Showing posts with label HuffPost. Show all posts
Showing posts with label HuffPost. Show all posts

Friday, September 4, 2009

US Healthcare and Education Issues at HuffPost

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So We Can't Have Single Payer for Health Care, But How About Single Payer for Education? By Arianna Huffington

Health care is rightly dominating the national debate, but with children all across the country heading back to school, education, currently seated in the back row of the national classroom, is raising its hand and asking to be called on.

On Tuesday (Sep 8), President Obama will be giving
a nationally televised speech on education to America's students, broadcast on C-SPAN and the White House website. On the same day, the Bill and Melinda Gates Foundation is sponsoring a major conference in Los Angeles that will serve as the kick off of Get Schooled, a far-reaching initiative geared to developing solutions to the problems facing America's education system. (I'll be one of the speakers)… Read more

Addendum, Sep 7: Obama Back To School Speech: FULL TEXT
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Friday, August 7, 2009

Status of Fixing the US Financial System

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Excerpt - Talking to George Stephanopoulos last week, Tim Geithner bragged about the success of the bailout: "We've already earned about $6 billion for the taxpayer on those investments." Sounds great -- unless you consider the fact that we've we actually "invested" $4.7 trillion in our bank bailout. Shouldn't we demand to know what happened to the remaining $4.694 trillion?

Reforming the credit-rating agencies, to avoid ratings shopping by financial institutions and the fundamental conflict of having rating agencies be paid by the companies they are rating -- no wonder so much junk got AAA ratings -- got a hearing in the Senate yesterday, but we may not see action on this
until next year.

Legislation to reform executive pay
passed the House last week. The need for this reform was highlighted … Read more (by Arianna Huffington, Huffington Post, Aug. 6, 2009)

FK Comment

While the reform window closes, unfortunately, another collapse appears to be inevitable. Yes, the AAA rating system is still junk. I agree, we should demand what happened to the remaining (yet roughly) $4.7 trillion which US taxpayers spent on the bailout. (HuffPost profile/comments)