Emergency Economic Stabilization Act of 2008

Obama immediately passed the Haiti Debt Relief and Earthquake Recovery Act of 2010 to provide funds to reconstruct the third world country. The act gave Haiti $100 million and urged the Secretary of Treasury to give the country a pass on anything that they might need to repay (Haiti Debt Relief, January 2010). Specifically it sought to cancel all remaining debts by Haiti, suspension of its debt service payments, and provision emergency, humanitarian, and reconstruction assistance to Haiti in the…

construction and operation of interprovincial transportation and communications projects. If legislation does not offer adequate flexibility for countercyclical fiscal policy during recessions, it could shift more of the onus for macroeconomic stabilization upon provincial finance ministries. J. Rodden and E. Wibbles conducted a study examining Canadian provinces and six other decentralized federations. Their findings indicated that sub-national governments have less fiscal room for…

well as over 70% of the world’s proven oil reserves. OPEC’s mission statement, according to its official website www.OPEC.org, is “to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers…

The 2008 Recession was an influential economic downturn that had overreaching consequences. Chapters 7-17 of Peter Schiff’s How an Economy Grows and Why it Crashes provided a more objective view of a recession. The events of HBO’s Too Big to Fail was more focused on the government’s take on the recession and the measures it took to find a solution. The content provided by the book and movie regarding the housing bubble concurred, but the differed in the assessment of the government’s solutions…

at war The country was in a credit problem and the stock market was going down, which was leading to a bunch of people losing their jobs “The Bush administration scrambled and encouraged Congress to enact a controversial $700 billion Emergency Economic Stabilization Act to bail out the housing and banking industries.” (Biography.com Editors, pg. 1) He left office with poor favorability ratings and a lot of business that needed to be finished Laura and George then went to Dallas Texas to take…

In 1963, President John F. Kennedy (JFK) signed into law the Mental Retardation Facilities and Community Mental Health Centers Construction Act of 1963 (CMHCA). The law was intended to deinstitutionalize patients from mental health hospitals and demonstrate a compromise between public health and medical practice models (Cameron, 1989). The law offered States financial incentives to build community-based outpatient centers to replace hospitals (Cameron, 1989). Due to the complexity of public…

and our government is focusing the wrong policies. Our government want to deport undocumented immigrants but they can’t, and refuse to accept them. Our government is also corrupt, all of their actions are for their own interest; mortgage crisis in 2008 was a great example. Laws and policies has to be reformed, from welfare programs to government agencies. The American people understand the issues of poverty, but unless they do their own research, and not to observe all the information from the…

policies. The Cabinet helped set up the National Strategic Transformation Commission. One of the members of the Cabinet is the Vice President: Joe Biden. Joe Biden helps the President pass his agenda. Joe Biden helped pass the Emergency Economic Stabilization Act in 2008 in the Senate. He has worked alongside Obama to mend relations between the United States and…

The European Union has political, economic, social, and environmental benefits. The European Unions political benefits include that the member nation will increase in term of their democratic system. Safety will also increase in regards to the member nation. Being a member of the European Union will also lower boundaries among other members of the EU. There is also a substantial amount of economic benefits when being a member of the European Union. There is free…

foreign direct investment (FDI) could be the main instrument to ensure any development agenda.[footnoteRef:3] Furthermore, Foreign direct investment also contributes toward financing sustained economic growth over the long term. In other words, the incorporation of sustainable development in international economic policies, negotiations, and agreements could ensure the growth of development more directly to the sustainable way. However, international…