WikiLeaks a non-profit media orginization that publishes and comments on leaked documents that report government and corporate misconduct has leaked important information concerning the current state of our countries home defense and the status of conflicts between other nations throughout the world. The site has been shut down for violating a terms of use policy and appropriate punishments are currently in place. Many fear these leaks have made our country vulnerable to attack and even critisism and many citizens are concerned.
http://www.thenation.com/blog/156824/blogging-wikileaks%E2%80%94day-6
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Friday, December 3, 2010
Monday, November 8, 2010
Fed Funded
United States stocks soared after the Federal Reserve decided to buy $600 billion worth of bonds in an effort to lower interest rates and to prove that the global economy would not worsen and corporate profits would increase substantially. Many doubt this plan will work but the Federal Open Market Committee strongly believes this method known as quantitative easing will succeed like it did from December of 2008 to March of 2010. The Fed made this move due to worries over the increasing unemployment rate and it's potential to put pressure on a weak economy.
Wednesday, November 3, 2010
Political Predicaments
After the midterm elections that took place yesterday, Republicans have taken over the House and have replaced a few seats in the Senate. This shift was caused by dissappointment at President Obama and the Democratic Party who promised to bring our economy out of a financial crisis. Although the current state of the economy is much better today than it was two years ago, citizens are still not satisfied and disapprove. Big businesses are pleased to know they now have representatives that will push to decrease government regulation over them, so they can now appropriately stimulate the economy by hiring more workers. Having an interest for a future field in business, these elections will make it easier for big businesses to thrive thus allowing for a larger job market for me in the future.
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