The Casone Exchange
  • June 16, 2009 10:05 AM EDT by Cheryl Casone

    Best Guess Monday Edition

    STUART VARNEY: The only way to cut the cost of health care quickly is tort reform....cut the endless liability suits. Obama says tort reform might be a part of the discussion... perhaps so, but Democrats and the lawyers won't allow it.

    RUSSELL PEARLMAN: Foreclosures are coming back: with a vengeance!
    We’ve seen a leveling off in foreclosures over the last few months as there have been voluntary foreclosure abatements to keep homes off the market.

    But with mortgages rates rising, delinquencies in prime mortgages rising, and these foreclosure abatements expiring, you’re going to see a huge push by banks to get rid of these properties fast. The new rule in California putting 90 day moratorium on foreclosures won’t help nationwide.

    CHERYL: The President's health care reform will put more pressure on state budgets.  The plan would squeeze more from Medicare and Medicaid and give more control of those programs to the federal government. Without state programs that innovate, the federal plan cost will skyrocket.

    TOM SULLIVAN: Coca Cola, Pepsi and other soda products will face the “tobacco” experience.  Government will tax it to reduce consumption but rely on sales to continue so it can collect more taxes.

    LIZ MACDONALD: Fed starts hiking rates beginning at year end

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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