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Larry Summers, now the top economic adviser in the Obama White House, was a proponent of such taxes in the 1980s and early 1990s. There's no hint of them in the Administration's 88-page white paper on financial regulation. There is talk of higher capital requirements, tougher consumer-protection standards and new rules for derivatives. But taken as a whole, the document sketches a regulatory approach that still relies heavily on judgment and smarts. Maybe it's time for some dumbing down...
...more than a little surprising when you consider that Mexico has overtaken Canada in production of GM vehicles, making such popular name plates as the Chevy Silverado and Suburban. Last year GM made a total of 504,858 vehicles at four assembly plants in Mexico; that's 9% higher than the 463,869 cars and light trucks produced by GM Canada...
Members were also concerned about the pairing of narcotic agents such as hydrocodone and oxycodone, both known to be addictive, with acetaminophen, which is known to increase the risk of liver problems with higher and higher doses. If patients become dependent on the narcotic and continue taking prescription painkillers, they are also more likely to suffer from liver toxicity associated with the acetaminophen. "How can you mix a highly addictive drug with one that can cause toxicity at high doses?" asks Dr. William Lee, director of the Clinical Center for Liver Diseases at the University of Texas Southwestern Medical Center...
...there could direct me to exactly the type of mulch I wanted, he carried it to my car, it's much closer, and I got exactly what I wanted in the right amount. So the satisfaction I got was not in the price, which was higher than I normally pay, but from the stuff. That's a switch...
...dollars over the next 10 years, the Congressional Budget Office has estimated. But it would be a politically treacherous move that would not affect only the wealthy. Many of those generous health plans are also part of union contracts - and in many cases were negotiated in lieu of higher wages - which means Obama might have to go back on his campaign promise not to raise taxes on those earning less than $250,000 a year...