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Commentary & Opinion

October 2, 2008
Lexis Nexis - AC
Clarion Call Here On Financial System

By: Newsday (New York)
James Klurfeld. James Klurfeld is a professor of journalism at Stony Brook University.
james.klurfeld@stonybrook.edu

 

 

The failure of the House of Representatives to pass the $700 billion financial bailout bill Monday reveals two very disturbing aspects of our modern political culture: the triumph of ideology over common sense and the...


October 2, 2008
Lexis Nexis - AC
McCain Would Be Wiser On Regulation

By: The Dallas Morning News (Texas)
By William McKenzie, The Dallas Morning News

 

Many of us still must be wondering how this financial meltdown came up on us as fast as a storm over the Rockies, but at least we understand that we're entering a time much like the early 20th century, when regulating runaway...


October 2, 2008
Lexis Nexis - AC
Despite What Congress Thinks, Good CEOs Deserve The Millions They Make

By: Deseret Morning News (Salt Lake City)
Thomas Sowell

 

Congress is never more ridiculous than when it tries to look like it is serious.

In the midst of a major national financial crisis, what was one of the first things Congress zeroed in on? The pay of chief executive officers...


October 1, 2008
Lexis Nexis - AC
Should Congress Be "Perp-Walked'?

By: Investor's Business Daily

 

Justice: A federal grand jury in New York is probing the accounting shenanigans at Fannie Mae and Freddie Mac. It's about time, and we hope it doesn't end there.

Remember the early 2000 s, when companies such as WorldCom, Enron,...


October 1, 2008
Lexis Nexis - AC
Rescue 'America Street'

By: Christian Science Monitor
the Monitor's Editorial Board

 

The House lawmakers who sank the financial rescue package Monday said their phones and e-mails burned with protests that Main Street has to bail out Wall Street. But it's not helpful, or even accurate, to view this crisis as...


October 1, 2008
Lexis Nexis - AC
Will Public's Distaste For A 'bailout' Fade?

By: Christian Science Monitor
Mark Trumbull Staff writer of The Christian Science Monitor

 

No wonder Americans aren't happy about the ideas being considered to resolve the deepening financial crisis. The task is to choose among bad options - and to do so in a hurry.

But amid all the debate about whether "Main Street"...


October 1, 2008
Lexis Nexis - AC
Cap-and-trade Rules; A New Program By California And Other Western States To Curb Pollution Will Work -- If Done Right.

By: Los Angeles Times

 

California and six other Western states are preparing to launch a dramatic campaign against global warming that will turn pollution into a commodity that can be bought and sold, and create a market for trading hot air. It's an...


October 1, 2008
Lexis Nexis - AC
The Right Man For The Job; Congress Needed To Deploy Its Best Mouthpieces To Sell The Bailout Package - And Here's How To Do It

By: Newsday (New York)
BY SOL ERDMAN AND LAWRENCE SUSSKIND. Sol Erdman, president of the New-York-based Center for Collaborative Democracy, and Lawrence Susskind, director of the MIT-Harvard Public Disputes Program are co-authors of "The Cure for Our Bro

 

Congress' efforts to negotiate a financial rescue bill were ill-fated from the start. The issue is so controversial that to craft a proposal that most lawmakers could endorse would have required that the "right" negotiators...


September 30, 2008
Failed Bailout Needs Leadership 'Dream Team'; Build A Team Of Management 'virtuosos' To Guide Historic Change

By: PR Newswire

 

CHESTNUT HILL, Mass., Sept. 30 /PRNewswire-USNewswire/ -- Following the stunning defeat of the proposed $700 billion bailout, the nation needs a "virtuoso team" of leaders to guide the overhaul of the US financial system, a...


September 30, 2008
Lexis Nexis - AC
Bail Out The Bailout; The Financial Crisis Is Real. Washington Needs To Stop The Blame Game And Fix This Disaster.

By: Los Angeles Times

 

No one in Washington has a better view of the global credit markets than Treasury Secretary Henry M. Paulson and Federal Reserve Chairman Ben S. Bernanke. So when they say the situation is dire, it's not as if a couple of...


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