Monthly Archives: February 2010

Day Of Reckoning: Congress Cuts Off Federal Unemployment Benefits For Millions Of Unemployed Americans

Starting on Monday, the unemployed in the U.S. will no longer be able to apply for federal unemployment benefits or the COBRA health insurance subsidy.  This means that millions of Americans that have been unemployed for a long period of time may suddenly find themselves without an unemployment check ...

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Bernanke delivers blunt warning on U.S. debt

Stage is set in U.S. for a Greek tragedy By Patrice Hill With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money ...

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Wall Street Oligarchy and American Empire

By Damon Vrabel Citibank’s recent announcement that it may require seven days notice prior to honoring withdrawals is just the latest small brushstroke on a much larger canvas being painted by the banking system and the US government. The broader picture is shocking for those watching as it comes into view. ...

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CD Panel Calls for FLU Vaccine for All

By Daniel J. DeNoon WebMD Health News Reviewed by Louise Chang, MD Feb. 24, 2010 — Everybody, not just those at risk of complications, should get a yearly flu shot, the CDC’s immunization advisory panel says. The CDC almost certainly will make universal flu vaccination official U.S. policy for this fall’s 2010-2011 flu season, as it ...

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US House Slaps Antitrust Law on Health Insurers

By Diane Bartz WASHINGTON, Feb 24 (Reuters) – The U.S. House of Representatives voted on Wednesday to take a 65-year-old antitrust exemption away from health insurance companies, leaning hard on an industry that has been the focus of criticism for fast-rising rates. The chamber voted 406 to 19 to effectively repeal an antitrust ...

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US Warns Iran “Tome & Patience is Running Out”

AFP The United States warned Iran on Tuesday that “time and patience is running out” with its nuclear program, saying Tehran had shown no interest in allaying world fears. White House spokesman Robert Gibbs said Iran’s recent pronouncements showed “they have no interest in building international confidence that their nuclear program is for ...

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Democrats Could Bypass GOP on Health Care Bill

From Ted Barrett and Deirdre Walsh, CNN Washington (CNN) — As a major White House meeting on health care reform approaches this week Senate Majority Leader Harry Reid acknowledged Tuesday that he may use a controversial parliamentary shortcut to bypass GOP opposition and pass a bill. The fast-track approach, known as reconciliation, would allow ...

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Federal Reserve Chairman Ben Bernanke Warns Congress That The Federal Reserve Will Not “Print Money” To Pay For The Exploding U.S. National Debt

On Wednesday, Federal Reserve Chairman Ben Bernanke warned Congress that the Federal Reserve does not plan to "print money" to help Congress finance the exploding U.S. national debt.  In fact, Bernanke told Congress that the U.S. could soon face a debt crisis as bad as the one in Greece if the ...

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The Little-Told Story of How the US Government Poisoned Alchol During Prohibition

By Deborah Blum It was Christmas Eve 1926, the streets aglitter with snow and lights, when the man afraid of Santa Claus stumbled into the emergency room at New York City’s Bellevue Hospital. He was flushed, gasping with fear: Santa Claus, he kept telling the nurses, was just behind him, wielding a ...

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Contractors Full-Time Workers at DHS; Lawmakers “Astounded”

Washington (CNN) — The Department of Homeland Security has more contractors working for it than full-time employees, a situation two members of Congress said Tuesday was “unacceptable, untenable and unsustainable.” Sen. Joseph Lieberman, the chairman of the Senate Homeland Security and Governmental Affairs Committee, and ranking Republican Susan Collins said they ...

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