I really love it when a liberal runs face first into reality, and has no clue that their policies created that reality. The latest victim of this cognitive dissonance is Donna Brazile, the current DNC vice- Chair. Nice Deb has info on Ms. Brazile’s recent brush with reality… Now, how could she had known that her premiums were going to go up? Could she have been warned? Well, friends, those types of warnings are a speciality here at the CH2.0. Elections have Consequences: Health Insurance Premiums to Hit $20,000? ObamaCare Damage: Health Insurance Premiums to Double? Maybe They Should Have [...]
I guess people voted for higher gas prices, because gasoline costs $900 more a year since Obama took office. Breitbart has the graphical evidence… Remember, elections have consequences. Related posts: ObamaCare Damage: Increased Costs to Consumers, Just as Predicted ObamaCare Damage Roundup: It Costs Almost Twice as Much as Promised, and Millions Might Lose Their Plans Food Prices Rise Under Obama President Obama Puts 20-Year Ban on Prosperous and Safe Uranium Mining in Arizona Layoff Update: Over 75,000 Lose Their Jobs Since Obama’s Election Day Victory Related posts brought to you by Yet Another Related Posts Plugin.
Here is a post from Jim at Asylum Watch discussing High Unemployment-Matt In Part I of this series, we examined money velocity (the number of times the money supply circulates in the economy over a year), which is directly related to economic growth, GDP, and found that it has been declining since 1999. The velocity of money is currently slower than it was in the Great Depression. We noted that the stock market has recovered nicely and corporate and banking profits are up and Wall Street investors are doing well. This suggest that the money supply is circulating at a higher [...]
Curtis Dubay at Heritage has an article on all of our new taxes, courtesy of the Obama administration. New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax Increases That Started January 1, 2013 Tax increases the fiscal cliff deal allowed: 1. Payroll tax: increase in the Social Security portion of the payroll tax from 4.2 percent to 6.2 percent [...]
If you ask Aetna CEO Mark Bertolini, the answer is yes. Townhall has more… Yesterday on CNBC, Aetna CEO Mark Bertolini said that health insurance premiums could as much as double if Obamacare comes into full effect: To provide all Americans with health insurance, premiums will have to rise to pay for it, Aetna CEO Mark Bertolini told CNBC’s “Closing Bell” on Wednesday. “If we’re going to insure all Americans, which is a worthy and appropriate cause, then somebody has to pay for it,” Bertolini said of the expected premium increases under Obamacare. Bertolini said that insurance premiums could double [...]
Liberals often harp on Military spending, and wish to cut it, citing it’s percentage of the government. However, under President Obama, Welfare spending alone has gone over 1.03 trillion dollars. And yes, that is trillions with a “t.” The Lonely Conservative has more… Welfare spending – that’s President Obama’s economic plan. Last year the federal government spent over $1 trillion on welfare programs. It’s the one thing Obama has been good at – getting people on the dole and hoping they vote for more. The government spent approximately $1.03 trillion on 83 means-tested federal welfare programs in fiscal year 2011 alone — [...]
Yesterday, I asked the question, which is worse, being Obama’s enemy, or his friend? That line resonates a bit more today, given that college students, who overwhelmingly supported Obama in 2008, are being repaid for that support-in higher insurance rates thanks to ObamaCare. The Lonely Conservative has more… College students who purchase their health insurance policies through their colleges may be in for a shock when they get the bill. Colleges all over the country are raising premiums drastically to cover the costs associated with Obamacare. In North Carolina, where Democrats are hoping young voters will help them win the [...]
Remember when we were all told that under ObamaCare, if you liked your plan, you could keep it? As we predicted then, a ton of people are going to lose their plan. And, just as we predicted, it is predictable and intentional. For the latest example, The Blaze has coverage of Fransciscan University in Stuebenville Ohio… Franciscan University, a Catholic institution in Steubensville, Ohio, is claiming that Obamacare has forced the school to end its student heath insurance program. The massive health care overhaul, the university says, has led to cost increases that no longer make offering the program a [...]
ObamaCare Damage Roundup: It Costs Almost Twice as Much as Promised, and Millions Might Lose Their Plans
Are Conservatives and Libertarians prophetic? Or do they just have a good grasp of the obvious? While I’d like to think that we’re able to see the future, the reality is that we can integrate information from a variety of sources, and make reasonable predictions about future events. Consider ObamaCare-when we were told that Congress had to pass it “so we can see what is in it.” While the contents were supposedly a mystery, promises were made, like it being revenue neutral, costing approximately $900,000,000,000 over the first ten years. However, Conservatives pointed out that there were many accounting tricks done to meet that number, and [...]
As we have chronicled with the “Great Moments in Civil Discourse” posts, regressives have a glaring double standard in which the the most innocent and inane comments made by Conservatives are filled with racism and “hate.” On the other hand, regressives are apparently cleared to call for violent revolution, engage in thug tactics against men, women, and children, and make death threats. For the latest example, we need to take a look at some interesting emails received by Koch industries, via Powerline. On Thursday, Charles Koch authorized employees of Koch Industries to reveal the contents of “hundreds of e-mails that the Kochs and employees have received [...]
The good thing about having a record is being able to run on it, and I have a track record of posts on my blog that make Obama pretty jealous. In November of 2008 I pointed to an interview that Obama gave where he said that as part of his ‘green energy’ policies he intended to use the power of the federal government to bankrupt all coal producers in the United States. As I quite accurately wrote: Obama is telling anyone that uses any energy at all that he intends to drive up the price of it. Combine this with his [...]
Obama’s insane energy policy is burning a hole through the American’s family budget. At the same time, our government is burning through our tax dollars while putting our future generations deeper and deeper in debt. How are Americans reacting to this insanity? That I can tell, there is almost no reaction from Main Street America. The reason, I think, is obvious. The average American is being battered about like a ball in a pin ball machine by the multitude of negative impacts their government’s policies are having on them. It is almost impossible for anyone to focus on one bad policy long enough [...]
Government Action Causes Preemie Birth Preventive Drug to Go from $10 to $1500- Further Evidence that Evil Insurance Companies Must be Nationalized?
From the Associated Press: The price of preventing preterm labor is about to go through the roof. A drug for high-risk pregnant women has cost about $10 to $20 per injection. Next week, the price shoots up to $1,500 a dose, meaning the total cost during a pregnancy could be as much as $30,000. That’s because the drug, a form of progesterone given as a weekly shot, has been made cheaply for years, mixed in special pharmacies that custom-compound treatments that are not federally approved. But recently, KV Pharmaceutical of suburban St.Louis won government approval to exclusively sell the drug, [...]
It apparently doesn’t pay to tell the truth in LA Country. Los Angeles County Supervisor Michael Antonovich released new statistics this week showing social spending for those families in his county rose to $53 million in November, putting the county government on track to spend more than $600 million on related costs for the year — up from $570 million in 2009. Antonovich arrived at the estimate by factoring in the cost of food stamps and welfare-style benefits through a state program known as CalWORKS. Combined with public safety costs and health care costs, the official claimed the “total cost [...]
I originally caught this over at Porcupine Rim. You might want to give it a look, as it captures a great deal of ObamaCare Damage. Scary stuff, isn’t it? Related posts: ObamaCare Damage: We Don’t Need no Re-education ObamaCare Damage: Three Catholic Hospitals for Sale, ObamaCare a Factor MSM Mentions ObamaCare Damage: Points out the Exploitable Crisis ObamaCare Damage: IPAB, Rationing and the Dealth Panel? ObamaCare Damage: Doctors Moving Away From Medicare Related posts brought to you by Yet Another Related Posts Plugin.
ObamaCare “would decrease costs…” is the nominal Democratic talking point regarding costs in the brave new world of government interference in the health care system. Of course, it’s a lie. It’s a lie that the Democratic members of Congress will repeat, and their lapdogs in the media will be all too happy to echo. Here is an example of the truth, one that you will never see in the MSM. Dow Jones Newswires | Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House of Representatives would increase the company’s health-care costs by more than $100 million [...]