Friday, March 27, 2009
Steveb Assignment 8
Monday, March 23, 2009
Assignment # 8 rmiskelly
Harold Meyerson of the Washington Post concludes that it was "our own damn system" which "blew up." A more social capitalism seems needed to comb over this mess. In speaking to a conservative audience, Harold maintains that this a worldwide crisis.
Sunday, March 22, 2009
Assignment #8 R. Jefferson
Assignment #8 J. Norman
Meyerson says that the spending inObama's stimulus plan is not a socialist takeover. It is merely a way to invest more tax dollars into education, research, and development. If Obama is successful in accomplishing his goals we will have a more social capitalism. The capitalism of the past has not been rightfully regulated causing it to "blow itself up". Regulation is what is needed in Meyerson's opinion.
Assignment #8 J.Mikles
In his article entitled "It's not about socialism, it's about rescuing capitalism," he makes a sarcastic attempt to defend himself and fellow politicians who are in support of the stimulus package and against the way things were going in Washington. He goes on to explain that Obama didn't wanted to take such drastic steps toward socialism, it is just what he felt needed to be done to fix the problems in our capitalist system and that he only conspirators behind the movement are ourselves.
Saturday, March 21, 2009
Assignment #6 S.Lewis
It spoke on the warnings given by Bernake and described the loosey regulated systems of other country's as disasters. The large amount of cash inflows gave some countries a feel of wealth until all assets were lost and they were still looked to for their debt.
The argument that this article is making is that there should be more government regulation in countries. There should not be such wide open and loosely regulated economies.
Assignment #8 BTrigg
Friday, March 20, 2009
Assignment #8 Chris Tooley
I completely agree with Meyerson; unregulated capitalism has nearly destroyed our nation. The unemployment rate is growing and it is going to take the nationalization of big business to pull us out. The comparison of Obama and Roosevelt was a very wise choice of words for the article, its going to take a very special, hardworking, and compassionate president to pull us out of this crisis. I saw a lot of ego deflation in the article; Meyerson made it clear that no matter what party we identify with we need to deflate our ego's and accept what is going to work right now, and that is going to be socialist policies.
I feel when our leaders decide to put socialist policies in practice we need to be extra critical of them. It seems; especially in America, that we just sit back and let our leaders make our choices but as soon as socialist policies are in practice we will need to make sure our government is not exploiting/oppressing us with these policies. Its a great time for us to get out there and be actively involved in the policies that Washington is deciding upon.
Thursday, March 19, 2009
Assignment #8 M. Cline
I believe the writer was taunted into writing this article because of all the publicity, from our newspapers to our radio commentators, on our new “socialist “ society transforming into socialistic capitalism with our new President. In addition, I feel he is trying to redeem himself against all public opinions referring to him as having assisted in the capitalistic transformation of our country.
In my opinion, the writer is comparing the past and present political landscapes of socialization and capitalization. The course for the model socialistic party was charted in 1936-the Democratic party, supporters of capitalism. He is stating that we have been living in a deregulated capitalist society that has “blown itself up” due to the lack of governmental regulations and control. These issues have caused a global pandemic recession and it is our fault.
The writer is exerting sarcasm against the conservative parties that are against progressive reforms (which means a free ride for any one who wants it-unless you are a true born American). The conservatives are against the stimulus package, that Obama has devised, due to the way it is being injected into our system and the pork belly agendas that are planned for each and every dollar. The writer seems to be defending this issue.
In addition, he is stating that the government is working to have more control as to what goes on in our economy and probably our lives. The wolves are finally revealing themselves!
Tuesday, March 17, 2009
Assignment #6 J. Hancock
The reasons why we are going into these financial crisis is because our banks loaning money to other countries and are not selling enough of our American goods. If America cuts down on loaning other countries money and sale a little more of our goods then i believe we can make it through this crisis. I do not believe we are as bad as it was in the Great Depression in the 1920's but i do believe we are geting there. I hope that we can get out of this crisis and that the people in charge fo making all the decissions make the right ones because it will be bad for America if we have another Great Depression.
Assisnment #5 J. Hancock
George F. Will tells us the plan that Sen. Russ Feingold has and that McCain supports. Sen. Feingold wants to amend the 17th Amendment. The 17th Amendment says that the "Excutive Authority" of the affected state can issue writs of election to fill vacancies if a senate vacancie occurs. Fengold believes that the people should be able to vote for the senator to take the other senators place and not the person with the "Excutive Authority".
I agree with Sen. Feingold because the American people are supposed to vote for the senator of their state anyway. If something were to happen to the senator that is in the current position and some how has to leave the senate, the people should be able to vote another one in even though the other senator did not finish his/her term.
Monday, March 16, 2009
Assignment #6 JPernick
Years ago, we thought we had a financial crisis on our hands, but it turns out that today this situation is much more serious. The author says that foreign countries back then saved their money, but in this crisis that is probably not the best idea. Investments are going to need to be made to keep this global depression from getting any worse. Don't repeat mistakes from the past. If it didn't work, then try something that will. With the economy as bad as it already is, there is no room for mistakes and there is certainly not a lot of time to make these decisions. I just hope that the people in charge of making the decisions make the right ones toward a healthy economy. The only thing is we just have to ride it out and wait for better days....but who knows when that will happen.
Sunday, March 15, 2009
Assignment # 6 R.White
Assignment # 5 R.White
Feingold and McCain have a good point. If feingold could change the constitution it would help stop some of the corruption in the senate but not all of it. Another thing is would we even allow one man to change The constitution thats been holding this country together? I mean, he does make a point having the people vote who gets put into senate would stop alot of arguement because we put them in.
Assignment #4 R.White
One big problem for this to happen is for states and officials needing to decide what they will do with the money. There are many arguements between mayors and govenors because they are worried about who would get the most money. If you think about it there are a lot of things that each state needs help with like roads, buildings, bridges, education and medicaid. One state in particular thinks that President Obama's plan is a bad use of goverment policy and spending. I think if we could find a way to spend the money wisely and quickly, maybe we could end up fixing the economy a little.
This article's audeince of course is to the people of the U.S.A. who actually cares about whats going on in society. It was written to inform us how the stimulus plan could benefit us.
Monday, March 9, 2009
CMcCray Assignment #6
Sunday, March 8, 2009
Assignment #6 -D.HESS
Assignment #6 N.Orr
The arthur says that Ben Bernanke gave a speech four years ago that foreshadowed the bust to come. He states the cause stemmed from Asia and not America. It appears that this is not the first time we and other countries have been in a crisis, but now maybe the worst. We as a people have all contributed to the crisis, whether it's from wasteful spending, approving bad loans, or making risky business decisions that in the end affects everyone. And as the arthur stated we're still looking for the way out.
Assignment #6 H.Miller
As more people are of age to obtain a credit card, debt in America will continue to rise. This seems like a never ending cycle that hopefully our new President can fix. The outragious deficit that America has is very scarry because it feels as if another country owns the US. I hope this will end soon, but i am afraid it has only just begun.
Assignment #6 R. Jefferson
Saturday, March 7, 2009
Assignment #6 J. Norman
Assignment#6WHairr
Ben Bernanke, the Federal Reserve chairman. Krugman's beleives that the crisis was caused by countries saving their money, instead of investing it. Because the countries and business within those countries did not invest it lead to other countries not making money on their exports. Krugman also says that we are doing the same thing now, which is saving instead of investing, but we are doing it more.
Krugman's article and point of view makes sense to me. I can totally see why saving instead of spending would cause a world-wide economic crisis. Before I read this article, I really did not understand what caused the world-wide finacial fall. But, now I understand it a little better. I also understand why business and countries want to save now instead of spend. But, then if they do invest or spend money on different things then they would be left pennyless. So what should they do?
Friday, March 6, 2009
Assignment #6 M. Cline
The article was written as a comparison of the past “subprime lending crisis” (subprime borrowers… more likely not to pay the money back, such as those who have a history of not paying loans back, those with a recorded bankruptcy, or those with limited debt experience) to the present day economic downfall. It is directed to all audiences who are confused as to how we got into this situation. Who is responsible and how did this happen?
In my opinion, the writer is stating the reasons our Nation is in this crisis are due to the Asian markets, the U.S. lowering interest rates to increase capital, and citizens living beyond their means. Asia was a huge importer of capital, but after their economic crisis, they started hoarding huge amounts of foreign assets and exporting “cheap money” to any country who would take it. Namely, the U.S. because of the extent of our financial markets (creating an immense trade deficit) and greed. Still, the banking industry is to blame as well. The banking industry has loaned out more money than it has received. By withholding the true facts from the borrowers, especially in the mortgage industry, this empowered the banks even further to create a huge consumer-spending boom that most did not qualify for the financing. Therefore, placing the consumer in a financial crisis, even bankruptcy, for which the taxpayers have to pay back. In addition, greed dominated the consumer. Instead of saving money and paying cash or minimal financing for purchases, consumers financed items that they truly thought were going to increase in equity and put cash in their pockets, regardless of affordability. Credit was so easy to obtain and accessible. Paying it back is completely different story!
This crisis has caused a domino affect throughout the Nation. The world has held a false perception as to the increasing wealth in each and every country. Consumers have started saving more and spending wisely, but it is too late to accept responsibility for our past actions. The bubble has burst and this will affect future generations for many years to come.
Wednesday, March 4, 2009
Assignment #5 HMiller
this artical was written to inform the public, but only those who are strongly in to politics would give any interest to.
Tuesday, March 3, 2009
Assignment # 5 rmiskelly
A writer with the Washington Post, George Will discusses in his column Wisconsin Senator Russ Feingold’s disapproval of the 17th Amendment. This amendment says that when Senate vacancies occur the executive authority of the affected state shall issue writs of election to fill such vacancies to make temporary appointments until the people fill the vacancies by election as the legislature may direct. Feingold’s repeal reads “No person shall be a Senator from a State unless such person has been elected by the people thereof. When vacancies happen in the representation of any State in the Senate, the executive authority of such state shall issue writs of election to fill such vacancies.” He has said, of late, that he thinks some governors have wrongfully appointed people to U.S. Senate vacancies, an “immense” threat to the public well-being. His repeal to the 17th Amendment would make the Senate as “responsive to the people as possible.” The purpose of The Senate is to be deliberative, not responsive. The 17th Amendment serves to ground the Senate in the state legislatures giving states the power to resist administrative extensions of the federal government. The Framers (of The Constitution) gave the three political components of the federal government different electors to reinforce the principle of separation of powers. Feingold speaks to slander federalism and nudge the Senate from the functions our Forefathers intended.
George Will intends make evident to the American people the Senators intentions. His audience, I think, is a conservative base.
Assignment #5 JPernick
The author of this article wants to inform America that Senator Feingold wants to Amend the 17th Amendment that gives the executive authority of a state the right to pick a new senator to fill an unoccupied seat. He goes on to say that if this is done, then it would change the way our forefathers wanted this country to be. This is causing a lot of controversy.
So far I haven't personally seen the 17th Amendment effect me in a bad way. I think that it is fair to let the people choose, but honestly I think another senator would probably do a good job of picking out someone new to fill the seat. I would not know who would be best to put there, so i don't see the sense in changing the Amendment.
Monday, March 2, 2009
Assignment #5 cBurt
I believe that the vacant spot should be chosen by the people because it is our right. I do not agree with the fact that Senators should be able to pick their friends to fill a vacant seat, it's just not right.
Assignment #6 T.Sewell
Assignment #5 BTrigg
Will informs the reader of Senator Feingold's intentions along with those of Senator John McCain. Feingold seeks to amend a Seventeenth Amendment that empowers the executive authority of a state to provide a senator to fill an unexpected unoccupied seat. Will argues that this is against the intentions of the founders of our great nation. Election by the people is best for the nation and is what the nation stands for.
Will does not title this article with anything pertaining to senators, amendments, or elections, for this article is not written to only argue his view on the current situation but largely to argue what he feels is happening to the nations government as a whole, a "Continuing Fall of federalism."
Sunday, March 1, 2009
Assignment #5 D.HESS
Assignment #5
I believe the there should be no limitations on free speech. Government should have no right to step in and control our right to free speech. I believe it is oppresive, and is not what our country was founded on.
Assignment #5 N.Orr
The article is directed towards the American people. The basic argument is that Feingold is saying "no person shall be a Senator from a state unless such person has been elected by the people, and not give the executive authority the writs until the people fill the vacancies by election. After all, look at the Blagojevich-Burris situation. The question is if this amendment is allowed, what other fiasco may arise and call for an amendment.
Assignment 5 A. Brakefield
I believe if the government could put someone in power that can help the people then I am cool with the 17th amendment. I want to be involved with this decision but it sounds like no one wants a college student to be involved. One day we’ll change their minds.
Assignment#5 J.Mikles
Presently, the amendment says that if a Senate seat should become vacant, then the Senate has the rite to appoint whoever they choose. Feingold and McCain want the amendment to give the rite to choose to the people through an election. They believe that this will make the Senate more responsive than deliberate.
Due to the recent events in Senate surrounding this very Amendment, I see why Will would write such an article.
Assignment #5 (C.Williamson)
Feingold thinks that holding elections to replace the senators is necesary in order to make the enate as "responsive to the people" as possible. This article, along with a majority of them written by the Washington Post, is directed towards government active people. By us having the priviledge to vote, it is our responsibility to make these type of decisions. This problem is occuring with the Constitution in the State Senate.
I think that our Government can't always handle the pressure of making these tremendous decisions so they count on our opinion. So the basic argument would be...Should we let Feingold make "adjustments" to the Constitution.
Assignment #5 J. Norman
I feel that McCain and Feingold have a valid arguement. Popular vote would allow for less chance of corruption. Allowing the government to decide in the event of a vacancy does not allow the people of that state to determine a replacement of who they did choose. George Will, the author of the article, however, says if the 17th ammendment was repealed there would also be a reduction of risk of corruption since the state legislature would choose senators as the founding father's intended.
Assignment 5 S. Bunn
I personally don't like the idea. I think that the people should be able to vote for the person right off the bat when ever it happens. If the senate has that power they could but anyone in there they want and it could lead to a power shift. I also believe that it is a against what the country believes in. I hope they don't change Feingold also wanted to change freedom of speech. He is crazy that will never side in this country.