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...Edging Toward the Exit U.S. Treasury Secretary Tim Geithner this month announced that the U.S. is starting to phase out some of its emergency support for banks and financial markets. But he pointedly made no mention of a full-blown "exit strategy," saying that "we must continue reinforcing recovery until it is self-sustaining." When and how governments and central banks pull back is a critical issue that still needs to be coordinated. One of the risks is that inflation could soar due to the explosion of national debt in many countries during the crisis. And early signs suggest governments...
Since his debut in 1979's Roger and Me, documentary filmmaker/agitator Michael Moore has aimed his blunderbuss of a lens against large American corporations and the institutions that he believes have flat-out screwed the working class. In his latest film, Capitalism, Moore ridicules the business philosophy that has blown up the economy, resulted in 6 million job losses and required more than a $1 trillion in bailout money to keep the banks afloat - while millions of people have lost their homes to foreclosure. He's a man who has made perpetual outrage an art form in every sense...
...good news is that hospitalizations remain an exception for those getting the flu, and deaths of children have been relatively rare - with two or three pediatric deaths being reported each week, below the threshold of a full-blown epidemic. Over the past year, the Centers for Disease Control and Prevention (CDC) has received reports of 117 influenza-related deaths of children, of which 25 occurred in children younger than age 2 and 35 occurred in children ages...
Limbaugh, Rush • citing by of an insignificant incident of schoolboy bullying - initially blown out of all miniscule proportion by Matt Drudge and jumped on by Michelle Malkin - as evidence of some kind of anti-white uprising in "Obama's America" prompts repulsed observers to characterize as "evil" and "vile" and "odious...
After months of anticipation and blown deadlines, Senate Finance Committee chairman Max Baucus on Wednesday finally unveiled his bill to overhaul the nation's health-care system. The Montana Democrat did his best to sell the controversial proposal, stressing that it was largely in line with the principles laid out last week by President Barack Obama: it has a 10-year price tag of less than $900 billion, doesn't add to the deficit and includes a mechanism to ensure that those with pre-existing conditions can't be denied coverage. But Baucus' relentlessly positive spin couldn't change...