Bailout or No Bailout?

The United States Congress is to represent the American people. Unfortunately, they have failed to do this by not passing the $700 billion bailout plan that would have saved homeowners that are on the brink of foreclosure. What they failed in is that they put deontological philosophy before teleological aspects. Which is more important, making sure executives are not compensated, or keeping people in their homes? What the leaders failed to do is communicate to Congress in plain English what this bill would do for the American people. Paulson, the former CEO of investment house, Goldman Sachs, and Bernake, the former Princeton economics professor explained the bill in jargon only sophisticated investors would understand. I have been a stock trader for almost three years and even I didn't understand. Something must be done, or we will see more 777 point declines on the Dow.

Chrissy Jordan
POS 2041
Fridays, 8:00-11:00 AM CDT

Young Voters

The other day I was discussing with someone about those who are just now coming into the age to where they are legally able to vote. It got me thinking about how many of these people who are now eligible to vote in this 2008 presidential election are really involved in finding out what each political party stands for and creating a stance on what they want in the coming years to help determine their vote. As well, I was curious about whether any of the up and coming potential voters, were even going to vote at all.

Are people today, especially our nation’s youth voters, really informed about McCain and Obama and their stance on issues we face here in America? Personally, I believe that people today, especially young voters, have great knowledge on what each party stands for thanks to our technological advances in these past years. With the web, people can now log onto different news channels, government sites, and political party sites in order to gain information. Young voters are able to get online and exchange information with one another about politics with blogs and discussion boards and gain opinions on issues which we are faced in today’s world.

Now does this mean that people who are eligible to vote are going to? I don’t know, but either way, we young voters should vote because it’s a right that we have gained by reaching the age of 18 and many of the biggest issues in the presidential election greatly affect us now and our future.


Sarah Roberts
POS 1601 - T 6pm

What happened to the experience argument?

Since the presidential race began, McCain has argued that Obama does not have enough experience for the job. So then he goes out and picks Palin as a running mate. She is on the record for saying that she needs to research what the role of vice president encompasses. If I am running a hedge fund and want to take on a general partner, I am not going to hire someone that tells me that she or he needs to look up the difference between a stock and a bond! It is sad when a Republican pigeon-holes himself. This relates to the class because we are discussing candidate comparison.

Chrissy Jordan
POS 2041
Fridays 8:00

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Kenny

POS1601