By Frank Rinaldi on August 6, 2009
In the month of September, the federal government passed a bill that called for spending over $700 billion of public money in order to take over failed assets from Wall Street firms. This plan was supposed stop the bleeding and enable the financial markets to start their path to recovery. It is important to note [...]
Posted in National | Tagged economic collapse, economic distress, May 2009, obama, Volume VII Number IV
By Frank Rinaldi on January 28, 2009
Many have forgotten the promise that Barack Obama had made early on in this election: he had promised to accept public financing for his campaign if his opponent did so as well. McCain played Obama’s hand by agreeing to accept public financing, but as it turns out, Obama was merely bluffing. With the opportunity to [...]
Posted in National | Tagged January 2009, Volume VII Number III
By Frank Rinaldi on October 24, 2008
Federal legislators recently passed a $850 billion plan taking many assets off the hands of our troubled financial institutions with the goal of reviving credit markets. While this may at first sound like logical policy that would jump start the staggering economy, the reality is that it is an incredibly flawed one without any [...]
Posted in National | Tagged October 2008, Parents’ Weekend, Volume VII Number II
