Link

Nonetheless I'd say the case for insolvency is convincing (as with the US gov as well).  As long as both these entities are experiencing positive cash flows they still can technically be differentiated from non-positive cash flow, insolvent entities.

The Obama administration is moving to rescind a federal rule that reinforced protections for medical providers who refuse to perform abortions or other procedures on moral grounds, an official said Friday.

A Health and Human Services official said the administration will publish notice of its intentions early next week, and open a 30-day comment period for advocates, medical groups and the public. The official spoke on condition of anonymity because the official notice has not been completed.

Insolvency means the inability to pay one's debts as they fall due.
This is defined in two different ways:

Cash flow insolvency -

Unable to pay debts as they fall due [because cash flow is inadequate.]

Balance sheet insolvency -

Having negative net assets: liabilities exceed assets; or net liabilities.

A business may be cash flow insolvent but balance sheet solvent if it holds illiquid assets, particularly against short term debt.

Conversely, a business can have negative net assets showing on their balance sheet but still be cash flow solvent if ongoing revenue is able to meet debt obligations, and thus avoid default - for instance, if it holds long term debt.

Insolvency is not a synonym for bankruptcy, which is a determination of insolvency made by a court of law with resulting legal orders intended to resolve the insolvency.

AP reports (via The Agonist):

The Obama administration has lost its argument that a potential threat to national security should stop a lawsuit challenging the government's warrantless wiretapping program.

A federal appeals court in San Francisco on Friday rejected the Justice Department's request for an emergency stay in a case involving a defunct Islamic charity.

Yet government lawyers signaled they would continue fighting to keep the information secret, setting up a new showdown between the courts and the White House over national security.

The Obama administration, like the Bush administration before it, claimed national security would be compromised if a lawsuit brought by the Oregon chapter of the charity, Al-Haramain Islamic Foundation, was allowed to proceed.

Now, civil libertarians hope the case will become the first chance for a court to rule on whether the warrantless wiretapping program was legal or not. It cited the so-called state secrets privilege as a defense against the lawsuit.

I'm getting the message...I booked a Caribbean cruise last night.  If my car should go busto this year Uncle Sam will buy me one...responsibility is for suckers.

BTD...where is the best place to tie a bag on in San Juan?

For me a sense at times I feel like a Libertarian, or sometimes Conservative, and sometimes Liberal, please, God blessed me to be here to be able to change because life is change and evolution. Other wise we would never grow old.

Anyway, a huge issue was talked about that I agree with, it was to eliminate the Federal Reserve Board. Or at least make an audit of it to see what the heck is going on. I found out how the Federal Reserve was created from inception at Jekyll Island by a secret meeting of rich bankers. It is clear it was made as an advantage for the rich and powerful to keep rule. But for Ron Paul to openly suggest eliminating this entity was a powerful leap of change. Actually this would be a bold move for Obama to make because I think these new Conservatives will make that move if Obama does not.

Another irony is the embedded activities of many of the operators of the Federal Reserve that we know nothing of as suggested by Ron Paul. Libertarian or not I agree. No matter what your believe The Constitution has been breach for almost a century by this Federal Reserve operation but those in Congress refuse to accept this.

Perhaps a lot other huge, huge, amounts of corruption are woven these past decades with its leadership by Allen Greenspan. Absolutely a dysfunctional system with appointee's by our presidents.

Huge scandals should surface in the event of just an audit. The irony that exists is going to be flushed and conflicts of interest in power and politics will be exposed. For heavens sake one the most huge conflicts of interest is the wide open connection Andrea Mitchell, Allen Greenspan's wife, has with MSNBC as a new analyst directing political ideals yet was privy to decades in the history trillion dollar deals.

Grown MEN - two of them against a 15 year old girl.