….Graham-Cassidy is dead for now. Next up – tax reform, and this won’t be easy, either. Rich richer, poor poorer. Puerto Rico in terrible peril. Financial Review by Sinclair Noe for 09-26-2017 DOW – 11 = 22,284 SPX + 0.18 = 2496 NAS + 9 = 6380 RUT + 4 = 1456 10 Y + .01 = 2.23% OIL – .13 = 52.09 GOLD – 16.70 = 1294.60   The Graham-Cassidy health care bill is dead. Late yesterday, the Congressional Budget Office and Joint Committee on Taxation released a report on the bill – it was not a full score, or detailed analysis but it was enough to uncover the nasty truth. The bill would have ended the subsidies in the ACA for low- and moderate-income Americans’ private insurance premiums as of 2020. It also would have terminated the extra funding the ACA provided states that had extended Medicaid to more low-income adults. Instead, the measure would have provided states a smaller amount of money — about $240 billion less between 2020 and 2026 — in the form of block grants to spend on unspecified subsidies for health insurance and care. And the dollars would have been shifted gradually from states that had expanded Medicaid to the ones that hadn’t. The CBO report did not have enough time to calculate how many people would lose health insurance coverage but they made a rough guesstimate that the number would be in the millions. An analysis by the Brookings Institution estimates that about 21 million people ...