Patt Morrison for September 15, 2009

The Recession is Over! (But not really)

This morning Federal Reserve Chairman Ben Bernanke made international headlines when he was quoted as saying that that the American recession was “very likely over.” The only problem is that Bernanke himself went on to contradict that statement by warning that the economic recovery would be very weak and very slow—and one major lingering problem is the continued instability of the housing market. Is there real reason to feel optimistic on the economy, or is it possible that the worst is yet to come?
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Relighting the MATCH Act

The tragic devastation caused by the Station Fire has fueled Congresswoman Mary Bono Mack and Congressman Adam Schiff to step up their appeals to the Senate to pass H.R. 1759 – Managing Arson Through Criminal History (The MATCH Act). The legislation, similar to Megan’s Law, would establish a nationwide registry of convicted arsonists for law enforcement to better prevent repeat offenders. It passed easily in the house in 2007, died in the Senate and was reintroduced this year. Patt speaks with Congressman Schiff, who has visited fire-ravaged areas and seen the damage for himself.
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Leno Reception

Audiences tuned in but critics were not impressed. What was up with those 6 seconds of Kanye silence, Jerry Seinfeld, and how long can Leno keep up his first-night ratings?
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Fashion Faces Paradigm Shift

The world of fashion is facing a major challenge. No longer can the elite arbitrate style and taste, as the internet brings cheap chic and fast fashion to legions of consumers. Can this $300 billion business stay ahead of the curve?
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I’m Dying Up Here!

The world inside comedy clubs in the 1970s and the struggles of newcomers to make it big is the core of Wiliam Knoedelseder's new book, "I'm Dying Up Here: Heartbreak and High Times in Stand-Up Comedy's Golden Era."
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