Reason Morning Links: Bitcoin Value Continues to Decline, Why Medicare Is Bad for Old People, Committee for the Re-Election of Obama Has Spent $87 Million

• President Barack Obama, hater of "money in politics," has spent more on his re-election effort than the entire Republican presidential field combined. 
• Bitcoin, the currency of the future, is now worth roughly 10% of what it was worth in June. 
• Incredible Jane Gross rant: Why does Medicare pay for neurosurgery for people who are about to kick the bucket, but not a stay in a nursing home?
• The NYPD cop who sucker-punched a Wall Street occupier on Friday has a history of…sucker-punching Wall Street occupiers.  
• Congress considers "gainful employment" rules to the law school industry. 
• Obama, who has received more money from Wall Street than any politician in history, aligns himself with Occupy Wall Street. 

New at Reason.tv: "Occupy LA: The Pro-Government Protesters?"