> ## Content Index > Fetch the complete content index at: https://ivn.us/llms.txt > Use this file to discover other available public pages before exploring further. # Today's News Tips: July 11, 2012 - URL: https://ivn.us/todays-news-tips-july-11-2012/ - Published: 2012-07-11T17:01:12.000Z - Updated: 2026-06-22T19:27:23.000Z - Author: Matt Metzner - Tags: News [![](https://storage.ghost.io/c/dc/be/dcbe1ac4-146f-43be-92a6-ea84728d86a6/content/images/2026/02/Ribs2.jpg "Today's News Tips")](https://ivn.us/wp-content/uploads/2012/07/Ribs2.jpeg) Today's News Tips. Your Independent Breakdown of Today's News.**[Bloomberg – Republicans Dropping ‘Replace’ from health care ‘Repeal and Replace’](http://www.bloomberg.com/news/2012-07-11/repealing-not-replacing-health-law-tops-republican-plan.html?ref=ivn.us)**The party has made an election year calculation and decided that they will have greater chances of success riding public distaste against Obama than promising to replace the ACA.**[Reuters – San Bernardino is 3rd CA City to File for Bankruptcy](http://www.reuters.com/article/2012/07/11/us-sanbernardino-bankruptcy-idUSBRE86A05320120711?ref=ivn.us)**The inland empire city will join Stockton and Mammoth Lakes in bankruptcy court as it exhausted its budget reserves by spending $45M over revenues.**[The Daily Beast – How Obama Can Use Health Care Against Republicans](http://www.thedailybeast.com/articles/2012/07/11/remember-the-party-of-pesonal-responsibility.html?ref=ivn.us)**Republicans are voting today to repeal the ACA. The author has a suggestion for Obama’s campaign. There are enough uninsured people in America to equal the population of 25 states.**[Salon – A Retirement Community May Hold the Key to FL in November](http://www.salon.com/2012/07/11/the%5Fvillages%5Fwhere%5Frepublicans%5Frule/?ref=ivn.us)**A 50,000 unit retirement community has been an ATM for the Republican party where candidates rake in millions. Romney has already visited 4 times and will likely drop by again. 95% of donations from their zip code have gone to Republicans.@Reuters – Syrian Ambassador to Iraq Defects in Protests at Assad’s Crackdown on Popular Uprising.**[IVN – Romney Booed at NAACP Event](https://ivn.us/editors-blog/2012/07/11/romney-naacp-appearance-multiple-booes-from-crowd/)**The GOP hopeful didn’t have the response he was looking for as he pledged to cut all non-essential programs.**[Time – Gas Prices Have Fallen 13% Since April](http://business.time.com/2012/07/11/why-gas-is-getting-cheaper-and-could-hit-3-a-gallon/?ref=ivn.us)**The national average for a gallon of gas is $3.38, which is not cheap, but it has been dropping this summer.**[Roll Call – American Crossroads Dumping $70M into Senate Races](http://www.rollcall.com/issues/58%5F3/American-Crossroads-70-Million-Blitz-Senate-GOP-216027-1.html?pos=hatxt&ref=ivn.us)**Karl Rove and friends are dropping tens of millions into Senate contests as they predict control of the chamber could swing to either party in November.**[The Economist – What is Sending Oil Prices on a Rollercoaster Ride?](http://www.economist.com/node/21558310?fsrc=scn/tw/te/ar/rollercoaster&ref=ivn.us)**Two things determine oil prices, supply and demand, the other being market sentiment about the state of the world. Over the past 5 months the price of a barrel has rolled between $128 - $88.**[Reuters – Khamenei “Iran 100 Times Stronger”](http://www.reuters.com/article/2012/07/11/uk-iran-sanctions-idUKBRE86A0M320120711?ref=ivn.us)**The Iranian leader has stated that the country is 100 times stronger than it was 30 years ago regardless of international sanctions aimed to curb its nuclear program.