Time For Another Bailout? 11/19/2008
Battle lines were drawn and vigorously fought over when the federal bailout of failing U.S. banks was proposed just over a month ago. Most people simply sided with their political leanings, trusting that their elected representatives’ thoughts and actions on the controversial move benefited their beliefs the most. We argued over whether or not these companies were given free reign to carelessly conduct their business with loose, maybe nonexistent regulations. The country was engulfed in an intensely engaging and very important national election that divided us among Party lines making these types of decisions a Democratic vs. Republican one for most people. Now that the companies “we couldn’t allow to fail” have been rescued, it’s time for round two. Add Comment Tuesday night was a historic night in America and around the globe. After Barack Obama convincingly won the right to be called the 44th President of the United States, supporters here in America and around the world celebrated the actual opportunity for a new direction. It’s obvious that the actions and policies of the U.S. affect the rest of the world, and the past several years of leadership have badly damaged people here and abroad. | ArchivesOctober 2010 CategoriesAll |


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