$175 premium for a young, healthy student? Thanks, Obamacare! | WashingtonExaminer.com:
"American media outlets were finally able to track down a mythical creature — a person who actually signed up for the Obamacare exchanges online.
But that person, Chad Henderson, admitted to the Washington Post that the premium for the plan he enrolled in was $175. Ouch! Wasn’t Obamacare supposed to lower premiums?
Henderson’s going to pay a $175 premium and he won’t even receive vision or dental insurance. He has contacts, so not having vision insurance is kind of a bum deal."
Friday, October 04, 2013
Tesla slips for a second day after Model S fire
Tesla slips for a second day after Model S fire | Detroit Free Press | freep.com:
"Tesla Motors fell for a second day after an Oct. 1 fire in one of its vehicles raised questions about the car’s safety, prompting the electric-car maker to issue a statement citing a collision as the cause."
"Tesla Motors fell for a second day after an Oct. 1 fire in one of its vehicles raised questions about the car’s safety, prompting the electric-car maker to issue a statement citing a collision as the cause."
Last call at 4 a.m.? Legislation would allow some Michigan bars, restaurants to serve alcohol later
Last call at 4 a.m.? Legislation would allow some Michigan bars, restaurants to serve alcohol later | Detroit Free Press | freep.com:
"If approved, businesses would have to purchase an after-hours permit for $10,000 each year.
That money would be distributed, with 85% to local police departments, 10% to the Liquor Control Commission and 5% to the local unit of government.
Sen. Virgil Smith, D-Detroit, who is sponsoring the bill"
"If approved, businesses would have to purchase an after-hours permit for $10,000 each year.
That money would be distributed, with 85% to local police departments, 10% to the Liquor Control Commission and 5% to the local unit of government.
Sen. Virgil Smith, D-Detroit, who is sponsoring the bill"
He's Just Not That Clever
The American Spectator : He's Just Not That Clever:
"To paraphrase Freud*, sometimes incompetence is just incompetence."
"To paraphrase Freud*, sometimes incompetence is just incompetence."
Chrysler cuts Viper output amid slow sales, growing inventory
Chrysler cuts Viper output amid slow sales, growing inventory:
"Pricing for the 2014 model starts at $104,480, including destination, and each car comes with a "track day" of professional driving instruction included."
"Pricing for the 2014 model starts at $104,480, including destination, and each car comes with a "track day" of professional driving instruction included."
30 Statistics About Americans Under The Age Of 30 That Will Blow Your Mind
30 Statistics About Americans Under The Age Of 30 That Will Blow Your Mind:
"Young adults as a group have been experiencing a tremendous amount of economic pain in recent years.
The following are 30 statistics about Americans under the age of 30 that will blow your mind...
#1 The labor force participation rate for men in the 18 to 24 year old age bracket is at an all-time low.
#2 The ratio of what men in the 18 to 29 year old age bracket are earning compared to the general population is at an all-time low.
#3 Only about a third of all adults in their early 20s are working a full-time job."
And it gets worse .....
"Young adults as a group have been experiencing a tremendous amount of economic pain in recent years.
The following are 30 statistics about Americans under the age of 30 that will blow your mind...
#1 The labor force participation rate for men in the 18 to 24 year old age bracket is at an all-time low.
#2 The ratio of what men in the 18 to 29 year old age bracket are earning compared to the general population is at an all-time low.
#3 Only about a third of all adults in their early 20s are working a full-time job."
And it gets worse .....
Thursday, October 03, 2013
You're In A Fool's Paradise"
Jim Rogers Warns US Stock Investors "Be Careful... You're In A Fool's Paradise" | Zero Hedge:
"On The Limits Of Central Banks:
"This is the first time in recorded history that we have every major central bank in the world printing money, so the world is floating on an artificial sea of liquidity.
Well, the artificial sea is going to disappear someday, and when it does, the catastrophe will be even worse.
Yes, it's coming,"
"On The Limits Of Central Banks:
"This is the first time in recorded history that we have every major central bank in the world printing money, so the world is floating on an artificial sea of liquidity.
Well, the artificial sea is going to disappear someday, and when it does, the catastrophe will be even worse.
Yes, it's coming,"
Jim Rogers Warns US Stock Investors "Be Careful... You're In A Fool's Paradise"
Jim Rogers Warns US Stock Investors "Be Careful... You're In A Fool's Paradise" | Zero Hedge:
"It is only a matter of time before the US stock market runs into devastating problems due to the Fed QE program", Jim Rogers warned during an interview on CNBC Singapore, adding that the prevalance of similar stimulative programs around the world merely exacerbates the probability and size of a fall.
His simple message to US investors - "Be Careful."
On US Equities:
"We may well have had a big, big rally in the U.S. stock market, but it's not based on reality.
I would encourage investors to know you're in a fool's paradise, be careful, and when people start singing praises, say, 'I've been to this party before, and I know know it's time to leave.'""
"It is only a matter of time before the US stock market runs into devastating problems due to the Fed QE program", Jim Rogers warned during an interview on CNBC Singapore, adding that the prevalance of similar stimulative programs around the world merely exacerbates the probability and size of a fall.
His simple message to US investors - "Be Careful."
On US Equities:
"We may well have had a big, big rally in the U.S. stock market, but it's not based on reality.
I would encourage investors to know you're in a fool's paradise, be careful, and when people start singing praises, say, 'I've been to this party before, and I know know it's time to leave.'""
Scooter Store scammed $108m from U.S. taxpayers |
Scooter Store scammed $108m from U.S. taxpayers |:
"Doug and Susanna Harrison are the the ‘faces’ behind The Scooter Store. They founded The Scooter Store and were personally responsible for its operations, policies and procedures – until they jumped ship in 2012. [...]
They spent years greasing the palms of politicians. Through The Scooter Store, they gave $86,273 to federal politicians and were a top source of funds for 19 members of Congress. Since 2007, they have given $473,000 to politicians.
They also spent nearly $4 million on lobbying since 2004 trying to kill laws to curb waste, fraud, and abuse in the Medicare and Medicaid programs. [...]
After being charged with fraud, the company said it would only repay $20 million of the $88 million defrauded from Medicare. They actually had the audacity to file a lawsuit against the government (really all of us as consumers) for not approving their claims."
"Doug and Susanna Harrison are the the ‘faces’ behind The Scooter Store. They founded The Scooter Store and were personally responsible for its operations, policies and procedures – until they jumped ship in 2012. [...]
They spent years greasing the palms of politicians. Through The Scooter Store, they gave $86,273 to federal politicians and were a top source of funds for 19 members of Congress. Since 2007, they have given $473,000 to politicians.
They also spent nearly $4 million on lobbying since 2004 trying to kill laws to curb waste, fraud, and abuse in the Medicare and Medicaid programs. [...]
After being charged with fraud, the company said it would only repay $20 million of the $88 million defrauded from Medicare. They actually had the audacity to file a lawsuit against the government (really all of us as consumers) for not approving their claims."
SF Kindle owners don't care about naked women in stench-filled bathrooms
S.F. library's main branch bathrooms a mess - SFGate:
"From the women's bathroom on the first floor of the San Francisco Public Library's main branch came that ripe, familiar tang.
On this day, the stench came from one of the disabled-access stalls, where, through the cracks in the door, a cart heaped with belongings was visible.
Informed of the situation, custodian Richard Mathews asked, "Was she naked?"
He explained that his supervisor had recently emerged from the bathroom to report a "woman, buck naked, lying on the ground of one of the stalls, doing puzzles on the floor."
"We figured if she wasn't bothering anyone," Mathews said, "we would let her be.""
"From the women's bathroom on the first floor of the San Francisco Public Library's main branch came that ripe, familiar tang.
On this day, the stench came from one of the disabled-access stalls, where, through the cracks in the door, a cart heaped with belongings was visible.
Informed of the situation, custodian Richard Mathews asked, "Was she naked?"
He explained that his supervisor had recently emerged from the bathroom to report a "woman, buck naked, lying on the ground of one of the stalls, doing puzzles on the floor."
"We figured if she wasn't bothering anyone," Mathews said, "we would let her be.""
MSNBC Anchor Mockingly Asks GOP Congressman If He Has ‘Degree In Economics’… Turns Out He Does!
MSNBC Anchor Mockingly Asks GOP Congressman If He Has ‘Degree In Economics’… Turns Out He Does! | Video | TheBlaze.com:
"Brewer: We were looking at going–reverting a depression at that point. Everyone, the Fed Chairman–
Rep. Brooks: Well I disagree we were going into a depression, but go ahead.
Brewer: Do you have a degree in economics?
Rep. Brooks: Yes ma’am I do, highest honors.
Rep. Brooks official bio says that the Congressman graduated from Duke University in three years with a double major in political science and economics, with highest honors in economics. After Duke, Rep. Brooks graduated from the University of Alabama Law School in 1978.
Brewer’s question seems especially interesting considering that economics is a Top 10 major for undergrads. Brewer, who does not have a degree in economics, quickly realized her gaffe and responded on Facebook after the interview:"
"Brewer: We were looking at going–reverting a depression at that point. Everyone, the Fed Chairman–
Rep. Brooks: Well I disagree we were going into a depression, but go ahead.
Brewer: Do you have a degree in economics?
Rep. Brooks: Yes ma’am I do, highest honors.
Rep. Brooks official bio says that the Congressman graduated from Duke University in three years with a double major in political science and economics, with highest honors in economics. After Duke, Rep. Brooks graduated from the University of Alabama Law School in 1978.
Brewer’s question seems especially interesting considering that economics is a Top 10 major for undergrads. Brewer, who does not have a degree in economics, quickly realized her gaffe and responded on Facebook after the interview:"
Majority of citizens have little faith in media
Tim Skubick: Majority of citizens have little faith in media | MLive.com:
"“Media Bounces Back From All-Time Low,” the headline screamed.
Only the media could describe a 4 percent shift in the public’s attitude as a “bounce” on the question of confidence in the media’s accuracy. At best it was a blip. At worse it was within the margin of error and therefore meaningless.
Get this. Last year 40 percent said they trusted the media - which was an all time low. Now, as if by some miracle, the number “bounced” to 44 percent.
Pop the cork on the champagne bottles. The media is back.
What a total hoot."
"“Media Bounces Back From All-Time Low,” the headline screamed.
Only the media could describe a 4 percent shift in the public’s attitude as a “bounce” on the question of confidence in the media’s accuracy. At best it was a blip. At worse it was within the margin of error and therefore meaningless.
Get this. Last year 40 percent said they trusted the media - which was an all time low. Now, as if by some miracle, the number “bounced” to 44 percent.
Pop the cork on the champagne bottles. The media is back.
What a total hoot."
Lesson for Detroit? California city struggles after avoiding pensions during bankruptcy
Lesson for Detroit? California city struggles after avoiding pensions during bankruptcy | MLive.com:
"DETROIT, MI - A California city that filed bankruptcy two years ago is back in financial trouble as pensions, which were left untouched, eat up revenue needed for municipal services.
Reuters reports that Vallego, Calif., which completed a bankruptcy filing in 2011, is facing a $5.2 million deficit this year and nearly $9 million next year. Experts say the city's inability to cut pension benefits - while cutting all other services - left it in a precarious position.
Vallejo's experience has implications for Detroit"
"DETROIT, MI - A California city that filed bankruptcy two years ago is back in financial trouble as pensions, which were left untouched, eat up revenue needed for municipal services.
Reuters reports that Vallego, Calif., which completed a bankruptcy filing in 2011, is facing a $5.2 million deficit this year and nearly $9 million next year. Experts say the city's inability to cut pension benefits - while cutting all other services - left it in a precarious position.
Vallejo's experience has implications for Detroit"
Obama: Transforming America
Obama: Transforming America | National Review Online:
“We are five days away from fundamentally transforming the United States of America.” — Barack Obama, October 30, 2008
“We are going to have to change our conversation; we’re going to have to change our traditions, our history; we’re going to have to move into a different place as a nation.” — Michelle Obama, May 14, 2008"
“We are five days away from fundamentally transforming the United States of America.” — Barack Obama, October 30, 2008
“We are going to have to change our conversation; we’re going to have to change our traditions, our history; we’re going to have to move into a different place as a nation.” — Michelle Obama, May 14, 2008"
Captain Capitalism: Democrats are the Real Uncle Toms
Captain Capitalism: Democrats are the Real Uncle Toms
"I don't know how else to get blacks to take the red pill they so desperately need. Democrats, especially the likes of Sharpton, Jesse Jackson, and most politicians are using you. Don't you get it? They are using you to make themselves rich while impoverishing you."
"I don't know how else to get blacks to take the red pill they so desperately need. Democrats, especially the likes of Sharpton, Jesse Jackson, and most politicians are using you. Don't you get it? They are using you to make themselves rich while impoverishing you."
NAACP claim right of "black people" to bankrupt their city... if they want to.....
Detroit bankruptcy judge lets union seek opinion on 13th pension check | Crain's Detroit Business:
"Also at the hearing, the NAACP, the civil rights group, asked Rhodes for permission to pursue a voting rights lawsuit that challenges the Michigan law that allowed Detroit Emergency Manager Kevyn Orr to put the city into bankruptcy in July.
Before the bankruptcy, state NAACP officials filed a lawsuit that claims the emergency manager law violates the voting rights of black people in Detroit and several other local governments by stripping their elected officials of power."
"Also at the hearing, the NAACP, the civil rights group, asked Rhodes for permission to pursue a voting rights lawsuit that challenges the Michigan law that allowed Detroit Emergency Manager Kevyn Orr to put the city into bankruptcy in July.
Before the bankruptcy, state NAACP officials filed a lawsuit that claims the emergency manager law violates the voting rights of black people in Detroit and several other local governments by stripping their elected officials of power."
Insurance Manager: ‘We Have Yet To Have Someone Successfully Register On The Marketplace’
Insurance Manager: ‘We Have Yet To Have Someone Successfully Register On The Marketplace’ « CBS DC:
"SACRAMENTO, Calif. — Overloaded websites and jammed phone lines frustrated consumers for a second day as they tried to sign up for health insurance under the nation’s historic health care overhaul.
That was putting pressure on the federal government and the states that are running their own insurance exchanges to fix the problems amid strong demand for the private insurance plans.
“I think I’m through with Hawaii Health Connector,” said Richard Gamberg, 61, of Honolulu, after tweeting messages to officials and complaining to state lawmakers on Wednesday. “They’ve got ads in the newspaper, they’ve got ads on the TV — it just flabbergasts me.”"
"SACRAMENTO, Calif. — Overloaded websites and jammed phone lines frustrated consumers for a second day as they tried to sign up for health insurance under the nation’s historic health care overhaul.
That was putting pressure on the federal government and the states that are running their own insurance exchanges to fix the problems amid strong demand for the private insurance plans.
“I think I’m through with Hawaii Health Connector,” said Richard Gamberg, 61, of Honolulu, after tweeting messages to officials and complaining to state lawmakers on Wednesday. “They’ve got ads in the newspaper, they’ve got ads on the TV — it just flabbergasts me.”"
Making up numbers is haaarrrrd...........
California: So, Obamacare exchange traffic wasn’t actually 5 million; it was 700K « Hot Air:
" The federal health exchange reportedly had 2.8 million visitors, but wouldn’t release numbers for enrollment:
Some state run exchanges have released data on the number of people who have enrolled.
Twenty-four people had enrolled in the Connecticut exchange by noon Tuesday, while the one in Kentucky had processed nearly 1,000, according to USA Today.
“Certainly states can report what they want, these are state-based exchanges and some have reported early enrollment numbers.
We have just decided not to release that yet,” Tavenner said."
" The federal health exchange reportedly had 2.8 million visitors, but wouldn’t release numbers for enrollment:
Some state run exchanges have released data on the number of people who have enrolled.
Twenty-four people had enrolled in the Connecticut exchange by noon Tuesday, while the one in Kentucky had processed nearly 1,000, according to USA Today.
“Certainly states can report what they want, these are state-based exchanges and some have reported early enrollment numbers.
We have just decided not to release that yet,” Tavenner said."
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