Into the Belly of the Beast

Matt Taibbi gets himself indoctrinated, so we can understand the religious right. here are a few choice cuts:
The set-up:
I had been attending the Cornerstone Church for weeks, but this was really my first day of school. I had joined Cornerstone — a megachurch in the Texas Hill Country — to get a look inside the [...]

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A Little Meat with Your Listeria?

Another massive recall, this time for Listeria.
A New York food company is recalling more than 286,000 pounds of meat and poultry because it might be contaminated with the bacteria Listeria monocytogenes.
The voluntary recall includes several different brands of fresh and frozen products made by Gourmet Boutique, the U.S. Department of Agriculture said Saturday.
Included are some [...]

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Insurers Continue to Abuse Elderly Under MMA

Almost since it’s inception, MMA (Medicare Modernization Act) has been a collossal failure for the people, turning them into consumers of medicine and health care. Now, states are really feeling the pinch as prescription meds continue to rise, and more importantly, private insurers continue to abuse the system.
State officials say they will soon ask Congress [...]

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MacGyvering Wall Street

Krugman brings up some good points today.
Because the institutions in trouble weren’t called banks, the Fed’s usual tools for dealing with financial trouble, designed for a system centered on traditional banks, were largely useless. So the Fed has cobbled together makeshift arrangements to save the day. There was the TAF and the TSLF (don’t ask), [...]

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