Daily Archives: October 12, 2009

Timmy’s Telephone Travesty

The Daily Beast

By Simon Johnson

Simon JohnsonSimon Johnson is a professor at MIT’s Sloan School of Management, and a senior fellow at the Peterson Institute for International Economics.

New revelations about Tim Geithner’s phone records show an appallingly small Wall Street circle. With a probe likely, Simon Johnson says the Treasury secretary needs a bailout—from Larry Summers.Treasury Secretary Tim Geithner faces a major public-relations problem. His phone records and broader calendar, obtained by the Associated Press, indicate that most of his contacts with the financial sector in the first seven months of this year were in fact with just three mega-banks: Goldman Sachs, Citigroup, and J.P. Morgan Chase. Continue reading

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Insurers mount attack against health reform

American-Eagle-and-Flag--C10055018 By Bob L : NEWS AS I SEE IT!

I can not come up with what they come up with on how Americans are going to pay for health insurance if when people start going back to work if wages are low wage jobs.
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AP

By RICARDO ALONSO-ZALDIVAR, Associated Press Writer

WASHINGTON – After working for months behind the scenes to help shape health care reform, the insurance industry is now sharply attacking the emerging plan with a report that maintains Senate legislation would increase the cost of a typical policy by hundreds, or even thousands, of dollars a year. Continue reading

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‘Die quickly’ congressman new hero for Fla. Dems

American-Eagle-and-Flag--C10055018 By Bob L : NEWS AS I SEE IT!

I don’t believe that any one could be this stupid, ( U.S. Rep. Alan Grayson, who said late last month that Republicans’ health care plans amount to wanting sick people to “die quickly,” told a wildly enthusiastic crowd of about 2,000 Democrats Saturday that the GOP should change its name to “The Selfish Party.“)

If any one thinks that the DEMOCRATS are not selfish, then they are not paying attention to what is going on or they are not listening to what they are really saying.
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AP
By BRENDAN FARRINGTON, Associated Press Writer – Sat Oct 10

LAKE BUENA VISTA, Fla. – Weeks after his harsh remarks toward the GOP, a Florida congressman’s popularity with Democrats isn’t dying quickly. Continue reading

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