Saturday, March 21, 2009

Assignment#7-M.Metcalf

This article was written by Harold Meyerson, and it appeared in the Washington Post. This article was written to show [in the author’s point of view] who is to blame, and how we got into the finical mess that we are in. This article is directed toward anyone that is listing, reading or just happening to looking at the Washington Post.

The basic argument that the author wants to make is that while conservatives blame the Obama administration for being socialists, the real problem is capitalism itself. The author says that unregulated capitalism is the real culprit. And that what is actually happening is that the so-called ‘socialists’ are not ruining the economy; what they are really doing is fixing the economy with better capitalism.