An in-depth analysis of the news from March 23rd - March 27th. The sources we will use include The Globe and Mail, The New York Times, CBC News: The National and BBC.

Tuesday, March 23, 2010

The New York Times - March 23rd 2010

1. Headline: Obama Signs Health Care Overhaul Bill, With a Flourish.

Described as " the most sweeping social legislation enacted in decades", President Obama signed the Health Care Bill. The landmark bill will give coverage to approximately 30 million people who do not currently have coverage. The signing of the bill marks a high point of Barack Obama's Presidency. To Health Care!
Article

2. Headline: US and Mexcio Set New Drug Standard

Today, US and Mexico set their $331 million dollar plan aimed to strengthen civilian law enforcement in drug trafficking. The plan also will help to rebuild communities of poverty and crime. Similar to the Merida Initiative, started by the Bush Administration 3 years ago, the one main difference is the shift away from military assistance. Secretary Napolitano states "“I think the strategy cannot be sustained in a way that is only military. It’s got to be a combination of civilian law enforcement.”
Article

3. Headline: Four Suspended From Labour Party in UK Scandal

Former Labour cabinet ministers: Stephan Byers, Patricia Hewitt, Geoff Hoon and Margaret Moran have been caught on camera offering to use their political influence in return for payments of thousands of pounds. With Britain nudging towards elections, these outcomes do not fair well on the Labor Party.

4. Headline: Treasury Takes First Steps to Reshape Fannie and Freddie

Mortgage-finance companies, Fannie Mae and Freddie Mac, that the government took over in 2008, are now being reshaped by the Obama Administration. Treasury Secretary, Timothy F. Geithner states that the Obama administration would take “a fresh, cold, hard look at the core problems in our system” and deliver a “comprehensive reform proposal” to Congress, but he did not give any specific time line. He suggested that the administration was waiting for the economy to settle before attacking this project.

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