Wednesday, March 27, 2024
In time of need, dummy, in time OF need
KING CHARLES CALLS FOR MORE KINDNESS IN TIME ON NEED...
King Charles will stress the importance of friendship "especially in a time of need" in his first public address since the Princess of Wales revealed she was undergoing cancer treatment.
Drudge wants you to think a US House seat flips Democrat when it's only an Alabama state Legislature seat
Smart move
Israelis Questioning Their Nation's Dependence on USA...
The [UN] resolution called for a cease-fire as well as the release of hostages, instead of embracing the Israeli position that a cease-fire be predicated on the hostages’ release. ...
The U.S. has rarely used its leverage in the Security Council before to express dissatisfaction with Israel. The last time was in 2016, under the Obama administration, when the U.S. abstained from voting on a resolution that called for a halt to all Israeli settlements in the occupied territories.
Tuesday, March 26, 2024
As much as I sympathize with this guy's tale of Obamacare woe, his timeline is pure fantasy
The story is here:
My insurance was $185/month with a $1,000 deductible. That was for a family of 5. So I voted for Obama-Biden in 2008 based on Obamacare. ... the cheapest insurance I could find to replace that one was $1,200 a month with a $6,000 deductible.
The guy had a great plan before Obama!
But Obamacare as he now thinks he knows it didn't even exist in 2008 for him to base his vote on it.
Obama was for something else, the public option, a government-funded health insurance plan designed to compete with private health insurance. That was also Nancy Pelosi's preference, and the preference of the US House Democrat left at the time.
The great fear was the public option would crowd out private insurance and defeat it because it would be more attractive to women and the chronically ill.
The House public option plan put forward in 2009 competed with the Senate plan, and the two proposals were at an impasse by the end of 2009. Eventually the Senate version prevailed in March of 2010.
The Senate plan was actually worse, what we now call Obamacare.
It dictated the much more expensive nature and new shape of all existing private insurance plans instead of providing a separate public option to compete with those already existing private insurance plans. It cost more to provide because it eliminated pre-existing condition exclusions, and treated men and women equally even though women's care is more costly.
It was fascism pure and simple, government dictating to the private sector what will be, and what will not be.
That's how you lost your old plan, your old doctor, and your money: Because Obama bowed to the Senate plan, instead of fighting for what he said he believed in.
If you were too poor, though, to qualify for Obamacare, you just got stuck with Medicaid, health insurance for the poor, and, failing that, with nothing at all.
The once heralded public option for everyone defaulted to Medicaid. Nearly 86 million are now stuck with that, and most are unaware of its clawback provisions.
Today only 21 million can afford Obamacare, and about 25 million non-elderly adults have bupkis, like the poor fella in the story had for ten years.
Meanwhile, 158 million have employer-provided health insurance, the cost of which climbs relentlessly. The average worker had to pay $549 a month in premiums for it in 2023.
Medicare provides coverage to about 66 million aged 65+, and costs nearly $175 a month in 2024.
The more things change, the more they stay the same.
Monday, March 25, 2024
Record 549 cases of dengue fever in Puerto Rico
Story here.
There have been nearly 25,000 cases so far this year in Peru, double the 2023 year to date figure.
Just a reminder that the Fed said all these purchases it made in 2008 and again in 2020 were just temporary
Now Fed Chair Powell has just said it's time for the pace of the roll-off to slow.
That's the curved line slowly trending down from it's peak near $9 trillion to $7.5 trillion now.
Just as the National Debt will never be paid down, the Fed will never stop intervening in the Treasury market to limit supply and support prices, which suppresses market driven interest rates.
Powell isn't serious about fighting inflation.
Sunday, March 24, 2024
Saturday, March 23, 2024
Biden tailpipe rule will turn America into a Cuba of old cars
New York Post here:
Biden’s goals will push internal-combustion-vehicle prices into the stratosphere, and likely still not get consumers to play along; the 2032 mandate is beyond impossible to meet.
Instead, Americans will keep older cars on the road far longer; even paying through the nose for clunkers and repairs will be the better bet.
May 2023: Average age of a car on the road in the US hit a record 12.5 years, up 3 months from 2022.
I have two cars for my family. One is 27 years old, the other 17.
Remember Cash For Clunkers under Obama?
Yeah, I skipped that.
Kim Strassel: Biden is coming for your truck
Brutal video shows citizen after citizen blasting Chicago Mayor Brandon Johnson to his face over illegal aliens displacing and terrorizing inner city minorities
Definitely worth a watch, here.
The guy at the end likens one party Democrat rule in Chicago to the one party communist state of China.
Impressive!
