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Archive for October, 2008

Spending on Medicaid could outpace economic growth

The amount of money spent on Medicaid could place significant stress on federal and state budgets over the next decade, according to forecasts from the U.S. Department and Health and Human Services.

Ron Paul: Government should leave the economy alone

The U.S. government is mistaken if it thinks that it can help the American people by interfering with the free market, according to Texas Representative Ron Paul.

BPA baby bottles banned in Canada

The U.S. Food and Drug Administration may have decided that the chemical bisphenol A (BPA) is safe, but the Canadian government has made it clear it thinks otherwise.

Bernanke calls for further stimulus

It was several months ago that President Bush signed a $170 billion stimulus package that he said could help prevent the U.S. from slipping into recession – now, there is talk of introducing another, similar measure.

Pittsburgh GPS case prompts privacy concerns

A court case that is currently in the federal courts in Pittsburgh could help set a precedent for how law enforcement officials handle global positioning system data.

Jim Rogers – Abolish the fed

Debt or Ponzi?

I think the American people have a tendency to confuse the term debt with ponzi. The trouble is that we try to apply the conventional definition of debt as a legitimate accounting concept. It cannot be done as refers to the so-called national debt.

Social security boost for retirees

Retirees who have been fretting over the state of the stock market and their nest egg have a bit of good news to look forward to – social security benefits are rising by 5.8 percent in 2009.

New state laws aim to protect customer privacy

A new law that took effect in Nevada this month aims to help protect data gathered by businesses about their customers, the Wall Street Journal reports.

Buffett promotes buying U.S. stocks

Investor Warren Buffett, one of the richest men in the world, has announced that he is buying American stocks.

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