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...that the stock market is overwrought and that down is the only sensible direction to head. Sure, individual companies have been quick to bounce lower based on bad news. Both insurance outfits and financial firms lost ground on Tuesday thanks to two big events - the passage of a health-reform bill by a key Senate committee and a Goldman Sachs downgrade by an influential banks analyst. (Read "How to Know When the Economy Is Turning...

Author: /time Magazine | Title: Is the Market Rally About to Run Out of Gas? | 10/14/2009 | See Source »

...Gist: As members of Congress vote on controversial health-care-reform legislation, the Henry J. Kaiser Family Foundation has analyzed census data to provide a closer look at the people without health insurance in the U.S. Its report, focused on people younger than age 65, found 45.7 million "nonelderly" uninsured people in the U.S. last year (including the elderly, the number of uninsured was 46.3 million). Low-income adults without dependent children - who generally do not qualify for government programs like Medicaid - were hit hardest. Despite heated rhetoric on the issue, immigrants are not driving the problem...

Author: /time Magazine | Title: Which Americans Are Uninsured? | 10/14/2009 | See Source »

...native-born or naturalized citizens. However, immigrants are more likely to be uninsured than legal residents. Racial minorities are also disproportionately represented; about one-third of Hispanics and one-fifth of blacks go without insurance, compared with 13% of whites. (Read "How Valid Is the Insurers' Attack on Health Reform...

Author: /time Magazine | Title: Which Americans Are Uninsured? | 10/14/2009 | See Source »

...Americans lack health insurance, but this report helps give that enormous group a human face. That many unemployed workers lack health insurance is not a surprise, but many of us may not realize that so many working people do as well - a troubling fact that lends credence to the reform efforts under way on Capitol Hill. Highlighting the plight of childless uninsured adults is also a welcome counterbalance to media coverage of the issue, which often focuses on uninsured children and families. Amid the grim statistics, the foundation mentions a bright spot: the fact that recent expansion of children...

Author: /time Magazine | Title: Which Americans Are Uninsured? | 10/14/2009 | See Source »

...that the last of the five congressional committees with jurisdiction over health care, Max Baucus' Senate Finance Committee, has passed its much anticipated reform bill, it falls to majority leader Harry Reid to cobble together something that can pass the Senate...

Author: /time Magazine | Title: Health Care Turns to Harry Reid After Key Vote | 10/14/2009 | See Source »

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