Sunday, 28 July 2013

Paul Krugman: Potential success of health reform sending GOP to the brink

Leading Republicans appear to be nerving themselves up for another round of attempted fiscal blackmail. With the end of the fiscal year looming, they aren?t offering the kinds of compromises that might produce a deal and avoid a government shutdown; instead, they?re drafting extremist legislation ? bills that would, for example, cut clean-water grants by 83 percent ? that has no chance of becoming law.

Furthermore, they?re threatening, once again, to block any rise in the debt ceiling, a move that would damage the U.S. economy and possibly provoke a world financial crisis.

Yet even as Republican politicians seem ready to go on the offensive, there?s a palpable sense of anxiety, even despair, among conservative pundits and analysts. Better-informed people on the right seem, finally, to be facing up to a horrible truth: Health care reform, President Obama?s signature policy achievement, is probably going to work.

And the good news about Obamacare is, I?d argue, what?s driving the Republican Party?s intensified extremism. Successful health reform wouldn?t just be a victory for a president conservatives loathe, it would be an object demonstration of the falseness of right-wing ideology. So Republicans are being driven into a last, desperate effort to head this thing off at the pass.

For a while, Republicans convinced themselves that it was doomed to failure, and that they could profit politically from the inevitable ?train wreck.? But a system along exactly these lines has been operating in Massachusetts since 2006, where it was introduced by a Republican governor. What was his name? Mitt Somethingorother? And no trains have been wrecked so far.

The question is whether the Massachusetts success story can be replicated in other states, especially big states like California and New York with large numbers of uninsured. The answer depends in part on whether insurance companies are willing to offer coverage at reasonable rates. The answer, so far, is ?yes.?

The prospect that such a plan might succeed is anathema to a party whose whole philosophy is built around doing just the opposite, of taking from the ?takers? and giving to the ?job creators,? known to the rest of us as the ?rich.? Hence the brinkmanship.

So will Republicans actually take us to the brink? If they do, it will be crucial to understand why they would do such a thing.It won?t be because they fear the budget deficit, which is coming down fast. Nor will it be because they sincerely believe that spending cuts produce prosperity.

No, Republicans may be willing to risk economic and financial crisis solely in order to deny essential health care and financial security to millions of their fellow Americans.

Source: http://amestrib.com/sections/opinion/columns/paul-krugman-potential-success-health-reform-sending-gop-the-brink.html

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Tech News Headlines - Yahoo! News

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GOP?s new tech strategy leads to Silicon Valley in quest to ?leapfrog? Democrats (Washington Post)

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Campbell Hill Fire Department Runs Off Community Support

CAMPBELL HILL -- Many rural communities in our region depend on fundraising to persevere. In a Jackson County, one village's fire department has been self-funded for decades.

The Campbell Hill Picnic and Homecoming is hosting its annual fundraising event that has gone on for more than 50 years.

Picnic Chairman Charlie Hooks says all the money raised over the weekend is split between the American Legion and the volunteer fire department.

"Fundraising for the fire department and what they do and for equipment, and everything the legion does for the veterans and so forth and the schools," he says.

Unlike many fire departments, Campbell Hill is not run by the village, it's supported by the community.

"We get fire dues from each household. It's $30 a year," says Campbell Hill firefighter Dustin Vanover. "And then we have our picnics and fish fry and chicken fry."

Vanover says the department relies solely on fire dues, state grants, and fundraisers like this.

"It's our biggest fundraiser," he explains. "It helps us pay for our worker's comp, our insurance on our trucks, equipment, helps pay to keep everything modernized, so we can help somebody the best we can when we need to be."

Organizers say families come from all over to enjoy what the weekend has to offer. The three-day event is expected to generate thousands of dollars, while bringing Campbell Hill and it's surrounding communities together.

"Everything goes back to the community, but it takes the community to make this work," insisted Hooks.

Vanover adds, "Just something for all the firemen to get together and have a good time, you know? Most of the time it ain't good when we go somewhere, so we want to be able to get together and laugh and have a good time."

The festivities continue Sunday with a parade at 2 p.m., followed by a variety show and dance in the evening.

Source: http://www.wsiltv.com/news/local/Campbell-Hill-Fire-Department-Runs-Off-Community-Support-217260091.html

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Germany's president, who helped expose the workings of East Germany's dreaded St...

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Source: http://www.facebook.com/gmanews/posts/10151533334116977

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Obama: Next Fed head should consider average Joes

WASHINGTON (AP) ? President Barack Obama says his next Fed chairman should take ordinary people into account when setting monetary policy.

Obama tells The New York Times in an interview on the paper's website Saturday that he wants someone who won't just work abstractly to keep inflation in check and maintain stability in the markets. He says he wants the next Fed chairman to also promote policies that will help make ordinary people's lives better.

The president began a series of speeches this week promoting ideas for easing the burdens on the middle class.

Obama is considering replacements for Ben Bernanke, whose term as Fed chairman expires early next year.

Former Obama economic adviser Larry Summers and Janet Yellen, the Fed's current vice chair, are among the leading candidates for the job.

A senior White House official told The Associated Press on Friday that Obama was not expected to announce a replacement for Bernanke before the fall. The official was not authorized to speak by name about internal White House deliberations over personnel decisions.

Source: http://news.yahoo.com/obama-next-fed-head-consider-average-joes-211048003.html

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Monster Energy Yamaha - YART Takes Pole Position In Modified Superpole Session At Suzuka 8 Hours

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Source: www.roadracingworld.com --- Saturday, July 27, 2013
FIM Endurance World Championship Coca-Cola Zero Suzuka 8 Hours Suzuka Circuit, Japan July 27, 2013 Superpole Qualifying Results: 1. Monster Energy Yamaha - YART (K. Nakasuga/B. Parkes/J. Waters), Yam YZF-R1, 2:06.817 2. Yoshimura Suzuki Racing Tea... ...

Source: http://www.roadracingworld.com/news/?id=ef9b11a9-9dda-4595-8847-1e5b63967e0f

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