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...this explains why Obama is being very careful about how he packages the new spending ideas, which could push the total stimulus price tag past the $1 trillion mark. For starters, he never used the word stimulus in his Dec. 8 speech to describe the new effort, perhaps because according to a Rasmussen survey, that's a concept that only one-third of Americans support. Nor did he say how much the new programs would cost. He gave few details of how they would be paid for, and he never explained when the plan would go into effect...
Gold is unlikely ever to be a great investment in the sense that buying into Microsoft in 1986 or Google in 2004 has been a great investment. The price of gold in dollars has more than quadrupled since the end of the long gold bear market in April 2001, but over the long run the return has averaged about 2% a year, says George Milling-Stanley, managing director for government affairs at the World Gold Council in New York. (That compares with about 8% for stocks.) It's less a ticket to riches than what Milling-Stanley calls an "insurance...
...Price Bingham, MELBOURNE...
...based on or supported by adequate evidence about its effectiveness." Instead, said the CBO, health care in the U.S. is often motivated by factors like "enthusiasm for the newest technology" and a fee-for-service payment system that rewards doctors based not on outcomes but the number and price of treatments they prescribe and perform...
...Part of the price for that new reality, many in India believe, is a downgrading of their own concerns. Singh's U.S. visit coincided with the anniversary of last year's Mumbai terror attacks, which were orchestrated by Pakistan-based groups traditionally associated with Pakistan's military intelligence organization, the ISI. Obama and his envoy to Pakistan and Afghanistan, Richard Holbrooke, have urged India to make concessions on the decades-old Kashmir dispute in order to help Washington's efforts to get Pakistan to finally deal with the Taliban. But little has been done to coerce Pakistan to crack down...