Another six US banks failed last Friday, bringing the total number of failures this year to 125, and to 265 over the last 2 years. Yet the issue of bank failures remains a non-issue for both incumbent politicians and their challengers in this mid-term election cycle.
Once I was finished reading the section devoted to spending discipline in the GOP’s “Pledge to America,” I couldn’t help but think to myself, “That’s a nice start, Rep. Boehner. So, what else ya’ got?”
Insider Monkey has written an interesting piece found over at Business Insider detailing the most “socialist” states in the Union. Many will find the results rather shocking especially the state that comes out number one.
He first details how he catagorizes his results and how came about them.
The authors of Obamacare purport to pay for the expansion of health care coverage to uninsured Americans in part by reducing payments to the Medicare Advantage program by some $145 billion over the next 10 years. But a new study by the Heritage Foundation finds that a big chunk of those savings is illusory.