Wealth can be a tool for investment, for development and even for change. But wealth can also be an end in itself—becoming an addiction. That was the case for Sam Polk, a former hedge fund manager. In his last year on Wall Street, Polk earned a $3.6 million bonus. He felt it wasn't enough. Today, Polk explores why Americans love and possibly have an addiction to money.
Also On Today's Show: The Seattle Seahawks denied the San Francisco 49ers a return trip to the Super Bowl. William Rhoden, sports columnist for our partner The New York Times, provides a look at what’s in store for the Seahawks and the Denver Broncos as they head to the Super Bowl. In a divided Congress and an election year, lawmakers are practically sprinting for the exits, with several announcing their plans to retire. Takeaway Washington correspondent Todd Zwillich explains what the departures could mean for 2014.
President Barack Obama has announced a major overhaul of the National Security Agency's (NSA) surveillance practices. The president said that in order for the nation's intelligence community to be effective over the long haul, the trust of the American people must be maintained. To maintain that trust, the president said he would end the vast collection of phone data “as it exists” today. The Takeaway's Washington Correspondent, Todd Zwillich breaks it down with further NSA analysis from Pulitzer Prize winning author Lawrence Wright.
Cryptologists have their own opinions about how best to protect the American public. And because they design many of the privacy programs that the National Security Agency has thwarted, they have a unique perspective on how best to reform the agency. Joseph Bonneau, a cryptologist and winner of the NSA's Best Scientific Cybersecurity Paper award for his work on passwords and encryption, discusses his profession's long history of conflict with the NSA.
On Today's Show: Congress finally revealed the new spending deal. This deal comes in at just over $1 trillion dollars...The National Security Agency has access to almost 100,000 computers around the globe. And it's able to spy on these computers and attack them even when they're not hooked up to the internet...Author and journalist David Satter was expelled from Russia this week after attempting to renew his visa. Satter is the first journalist to be banned from Russia since the Cold War over two decades ago.
In a press conference Thursday morning, New Jersey Gov. Chris Christie said his staff lied to him about their involvement in the George Washington Bridge lane closure scandal. Gov. Christie apologized to the people of New Jersey, saying that he was embarrassed and humiliated by the conduct of the members of his team. The governor also announced that he had fired aide Bridget Kelly, calling her “stupid” and “deceitful” at the conference. Joining The Takeaway to explain these revelations is Todd Zwillich, The Takeaway's Washington correspondent.
The Senate is back in session today and the House returns tomorrow. Though it’s a new year, much of what’s on the agenda is last year’s business. At the top of the list is a vote to extend unemployment insurance for the 1.3 million jobless workers who lost those benefits just after Christmas. Todd Zwillich, Takeaway Washington Correspondent, provides a look ahead.
Some argue that it is unfair to criticize the Pope for his response to sexual abuse in the church so far. But David Clohessy, Executive Director of SNAP, believes that Pope Francis can do more to prevent abuse and punish predators.
What has gotten into John Boehner? The normally pliant Speaker looks like he has had enough of rigid Tea Party conditions and attitudes. He fears that these newest members of Congress, and the organizations that back them, are taking the GOP brand over the deep end—and he's fed up with it. Todd Zwillich, The Takeaway's D.C. Correspondent, helps us understand the sudden shift in Speaker Boehner's perspective.
There must be something in the water in Washington, D.C.—it's another day and another bipartisan deal has gone through. House Republicans and Senate Democrats struck a budget deal a whole 35 days before the January 15 deadline when the government would run out of money. Todd Zwillich, Takeaway Washington Correspondent, breaks down what's in the deal.
Call it the handshake heard around the world—during Nelson Mandela's memorial service, Cuba's President Raúl Castro was in a meet-and-greet line of world leaders and President Obama shook his hand. Many conservatives in the U.S. reacted quickly and harshly to the handshake. The Takeaway's Washington Correspondent Todd Zwillich asked Sen. John McCain (R-AZ) to react to the meeting between the two leaders.
The House and Senate have come to a compromise on a bill that would strengthen protections for victims of sexual assault in the military and keep Guantanamo Bay open. The measure is the first change to laws governing sexual assault in the military in years. There were 3,553 sexual assault complaints reported in the first three quarters of this fiscal year—a nearly 50 percent increase. Todd Zwillich, Takeaway Washington Correspondent, walks us through the ins and outs of this deal.
So far, Congress has only passed 52 new laws this year—the fewest in the post-World War II era—and there are only a handful of days left before the close of this historically ineffective Congressional session. Is it possible to inject some productivity into this Congress as the hours wane? Todd Zwillich, The Takeaway's Washington correspondent, checks in to discuss what needs to happen before 2013 comes to a close.
Now that the deadline has passed for the HealthCare.gov site to be fixed, how are the GOP and Democrats realigning themselves on the battle to dismantle or save the Affordable Care Act? Takeaway Washington Correspondent Todd Zwillich has been following this story and joins The Takeaway to explain how the politics of Obamacare looks going forward.
Each year while everyone else is stuffing turkeys and planning shopping lists, Takeaway Washington correspondent Todd Zwillich is busy looking up how the companies behind a typical American Thanksgiving meal are busy wielding power in Washington. It turns out the Thanksgiving table is plentiful, delicious and absolutely riddled with political influence. Zwillich details the lobbying efforts of the National Turkey Federation, the Dairy Farmers of America and others.
In Washington, with just seven days left on the House calendar, prospects for immigration reform are waning. The policy high that peaked in June after the Senate passed a massive, bipartisan bill—which has taken a major hit after a refusal from the House to vote on the Senate immigration legislation, a bill President Barack Obama guaranteed he would sign. Joining The Takeaway for an update on the immigration fight in the Capitol is Takeaway Washington Correspondent Todd Zwillich.
After promises from President Barack Obama that Americans would be able to keep their health insurances plan if they like them, the president has come out to apologize for healthcare plan cancellations. The Obama Administration pivoted on Thursday, saying that states and insurers can extend current policies canceled under the new healthcare law for one year. Todd Zwillich, Takeaway Washington Correspondent, is with us to explain the changes coming from the administration.
As part of the $500 billion farm bill, Congress has agreed to slash funding for the Supplemental Nutrition and Assistance Program (SNAP), better known as food stamps. For the 47 million Americans who rely on SNAP, the fiscal squeeze on food stamps is already being felt at home. On November 1, food stamps allocations were trimmed by as much as $36 a month for a family of four. Takeaway Washington Correspondent Todd Zwillich breaks down the political jockeying over food stamps.
Yesterday the Senate voted to pass the Employment Non-Discrimination Act 64-32. If enacted, the Act would prohibit discrimination in hiring and employment on the basis of sexual orientation or gender identity. But in the House of Representatives, ENDA is expected to meet greater opposition. Speaking to Takeaway Washington Correspondent Todd Zwillich, former Minnesota Republican Senator Norm Coleman argues that his counterparts in the House should unite this bill.
Around the country, voters headed back to the polls yesterday to cast ballots in mayor and gubernatorial contests and to vote on a host of ballot initiatives. Anna Sale, a reporter for WNYC, has been covering races in New York City and neighboring New Jersey. Todd Zwillich, Takeaway Washington Correspondent has been following the Virginia gubernatorial race.