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Van Jones: Bank Settlement: $25B Down, $675B to Go

Sun, 12 Feb 2012 00:00:00 -0800

readersupportednews.org - By Van Jones - Feb. 12 (News Analysis) - 'We must not forget the more than 14 million homeowners (one in five) whose homes are underwater, beneath a crushing total $700 billion in negative equity. We must not forget the more than 4 million families who have lost their homes.' Van Jones, Reader Supported News

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Maine Caucus Offers an Opportunity for Paul

Sun, 12 Feb 2012 00:00:00 -0800

New York Times - By Nate Silver - Feb. 12 (Opinion) - The state has been fertile territory for independent candidates, which could represent an opportunity for Ron Paul, the only remaining Republican candidate who has yet to win a state.

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American Airlines' attempt to ditch pension riles feds, labor unions

Sat, 11 Feb 2012 00:00:00 -0800

Seattle Times - By Steven Mufson - Feb. 11 (News Report) - Now in bankruptcy proceedings, the airline wants to terminate its four pension plans for 130,000 workers and retirees and ask the government's Pension Benefit Guarantee Corp. to bail out its unfunded pension obligations to the tune of $9 billion.

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Where Americans Most Depend on Benefits

Sat, 11 Feb 2012 00:00:00 -0800

New York Times - Feb. 11 (Special Report) - The share of Americans’ income that comes from government benefit programs, like Medicare, Medicaid and Social Security, more than doubled over the last four decades, rising from 8 percent in 1969 to 18 percent in 2009.

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The health reform law’s biggest threat: 30,000 too few doctors

Sat, 11 Feb 2012 00:00:00 -0800

Washington Post - By Sarah Kliff - Feb. 11 (Opinion) - On a chilly afternoon at a community clinic in Southeast Washington, three young doctors are busily laying the foundation for the health-care law’s success. Jacob Edwards flips through a manual on skin conditions, diagnosing a rash that looks like chicken pox. Jessica O’Babatunde consults her supervisor on treating an adolescent’s obesity, which is literally off the charts. And Julie Krueger peppers 3-year-old Daphauni with questions at her physical: How do you spell your name? What did you eat for breakfast? What’s your favorite vegetable? (Cheese.) They are primary-care residents at Children’s National Medical Center. A third of their class has more than $200,000 each in student loan debt. At the end of residency, they can stay in primary care and earn $29.58 an hour. Or they can specialize and make $74.45 an hour. Over a lifetime, a medical student who specializes can expect to earn $3.5 million more. The Obama administration — and, arguably, the American health-care system — desperately ...

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Why Wall Street Should Stop Whining