Congressman Alan Grayson, (D-Orlando), today introduced a bill (H.R. 4789) which would give the option to buy into Medicare to every citizen of the United States. The “Public Option Act,” also known as the “Medicare You Can Buy Into Act,” would open up the Medicare network to anyone who can pay for it.
Congressman Grayson said, “Obviously, America wants and needs more competition in health coverage, and a public option offers that. But it’s just as important that we offer people not just another choice, but another kind of choice. A lot of people don’t want to be at the mercy of greedy insurance companies that will make money by denying them the care that they need to stay healthy, or to stay alive. We deserve to have a real alternative.”
The bill would require the Secretary of Health and Human Services to establish enrollment periods, coverage guidelines, and premiums for the program. Because premiums would be equal to cost, the program would pay for itself.
“The govern
15 minutes ago · Actor Corey Haim died this morning of an apparent overdose -- possibly accidental -- according to LAPD. He was 38.
Police tell us they were called to St. Joseph's hospital in Burbank, CA shortly before 4AM PT to investigate.
1 hour ago · DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spare tires or even the gas tank to drop to the road.
In November, Toyota Motor Corp had recalled 110,000 Tundras sold in 20 cold-weather states, saying exposure to heavy road salt could cause the corrosion. Toyota spokesman Brian Lyons was unable to say how many additional vehicles would b
1 hour ago · Nearly a year after the Obama administration announced a plan to help up to 1.5 million struggling homeowners modify their second mortgages, not a single homeowner has gotten any assistance.
The program, a part of the administration's $75 billion anti-foreclosure initiative, was supposed to induce mortgage servicers to coordinate payment reductions on additional mortgages when the first mortgage is modified under the administration's Home Affordable Modification Program.
But it's never got
1 hour ago · By ELLIOT SPAGAT
Snip: The officer said he told Sikes to push the brake pedal to the floor and apply the emergency brakes as the Prius neared 85 mph. The car slowed to about 55 mph, at which time Sikes says he turned off the ignition and the car came to a stop.
"The brakes were definitely down to hardly any material," Neibert told reporters Tuesday. "There was a bunch of brake material on the ground and inside the wheels."
The officer found the floor mat properly placed and the accelera
1 hour ago · March 10 (Bloomberg) -- The political consensus may be that President Barack Obama’s handling of the economy has been weak. The judgment of money in all its forms has been overwhelmingly positive, and that may be the more lasting appraisal.
One year after U.S stocks hit their post-financial-crisis low on March 9, 2009, the benchmark Standard & Poor’s 500 Index has risen more than 68 percent, and it’s up more than 41 percent since Obama took office. Credit spreads have narrowed. Commodity pri
2 hours ago · Iranian President Mahmoud Ahmadinejad has accused the US of playing a "double game" in Afghanistan after the US used the same term to condemn Iran's role.
Mr Ahmadinejad said the US had "created terrorists and now say they are fighting them", as he appeared with Afghan President Hamid Karzai in Kabul.
US Defence Secretary Robert Gates, who is also in Kabul, has accused Iran of giving the Taliban low-level support.
Later, Mr Karzai heads to Pakistan for talks with another key neighbour.
3 hours ago · STOCK MARKET WATCH, Wednesday March 10, 2010
Bush Administration Officials Convicted = 2
Name(s): David Safavian, James Fondren
Bush Administration Officials Charged = 1
Name(s): Richard Lopez Razo
Financial Sector Officials Convicted since 1/20/09 = 11
Dow... 10,564.38 +11.86 (+0.11%)
Nasdaq... 2,340.68 +8.47 (+0.36%)
S&P 500... 1,140.44 +1.94 (+0.17%)
Gold future... 1,122 -2.20 (-0.20%)
10-Yr Bond... 3.70 -0.02 (-0.46%)
30-Year Bond 4.68 -0.01 (-0.19%
4 hours ago · China's exports jumped by 46% in February compared with a year ago, raising hopes of a strong recovery in global trade.
The increase was higher than analysts' expectations of a rise of between 35% and 40%.
It is likely to increase pressure on the Chinese government to raise the value of the yuan, which the US in particular complains is undervalued.
China's imports also rose strongly, increasing by 44.7% last month.
4 hours ago · FBI indicts Colombo crime family members in extortion in World Trade Center demolition
March 10, 3:46 AM
Eight men allegedly connected to the Colombo crime family in New York are under indictment for alleged extortion and kickback schemes at the World Trade Center.
The indictment unsealed in a Brooklyn court Tues. morning included charges against Theodore Persico, Jr., Michael Persico, Thomas Petrizzo, Edward Garofalo, Jr., James Bombino, Louis Romeo, Alicia Dimichelle, and Mike Lnu.
4 hours ago · Israeli minister apologizes to Biden over homes plan
By Adam Entous and Jeffrey Heller
Reuters
Wednesday, March 10, 2010; 3:43 AM
JERUSALEM (Reuters) - An Israeli cabinet minister apologized on Wednesday after Israel embarrassed visiting Vice President Joe Biden by announcing plans to build 1,600 more homes for Jewish settlers.
Biden condemned the project, whose announcement clouded a mission to Israel that had been focused on reassuring Israelis that President Barack Obama was commi