Saturday, February 7, 2009

WEEK IN REVIEW: FEB 2-6

Without a doubt, the honeymoon is over...
President Obama's third week in office seemed to have been his worst yet. He had been hoping to push his monstrous stimulus package through Congress. There was some 'progress' early on, but after a very long Friday, the Senate adjourned after having accomplished nothing of any real significance. It seems there is no shortage of problems with the proposed legislation; it is a weak attempt at a quick fix with potentially devastating long-term consequences. Barack stepped up the rhetoric in an effort to get the bill approved. Something is likely to pass next week... then we can start looking into the issues affecting its implementation.

But concerns over the ECONOMY were not limited to the stimulus bill:
There were several other important developments that are not directly related to the economy and the current financial crisis:

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