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...save his party from an embarrassing defeat in November, therefore, Obama must remove himself from the realm of public policy and reenter the sphere of politics that won him the presidency. He should reframe how he pitches the health-care law and correct the myriad misconceptions about the government’s handling of the financial crisis. Obama can learn a lesson from his candidate self; it was that Obama, after all, who, despite his paucity of qualifications, won the presidency with shrewd political positioning and image promotion. President Obama must rediscover his political acumen soon for the sake...
...Program, Federal Reserve Chairman Ben S. Bernanke ’75’s aggressive policies, and the Obama administration’s bold moves, the financial system has been resuscitated to a quasi-functional state, all to the negligence of the media and resultant ignorance of the general public...
Although increased liquidity and bank recapitalization have led to a much more sound and secure financial system, Obama has yet to publicize these developments, to his own detriment. Just a year ago, there were talks of a potential second Great Depression, but the aggressive actions taken by the Fed and Treasury Secretary Timothy Geithner have led financial analyst Richard Bove to conclude that “U.S. banks now have more capital as a percentage of assets than in any year since 1935.” Nevertheless, the perception remains that Washington is making all the wrong moves; critics...
Facing a $3.7 million deficit in Fiscal Year 2011, the Cambridge Public School Committee is planning to cut administrative staffers, according to the Cambridge Public School System’s proposed budget...
...This budget was crafted in a time of fiscal constraint,” said Cambridge Public Schools Superintendent Jeffrey M. Young...