www.financemoneybusiness.com Barbara Goldsmith discusses the economy, banks, unemployment, crime, future predictions.

“The Finance Committee chairman’s bill is a tangled web of federally-dictated insurance regulations, which would control every aspect of health insurance from covered benefits to permissible premiums. The bill would centralize the power of medical decisions with politicians and bureaucrats, not patients and doctors. And it would result in higher health insurance premiums, less consumer choice, and, ultimately, the rationing of health care.” — US Senate Republican Whip Jon Kyl speaking on …

As the last of five congressional committees completed work Tuesday on a health-care reform package, lawmakers braced for a debate before the full House and Senate about whether Americans are ready to embrace the far-reaching changes necessary to extend coverage to millions of Americans. With the backing of a lone Republican, the Senate Finance Committee voted 14 to 9 to approve legislation that would, for the first time, require every American to have health insurance. The package would …

The Stench of Truth 174 Three more promises of reform which will fail to deliver. Healthcare reform that puts off the table single payer, and a public plan is already signalling no real reform of a bloated and broken system. The consumer finance reform effort is similarly flawed with no real details and no notion of what power it will have. The so-called credit card reform bill showed us what kind of reform we could expect in this regard. Immigration reform, is just disguised amnesty. What …

articles.mercola.com The Comptroller General of the United States proclaims that our current standard of living is unsustainable unless drastic action is taken. He warns that funding shortfalls for the Medicare program is five times worse than Social Security, and it will take TRILLION to pay for what is promised today to beneficiaries, of which we have ZERO! This unrealistic “promise” is fiscally irresponsible and is mortgaging the futures of our children and grandchildren. Watch as the …