Here are the big stories on the agenda today:
- The fight to keep more money in your pockets. President Obama is meeting with top executives of credit card companies at the White House today. He’s looking to crack down on sketchy fees and corrupt lending practices. With car sales at historic lows and a massive backlog of unsold vehicles, General motors is reportedly set to announce the bulk of its plants will shut down for up to nine weeks over the summer. GM’s 55,000 workers could get the word on which ones will be affected as early as today.
- Another domino falls. Secretary of State Hillary Clinton warned Wednesday that Pakistan is in danger of falling into terrorist hands because of failed government policies. Taliban militants, who implemented Islamic law in Pakistan's violence-plagued Swat Valley last week, have now taken control of a neighboring district which brings them closer than they've been to the power center of a nation with nuclear weapons. We’ll ask a Former CIA Islamabad station chief what we can do, if anything to stop this.
- Fidel’s Two Cents. Just when everyone is hailing the Big Thaw between U.S. and Cuba, Fidel Castro weighs in – again. In one of his seemingly endless essays, the ailing former president says Obama "misinterpreted" his younger brother Raul Castro – who offered to talk about "everything" including human rights and political prisoners with Obama. Fidel Castro says Raul is merely showing his faith in Cuba's Revolution. All of which raises the ongoing question – just who's in charge in Cuba anyway?
- Michelle Obama’s style. It’s not just what she is wearing that is intriguing, it’s the possibility of what she could wear that has designers inspired. With the world watching to see what she’ll wear next, it’s no surprise that Michelle Obama has become a muse to many. In his fall line, Elie Tahari has created the “Michelle” dress. It’s more casual than what we’ve seen her wear, but more practical for day- to-day and more realistic for those who would like to emulate her style.