Obamacare causes pregnant woman to lose coverage for her obstetrician

Susan Estrich writes:

As I walked into the pharmacy, the technician who has kept track of all of my prescriptions for years was on an endless call trying to figure out who is going to deliver her baby and where.

The good news: Her new plan, which fully complies with the Affordable Care Act, provides much more comprehensive coverage and lower co-pays than the one she used to have.

The bad news: Neither the obstetrician who has taken care of her for the past six months nor the hospital where she had planned to give birth are covered by the plan.

Ouch.

Now, this young woman is really good at dealing with insurance companies. It’s what she does all day long — getting prescriptions approved, figuring out why they aren’t being approved, going back and forth with doctors and insurance companies about what they will and will not cover. No neophyte, she.

And as I signaled her that I could wait, that she should finish her conversation, she never lost her cool. Me, I would have been a wreck if someone had told me six months into a pregnancy that the doctor with whom I had developed a close and trusting relationship or the hospital that I had always relied on were no longer on my list, and that my choices — within any reasonable geographic distance — basically came down to six doctors I’d never heard of and a hospital I’d never set foot in.

She was not a wreck. But she wasn’t happy. Who would be? Six months pregnant and interviewing doctors who are themselves overwhelmed because they are, in fact, on so many plans.

April 20, 2014. Tags: , , . Health care, Politics. Leave a comment.

“Confused” Obamacare supporter doesn’t understand why her insurance has been cancelled

The Staten Island Advance reports:

Obamacare confusion abounds on Staten Island

STATEN ISLAND, N.Y. — Alexandra Porto believes in the premise of President Obama’s Affordable Care Act — to provide medical benefits for all Americans.

But when she, along with 13 of her colleagues at the Bloomfield-based Staten Island Economic Development Corporation (SIEDC), received letters stating that their Empire BlueCross/BlueShield health plan will be canceled, she started to have second thoughts about what is commonly referred to as Obamacare.

“The letter said Blue Cross/Blue Shield will be ending our current policy, and it will be replaced with a new policy. It said new premium rates will take effect April 1,” said Ms. Porto, vice president of membership and outreach at the SIEDC.

“The problem is we don’t know what the new policy is or what the new premium rates will be, and we are being told by Empire BlueCross/BlueShield that we won’t have that information until Jan. 1,” she added.

And the folks at the SIEDC aren’t alone.

Ms. Porto said at least 13 SIEDC members — all small business owners with less than 50 employees on Staten Island — were informed that the health plans for their employees have been canceled.

 

April 20, 2014. Tags: , , . Health care, Politics. 1 comment.

Obamacare causes New York City brain surgery patient to lose all her doctors and anti-pain medications

The Staten Island Advance reports:

STATEN ISLAND, N.Y. — After receiving her new health coverage in January through the New York State of Health Marketplace, Arden Heights resident Margaret Figueroa, 49, who suffers from two chronic illnesses, went to her pharmacy to fill her prescriptions.

Although her insurance company, EmblemHealth, assured her she was covered, her insurance card was denied.

While she had signed up for new health coverage — because her insurance carrier dropped her old plan — the company’s internal paperwork apparently wasn’t filed.

She also learned that all her long-time doctors didn’t accept the new insurance plan.

For Ms. Figueroa, who suffers from a rare neurological disease called Arnold Chiari Malformation and Syringomyelia, this has led to three months of excruciating pain, withdrawal symptoms and immobility.

“It’s hard,” said Ms. Figueroa, through her tears Wednesday at a press conference at Rep. Michael Grimm’s (R-Staten Island/Brooklyn) New Dorp office.

“I have been in pain. I’ve been vomiting. I lost 22 pounds. The pain is unbearable. My medication helps me function during the day,” added Ms. Figueroa, who has undergone four brain surgeries for her conditions, which require her to take numerous amounts of medication.

After intervention by Grimm’s office, Ms. Figueroa was able to obtain some of her prescriptions on April 1 for which she had refills.

She takes five different medications several times per day, like morphine for the chronic pain and other medications to help slow the affects of her nerve damage.

But some of her prescriptions had no refills, forcing her to go without them for three months.

And Ms. Figueroa can’t find a doctor who participates in her new plan to write new prescriptions, give her referrals for pain management care, or treat her for her illnesses.

“Even though the insurance company cashed your check, it doesn’t mean it (the policy) has been implemented,” said Grimm.

“That’s the problem — that the back end of Obamacare hasn’t been fully built. You can go on the front end of an application and look at a list of plans, but what they don’t tell you is that many of those plans don’t have doctors yet.”

Ms. Figueroa said only six doctors in the borough accept her new health plan, and she has yet to be able to get an appointment with one.

Grimm says he’s dealt with at least one dozen Staten Islanders who have had similar issues as Ms. Figueroa after signing up for healthcare via the NY State of Health Marketplace.

“We didn’t solve anything (with Obamacare), all we did was destroy a good thing,” said Grimm. “Obamacare wasn’t ready for prime time.”

April 20, 2014. Tags: , , . Health care, Politics. Leave a comment.

Obamacare forces Los Angeles family to buy dental insurance that covers zero dentists within 100 mile radius

Scot Vorse lives in Los Angeles, California. He writes:

I noticed in my new Anthem monthly premium under Obamacare that I was required to pay a separate monthly charge for dental insurance for my two teenage children (I also have to pay the monthly charge even though I don’t receive the benefits, but that is a different issue). This dental plan was assigned to me and not my particular choice.

Today, it is time to take my kids in for their six-month cleaning, so I checked to see if their dentist is covered under my plan. They are not. OK – there are other dentists. Let’s see about within five miles of my house. Nope – not a single one. Within ten? Nope. Within 20? Nope. Within 50? Nope. Finally, what about within 100 miles? Nope. What is even worse is that the Anthem search feature doesn’t expand past 100 miles. I don’t know if there is any dentist in California that accepts my plan.

Perhaps if I fly to Sacramento or Modesto I can find a dentist that accepts my mandatory-policy kids. I wonder if, after the cost of airfare, a teeth cleaning will still be “affordable.”

Mr. Vorse also included the following screencap, which shows that when he searched for an Obamacare dentist within 100 miles, the results said that there were zero Obamacare dentists within that 100 mile radius:

no obamacare dentists within 100 miles

April 20, 2014. Tags: , , , , . Health care, Politics. Leave a comment.

Obama voters in San Francsico area complain that Obamacare does not actually give them access to a doctor

Mountain View, California, is part of the San Francisco area, where Obama won both elections by a huge percentage. Obama voters in this area are complaining that Obamacare does not actually give them access to a doctor. KPIX, the CBS affiliate of San Francsco, reports:

Some Covered California Patients Say They Can’t See A Doctor

MOUNTAIN VIEW (KPIX 5) – While open enrollment for coverage under the Affordable Care Act is closed, many of the newly insured are finding they can’t find doctors, landing them into a state described as “medical homelessness.”

Rotacare, a free clinic for the uninsured in Mountain View, is dealing with the problem firsthand.

Mirella Nguyen works at the clinic said staffers dutifully helped uninsured clients sign up for Obamacare so they would no longer need the free clinic.

But months later, the clinic’s former patients are coming back to the clinic begging for help. “They’re coming back to us now and saying I can’t find a doctor, “said Nguyen.

Thinn Ong was thrilled to qualify for a subsidy on the health care exchange. She is paying $200 a month in premiums. But the single mother of two is asking, what for?

“Yeah, I sign it. I got it. But where’s my doctor? Who’s my doctor? I don’t know,” said a frustrated Ong.

Nguyen said the newly insured patients checked the physicians’ lists they were provided and were told they weren’t accepting new patients or they did not participate in the plan.

And Nguyen says – while the free clinic isn’t technically supposed to be treating former patents they signed up for insurance, they can’t in good faith turn them away.

Dr. Kevin Grumbach of UCSF called the phenomenon “medical homelessness,” where patients are caught adrift in a system woefully short of primary care doctors.

Those who can’t find a doctor are supposed to lodge a complaint with state regulators, who have been denying the existence of a doctor shortage for months.

Meanwhile, the sick and insured can’t get appointments.

“What good is coverage if you can’t use it?” Nguyen said.

 

April 20, 2014. Tags: , , , , , . Health care, Politics. 2 comments.

650 reasons why I’m sooo glad I didn’t vote for Obama

I’ve updated my list of Obama criticisms. The list can be found at http://danfromsquirrelhill.wordpress.com/2013/08/15/obama-252/

April 14, 2014. Tags: , , , , , , , , , , , , , , , . Barack Obama, Politics. 1 comment.

Obama secretly gave military equipment to Russia after Russia invaded Ukraine

Judicial Watch reports that the Obama administration had secretly given military equipment to Russia after Russia invaded Ukraine.

I wonder what makes Obama’s supporters happier -  the fact that he gave Russia this military aid after it invaded Ukraine, or the fact that he kept it a secret.

Of course if a Republican president did this, the so-called “peace activists” and “anti-war activists” would be livid with protest. But since Obama is a Democrat, they don’t mind at all. I’m sure they’d happily elect him for a third term if he wasn’t term limited by the Constitution.

April 13, 2014. Tags: , , , , , . Barack Obama, Military, Politics. 2 comments.

It took the government two years and 30 trials to fire a court stenographer who typed gibberish instead of actual transcripts

Here’s a great example of how difficult it is for incompetent government employees to get fired. For at least two years, and for at least 30 trials, this court stenographer did not do his job properly, but was still able to remain employed.

I can’t imagine someone in the private sector keeping their job for even one day after doing something like this.

Retrying these 30 court cases could easily run into millions of dollars.

Why doesn’t the government make audio recordings of these trials?

The New York Post reports:

Rogue alcoholic court reporter kept writing ‘I hate my job’

An alcoholic Manhattan court stenographer went rogue, channeling his inner “Shining” during a high-profile criminal trial and repeatedly typing, “I hate my job, I hate my job” instead of the trial dialogue…

The bizarre antics by Daniel Kochanski, who has since been fired, wreaked havoc on some 30 Manhattan court cases, sources said, and now officials are scrambling to repair the damage.

One high-level source said his “gibberish” typing may have jeopardized hard-won convictions…

Kochanski’s botched transcripts include the 2010 mortgage-fraud trial of Aaron Hand, who was also convicted of trying to hire a hit man to take out a witness against him.

A source familiar with the case said Kochanski’s transcripts of that trial were a total mess.

“It should have been questions and answers — instead it was gibberish,” the source said.

And in a scene right out of 1980’s “The Shining,” where Jack Nicholson’s off-the-rails writer repeatedly types “All work and no play makes Jack a dull boy,” a source said of Kochanski: “He hit random keys or wrote, ‘I hate my job. I hate my job. I hate my job,’ over and over.”

April 3, 2014. Tags: , , , . Government waste, Politics. 1 comment.

Judge Jan Jurden gives probation instead of jail to rich guy who raped his own three year old daughter

I’m not sure who is more evil in this case – the guy who raped his own dauther, or the judge who refused to put him in jail.

Huffington Post reports:

One Percenter Convicted Of Raping Child Dodges Jail Because He ‘Will Not Fare Well’

A Delaware man convicted of raping his three-year-old daughter only faced probation after a state Superior Court judge ruled he “will not fare well” in prison.

In her decision, Judge Jan Jurden suggested Robert H. Richards IV would benefit more from treatment. Richards, who was charged with fourth-degree rape in 2009, is an unemployed heir living off his trust fund.

Richards is the great grandson of du Pont family patriarch Irenee du Pont, a chemical baron.

… he admitted to assaulting his infant son in addition to his daughter between 2005 and 2007. Richards was initially indicted on two counts of second-degree child rape, felonies that translate to a 10-year mandatory jail sentence per count.

Richards hired one of the state’s top law firms and was offered a plea deal of one count of fourth-degree rape charges — which carries no mandatory minimum prison sentencing. He accepted, and admitted to the assault.

In her sentence, Jurden said he would benefit from participating in a sex offenders rehabilitation program rather than serving prison time.

 

April 3, 2014. Tags: , , , , , , , , . Politics, Violent crime. 6 comments.

Unite Here says Obamacare “threatens the middle class with higher premiums, loss of hours, and a shift to part-time work and less comprehensive coverage.”

Unite Here is a union that represents 300,000 employees in the hotel and restaurant industries. It supported Obama in both elections.

In March 2014, Unite Here said:

“If employers follow the incentives in the law, they will push families onto the exchanges to buy coverage. This will force low-wage service industry employees to spend $2.00, $3.00 or even $5.00 an hour of their pay to buy similar coverage.”

“… the ACA threatens the middle class with higher premiums, loss of hours, and a shift to part-time work and less comprehensive coverage.”

“Obamacare will cost our members the equivalent of a significant pay cut to keep their hard-won benefits.”

“… it will inevitably lead to the destruction of the health care plans we were promised we could keep.”

April 1, 2014. Tags: , , , , . Health care, Politics, Unions. 1 comment.

Doctor who survived breast cancer says “Under Obamacare, I’d be dead.”

Dr. Katherine Albrecht lives in Nashua, New Hampshire. After she was diagnosed with breast cancer, doctors at her local hospital told her there was nothing they could do for her. So, she went to experts at the Dana Farber Cancer Center in Boston, Massachusettes, who saved her life. She later received follow up care at Cornell Breast Cancer Center in New York City. Her insurance paid for her treatment at both of these out-of-state facilities.

Afterward, her insurance policy was canceled, because it did not meet Obamacare’s minimum requirements.

Her new, Obamacare-compliant policy does not cover treatment in Boston, New York, or any other out-of-state medical facility.

She said of this:

“Under Obamacare, I’d be dead.”

 

 

April 1, 2014. Tags: , , . Health care, Politics. Leave a comment.

619 reasons why I’m sooo glad I didn’t vote for Obama

I’ve updated my list of Obama criticisms. The list can be found at http://danfromsquirrelhill.wordpress.com/2013/08/15/obama-252/

March 29, 2014. Tags: , , , , , , , , , , , , , , , . Barack Obama, Politics. Leave a comment.

26% of Americans support Obamacare, don’t know earth goes around sun

Associated Press has just reported that the Obamacare approval rating is 26%.

Last month, Time magazine reported that 26% of Americans don’t know that the earth goes around the sun.

 

 

March 28, 2014. Tags: , , . Health care, Politics, Science. 13 comments.

Obama orders high school to undo improvements that parents made to bleachers

Uh uh. Too many parents decided to do something to improve the bleachers at their children’s school. Better cancel the improvements, and bring things back to the lowest common denominator. Who needs improvements anyway?

The Daily Caller Reports:

Equality! DOJ says boys’ baseball field is nicer than girls’ field, must die

The U.S. Department of Justice determined that a Michigan high school broke federal civil rights law by allowing its boys’ baseball team to fix up its athletic field, making it nicer than the field belonging to the girls’ softball team–even though the improvements were paid for privately.

To avoid a fine, Plymouth Canton Community Schools had no choice but to take down the new bleachers and scoreboard, which had been paid for through a private fundraising drive.

Six years ago, parents complained that the seating at boys’ baseball games was inadequate.

“It’s hard to watch the game through the black chain link face, so we created our seating deck to sit above,” said parent Dan Gilbert in an interview with FOX 2 news.

Gilbert and other parents installed and paid for the new seats themselves. They were put in years ago. The parents also bought a new scoreboard.

March 28, 2014. Tags: , , , , , , , . Barack Obama, Education, Political correctness, Politics, Sexism, Sports, War against achievement. 9 comments.

Obamacare author says it will cause most employers to stop offering insurance

Before Obamacare was passed, Obama said:

“No matter how we reform health care, we will keep this promise to the American people… If you like your health care plan, you’ll be able to keep your health care plan, period. No one will take it away, no matter what.”

A video of Obama making this promise more than 20 different times can be seen at https://www.youtube.com/watch?v=JCUpJDzyRnY

However, just now – four years after Obama signed Obamacare, and more than a year after the 2012 election, the New York Times is reporting that one of the authors of Obamacare is saying that it will cause most employers to stop offering insurance. The New York Times reports:

Why Employers Will Stop Offering Health Insurance

March 26, 2014

Here’s a prediction: By 2025, “fewer than 20 percent of workers in the private sector will receive traditional employer-sponsored health insurance.” The source of this claim? Dr. Ezekiel J. Emanuel, in his just-published book, “Reinventing American Health Care.”

Dr. Emanuel is an accomplished oncologist, medical ethicist and academic (and contributing opinion writer to The New York Times). And, of course, he’s no stranger to politics: He helped craft the Affordable Care Act as a health policy adviser to the Obama administration, when his brother, Rahm, now the mayor of Chicago, was chief of staff.

… he argues, the so-called Cadillac tax on especially generous health plans, set to take effect in 2018, will help pave the way by discouraging companies from offering those plans.

This is typical of the sneaky, underhanded, lying Obama and his entire administration. In order to get a law passed, and in order to get elected, Obama lies about what he will do in the future. Then in the future, only after the legislation has passed, and only after Obama has won the election, do we find out the truth.

It’s also typical of the biased, Obama supporting, mainstream media, which refused to analyze the Obamacare legislation to discover this information on their own.  If the New York Times had done its job properly, they would have had their legal experts read and analyze the Obamacare legislation four years ago, and would have reported at that time that it would cause most employers to stop offering insurance. But the New York Times did not do its job. Instead, they allowed Obama to go unchallenged in his repeated lies that people could keep their insurance. And now that the New York Times is finally reporting this information, it’s too late for anyone to do anything about it – Obamacare has already passed, and Obama has already run in as many elections as he is allowed.

 

March 26, 2014. Tags: , , , , . Barack Obama, Health care, Politics. 3 comments.

Senator Rand Paul Speaks at U.C. Berkeley Forum

http://www.youtube.com/watch?v=8vFhXpfEfQg

March 20, 2014. Tags: , . Politics. 1 comment.

Video: young lady who voted for Obama burns her Obama t-shirt in protest of Obama’s policies

https://www.youtube.com/watch?v=VIMnIh10po0

March 18, 2014. Tags: , , . Barack Obama, Politics. 2 comments.

SEIU, NAACP, and other left wing groups protest Koch brothers’ $100 million donation to hospital

In the past, donations from the Koch brothers were used to fund the invention of a cancer drug called Yervoy, which has saved the lives of cancer patients.

Now, the SEIU, the NAACP, the Working Families Party, and other left wing organizations are protesting against the Koch brothers’ recent $100 million donation to New York-Presbyterian Hospital. You can read about this absurd protest, and see pictures of it, here, here, and here.

March 17, 2014. Tags: , , , , , , . Health care, Politics, Unions. 3 comments.

Mathematical illiterates are celebrating New York City’s new 1.6 MW solar power project

AFP reports:

On a rooftop in the Bronx far from the skyscrapers of Manhattan, 4,760 panels soak up the winter rays. Welcome to the solar power boom in New York state.

Robert Kline, director of commercial sales for the Ross Solar Group that installed the panels, is delighted.

“It is the largest (solar) installation in the history of New York City,” he tells AFP.

The 1.6-megawatt installation on the Jetro Cash and Carry has been proudly singled out by New York governor Andrew Cuomo as a prime example of a drive to haul the state into a new dawn.

I’m not disputing the claim that this is “the largest solar installation in the history of New York City.”

However, I am disputing the claim that his is a “boom” for solar power.

The Ravenswood Generating Station is one of many power plants that provides electricity for New York. It makes its electricity by burning fossil fuels, and it produces 2,410 MW.

If we wanted to replace this one fossil fuel power plant with solar power, it would require building more than 1,500 additional solar power projects of the same size as “the largest solar installation in the history of New York City.”

If this solar power plant is a “boom,” it would take more than 1,500 additional “booms” just to be able to shut down this one fossil fuel power plant.

And even that grossly understates the situation, because the claimed power rating for those solar panels is only applicable when the sun is directly overhead, and there are no clouds.

If the sun isn’t directly overhead, its power output would be less than the rated maximum.

If the sky was cloudy, its power output would be less than the rated maximum.

And if it was night, its power output would be zero.

The solar power plant would have to have a backup power source, and that backup power source would almost certainly be… something that burned fossil fuels.

If there is ever a solar power plant in New York that uses batteries to store its sun-derived energy for use at night, and is able to reliably and continuously produce at least 1,000 MW of electricity at any and all times of the day or night, then that would indeed be a “boom” for solar power in New York.

March 16, 2014. Tags: , , , , , , , . Environmentalism, Math, Politics. 4 comments.

Obama illegally gives unions an exemption from Obamacare’s “reinsurance” tax

Obamacare includes a so-called “reinsurance” tax.

In March 2014, Obama gave unions an exemption from this tax.

This was illegal for two reasons.

First, Obama made this change without approval from Congress.

And second, the Constitution requires that laws apply equally to everyone.

March 16, 2014. Tags: , , , , , . Barack Obama, Health care, Politics, Unions. Leave a comment.

Obama gave Oregon $304 million to build its defective Obamacare website that enrolled zero people

Obama gave Oregon $304 million to build its defective Obamacare website. As of February 28, 2014, exactly zero people had signed up at Oregon’s Obamacare website.

I am not at all, in any way, surprised by this.

Given all of the many, many, many other things that Obama has done, I actually expect things like this to happen.

What I don’t expect is for Obama to do anything about it. Sure, he may pay lip service, and pretend to get all angry and upset. But in the end, he won’t ask for the money back, he won’t fire anyone, and he won’t prosecute anyone for fraud.

March 16, 2014. Tags: , , , , , . Barack Obama, Government waste, Health care, Politics. Leave a comment.

A convicted terrorist who murdered two people was hired as an Obamacare “navigator” because Obama thinks background checks are “racist”

In Israel, Rasmieh Yousef Odeh was convicted of putting a bomb in a box of candy on a grocery store shelf, which killed two people. In 2013, she was hired as an Obamacare “navigator.”

Although Obamacare “navigators” have access to people’s personal, private, and financial information, they are not subject to federal background checks, because Obama considers background checks to be “racist.” Some Obamacare “navigators” had been previously convicted of forgery.

The Obama administration accused Pepsico of “race discrimination” because it used criminal background checks to screen out job applicants.

The Obama administration filed lawsuits against Dollar General and BMW for using criminal background checks to screen employees. The Obama administration claimed that such background checks were “racist.”

The Obama administration accused fire and police departments in Jacksonville, Florida, New York City, and Dayton, Ohio of “racial discrimination” because they required potential firefighters and police officers to take a written test. Ten real examples of these “racist” questions from the New York test can be read here.

In order to do their job effectively, U.S. marines must be strong enough to carry their wounded comrades off the battlefield. But Commander-in-Chief Obama considers this requirement to be “sexist,” so he eliminated it.

March 12, 2014. Tags: , , , , , , , . Barack Obama, Health care, Politics, Racism. 3 comments.

608 reasons why I’m sooo glad I didn’t vote for Obama

I’ve updated my list of Obama criticisms. The list can be found at http://danfromsquirrelhill.wordpress.com/2013/08/15/obama-252/

March 11, 2014. Tags: , , , , , , , , , , , , , , , . Barack Obama, Politics. Leave a comment.

New York Times and Ralph Nader criticize Obama for illegally seizing private property and violating disclosure laws

The New York Times and Ralph Nader have recently criticized President Obama for illegally seizing assets from shareholders of Fannie Mae and Freddie Mac, and for illegally avoiding disclosing this information to shareholders.

The fifth amendment requires that compensation be given for such seizures, but Obama did not do this.

Federal disclosure laws require that shareholders be informed of this information immediately, but Obama waited more than three years to tell them.

Neither of these actions by Obama surprises me one bit. These things are consistent with his many, many, many other illegal activities. He has no respect for the rule of law, the constitution, private property, or individual liberty.

The New York Times reports:

Would you buy stock in a company that barred you from sharing in its future earnings? Of course not. Participating in the upside is what stock ownership is all about.

And yet, as of December 2010, holders of Fannie Mae and Freddie Mac common stock were subject to such a restriction by the United States government. They didn’t know it at the time, though, because the policy was not disclosed.

This month, an internal United States Treasury memo that outlined this restriction came up at a forum in Washington.

The memo was addressed to Timothy F. Geithner, then the Treasury secretary, from Jeffrey A. Goldstein, then the under secretary for domestic finance. In discussing Fannie and Freddie, the beleaguered government-sponsored enterprises rescued by taxpayers in September 2008, the memo referred to “the administration’s commitment to ensure existing common equity holders will not have access to any positive earnings from the G.S.E.’s in the future.”

The memo, which was produced in a lawsuit filed by Fannie and Freddie shareholders, was dated Dec. 20, 2010. Securities laws require material information — that is, information that might affect an investor’s view of a company — to be disclosed. That the government would deny a company’s shareholders all its profits certainly seems material, but the existence of this policy cannot be found in the financial filings of Fannie Mae. Neither have the Treasury’s discussions about the future of the two finance giants mentioned the administration’s commitment to shut common stockholders out of future earnings.

Ralph Nader wrote:

“What legal authority does the Administration have, as this section of the memo intimates, to completely wipe out shareholders — even after taxpayers have been repaid (as is likely to happen soon)?”

“Contrary to this statement, neither the memo — nor Treasury’s actions by unilaterally amending the PSPAs — leaves one with the impression that this point in the memo is meant to highlight the importance of repaying the taxpayers. It seems to be setting a precedent for using and abusing the GSEs’ shareholders.”

“Taxpayers should recoup their investment in the GSEs; but the Administration does not have to wipe out shareholders in order for this to happen.”

“This need not be an issue of choosing taxpayers over shareholders. The federal government has similarly recouped taxpayer money used to bailout other corporations (A.I.G., Citigroup, etc.) involved in the financial collapse, but has allowed the shareholders of those companies to share in their recovery. The same should be the case with the GSEs.”

March 11, 2014. Tags: , , , , , . Barack Obama, Communism, Politics. 3 comments.

We can add Seth Rogan to the list of famous Canadians who look to the U.S. instead of Canada when it comes to health care

When Robert Bourassa, the premier of Quebec, Canada, needed cancer treatment, he came to the United States and paid for his health care with his own money.

And when Canadian Liberal MP Belinda Stronach needed cancer treatment, she also came to the United States and paid for her health care with her own money.

And when Newfoundland and Labrador Premier Danny Williams needed heart surgery, he, too, came to the United States and paid for his health care with his own money.

And now, we can add actor Seth Rogan to the list of famous Canadians who look to the U.S. instead of Canada when it comes to health care. The Wall St. Journal reports:

Mr. Rogen’s mother-in-law suffers from early-onset Alzheimer’s, and he set up an Alzheimer’s disease charity. He was in town to testify in front of a Senate Appropriation subcommittee on the disease and and give an emotional appeal for more funding for research — while also featuring some lighter material.

March 1, 2014. Tags: , , , , . Health care, Politics. 3 comments.

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