Saturday, March 20, 2010
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Progressives hit Snowe hard on public optionThe Progressive Change Campaign Committee is trying to raise money for an ad that criticizes Sen. Olympia Snowe for her stance against the public option. The 60-second ad features a woman from Brunswick who says her insurance company refused to pay many of the bills when her husband got cancer. She says she voted for Snowe, and is urging her to approve a national overhaul that includes the public option because she thinks insurance companies need competition. Bookmark/Search this post with:
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Statehouse reporter Susan Cover plumbs the depths of Maine politics to bring you the scoop on candidates, elected officials, parties and rainmakers. Tags2010 governor's race Arden Manning Barack Obama Blaine House Bruce Poliquin Charlie Webster Chellie Pingree civic center Congressional conventions elections Elizabeth Mitchell gay marriage Gay Rights General Hannah Pingree John Baldacci Josh Tardy Kevin Raye Les Otten Libby Mitchell Lynne Williams Maine Democratic Party Matt Jacobson Mike Michaud Obama Olympia Snowe Parties Peter Mills Politicians Presidential Referenda Republican Rita Moran Rosa Scarcelli State budget Statehouse Steve Rowe Susan Collins U.S. Senate |
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Few years ago, USA was the number one country in many aspects. Their capitalism was used as a model all around the world. The capitalism is the most used system in the world and it is so connected, that it is very vulnerable. For example, crisis that started in USA economy spread all around the world in the blink of an eye. One big country gets into trouble, and whole worlds economy starts to have problems. While there are too many unknowns about financial market or housing trajectories over coming months to completely rule out a recession, I doubt we will see it. My tip is a first half of very tepid economic growth, followed by a hesitant recovery in the second half as confidence kicks in again. Trade gains from a still cheap dollar and continued buoyancy in emerging markets will both help to prop up the economy through 2008. To add to the concern, American consumers are also increasingly dependent on debt and have been re-mortgaging payday lender their houses to higher loan amounts, and using the extra cash to fund high street purchases.