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Archive for November 19th, 2010

They’re smarter, wiser, and better looking than us, that’s why they’re called “The Elites.” So how could they be so wrong about everything?

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The power of the voters took down that Botox-ego that Pelosi had.

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Are you kidding me? A ultra-liberal state with tight gun control laws is the most violent state in the Northeast. Sounds like a lot of liberal states/cities. Chicago and Washington, DC come to mind. How will liberals explain the reasons for such high crimes rates when they can’t blame it on guns or poverty?

The Boston Herald reports:

Massachusetts retained its status as the most violent state in the Northeast, according to a report released Tuesday morning by public health advocates and based on statistics compiled by the FBI.

In its biennial report that studies health care trends in the state, the Massachusetts Health Council said approximately 30,000 violent crimes were committed in Massachusetts in 2009 or 456 violent crimes per 100,000 people, making it the highest per capita crime rate in the Northeast.

The report looked at the six New England states, New Jersey, New York and Pennsylvania. The violent crimes include murder, manslaughter, rape, armed robbery, and aggravated assault.

While the rates of some crimes remained the same, rape and attempted rape rose 27 percent from 2008-2009 in Massachusetts, the report found.

“We really need to do something about violence,” said Susan Servais, executive director of the Massachusetts Health Council, a non-profit, non-partisan statewide organization of more than 150 governmental and voluntary agencies.

According to the report, violent crime in Massachusetts rose by less than 1 percent over 2008.

Aggravated assault, with 20,836 incidents, occurred at a rate of 316 per 100,000 residents in 2009, the highest rate of any state in the region and 20 percent higher than the U.S. in total. The report cited 172 cases of murder or manslaughter, a 2.2 percent increase over 2008 but lower than the regional and the U.S. rates for those categories.

Robbery incidents totaled 7,427, at a rate of 113 per 100,000, a 4.2 percent increase over 2008, and were also below the regional rate. Approximately 780 gunshot wounds, an average of 15 a week, and 1,332 sharp instrument wounds assaults were reported by hospital emergency departments in the state last year.

Looks like Massachusetts might want to put some “sharp instrument” controls in place since more people are wounded by sharp objects that those evil handguns.

The report outlines some of the reasons for the uptick in violence, pointing to a decrease in state funds for violence prevention programs and coalitions that work with at-risk young adults. Servais said the council will urge legislators to replace funds and create policies to help human service organizations that work to reduce violence.

This is the dangers of living in a liberal city or state. Ever notice how liberal-controlled cities and states always have higher crime rates, poverty and terrible education systems? How can this be since liberals care so much for the poor and downtrodden? Their answer? More money from the taxpayers.

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I would’ve added Testicular Sight Adjustment.

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Boss, you are so brilliant on top of being clean and articulate

Those hair plugs have really ruined those last few brain cells Biden has. The gaffe prone vice president has added to his collection of stupid statements.

The Daily Callerreports:

The vice president is a talker, and then some. But in a new interview with GQ, he managed some gems, even for Joe Biden.

For instance, reporter Lisa DePaulo pressed Biden repeatedly on why President Obama isn’t connecting with the American public and is instead viewed as professorial and aloof. “So what is it?” asked DePaulo.

“I think what it is, is he’s so brilliant. He is an intellectual,” Biden said.

Also, Obama has a “blind faith” in the American public’s ability to understand the benefits of his policies. “[He says] ‘No. The American people get this. Just tell them. Just go out there and do the right thing’,” Biden said.

Biden went on to explain how Obama’s childhood shows he does, in fact, deeply understand the American public. “Look, think about the guy. This is an African American who had a Caucasian mother, raised in a Caucasian neighborhood by Caucasian grandparents. Talk about a guy who knows what it’s like. This is a guy who gets it,” Biden said.

Typical Democrat. The use of Obama’s supposed intelligence and race is all they mention.

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She really does hate our military men and women

I guess Senator “Ma’am” should ask those homosexuals who were killed in Iran, Pakistan and other countries that follow the “religion of peace’ about this. I don’t recall the American government or any other religion calling for the death of homosexuals.

CNSNews.comreports:

Sen. Barbara Boxer (D-Calif.) today likened the United States of America to Iran, North Korea and Pakistan because those nations also do not allow homosexuals in their militaries.

Boxer likened the U.S.A. to the Communist regime in North Korea, the Islamic regime in Iran and the Pakistani government at a press conference in which she called for repealing the ban on homosexuals in the military during the lameduck session of Congress, which is taking place now before the new members elected on Nov. 2 can arrive in Washington, D.C. and replace the members who are retiring or who were defeated. 

“We now stand with this rule with countries like Iran, North Korea and Pakistan in banning gays and lesbians from military service,” said Boxer. “Our brave young men and women fight alongside allies like Australia, the United Kingdom and others who allow gays and lesbians to serve openly. Let’s not stand with Pakistan and with North Korea and Iran.”

There is a huge difference. THE US DOESN’T KILL THESE FOLKS FOR BEING GAY YOU MORON.

Notice that Democrats who want to repeal ‘don’t-ask-don’t-tell’ never talk about how it was sign into law by that lovable Democrat Bill Clinton? It was a great law until the Democrats needed that gay voting block to exploit.

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He said it but knew all along it was a lie. You will not be able to keep that health insurance plan you like because ObamaCare will not allow you to keep it. The side effects from ObamaCare continue.

Avery Johnson reports, via The Wall Street Journal:

Seniors enrolling in private Medicare policies starting this week are finding fewer options, as health insurers close down certain types of plans due to legislative changes and looming cuts to federal funding.

This is due to the $500 billion Obama is cuttingfrom the already broke Medicare system so he can pay for his health care takeover.

Cigna Corp., Harvard Pilgrim Health Care, several Blue Cross Blue Shield plans and others aren’t renewing hundreds of Medicare Advantage plans, which are Medicare policies administered by private insurers. The moves will displace some 700,000 beneficiaries who must find new policies, according to Humana Inc., a large seller of Advantage plans.

For 2011, the Kaiser Family Foundation said there will be a 13% decline in the number of Medicare Advantage plans.

The pullback is largely due to a 2008 law that required the plans to have networks of preferred doctors, with the idea that managed care could be less costly and aggressive marketing could be curbed. Some providers of traditional fee-for-service policies decided to close the plans rather than invest in networks. But some insurers say the federal health-care overhaul, which includes $140 billion in cuts to reimbursements for Advantage plans over 10 years, is a factor as well.

In the near term at least, consumers in remaining plans will see relatively flat premiums and richer benefits, the result of provisions in the health overhaul to pay for preventive care services and cover more drugs.

But over the longer term, insurance executives predict a continued tightening in the market.

“It is hard to imagine these cuts to Medicare Advantage and nothing is going to change,” said Michael McCallister, chief executive of Humana. The firm closed or merged 31 fee-for-service plans for next year, but sees growth in its remaining business as it picks up seniors displaced when competing plans close.

Medicare Advantage is expected to bring in more than $51 billion in revenue for major health plans this year, according to a Goldman Sachs estimate. That revenue could drop to as low as $37 billion in the next few years as the cuts kick in, Goldman estimates, but insurers likely will find new ways to bring in business, and sales are expected to climb back to $51 billion by 2018.

Humana, where the program accounts for more than half of the company’s sales, says that its continued growth depends on reducing costs 15% below traditional Medicare’s payment rates.

Due in part to Medicare funding cuts, Humana on Thursday projected a decline in earnings for next year to $5.35 to $5.55 per share, compared to this year’s target of $6.40 to $6.50.

Nonetheless, Humana expects to make a 5% profit margin going forward on the business, hopes to expand its membership next year, and reiterated its confidence in Medicare Advantage over the long term.

About a quarter of seniors get their coverage through Medicare Advantage plans, which are popular because they tend to have affordable premiums and provide extra benefits such as gym memberships. The plans tend to yield high profit margins, typically 5% or more, for insurers, consultants say, because the government pays them more than it does traditional Medicare, an arrangement originally devised in the early part of this decade to lure insurers and seniors into the private market.

Sentara Healthcare’s Optima Health, an insurer in Virginia Beach, Va., has decided to shutter two plans for next year because of pending health-overhaul cuts. A spokeswoman said the cuts will make it impossible to shoulder the higher administrative and medical costs in those plans.

Harvard Pilgrim said the decision to close its plan was largely based on the new network requirements, but that it also considered the future viability of Medicare Advantage. “The likelihood that there would be cuts at some point played a role,” said spokeswoman Sharon Torgerson.

CMS said it can’t comment on business decisions of individual carriers and is closely tracking seniors whose plans have been eliminated, to make sure they understand their options.

CMSalready told Americans that Obamacare raises medical costs and insurance premiums.

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I wrote earlier today about the Obama GM lie. Obama stood in front of the American people and read his lie off the teleprompter. The Taxpayers, who bailed out GM, will not make a profit off the GM bailout. Obama continues to lie and the numbers prove this. Even Obama supporting Reuters points these facts out.

The Heritage Foundation has a great article about this scam and I’m going to post it here for all to read.

From Heritage.org:

Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling their GM stock at the IPO price,the U.S. taxpayer will lose $10 billion on the deal, and that does not include the loans GM still owes, cash for clunkers, the Chevy Volt subsidies, or the millions of unseen costs the unprecedented intervention has inflicted on our economy.

The IPO price is $33 dollars. In order for the taxpayers to “recover more than my (Obama) administration invested” that price would need to be around $51 dollars. Someone should explain to Obama that $33 < $51.

No matter what you hear from the President’s defenders, always remember that it did not have to be this way. As late as April 30, GM’s bondholders were willing to take a 58 percent equity stake in the company in exchange for canceling their $27 billion in unsecured GM bonds. But under their deal, the federal government would have had no control over this new company, while the United Auto Workers union would have received a minority share of the company and the taxpayers would have been protected as a secured creditor. An even better outcome would have been for the federal government not to have supplied taxpayer cash at all and let all creditors take their lumps from an unbiased bankruptcy judge. But President Obama just couldn’t keep his government out of it.

So he publicly bullied the GM bondholders into accepting a much worse deal. Under the White House plan, the federal government was awarded a 60 percent stake of GM, the Canadian government got 12.5 percent, and GM’s unions got 17.5 percent while the bondholders walked away with just 10 percent. Defenders of the bailout say all this was worthwhile because the effects of a failure of GM would have been catastrophic. But that ignores both the deal the bondholders first offered the unions and the possibility of an expedited—but non-political—bankruptcy proceeding.

Before this week, taxpayers put $49.5 billion into GM and held a majority stake in the company. The IPO allowed the Treasury to sell about a quarter of this at $33 per share, raising $13.6 billion. That leaves taxpayers, post-IPO, with $35.9 billion “invested” and about a 37 percent stake in the company. At $33 per share, that leaves taxpayers still almost $10 billion in the hole. The shares would have to jump to $51 for taxpayers to break even, a price level considered by most analysts to be unlikely.

But perhaps the biggest danger of all is the prospect of the GM “success” being used to justify future bailouts of other firms. That would be the true catastrophe. As George Mason University economist Don Boudreaux wrote:

The chief economic case against the bailout was not that huge infusions of taxpayer funds and special exemptions from bankruptcy rules could not make G.M. and Chrysler profitable. Of course they could. Instead, the heart of the case against the bailout is that it saps the life-blood of entrepreneurial capitalism. The bailout reinforces the debilitating precedent of protecting firms deemed “too big to fail.” Capital and other resources are thus kept glued by politics to familiar lines of production, thus impeding entrepreneurial initiative that would have otherwise redeployed these resources into newer, more-dynamic, and more productive industries. The “success” of the bailout is all too easy to engineer and to see. The cost of the bailout—the industries, the jobs, and the outputs that are never created—is impossible to see, but nevertheless real.

The legal and political chicanery used by the White House to produce the GM “success” story is also exactly why the United States fell from the ranks of the economically “free,” as measured by The Heritage Foundation’s Index of Economic Freedom this year. From Fannie Mae to Freddie Mac, from GM to Chrysler, from AIG to Citibank, our government continues to subvert the established rule of law. This lawlessness creates uncertainty in the business environment, and it is a huge reason why our economy is not recovering as it should be.

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H/T to Diversity Lane

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