Once again, it's time for our analysis of the week that was in our weekly Friday Flashback.
Joining us from the island of Manhattan is Heidi Moore, finance and economic editor for the Guardian. Here in the studio is James Rainey, political columnist for the Los Angeles Times.
We'll talk about Chuck Hagel, the former Republican Senator from Nebraska who has been nominated as Defense Secretary. Yesterday his former fellow Republicans blocked his nomination, at least temporarily. Democrats called it a filibuster, but the GOP says it's just a delay.
Also, why is N.Y. Mayor Michael Bloomberg shelling out millions for the L.A. School Board election?