06/10/09

When Maine's legislators head home for summer recess later this month, they should queue up this old Beatles' song in their iPods. With work still to be done, they'll be back in Augusta sooner rather than later.

 

"A housing rebound is a virtual impossibility based on any honest assessment of the facts."  So writes James Quinn.  If you read nothing else about the state of the U.S. economy, read this.

 

THE NEED FOR HEALTHCARE REFORM:  This study finds that 62% of all bankruptcies in the U.S. arise from medical debts, despite the fact that three-fourths of all medical debtors have health insurance.  Something is not working.

 

Sign Ron Paul's petition to have the Federal Reserve audited.

 


Who is that performing on the BillHine.org MusicPlayer?

 

 

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"Banks continue to overstate asset quality. The bankers pressured Congress, which extorted the Financial Accounting Standards Board, which gutted the accounting rules on loss recognition. Because there were no real examinations, there were no real stress tests."

--William Black, former bank regulator

and author of

The Best Way to Rob a Bank Is to Own One

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