Showing posts with label Obamacare 2014. Show all posts
Showing posts with label Obamacare 2014. Show all posts

Sunday, December 28, 2014

Jeb Bush pocketed $1.4 million in 2013 working for ObamaCare profiteer Tenet Healthcare of Dallas

So says the LA Times, here:

And on Wednesday, Bush resigned from the board of directors of Tenet Healthcare Corp., also effective Dec. 31, according to a corporate filing. The Dallas-based company actively supported the 2010 Affordable Care Act, and has seen its revenue rise from it, an issue that could draw fire in Republican primaries.

Bush earned cash and stock awards worth nearly $300,000 from Tenet in 2013, according to corporate filings. He also sold Tenet stock worth $1.1 million that year, the records show.

Tuesday, December 23, 2014

Zero Hedge gets ObamaCare spending all wrong, again

The latest screed is here, claiming that healthcare spending is "the reason" behind the surge in Q3 GDP.

From the BEA here, healthcare spending contributed 0.52 points (line 17) to 5.0 GDP, about 10.4% of the total.

Zero Hedge wants to leave the impression there was no single bigger contributor to GDP, which isn't the case at all:

Equipment contributed 0.63 (line 30)
Durable goods 0.67 (line 4)
Pure consumption from defense spending 0.69 (line 55)
Export of goods 0.69 (line 47).

More importantly, it's not like we haven't spent 0.52 points of GDP on healthcare before.

We spent 0.51 in 4Q2011, 0.70 in 1Q2012, 0.48 in 4Q2013, and 0.45 in 2Q2014.

That last one is really important. It's the third estimate final figure of healthcare spending for the immediately preceding quarter, which can now be compared to the third estimate final figure for this one. The difference? Just 0.07 points, for an increase in healthcare spending of 15.5% on an annualized basis from 2Q to 3Q. As I've said, we've seen such increases before, quite apart from any new developments over ObamaCare.

The proper comparison, notably, is with 2Q, not with the previous estimate of healthcare's contribution to GDP for the current quarter, which, like everything else, was admittedly incomplete in the BEA's own words, as is always the case with the estimates before the third and final report.

And what that shows, last of all, is that GDP hasn't "surged" at all between 2Q and 3Q. The only thing which surged is the final revision based on the more complete data. The quarterly measure of GDP is up a very modest 0.40 points, from 4.6 to 5.0, or about 8.7% on the annualized basis. Healthcare's share of that increase to GDP is just 17.5%. 82.5% comes from other categories.

The worrisome thing is all kinds of people read and sometimes quote Zero Hedge: Rush Limbaugh, John Hussmann and Bill Gross come to mind. And Real Clear Markets often links to it, which is how I saw it.

Zero Hedge is embarrassing to read, kind of like pornography.

Republican enthusiasm for the Line Item Veto began under Reagan and was their version of the imperial presidency

No different than Reagan's enthusiasm for federal mandates like EMTALA, which is the proximate cause of ObamaCare. But J. T. Young doesn't remember it that way, or that far back, here:

'Unmentioned in Obama's legacy is that he killed the line-item veto. While not having done so directly, Obama's presidency has ended this long-time Republican goal just as assuredly as if he had. The political and fiscal role reversals between the Congress and presidency - and between Republicans and Democrats - transpiring for twenty years, have culminated with this administration.

'Twenty years ago, Republicans, armed the Contract with America, dramatically rode to Congressional majorities for the first time in decades. Prominent within that important document was a call for a line-item veto for the president.

'The intent was to give a president power to eliminate wasteful federal spending with pinpoint accuracy. Instead of having to veto an entire bill, and risk shutting down all, or part of the government, a president would be able to stop particular provisions but leave a larger spending bill intact. This authority would reverse the "Hobson's Choice" that prevailed between Congress and a president.'

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'Ronald Reagan said to Congress in his 1986 State of the Union address, "Tonight I ask you to give me what forty-three governors have: Give me a line-item veto this year. Give me the authority to veto waste, and I'll take the responsibility, I'll make the cuts, I'll take the heat."'


WHATEVER CONSERVATISM IS, IT MOST CERTAINLY IS NOT ABOUT SEEKING TO ACQUIRE MORE POWER BUT RATHER ABOUT SEEKING TO DIFFUSE AND DISTRIBUTE IT, SOMETHING THE CONGRESS DELIBERATELY BETRAYED IN THE 1920s WHEN IT DECIDED TO STOP THE NATURAL EXPANSION OF REPRESENTATION. NO BRANCH OF THE GOVERNMENT MAY BE SAID SINCE THAT TIME TO BE IN ANY WAY CONSERVATIVE IN SPIRIT, EXCEPT IN THE OCCASIONAL IRRITABLE MENTAL GESTURE IN THAT DIRECTION WHICH IS USED AS A CLOAK FOR MORE SELF-AGGRANDIZEMENT. NO ONE ANYWHERE RETAINS "SELF-RESTRAINT" IN THEIR LEXICON.





Sunday, December 21, 2014

Obama says you're better off than when he took office, except you are not

click to enlarge
Obama says, quoted here:

"Like the rest of America, black America in the aggregate is better off now than it was when I came into office."

On the contrary:

Full-time jobs have not recovered to their 2007 peak and won't until summer 2015, if we are lucky. That will be eight years later, when full-time jobs in the past have always bounced back after at most three years in post-war recessions. Obama has done nothing for jobs, except to let the problem fester and try to heal itself.

Health insurance costs much more, covers much less and has narrower and less convenient networks. The proof of this is in the polling, where the majority of Americans remain opposed to ObamaCare. The minority which likes ObamaCare is benefiting from it at the expense of those who don't, who are more numerous. It's called income redistribution. Otherwise known as socialism. You know, like in Cuba, Obama's new best friend.

Owners' equity in household real estate stands at 53.94%, still almost 10% below where it was in 2005. Completed foreclosures in the last month are still running 95% above normal.

More than half of the 66% of Americans who have saved anything for retirement have individually saved less than $25,000. American taxpayers are forced to contribute on average 13.5% to the pensions of the country's government employees and save for themselves only at the rate of 5%.

But perhaps the most damning indictment of Obama is how Americans of all stripes have been impoverished under his watch. Real median household income in the US is lower now than when the recession ended in Obama's first term in 2009, and much lower than when he took office:

"At this point, real household incomes are in worse shape than they were four years ago when the recession ended."

Lies told often enough can become the truth, but they are still lies.

Sunday, December 14, 2014

Stupid things heard on the Steve Gruber Show radio program last week

Both the AM drive-time host, Steve Gruber, a libertarian for whom every opponent is taken as a challenge to his manhood, and his weekly punching bag guest, Liberal Lee, last Tuesday agreed that the middle class in America is basically . . .  intact!

Which just proves that ideologues are impervious to the destruction which has been all around them and that libertarians and liberals drink from the same cup. Both camps are too heavily invested in the political gangs they support to say otherwise, for if the one did it would mean George Bush and Alan Greenspan would have to be blamed, and if the other, Barack Obama, Larry Summers and the rest of the Clinton re-treads which steered the economy through the latest depression to give you . . . nearly $90 billion in costs for over 500 failed banks, over 5 million homes lost to foreclosure, full-time jobs still 4 million below the 2007 peak seven years ago, ObamaCare's lies, higher costs, poorer coverage and limited networks, the deaths of Americans at Benghazi, IRS targeting of conservatives, the most imperial presidency in our history, 30 million prime working age people not working, a lawless executive, and 1.8% GDP, the worst in the post-war.

For his part, Gruber basically gave over a segment on his show every week this fall to the reelection campaign of Congressman Tim Walberg, a conventional Republican who normally votes with the majority of his caucus, but who did vote against making the Bush tax cuts permanent for the vast majority of Americans. Walberg notably just rewarded his radio benefactor who opposed Cromnibus with a vote for it, in keeping with his past voting record for sweeping spending bills which avoid the traditional appropriations process in order to take the politics out of spending the people's money. Hey, thanks Gruber.

The Steve Gruber Show is unfortunately heard on many small market radio stations during morning drive throughout Michigan, which through August 2014 was the top state for completed foreclosures among non-judicial states for the prior twelve month period. But the show's best rank is only #3 in the Lansing market according to dar.fm, and #31 in the mornings overall, here. The best thing that can be said for it is that the stations it is on are typically low-power, like its commentary. 

Thursday, December 11, 2014

The Heritage Foundation didn't repudiate the individual mandate until long after the Tea Party did

Ramesh Ponnuru here in March 2012 in the wake of both Romney and Gingrich putting the finger on Heritage for the individual mandate in October 2011:

"So yes, conservative opinion on the mandate has changed. But I don’t think it’s right to suggest that most conservative voters or conservative policy thinkers ever supported it. I think what happened is that as soon as grassroots conservatives focused on the mandate, they hated it—and they were right to hate it, in my view–and both the politicians and that one outlier think tank responded to their sentiment."

Timothy Noah pointed out here in 2013 that it wasn't until 2011 that Heritage formally opposed its own idea, meaning it took Heritage two years to join the Tea Party in opposing ObamaCare:

'Heritage, in a 2011 amicus curiae brief submitted in support of the legal challenge to Obamacare, stated, “Heritage has stopped supporting any insurance mandate.” Heritage also said it had come to believe the individual mandate was unconstitutional—an interpretation later rejected, of course, by the Supreme Court.'

Flashback to October 2011: Romney and Gingrich agree ObamaCare's individual mandate idea came from the Heritage Foundation

From the Western Republican Leadership Conference Presidential Debate interchange in October 2011 between Mitt Romney and Newt Gingrich about the individual mandate (see it here starting at the 29:00 minute mark):

ROMNEY: OK. Let me ask, have you supported in the past an individual mandate?

GINGRICH: I absolutely did with the Heritage Foundation against Hillarycare.

ROMNEY: You did support an individual mandate?

ROMNEY: Oh, OK. That’s what I’m saying. We got the idea from you and the Heritage Foundation.

GINGRICH: OK. A little broader.

ROMNEY: OK.

Monday, December 1, 2014

Feminists derailed infrastructure stimulus spending in 2009

The liberal projectionists who brought you the War on Women have been waging war on the men.

Seen here:

Vermont Sen. Bernie Sanders . . . suggests that the government invest heavily in infrastructure, which would create a lot of blue-collar jobs.

That was actually an original part of Barack Obama's stimulus plan, but it was derailed by feminists within the Obama coalition who thought it would produce too many jobs for men. Christina Romer, then-chair of Obama's Council of Economic Advisers, reported: "The very first email I got ... was from a women's group saying 'We don't want this stimulus package to just create jobs for burly men.' "

Enjoy the music here.

Saturday, November 29, 2014

ObamaCare's "wellness" mandate is under attack in the courts by the EEOC

Maybe this will wake up people to the injustice of taxing people for not buying something. Since when is a contract between buyer and seller still a valid contract when there is compulsion involved? "Hey buddy, buy this or else." That's not really buying anything. That's extortion. Similar compulsion in this case if recognized by the courts could be used as a precedent to overturn the individual mandate. Whoever thought George H. W. Bush's ADA would get us to that?

From the story here:

[R]equiring medical testing violates the Americans with Disabilities Act.

That 1990 law, according to employment-law attorney Joseph Lazzarotti of Jackson Lewis P.C. in Morristown, N.J., largely prohibits requiring medical tests as part of employment.

"You can't make medical inquiries unless it's consistent with job-necessity, or part of a voluntary wellness program," he said.

The lawsuits are based on the view that it is no longer voluntary if employees face up to $4,000 in penalties for non-participation, loss of insurance or even their jobs.

Thursday, November 20, 2014

More ObamaCare Lies: Enrollments inflated by a million by adding in dental plans

Lying is the modus operandi of Democrats under Obama, as in: You can keep your health insurance, you can keep your doctor, and you will save, save!, on average $2,500 per year! All lies of course, but now this, just a minor detail really, but indicative of the fraud at the heart of the Obama presidency from the beginning.

From the story here:

Blending dental and medical plans let the administration assert that enrollment was more than 7 million. The move also partly obscured the attrition of more than 1 million in the number of people enrolled in medical insurance.

News networks to help Obama by not broadcasting his unconstitutional plan to break the immigration law

There's no sense in riling up the people unnecessarily over such a trivial issue, after all. Note that this blackout includes so-called conservative Fox News Network, which is co-opted by its open-borders libertarian owner, Rupert Murdoch (Australian-American naturalized in 1985).  

"If anyone assumes the government by fraud [hello ObamaCare] this is a tyranny. ... To preserve a tyranny ... guard against everything that gives rise to high spirits." -- Aristotle

Tuesday, November 18, 2014

Some Adviser Gruber who Obama said "never worked on our staff" visited White House and Obama 21 times since 2009

The Hill, here, placing Gruber multiple times at the scene of the crime:

MIT professor Jonathan Gruber held a series of high-level meetings with administration officials beginning in 2009 and extending through June of this year.

During the height of 2009’s ObamaCare debate, Gruber met repeatedly with former Office of Management and Budget Director Peter Orszag, National Economic Council Director Larry Summers, and Jeanne Lambrew, the deputy director of the White House Office of Health Reform, among other officials. He also participated in a meeting of economists with President Obama.

In subsequent trips, Gruber received tours of the West Wing and the residence, and had breakfast at the White House mess, an exclusive West Wing cafeteria. He also met with Jason Furman, who now chairs the Council of Economic Advisers, and Nancy-Ann DeParle, the White House's point person on ObamaCare’s implementation.

The visitor logs, which are publicly available but were first reported by The Wall Street Journal, show Gruber has visited the White House 21 times during the Obama presidency. Some of the records are incomplete — missing details about when Gruber entered or exited the complex — so it’s possible that some of those visits did not occur.

Saturday, November 15, 2014

Jonathan Gruber exposed in a sixth video, touting how he deliberately designed ObamaCare to mislead

Jake Tapper for CNN here:

In previously posted but only recently noticed speeches, Gruber discusses how those pushing the bill took part in an "exploitation of the lack of economic understanding of the American voter," taking advantage of voters' "stupidity" to create a law that would ultimately be good for them.

The issue at hand in this sixth video is known as the "Cadillac tax," which was represented as a tax on employers' expensive health insurance plans. While employers do not currently have to pay taxes on health insurance plans they provide employees, starting in 2018, companies that provide health insurance that costs more than $10,200 for an individual or $27,500 for a family will have to pay a 40 percent tax. ...

"It turns out politically it's really hard to get rid of," Gruber said. "And the only way we could get rid of it was first by mislabeling it, calling it a tax on insurance plans rather than a tax on people when we all know it's a tax on people who hold those insurance plans." ...

The second way was have the tax kick in "late, starting in 2018. But by starting it late, we were able to tie the cap for Cadillac Tax to CPI, not medical inflation," Gruber said. CPI is the consumer price index, which is lower than medical inflation.

Gruber explains that by drafting the bill this way, they were able to pass something that would initially only impact some employer plans though it would eventually hit almost every employer plan. And by that time, those who object to the tax will be obligated to figure out how to come up with the money that repealing the tax will take from the treasury, or risk significantly adding to the national debt.



Thursday, November 13, 2014

Look who's stupid now: Neither Rush Limbaugh nor his caller remember the chronology and politics of ObamaCare

It's been only four years and already the basic facts are forgotten.

The Supreme Court didn't even take the ObamaCare case until a year after the 2010 elections, in November of 2011, and ruled the mandate a constitutional tax on June 28, 2012. The Court had simply nothing to do with the 2010 landslide victory of the Republicans, but neither Rush's caller nor Rush remember that.

From today's transcript here:

CALLER:  Yes, Rush.  Thank you so much for taking my call.  I really appreciate it, and if you don't mind me taking the liberty, I'd like to give a shout out to James Marshall Timberlake, he's my first grandson born November 2nd.  But I thank you.  The reason I called is that I believe there's an American who has been vilified who really is a hero concerning Obamacare, and that is Chief Justice John Roberts.  Had he done what all of us expected him to do to find it unconstitutional, you would not have had the Republican landslide in 2010; you would not have had the Republican landslide in 2014; you would not be talking about Jonathan Gruber today. ...

RUSH:  I want to know where it started that the way we win is to have liberalism implemented so that everybody can learn how rotten it is.  When did that start?  "John Roberts did a great thing by letting this thing be proclaimed constitutional.  That way we've exposed these people for who they really are."  We didn't need this!  If Roberts had found this thing unconstitutional the 2010 elections would have been the same because Obama would have stayed the same.  He would have found a way to get this done some other way.  He wouldn't have just taken his chips and gone home and cried about it.

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Add two to Jonathan Gruber's pile of stupid American voters.



Rush Limbaugh keeps trying to expunge Heritage Foundation's guilt for ObamaCare mandate

In the first hour today, after which the first caller of the day almost hit the third rail when he pointed out that Jonathan Gruber may have his "stupid voters" but Rush Limbaugh has his "low information voters".

Nevermind the two leading Republican candidates for president in October 2011 agreed they got the idea from Heritage (transcript here).

ROMNEY: Actually, Newt, we got the idea of an individual mandate from you.

GINGRICH: That’s not true. You got it from the Heritage Foundation.

ROMNEY: Yes, we got it from you, and you got it from the Heritage Foundation and from you.

GINGRICH: Wait a second. What you just said is not true. You did not get that from me. You got it from the Heritage Foundation.

ROMNEY: And you never supported them?

GINGRICH: I agree with them, but I’m just saying, what you said to this audience just now plain wasn’t true.

(CROSSTALK)

ROMNEY: OK. Let me ask, have you supported in the past an individual mandate?

GINGRICH: I absolutely did with the Heritage Foundation against Hillarycare.

ROMNEY: You did support an individual mandate?

ROMNEY: Oh, OK. That’s what I’m saying. We got the idea from you and the Heritage Foundation.

GINGRICH: OK. A little broader.

ROMNEY: OK.

So far ObamaCare's Jonathan Gruber from MIT has called us stupid "off the cuff" THREE TIMES, but you forget he wrote the (comic) book

From the story here revealing there are now at least three episodes of Jonathan Gruber defending work-arounds to hide the truth from the easily gulled masses, meaning his opinion of the people is anything but "off the cuff":

After the first tape surfaced -- prompting Republican outrage -- Gruber went on MSNBC to express regret. On Tuesday, he said: "I was speaking off the cuff and I basically spoke inappropriately, and I regret having made those comments."




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As I recall, not a single Republican in either chamber in 2010 was stupid enough to vote for ObamaCare, but every Democrat was.

Nevertheless liberal condescension was palpable from the beginning, and Gruber actually memorialized it with his comic book about ObamaCare early in 2012. The American people reelected Obama anyway, which must in Gruber's mind vindicate his low estimation of the people's intelligence to this day.

Well . . .

You were warned.

Sunday, November 9, 2014

The Gay Mafia funds so-called conservatives: Club for Growth, Sen. Ted Cruz and Rep. Justin Amash just love pot-smoking queer billionaire Peter Thiel's money

And if you think there's no payback expected for that then I've got a bridge to sell you.

Reported here:

Peter Thiel is a pot-smoking gay man, which makes him the kind of person Cruz supporters would like to launch into some sort of Martian exile. But Thiel is also, crucially, a massively rich bussinessman [sic], which is enough for Cruz to shelve his Tea Party druthers and accept hundreds of thousands of dollars from the Silicon Valley luminary. Adjacent bigots have yelled at Cruz for pocketing Thiel's cash, but he has every reason to ignore them: last year, Thiel gave $2 million to Club for Growth, a SuperPAC that in turn poured over $600,000 into Cruz's (successful) senatorial run. Club for Growth is still a vocal supporter of Cruz as he's flailed and railed against Obamacare.

Wednesday, November 5, 2014

Republican Larry Hogan wins governorship against "the most incompetent man in Maryland"

WaPo tells the truth here, twenty-eight paragraphs in:

Both campaigns went negative from the outset. On the day after his primary win, Hogan released a Web ad calling Brown “the most incompetent man in Maryland.” It was a reference, in part, to Brown’s role in the state’s botched rollout of the online health insurance marketplace established under the federal Affordable Care Act.

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And it is said this election wasn't about ObamaCare.

Friday, October 31, 2014

Wall Street Journal fears conservatives are winning: Trots out libertarian from Cato Institute to smear Laura Ingraham as nativist

You know Laura Ingraham. She hates foreigners so much she adopted three of them, one from Guatemala and two from Russia, and reportedly almost married a very dark-skinned man.


Many in the GOP are jockeying for the soul of the party ahead of an anticipated 2014 midterm election victory. Social conservatives are eager to reassert their influence after repeated defeats over gay marriage. Fiscal conservatives make the case for a greater emphasis on runaway spending. And then there are the nativists, who contend that the future of the Republican Party lies in opposing immigration reform. Conservative radio host Laura Ingraham, for example, said last month that, “Immigration could be to 2016 what ObamaCare was to 2010.”

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Swine.

It used to be the conservative movement consisted of social, fiscal and foreign policy wings. The libertarians don't have a foreign policy because they believe in open borders, so they had to invent something they could caricature and toss in order to have a simpler, Manichean world in which they, the sons of light, fight us, the social conservative sons of darkness.

Two-front wars are too hard for libertarians.