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Posts Tagged ‘Matt Taibbi’

Will Obama listen to ex-Fed chief Paul Volcker’s warnings?

Posted by smeddum on September 17, 2009

Sep. 17 2009 —
Will Obama listen to ex-Fed chief Paul Volcker’s warnings?
trueslant
by Matt Taibbi

Sept. 16 (Bloomberg) — Paul Volcker, the former Federal Reserve chairman who’s an economic adviser to U.S. President Barack Obama, today renewed his call for a limit on the activities of banks that are considered “too big to fail.”

via Volcker Renews Call for Limits on Systemically Important Banks – Bloomberg.com. Read the rest of this entry »

Posted in Financial crisis | Tagged: , | Leave a Comment »

PhRMA’s Big Bribe Comes In

Posted by smeddum on September 15, 2009

Sep. 14 2009
Matt Taibbi
Matt Taibbi’s Blog at Trueslant

The drug industry’s trade group plans to roll out a series of television advertisements in coming weeks specifically to support Senator Max Baucus’s health care overhaul proposal, according to an industry official involved in the planning.

via Drug Makers to Back Baucus Plan With Ad Dollars – Prescriptions Blog – NYTimes.com.

I’ve been completely out of the loop with the health care story these last week and half or so, out of touch actually with the entire earth (I’ve been on a deadline on another story), but upon returning to work today I began getting calls about some alarming maneuverings in congress. We’re apparently finally seeing delivery of the Big Bribe that President Obama and Rahm Emanuel extracted from that pharmaceutical industry in exchange for dropping drug-pricing reform in the health care bill. Read the rest of this entry »

Posted in Ecological and Public Health Crisis | Tagged: , | Leave a Comment »