03 Aug

Repealing ObamaCare and Restoring a Free Market in Healthcare

Posted by: The BoBo  //  Category: Guest Bloggers, Politics, health care

Holy batshit! I just looked at my last three posts and they are nothing but Carnival posts.  I’ve really been slacking haven’t I?  Well – I can’t claim that I put this one together – h/t to Vulcan Hammer for putting this guest post together for me. If I still have any readers out there – :) – if you’re interested in putting up a guest post here – drop me a line!

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24 Jun

ObamaCare welcomes you to the poverty house

Posted by: The BoBo  //  Category: Guest Bloggers, health care

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11 Jun

So, does this mean Obama admits the “stimulus” bill didn’t work?

Posted by: The BoBo  //  Category: Politics, Socialism, health care

This is an add-on to the previous post – from me – as it seems to flow.

Obama Renews Call for $30 Billion Plan to Boost Hiring

President Obama Friday repeated his call for Congress to pass a $30 billion package to foster hiring and help tackle painfully high levels of unemployment.

Barack Obama

“I’m hopeful the House will pass these measures next week and that the Senate will follow as soon as possible—with support from both Democrats and Republicans,” Obama said in remarks delivered in the White House Rose Garden.

After the worst recession in decades, many small businesses report trouble getting credit.

Obama’s proposal would establish a $30 billion fund to boost lending to small businesses looking to hire and expand operations by providing additional capital to community banks.

The House of Representatives’ Financial Services Committee approved the Small Business Lending Fund Act last month by a vote of 42-23.

The White House official said Obama will call on the House to approve the plan along with a new state Small Business Credit Initiative that would spur more than $20 billion in new lending through state-based programs.

Whoa there buddy!  I thought the $787 ARRA passed in February 2009 was supposed to cover all this?  This administration has been repeatedly trying to trumpet that the stimulus bill is working and we are out of the recession – and – that our economy is recovering.  Also, given the fact that only 1/3d of that stimulus money has been spent thus far – why the hell are they asking for more money?

Why not tap in to what is supposed to be left of that stimulus bill?  If that stimulus bill was so successful – why do you need more money?

I think if we read between the lies lines what we have here is an omission that the ARRA failed.  Well – at least the part it was touted to do – stimulate the economy – failed.  What they were successful in accomplishing was implementing the building blocks for nationalized health care – The HITECH Act that continues to push along forcing EVERY health care provider in this country to be on electronic health records by 2014.  EVERY EHR system in America will be tied to a national health care databank that is controlled by the Federal government.  The Federal Government will now be able to access EVERY piece of personal health information about EVERY individual in this country at the time of service. (See Sec. 13101, Subtitle A, Sec 3001, Para (b)(4)).

So – what it boils down to is that the “stimulus” bill did nothing to stimulate the economy. I contend the only purpose of the so-called “stimulus” bill was to hide this HITECH Act provision that creates the basic foundation for a nationalized health care system.

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03 May

And What About Those Writedowns, Mr. Waxman?

Posted by: The BoBo  //  Category: Democrats, Politics, health care

Guest post from Vulcan’s Hammer

Remember all the ballyhoo back at the end of March regarding billions of dollars in corporate loss write-downs that companies like AT&T, Caterpillar, and AK Steel were going to have to do because of passage of ObamaCare into law? Here is a quote from the WSJ to jog your memory:

Three companies that were among vocal opponents of the legislation have warned they would see an immediate impact on their earnings as a result of the loss of deductions on tax-free subsidies they receive for providing retiree prescription-drug benefits.

On Thursday, Deere & Co. said it would take a $150 million one-time charge in the current quarter related to the loss of deductions. Earlier in the week, Caterpillar Inc. reported a $100 million charge and AK Steel recorded a $31 million charge.

Beginning in 2006, companies have received a 28% federal subsidy, up to $1,330 per retiree, tax-free, to help pay for prescription-drug coverage. Until now, companies could deduct the subsidy from their taxes, essentially getting a second benefit from the money. Under the new law, companies will no longer be able to deduct the subsidy, but it remains tax-free.

Although the changes don’t go into effect until 2013, companies say they have to take the charge to earnings now, to reflect the loss of the future tax deductions. In all, the S&P 500 companies will take a combined hit of $4.5 billion to first-quarter earnings, estimates David Zion, an analyst with Credit Suisse.

Administration officials say companies are exaggerating the impact of the loss of the deduction because of their general unhappiness with health reform.

Of course, this set Democrats aflame when they heard that these companies had the temerity to, in essence, claim outright that ObamaCare was going to cost money and not save it as Obama and Democrats had trumpeted. Enter uber-liberal Henry Waxman who quickly threatened the CEO’s of these companies with being put under the hot lights of Congress in order to explain themselves. Well, several weeks have passed, and Democrats and Mr. Waxman have quietly called off the inquisition:

Mr. Waxman has since canceled those hearings with much less dudgeon or media fanfare, and the report from his own staffers explains his retreat. “The companies acted properly and in accordance with accounting standards in submitting filings to the SEC in March and April,” they write. “These one-time charges were required by applicable accounting rules.” This may stand as the first time in history that Mr. Waxman has admitted a mistake.

Oh, those crazy Democrats. You can always count on them for loads of laughs and surprises. And lord knows that there are oh-so-many surprises yet to come from ObamaCare. More importantly, this is yet another example of an administration and a Democratic congress that will stop at nothing—even threats—to silence any iota of disagreement or dissent. Mr. Obama often complains of the lack of political comity in Washington yet his administration has a tendency to vilify opponents and assail their arguments as dishonest, illegitimate or motivated by bad faith. Unfortunately, I think this is a trait that is not going away anytime soon.

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02 May

The BoBo Carnival of Politics May 2, 2010 Edition

Posted by: The BoBo  //  Category: Carnival, Conservative, Democrats, Liberals, Politics, blogs, government, health care, libertarian

Welcome to the May 2, 2010 edition of The BoBo Carnival of Politics.

Sorry for the short Intro today.  The in-laws moved down, my home desk-top computer crashed so we had to go out and buy a new one (actually, we upgraded to a laptop – pretty awesome) and I’ve been pretty busy in the off hours doing research and annotated bibliographies for my dissertation.  I was able to get through a lot of these submissions over the past couple weeks and I do believe you will like them.  I urge everyone to pick a couple that really pique your interest and go visit the contributor’s blog.

Steven and Debra presents FEDs Boo Hoo Collateral Damage posted at The END TIMES Hoax, saying, “Putting the shoe on the other foot…ouch!”

Dan Illouz presents Jewish Chat and Israel Chat posted at DanIllouz.com – Zionism, Judaism and Leadership.

Conservative

Scott Spiegel presents Are Volcanoes Subject to Cap-and-Trade? posted at Scott Spiegel.

Jason Hammond presents Strong defense is vital for peace & prosperity posted at FreeOrBound, saying, “With each new change in our defense policy by this administration, our prosperity and peace here at home is increasingly threatened.”

Jason Hammond presents Safe School Czar: One Sick Pervert posted at FreeOrBound, saying, “We must not forget the czars who are working to undermine EVERYTHING this country was founded on. The safe school czar certainly fits the bill.”

Money for Military presents Financial Reform Will Affect USAA – Please Help posted at Money for Military, saying, “Hi, I’m a USAA customer and I’ve used it since I’ve been in the military. I have in the military for over 10 years and USAA has helped hundreds of thousands military members with their unique finance needs. The new finance reform is going to impact USAA. Please help me spread the message to amend the financial reform currently in the senate by spreading my blog article. Thanks.”

Scott Spiegel presents Give Me Your Tired, Your Poor… But Don’t Get Crazy posted at Scott Spiegel.

Chris Bounds presents Conservativism is on the rise posted at Liberty Juice, saying, “Hope and Change. That really was great campaign platform for Obama to run on. Given America’s sentiment towards Republicans and Washington politics in general, almost any Democrat could have won the 2008 Presidential election against a progressive like John McCain.”

Scott Spiegel presents Crist Drops Out of GOP, Cites Political Health Reasons posted at Scott Spiegel.

Democrats

TSW Blog presents Irrational Exuberance & The Roots of Our Economic Problems posted at The Smarter Wallet, saying, “On irrational exuberance.”

Wallet Blogger presents Irrational Exuberance & The Roots of Our Economic Problems posted at The Smarter Wallet.

Liberal

vjack presents Thoughts on the McVeigh Tapes posted at Red State Progressive.

Libertarian

Archvillain presents Outrage posted at A Dark and Sinister Force for Good, saying, “We, the People, have suffered a grave injustice.”

Archvillain presents Papers? We Ain?t Got No Papers! posted at A Dark and Sinister Force for Good, saying, “Illegal immigration may be a problem, but this “cure” is worse than the disease.”

News

Allen Scott presents Gov. Regulation Fails to Regulate Bad Behavior posted at A View from the Nest, saying, “The sound of the word REGULATION gives a sense of safety. It makes people think there are people paid to keep an eye on certain industries and practices to make sure they operate within the law. But it turns out that those who are paid to keep watch are watching something else. These are hired hands, employees paid to be there, they have no vested interest in the people nor the families they are supposed to be looking out for. They are merely getting paid to do a job and when something bad happens they are quick to push the blame elsewhere. They have no concern over the well being of someone living hundreds or perhaps thousands of miles away. The halls of the government are cold and hollow.”

Digerati Life presents Earth Day: How Are You Saving The Earth? posted at The Digerati Life, saying, “Shout out to Earth Day. What are we doing for our environment?”

Eric Gargiulo presents Notes On Health Care Reform posted at HealthBillNews.com, saying, “Recently, health care reform made major headlines with the passage of an all-new unheard of progression in universal health care in the United States. Although many people were protesting the idea, the government of the United States has really made strides helping millions of people get coverage. So what’s all the hype about? Well, the White House has given up some great bullet points and it’s actually easier to understand than most people think.”

Eric Gargiulo presents Healthcare To Change Big Time By 2014 posted at HealthBillNews.com, saying, “One of the biggest moves of this year, in terms of political gain, the United States passed historic health care reform, and there are some huge changes on the way for millions of Americans that are worried about getting insurance, or are paying a high price for coverage. While there are some major opponents to the latest healthcare reform passage, few critics can argue with some of the big time changes that are coming for people in 2014.”

Jailan Marie presents Public Speaking for Professional Athletes, Pt. I | Matt Eventoff posted at Communication3.0, saying, “…on any evening news program athletes, who put so much time and preparation into their chosen craft, do exactly the opposite before appearing in front of the camera.”

This isn’t really related to politics – but – it was interesting – so – I left it here for all to see.

Consumer Boomer presents How Will Obamacare Affect Your Small Business? posted at Consumer Boomer.

Politics

Ann Margrain presents ?Panic in Detroit? ? Is Pollution Racist? posted at Heroin and Cornflakes, saying, “”We’re breathing in all kinds of toxics. Our cries have gone unheard.’”

Wenchypoo presents Obama Signs Comprehensive Agreement Between U. S. and Utopia posted at Wisdom From Wenchypoo’s Mental Wastebasket, saying, “It’s a cartoon–you have to go there to see it in all it’s hilarity. (note to Bobo: use trackback URL for this one–it’s disappearing from my blog)”

Chris Bounds presents cap and trade, cap and tax, senate posted at Liberty Juice, saying, “Have you had enough? Either way – do not worry! Senate Democrats had so much fun shoving the health care bill down our throats, they are ready to do it again as early as April 26th with the Cap and Tax bill – oops, I mean Cap and Trade.”

These next three are only slightly related to politics – but – as above – I found these to be someone amusing, entertaining, and informative.  Perhaps you will too.

Jay Smith presents 10 Infamous Lawyers that Transcend Their Cases posted at Criminal Justice University.

Lovelymary presents 25 Defining Images in Baby Boomer History posted at Online Colleges.net.

Thomas Lopez presents 43 Unbelievable Facts About Our Presidents posted at Online Colleges.net.

Cubik’s Rube presents Your democracy’s spoiling my vote! posted at Cubik’s Rube.

That concludes this edition. Submit your blog article to the next edition of The BoBo Carnival of Politics using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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25 Apr

Price Controls, here we come…

Posted by: The BoBo  //  Category: Democrats, Liberals, Politics, blogs, health care

Guest Post From Vulcan’s Hummer

I ‘m amazed at the articles that I am finding in liberal rags that are, not only accentuating some of the severe drawbacks in ObamaCare, but how it is ushering our health care system into a single-payer government run system with great alacrity. Here is this tidbit buried deep in the NYT:

Fearing that health insurance premiums may shoot up in the next few years, Senate Democrats laid a foundation on Tuesday for federal regulation of rates, four weeks after President Obama signed a law intended to rein in soaring health costs…

…a bill introduced by Senator Dianne Feinstein, Democrat of California, that would give the secretary of health and human services the power to review premiums and block “any rate increase found to be unreasonable.” Under the bill, the federal government could regulate rates in states where state officials did not have “sufficient authority and capability” to do so.

…“Rate review authority is needed to protect consumers from insurance companies’ jacking up premiums simply because they can. Protections must be in place to ensure that companies do not take advantage of current market conditions before health reform fundamentally changes the way they do business in 2014.”

…“about 22 states in the individual market and 27 states in the small group market do not require a review of premiums before they go into effect — and perhaps even more. This is a gaping hole in our regulatory system, and it is unacceptable.”

That’s right folks, here come price controls. You know that this means, it’s the beginning of the end of private insurance. What a surprise, eh? But here is my favorite quote by Dianne Feinstein:

Mrs. Feinstein said her bill would close what she described as “an enormous loophole” in the new law. And she said health insurance should be regulated like a public utility.

“Water and power are essential for life,” Mrs. Feinstein said. “So they are heavily regulated, and rate increases must be approved. Health insurance is also vital for life. It too should be strictly regulated so that people can afford this basic need.”

As suspected by many conservatives, we are going to get single payer by hook or by crook. Hang on, it’s going to be a fun ride.

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