Notes+and+Sources

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Columbia University professor Joseph Stiglitz and MIT professor Simon Johnson warned the Joint Economic Committee of Congress that the current government policy of propping up troubled financial giants could impede an economic recovery.

Two big economic anaylists said that the big banks should fail and yet America still is bailing out these big banks.

The hearing comes as Congress prepares to consider an Obama administration proposal to give regulators the authority to take over systemically important institutions. Treasury Secretary Tim Geithner has said such a plan is crucial if the U.S. is to avoid a recurrence of the current crisis.

Isn't it sad that we are having to resort to socialist measures to control the economy, because banks are not led by mature enough leaders with solid morality that we have to hold the hand of big banks?

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 * Our sixth grade daughter, breathless with excitement, called our college senior, Brooke, to report that she had made a "1" on her flute solo at a recent competition. Later, I discussed the event with Brooke, reflecting back on //her// sixth grade experience playing the exact same flute. She asked what most of the competitors had received and I replied, "Oh, all 1's and 2's, as far as I know." Remembering hundreds of band and dance competitions throughout the years, Brooke responded that those were typical scores. She went on to say that someone would have to really stink up the joint to get a 3, and they basically would have to be not breathing to receive a 4. ||

I know personally that scoring a 1 is rare for us, though i do see the point of these children are just starting out, but is it fair that when they are in the real world that they will have grown up learning that life will take them easy, and that is not true and they will potentially struggle in the real world, on the other hand, it is in no way fair for children to try to meet the same level of achievement as adults or older teens, so to score a one they should be superior for their age group, not in conparison for the rest of age groups.

I do not know if I agree that children getting participation awards in anything from tball to band is neccessicarily bad, or that it will for sure cause children to not want to try as hard because they know they will get an award, but it does have have the potential to make children not want to try as hard to succeed. I do feel though that these children will not feel as wonderful about the awards they recieve because they did not have to try very hard, because if you put a lot of sweat and hard worki nto something the ending result is a lot more substantial.

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I do not feel like this was a good decision. I remember as a kid that me and my cousin who is more like a sister to me, had drawing contests and when we would ask my mother which one was better, she would always say it was a tie, and neither of us liked that. She did it to not hurt our feelings, but we wanted our barbarstic nature that is at the very core of our childish bones to be fueled, I bet when these children were tied and they both received awards, that they did not appreciate it. It was the World Series, imagine getting all that far not to see the glory of winning and seeing the filthy, sad faces of the other children, faces so dirty the only streaks of flesh that could be seen were the parts the large salty tears had streaked down. Children need to have that feeling. These children are going to be our soldiers, tball should be like war, these children should be hungry for the flesh and blood and souls of the other children! Okay, maybe thats a bit cannabilistic and a tad bit sadistic...but you get the general idea.