In his article, Its not about socialism, it about rescuing Capitalism, Harold Meyerson is calling for a more regulated form of capitalism. He is not calling President Obama a socialists but does compare him to Teddy Roosevelt. Mr. Meyerson does refer to our health-care policy and points out that there are 50 million Americans without health-care coverage and we have the highest infant mortality rate than 41 other countries. This is inconceivable to me- such a high mortality rate in such a technologically advanced country as ours.
Mr. Meyerson says the blame for our economic collapse doesn't belong to one person. The collapse he says is due to a flawed system. A system in need of restructuring if it is to work again.
Sunday, March 22, 2009
A. Oliver Assignment #8
The article called, "It's not about socialism, it's about bringing back capitalism" written by the author Harold Meyerson, is about exactly what it sounds like. It is an explanation of precisely why you can not call Obama a socialists. Mainstream Conservatives are not mad at Obama for being a socialist, they are mad at him for making America's system more European. Socialists liberals, also, do not call his system Socialism, as a matter of fact, socialist Americans disagree with many things that Obama is doing.
The author believes in Obama's plan and goes on to say that if he succeeds in his plans, America will come out to be a more sustainable, competitive and social capitalist nation. However, he seems angry at people accusing them, when in all regards, it's everyone's fault and the flawed American system is to blame.
The author believes in Obama's plan and goes on to say that if he succeeds in his plans, America will come out to be a more sustainable, competitive and social capitalist nation. However, he seems angry at people accusing them, when in all regards, it's everyone's fault and the flawed American system is to blame.
Friday, March 20, 2009
Assignment 8 B Brakefield
In the article "It's not about socialism, it's about rescuing capitalism" in The Washington Post, this article is talking about now that Obama is President we are all being claimed as all socialist now. This article is written by Harold Meyerson and he is saying that really there is more absence of advocates of socialism now then there was in 1930 during the capitalist crisis. Meyerson is standing his ground on being a true democratic socialists and he states that Capitalism bred its own overhaul.
I think that this article was written to prove a point in Meyerson point of view on what he thinks of socialism and capitalism. He is arguing that there is to much silence from the people now when its really time to speak up. This article was written for the public but pointed more to people who are not speaking up as being socialist and wanting capitalism.
I think that this article was written to prove a point in Meyerson point of view on what he thinks of socialism and capitalism. He is arguing that there is to much silence from the people now when its really time to speak up. This article was written for the public but pointed more to people who are not speaking up as being socialist and wanting capitalism.
Assignment #8 J Miller
The article "It's not about socialism, it's about rescuing capitalism" by Harold Meyerson of the Washington Post is directing this to the American people and to the capitalist believers that socialism is taking over. With all the commotion in the media like Newsweek and spokespersons like Newt Gingrich and Mike Hucabee with their lashing comments like "We are all socialists now", "socialist republics" and "European socialism is transplanted to Washington" doesn't help the change that President Obama has in mind. This makes it impossible today to find a left-leaning party anywhere. Conservatives never bashed socialism because it was stalking America but fought against progressive reforms of free universal education, minimum wage or other tighter financial regulations and also keeping the U.S. free from universal health care resulting in the world's highest health care costs. Conservatives attacked Roosevelt as a socialist as they also attack Obama even though he is engaged in rebuilding capitalism not socialism. President Obama's stimulus plan is the only way to inject our economy and also by using more tax dollars for education and research.
As we all know the U.S. is in huge deficit and weather we agree with President Obama's decisions he was elected into office. He actually seems like he really cares in turning this country around and making a difference. The fact is that people hate change but sometimes change isn't a bad thing plus it's not like we have many options anyway.
As we all know the U.S. is in huge deficit and weather we agree with President Obama's decisions he was elected into office. He actually seems like he really cares in turning this country around and making a difference. The fact is that people hate change but sometimes change isn't a bad thing plus it's not like we have many options anyway.
Thursday, March 19, 2009
Tuesday, March 17, 2009
Assignment #6 scastaldo
We are talking about the worlds economic situation in this article written by Paul Krugman in the New York times. Why/how did we get into this situation and how do we get out? Krugman belives it all started outside the US beging mostly in Asian in the 1990's. The real estate market is another cause of some of the problems we are seeing worldwide. The real estate market effects every other market to me. if the housing market is bad then people don't want to buy cars, go casual shopping, go to the movies, or go out to eat, therefor their is not as much money going out into the market to support the workers and it is just a downward sprial.
Krugman says that part of the problem is the "saving glut." Gluttony I belive is part of the problem, but not from those who save money. From people who wanted more then they could afford, from houses, cars, clothes, handbags, all of that. And like anything else living a life style you can't afford will catch up with you eventually, and the fallback from that is what is happening to our economy.
Krugman says that part of the problem is the "saving glut." Gluttony I belive is part of the problem, but not from those who save money. From people who wanted more then they could afford, from houses, cars, clothes, handbags, all of that. And like anything else living a life style you can't afford will catch up with you eventually, and the fallback from that is what is happening to our economy.
Tuesday, March 10, 2009
Assignment #6: A Oliver
In this article, "The Revenge of the Glut" written by Paul Krugman, the author addresses the world's poor circulation of money. Also, he continues on to explain what cheap money is, and why it is ruining the circulation, mainly, by pooling internationally. This article is adressing the entire world. The majority of the article is based on a speech written by Ben Bernanke, the federal reserve chairman.
He states that the begginging of all these problems began in Asia, during the Chinese financial crisis; when China began trying to outsouce itself it began pumping out money into other countries, creating bad money, which drops the value of their currency, most of these funds and resources pooled into America which began to cause problems for our country. Apparently, many people think that Europes countries have magical and untouchable economies, the write of this article contests this and says that if they take the same deregulation steps that we foolishly did, that they will quickly fall into the same detrimental boat that we're in.
He states that the begginging of all these problems began in Asia, during the Chinese financial crisis; when China began trying to outsouce itself it began pumping out money into other countries, creating bad money, which drops the value of their currency, most of these funds and resources pooled into America which began to cause problems for our country. Apparently, many people think that Europes countries have magical and untouchable economies, the write of this article contests this and says that if they take the same deregulation steps that we foolishly did, that they will quickly fall into the same detrimental boat that we're in.
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