assignment # 6 Mperez

The article "Revenge of the Gult" was written by Paul Krugman in the New York Times. It was directed to the american people in the country showing them that we could have prevented all that happened in the country. Paul Krugman talked about the "Subprime Crisis" and how it was such a worry. He also say that subprime was nothing to worry about. Kurgman answers the question "How did this global debt crisis happen?", with a speech given by Ben Bernanke. Bernanke's speech, titled “The Global Saving Glut and the U.S. Current Account Deficit",foreshadowed what is happening to our economy four years ago. He points out the mid-1990's emerging economies of Asia had been major importers of capital, borrowing abroad to finance their development. Krugman explains how we got into what we are in now. I think this was written to have the american realize that there were so many different ways that we could have avoided aleast some of the situation that were in and no one did anything to try and stop them. So basically were paying the consequence for our actions.

Assignment # 6 S. Suarez

The article "Revenge of the Gult" was written by Paul Krugman in the New York Times and was directed toward the american people in order to show how there were so many ways we could have avoided the situation that the country is facing now. The article was written toward the public showing that all the warning signs were there and we all refused to listen to them. Krugman arguse that there was so many ways to avoid alot of this but the american people refused, and now we are paying the consequences.
The article also talks about the "Subprime Crisis" and how it was such a worry if it could be contained. He also shares how subprime only contributed just a small fraction to our problem today. Kurgman states the question "How did this global debt crisis happen?", and replys with a speech given by Ben Bernanke. Bernanke's speech, titled “The Global Saving Glut and the U.S. Current Account Deficit", foreshadowed what is happening to our economy four years ago. He points out that the emerging economies of Asia in the mid 1990's had been major importers of capital, borrowing abroad to finance their development.
In conclusion, The article brings up key points on how in the past these future events were predicted to happen but we did nothing to try and stop them. Now we have to deal with the consequences of our actions.

Assignment 6 bbrakefield

In the article "Revenge of the Gult" by Paul Krugman, in the New York Times. Krugman starts out talking about the "Subprime Crisis" and how it was such a worry if it could be contained. He shares how now that subprime was just a small fraction of our problem today. Kurgman answers the question "How did this global debt crisis happen?", with a speech given by Ben Bernanke. Bernanke's speech, titled “The Global Saving Glut and the U.S. Current Account Deficit", foreshadowed four years ago what is happening now. He points out the mid-1990's emerging economies of Asia had been major importers of capital, borrowing abroad to finance their development. Krugman simply expalins how we got into this mess.
This article was written I think as a simple slap in the face to Americans as to how there were so many ways we could have avoided aleast some of the situation we are in now. The article was written to the public showing that all the warning signs were there we all refused to listen to them. Krugmans argument is that there was so many ways to avoid alot of this but America refused now we are paying the consequence.

Assignment #6 E. Lear

The article is from the New York Times and the author is Paul Krugman. The article is tiled Revenge of the Glut. Funny title but it says it all. We have moved away from the old days when we use to worry about the Russia are going to attack and the atomic bomb fallout. Now worry about the econcomic more than we do about the wars. We worry about own money and how we are going to get by.
The author states that we has a nation have to worry about the Globely Crisis before we can worry about anything else because if we don't get the Globely Enocomic in check we are going to loss the battle of the Crisis at hand. We need to get own government back in order and get own stock market back to the norm and we need to check the banks captial because if we can get the banks to start doing the loans and get the money out there and stop worrying about the governments stress test. The banks should open there doors and stop worrying about things that are dumb. And they need to be shone that there are the once hurting our enocionmic the most has of now.

Assignment #5: A. Oliver

In the article, "Will: The continuing fall of Federalism" written by George F. Will, the author is angry at the apparent stupidity of our leaders. Feingold is one that he lists on several occasions when referring to people who seemingly don't have a clue.

I believe that Will agrees with him on several arrangements, such as a speculation of the balances of power; however, I am getting the feeling that author sees Feingold as being lazy and sloppy. The author clearly does not want to simply change the problem, at the risk of merely creating another; he wants to be more direct, and get rid of it altogether. He comically picks at Feingold, saying that "Feingold must troubles with the plurals", this is referring to him wanting to go to every single state and tediously change each state code. Feingold has two solutions and the author despises both.

Asignment 5 BBrakefield

In the article "Will: The Continuing fall of Federalism" by George Will in the Washington Post; Feingold is trying to amend the Constitution to make every other state to follow Wisconsins ways of electing senate seats in case of vacancies. I think this article is directed toward any American who is against Federalism and want to keep the framework that is already in place. I think the author wanted to ensure the priciple of seperation of powers was enforced.

Assignment #5 areid

The article this week discusses Senator Rus Feingold's plan to rid the Constitution of the 17th Amendment. The author discusses why Feingold would like to get rid of the amendment and why he would want it gone but he also makes fun of Feingold at the end of the piece. The reader would have to believe that the author does not think to highly of Feingold because of other ideas that he has had. The author might like the idea of getting rid of the 17th Amendment but coming from Feingold's mouth; the author would rather not listen.
Feingold wants to rid the 17th Amendment because he does not the that appointing people on the Senate for their individual state really is not the voice of the people. He thinks that the seats of the Senate should be elected for just like the other two braches of power, House and President. The author points out that this would take forever to elect all of the Senators from each state but I beleive the Feingold is right that we do need to elect the Senate seats because I feel that they would hear the voice of the people more.
Lastly, the author does poke fun at Feingold's thoughts that hurts Feingold's creditability. Feingold wanted to put a stipulation on government's speeches. The author says the with Feingold's thoughts he would also be rewriting the 1st Amendment.
“Congress shall make no law ... abridging the freedom of speech unless it really, really wants to in order to guarantee that there will be only as much speech about the government as the government considers appropriate, and at times the government approves.”
Really?!?