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Dr. John Paul Rossi is a associate professor of American history at Penn State Erie, The Behrend College. He writes on business and economic history, and has co-authored ENTREPRENUERSHIP AND INNOVATION IN AUTOMOBILE INSURANCE: SAMUEL P. BLACK, JR. AND THE RISE OF ERIE INSURANCE, 1923-1961.
Monday, March 1, 2010 Obama's "Savvy Bankers" and the 2009 Wall Street Bonuses
Recent statements by President Obama show that his administration will not stop Wall Street bonuses nor hold bankers accountable for the financial panic and subsequent economic collapse they caused.
Thursday, January 28, 2010 The State of the Union, 2010: President Obama, the Democratic Party, and Change Betrayed
Voter anger, as most recently expressed in the Massachusetts special election, is the consequence of the failure of President Obama and a Democratic Congress to keep the promises of change they made in the 2008 elections. Instead, it is still politics as usual. Voters still want the change and help promised in 2008 and they feel betrayed.
Tuesday, December 16, 2008 The Auto Bailout Bill's Defeat and the Politics of Class Warfare (6 comments)
The Senate defeat of the Detroit bailout bill reveals the cynical conservative politics of class
warfare. In this new senatorial politics unionized workers are blamed for the failure of the
bailout of American automakers, while the authors of the defeat cloak themselves as defenders of
the taxpayers. In the meantime financial companies rake in billions of taxpayer bailout dollars
without any legislative check.
Wednesday, December 3, 2008 Bailout the Big Three and Revitalize the Economy (7 comments)
The Big Three need to be bailed out. A properly structured government rescue package can
provide a template for economic recovery. It can create American jobs, improve energy
independence, protect the environment, and re-establish a sense of fairness and justice in
government economic policy. Here's how.
