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THE ECONOMY
Federal Reserve Chairman Ben Bernanke says hell stoke the economy until the jobs market recovers substantially including buying $40 billion of mortgage-backed securities a month for an indefinite period. Gasoline prices fell on speculation that refinery production will increase boosting supplies as they switch to the winter blend of fuels. Prices may go down as much as 30 to 50 cents per gallon, depending on regional supply levels. Pray about the U.S. economy, and for the millions who remain unemployed and on federal assistance.
HEALTH CARE
The U.S. Justice Departments civil fraud division is investigating claims that CVS Caremark wrongfully refilled prescriptions billing insurers in the Medicare program. CVS is the largest provider of prescription drugs in the nation. The worlds largest manufacturer of cancer medications, Roche, is facing an infringement procedure from Europes top drug regulator for failing to properly report tens of thousands of potential drug side effects. Pray for greater integrity in the pharmaceutical industry, from manufacturer to compounder to dispenser. The fear of the LORD is the beginning of wisdom, And the knowledge of the Holy One is insight. Proverbs 9:10
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