Congress must agree on a plan, which could take years, and then the market must be weaned slowly from dependence on the companies and the financial backing they provide. The reasons by now are well understood. Fannie and Freddie, created to increase the availability of mortgage loans, misused the government's support to enrich shareholders and executives by backing millions of shoddy loans. Taxpayers so far have spent more than $135 billion on the cleanup. The much more divisive question is whether the government should preserve the benefits that the companies provide to middle-class borrowers, including lower interest rates, lenient terms and the ability to get a mortgage even when banks are not making other kinds of loans.
This meant that having the in state building showed that the US wanted to be involved in the Communism situation and Vietnam was the closest place to be. Eisenhower made Vietnam to be a victim of the Cold War as the Cold War had increased the worries about communism. The Geneva Accords had stated that no foreign troops or alliances were allowed in Vietnam the US defied this by making alliances with France and attempted to make alliances with Britain, but they didn’t want to get involved in the war. This could suggest that the war was Eisenhower’s because if he had signed the Geneva Accords then Vietnam wouldn’t have split and there would have been no war. Once
The United States, however, did not count on just how intense Vietnamese nationalism was. During Kennedy’s presidency, McNamera supported the increase of troops in the country. They were surprised with the difficulty they faced with guerilla warfare employed by the Vietnam fighters. This type of fighting was the kind that they were used to using in their country prior to the conflict with America and had McNamera and the U.S. empathized with their enemy, they would have known that Vietnam soldiers would use this technique. They also thought that their massive fighting force would lower Vietnam morale and would allow them to crush the enemy.
Harry Truman is an important figure in relation to Vietnam as it was him who made the decision to oppose communism throughout the world. In relation to US support for France, the Truman administration concluded that the French were invaluable allies against Communism in both Indochina and Europe, and therefore deserving of American assistance. However, many articulate Vietnamese were unhappy with French rule, which resulted in a small Vietnamese nationalist group in espouse of Communism grown up in exile under the leadership of Ho Chi Minh. Consequently, Truman offered $10 million to support the French military effort, and established a US Military Assistance Advisory Group (MAAG) in Saigon. This assistance then increased, as by the end of the year, the US had given France $100 million, along with aircraft, patrol boats, napalm bombs and ground combat machinery.
The Vietminh fought for their freedom. As the Vietminh began to defeat the French, the French did not prevent the communist North Vietnamese from reaching South Vietnam. (use source #1) According to the “Statement Issued by the White House”, the President assigned an ambassador to Vietnam “to coordinate the operations of all US agencies in that country. “Since the conclusion of hostilities in Indochina, the US Government has been particularly concerned over developments in Vietnam.” Even as early as 1954, before the Vietnam war had began, the US was concerned about what was happening. The US saw that the situation in Vietnam was something that needed to be flagged and
After the failure of that he introduced things such as the strategic hamlets (Agrovilles) which were villages that were surrounded by barbed wire and guarded by troops, to isolate National Liberation Front (NFL) guerrillas from political recruits and other responses. In November 1961 Kennedy agreed to provide aircraft, intelligence equipment and additional economic aid which show that he was keen to introduce military forces to Vietnam. But due to the takeover of the NFL this meant that Kennedy had to up his enforcement in Vietnam so he left Johnson with a US military force of 16,000 troops and a commitment to the growing Vietnamese war. Source B also suggests that Kennedy was willing to use military force and it does this by saying “Kennedy would have agreed that withdrawal would case the fall of the dominos” this is suggestion that if Kennedy withdrew from Vietnam then this would be the realisation of the domino theory and everyone would see if Vietnam was the trigger that set of the domino theory. This source shows that Kennedy was willing to us military force and would not withdraw from
e. reliance on the dollar as a stable international currency. 4. The Nixon Doctrine proclaimed that the United States would a. honor its existing defense commitment, but that in the future its allies would have to fight their own wars without large numbers of American troops. b. supply only economic aid to its allies. c. seek detente with the Soviet Union and the People’s Republic of China.
In order for the world to be free, the Truman Administration suggested that Indochina no longer be communist. America getting involved into Indochina ran into its tradition of anticolonialism however, it ignored this somewhat to support France. After the French army won, America then wanted Indochina’s independence. America came up with “Operation Eggshell” in which France was urged to give Indochina independence while continuing the anticommunist war. By 1952, the National Security Council formalized the Domino Theory by describing a military attack on Indochina as being dangerous.
Germany 1 Presidential Powers A major principle under the US Constitution is division of powers in the three branches of government. The Constitution emphasizes cooperation between the three arms of government in caring out their duties. Separation of powers discourages a sense of dominating the others arms of government and rule tyrannically. Our founding fathers designed the separation of powers as so one branch of government could not become powerful enough to overthrow the other branches of government. During the Korean War, President Harry Truman and his advisors believed that American involvement in the war required economic mobilization at home.
What's Been the Secret of America's Economic Success? The secret of America’s economic success is boosting competition, lowering taxes and whipping inflation. This strategy for economical growth is about keeping taxes low, competition fierce and monetary policy tight. Competition keeps prices low and innovation coming all the time. Deregulation of many American industries in the 70’s like banking, airlines, and electricity has added to the economic growth.