Friday, July 25, 2008
Audio posted Friday afternoon.
Legislation aimed at rescuing the nation's struggling housing industry easily passed the House yesterday, and appears headed for approval by the Senate and President Bush within the next few days. Why is our government warming up to the concept of more economic regulation? How will more stringent regulation of the housing industry impact our economy down the road?
Plus, the head of the Southeastern Economic Development Corp., Carolyn Y. Smith, was forced out of her job after it was revealed that she and other SEDC staffers were giving themselves hidden bonuses. What's next for the SEDC, and how can the City of San Diego prevent these kinds of incidents in the future?
And, reports of murders and kidnappings south of the border are hurting the tourism business in Baja California. What are Mexican officials doing to reduce the violence, and boost tourism?