The US government debt and unfunded liabilities are too large to ever be repaid. Any serious analyst knows this. The question is when do these debts become too large to service. Free Market Economics
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How Obamacare Is Raising Your Taxes Obamacare brings tax increases for certain people, including a Medicare tax increase for high earners and increased taxes on net investment income (NII). Here’s a summary of what you need to know about Obamacare and your taxes. Healthcare 2.0 - Obamacare Reboots The Health Insurance Market A key issue for the insurance exchanges is whether enough younger and healthier people will take advantage of the new subsidized coverage.
CNNMoney - 4 hours ago Bank of America reported a quarterly loss Wednesday as legal costs hit the bank's bottom line. It's another reminder that the tentacles of the financial crisis are still squeezing Wall Street. Wall Street Journal - 41 minutes ago BEIJING--China's slowdown in growth, widely expected to continue through the second quarter at least, will boost pressure on Beijing to dial up stimulus measures and dial back structural reforms, economists said. iAfrica.com - 7 hours ago
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