Whacking the Old Folks

By William Greider for the Nation – In setting up his National Commission on Fiscal Responsibility and Reform, Barack Obama is again playing coy in public, but his intentions are widely understood among Washington insiders. The president intends to offer Social Security as a sacrificial lamb to entice conservative deficit hawks into a grand bipartisan…

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Healthcare overhaul won’t stop premium increases

The new law doesn’t prevent rate hikes such as Anthem Blue Cross’ double-digit increase last year. ‘It is a very big loophole,’ says Sen. Dianne Feinstein, who is pushing regulatory legislation. By Noam N. Levey for the LA Times – Public outrage over double-digit rate hikes for health insurance may have helped push President Obama’s…

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