A great podcast Planet Money -- helping us to understand our economy & inspiring me to think outside the box

I download daily if not weekly a podcast that really helps me better understand the news about out country's economic challenges/decisions. It does not sensationalize the news but describes it in simple terms and explanations.

This post is being written soon after I heard a Planet Money podcast. Each Mon, Wed and Fri these Podcasts brake down what is happening in our economy to a level where one can easily understand it. They talk about the big picture, but they brake down a piece of current economic news to bite size portions. If you haven't heard this podcast check it out. It will be well worth your time.

http://www.npr.org/blogs/money/

Here is a one link I recently heard that was both entertaining and enlightening to our current economic situation. I wish I had thought of the this "Bailout Bill" business model. There is some money in this idea.

http://www.npr.org/blogs/money/2009/02/hear_meet_bailout_bill.html#more

We now live in interesting times where a new chapter in economics is being written about how exactly to save a country with the largest GDP (despite a sizable decrease in 2008), declining consumer spending, and a growing deficit.

The question now is whether John Maynard Keynes economic theory is correct or not? Can Obama make FDR-like programs work today and can we survive through this turmoil without loosing all our individual wealth. You make the call.

I will be interested in your feedback on this subject.

More to come.