President Obama and Republican challenger Mitt Romney, as predicted, took on the challenge of being funny last night at the annual Al Smith Dinner in New York City — which as we said Thursday has become a quadrennial must-stop on the campaign trail for those seeking the White House.
As NPR's Scott Horsley reports, they "added a laugh track to their campaigns."
Originally published on Fri October 19, 2012 10:14 am
Chicken Little was running wild 25 years ago today. But one could hardly blame the poultry for panicking.
On Oct. 19, 1987, the stock market plunged a record-setting 23 percent. The next day, the New York Daily News' front page screamed "Panic!" and a New York Times headline asked: "Does 1987 equal 1929?"
Turns out, the 1987 plunge was a mere stutter step. The Dow Jones industrial average, which closed at 1,739 that day, quickly bounced back. Within a decade, the stock-price average had nearly quintupled.
Robert Griffo was living the high life at an investment firm on Wall Street when the stock market crashed 25 years ago on Black Monday. Along with the Dow Jones industrial average, Griffo's life tumbled.
Griffo tells StoryCorps he worked with the investment company for 11 years.
"I was making a lot of money," he says. "I used to walk over homeless people at Grand Central Station when they were begging for money, and I'd say, 'You need to get a job.' But I lost myself on Wall Street."
When the market crashed on Oct. 19, 1987, Griffo thought he would be let go.
Records of Boy Scout leaders accused of child molestation between the mid-1960s and the 1980s were made public today. The Oregon Supreme court ordered the release of the so-called "perversion files" over the objections of the Boy Scouts of America, who wanted them to remain confidential.
Robert Siegel talks to New York Times columnist Nick Kristof about his friend and college roommate Scott Androes, who was diagnosed with Stage Four prostate cancer. In two recent columns, Kristof wrote about Androes, who didn't have health insurance at the time of the diagnosis. In Thursday's paper, Kristof writes that Androes drifted into a coma Sunday and died Monday morning.
Google's high-flying stock hit some turbulence today. Its shares were down as much as 10 percent before trading was temporarily halted. The drop came after the company's quarterly earnings report was released prematurely, a report that showed Google struggling in the third quarter. NPR's Steve Henn reports.
One area where President Obama and Republican presidential candidate Mitt Romney clearly disagree is defense spending. The president wants less, Romney wants more. But the difference in their approaches is about more than money.
When Romney looks at the future, he sees a series of threats: from unrest in the Middle East to a nuclear North Korea to what he sees as a defiant Russia.
Speaking to veterans in Virginia's Fairfax County last month, Romney blamed the Obama administration for cuts that will go into effect unless Congress and the president act.