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...July 24, the Maltese-flagged Arctic Sea reported that it had been boarded by gunmen posing as law-enforcement officers off the coast of Sweden and that its 15 Russian crew members had been tied up and beaten. Four days later, the ship - which was carrying a load of timber from Finland worth $1.84 million - sailed into the English Channel, where it made routine communications with British maritime authorities, who at the time were unaware of the hijacking. About 50 miles (80 km) off the coast of Britain, the ship then slipped off the radar...
...Hardest hit by the economic downturn has been national carrier Air India: It reported annual losses of $1 billion in the fiscal year ending March 31, along with an accumulated debt of $3.5 billion; that debt load is expected to rise to $7 billion by 2012 if it takes delivery of 111 new aircraft already on order. Air India alone accounts for 10% of the total projected losses for the global airline industry this year - even though it carries just 0.35% of global traffic. Air India is suffering from an aging fleet and a bloated staff roster...
...trying to do this in the middle of a recession. That's a big load to take on - which then gives traction to this notion that we are interested in expanding government, which then feeds into suspicions that somehow health care is another big government project that we can't afford ... Had we not been in the worst financial crisis since the Great Depression, I would have led with health-care reform, made the case, and potentially we might have had it done by now. But I disagree with this idea that because of the financial crisis, somehow...
...that all together and I think the American people's feeling for six months was, gosh, that's just a lot of stuff; that's a big load to take on - which then gives traction to this notion that we are interested in expanding government; which then feeds into suspicions that somehow health care is another big government project that we can't afford. And it's very hard, particularly when the figures get thrown out there - "This is going to cost $1 trillion" - even though it's $1 trillion over 10 years, even though we've identified $600 billion...
...afford to put this off. In some ways I think it's just made it more urgent for some of the reasons you just said: A lot more people are losing their jobs, are vulnerable to losing their health care; our deficits are even bigger, which means the load on Medicare and Medicaid is just going to get worse. If we don't do this now we are going to be in a world of hurt later...