Tuesday, September 30, 2008
New Federal Privacy Law!:
just kidding! im currently editing this post due to my atrocious spelling it will be online tonight :]
Wednesday, September 24, 2008
Reflection
In my future blogs i would like to do a few things differently. I want to find other kinds of articles instead of just political ones to see if I can recognize the connections in the text to what we are studying in class. I think that this will make my blogs much more interesting because there will be more of a variety.
In researching aarticles for my blogs my understanding of american politics and their influence in most news stories has become very clear. Whenever I learn a new concept in class I skim through articles in news sources and can relate the concept to the article. I feel like i acctually can understand it and develop an opinion on the situation it is taslking about. In many ways i feel like I am activle participating in our politics by keeping up on it and understanding it.
Tuesday, September 16, 2008
Wyatt Watts 6 Point Plan to Success
Fed’s $85 Billion Loan Rescues Insurer
The New York Times
This article was reported by Edmund L. Andrews, Michael J. de la Merced and Mary Williams Walsh and written by Mr. Andrews.
WASHINGTON — Fearing a financial crisis worldwide, the Federal Reserve reversed course on Tuesday and agreed to an $85 billion bailout that would give the government control of the troubled insurance giant American International Group.
The decision, only two weeks after the Treasury took over the federally chartered mortgage finance companies Fannie Mae and Freddie Mac, is the most radical intervention in private business in the central bank’s history.
This article is about how the government is stepping in and aiding the stock market in an attempt to save our economy. I shared just a little bit but i am pretty sure you get the jist of it. Their solution is to give massive amounts of money to banks to bail them out of this oncoming "crisis."
If I were to give advice to the government it would be essentially along the same lines as what they are doing now. Help banks keep their head above water in order to keep peoples money in order. as far as private businesses go... sorry. I think that its their responsibility to keep their businesses successful, its a risk that they took making their investments.
Wednesday, September 10, 2008
My Faaaavvvv
Federalist vs. Anti-Federalist
In this article Presidential candidate Barrak Obama accuses the republicans of using "swift boat politics." stating that presidential candidate John Mccain is campaigning for exactly the same thing the current administration has been doing.
These are very strong words for Obama to use against Mccain and I think he is taking an Anti-federalist stance on our government in an attempt to win over the American people who he says agrees with him. As an Anti-federalist he thinks that the government is to strong and there needs to be "change" in our current goverment wile John Mccain (the federalist in this situation) is campaigning to keep our government a strong one, more or less the same.
This situation is a classic example of a federalist vs. anti federalist situation that still remains present today. I think it is awesome the the same debate that was going on during the conception of our government still rages on today.
http://www.cnn.com/2008/POLITICS/09/10/campaign.wrap/index.html
CNN's Alexander Mooney contributed to this report.
Friday, September 5, 2008
Got it right the second time (Edited)
The New York Times
Sept 4, 2008
By: Adam Nossiter
http://www.nytimes.com/2008/09/05/us/05orleans.html?ref=us
In the wake of hurricane Gustave New Orleans is moving citizens back into to the city, restoring power and getting back to normal with incredible speed. This is a 180 degree difference from hurricane Katrina where there was no orders to evacuate and help came days to late. The governor of Louisiana has instated hundreds of power generators, and ordered a mandatory evacuation before the hurricane. They are hoping that the system could keep up through the rest of hurricane season.
I thought that this whole situation had a bit of a bitter taste because it took them a devastating hurricane in order to get it right. this reminded me of the concept from the enlightenment about a "social contract" Which means that the only reason a government exists in to represent and protect the people. The government should have protected the citizens of Louisiana during hurricane Katrina instead of trying to make up for their negligence now. As the governor of Louisiana stated in the article they got it right the second time;
"All over the city there were haunting reminders of the period after Hurricane Katrina — traffic lights out, for instance, and in some cases knocked to the ground by high winds — but also clear indications that Hurricane Gustav was utterly different: people sitting on their front porches, only three days after the storm."
Wednesday, September 3, 2008
The goverments
http://www.nytimes.com/2008/09/04/world/asia/04attack.html?_r=1&hp&oref=slogin