Expert: Healthcare Reform Hidden Costs To Trigger ‘Massive’ New Taxes

Congress is using “every budget gimmick in the book” to conceal hundreds of billions in healthcare-reform costs that will lead to “massive tax increases” and higher insurance premiums, one of the country's leading healthcare experts warns.
Dr. Robert E. Moffit, a senior official in the Department of Health and Human Services during the Reagan administration, who [...]

Army Says Morale Has Fallen Among Troops In Afghanistan

WASHINGTON — Morale has fallen among soldiers in Afghanistan, where troops are seeing record violence in the 8-year-old war, while those in Iraq show much improved mental health amid much lower violence, the Army said Friday. It was the first time since 2004 that soldier suicides in Iraq did not increase. Self-inflicted deaths in Afghanistan [...]

Joseph Cao: Voting For Health Reform Was “A Decision Of Conscience”

The one House Republican to support health care reform said on Sunday that his decision to back the bill was driven by his conscience and the needs of his district and not back-room dealing with the White House or Democrats.
Rep. Joseph Cao (R-La), appearing on CNN, said that he cast his vote in favor of [...]

Unemployment Rate Hits 10 Percent For The First Time Since 1983

WASHINGTON — The unemployment rate has surpassed 10 percent for the first time since 1983 – and is likely to go higher.

Nearly 16 million people can’t find jobs even though the worst recession since the Great Depression has apparently ended. Many economists worry that persistently high unemployment could undermine the recovery by restraining consumer spending, [...]

‘We got walloped’

Two big questions loom in the wake of the 2009 elections. The first is whether Barack Obama learned anything new about American voters. The second is whether American voters will soon learn something new about Obama.
For a president who likes always to convey confidence and cool, the returns will test his willingness and capacity for [...]

GOP Folds On Unemployment Benefits Fight: 14-Week Extension Passes

The GOP called for the check Wednesday night, having had enough of the fight over an extension of unemployment benefits that the party had held up for several weeks.While the Senate was stuck in parliamentary limbo, some 200,000 people actively looking for work lost their unemployment benefits.
The bill extends unemployment benefits for an additional [...]

Student Loan Crisis

Iraqi Woman In US Dead After Father Runs Her Over For Being Too Westernized

PHOENIX — A young Iraqi woman whose father allegedly hit her with his car because she had become too Westernized died from her injuries Monday after laying in a coma for nearly two weeks.
Noor Faleh Almaleki, 20, underwent spinal surgery and had been in a hospital since Oct. 20, when police say her father ran [...]

Is Wall Street really so sorry?

Wall Street keeps saying it’s sorry. It’s sorry for those bad bets on subprime mortgages. Sorry about the stock market crash. Sorry for needing those bailouts. JPMorgan Chase CEO Jamie Dimon has admitted his industry “made its share of mistakes.”
But nobody in Washington is buying its contrition.
“The industry, I think, has a long way to [...]

Gorbachev: Bush 41 called Reagan ‘extreme,’ said GOP supporters ‘blockheads’ | Raw Story

Vice President George H. W. Bush confided in Soviet leader Mikhail Gorbachev that he believed Ronald Reagan was an “extreme conservative” supported by “blockheads and dummies,” the former Soviet leader claims.
“In 1987, after my first visit to the United States, Vice President Bush accompanied me to the airport, and told me: ‘Reagan is a conservative. [...]

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