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WASHINGTON -- Like a mantra, officials from both the Bush and Obama administrations have trumpeted how the government's sweeping interventions to prop up the economy since 2008 helped avert a second Depression.
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The military has indeed proven unable to bring such areas under police control in previous, less-sweeping interventions.
The report recommends 133 remedial measures that would amount to a sweeping intervention.
Mr. Cannon said that such sweeping intervention raised broader questions about who would get help, and the government's expanding role in the financial crisis.
Taken together, the steps represent the most sweeping intervention of banking regulators into the mutual fund industry since its inception in the 1930s.
But he and others say that the government's sweeping intervention into private industry and in the markets, though sometimes flawed, is necessary to prevent a collapse of the financial system.
Under a pilot program known as differentiated accountability, Ms. Spellings has given six states — Florida, Georgia, Illinois, Indiana, Maryland and Ohio — permission to treat schools labeled for improvement that have missed targets for only one group differently than those needing sweeping intervention.
WASHINGTON — President Bush on Monday welcomed the Federal Reserve's sweeping intervention in the nation's financial markets as his administration faced accusations that it had supported the bailout of a prestigious investment bank while doing little to address the hardships of Americans facing foreclosures on their homes.
These sweeping government interventions, breaking down traditional rules in the name of egalitarian fairness and equity and 'we're all in this together' communitarianism, hardly made society 'great' to conservative hierarchists or individualists, who prefer a world in which there is less of a role for government, not more.
But it once again stopped short of the step its critics are demanding -- sweeping government intervention in the worsening economic crisis.
Rather these sweeping government interventions are likely to make matters worse for most women by diminishing economic opportunity and job prospects.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com