Category Archives: Economy

So Sumi Is Done

So sayeth the Wisconsin Supreme Court, by reinstating Governor Walker’s plan to return Wisconsin to fiscal responsibility.

And an excellent analysis summary by Professor Jacobson.

Energy Costs to Skyrocket 2014

Marylanders, didn’t our electric rates go up 72% not too long ago?

Now, how about another 40 to 60% by 2014 when EPA regulations make coal fired energy plants a lot more expensive to operate?

Has anyone screamed “Uncle” yet?

New Logo In Town

Don't Tread On Me in 2012

Unintended Healthscare Consequences

From a recent study by McKinsey & Company. According to that study, it appears that Obamacare may cost 60 million employees their health benefit coverage. Don Surber focuses on that.

Since then, there is now considerable angst within the McKinsey & Company itself. And disagreements within and without.

There’s only one way to solve this poblem.

Defund and eliminate this unconstitutional piece of bad, bad, absolutely terrible legislation.

Gay Couples Gain Medicaid Protections

They have Obama to thank for that. And Kathleen Sebelius, and Cindy Mann.

The Obama administration is set on Friday to issue policy guidance to states expanding their ability to offer same-sex couples the same protections afforded to straight couples when they receive long-term care under Medicaid, the Washington Blade has learned exclusively.

Under the new guidance, dated June 10, states have the option to allow healthy partners in a same-sex relationship to keep their homes while their partners are receiving support for long-term care under Medicaid, such as care in a nursing home.

Waving Goodbye to Waivers?

It appears that Kathleen Sebelius, Head of Department of Health and Human Services, has some ‘splainin’ to do.

Seems the Obamacare doesn’t impart the authority to HHS to issue waivers.

Goodness! Did someone overstep their bounds? Will we ever find out for sure?

Stay tuned.

Bankrupting America the Video

And the POTUS’ Chief Economist quit.

Trouble In River City

It seems that the POTUS doesn’t like the fact that Indiana passed legislation to cut off funds to Planned ParentHOOD.

So what does he do?

Well, I think Don Surber said it best, “What kind of man withholds health treatment for a million people just to keep money flowing to his buddies in an abortion mill?”

Losing Ground

Apparently, our POTUS (you know who he is) is now blaming earthquakes and Europe for the disastrous economy here in our country.

He may have a golden tongue, but certainly has the opposite of the Midas touch.

In case you think that soundbite is a poor selection to hang your hat on, read this article from the Washington Examiner.

“The signal was clear. Obama had already ignored his own deficit reduction commission in preparing his annual budget, which was later rejected 97-0 in the Senate. Now he was signaling that the time for governing was over and that he was entering campaign mode 19 months before the November 2012 election. People took notice, especially those people who decide whether to hire or not. Goldman Sachs’s Current Activity Indicator stood at 4.2 percent in March. In April — in the middle of which came Obama’s GW speech — it was 1.6 percent. For May it is 1 percent. . . . The message to job creators was clear. Hire at your own risk. Higher taxes, more burdensome regulation and crony capitalism may be here for some time to come.”

Financial Future For Who?

Us? China?

There is way too much in the way of articles, essays, opinions to opine about here.

Instead, here are a few links to whet your whistle, or increase your angst:

China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury. . . .”

29 Months into the most Left Wing U.S. Presidency and we are heading into an economic disaster.

More bad economic news.

I have one question:

How can one man, such as our President, solve this crisis when it is Congress that has helped him more than triple our indebtedness (and waants to spend even more) and our primary lender is separating itself from our poor financial dealings?