Low skilled or no skilled people will be making more money than a lot of small business owners who are taking all the risks. Lib loons see nothing wrong with this.
The last time I looked, 2015 has arrived. The babbling fool, obama, only missed by 690,000. In the world of lib loons, that is a rounding error.
(Blumenthal crawls out of the woodwork)
nypost ^ | 5/22/15 |
The Blumenthal email story underlines what we already suspected about Hillary’s atrocious tenure as Secy of State and at the Clinton Foundation. The avalanche of ethical controversies were exacerbated by Clinton loyalist Sidney Blumenthal resurfacing. He was banned from govt employment, but from his paid perch at the Clinton Foundation, he sent Secy of State Hillary memos on Libya that she forwarded (unattributed and unquestioned)....even as Blumenthal's agit-prop caused eye-rolling among State Dept pros.
Hillary portrays herself as the picture of openness, that she wants her e-mails public as soon as possible. But the Clinton-Blumenthal emails were cleansed until a Romanian hacker came forward. The Clinton Foundation slush fund---AKA as a "charity"---is now exposed as a holding tank for Clinton political operatives.....looks like the various "Clinton charities" are uninformed about the Foundation's aiding the Clintons scheme to return to power.
Blumenthal was sending Hillary memos about Libya at the same time that he was in league with people trying to make money in Libya. Did Blumenthal’s would-be business associates got together and say: “We need to find the best expert we can on North Africa, someone who understands the subtleties of Libyan politics: "Let's get Sidney Blumenthal." More likely it was: “We need to find someone who has a back channel to Hillary so the State Dept will give our venture the most favorable possible consideration. Let’s get Sidney Blumenthal!”
Sacramento Bee ^ | May 21, 2015 | Hudson Sangree
Covered California board members voted Thursday to become the first state health care exchange in the nation to impose price caps on high-cost specialty drugs to treat conditions such as hepatitis C and HIV.
The four board members (a.k.a. the death panel) unanimously agreed to impose $250 monthly limits on out-of-pocket prescription costs for most patients, creating a precedent that other government health exchanges could follow.
Now we know why. He had inside information and used it to limit the loss.
G.M. Inquiry Said to Find Criminal Wrongdoing
New York Times ^ | May 22, 2015 | By DANIELLE IVORY, BEN PROTESS and BILL VLASIC
Justice Department investigators have identified criminal wrongdoing in General Motors’ failure to disclose a defect tied to at least 104 deaths, and are negotiating what is expected to be a record penalty, according to people briefed on the inquiry.
A settlement could be reached as soon as this summer. The final number is still being negotiated, but it is expected to eclipse the $1.2 billion paid last year by Toyota for concealing unintended acceleration problems in its vehicles, said the people, who did not want to be identified because the negotiations weren’t complete.
G.M.’s eagerness to resolve the investigation — a strategy that sets it apart from Toyota, which fought prosecutors — is expected to earn it so-called cooperation credit, one of the people said. That credit could translate into a somewhat smaller penalty than if G.M. had declined to cooperate.
For more than a year, federal prosecutors in Manhattan and the F.B.I. have homed in on whether the company failed to comply with laws requiring timely disclosure of vehicle defects and misled federal regulators about the extent of the problems, the people who were briefed on the inquiry said. The authorities also examined whether G.M. committed fraud during its bankruptcy proceedings in 2009 by not disclosing the defect. . .
How L.A.’s New Minimum Wage Could Hurt the Poor [by earning too much to get food stamps]
The Daily Beast ^ | May 22, 2015 | Monica Potts
If someone’s pay suddenly doubles, he/she may lose rental assistance, child care subsidies, and more.
In L.A., a worker who currently makes $9 an hour and works 40 hours a week (which is not a given, but that would be a full-time workload) will earn $360 a week, or about $1,440 a month and $18,720 a year, before taxes. If that worker is a mom with two children, she is below the poverty line. She qualifies for a bevy of federal and state programs like food stamps, rental assistance, child care subsidies, health care for her children, and Medicaid because she is lucky enough to live in a state that agreed to expand that program under obamacare.
To take just one example, this mom could qualify for about $500 in food stamps every month. If her wages go up, her food stamp benefits are reduced by 30 cents for every dollar she makes, until they end completely when her income passes $2,116 a month, which it would more than pass under the new minimum wage. Access to other programs, like child care subsidies, drop off completely as soon as a family earns one dollar too much to qualify.
If the new minimum wage went into effect today, without any changes to any of the safety net programs, this mom might lose all of her benefits except access to medical care for her and her children and the tax credits she gets as a working mom, including those meant for poor workers like the Earned Income Tax Credit.
A liberal’s paradise would be a place
where everybody has guaranteed employment,
free comprehensive healthcare, free education,
free food, free housing, free clothing, free
utilities, and only law enforcement has guns.
And believe it or not, such a place does indeed
already exist: It's called Prison.
And she is the best the lib loons have. How sad. Don't let twits like erazor tell you she was lied to. Being gullible is not a virtue, ya know.
with no end in sight. With trillions of dollars spent and trillions more to follow, we can look at the national debt and thank the lib loons for the fine mess they have caused. Yes, if there is one war that caused the national debt to be what it is, it is the war on poverty.
WASHINGTON – Internal State Department emails in the aftermath of the Benghazi terror attack show then-Secretary of State Hillary Clinton received detailed information indicating the strike was planned by well-trained fighters, yet her office continued to push the narrative days later that it began "spontaneously."
The messages were among 296 emails released Friday by the State Department, in the first batch of emails to be made public from Clinton's tenure as secretary of state. Totaling 896 pages, the emails show a series of Libya dispatches Clinton received from a confidant, as well as the barrage of messages among her and her aides after Sept. 11, 2012.
Those messages depict the rapidly changing understanding of what happened at the U.S. compound that night, and the administration's internal struggle to settle on a public narrative.
Don't tell erazor. He won't believe it.
The bloated federal agency charged with feeding the poor—and eradiating “food insecurity” in the U.S.—blew nearly $7 billion to provide “ineligible recipients” with the welfare benefit and there appears to be no end in sight to the fleecing.
In fact, the agency, the U.S. Department of Agriculture (USDA), has for years violated a measure known as the Improper Payments Elimination and Recovery Act (IPERA) that requires agencies to conduct annual risk assessments to identify programs that make “significant improper payments” of $10 million or more. Not only has the USDA violated IPERA in the last four years, it also refuses to implement a more efficient verification process before doling out benefits by asserting that it would “create barriers for families that need help.”
Last year the USDA made an astounding $6.9 billion of “improper payments,” according to a scathing reportmade public this week by the agency’s inspector general. Two programs accounted for a chunk of the money that was wasted; food stamps, officially known as Supplemental Nutrition Assistance Program (SNAP) to eliminate the stigma of welfare and the National School Lunch Program (NSLP) which cost American taxpayers a whopping $16 billion in 2014. Of the $6.9 billion in fraudulent payments made by the USDA, those two programs accounted for $4.2 billion. Thus, they have been coined “high-risk programs,” according to the USDA watchdog.
The overwhelming majority of improper payments go to provide ineligible recipients with goods or services, the report confirms. This is par for the course at the USDA and the agency seems to have no intention of cleaning up its rolls. In fact, the agency goes out of its way to cover up wrongdoing in four of its most fraud-infested programs. “USDA is noncompliant with the improper payment requirements for a fourth consecutive year,”
TIME ^ | May 22, 2015 | Chris Matthews
Health insurers on many state exchanges are requesting the right to increase premiums by upwards of 50%.
obama’s signature legislative achievement–the healthcare law popularly known as obamacare–is facing a potentially existential fight in the Supreme Court in 2015.
But it’s not just the courts that supporters of the program need to worry about. According to a report published Friday in the The Wall Street Journal, health insurers are requesting the right in many states to increase premiums by upwards of 50%. Health Care Service Corp.–the leading health insurer in New Mexico, has asked state regulators to allow it to increase its premiums on average by 51.6%, for instance. Customers of CareFirst BlueCross BlueShield in Maryland may face an average premium increase of 30.4%.
Insurers will have to submit their premium-hike proposals to their state regulators, and potentially the federal government. Regulators will review the requests, and may deny the insurers requests if rising costs don’t justify premium increases. But big rate hikes could be necessary to prevent insurers from taking a loss...
Hillary’s ‘dead broke’ comments.
Deposited 700K into the slush fund the day after saying she was 'dead broke'.