Feb 24 Is There a Connection Between Reducing Taxes and Creating Jobs? By Business Desk Question/Comment: Simple question. President Obama and all members of Congress say the “stimulus bill must contain only monies targeted directly for job creation”. Given that the stimulus bill now has 60 percent allocated for tax reductions, please explain the direct… Continue reading
Feb 24 Truce Declared in Troubled Swat Region of Pakistan By PBS News Hour Swat valley, a scenic mountainous area located in the tribal region of Pakistan, has become a source of friction with the Pakistani government as Taliban leaders seek to impose strict Islamic law. Continue reading
Feb 24 CO2-tracking Satellite Crashes after Failing to Reach Orbit By Admin, PBS News Hour A NASA rocket carrying a satellite built to track carbon dioxide emissions crashed into the ocean near Antarctica, ending a project nine years in the making at a cost of $273 million. Continue reading
Feb 23 Watch Secretary Clinton Sets Diplomatic Style, Tone on First Trip In her first trip abroad as secretary of state, Hillary Clinton fused serious policy discussion with lighter conversations as she toured Asia. Analysts discuss how her approach to diplomacy is developing. Continue watching
Feb 23 What Would My Investments Look Like if the Government Nationalized Banks? Question/Comment: I’m retired and considering investing in Citigroup and BAC. However, I keep hearing the word “nationalization.” Would my prospective investment be lost should the Government nationalize Citigroup and… Continue reading
Feb 23 Watch Other News: Guantanamo Prisoner Released; Three U.S. Soldiers Killed in Iraq In Monday's other news, the first Guantanamo Bay detainee was released under the Obama administration, and three U.S. soldiers and their interpreter were killed in Iraq. Continue watching
Feb 23 Watch Obama Pledges to Halve Deficit, Asks Governors to Spend Stimulus Responsibly President Obama pledged today to halve the $1.3 trillion deficit by the end of his first term and spoke to Governors at a summit, urging them to use the federal stimulus money responsibly in their states. Kwame Holman reports. Continue watching
Feb 23 Obama Strives for Long-term Fiscal Fix at Summit By Admin, PBS News Hour President Barack Obama took a step toward cutting the nation's budget deficit at a White House summit, a difficult task facing the new president a week after he signed a $787 billion stimulus bill. Continue reading
Feb 23 Keynes' Economic Theories Re-emerge in Government Intervention Policies By Admin, PBS News Hour Amid a flurry of activity by the Obama administration to help lift the economy out of recession, the ideas of the late renowned British economist John Maynard Keynes on the government's role in helping ease an economic crisis are in… Continue reading
Feb 23 Regulators Move to Revamp Program to Boost Troubled Banks By PBS News Hour Federal regulators said Monday they are prepared to launch a revamped program to bolster troubled U.S. banks, including the option of increasing government ownership in financial institutions. Continue reading