Daily Readings 08-09-2012

By: admin
Published: August 9th, 2012

Diabetes May Be Reversed By Long-Used Vaccine For TB

A tuberculosis vaccine in use for 90 years may help reverse Type 1 diabetes and eliminate the life- long need for insulin injections, say Harvard University researchers raising money to conduct large, human studies.

Blink! U.S. Debt Just Grew by $11 Trillion

Republicans and Democrats spent last summer battling how best to save $2.1 trillion over the next decade. They are spending this summer battling how best to not save $2.1 trillion over the next decade.
In the course of that year, the U.S. government’s fiscal gap — the true measure of the nation’s indebtedness — rose by $11 trillion.

Over 100 Million Now Receiving Federal Welfare

Obama fast-tracks federal wind, solar energy projects

President Obama is fast-tracking seven federal wind and solar projects as the administration touts its energy policies amid GOP criticism over green investments and rising gas prices.

The projects in Arizona, California, Nevada and Wyoming will produce 5,000 megawatts of power, enough to run 1.5 million homes, the White House said in a statement announcing the decision.

Postal Service Posts Big Loss as Cash Runs Low

The U.S. Postal Service on Thursday reported a $5.2 billion quarterly loss and said it was nearly out of cash and likely to exhaust its government credit line in coming months.

Slow path to progress for U.S. immigrants

Immigrants lag behind native-born Americans on most measures of economic well-being — even those who have been in the U.S. the longest, according to a report from the Center for Immigration Studies, which argues that full assimilation is a more complex task than overcoming language or cultural differences.

Arrested illegals who were released charged with 16,226 subsequent crimes

Illegal aliens who have been released from custody between 2008 and mid-2011 have been charged with 16,226 subsequent crimes, including 19 murders, 142 sex crimes and thousands of drunk-driving offenses, drug-crimes and felonies, according to a new report from the nonpartisan Congressional Research Service.

IRS told employees to ignore potential fraud in program used by immigrants

IRS supervisors ignored employees who tried to warn agency higher-ups of fraud in a program designed to collect taxes from immigrants, resulting in the agency paying out potentially bogus refunds, according to an official audit released Wednesday.

World’s Oldest Shipping Company Closes In Industry Slide

The Baltic Dry Index, a gauge of rates to transport dry- bulk commodities including grains and coal by sea, is down 55 percent this year and on course for a fourth annual slide in five years, data compiled by Bloomberg show. The current slump is “one of the worst experienced for many years,” the shipping company said in the statement.

Obama Still Lying About Mother’s Health Insurance Problem

President Obama’s willingness to falsify the facts about a personal tragedy in order to make a political point speaks volumes about not only his cynicism but also his character. It’s important to remember that this is no misunderstanding but rather a bald-faced lie.

CBO: Obamacare Will Leave 30 Million Uninsured

A new Congressional Budget Office (CBO) report says that under the Affordable Care Act, a.k.a. Obamacare, 30 million non-elderly Americans will remain without health insurance in 2022.

One of the main arguments the Obama administration made for passing the Affordable Care Act was that it would provide coverage for the uninsured.

Currently, accoriding to CBO, there are 53 million uninsured persons in the United States, including uninsured illegal aliens. The CBO estimates that in 2022–8 years after the Affordable Care Act has been fully implemented–30 million people will remain uninsured.

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This entry was posted on Thursday, August 9th, 2012 at 10:22 pm and is filed under Chart, Links. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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