- Debit Card Fees Are Robbery by Lloyd Constantine
Required reading.
(via adeandabet)
A Universal Repository of Instruction and Amusement!
This is not a Right or Left leaning blog. It is a WAR-BLOG! about Freedoms!
This is the NRA Version of "Latin Inches" Ask me anything
This is not a Right or Left leaning blog. It is a WAR-BLOG! about Freedoms!
This is the NRA Version of "Latin Inches" Ask me anything
October 7, 2011
October 4, 2011
"Women’s earnings grew 44% in real dollars from 1970 to 2007, compared with 6% growth for men."
—
Why men are in trouble - CNN.com
Yet in 2009 females were still making an average of 23% less doing full time work. Gah. I know it’s an opinion piece written by an old conservative white guy but really? Are you kidding me? I should be concerned that men are in trouble? (via katiewashere)
Cry me a river dudes.
(via sarahchristine)
Yeah, it’s gonna be really tough that I’m not going to need to bust my ass to support a woman who can’t find opportunities that aren’t washing my undies. I don’t know how I’m going to make it. Next I’ll bet she’ll want to be on top, woe is me.
(via muppetpants)
Bill Bennett is still alive!!
September 28, 2011
In the year after Obamacare was enacted, health insurance premiums have dropped by a whopping -9%!
That’s a negative percent for every hundred pages of legislation they passed attempting to stop this from happening!
“The Kaiser survey’s researchers estimated that only around 1.5 percentage points of the 9 percent increase was tied to provisions of the federal health care overhaul, which mandated changes to plans, including the addition of children up to the age of 26 to their parents’ plans and an end to out-of-pocket costs for certain preventive-care benefits,” writes The Journal.”
Yes, only one percent of the rise was directly due to Obamacare, but every ounce of it was in spite of Obamacare.
Also, like most of Obombercare isn’t in place yet? no one knows anything.
Well, the question is at what point will prices stop rising? If most of Obamacare isn’t fully enacted until 2017, at the current rate health care costs will have gone up by ~77%. Also, it’s worth noting this 9% increase was well above the ~3% increase which occurred under the entirety of the Bush administration.
..what?
I served on the health benefits open enrollment committee for my college during the Bush era and I can’t recall the last time we weren’t socked with 10% increases, year after year. We’re not atypical. Look at the numbers - health care costs have been inflating faster than the general economy for decades.
It’s accurate to say that the new benefit requirements have added costs - NPR gave an estimate of 2% of the increase. The rest just looks totally at odds with reality.
September 28, 2011
In the year after Obamacare was enacted, health insurance premiums have dropped by a whopping -9%!
That’s a negative percent for every hundred pages of legislation they passed attempting to stop this from happening!
“The Kaiser survey’s researchers estimated that only around 1.5 percentage points of the 9 percent increase was tied to provisions of the federal health care overhaul, which mandated changes to plans, including the addition of children up to the age of 26 to their parents’ plans and an end to out-of-pocket costs for certain preventive-care benefits,” writes The Journal.”
Yes, only one percent of the rise was directly due to Obamacare, but every ounce of it was in spite of Obamacare.
Also, like most of Obombercare isn’t in place yet? no one knows anything.
Well, the question is at what point will prices stop rising? If most of Obamacare isn’t fully enacted until 2017, at the current rate health care costs will have gone up by ~77%. Also, it’s worth noting this 9% increase was well above the ~3% increase which occurred under the entirety of the Bush administration.
I don’t know what numbers they are talking about. I know BC/BS, my insurance company, raised rates in Northern VA by something like 16% in 2008, and they did the same in California by a lot which prompted that huge fight there when the state blocked the rate increase- which sounds way more than 3% or 9% for that matter. I don’t know what numbers they are talking about.
I don’t know what can be attributed to “actual things insurance companies need to have a higher rate to pay for, in re: Obamacare.” I know that my companies forecasting it are expecting to spend a lot more, like $10K an employee/year, and such by 2017 the BRT and Chamber have told me the same thing for their members- so like all businesses.
I don’t think prices ever stop actually going up, but I am pretty sure if insurance premiums only went up 3% over eight years of the Bush administration that would mean that insurance was probably the slowest growing expense for people and businesses, lower than or about inflation, which, like it isn’t.
September 28, 2011
In the year after Obamacare was enacted, health insurance premiums have dropped by a whopping -9%!
That’s a negative percent for every hundred pages of legislation they passed attempting to stop this from happening!
“The Kaiser survey’s researchers estimated that only around 1.5 percentage points of the 9 percent increase was tied to provisions of the federal health care overhaul, which mandated changes to plans, including the addition of children up to the age of 26 to their parents’ plans and an end to out-of-pocket costs for certain preventive-care benefits,” writes The Journal.”
Yes, only one percent of the rise was directly due to Obamacare, but every ounce of it was in spite of Obamacare.
Also, like most of Obombercare isn’t in place yet? no one knows anything.
September 14, 2011
September 1, 2011
Actually a company going out of business says nothing about economic growth. In a growth environment companies go out of business all the time. What matters is how many new companies are founded at the same time. The foundation that funds my research into developmental economics has found that firm creation, rather than firm destruction, is the most reliable and consistent metric by which one can measure economic health.
In that light, the very low rate of new firm creation under Obama is far more worrying than a promising company going out of business, which is just normal economic activity.
It says a lot about the President’s priorities, ability to create jobs and influence on the renewable energy industry—all of which are fucked.
It’s also worth noting the $535 million loan guarantee, which we will now be footing, would be enough to cover the Federal government’s contributions to NPR for 122 years (at current levels). Instead, we just have 1100 people out of a job.
I think it represents a lot of things.
This loan guarantee would probably have been a wise bet if a cap and trade bill was passed (maybe not).
like Muppetpants, the Administration’s energy policy is a poor one that’s designed to make jobs through stimulus. An energy policy should be designed around the most efficient use of resources to power the nation.
To his supporters, loan guarantees to small businesses to make solar panels or wind turbines are smart bets, but without an adequate policy and infrastructure you will just make a bunch of stuff that won’t sell and it will sit in a warehouse until it can be used, if at all. We also have this big problem called China that makes solar panels cheaper.
The administration has been slow to propose high power line construction- because you have to build it through places that people don’t like and usually with the help of local government. and the price tag is a lot, $1.5M a mile or so, especially through places where wind turbines are going to be really effective. $500M for manufacturers is sexier than $500M for high power lines through the Blue Ridge Mountains.
The Administration has also been all about making the grid ‘smart’ (which is going to be necessary to shift power from region to region making wind and solar cost effective) but there has been little movement on it.
(Source: theatlanticwire.com, via fungazi-deactivated20120817)
September 1, 2011
"The true engine of economic growth will always be companies like Solyndra."
— Obama, on a company that declared bankruptcy yesterday. Woops! (via muppetpants)
August 31, 2011
Solar company that received Obama administration backing closes its doors
Ugh, it’s already starting to get ugly.
August 26, 2011
Nate Silver spreading the joy with some numbers:
The numbers do not paint a pretty picture. According the model, a hurricane with windspeeds of about 100 miles per hour — making it a “weak” Category 2 storm — might cause on the order of $35 billion in damage if it were to pass directly over Manhattan. Such a storm would probably flood New York’s subway system as well as acres upon acres of prime real estate in neighborhoods like the East Village, the Financial District, Tribeca, Coney Island, Red Hook, DUMBO, as well as parts of Staten Island and most of the Rockaways.
Read the rest of the article to learn how costly different strength hurricanes would be if they hit directly over NYC.
Happy Friday!
Isn’t $16T a bit much for even the total destruction of Manhattan? I mean, we could still pick up all the money after the fact and give it back to everyone else.
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