McCain and Cheney are both visiting Iraq, highlighting their commitment to that black hole of spending. Bear Stearns has just had to be bailed out and sold and there are bad rumors everywhere about a few other overstretched, poorly managed Wall Street names including Lehman Brothers and Merrill Lynch. It's obvious that a bailout/rescue/money pit is being geared up for those companies as well, possibly others. These are the financial institutions that were chugging along with major assets.
A bailout is not going to be cheap so where is the money going to come from? As a country, how can we afford Iraq, Wall Street bailouts plus the normal services that Americans want, need and deserve? It's obvious taxes now have to go up thanks to Republican mismanagement of the economy but that's only just the start.
Transforming American Medicine
-
Robert Frank is relatively optimistic that American medicine can be
transformed away for our current fee-for-service model into something more
like the May...
22 minutes ago






