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Act Four: The Not-for-profit Motive

To deal with the financial crisis, our own government has also had to reinvent itself, with questionable consequences. This American Life producer Alex Blumberg and NPR's financial reporter Adam Davidson talk to Brad Setser, an economist at the Council on Foreign Relations who used to work at the U.S. Treasury.

Act One

This American Life producer Alex Blumberg teams up with NPR's Adam Davidson for the entire hour to tell the story—the surprisingly entertaining story—of how the U.S. got itself into a housing crisis. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened.

Act Two

Alex and Adam's story continues.

Prologue

Host Ira Glass talks about the way most political apologies go, and chats with a man named Derek Jones about similar sorts of apologies among preteen girls and King David, in the Old Testament.

Prologue

Host Ira Glass talks with Yale law professor Jack Balkin about what he calls the Bush Administration's "lawyering style," a tendency to fight as hard as it can, on all fronts, to get what it wants. Ira also plays tape from a news conference with New York Senator Charles Schumer, in which he takes the Justice Department to task for refusing to pay death benefits to the families of two auxiliary policemen who were killed in the line of duty, even though federal law grants those benefits.

Act One: The Prez Vs. The Commish.

Ira Glass tells the story of a little-known treaty dispute with far-reaching ramifications for our understanding of executive power. The dispute is between the President and one of his appointees...to the International Boundary Commission with Canada.

Act Two: This American Wife

This American Life contributor Jack Hitt uncovers a strange practice within the U.S. Citizenship and Immigration Service.

Act Three: 44

Ira Glass interviews Charlie Savage, a Pulitzer Prize-winning reporter for the Boston Globe, who's written a book called Takeover: The Return of the Imperial Presidency and the Subversion of American Democracy about the ways the Bush Administration claims executive powers that other presidents haven't claimed. Charlie talks with Ira about the current candidates for President and their views on the scope of executive power.