History really does repeat itself: Months after they hammered Democrats for cutting Medicare, House Republicans are debating whether to relaunch their quest to privatize the health program for seniors. House Budget Committee Chairman Paul Ryan, R-Wis., is testing support for his idea to replace Medicare with a fixed payment to buy a private medical plan […]
In another example of the hypocrisy we see from the GOP, let’s have a look at that old “demon pass”: Emphasis added. Back in March 2010, House Democrats were toying with using a similar process to pass health care reform. They were considering the Senate health care package, which they hated, and a package of […]
There has been a lot of warnings lately that we are heading right towards another Lehman style collapse: Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc. “In the U.S. and […]