Summary
Yesterday President Bush put forth his plan to help stimulate the economy and drive it back up. The president started by saying "our entire economy is in danger." The stock market has dropped. The federal government will buy $700 billion to buy up mortgages. The government will then hang on to those mortgages and then sell them once they are at there wanted value. The money will then be flowed back into the treasury and the economy. Bush said that they hope most if not all the taxpayers money will be returned. The rescue plan is not aimed to help individual companies. Bush is a strong believer in free enterprise but with the given conditions government action is needed.
Opinion
I learned that 70% of Americans do not want this plan to happen. I am one of the 30% that do want this to happen. With the economy is such a downfall and spiralling i believe that government intervention is needed. It is proven that the economy will not recover fast enough on its own. So with the tax payers money the President plans to help the economy grow. I also believe that with this action taking place our economy will see a change maybe not right away but to prevent a recession that not only scar us but our children and our children's children. I believe in free enterprise also but like Bush said with the given situation government needs to take action.
http://www.msnbc.msn.com/id/26891341/
Thursday, September 25, 2008
Friday, September 19, 2008
Details emerge in Palin e-mail hacking
Summary:
Last Thursday vice presidential canidate for McCain, Sarah Palin's email was hacked into. The hacker has been identified and is unwilling to comment. All the hacker said was "I am the lurker who did it, and i would like to tell the story." The hacker said that it started as a prank but due to the panic by the FBI it became much more than that. Gabriel Ramuglia operates an internet anonymity service which the hacker had used. Since the hacker used the service illegally and broke rules Ramuglia is willing to cooperate.
Opinion:
I think that the vice presidential canidate Sarah Palin should have a more complex e-mail password that cannot be obtained through security questions. It is very important that the wrong people don't get their hands on things like email passwords and such. Luckly the hacker was just a pranker that didn't do any serious damage that i think would influence Palin and McCain's campaign. Critics have just been looking for improper political activity to use against Palin, but i think that the people to blame here is either Yahoo or Ramuglia. If someone was trying to hack Sarah Palin's email, Ramuglia should have stepped in and saw that this was wrong. The service that provided the hacker should be shut down immediatly to eliminate the chance for it to happen again.
http://www.msnbc.msn.com/id/26781334/
Last Thursday vice presidential canidate for McCain, Sarah Palin's email was hacked into. The hacker has been identified and is unwilling to comment. All the hacker said was "I am the lurker who did it, and i would like to tell the story." The hacker said that it started as a prank but due to the panic by the FBI it became much more than that. Gabriel Ramuglia operates an internet anonymity service which the hacker had used. Since the hacker used the service illegally and broke rules Ramuglia is willing to cooperate.
Opinion:
I think that the vice presidential canidate Sarah Palin should have a more complex e-mail password that cannot be obtained through security questions. It is very important that the wrong people don't get their hands on things like email passwords and such. Luckly the hacker was just a pranker that didn't do any serious damage that i think would influence Palin and McCain's campaign. Critics have just been looking for improper political activity to use against Palin, but i think that the people to blame here is either Yahoo or Ramuglia. If someone was trying to hack Sarah Palin's email, Ramuglia should have stepped in and saw that this was wrong. The service that provided the hacker should be shut down immediatly to eliminate the chance for it to happen again.
http://www.msnbc.msn.com/id/26781334/
Tuesday, September 9, 2008
Obama Rejects Bush Iraq Withdrawl Plan
President Bush says that he is going to withdraw troops from Iraq but keep them "intact" until the next president takes over. Obama's concern is that the "American people will continue to pay $10 billion while the Iraqi Government sits on $79 billion surplus." Obama says that McCain says he is all about change but McCain believes in the same foreign policy as Bush does. Also that "McCain will continue the overwhelming focus on Iraq that has taken our eye off the terrorists who actually attacked us on 9/11."
I believe in what Bush is doing. To slowly ease our troops out of Iraq because if we pull all of them out right away it would be a drastic change for the Iraqi government. If something were to happen we wouldn't be there to help maintain order and we would be right back where we were. I think that taxpayers are more happy to support our troops over in Iraq than to pay more taxes on things that we don't really need to worry about right now. But at the same time its crucial that we do start to back out of Iraq. We have given a lot to the Iraqi government and helped them to be strong against terrorism. We cannot fight this war forever. I strongly believe that we haven't taken our eye off Afghanistan. We haven't had any threats or haven't heard much from Al Queda or Bin Laden.
9/9/08
Refrence: http://www.msnbc.msn.com/id/26621558/
I believe in what Bush is doing. To slowly ease our troops out of Iraq because if we pull all of them out right away it would be a drastic change for the Iraqi government. If something were to happen we wouldn't be there to help maintain order and we would be right back where we were. I think that taxpayers are more happy to support our troops over in Iraq than to pay more taxes on things that we don't really need to worry about right now. But at the same time its crucial that we do start to back out of Iraq. We have given a lot to the Iraqi government and helped them to be strong against terrorism. We cannot fight this war forever. I strongly believe that we haven't taken our eye off Afghanistan. We haven't had any threats or haven't heard much from Al Queda or Bin Laden.
9/9/08
Refrence: http://www.msnbc.msn.com/id/26621558/
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