Tuesday, December 24, 2002

Treasury Asking Congress to Increase Borrowing Limit. The Treasury Department asked key members of Congress Tuesday to increase the government's borrowing authority, warning that it may hit the current limit on the federal debt by late February. Without an increase in its ability to borrow, the government runs the risk of defaulting on the national debt. The debt limit now stands at $6.4 trillion. [...] Economists and others doubt that Congress will not eventually raise the limit. A federal default is considered unimaginable because it would rattle the bond markets, force interest rates higher, weaken the world economy and deliver a jarring political blow to Bush. [TBO.com] What's the point of pretending there's a debt limit if Congress automatically raises it whenever it's reached? comment () trackback ()  6:41:13 PM     Smallpox outbreak: What to do Smallpox is NOT highly contagious. You have time. Don't panic. Smallpox is only spread by close contact of less than 6 feet for at least 6-7 days. You aren't that close to coworkers or commuters. Treatment for smallpox should be surveillance and containment, without vaccination. Smallpox is not highly fatal. There are treatments for smallpox. The vaccine will not protect you from getting the infection. The vaccine has high complication rates, is an experimental drug and there are many contraindications. [Hippocrates Systems] A very informative article on the real dangers of smallpox, and what to do in case of an outbreak. It turns out that the media fearmongering we've all been subjected to is almost completely false (not that I'm surprised). comment () trackback ()  9:18:56 AM

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