Archive for February 20th, 2009
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What is nationalization?
What does it mean to nationalize a bank, anyway?
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NYT: Obama widens missile strikes in Pakistan
NYT: With two missile strikes over the past week, the Obama administration has expanded the CIA’s covert war inside Pakistan, attacking a militant network seeking to topple Pakistan’s government. -
U.S. Lawmakers Clash Over Nationalizing Banks to Stem Declines (Bloomberg)
Bloomberg – Feb. 21 (Bloomberg) — U.S. Senate and House Democrats who
steer financial-industry legislation clashed over having the
government take over some banks as a way to help lenders that
have been hammered by the worst economic slump in 75 years. -
Your Weekly Address: 2/21/09
President Obama announces that the American Recovery and Reinvestment Act will start having an impact as soon as a few weeks from now, in the form of the quickest and broadest tax cut in history.
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Your Weekly Address: 2/21/09
President Obama announces that the American Recovery and Reinvestment Act will start having an impact as soon as a few weeks from now, in the form of the quickest and broadest tax cut in history.
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WH tightens vetting of nominees, taxes (Politico)
Politico – The White House has dramatically tightened its vetting process following embarrassing revelations of past tax problems by several nominees, according to two officials familiar with the process.
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Stimulus: It’s law. Now on to budget
President Obama took two big steps forward this week in his campaign to heal the nation’s ailing economy: He enacted a stimulus bill and pulled back the curtain on his plans for helping homeowners.
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Clinton: North Korea can’t drive ‘wedge’ between U.S., South
North Korea is “badly miscalculating” if it thinks its diplomatic bluster and maneuvering can “drive a wedge” between the United States and South Korea, Secretary of State Hillary Clinton said Friday.
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Obama vows to spend stimulus money wisely (Reuters)
Reuters – U.S. President Barack Obama vowed strict oversight Friday of his $787 billion stimulus plan, pushing back against Republicans who have labeled the centerpiece of his economic agenda fiscally irresponsible. -
Cartoonists treading lightly when drawing Obama (AP)
AP – Cartoonist Lalo Alcaraz was in front of a classroom full of black and Latino kids, drawing presidents. He sketched Bush, then Clinton. Next came his favorite, the man he voted for: Obama.
