There are many reasons for the economic crisis confronting our nation and the financial crisis facing so many of our citizens. It’s clear that major financial reform is needed. This is one area where most Americans are in agreement. Will the bill that emerges be one that will provide the changes and protections needed to make it more difficult for the country to be devastated again? That depends on whether or not we have a majority of our elected officials insisting on meaningful reform instead of watered down reform. Carl will look at where the parties stand at this point.

Lynn Bailey is a health care economist who provides consultation services and helps the rest of us grasp what’s happening in the healthcare economy. She’ll join Carl to explain what the new health care reform law means to us.