We're financing the banks so they can charge us more money

Sat, 11/28/2009 - 8:19am — lambert

An upcoming review of nearly 400 credit cards by the Pew Trusts Safe Credit Cards Project found that interest rates increased by a median of 2 percentage points in the first half of the year, even though it was cheaper for banks to lend money because the federal target funds rate — the rate banks use for loans to each other — fell by at least three-quarters of a point.

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As Jack Forbes says: Wetiko.

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Health care facts they don't want you to know

Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

* Medicare For All.

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MBF

Moronic Brownshirt Fuck. Originated by dave.

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Chat box

13:41:11 letsgetitdone Thanks
13:13:28 lambert lets -- up now!
13:12:40 letsgetitdone lambert, where is the link to the live blog
18:26:14 Michael Kwiatkowski lambert< Hey Lambert, feel free to cross-post on my blog. That's set up specifically for promoting candidates and causes. I put up links to some progressive and green party web sites, and I'm open to posting more.
20:09:38 lambert Tony, got your mail. I'm thinking, I'm thinking....
19:02:10 Sarah thx lambert. I'll resume lurking now...
16:04:47 lambert Sarah, this was a server issue now I hope resolved.
14:55:08 Sarah lambert, can you exempt my blog from calais? it keeps crashing my posts. I'll go to edit its tags and the "save" will time out.
08:11:01 BDBlue The tax situation does make it mostly ungovernable, which is an additional issue. No one wants a job where they are destined to fail. Right now that describes the California governorship.
07:50:17 nycweboy I always got the sense - my sister lived there while going to grad school and met her husband a native SFan as well - that California is just ungovernable. Neither party seems to be able to offer good Guvs, these days, Arnold inclusive.
15:44:18 BDBlue California's inability to produce decent Democratic candidates for Governor always astounds me. I think it's because the term-limits for State legislature prevents any real powerhouses and stars from developing. The entire system there is broken.
14:12:10 Jeff W That's why we need a Dem governor in—oh, wait, uh [url] [url]
01:51:55 hipparchia yay for the governator! [not]
00:03:31 Jeff W Single payer universal health care bill passes in California Senate [url] (but the governor will veto it)
07:44:51 lambert RL calls... Talk amongst yourselves....
07:47:22 nycweboy I think this "O'Keefe tries to tap Landrieu's phones" story will be a huge deal for the crazy right
20:46:09 BDBlue Welcome, nycweboy, l'm a regular reader of your blog. Good to see you here.
19:00:47 okanogen Yay nycweboy!!!!

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