UK: 100,000 terminally ill do not get proper care  

Andy Bloxham at The Telegraph:

Almost 100,000 terminally ill people do not get proper care, according to a Government review which concluded that a new funding system would save millions of pounds and better serve individuals.

I would like this system in the USA please. Obama, why do you keep giving out all of those exemptions? Think of how good things could be.

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Obama Pushes for a Deficit-Reduction Deal by July 22  

Damian Paletta at The Wall Street Journal:

WASHINGTON—The Obama administration believes congressional leaders must agree to a deficit-reduction deal by July 22 in order to raise the government’s borrowing limit in time to avoid a default in early August, according to Democratic officials with knowledge of the negotiations.

Fantastic initiative from a president with a great spending record. Oh, wait, I’m thinking of Ronald Reagan.

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First female IMF chief receives praise from former hometown of Chicago  

Ted Regencia at Xinhua:

CHICAGO, June 28 (Xinhua) — French Finance Minister Christine Lagarde made history Tuesday by becoming the first female managing director of the International Monetary Fund (IMF), and her appointment received wide praise in Chicago, where she once served as chairman of one of the world’s largest law firms.

Don’t forget to get your recommended daily dose of corruption. I’ll be keeping an eye on this one.

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Oil prices back to before strategic reserves tapped  

Steve Hargreaves at CNN Money:

NEW YORK (CNNMoney) — Oil prices have surged in the last few days and are now less than a dollar from where they were when President Obama made the controversial decision to tap the nation’s strategic reserve last Thursday.

That’s weird. Who would have thought that?

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Geithner to Consider Leaving Treasury After Debt Debate  

Hans Nichols at Bloomberg:

Treasury Secretary Timothy F. Geithner has signaled to White House officials that he’s considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the national debt limit, according to three people familiar with the matter.

What’s the matter, Keynesian economics not delivering? Here’s a free pro tip for you Geithner: taking water from the deep end and pouring it into the shallow end does not raise the level of the pool.1

  1. I’m not the originator of this analogy. I first heard it said by Rush Limbaugh.
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