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Tuesday, September 24, 2013
What Will ObamaCare Cost You, Beginning on January 1? Do You Know?
You don’t know, do you? I do. It will cost me nothing. I am on
Medicare. It will
cost my wife nothing. She is exempt: Christian Health Care Ministries. But what
about you?
Do you know? Do you know how much higher your premiums will be as a result of
all those
newly covered citizens […] READ MORE
Shutdown: ObamaCare (No) and the Federal Government (No)
The House of Representatives is making a symbolic attempt to shut
down
ObamaCare. The members know that they cannot get this through the Senate. Obama
would veto
it even if they could. Why are they doing this? Because they can. They can let
the voters
back home know that they are taking a stand. They […] READ MORE
Incumbents’ Achilles’ Heel: Their Vote on Congress’s Exemption from
ObamaCare
Congress has voted to cover all health insurance premium increases
of their
staffs, due to ObamaCare. The staffers were going to quit. Some Congressmen and
Senators
argued publicly for an exemption. What will happen to them in November 2014 if
their
opponents use this against them? Maybe nothing, if their opponents in the
primary use […]
READ MORE
Washington Post Article Identifies FED Chairman as #2 in Power
In an article describing the Federal Reserve System, the author
comes to this
conclusion: Oh, you want power rankings? I’d put the Fed chair at the second
most powerful
person in the United States. The president comes first. But consider the
alternatives for
the No. 2 slot: The vice president’s only formal power is to […] READ MORE
Media Begin Orchestrating the Celebration: the FED’s 100th Birthday
We are beginning to see a coordinated media celebration of the
Federal Reserve
System. This is in preparation for the 100th anniversary of its creation just
before the
Christmas holidays in 1913, when the bill was passed by a handful of Senators
and signed
into law within two hours by President Wilson. The Establishment media’s […]
READ MORE
Autonomy of the Federal Reserve Is Praised by Media
With the 100th birthday celebration of the FED coming in late
December, the
media have begun serving as the FED’s “Amen corner.” This Associated Press
article on Janet
Yellen is typical. Her main qualification is said to be her independence of the
President.
WASHINGTON (AP) — Janet Yellen is now the clear front-runner to be […] READ
MORE
Video: Spoofing Apple (and NSA)
This is fun. Trust me. READ MORE
No Taper. Of Course.
The financial media have been hyping the taper since mid-June. As
September 18
drew near, the media were filled with predictions of a taper. As you know by
now, I regarded
the entire thing as nonsense. Bernanke announced no change. So, what else is
new? The Wall
Street Journal announced the news within minutes. The […] READ MORE
The FED Does Not Control the Federal Funds Rate
In an article on the Federal Reserve’s mythical September taper,
which the
financial media invented last June and never challenged, the editors at
Bloomberg wrote
this. How, then, can the Fed give companies the confidence they need to hire
and invest, and
get the market’s mind off tapering? A clue can be found in the […] READ MORE
“Go Fish”: Companies Tell Employees to Find Their Own Health
Insurance Policies
Walgreen’s is the latest firm to drop an in-house health insurance
plan. It will
pay workers a flat rate. Workers will then have to find a decent plan. Workers
will soon
find how slim the pickings are. This may make insurance companies more
competitive. But
there is a huge problem. Large companies got low rates […] READ MORE
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