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Obama Urges Tougher Laws on Financial Fraud
In the wake of the Wall Street bank bailouts and the various security fraud cases that have occurred nationally the Obama administration has been under pressure to enact new legislation that effectively prosecutes financial fraud cases. Critics have argued that financial regulators have lacked the tools necessary to properly investigate and prosecute the financial executives who were responsible for the near collapse that occurred in late 2008. The article, however, points out that the proposed Obama legislation has little chance of passing Congress due to election pressures and the acrimonious atmosphere on the Hill. Recent efforts by the S.E.C. To enforce existing security laws have met with little success due to the inherent weaknesses in such laws.
Week Two: January 27, 2012
Low-ball bidders in many markets learn they can no longer get a steal on a house [HIDDEN]
For several years the housing market has suffered badly from low demand and high supply. The result has been a buyer's market where houses could be purchased far below market value and many speculators have been able to purchase houses, apartments, and condos and make huge profits. There are signs now that indicate that the market is changing and that, due to declining inventory levels, purchasers offering low ball offers are now going wanting relative to said offers. Real estate agents across the country claim that low ball offers are now far less successful than they were just several months ago and there are signs that the market is beginning to level out and that more and more sellers are beginning to receive offers near their asking price.
Week Three: March 7, 2012
Boston cabdrivers sue city and fleet owners http://www.llrlaw.com/pdfs/IC_03_08_2012.pdf
In this article a lawsuit filed by two Boston taxi cab drivers is reviewed. The theory of...
The two cab drivers filing the action are attempting to have the action declared a class action case so that it could include the hundreds of cab drivers currently working in the Boston area under the same circumstances. The action alleges that Boston cab drivers occupy a position that more closely approximates actual employees and that the only reason that they are being classified as independent contractors is to protect the financial interests of the cab company owners.
Week Four: March 26, 2012
As Health Law Is Contested, Developing a Plan B
[HIDDEN]
The precarious status of the Affordable Care Act has state officials and insurance company executives feeling insecure regarding how to proceed in the near future. As a result, these individuals are planning a variety of options that depend entirely on how the U.S. Supreme Court rules in regard to the Affordable Care Act. Many of the contingencies being planned are focused on the mandate portion of the Affordable Care Act and the article details how several of the major states are planning to proceed if the mandate portion of the Act is found to be unconstitutional.
Week Five: April 6, 2012
'medical-loss ratio' provision would have generated over $100 million in customer rebates in Illinois
[HIDDEN]
This article details how new regulations contained in the newly enacted national health insurance bill would have resulted in a large percentage of insured Illinois residents receiving a rebate from their insurance companies. The national health insurance legislation requires insurance companies to pay at least 80% of customers'…
Obama Health Care In the original House bill in 2009, the Affordable Care Act would have required individuals to buy private insurance, but would also have offered a public option in the health insurance exchanges and mandated employers to provide health insurance. Premiums for the public opinion would have varied by region (Chaikind et al. 2009). Both the public option and the employer mandates were removed from the Senate version of
The Patient Protection and Affordable Care Act begun in the Bush administration and have actually been verified by the Obama administration. "This offers a reason for positive outlook about the capability of the insurance coverage growth in the Affordable Care Act to enhance access to and for grownups, however it recommends that doing away with the law or reducing the protection growth might lead to ongoing erosion of grownups' access
In the course of his campaign, Obama inspired millions of Americans - young and old, rich and poor, rural and urban, and from every racial and ethnic background. When Obama walked into the room. . The crowd was transfixed (Tufankjuan, 2008). The goal, of course, is that in politics, as well as society, race plays no part in the decision process. Thanks to previous Civil Rights advocates, and people
Expressing that he finds transparency to be an important characteristic of the United States' government, President Barack Obama has encouraged leaders everywhere to increase the level of honesty with which they guide their countries. According to David Axelrod, a White House senior advisor, Obama has a "belief in transparency" that was one of the major factors he considered when making this important decision (Allen para. 2). The fact that
Obama and Reagan Ronald Reagan and Barack Obama Point-by-Point There are parallels between the presidency of Ronald Reagan and Barak Obama. The similarities between the leaders make for an uncomplicated comparison; however, the differences provide greater explanatory power. Barak Obama has been credited with some of the stellar qualities of Ronald Reagan. There oratory skills are comparable and they were both popular at the beginning of their terms. Reagan became a republican icon.
This demonstrates the personal nature of the quest that Obama had for achieving healthcare reform in this country, ensuring that everyone had reliable access to quality care (Defrank 2010). The author cites many individuals and incidents that were likely influential in shaping Obama's vision regarding healthcare reform, but does not demonstrate a causal or substantiated link between these specific identified influences and Obama's actual decisions. This makes his claims