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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (118709)11/30/2011 8:04:52 AM
From: lorne4 Recommendations  Read Replies (2) | Respond to of 224744
 
Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

The Fed didn't tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn't mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed's below-market rates, Bloomberg Markets magazine reports in its January issue.

FULL ARTICLE >>>

bloomberg.com



To: Kenneth E. Phillipps who wrote (118709)11/30/2011 8:22:10 AM
From: TideGlider3 Recommendations  Read Replies (2) | Respond to of 224744
 
Yes, the Obamacare raised states Medicaid coverage...against their will. Obama didn't cover them. now the states have to make up the difference.



To: Kenneth E. Phillipps who wrote (118709)11/30/2011 10:57:56 AM
From: Paul V.1 Recommendation  Respond to of 224744
 
Kenneth, The number of children without health insurance in the U.S. has dropped by 1 million in the past three years, according to a report released Tuesday by Georgetown University.


Can't you see the Republicans wanting to repeal the healthcare bill with the taking of these children off healthcare, the replacing the donut hole with 100% from 50% starting 2012, eliminating the pre-existing condition protection clause, dropping the kids living with their parents and covered until 26, plus the insurance companies now fighting against the elimination of the mandate to purchase insurance. I would love to see the Republican's to try. They would lose one h_ll of a lot of votes, IMO. Even if they gained control of the Senate they would not have control until they had 61 votes which I doubt they would get.