most Canadians, sensible financial planning has meant putting your money in RRSPs or company pension funds. And in the stock market turmoil of the last few months, billions of dollars worth of retirement funds have simply evaporated.

Now the optimistic view is that in the long term, the markets and by extension, RRSPs and company pension funds, will recover. But in the meantime, there are plenty of pensioners wondering how they managed to take such a huge hit by following the advice of just about every financial expert. And others are asking if there's a better way to ensure people's retirements.

For their thoughts on that question, Anna Maria was joined by Keith Ambachtsheer. He's the Director of the Rotman International Centre for Pension Management at the University of Toronto. He's also the author of Pension Revolution: A solution to the Pension Crisis. He was in our Calgary studio for the show. And David Wheeler is the Dean of the Faculty of Management at Dalhousie University. He was in our Halifax studio.



 

 All Politics Are Tribal

The battle for the U.S. Presidency has once again come down to a handful of highly coveted swing states. But half-a-world away, in the slums of Nairobi, the election is playing out a little differently. On the outskirts of Kenya's largest city, Barack Obama's run for the presidency is stoking long-simmering ethnic tensions between the Luo and the Kikuyu. Earlier this year, the two groups clashed violently for days after a Kikuyu President was returned to power. Hundreds died and eventually, a fragile power-sharing agreement was reached.

Obama's father is a Luo. And his ancestors in "Luoland" would love to see a man they perceive to be one of their own in the White House. But many Kikuyus are dismayed by the prospect. So they're backing John McCain or at least they would be if they could cast a ballot.

The Current's Kennedy Jawoko traveled to Nairobi for a first-hand look at these ethnic tensions through the prism of an American election. Here's his documentary, "All Politics Are Tribal."

The song in this documentary is by popular Kenyan reggae musician Makadem and it's called Obama be thy name.

 


Vice Presidents of America

Over the last eight years, Dick Cheney has made himself the most powerful Vice President in American history the quintessential man behind the curtain. He used the office in ways no other Vice President had ever tried and even went so far as to assert that he stood apart from the Executive Branch of Government. In just a few months, Dick Cheney will walk away from the Vice Presidency. And Barton Gellman is taking a shot at defining his legacy. Barton Gellman is a special projects reporter with the Washington Post. He won the Pulitzer Prize this year for his investigation of Dick Cheney's time in office. He's also the author of Angler: The Cheney Vice Presidency and he was in New York City.

Walter Mondale was Vice President in Jimmy Carter's administration and the Democratic Party's nominee for President in 1984. He joined us from his home in Minneapolis.


Last Word

We left you today with Sarah Palin, as the latest victim of a notorious radio prankster tag team from Montreal. S├ębastien Trudel and Marc-Antoine Audette phoned the Republican U.S. vice-presidential hopeful Saturday and impersonated French President Nicolas Sarkozy. Palin eventually is told the call was a hoax. Her campaign staff has since conceded that she was "mildly amused."


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