editorial review

The editorial I have chosen is entitled “Trust Me” in The New York Times. I think the intended audience of this article is either strong left-winged individuals or people frustrated with the Bush administration or the financial crisis. The authors claim is that Bush’s proposal to recover from the financial plunge is totally out of the question. He uses both presidential candidates’ statements about Bush’s proposal which both highly disagree with the proposal. The author feels that nearly everyone agrees that the plan is too broad, vague, and unregulated. One part of the proposal would give the Treasury Secretary full power to buy stocks from anywhere, any price, for any reason he thinks is necessary with out it being questioned by neither courts nor administrative agencies. Basically saying that this man could do whatever he wants with the money and no one can question him. The author also brings up the point that with this proposal we would be giving a lot of power to the Bush administration. There is also a sense or extreme urgency with the proposal. He gave an example of this being an issue with things like wiretapping after 9/11. I think the article is credible. The author has some arguments that I think cannot be disputed such as the urgency and amount of power to one person. I also think the evidence is sufficient to prove the author’s claim. Since this article was published, the proposal has been rejected by Congress, therefore the plan was not well thought of.

Article review

I found an article at the Time magazine’s website entitled “The Candidates Play the Market Meltdown.” The article focuses on the statements made by both presidential candidates. Obama was the first to make a statement about the issue. His first tactic was to tie Senator McCain to President Bush and the policies he felt were responsible for the crisis. In the end, Obama’s solution called for “increased consumer protections and tighter oversight and regulation of the financial markets.” Senator McCain called for reform on Wall Street, including “transparency and accountability.” Also he warned about “ineffective regulation” and government bailouts. In a later statement McCain declared the fundamentals of our economy strong. The Obama campaign was quick to attack the claim by using that as evidence that McCain is out of touch. McCain’s reaction was to define what he meant by the fundamentals of our economy which he claims is our workers. I think that people should read this article because it gives a good overview of the candidates’ viewpoint on a huge issue that affects all of us.


http://www.time.com/time/politics/article/0,8599,1841460,00.html