Top Obama Advisers Proposed Voucherizing Medicare Way Back in...2010?

Top Obama Advisers Proposed Voucherizing Medicare Way Back in...2010?


Top Obama Advisers Proposed Voucherizing Medicare Way Back in...2010?

Posted: 12 Sep 2012 06:38 PM PDT

Last week, I noted the strange fact that President Obama—and his top advisers—decry the Romney-Ryan plan for Medicare reform, because it incorporates the concept of "premium support," while applying the same principles to 25 million low-income Americans under Obamacare. Thus far, the Obama campaign has been unable to account for this inconsistency. Well, on Monday, we learned that a top Obama health-care adviser actually proposed going around Congress to voucherize Medicare, in his words, just two years ago. It's time for President Obama to own up. Either the Romney-Ryan plan is sound, or Obama's campaign is being dishonest.


Mexican Navy captures top drug boss "El Coss"

Posted: 12 Sep 2012 09:37 PM PDT

MEXICO CITY (Reuters) - The Mexican Navy has captured one of Mexico's most wanted drug bosses, the head of the Gulf Cartel, the government said late Wednesday, in the latest high-profile arrest in President Felipe Calderon's crackdown on organized crime. The government said it would reveal more details about the capture of Jorge Costilla, alias "El Coss," early on Thursday. Such figures are often paraded in front of the media, handcuffed and dressed in flak jackets. ...


Mexico: Purported Gulf drug cartel leader caught

Posted: 12 Sep 2012 09:45 PM PDT

Mexican marines detained a man believed to be the leader of the Gulf drug cartel in the northern state of Tamaulipas, across the border from Texas, the navy announced late Wednesday.


Mexican Navy captures top drug boss "El Coss"

Posted: 12 Sep 2012 09:37 PM PDT

MEXICO CITY (Reuters) - The Mexican Navy has captured one of Mexico's most wanted drug bosses, the head of the Gulf Cartel, the government said late Wednesday, in the latest high-profile arrest in President Felipe Calderon's crackdown on organized crime.


China's absent VP mentioned in news report

Posted: 12 Sep 2012 09:56 PM PDT

In this May 4, 2012 photo, Chinese vice Premier Li Keqiang, center, stands up while Zhou Yongkang, left, and Li Changchun, right, both Communist Party Politburo Standing Committee members, clap at a conference to celebrate the 90th anniversary of the founding of Chinese Communist Youth League at the Great Hall of the People in Beijing, China. Xi Jinping, China's vice president, has not been seen in public since Sept. 1, fueling speculation that he suffered a health crisis that forced him to cancel meetings with Hillary Clinton and others. Much attention will likely turn to Executive Vice Premier Li Keqiang, who many had picked as Hu Jintao's preferred successor before Xi emerged in late 2007 as a choice more acceptable to the party's factions. (AP Photo/Alexander F. Yuan)China's missing leader-in-waiting, Xi Jinping, was mentioned Thursday in an official newspaper report, state media's only reference to him since he dropped from sight 12 days ago, sparking rumors of illness.



Libya attack represents challenge for Obama

Posted: 12 Sep 2012 09:05 PM PDT

What President Obama on Wednesday called the "outrageous and shocking" attack that killed the U.S. ambassador to Libya left his administration with a diplomatic crisis that threatened to undermine its long-term strategy in the Arab world.

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Apple: No Surprises, But The Street Is Happy; Next, The Mini

Posted: 12 Sep 2012 04:57 PM PDT

Apple on Wednesday delivered almost exactly what the Street had expected: a spiffy new iPhone 5 and new iPods. No iPad Mini just yet, no  connected televisions, no Mac upgrades, no "one more things." The surprises were limited. But with the iPhone ready to launch a week from Friday, the [...]


Russian PM says Pussy Riot should be freed

Posted: 12 Sep 2012 08:32 PM PDT

Medvedev offers personal opinion about two-year jail sentence for three punk band members convicted of hooliganism.


The Five Things From Apple's iPhone 5 Launch That CIOs Will Care About

Posted: 12 Sep 2012 04:47 PM PDT

Here's the news from today's Apple launch that enterprises and their CIOs, IT leaders and mobile business leaders need to know.


Business Model Innovation: East Meets West Delivers Sanitation Solutions at Scale

Posted: 12 Sep 2012 04:45 PM PDT

John Anner In a recent interview with John Anner, President of the East Meets West Foundation, we discussed their efforts to provide clean water and sanitation services in Southeast Asia, a recent $10.9M grant by the Bill and Melinda Gates Foundation to expand on their work, how they go about measuring [...]


Australian man detained in counter-terror raids: police

Posted: 12 Sep 2012 08:26 PM PDT

CANBERRA (Reuters) - Australian police have detained a 23-year-old man, who they said on Thursday they expect to charge under counter-terrorism laws, after raids on about a dozen homes during which an unspecified number of weapons were seized. The raids were conducted by state and national police on 11 homes in Melbourne, Australia's second-largest city and the capital of southern Victoria state, on Wednesday. Computer equipment, including a memory stick containing violent material, was seized along with a number of registered firearms and fake weapons, police said. ...


China says tensions with Japan likely to hurt trade

Posted: 12 Sep 2012 10:02 PM PDT

BEIJING (Reuters) - China warned on Thursday that trade with Japan could be hurt by the sudden flare-up in tension over a small group of disputed islands that is threatening relations between Asia's two biggest economies. The United States earlier this week urged both sides to tone down their increasingly impassioned exchanges over an issue that has been simmering for years. ...


Rock throwing erupts at Venezuela campaign event

Posted: 12 Sep 2012 08:08 PM PDT

Supporters of Venezuela's President Hugo Chavez hurl stones at supporters of opposition candidate Henrique Capriles, who were hurling stones back, outside the International airport in Puerto Cabello, Venezuela, Wednesday, Sept. 12, 2012. Violence broke out at the opposition campaign event as Chavez supporters blocked a road and a campaign truck was torched. (AP Photo/Ariana Cubillos)Violence erupted at an opposition campaign event Wednesday as supporters of Venezuelan President Hugo Chavez blocked a road and a campaign truck was torched. Both sides hurled rocks, and police said at least 14 people were hurt.



VIDEO: Shopping for Mr Right in Paris

Posted: 12 Sep 2012 08:06 PM PDT

Shoppers hitting the streets of Paris could now be going home with a man in their shopping baskets.


Australian man detained in counter-terror raids: police

Posted: 12 Sep 2012 08:26 PM PDT

CANBERRA (Reuters) - Australian police have detained a 23-year-old man, who they said on Thursday they expect to charge under counter-terrorism laws, after raids on about a dozen homes during which an unspecified number of weapons were seized.


Liberty Media Almost to the 50% Mark at Sirius XM

Posted: 12 Sep 2012 04:22 PM PDT

Liberty Media is close to a 50% ownership position o f Sirius XM Satellite Radio after announcing on 9/12/2012 that it now owns 49.7% of the shares outstanding or equivalents. The Wall Street Journal reports that Liberty is likely to replace the Board and not likely to retain Mel Karmazin. For now, it appears that Liberty will retain SIRI in its own account and reclaim the $1.5 billion it is spending to buy the additional shares needed to gain control by either having SIRI repurchase the shares from its own cash flow or pay dividends to shareholders, half of which will go to LMCA as the majority shareholder.


Supporters throw stones in Venezuela pre-election clash

Posted: 12 Sep 2012 07:15 PM PDT

Rival supporters of Venezuelan President Hugo Chavez and opposition candidate Henrique Capriles clash in Puerto CabelloCARACAS (Reuters) - Rival supporters in Venezuela's presidential election fought and threw stones on Wednesday before a campaign stop by opposition leader Henrique Capriles less than a month before the October 7 vote. Both sides blamed each other for the worst flare-up since the campaign began in July. Several people were hurt as dozens clashed around an airport in Puerto Cabello - even chasing each other across the runway - where Capriles had been due to land. One pickup truck carrying opposition campaign materials was set on fire, and at least one other car was smashed up. ...



China says tensions with Japan likely to hurt trade

Posted: 12 Sep 2012 10:02 PM PDT

BEIJING (Reuters) - China warned on Thursday that trade with Japan could be hurt by the sudden flare-up in tension over a small group of disputed islands that is threatening relations between Asia's two biggest economies.


Reports: Japan plans for nuclear phaseout by 2030s

Posted: 12 Sep 2012 07:43 PM PDT

TOKYO — Japan is planning a move to shutter all nuclear plants by the 2030s, Japanese media reported Thursday, a major policy shift for a resource-poor nation that once depended on atomic power for a third of its energy.

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VIDEO: Shopping for Mr Right in Paris

Posted: 12 Sep 2012 08:06 PM PDT

Shoppers hitting the streets of Paris could now be going home with a man in their shopping baskets.