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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: tonyt who wrote (25798)	9/27/1998 11:50:00 AM
From: Cheryl Galt	Read Replies (2) \| Respond to of 32384

* OT * --- RE: H.R. 4578 WSJ: >> THE HOUSE of Representatives approved a five-year, $80 billion Republican tax-cut bill despite Democratic objections that it jeopardizes the future of Social Security << IMO, The bill will fail in the Senate, or be short of the 60% needed to override a veto. "But with congressional elections just six weeks away," it provides a terrific window dressing opportunity. I wonder how much of my tax dollars will be spent dealing with this bill, throughout its course. --------------------------------- RE: spin and hype (or, How SPIN is Accomplished) I see that the wsj LAUNCHED the ASSOCIATED PRESS's article under its OWN sound bite: >> House Approves Tax-Cut Bill >> Amid Democratic Complaints It's interesting how the choice of a single word reveals bias and perspective. "Amid Democratic Complaints" Complaints vs Opposition: Complaints sound whiney and weak (like naysayers). Opposition sounds principled and strong. Tax cuts are good, complaints are bad. The TECHNIQUE is called "editorial slant." End of news-parsing exercise. Regards, Cheryl PS I see, late in the article, that there IS Dem support for the particular tax cuts proposed: >> Most Democrats support the items in the tax bill but not use of a surplus that may not materialize to pay for them. << Sounds like opposition to unfunded directives to me. PPS, Tony, I love reading the WSJ. It's my favorite newspaper. It has more real news in less space with less ads than any other. It saves trees. And their editorials (whichever side) are to die for. The news is there; it's my job ( a fun job) to apply critical reading to observe the slant. ----------------------- PPS Link to Ligand: Already, Medicare does not cover prescription drugs, so that millions of seniors without medigap insurance cannot afford to buy their prescriptions at all, or in sufficient amount for proper compliance. Their doctors may or may not be aware of their patients' lack of compliance. Such Seniors are NOT customers for high priced new wonder-drugs. A weakened Social Security will add to the pool of those in second tier medical care, IMO.