Free Republic

To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy. The Federal Reserve is prepared to address any liquidity pressures that may arise. The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one...

full title...LETTER: Ralph Nader questions Obama administration’s ‘legal authority’ to shut out Fannie and Freddie shareholders from future profits....Political activist and former presidential candidate Ralph Nader is questioning the “legal authority” of the Obama administration’s secret decision to prevent Fannie Mae and Freddie Mac shareholders from obtaining any future earnings in the government sponsored enterprises (GSE). Nader slammed the administration’s actions in a letter he sent to Treasury Secretary Jack Lew, which was obtained by The Daily Caller. The administration’s decision to shut out shareholders means that the mortgage-lending giants Fannie Mae and Freddie Mac, which received a $189.5...

That's the title of a new book by Fred Jerome, a compilation of essays from these and other noteworthies: This anthology features essays by revolutionary thinkers, activists, and artists-including Academy Award-winning filmmaker Michael Moore, civil rights activist Angela Davis, incarcerated journalist Mumia Abu Jamal, and economist Rick Wolff- addressing various aspects of a new society and, crucially, how to get from where we are now to where we want to be, living in a society that is truly fair and just. I suppose that's one way to describe their vision. I might ask the question, "fair and just for whom"?...

...Snip In an email to supporters on the second anniversary of the law, campaign manager Jim Messina writes to supporters "Here's to two years of making the lives of millions of Americans better every single day. If you're tired of the other side throwing around that word like it's an insult, then join me in sending a message that we're proud of it." "Let everyone know: 'I like Obamacare,'" Messina writes. "What's not to like? Obamacare means you won't have to pay out of pocket for preventive care like cancer screenings and birth control, insurance companies can no longer drop...

The newly formed Anthony Weiner-led Weiner Democratic CAUKus (WDC) – what Republican leaders are calling the new 'old boys' club' -- announced plans Wednesday to push for a nationalized WeinerCare program. The Weiner Democratic CAUKus claims that millions of men are suffering from underexposed and undertreated weiners and yet another government-mandated nationalized program is needed to address the vast half-mast hidden problem. At this time, the WDC plans to introduce a weinercare reform package that will be available for public examination on Twitter. “With the economy having gone south, we need to let the American people know that we're not...

Came across this while on youtube yesterday. HILLARIOUS! Shows the mindset of Democrats. Here is the about page of a typical Obama supporter in Bolshevik redTo all conservatives suffering from me-ism. The price of living in great societies like America is "progressive" taxation. You "individuals" all enjoy the services made possible by a collective society such as the Internet you are enjoying now. The leaders of these said societies are elected to disperse the revenues gained through taxation for the well-being of the "society" not the "individual". It's called "socialism" and without it, there can be no society. Without a...

RUSH: Let me go back to the Washington Post, because on Monday the 7th, the Washington Post published an article that very few people talked about and was little noticed, about changes in the mortgage market since Freddie Mac and Fannie Mae were taken over a year ago. According to the Washington Post -- this is a quote -- "Only one lender of consequence remains [in the mortgage market]: the federal government..." The mortgage industry has been nationalized. "[N]early 90 percent of all new home loans are funded or guaranteed by [YOU!] taxpayers... The government has the power to decide...

The Ugly Truth About Canadian Health Care David Gratzer Socialized medicine has meant rationed care and lack of innovation. Small wonder Canadians are looking to the market. Mountain-bike enthusiast Suzanne Aucoin had to fight more than her Stage IV colon cancer. Her doctor suggested Erbitux—a proven cancer drug that targets cancer cells exclusively, unlike conventional chemotherapies that more crudely kill all fast-growing cells in the body—and Aucoin went to a clinic to begin treatment. But if Erbitux offered hope, Aucoin’s insurance didn’t: she received one inscrutable form letter after another, rejecting her claim for reimbursement. Yet another example of the...

NHS treatment will be available for tens of thousands of failed asylum seekers to ensure their human rights are honoured, it was announced yesterday. At present, they are denied free treatment if an asylum bid has been turned down but they have not left the country. But a Government U-turn means failed applicants who are destitute or cannot return home 'through no fault of their own', will be entitled to free care.

Dr.Kennedy was a Christian statesman and minister who died last year...but whose ministry and programs continue to beam truth to our troubled nation and world. This interview with a woman from Canada who was losing her eyesight and needed to see specialists and have surgery and her ordeal and eventual use of American healthcare - for which she paid out of pocket - which saved her eyesight and likely her life.

This is SO not surprising: [Youtube Video] I came across this by watching Glenn Beck. He credited Verum Serum for the video, and then improved it. Only for some reason my browser doesn't access Fox News video. Just to give full credit to where it is due, and to direct attention to what may be an even better damnation of the liberal-Obama agenda on health care. Some great quotes: "A public option will put the private insurance industry out of business and lead to single-payer" - Rep. Jan Schakowsky (to wild applause). "Someone once said to me that this is...

IndyMac will soon earn the first half of its name back. The government, which seized the failed bank last summer, is expected to close a deal in the next week that would return the California mortgage lender to private ownership. For IndyMac, the deal means independence in less than eight months. For the government, the IndyMac sale provides a shining example that takeovers can work at a time when the Obama administration may soon begin pushing for more nationalizations. (See 25 people to blame for the financial crisis.) "The fact that the government ownership of IndyMac is coming to an...

Thanks to the fantastic and timely recent IMF paper and database on historical financial crises by Luc Laeven and Fabian Valencia, we can identify other instances in which a government took equity stakes in major banks as part of a recapitalization program. This has happened five times since 1970, according to Laeven and Valencia: Finland Jamaica Japan Korea Norway Crisis date (year and month, respectively ) Sep-91 Dec-96 Nov-97 Aug-97 Oct-91 Recap cost to government (gross) (as % of GDP respectively) 8.63% 13.90% 6.61% 19.31% 2.61% Recovery proceeds (% of GDP respectively) 1.72% 4.95% 0.09% 3.50% 2.00% Recap cost to...

British 'Moralist' says Dementia Patients Have a 'Duty to Die' By Hilary White 9/23/2008 LifeSiteNews (www.lifesitenews.com) "If you're demented, you're wasting people's lives - your family's lives - and you're wasting the resources of the National Health Service." LONDON, (LifeSiteNews) - ... Baroness Mary Helen Warnock has said that people suffering dementia have a duty to commit suicide. Baroness Warnock, .... said that she hopes people will soon be "licensed to put others down" who have become a burden on the health care system. She told ... "If you're demented, you're wasting people's lives - your family's lives - and...

Sen. John McCain on Monday rejected a "big government" takeover of the health care system, saying he wants to empower families to make more medical decisions. "I've made it very clear that what I want is for families to make decisions about their health care, not government, and that's the fundamental difference between myself and Sen. Obama and Sen. Clinton," McCain told reporters in Miami, Florida, referring to the two remaining Democratic presidential candidates, Sens. Hillary Clinton and Barack Obama. "They want the government to make the decisions, I want the families to make decisions," he said. During a speech...

When health care is made to seem "free" at the point of consumption, demand for health services will rise uncontrolled unless it is restrained by something other than cost. If market forces do not allocate health-care resources, then long waiting lists, limited access to specialized care, and government-rationed supply will characterize the health-care system. These consequences, described by John C. Goodman, Gerald L. Musgrave, and Devon M. Herrick in Lives at Risk: Single-Payer National Health Insurance Around the World, are endemic in nations that have adopted a system of single-payer national health insurance. Lives at Risk takes head on many...

from the Kerry Ammo Armory...email-able, copyright-ready cartoon you can use in emails, on blogs, in flyers, on posters... anything that's noncommercial.   click the yellow glass ball for more graphics/ammo you can use  

INVESTOR'S BUSINESS DAILYHealth Care: Hospitals everywhere tend to be dirty places, but in Britain they tend to be downright lethal. Should we blame this on nationalized health care? It would be shortsighted not to place some of the culpability on Britain's socialist medical system. Nationalized health care, no matter how swell its supporters think it is, is afflicted with the same institutional flaw that plagues all collectivist systems: It lacks the proper incentives necessary to ensuring quality performance.In Britain, home of the National Health Service, the media are reporting that 5,000 patients die a year from hospital-acquired infections that contribute...

Over 400 on Tullamore hospital waiting list by Eilís Ryan deputy editor There are 342 adults and 83 children on the waiting list for in-patient treatment at the Midland Regional Hospital in Tullamore - despite a 5.9 per cent fall in the waiting list, according to the Department of Health and Children. The Department figures also show that day case waiting lists have been rising at the Hospital, and throughout the Midland Health Board. Overall, however, waiting lists in the Midland Health Board area have fallen by 5.8 per cent. The statistics, which date from the end of March, show...