November 12, 2013

Bleep You, Alan Blinder

Filed under: Health Care,Taxes & Government — Tom @ 8:53 pm

The Princeton Keynesian economist, in the Wall Street Journal this morning:

Many Republicans have been unremittingly hostile to the ACA since it passed Congress. They have never stopped trying to kill or obstruct it, and they have not been constrained by the truth. (Remember “death panels”?) The website debacle hands them a gift: a line of attack that is true and legitimate.

Professor Blinder, do you know a guy named Paul Krugman? Of course you do.

Do you know that Krugman admitted to the necessity for “death panels” — well over a year ago? Of course you do.

Yet you’re still publicly denying the “death panels” argument, that treatment will be denied based first on finances and soon on other criteria — even after seeing cancer patients whose choices are to make their families go broke or to die because Obamacare networks won’t let them see the doctors and caregivers they were told they could keep.

Bleep you, Alan Blinder — and your little mind too.

Dave Jones’s Rocker: It’s Obamacare’s Fault

Filed under: Health Care,Taxes & Government — Tom @ 7:28 pm

At Drudge:

DrudgeHeadline1MilPoliciesTermedInCalif

Article:

Calif. Insurance Commissioner: More Than 1M Californians Having Insurance Cancelled Due To ACA

… More than 1 million cancellation notices have been sent to Californians as the Affordable Care Act begins allowing individuals to buy insurance through exchanges, Jones said.

“Jones” is Dave Jones, California’s Insurance Commissioner.

He’s a Democrat.

He just got as close as any Democrat will get to admitting that the Affordable Care Act is to blame for 1,000,000 policy cancellations.

If he could have pinned it on the insurance industry, he would have.

He didn’t.

QED.

Politico’s Josh Gerstein Thinks Bill Clinton Is the One Who Has ‘Explaining to Do’

Apparently appalled that President Obama clearly needs outside help to come to the realization that something must be done to fix the mess resulting from his “keep your plan” guarantee, Josh Gerstein at the Politico opened a Monday afternoon report by claiming that “President Bill Clinton — the man President Barack Obama once dubbed his ‘Secretary of Explaining Stuff’ — once again has some explaining of his own to do with the Obama White House.”

Hmm. It would appear that Obama has some fixing to do, and may not have been interested in doing anything to genuinely address the mess he, Kathleen Sebelius, the Affordable Care Act, and thousands of pages of restrictive regulations have wrought. Excerpts from Gerstein’s grievous report follow the jump:

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At The Fiscal Times: ‘Is GM Steering Toward Another Subprime Loan Crisis?’

Filed under: Business Moves,Economy,Taxes & Government — Tom @ 12:09 pm

Your truly’s first of what will hopefully be many articles published at The Fiscal Times is here:

Is GM Steering Toward Another Subprime Loan Crisis?
A subprime lending spree and delinquent dealers could jeopardize the carmaker’s profitability.

The trigger for the column was the following statement from GM’s September 30 financial statements contained in its 10-Q filing with the Securities and Exchange Commission:

“88 percent of the consumer finance receivables in North America were consumers with FICO scores less than 620.”

I appreciate the opportunity The Fiscal Times has provided.

Pass the Popcorn

Filed under: Health Care,Taxes & Government — Tom @ 11:40 am

Intense fireworks alert:

“Bill Clinton: ‘President Should Honor the Commitment’
and Let People Keep Their Insurance Plans”

ObamasAndClintons

Video:

James O’Keefe Nails Obamacare Navigators and Their Orgs’ Political Involvement

Filed under: Health Care,Taxes & Government — Tom @ 9:18 am

I may comment on this later. It just needs to go up now (HT National Review and Twitchy):

This is ACORN all over again — with one-sixth of the American economy at stake.

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UPDATE: From my October 1 PJ Media column (BizzyBlog mirror) –

“Navigators,” who are supposed to help applicants through the process and who will have access to all kinds of personal information, appear to be on a technical par with your average ACORN representative from back in the day, but are still not being subjected to criminal background checks.

UPDATE 2: Just scratching the surface“One fired, three suspended after undercover health care video.” The whole program needs to be scrapped.

Homestead Exemption News for Ohioans Age 65 and Over

Filed under: Ohio Economy,Taxes & Government — Tom @ 8:00 am

Received this in an email. It’s worth relaying, and is relevant to ALL Ohio homeowners over Age 65.

To Ohio Residents Age 65 or Older Who Have Not Filed for the Ohio Homestead Exemption:

If you have previously filed for the Ohio Homestead Exemption no further action is required. Going forward you are grandfathered to receive the exemption without income limitation. If you are turning 65 this year or are already 65 and have not previously filed then you’ll want to read on.

The Ohio Homestead Exemption allows qualifying homeowners to exempt $25,000 of the market value of their home from all local property taxes. For example, a home with a market value of $100,000 would be billed as if it is worth $75,000, saving about $400 per year.

Beginning in 2014, unless you have previously filed and are grandfathered in, only those with Ohio Adjusted Gross Income below $30,000 will be eligible for the exemption. For 2013 the filing deadline has been extended from June 3rd to December 31st to allow time to file under the current law and to be grandfathered in for future years without income limitation.

Don’t miss this opportunity if you have not yet applied.

Tuesday Off-Topic (Moderated) Open Thread (111213)

Filed under: Lucid Links — Tom @ 6:05 am

This open thread will stay at or near the top today. Rules are here. Possible comment fodder may follow. Other topics are also fair game.

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Salena Zito: “Obama’s Stunning Snub.” It really doesn’t stun me that Obama won’t be attending the 150th anniversary of Lincoln’s Gettysburg address. As Zito writes, “(he is) so detached from the duty of history, from the men who served in the White House before him, that it is unspeakable in its audacity.” But it is who he is.

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Andrew McCarthy at National Review:

Obama’s Massive Fraud
If he were a CEO in the private sector, he’d be prosecuted for such deception.

Barack Obama is guilty of fraud — serial fraud — that is orders of magnitude more serious than frauds the Justice Department routinely prosecutes, and that courts punish harshly. The victims will be out billions of dollars, quite apart from other anxiety and disruption that will befall them.

It is highly unlikely that Barack Obama will ever be impeached. It is certain that he will never again be trusted. Republicans and sensible Democrats take heed: The nation may not have the stomach to remove a charlatan, but the nation knows he is a charlatan. The American people will not think twice about taking out their frustration and mounting anger on those who collaborate in his schemes.

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Obamacare enrollment (HT PJ Tatlerin 12 of the states (actually 14 plus DC) with their own exchanges: 49,100.

Enrollment target: 1.4 million

Percentage of target achieved in 38 days: 3.51%

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U.S. Imam: Muslims can take the property of Christians and Jews”

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Stephen Green at PJ Media is on the same page with yours truly: “Come the new year, the U.S. insurance industry, consumer spending, and the labor force might be retracting all at once.”

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Barack Obama, Oct. 23, 2012, at a presidential debate:

“As long as I’m president of the United States, Iran will not get a nuclear weapon. I’ve made that clear when I came into office.

… We then organized the strongest coalition and the strongest sanctions against Iran in history, and it is crippling their economy. Their currency has dropped 80 percent. Their oil production has plunged to the lowest level since they were fighting a war with Iraq 20 years ago. So their economy is in a shambles.

“And the reason we did this is because a nuclear Iran is a threat to our national security and it’s threat to Israel’s national security. We cannot afford to have a nuclear arms race in the most volatile region of the world.

the deal we’ll accept is, they end their nuclear program. It’s very straightforward…

Associated Press, Nov. 8:

Kerry is in Geneva for talks aimed at putting limits on Iran’s ability to make nuclear weapons. Kerry says there important issues remain unresolved.

Talks include France, Britain, Germany and the U.S.

Kerry has suggested Washington wants Iran to commit to stop expanding activities that could lead to making weapons. In return, Tehran likely will insist on relief from sanctions that have stifled its economy.

So now Iran can have “nuclear activites” as long as those activities, which of course involve nuclear fission, don’t lead to “making weapons,” or worse, merely “limits” it without stopping it.

Great.

The slow systematic sell-out continues.

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ThinkProgress tries to smear gun owners, gets owned (pic here).

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At the New York Post: “Obama using food-stamp cash to fund Michelle’s ‘Let’s Move’” He really is. He husband even said so when he “signed the Healthy, Hunger-Free Kids Act. At the time, he admitted taking cash from one pocket to feed the other.”

Positivity: Doolittle’s Raiders Raise A Final Toast In Dayton

Filed under: Positivity,US & Allied Military — Tom @ 6:00 am

From Dayton, Ohio (delayed HT to Bill Sloat; related video is here):

Posted: Nov 09, 2013 10:39 PM EST
Updated: Nov 10, 2013 5:00 PM EST

Seventy-one years after 80 Americans made history, three are making a little more.

There are four surviving members of Jimmy Doolittle’s Raiders. Three of the men were in attendance at Saturday night’s “Final Toast.”

The toast is a yearly event to commemorate the dangerous mission in 1942 that bombed Tokyo and other industrial Japanese cities. It was only four months after Pearl Harbor and it was America’s first victory.

Retired Lt. Colonel Richard Cole, of Dayton, was Jimmy Doolittle’s co-pilot and the first plane over Japan.

“The raid was designed to let the Japanese people know that their leaders were not truthful with them by saying that their island is invulnerable” Cole said.

Everything these men did was nearly impossible for the time. They only had enough fuel for the flight there and they had to fly at treetop level to avoid detection.

“We were flying about 50 feet and the people were waving at us and were flying so low I could see the expressions on their faces. They were cheering” says David Thatcher, a crew member of the “Ruptured Duck” which was highlighted in the movie “Thirty Seconds Over Tokyo.” …

Go here for the rest of the story.