Cap and Trade System: Market-Friendly Climate Bill

Cap and Trade System: Market-Friendly Climate Bill

What’s a cap and trade system? How was a cap and trade system implemented during the Obama administration? The cap and trade system was implemented by the Obama administration in an effort to cut back on carbon emissions. If companies went over a certain amount of emissions (caps), they were taxed. If they were under, they earned credits. Read more about the cap and trade system for environmental protections.

Obama, Russia, and the Quest to End the Nuclear Race

Obama, Russia, and the Quest to End the Nuclear Race

What was President Obama’s relationship with Russia like? Did Obama and Putin get along? For President Obama, Russia posed a unique challenge. Historically, the relationship between the U.S. and Russia was incredibly important. Obama’s presidency would be no different. Read more about President Obama and Russia, and what relations were like during his administration.

The Rick Santelli Rant and the Politics of Resentment

The Rick Santelli Rant and the Politics of Resentment

What was the Rick Santelli rant about? How did it affect Obama’s strategy in the 2008 financial crisis? Rick Santelli’s rant happened when Santelli, a conservative commentator, went on CNBC and complained about relief programs for struggling homeowners. It proved that wealthy CEOs saw themselves as the victims of the crisis, not the creators. Read more about Rick Santelli’s rant and what happened.