So if a government program has been failing for decades, should you A) Privatize it, B) Get rid of it altogether, or C) Throw millions of dollars at it and hope that Americas somehow feel compelled to reenact scenes from "Some Like it Hot."
The answer is C if you were watching CNN this morning.
"American Morning" pointed out that high gas prices were the reason ridership on Amtrak was up 14 percent and then pushed for more funding for the government-sponsored program through a recent Senate proposal.
"The problem for Amtrak of course though is that they haven't had a single new passenger car since 1990," said personal finance editor Gerri Willis on the August 21 broadcast. "Their cars, even the locomotives are old and aging; they're asking Congress for help. Dick Durbin has introduced legislation into the Senate to try and do something about that. Interestingly he says that Thanksgiving is going to be a wake up call for Americans as we all try to go visit relatives for the holidays."
"What they need is new track, because every Sunday it's like this all the way up," said co-host John Roberts simulating a bumpy train ride with his anchor chair.
Calling for tax cuts to stimulate the economy is just a call from the presidential election’s "silly season" and those who do (McCain) are "going to say anything to get elected" according to CNN financial analyst Gerri Willis. Appearing on July 21 edition of "The View,"Willis discussed many of the current economic troubles from high oil prices to the mortgage crisis. [audio available here]
Reliable liberal and Democratic partisan Joy Behar asked "how can the Republican party then say that they’re going to cut taxes in this election? How can they say that when the whole country will fall apart?" Gerri Willis changed her financial analyst cap to political analyst adding "it’s the silly season."
Earlier in the broadcast, Joy Behar brought up some past McCain jokes she finds offensive, such as the "bomb, bomb, Iran," remark. Behar felt such jokes are "inappropriate" but seemed to forget her own inappropriate jokes such as belittling the role of the saints to simply crazies and labeling men "idiots" who "think with Mr. Happy." Elisabeth Hasselbeck , for her part, added McCain does not have a monopoly on such jokes and alluded to Obama’s recent joke mocking the American people.
Gerri Willis co-hosts CNN's daily "Issue Number One," a program devoted to the economy. For her, it appears almost every day is a struggle.
Last Thursday, she spoke of "high gas prices, one of the many cost(s) Americans struggles with in this economy." She took a break from the struggle on Wednesday, when a CNN anchor filled in for her and co-host Ali Velshi.
The previous day, however, her question to CNNMoney.com's Poppy Harlow was: "So what do you have to say to folks out there who are struggling to pay those (energy) bills?" Willis also employed another of her favorite words, tough. "There are," she noted, "all kinds of programs across the country to make sure that doesn't happen, but times are so tough." Later on the show, she observed: "These tough economic times can be especially hard on retirees."
In a class-warfare driven media, where the "haves" are often pitted against "have-nots," you would think an outgoing CEO giving up $37.5 million in pay would be celebrated.
Not quite. CNN's "American Morning" didn't think it was quite good enough when Countrywide Financial's Angelo Mozilo forfeited $37.5 million in severance pay because he said he felt it was the "right thing to do."