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...their way on abortion. As a result, when Indiana Congressman Brad Ellsworth, a pro-life Democrat, tried to draft an amendment tightening the Capps language in the last weeks before the House vote, both sides attacked him. Planned Parenthood said the effort -- which attempted to strengthen the segregation of funds and ensure that no federal dollars could ever be designated to fund elective abortions in the exchange (which would include the public option) - could "tip the balance away from women's access to reproductive health care." And the Catholic bishops conference issued a memo calling the amendment "not a meaningful...
...Honest Confusion At least on the level of rhetoric, all the politicians and outside groups that have weighed in on health reform seem to agree: taxpayers shouldn't pay to fund abortion. "No federal dollars will be used to fund abortions," said Barack Obama in his speech to Congress on Sept. 8. His Democratic colleagues say they agree with the same principle, as do GOP leaders. That stance mirrors public opinion as well. A 2008 Zogby poll found that 69% of Americans oppose "taxpayer funding of abortion," which is currently governed by the decades-old Hyde Amendment, the law that...
...Another China skeptic is Pivot Capital Management, investment manager of the $505 million Pivot Global Value Fund. In an August report, it makes the startling claim that China is not 45% urbanized as the World Bank and other international agencies estimate. That figure could be "understated as much as 20%," says Pivot, "meaning that instead of about 350 million people, only 100 million actually would need to be urbanized...
...despite conventional wisdom that a rejuvenated Chinese economy, which grew 8.9% in the third quarter, could pull the global economy out of recession, several skeptics were arguing the Middle Kingdom's performance was unsustainable - and even that it was mostly a mirage. Chief among these naysayers is billionaire hedge fund investor Jim Chanos, who famously sold Enron short in 2001 after concluding that the rosy reports and projections about the company were not based on facts. He has come to a similar conclusion about China, according to Politico.com, and is shorting the country just as he did Enron. (See pictures...
...Never mind that the World Bank, International Monetary Fund, Moody's Investor Service, and various research houses and investment banks take the number at face value. Chang says "Beijing's statisticians have gone back to their old tactic of making up figures to support the Politburo's predictions." He points to inconsistencies in other statistical indicators: car sales jumped 94.7% in August, for example, yet gasoline sales rose just 6.4%. "There are reports that central government officials have ordered state enterprises to buy fleets of vehicles and that these businesses are storing them in parking lots across the country...