Posted on 03/06/2010 2:06:50 AM PST by JohnHuang2
U.S. companies are gasping for cash like beached fish fruitlessly flapping their gills. Rather than help these firms find financial oxygen, President Obama would accelerate their asphyxiation.
Specifically, Obama’s February 22 health reform proposal would sic the 2.9 percent employer-employee Medicare tax onto “income from interest, dividends, annuities, royalties, and rents.” This spanking-new investment-income tax would slam individuals who make more than $200,000 and north of $250,000 for married couples. These folks, who often risk their money in fledgling companies, will not enjoy Washington’s applause. Instead, Democrats will demand that they surrender even more of the proceeds of their productive capital.
(Excerpt) Read more at humanevents.com ...
Obama's economy is so peachy that losing tens of thousands of jobs in one month equals 'good news'. Seconds after the Labor Department announced that the economy lost 36,000 jobs in February, the White House seized on the marvelous news as proof the economy had turned the corner -- for the fifth time.
Citing zero evidence, the media claimed the report could have been even brighter, asserting that thousands of people lost their jobs only because it was snowing too much. Apparently, businesses were champing at the bit to hire bazillions of workers but couldn't because it was snowing in February. Something we've never had before.
According to experts, nobody gets hired in the clean up and repair after the snow, shovel sales plummet and the landscaping business dries up. This is what you believe if you're an expert.
Earlier this week, as if to reassure libbies "bracing for an ugly unemployment report" because of the winter, The Hill newspaper cited that disinterested, thoroughly Obama-neutral source "Goldman Sachs" as blaming snow for causing the growing joblessness, shrugging off any impact from that other snow job, widely known as "Barack Obama."
With the economy losing jobs and the unemployment rate stuck at 9.7 percent, the New York Times said these signs are raising "hopes of recovery." Speaking from the floor of the Senate, Harry Reid said "only 36,000 people lost their jobs today, which is really good." Labor Department head honchette Hilda Solis chirped that the report "shows positive signs that the economy is moving in the right direction." Bloomberg News quoted an economist saying that February's job losses provide "strong evidence the labor market is moving in a positive direction."
Moving in a positive direction, construction jobs fell by 64,000, jobs in the information industry fell by 18,000, warehousing and transportation employment continued to fall, retail hiring stalled and jobs in financial activities fell -- too much snow. Also moving in a positive direction, average weekly earnings fell 0.4 percent, the average workweek dropped to 33.8 hours and the workweek average in manufacturing dropped to 39.5 hours -- the snow again.
And if all that wasn't cheerful enough, 8.8 million people are now working part-time because their hours were slashed or because they can't find full-time work in Obama's great recovery -- up from 8.3 million in January. Snow.
The number of "marginally attached" workers now stands at 2.5 million, up by 476,000 from February a year ago (snow), and 1.2 million of these "marginally attached" workers were in the category of "discouraged workers" (people who gave up fruitlessly looking for work), up by 473,000 year-over-year (snow). But! Moving in a positive direction, the under-employment rate (U-6) soared to 16.8, up from 16.5 in January.
"We're trending in the right direction," said New York Democrat Rep. Carolyn Maloney, who appears marginally attached to reality.
Employment in health care services and temporary help went up, which must have been during a brief pause in the snow.
"Experts" insist the drop in construction jobs was all caused by the snow and Obama insists he's "saved or created" gobs of "shovel-ready jobs" by wasting 1 trillion in stimulus bucks, yet the jobless rate in construction is 23+ percent while the spread between the under-employment (U-6) rate and the official jobless rate keeps getting larger because the number of discouraged workers keeps growing.
But, relax. In the last 13 months, Obama has fattened the federal payroll with another 55,000 pencil-pushers. And, further laying the groundwork for sustainable economic growth, 15,000 more census workers were just hired.
Anyway, that's...
My Two Cents...
"JohnHuang2"
Nice piece. Pushing government and temp jobs shows that beyond just being socialists, these people have no concept of a business plan. They figure that to start a company you come up with the idea of a payroll, then sit back and watch the profits roll in.
It ain’t dead until congress is recessed and we flip at least 1 in Nov, or we will be fighting this battle for 3 more years!
OBAMANOMICS—TRICKLE DOWN DESTRUCTION of the economy
Bambi doesn’t keep his promises...so buyer beware!
SET THEIR LOCAL AND DC LINES ON FIRE!
PLEASE ASK THEM TO REPEAL THE BIG NEW FEES in TRICARE for Life, the retired Military over 65 secondary health ins. which they passed in a DOD bill. They promised our Military these benefits, and our Military have earned them.
Sen Scott Brown’s number is 202-224-4543
Capitol Hill switchboard is 202-224-3121
Lots of local demwit phone numbers on this thread
http://www.freerepublic.com/focus/news/2408217/posts
Rename, repackage, rewrite it a tad smaller, and sell another pig in a poke. NO COLAs for granny, retired Military or retired fed employees. BIG NEW fees for Tricare for Life retired over 65 Military’s secondary health ins. (DOD bill already passed, delayed but goes into effect 2011 NEEDS TO BE REPEALED!
OBAMA’s WAR ON SENIORS http://www.freerepublic.com/focus/f-news/2433867/posts/
New Dem mantra: Woof, woof eat dog food granny....ala let them eat cake.
Obama says slight fix will extend Social Security, http://townhall.com/news/us/2010/02/19/obama_says_slight_fix_will_extend_social_security
Health Care Rationing for Seniors Another Problem in New Obama Plan http://www.lifenews.com/bio3058.html
Medicare tax may apply to investment income (ObamaCare tax hike)
http://www.freerepublic.com/focus/f-news/2460988/posts
Obama: No reduced Medicare benefits in health care reform
http://www.cnn.com/2009/POLITICS/07/28/obama.health.care/index.html
Will healthcare reform mean cuts in Medicare for seniors?
http://www.csmonitor.com/USA/Politics/2009/1017/will-healthcare-reform-mean-cuts-in-medicare-for-seniors
Health Reform’s Hidden Victims Young people and seniors would pay a high price for ObamaCare.
http://online.wsj.com/article/SB10001424052970203517304574306303720472842.html
SOCIALIZED MED THREAD http://www.freerepublic.com/focus/news/2464538/posts
MILITARY & Retired MILITARY
Veterans’ G.I. Bill benefits MIA
http://www.freerepublic.com/focus/f-news/2464680/posts
TRI CARE FOR LIFE This from a google search:
http://economicspolitics.blogspot.com/2009/05/tricare-for-life-is-obama-trying-to.html
This option would help reduce the costs of TFL, as well as costs for Medicare, by introducing minimum out-of pocket requirements for beneficiaries. Under this option, TFL would not cover any of the first $525 of an enrollee’s cost-sharing liabilities for calendar year 2011 and would limit coverage to 50 percent of the next $4,725 in Medicare cost sharing that the beneficiary incurred. (Because all further cost sharing would be covered by TFL, enrollees could not pay more than $2,888 in cost sharing in that year.) http://www.cbo.gov/ftpdocs/99xx/doc9925/12-18-HealthOptions.pdf
Bill Would Restrict Veterans’ Health Care Options 11/06/09
Buyer and McKeon Offer Amendments to Protect Veterans and TRICARE Beneficiaries
Congress plans to block Tricare fee increases
http://www.armytimes.com/news/2009/10/military_tricarefees_blocked_100709w
http://www.navytimes.com/news/2009/10/military_tricarefees_blocked_100709w/
By Rick Maze - Staff writer, Oct 7, 2009
Tricare fee increases imposed last week by the Defense Department will be repealed by a provision of the compromise 2010 defense authorization bill unveiled Wednesday by House and Senate negotiators.
The fee increases were announced on Sept. 30 and took effect on Oct. 1, but the defense bill, HR 2647, includes a provision barring any fee increases until the start of fiscal 2011.
Retired Army Maj. Gen. Bill Matz, president of the National Association for Uniformed Services, said the announcement of fee increases was shocking considering that the Obama administration promised earlier this year to hold off on any new fee Tricare fee increases until fiscal 2011.
“President Obama and DoD assured NAUS and the entire military family earlier this year that there would rightly be no increases in any Tricare fees” in fiscal 2010, Matz said. “We took them at their word, and I can’t believe that a co-pay increase like this was allowed to go forward,” he added.
Post Reply | Private Reply | To 1 | View Replies
#
Health Reform 3.0 - Lipstick On A Pig
Friday, March 05, 2010 3:05:55 PM · 5 of 5
GailA to raptor22
OBAMANOMICS—TRICKLE DOWN DESTRUCTION of the economy
Bambi doesn’t keep his promises...so buyer beware!
SET THEIR LOCAL AND DC LINES ON FIRE!
PLEASE ASK THEM TO REPEAL THE BIG NEW FEES in TRICARE for Life, the retired Military over 65 secondary health ins. which they passed in a DOD bill. They promised our Military these benefits, and our Military have earned them.
Sen Scott Brown’s number is 202-224-4543
Capitol Hill switchboard is 202-224-3121
Lots of local demwit phone numbers on this thread
http://www.freerepublic.com/focus/news/2408217/posts
Rename, repackage, rewrite it a tad smaller, and sell another pig in a poke. NO COLAs for granny, retired Military or retired fed employees. BIG NEW fees for Tricare for Life retired over 65 Military’s secondary health ins. (DOD bill already passed, delayed but goes into effect 2011 NEEDS TO BE REPEALED!
OBAMA’s WAR ON SENIORS http://www.freerepublic.com/focus/f-news/2433867/posts/
New Dem mantra: Woof, woof eat dog food granny....ala let them eat cake.
Obama says slight fix will extend Social Security, http://townhall.com/news/us/2010/02/19/obama_says_slight_fix_will_extend_social_security
Health Care Rationing for Seniors Another Problem in New Obama Plan http://www.lifenews.com/bio3058.html
Medicare tax may apply to investment income (ObamaCare tax hike)
http://www.freerepublic.com/focus/f-news/2460988/posts
Obama: No reduced Medicare benefits in health care reform
http://www.cnn.com/2009/POLITICS/07/28/obama.health.care/index.html
Will healthcare reform mean cuts in Medicare for seniors?
http://www.csmonitor.com/USA/Politics/2009/1017/will-healthcare-reform-mean-cuts-in-medicare-for-seniors
Health Reform’s Hidden Victims Young people and seniors would pay a high price for ObamaCare.
http://online.wsj.com/article/SB10001424052970203517304574306303720472842.html
SOCIALIZED MED THREAD http://www.freerepublic.com/focus/news/2464538/posts
MILITARY & Retired MILITARY
Veterans’ G.I. Bill benefits MIA
http://www.freerepublic.com/focus/f-news/2464680/posts
TRI CARE FOR LIFE This from a google search:
http://economicspolitics.blogspot.com/2009/05/tricare-for-life-is-obama-trying-to.html
This option would help reduce the costs of TFL, as well as costs for Medicare, by introducing minimum out-of pocket requirements for beneficiaries. Under this option, TFL would not cover any of the first $525 of an enrollee’s cost-sharing liabilities for calendar year 2011 and would limit coverage to 50 percent of the next $4,725 in Medicare cost sharing that the beneficiary incurred. (Because all further cost sharing would be covered by TFL, enrollees could not pay more than $2,888 in cost sharing in that year.) http://www.cbo.gov/ftpdocs/99xx/doc9925/12-18-HealthOptions.pdf
Bill Would Restrict Veterans’ Health Care Options 11/06/09
Buyer and McKeon Offer Amendments to Protect Veterans and TRICARE Beneficiaries
Congress plans to block Tricare fee increases
http://www.armytimes.com/news/2009/10/military_tricarefees_blocked_100709w
http://www.navytimes.com/news/2009/10/military_tricarefees_blocked_100709w/
By Rick Maze - Staff writer, Oct 7, 2009
Tricare fee increases imposed last week by the Defense Department will be repealed by a provision of the compromise 2010 defense authorization bill unveiled Wednesday by House and Senate negotiators.
The fee increases were announced on Sept. 30 and took effect on Oct. 1, but the defense bill, HR 2647, includes a provision barring any fee increases until the start of fiscal 2011.
Retired Army Maj. Gen. Bill Matz, president of the National Association for Uniformed Services, said the announcement of fee increases was shocking considering that the Obama administration promised earlier this year to hold off on any new fee Tricare fee increases until fiscal 2011.
“President Obama and DoD assured NAUS and the entire military family earlier this year that there would rightly be no increases in any Tricare fees” in fiscal 2010, Matz said. “We took them at their word, and I can’t believe that a co-pay increase like this was allowed to go forward,” he added.
My doctor says he’ll retire if nazicare goes through, that means 4 others besides himself will be out of jobs and thousands of other doctors are threatening the same thing. Some will get gov’t jobs, but many are near retirement age and getting a job will be hard even for a nurse or NP.
Obamacare call list: Courtsey of TN Eagle Forum:
PLEASE CALL! DC OFFICE LOCAL OFFICE State District
Harry Mitchell (202) 225-2190 (480) 946-2411 AZ 5th District
Gabrielle Giffords (202) 225-2542 (520) 881-3588 AZ 8th District
Ann Kirkpatrick (202) 225-2315 (928) 226-6914 AZ 1st District
Jerry McNerney (202) 225-1947 925-833-0643 CA 11th District
John Salazar 202-225-4761 970-245-7107 CO 3rd District
Jim Himes (202) 225-5541 (866) 453-0028 CT 4th District
Alan Grayson (202) 225-2176 (407) 841-1757 FL 8th District
Bill Foster (202) 225-2976 630-406-1114 IL 14th District
Baron Hill 202 225 5315 812 288 3999 IN 9th District
Mark Schauer (202) 225-6276 (517) 780-9075 MI 7th District
Gary Peters (202) 225-5802 (248) 273-4227 MI 9th District
Dina Titus (202) 225-3252 702-256-DINA (3462) NV 3rd District
Carol Shea-Porter (202) 225-5456 (603) 743-4813 NH 1st District
Tim Bishop (202) 225-3826 (631) 696-6500 NY 1st District
John Hall (202) 225-5441 (845) 225-3641 x49371 NY 19th District
Bill Owens (202) 225-4611 (315) 782-3150 NY 23rd District
Mike Arcuri (202)225-3665 (315)793-8146 NY 24th District
Dan Maffei (202) 225-3701 (315) 423-5657 NY 25th District
Earl Pomeroy (202) 225-2611 (701) 224-0355 ND At-Large District
Steven Driehaus (202) 225-2216 (513) 684-2723 OH 1st District
Mary Jo Kilroy (202) 225-2015 (614) 294-2196 OH 15th District
Zach Space (202) 225-6265 (330) 364-4300 OH 18th District
Kathy Dahlkemper (202) 225-5406 (814) 456-2038 PA 3rd District
Patrick Murphy (202) 225-4276 (215) 826-1963 PA 8th District
Christopher Carney (202) 225-3731 (570) 585-9988 PA 10th District
Paul Kanjorski (202) 225-6511 (570) 825-2200 PA 11th District
John Spratt (202) 225-5501 (803)327-1114 SC 5th District
Tom Perriello (202) 225-4711 (276) 656-2291 VA 5th District
Alan Mollohan (202) 225-4172 (304) 623-4422 WVA 1st District
Nick Rahall (202) 225-3452 (304) 252-5000 WVA 3rd District
Steve Kagen (202) 225-5665 (920) 437-1954 WI 8th District
Bart Gordon (202) 225-4231 TN
Bart Stupak (202) 225 4735 MI
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