American Morning

Tune in at 6am Eastern for all the news you need to start your day.
March 24th, 2009
02:24 PM ET

Foreclosure hits renters

CNN's Deborah Feyerick looks at the effect of foreclosure on renters.
CNN's Deborah Feyerick looks at the effect of foreclosure on renters.

From CNN's Deborah Feyerick

ROOSEVELT, New York (CNN) - When Lisa Brown moved into her rental house on Long Island last summer with her three daughters, she says, it felt like a new beginning.

After living in apartments, the spacious house got her attention immediately. "It was bigger than what I had lived in," she says. Brown was also won over by the neighborhood with its tidy homes and good school district. "I wanted to come here, and I wanted to see my kids graduate from this school district."

But they hardly had a chance. Instead, fighting back tears, she says, "I have to get out."

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Filed under: Economy
March 24th, 2009
02:00 PM ET

We Listen!

Here’s your daily recap of the best feedback we got from YOU on the blog, Facebook, Twitter, Email. Continue the conversation below. And remember, keep it brief, and keep it clean. Thanks!

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American Morning viewers were focused on the drug legalization story that featured Harvard economist Jeffrey Miron. Most were in favor of legalization, with stipulations attached.

  • Sandra – “I don't know about legalizing Heroin but it sure makes a ton of sense to legalize marijuana. That alone would devastate the Mexican Cartels or, at least, put a good dent in their system.”

Those who opposed the idea were vehement in their rejection.

  • No name – “Your guy has got to be out of his mind!!! I have a sibling who is addicted to alcohol and is now in an assisted living home as she has alcohol induced dementia as a result of drinking too much and adding across the counter medications to the mix!! She is a ward of the state. Great idea…legalize everything! What an Idiot!!!”

What’s your opinion of drug legalization? Do you think it will help solve the financial crisis? Do you think it’s similar to prohibition of alcohol in the 1920s? Share your thoughts with us.

FULL POST


Filed under: We Listen
March 24th, 2009
12:00 PM ET

Ladies first for pink slips?

CNN's Alina Cho reports on a group of women who claim they were laid off on Wall Street because of their gender.
CNN's Alina Cho reports on a group of women who claim they were laid off on Wall Street because of their gender.

“When I got that tap on the shoulder I just was flabbergasted. I was amazed.”

Brittany Sharpton recalled the day last November when she was laid off from her job as an infrastructure analyst at Citigroup. When the 23 year old joined the investment firm in 2007 she envisioned rising up through the ranks and becoming a senior manager. Instead, she was handed a pink slip. Even more amazing to Sharpton was that every woman in her group was let go.

“There was just absolutely no discretion, no regard not only with performance but keeping a generation of women in the group.”

FULL POST


Filed under: Economy • Women's Rights
March 24th, 2009
11:15 AM ET

Advice for Treasury Secretary Timothy Geithner

Treasury Secretary Timothy Geithner testifies on Capitol Hill today.

Treasury Secretary Timothy Geithner testifies on Capitol Hill today.

Advice for Treasury Secretary Timothy Geithner: Never let 'em see you sweat.

Especially when you're getting grilled on Capitol Hill. With the AIG bonus debacle still fresh, members of Congress are sure to milk every minute of their allotted time to get a good soundbite for their local news. Depending on how cynical you are, Geithner either faces tough questioning to get to the bottom of the mistakes that led to the AIG bonus payments, or Geithner is simply a player in Congress's political theater. (Geithner knows the drill: he has testified seven times already in this young administration.)

There will no doubt be preening and screaming from some about who knew what and when about those now infamous bonuses.

FULL POST


Filed under: Economy • Politics
March 24th, 2009
10:30 AM ET

Kiran: Tuesday Roundup

Happy Tuesday morning!

Legalize drugs?

The idea is gaining some unlikely support in the wake of the growing violence in Mexico. Since late 2006, Mexico’s drug violence has killed more than 9,000 people as cartels and gangs battle each other for territory and fight against government crackdown. The violence has spilled over the U.S. border where kidnappings and killings are on the rise. Read more.

There's a school of thought that it will take more than increased law enforcement to combat the drug problem. Some are now calling for legalizing ALL drugs, not just marijuana, in order to win this war. One of those voices, leading Harvard economist Jeffrey Miron, made the case for legalization on American Morning. Here's my interview with him today.

Here is Jeffrey Miron’s commentary I was talking about and another one with a counterpoint.

As always we'd like to get your thoughts. Comment here or follow us at twitter.com/amfix and twitter.com/kiranchetrycnn.

See you tomorrow!

Kiran


Filed under: Drugs • Mexico • Roundup
March 24th, 2009
10:00 AM ET

Churches hit by recession

Churches across the country are struggling with the recession. CNN's Jim Acosta reports.
Churches across the country are struggling with the recession. CNN's Jim Acosta reports.

We've heard about bailouts for banks and homeowners.

But what about churches?

Nobody is talking about such an idea. But churches are also being hit hard by the recession. Houses of worship are having trouble completing projects. And some are even going under.

Watch


Filed under: Economy • Religion
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