Momonomics 103: The Price Tag of Health Care
Today it is estimated that 50 per cent of Hispanic and African-American children will develop diabetes, that 1 in 90 boys has autism, and that 1 in 4 children has asthma.
Today it is estimated that 50 per cent of Hispanic and African-American children will develop diabetes, that 1 in 90 boys has autism, and that 1 in 4 children has asthma.
After the Pentagon documented the adverse impact of predatory lending on military personnel, Congress prohibited payday lenders from making loans to active duty service members.
Yesterday, joined by San Jose Mayor Chuck Reed and Oakland Mayor Ron Dellums, I announced a nine-step policy plan for transforming the Bay Area into the "Electric Vehicle (EV) Capital of the U.S."
The financial crisis is a good, albeit painful, reminder that the stocks, bonds, gold, silver have no intrinsic value. We act as if they do, because it gives us some sense of an orderly world.
This is not a center-right country! In the last two elections Democrats picked up over fifty seats in the House, took control of the Senate and the White House. How much clearer can it be?
We can't afford to watch consumers' finances dragged down by unfair credit card practices. It wouldn't be fair in any situation, but at a time of such national financial turmoil, it's an even bigger threat to our economy.
The US has joined Germany and Japan in what is becoming a global recession. The era of big government is over is over. In the crisis, we are, as Richard Nixon once said, "all Keynesians now."
Let's not be coy about the real agenda here. Republicans like Mitt Romney see this as an opportunity to wage war against the UAW.
Ten months of heavy job losses left places the end of terrible job losses somewhere next summer. And that assumes we'll see a rate of job destruction on par with the worst rate of the last 60 years.
Throwing taxpayers' good money into that sink hole called the US auto industry will be tantamount to a transfer of wealth from tax payers to GM employees.
So, $290 billion into his bailout plan, Hank Paulson is calling for a do-over. Now there is a confidence booster -- it shows just how uncertain Washington is about how to keep the economy from imploding.
Mr. Paulson now stands to gain lasting notoriety as the person who destroyed the domestic U.S. auto industry, and the economies of the Michigan, Ohio, and Indiana along with them.
Wall Street and its associated analysts, brokers, traders and investors are simply too stupid to operate at this point. So let's not let them.
Memo to the media: you want to see the auto industry go down? Fine. But, at least try to give the facts about the cuts, concessions and job losses that workers have taken on in a bid to save their livelihoods.
The federal government should make it clear that it is not going to waste taxpayer time or money by listening to the same, arrogant and idiotic bunch of automotive executives that caused all the problems in the first place.
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These are they guys we are bailing out.
I wish those super rich American people would come and settle in France.
Thanks to the french supertax on wealth, here we only need 2 or 3 of your billionaires to fund our heathcare and welfare systems.
What incentives do these American billionaires need to relocate here in France ?
;-)
with the way cars are built now, one should buy them with cash or close to it. financing a car is madness.
Well, now there's a surprise..
Anyone who doesn't realize that it's only the (upper-)middle to lower classes are the only ones hurting, raise your hand.