Archive for December, 2008
What is TARP?
If it hasn’t happened already, the next time you find yourself at a cocktail party or even the local bar, you are likely to hear people talking (read: complaining) about the government and the bailout. Then you’re going to hear the word “TARP” uttered by someone. Instead of the normal head nodding you do followed by [...]
What’s a Secretary of State?
Barack Obama just named Hillary Clinton the new Secretary of State. That part you probably already heard. But what does the Secretary of State do? In a sentence, the U.S. Secretary of State basically handles all foreign affairs. In fact, the title used to be Secretary of Foreign Affairs. Clinton will replace Condoleezza Rice when Obama’s [...]
