Business & Economy

Robert Rector is a policy analyst at the conservative think tank, the Heritage Foundation. He is credited wiith being the driving force behind the rightward swing of the newest GOP welfare reform. He believes the welfare system creates illegitimacy, and that, "the more you spend [on welfare] the more clientele for the programs you create." He also believes to bring people out of their "behavioral poverty," they need to work for their assistance.

William Greider is a political reporter for Rolling Stone Magazine. His most recent contribution is titled, "Why the Rich Get Richer." Greider speaks with Terry about his most recent article, the status of our economy, and the just announced interest rate hike. Greider is also author of two best-selling books "Secrets of the Temple" and "Who Will Tell the People: the Betrayal of American Democracy."

Steven Levy is an expert on computer technology, a Fellow of the Freedom Forum Media Studies Center in New York, and a columnist for the magazine "Macworld." His new book is "Insanely Great: The Life and Times of Macintosh, the Computer that Changed Everything."

Commentator Gerald Early reflects on the black middle class, which he says doesn't enjoy the same benefits of its white counterpart.

Tonight, PBS debuts the documentary series, "America's War on Poverty: Untold Stories from the Front Line." The five-part series examines President Lyndon Johnson's War on Poverty, which he declared during his State of the Union Address in January 1964. It included programs like Head Start, and Job Corps. Terry will talk with Executive Producer Henry Hampton and journalist and consultant Nicholas Lemann.

Journalist Steven Levy, author of "Hackers," is one of the premiere writers on technology. He writes The Iconoclast column for "Mac World" magazine, and is a contributor to "Wired," "The New Yorker," and the "New York Times Magazine." He talks with Terry today about e-money — the electronic currency of the future. Levy has an article in the December issue of "Wired" about the computerization of money.

Writer and former "New York Times" advertising columnist Randall Rothenberg's new book is "Where the Suckers Moon." He follows Subaru's ad campaign from start to finish, from choosing a new ad agency to the finished commercial's debut during the Superbowl.

Twenty-five years ago, most of the middle class wasn't involved in Wall Street affairs, and investments were for the rich. Now that's changed, in what financial journalist Joseph Nocera calls "a money revolution." Nocera has written "A Piece of the Action: How the Middle Class Joined the Money Class." The book explores how the middle class became involved in the stock market, largely, he says, through the rise of credit cards, mutual funds, and discount brokerage houses.

The former television executive has written a memoir called "Tinker in Television." He was co-founder of the production company MTM Enterprises with his then wife Mary Tyler Moore. He left MTM at the peak of its success to become the chairman of NBC, and made it the top-rated network, with shows like "Cheers," "The Cosby Show," and "St. Elsewhere."

Evan McKenzie is the author of "Privatopia: Homeowner Associations and the Rise of Residential Private Government." He is an assistant professor of political science at Albright College in Reading, PA, and has represented homeowner associations as an attorney in California. McKenzie says that the rise of these entities inevitably affects everyone -- including those who live in communities not bound by their rules.

Mike Hudson is a contributing editor for "Southern Exposure," a public policy magazine. He recently wrote a series of stories on the "poverty industry" -- how pawn shops, finance companies, and rent-to-own stores charge high interest rates, sometimes as high as 35%, to people who can almost never pay them back.

David Whye is a poet who uses poetry to teach corporate executives and employees how to find satisfaction in the workplace. In his new book, "The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America," Whyte looks at the ways people can use their careers not only as a means to earning a living, but as a way of finding personal happiness. He has served as a consultant for such companies as AT&T and Kodak, and runs a small press in Seattle, Washington.

Hamilton's new novel is about a Midwestern farm family whose lives are changed irrevocably by one terrible incident. Her first book, "The Book of Ruth," won the 1989 PEN/Hemingway Foundation Award for best first novel.

John Helyar's new book, “Lords of the Realm,” looks at the corporate world of baseball. Instead of tracing the history of the game through its players, Helyar focuses on the behind the scenes people-- the agents, owners, and general managers-- who shaped baseball. He's is a reporter for The Wall Street Journal and co-author of the New York Times bestseller, Barbarians at the Gate.

Journalist Christopher Joyce has just written a book, "Earthly Goods," about searching for medicinal plants in rain forests. He'll talk about the history of seeking treatments in nature and the recent attempt of pharmaceutical companies, medical researchers, and anthropologists, to preserve the rain forests while they search for cures to disease.

Fred "Chico" Lager, former CEO of the Ben & Jerry's ice cream company. He joined the company in 1982, and together with Ben Cohen and Jerry Greenfield, built the company from a small ice cream parlor to a $100 million publicly held company. Lager just wrote a book, "Ben & Jerry's: The Inside Scoop" about his experiences building a successful business while upholding the founders' original philosophy of business as a catalyst for social change.

Christopher Buckley has just written a new political satire, "Thank you for Smoking" (Random), which pokes fun at everything and everyone associated with the tobacco industry-- from anti-smoking advocates to tobacco company executives. Buckley was George Bush's speechwriter from 1981-1983 when Bush served as Vice President. The son of William F. Buckley, he is the author of other political and social satires, including "The White House Mess" and "Wet Work." He is the editor of "Forbes FYI" magazine.

Former Mouseketeer, Annette Funicello. At the age of 12, she was discovered by Walt Disney at a dance recital; he was looking for kids for his new show, "The Mickey Mouse Club." Funicello became the "most popular" Mouseketeer, and went on to star in a number of Disney films: "The Shaggy Dog," "Babes in Toyland," and "The Monkey's Uncle." Before she went to star in the beach party movies for which she is also known, Disney requested that she wear a one-piece bathing suit instead of a bikini. Funicello agreed.

James Fallows. He's the Washington Editor for the "Atlantic Monthly" and the author of a new book, "Looking at the Sun" (Pantheon). Fallows examines new political and economic systems that have arisen in East Asia which challenge Western principles of capitalism and democracy. Fallows argues the impact of Asia on the West has been hidden by America's false perception about the "success" of individual enterprise and rights in the area.