Daily Democratic Wire 8-13-2009

George Wenschhof

Today, President Barack Obama will hold meetings with senior advisers at the White House - Politico.com has more here.

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Senator Ben Cardin (D-Md.) performs well in town hall meeting in Hagerstown, Maryland - the wackos were out in force in conservative western Maryland at a town hall meeting held at the local community college. Senator Cardin never lost his composure in spite of the raucous behavior by many in attendance and even stayed longer to answer additional questions. TheHill.com has more here.

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Former Health Industry Executive Outs Health Industry as being behind the unruly health care town hall protests - Wendal Potter, former Vice President of CIGNA talks about how the health industry employs methods to discourage any meaningful reform in health care. TheHill.com has more here.

Politico.com has a story today on how Insurance companies have plans to go negative on health care reform to either shape it in their image or defeat it. You can read it here.

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Federal Reserve Chair Ben Bernanke says economy is leveling out - yesterday, after two days of meetings, interest rates were left unchanged. This is the first report in two years which showed a leveling out. The stock market responded by increases to a level of ten months ago. Reuters.com has more here.

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Economic news reflects the leveling off - while jobless claims rose slightly last week, the overall continuing claims dropped significantly - read more here. Retail sales dropped at a rate of 0.1% in July but auto sales increased by 2.4% and Foreclosures increased by 7% over the month of June. You can read more here.

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