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Good News, Bad News, No News

Auto Bailout, Shoe Throwing, and Romantic Comedies

John Moe

Angela Kim

Larger view
Rick Wagoner, CEO of GM
(Bill Pugliano/Getty Images)


Time for our weekly parlor game to gauge the news of the week. We are joined by Luke Burbank, host of the radio show "Too Beautiful To Live" in Seattle; Kerry Howley, contributing editor to Reason Magazine; and Bob Mankoff, cartoon editor at The New Yorker.

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Bush just approved a $17.4 billion bailout for US automakers. The money will go to both General Motors and Chrysler, and the loan could prevent both companies from complete collapse as they work to keep from going under in the unsteady economy.

Is this good news, bad news or no news?

Guy throws shoes at Bush.

Is this good news, bad news or no news.

New Credit Card Rules

Under new rules approved by the Federal Reserve, credit card companies will not be able to hike rates as steeply and will have to give 45 days notice instead of 15. The rules won't take effect until July 2010, and they will likely mean fewer people will get approved for cards.

What kind of news is that?

Romantic Comedies may be bad for your love life.

A survey was conducted where participants who watched romantic comedies instead of David Lynch films were more likely to believe that love and partnership was preordained and destined and that love wasn't something you had to work at.

Is this information good news, bad news or no news?

More stories from our Good News, Bad News, No News series

Comments

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  • By David Newman

    12/20/2008

    On today's broadcast Kerry Howley did an excellent job demonstrating her simplistic view of the automobile industry in the United States.

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