Politics is the ultimate game of risk and reward. Seldom have the stakes been higher than they are for President Obama and the Democrats with the pressure to pass healthcare legislation. There are great risks in failing to pass reformist legislation. There are also perils if the legislation passes.
Democrats face the potential of major congressional [...]
If you find the entire realm of political discourse exhausting at best, you’re not alone. We, as human beings, aren’t built to function in a constant state of mental and emotional extremes, and as a result our brains redirect or shut down when they’ve had enough of something.
This can make keeping up with politics about [...]
Some call it ‘cash for trash’, while Morgan Stanley believes it will do some good for the credit markets. Treasury Secretary Timothy Geithner revealed the Obama administration’s plan to help buy up to $1 trillion in bad bank debt. These toxic assets have been weighing heavily on the financial and banking institutions, limiting their ability to loan money and making credit hard to come by for many families. The plan was met with general approval from Wall Street investors, as the Dow Jones industrial average skyrocketed 497 points, making March 23, 2009 the fifth largest single-day point gain ever.
Tags: Bad Debt, Barack Obama, dow jones industrial average, Economy, Money, Politics, President, Timothy Geithner, Toxic Assets, Treasury Department, White House
With the onslaught of every new politician into the political arena we see what seems like the same promise over and over, “I’m not like the other guys.” Unfortunately with the passage of time and intensified scrutiny there are few to none that seem to be able to play the game of politics without at [...]