“Above all else,” President Theodore Roosevelt admonished Congress in 1905, “we must strive to keep the highways of commerce open to all on equal terms.”
The Great Debate
from The Great Debate UK:
- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -
In the protracted Washington debate over the war in Afghanistan, the most concise analysis so far has come from America’s top soldier: “If we don’t get a level of legitimacy and governance (there), then all the troops in the world aren’t going to make any difference.”
Don Tapscott is chairman of the think tank nGenera Insight and the author of 13 books on the impact of the Internet on society. His latest book, Grown Up Digital: How the Net Generation is Changing your World, discusses the Obama campaign and its implications for democracy. The views expressed are his own.
The U.S. Treasury Department on Tuesday unveiled a revamped financial rescue plan to cleanse up to $500 billion in spoiled assets from banks’ books and support $1 trillion in new lending through an expanded Federal Reserve program. But initial market reaction reflected investors’ doubts about the plan, with stocks falling around 3 percent after the announcement by Treasury Secretary Timothy Geithner.