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Archive for October 6th, 2008

We’ve always wondered how John McCain would pay for his health plan. Today’s WSJ pulls no punches — massive cuts to Medicaid and Medicare.
John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts of $1.3 [...]

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Meanwhile oil prices are sinking well below the $100 threshold.
Oil prices fell to an eight-month low below $90 a barrel Monday on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil.
Significant gains by the U.S. dollar against the euro also contributed to slumping oil prices. By [...]

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On the heels of a massive bail-out, which is now law, Wall Street is still in shambles.
Stock were in for a bruising on Monday after a deepening financial crisis in Europe heightened worries about a global economic slowdown.
The S&P, Dow and Nasdaq futures – trading that gives an indication of how stocks may move in [...]

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The LATimes looks over McCain on his military record.
John McCain was training in his AD-6 Skyraider on an overcast Texas morning in 1960 when he slammed into Corpus Christi Bay and sheared the skin off his plane’s wings.
McCain recounted the accident decades later in his autobiography. “The engine quit while I was practicing landings,” he [...]

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I’m sure this won’t be much of a popular topic, not at this point in time during the election cycle and the current economic crisis that have been dominating the news and our attention. But it is an event that is worthy of mentioning. The Nobel Prize for medicine has be awarded to three Europeans.
Germany’s [...]

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