Once again, ObamaCare’s rush to action without thinking of the consequences has grave results on America.
Obama’s need to make sure that we all live in his version of Socialism fails once again.
See, ObamaCare requires that an insurance company that offers individual health care for children provide it as soon as a kid is sick. No questions, no choices, no caps, no limits. So, when a child comes down with some horrible disease and his parents didn’t have them covered, ObamaCare will step in and pay for it, right? Of course not. The insurance companies are required to pick them up at the same cost as a healthy kid and suck it up.
Well, they are looking at those odds and came up with a solution: Stop offering individual plans for kids.
Nice job, Obama.
I know, you lefties out there are saying “well that’s cruel and wrong”. No it’s not, you morons. Insurance is a bet. You place a bet with the insurance company that you will not get sick. The insurance company bets you will stay healthy or at least well enough that they will come out ahead. ObamaCare stacks the deck. Imagine going to a blackjack table where the dealer gets to pick out an ace and a jack for himself before the hand starts. Would you play?
ObamaCare goes after the one group that has the knowledge and ability to run healthcare and destroys them while protecting groups that make a MUCH higher profit margin, like pharmaceutical companies and does it while ignoring every consequence of its own actions.
Barack Obama has been mighty keen on rolling out the most positive aspects of ObamaCare first in order to protect vulnerable Democrats facing voters angry over the bill’s passage. One of the big wins for Obama in the bill was the mandate for insurers to allow parents to carry their kids on policies until their 26th birthday. However, that intervention has created a rather perverse set of incentives that will see fewer children insured:
Some major health insurance companies have stopped issuing certain types of policies for children, an unintended consequence of President Barack Obama’s health care overhaul law, state officials said Friday.
Florida Insurance Commissioner Kevin McCarty said in his state UnitedHealthcare and Blue Cross Blue Shield have stopped issuing new policies that cover children individually. Oklahoma Insurance Commissioner Kim Holland said a couple of local insurers in her state have done likewise. …
The major types of coverage for children — employer plans and government programs — are not be affected by the disruption. But a subset of policies — those that cover children as individuals — may run into problems. Even so, insurers are not canceling children’s coverage already issued, but refusing to write new policies.
DON’T BE FOOLED– Shirley Sherrod is no saint. Andrew Breitbart and Big Government released video earlier this week showing former Ag employee Shirley Sherrod admitting that she did not assist a poor farmer as much as she could have because of his “attitude” and race. You know the rest of the story. She said it was years ago, she said she learned from her experiences, she said blah-blah-blah… The democratic-media complex slammed Andrew Breitbart and FOX News for showing only a segment from her speech.
Earlier today an anonymous reader sent me this damning video revealing the buried racist remarks from the rest of Sherrod’s NAACP speech. Of course, the state-run media does not want you to see this:
Sherrod’s Race Baiting NAACP speech
Shirley Sherrod and the state-run media owe Andrew Breitbart an apology.
Of course the NAACP won’t say anything, because it was women and minority owned dealerships that were protected when Obama’s Government Motors started closing dealerships. Welcome to the real racism in the US.
Racism, promoted and pushed by the Obama administration and his friends.
The difference between private-sector decisions on business consolidation and those under government supervision gets exposed in a portion of Neil Barofsky’s audit of the government-driven closures of GM and Chrysler auto dealerships during the $62 billion bailout. There may be a question of whether the automakers needed to consolidate in order to shed poorly performing dealerships at all, but we’ll get back to that. The plan to consolidate dealerships that resulted from the push by the car czar and TARP used rational, objective measures to select the target outlets. In practice, those often got ignored in favor of politics, according to the audit:
GM determined that dealerships with a DPS Score of 100 were average performers; those below 70 were considered poor performers and would not be retained. SIGTARP noted, however, that GM did not uniformly apply the phase one criteria to the entire network. For example, our analysis found that two of the wind-down dealers did not meet either criterion. Furthermore, we found that, of the dealerships that met only one of the two criteria:
GM retained 355 (or approximately 41 percent) of the 858 dealerships that had a DPS score below 70.16
GM retained 9 of the 394 dealerships that sold fewer than 50 new vehicles in 2008.17
An additional 10 dealerships with a DPS score below 70 were in phase two wind-downs.
GM officials attributed these inconsistencies primarily to a desire to maintain coverage in certain rural areas where they have a competitive advantage over import auto companies that are not typically located in rural areas, although ultimately close to half of all of the GM dealerships identified for termination were in rural areas. Other dealerships were retained because they were recently appointed, were key wholesale parts dealers, or were minority- or woman-owned dealerships (emphasis mine).
Now, they make an interesting excuse. The company that sold and can service the ship are located in Rhode Island. They say it has nothing to do with avoiding the taxes.
Of course, in 6 months, he will have avoided the tax and can move the yacht back to Nantucket without concern for taxes. I guess we will know in 6 months if he is telling the truth or not. Write it on your calendar.
John Kerry, who fights on behalf of the little people on whose backs the rich get richer by avoiding taxes most Americans can’t afford to dodge, is seeing to it that the little people aren’t burdened by an extra $500k in his home state’s tax coffers.
Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.
Isabel – Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage – was designed by Rhode Island boat designer Ted Fontaine.
But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.
Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven – like the Cayman Islands, Bermuda and Nassau – for tax-skirting luxury yacht owners?
Don’t worry Times. No one expects you to be truthful or accurate anymore. Just look at your sales numbers and you can see that. Don’t let the facts get in the way of your story.
The only thing that they like more than making up a story is outing a top secret program to harm our security and put our people in danger.
Final question: How did the main story here get lost? (Yeah, I know, the MSM buried it) Does anyone notice the nodding in agreement from the NAACP audience as she explains how she treated a white man with vapid racism? Are their cries of disgust or boos? No. Its general agreement. The NAACP had the audacity to accuse the Tea Party of racism when they are the obvious racists.
The New York Times on Thursday picked through the sordid saga of Shirley Sherrod, fired from her post at the U.S. Department of Agriculture after a clip of a speech to a gathering of a rural chapter of the Georgia NAACP appeared to show her hostility toward a white farmer seeking assistance.
A full version of the speech shows that was a set-up to Sherrod’s tale of racial reconciliation, though there are questions of how far her racial reconciliation really goes. That same speech reveals Sherrod accusing Republicans of being racist by opposing Obama and Obama-care, and Sherrod has gone on to accuse Fox News of using her as a "pawn" for its own reactionary, racist purposes.
Fox News didn’t run a report on the controversy until after Sherrod had resigned under White House pressure and after the NAACP had issued a press release condemning Sherrod. Yet in "For Fired Agriculture Official, Flurry of Apologies and Job Offer," reported by Sheryl Gay Stolberg, Shaila Dewan, and Brian Stelter, and written by Stolberg, the Times chose to blame a cabal of "right-wing Web sites" and Fox News for fostering the Sherrod scandal which led to her dismissal. As if Fox forced Agriculture Secretary Tom Vilsack to do its right-wing bidding without every actually running a single story on Sherrod until after her firing, when the point became moot.
OUT-FREAKING-STANDING. This jackass needed to be charged years ago. Sadly, the fact is that under the Obama admin, he is unlikely to see anything happen to him at all. All this will do is protect him when the GOP gets back in charge.
Serious business, and another talking point for the GOP ahead of November. Time for Rangel, who turned 80 last month, to decide he wants to spend more time with the grandkids?
Embattled Rep. Charles Rangel, the former chairman of the powerful House Ways and Means Committee, committed an undisclosed ethics violation, a House investigatory subcommittee determined Thursday…
The formation of subcommittee, which will consist of four Democrats and four Republicans, is rare. The last time one was convened was in 2002 to handle the case of former Rep. James Traficant, D-Ohio, who was under investigation in connection with bribery, racketeering and tax evasion convictions…
Rangel, D-N.Y., has been under a lengthy probe by the House Committee on Standards of Official Conduct for a series of ethics allegations that includes failing to report hundreds of thousands of dollars in income and assets, improper use of several rent-controlled apartments in his Harlem district, fundraising efforts for a college center that bears his name, and failing to pay taxes on property he owns in the Dominican Republic.
This is five months in the making, starting with his admonishment back in February over staff members having accepted free trips to the Caribbean and culminating a week later in his removal from Ways and Means — albeit supposedly only on a temporary basis. Anyone think he’ll be returning to the committee after this, even if he beats the rap?
Conceding they can’t find enough votes for the measure, Senate Democrats on Thursday abandoned efforts to put together a comprehensive energy bill that would seek to limit greenhouse gas emissions, delivering a potentially fatal blow to a proposal Democrats have long touted and President Obama campaigned on.
Instead, Democrats will push for a more limited bill that would seek to increase liability costs that oil companies would pay following spills such as the one in the Gulf of Mexico and would create additional incentives for the development of natural gas vehicles and provide rebates to people who buy products that reduce home energy use. They did not release details of the proposal, but Senate Democrats said they expected to find GOP support and pass it in the next two weeks.
Democrats have not ruled out pushing for a more comprehensive bill when Congress returns from its August recess or in the session after the November elections, although it’s not clear that any of the Democrats or Republicans who now oppose a more expansive measure would change their votes. Republicans have long argued the bill, by seeking to limit emissions, would lead to higher energy costs for American consumers, a view some conservative Democrats have also taken.
The decision to abandon the proposal was another concession to the difficult political environment Democratic leaders face, as many rank-and-file congressional Democrats are wary of casting any vote that could be used in political attacks by Republicans.
Ok, we have reached the epitome of crazy. Rep Pete Stark (D-CA) wants to tax currency transactions.
Each day, $4 trillion dollars of currency are traded. For international businesses and travelers, trading dollars for other currencies serve a legitimate purpose. However, nearly 80 percent of these transactions are undertaken by a handful of major banks. Experts agree that most of these transactions are made for purely speculative purposes.
Wealthy traders and big financial institutions make huge bets on the fluctuations in currency value, and they can make massive profits if their bets are correct. This type of speculation helped to worsen the recent financial crisis and serves no purpose other than to make a few people and institutions even richer.
Today, I introduced H.R. 5783, the Investing in Our Future Act. My legislation would simply impose a small tax — of 0.005 percent — on these currency transactions. The money raised would be put toward investments in children, global health and climate change mitigation.
Steele NEEDS TO GO! NOW! This needs to happen. Now. This is going to hurt our party in a big way. How can the GOP say we are better with fiscal responsibility and have an idiot like this guy covering up debt?
I have said it before: FIRE STEELE NOW!
The Republican National Committee failed to report more than $7 million in debt to the Federal Election Commission in recent months – a move that made its bottom line appear healthier than it is heading into the midterm elections and that also raises the prospect of a hefty fine.
In a memo to RNC budget committee members, RNC Treasurer Randy Pullen on Tuesday accused Chairman Michael S. Steele and his chief of staff, Michael Leavitt, of trying to conceal the information from him by ordering staff not to communicate with the treasurer – a charge RNC officials deny.
Mr. Pullen told the members that he had discovered $3.3 million in debt from April and $3.8 million from May, which he said had led him to file erroneous reports with the FEC. He amended the FEC filings Tuesday