|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What company did Robert Lukens run in Chapter 4: Blowout - The Commodities Bubble?
2. From what university did Henry Kissinger earn his A.M. and Ph.D. degrees?
3. What is a requirement for a proposal to gain a specified level or type of support which exceeds a simple majority (over 50%)?
4. Where was Robert Lukens being hit with gas expenses that were suddenly doubling, as described in Chapter 4?
5. Who had to withdraw from a summer calculus class in San Francisco because he couldn't afford the gas for the commute?
Short Essay Questions
1. Define "derivatives." What creates derivatives?
2. How does Taibbi describe the design of Obamacare?
3. When did Richard Daley lease Chicago's parking meters? For how much money were they leased, as described in Chapter 5?
4. Where is most of the money in the American health care system tied up?
5. How did the power structure of Congress change with Scott Brown's election in Chapter 6: The Trillion-dollar Band-Aid - Health Care Reform?
6. What scenarios does the author describe for Priscilla Carillo and Robert Lukas in Chapter 4?
7. What correlation is there between bankruptcies in the United States and the current health care system, as described in Chapter 6?
8. In Chapter 5, what does the author write of the correlation between decreasing taxes and rising prices?
9. What changed the regulation for trust funds and pension funds, as described in Chapter 4?
10. What does Taibbi assert as an ominous element of health care legislation?
Write an essay for ONE of the following topics:
Essay Topic 1
Discuss the political career of Richard Nixon and the 1968 Presidential election. What strategies were in place for Nixon?
Essay Topic 2
Discuss the growth and philosophies of the Tea Party movement. What fundamental problems does the author see in the approach and methods of the Tea Party?
Essay Topic 3
Describe and discuss the actions of AIG and Joe Cassano in the period before the 2008 crash. What risks was AIG taking?
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