We are the Liberal Blog From Hollywood
L.A.'s Premier Post Facility

L.A.'s Premier Post Facility

Photographer in L.A.

Hot Pics & Gossip.

ThinkFast: August 25, 2008

Posted in Main Blog (All Posts) on August 26th, 2008 4:33 am by HL

ThinkFast: August 25, 2008
Sen. Ted Kennedy (D-MA) will speak during tonight’s opening of the Democratic National Convention, NBC reports. A convention tribute to the senator “will include a film by documentary producer Ken Burns, along with remarks from Caroline Kennedy, John F. Kennedy’s daughter.” “Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the U.S. […]

tk7.jpg

Sen. Ted Kennedy (D-MA) will speak during tonight’s opening of the Democratic National Convention, NBC reports. A convention tribute to the senator “will include a film by documentary producer Ken Burns, along with remarks from Caroline Kennedy, John F. Kennedy’s daughter.”

Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the U.S. government $20 billion a year even as the pay gap between chief executives and employees has widened,” according to a new report by the Institute for Policy Studies and the group United for a Fair Economy.

Americans who lack health insurance will spend about $30 billion out of pocket on medical care this year, according to a new report from George Mason University and The Urban Institute. At the same time, “others — mainly the government — will end up covering another $56 billion in costs.”

The Financial Times writes that McCain’s inability to recall the number of homes he owns “makes the choice of Romney more risky.” Taunts could be leveled against “Mr Romney, who owns a mansion with tennis courts in Massachusetts, a lakeside house in New Hampshire and a cabin in Deer Valley, a posh Utah ski resort.”

On the trail today: Sen. John McCain (R-AZ) will appear on The Tonight Show with Jay Leno and at a fundraiser in Sacramento. Sen. Barack Obama (D-IL) will be in Davenport, IA for a townhall event. Tonight’s Democratic convention schedule features remarks by former Rep. Jim Leach (R-IA), Speaker Nancy Pelosi (D-CA), Obama’s sister Maya Soetoro-Ng, and Obama’s wife Michelle, among many others. (more…)

Comments are closed.