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The USA is the second-largest polluter in the world, passed in CO2 emissions last year by China. Washington has also declined to sign on to multiple international climate change agreements, most famously the Kyoto Protocol. President Bush's absence at the Johannesburg Summit on Sustainable Development is also notable. However, America is also at the cutting edge of many environmental technologies, including those related to alternative energy. So, should the government increase incentives for alternative energy?
The $787 Billion economic stimulus package passed by Congress last week and expected to be signed into law by President Obama next week includes a provision that will cost $116 Billion. This provision is expected to increase the take home pay of American workers by about $13 a week. Do you think this will have an actual impact on American families economic situation?
The Super Bowl provides entertainment not only for football fanatics, but also for people hoping to catch some funny commercials. At a cost of nearly $3 million for a 30-second commercial, companies try to do all they can to maximizer their ad dollars during this huge event. Check out the ads below and vote for your favorites.
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As Obama ponders who is the right person to tap for the ever-more-important role of Treasury Secretary, he must take a close look at their plans for stimulating the economy. Some have called Obama a Keynesian economist, but many wonder if that's the best theory. For those non-econ geeks out there, Keynesian economics is essentially a theory that the best way to stimulate the economy is for the government to step in to increase spending, either by increasing the money supply or by actually buying things on the market itself.
Congress announced today (9/28/08) that they have drafted a proposed bill to provide up to $700 billion to shore up the U.S. financial system. The bill, entitled the Emergency Economic Stabilization Act of 2008, allows the Treasury to buy "mortgages and other assets that are clogging the balance sheets of financial institutions," according to an official summary. Do you agree that this is necessary? Do you want your dollars used to bailout banks that made bad bets?
Less than a week after the Federal Government declined to bail out Lehman Brothers from going bankrupt, they orchestrated an $85 Billion bailout of AIG. Do you think the government should continue to bail out companies with taxpayer money, or should they let Capitalism play it's course and allow the companies to fail?
Fantasy football season is gearing up for 2008, and this year there are several new entrants in to the market to host your Fantasy Football League. Which is your favorite to use and why?
I recently read an ESPN.com column that proclaims that Michael Phelps is the greatest Olympian of all time. However, there have been many great Olympians before Phelps that should at least get considered in the debate. Who do you think is the greatest of all time?
According to the International Olympic Committee, the Olympics "have always brought people together in peace to respect universal moral principles. The Games feature athletes from all over the world and help promote the Olympic spirit." However, many people believe that the competitive spirit and intense national pride eschewed in the Olympics do more to separate us than bring us together. What's your opinion?
Over the past 8 years, the Bush Administration has had an unbelievable amount of blunders, missteps, mistakes, bungles, foozles, fumbles, muffs, and even some stumbles. The diagram below depicts some of the worst of these, which ones would you add? Which habits would you change or add?
"Alarmed by the sharply eroding confidence in the nation’s two largest mortgage finance companies, the Bush administration on Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans." - NY Times.Should the government be putting up taxpayers dollars to bail out these GSE's, or should they let natural market forces determine the future of the companies?
On Sunday, July 13th, The New Yorker Magazine ran a cover on the magazine that appears to depict Barack and Michelle Obama as terrorist enemies of the United States.The New Yorker claims that the image is a satirical lampoon of the caricature Sen. Obama's right-wing critics have tried to create. Both camps have called it tasteless and offensive. What do you think?