Texas

Film critic Owen Gleiberman reviews the recent video release of "The Last Picture Show," which was first released at the beginning of a new renaissance in American filmmaking. He describes it as Peyton Place directed by Ingmar Bergman.

Journalist James O'Shea is former chief economic correspondent for The Chicago Tribune. His book, "The Daisy Chain," is a case history of what went wrong with the Savings and Loans in this country. It looks at an S&L in Vernon, Texas owned by Don Dixon who was recently sentenced for defrauding regulators, illegally spending depositors' money, and other misdeeds.

Rock historian Ed Ward profiles Roky Erickson and the Thirteenth Floor Elevators, a sixties group that put Texas on par with the psychedelic bands from California.

Joe "King" Carrasco is a singer and guitar player who plays contemporary Tex-Mex music. Carrasco is of German descent, but celebrates the rise and innovations of Latino culture.

Country musician Kinky Friedman is know by some as "Texas Jew Boy." His songs, including "They Ain't Makin' Jews Like Jesus Anymore" and "Ride 'Em Jew Boy," often have anti-semitic, racist, and sexist lyrics. While some take the lyrics seriously, others appreciate the satire. He joins the show to discuss his work.