Rubin: Don't Let Bureaucrats Decide on Health Care Rationing

June 27, 2009

The last people we want making decisions about the relative merits of care options are boards of faceless, non-accountable government bureaucrats. And if we are going to go down the road of imposing more government-devised restrictions on care, we should at least be honest that the the plan intends to use impersonal bureaucracy to take […]

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Joe Biden Reaches Out to Gay Community, Runs Interference for The Big Guy

June 27, 2009

Vice President Joe Biden told gay and lesbian Democrats that he doesn’t blame them for their impatience and promised that the Obama administration will begin to push more strongly on the issues they care about, including the repeal of Don’t Ask, Don’t Tell. Speaking at a LGBT fundraiser for the Democratic National Committee, Biden acknowledged […]

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An Analysis of America's Rising Debt: The Great Debt Road Trip

June 27, 2009
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GOP Presidential Prospects Narrows as Ensign, Sanford Fall

June 27, 2009

The Grand Old Party’s 2012 presidential pool isn’t looking so grand these days. Add Nevada Sen. John Ensign’s and South Carolina Gov. Mark Sanford’s extramarital affairs to Louisiana Gov. Bobby Jindal’s unconvincing TV speech and Alaska Gov. Sarah Palin’s family dramas, and the Republican presidential herd is thinning fast — leaving many to wonder who […]

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Madoff Ordered to Forfeit $171 Billion

June 27, 2009

NEW YORK – Bernard Madoff would be stripped of all his possessions under a $171 billion forfeiture order handed down only days before prosecutors seek to put the disgraced financier away in prison for the rest of his life.

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JP Morgan: The New Kings of Wall Street? 2.4 Billion in Fees

June 27, 2009

NEW YORK (Fortune) — JPMorgan Chase is grabbing a bigger slice of a smaller dealmaking pie — leaving less for rival Bank of America. New York-based JPMorgan (JPM, Fortune 500) was the biggest fee earner on Wall Street in the first half of 2009, according to figures released Thursday by markets data firm Dealogic.

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Alan Greenspan Assesses the Economy, Talks Inflation Fears, Says Recovery Hinges on Home Prices

June 27, 2009

Greenspan: the US must reduce “its budget deficits and monetary base as soon as the current risks of deflation dissipate,” or deal with surging inflation. “Even absent the inflation threat, there is another potential danger inherent in current US fiscal policy: a major increase in the funding of the US economy through public sector debt.”

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South Carolina First Lady Jenny Sanford, Poised and Professional, Shows Exactly How Big a Jerk Her Husband Is

June 27, 2009

Jenny Sanford went to Georgetown, was a VP on Wall Street, and embodies Southern belle poise as she guts her husband with precision: “South Carolina first lady Jenny Sanford sat in her oceanfront living room Friday, recalling how her husband repeatedly asked permission to visit his lover in the months after she discovered his affair.”

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Obama Plans to Meet the Pope

June 27, 2009

President Obama will meet with Pope Benedict XVI next month in Italy. Robert Gibbs, the White House press secretary, announced Wednesday that Mr. Obama will meet Benedict on July 10 “to discuss a range of issues” relating to peace. It is the first time that Mr. Obama will meet with Benedict at the Vatican.

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For All the Controversy, ABC White House Special Struggled For Viewers

June 27, 2009

The one-hour ABC News special “Primetime: Questions for the President: Prescription for America” (4.7 million viewers, 1.1 preliminary adults 18-49 rating) had the fewest viewers in the 10 p.m. hour (against NBC’s “The Philanthropist” debut and a repeat of “CSI: NY” on CBS). The special tied some 8 p.m. comedy repeats as the lowest-rated program […]

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