bailout

ObamaCare’s Closed-Door Bailout Could Cost Taxpayers Billions

When America’s largest insurance provider, UnitedHealth Group, announced disastrous losses due to ObamaCare and started talking about exiting from the program last week, I wondered if they, along with other companies grumbling about ObamaCare red ink, might be looking for a bailout.

Protestors hold placards challenging 'Obamacare' outside of the US Supreme Court on March 4, 2015 in Washington, DC. The US Supreme Court heard a second challenge to US President Barack Obama's Affordable Care Act. The US Supreme Court faces a momentous case Wednesday on the sweeping health insurance reform law …

Short on Money, Greece Brings Back the Barter System

Greeks are getting around what is delicately described as a “liquidity problem”—i.e. no money—by bringing back the barter system. It even has an Information Age twist: a bartering website with its own virtual currency system, and thousands of users.

The Associated Press

Greek Prime Minister Alexis Tsipras Resigns

In a televised address to his people, he said he had a moral duty to resign, because he was elected (just over half a year ago!) as a staunch opponent of the austerity measures he now believes it necessary to impose, in order to keep Greece in the Euro and secure its future.

The Associated Press

Alexis Tsipras to Step Down As Greek PM, Call Snap Elections

Greek Prime Minister Alexis Tsipras of the socialist Syriza party will reportedly step down and call for snap elections on September 20, rocking his already crisis-riddled nation with fresh wave of political turmoil. A formal announcement of his resignation is expected Thursday afternoon, along with a televised address to the Greek people.

The Associated Press