What Can’t Go On, Won’t

Watching this administration pretend that refusing to raise the debt ceiling is the federal government’s real problem — rather than its spending — is simply surreal.

All the major players pushing for more debt, including the president, said exactly the opposite just a few years ago. Roughly, about the time The Daily Reckoning was filming and releasing I.O.U.S.A. Back then, the current powers-that-be were criticizing the prior administration, and rightly so, when the debt was $10 trillion.

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BioTime Cracks the DNA Cell Command Code

I apologize for the headline. As a writer, I know it’s too long. It breaks all the rules of style and aesthetics. Some things, however, are more important than aesthetics – such as life-saving fortune-creating science.

I am honestly staggered by the advances being made by science in this field. There are times that I seriously regret having put myself into the position that I can’t invest personally in the companies I recommend to my Breakthrough Technology Alert subscribers. When I agreed to launch that publication, I had no idea how quickly regenerative science technologies would begin to accelerate.

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Biotech, An American Success Story

BioTime Inc. (AMEX: BTIM) announced a breakthrough agreement with Big Pharma. Israeli pharma giant Teva Pharmaceutical Industries Ltd. and BioTime’s majority-owned Israeli subsidiary Cell Cure Neurosciences Ltd. have entered into an exclusive license option agreement. Together, they will develop and commercialize Cell Cure’s Regen for the treatment of age-related macular degeneration.

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