WALL STREET WEEK {WALL $TREET WEEK} WITH LOUIS RUKEYSER: A BLACK CONSERVATIVE VOICE (TV)
Summary
One in this series of stock market and financial analysis programs hosted by Louis Rukeyser. In this edition, Rukeyser and guests discuss the recent one-drop in stock prices, the worse since the "Black Monday" of 1989. Rukeyser discusses his belief that Congress, computers, and cold feet are responsible for the market's mini-crash and briefly reviews the significant economic news of the week, including the activity of the Dow Jones Industrial Average and broader indices before introducing the following guests: Martin Zweig, president of an investment advisory firm; Louis Holland, president of an investment consulting firm; and Howard P. Calhoun, general partner in an investment advisory firm. Rukeyser asks his guests questions pertaining to the week's sour market, including the following: what happened to precipitate the market's fall; whether they think the economy is entering a double-dip recession; if the week's market activity is a signal for investors to leave the market; whether stocks are overvalued; what the chances are that the market will snap back; what stocks investors should buy; and why bond rates shouldn't go down. Rukeyser then introduces special guest Walter E. Williams with a brief examination of Williams's provocative views on race issues, the civil rights movement, and poverty that have made him a "minority within a minority." Williams joins Rukeyser and his other guests, and discusses the following subjects: how the government is the enemy of black progress; why most other black Americans don't agree with his views; how to fix the problems faced by poor Americans; his radicalism; how the immorality of government -- not racism -- is to blame for the problems of black Americans; and whether black pro-Democratic voting will change. Rukeyser opens the discussion to the other guests: Zweig asks why the percentage of black business school applicants is down; Holland asks whether Wiliams thinks the U.S. government should adopt more anti-apartheid policies; Calhoun asks if the government should continue to spend when in a budget deficit; and Rukeyser asks Williams what he would do if he were in charge of the government over the next year.
Cataloging of this program was made possible by Elizabeth B. Dater in honor of Louis Rukeyser, 2003.
Details
- NETWORK: PBS Maryland Public Television
- DATE: November 15, 1991 8:30 PM
- RUNNING TIME: 0:30:19
- COLOR/B&W: Color
- CATALOG ID: T:28777
- GENRE: Talk/Interviews
- SUBJECT HEADING: Talk/Interviews; African-Americans (See also: Blacks); Stock Exchange; U S - Economic conditions; African-American Collection - News/Talk
- SERIES RUN: PBS - TV series, 1970-2005; Internet - 2015-
- COMMERCIALS: N/A
CREDITS
- John C. Davis … Executive Producer
- Rich Dubroff … Producer
- George Beneman … Director
- Anne Truax Darlington … Created by
- Bonitta Best … Researcher, Writer
- Donald Swartz … Music by, "TWX in Twelve Bars"
- Louis Rukeyser … Host, Interviewer
- Alec Webb … Announcer
- Natalie Seltz … Cast, Ms. Smythe
- Howard P. Calhoun … Guest
- Louis Holland … Guest
- Walter E. Williams … Guest
- Martin Zweig … Guest