David Frum is our Friday host from Washington, DC this week.
It's Friday, October 24th.
The speaker of the Iranian parliament has come out in favour of Barack Obama while a website connected to Al Qaeda is throwing it's support behind John McCain.
Currently...Third party candidate Ralph Nader says he is still pinning his hopes on appealing to the undecided Bob the Bomber vote
This is the Current.
An Obama Government
With just 11 days to go, many pundits -- and even some Republicans -- think it's going to take a miracle for John McCain to win this election. Some cite the Iraq war. Others blame the economy. And of course it's never easy to be up against a charismatic opponent with a short track record.
For his thoughts on what makes this a tough time to be a Republican Presidential candidate and what might be in store for Barack Obama, David Frum was joined by Richard Perle. He's a bit of an enigma in Washington. He spent many years working for a Democratic Senator named Henry Jackson. He was also an advisor to Defense Secretary Donald Rumsfeld and a prominent advocate of the war in Iraq, even though he's still a registered Democrat. Richard Perle is also a friend and a colleague to Frum-- they co-authored a book together. Perle was in Washington for the show.
Obama Goes to D.C. - Martin Walker
One of the key words in Barack Obama's campaign is "change." So for his thoughts on how Washington would be different if Obama is elected, David Frum was joined by Martin Walker. He is the former Washington Bureau Chief for the British newspaper, The Guardian. He's now the Senior Director of the Global Business Policy Council and the author of several books, including, The President We Deserve: Bill Clinton, His Rise, Falls and Comebacks
The Wrecking Crew
Back in 2004, Thomas Frank wrote a book called, What's the Matter with Kansas. In it, he argued that the people of that state -- and many Americans elsewhere -- consistently vote against their best interests when they vote Republican. Today, Thomas Frank is back with a new book. It's called Wrecking Crew: How Conservatives Rule. And according to him, the short answer is not very well.
Thomas Frank was in Washington this morning to explain why.
Economy Fall Out
If you want to know what's on the minds of American voters, a phone call to Mike Rosen is a good place to start. But if Americans were already worried about the state of their economy, Alan Greenspan must have pushed them right over the edge yesterday.
So to find out just how scared we should all be, The Current was joined by Don Coxe. He's a global portfolio strategist for BMO Financial Group and the Chairman and Chief Strategist of Harris Investment Management in Chicago.
Some of our other guests have been giving a lot of thought to how the American economy got to this point and what needs to be done to fix things.
Alice Rivlin is the founding director of the Congressional Budget Office. She also served as Vice Chairman of the Federal Reserve and Director of the White House Office of Management and Budget during the Clinton Administration. And Brian Bethune, is the Director of Financial Economics for Global Insight's United States Macroeconomics Group.
By the show's end, David decides that guest hosting The Current has been a breeze compared to the experience he had the other night on The Colbert Report. According to David, Stephen Colbert is a little more, um, aggressive than he appears when you're watching from the safety of your home. We ended the show with a clip from that experience.