Tag: bankruptcy

In his weekly radio address today, President Obama called for new taxes and increased spending.

8:51 am

Broken record: In his weekly radio address today, President Obama called for new taxes and increased spending.

It is always the same. No matter what happens, Obama calls for more spending and higher taxes. It seems quite unimaginative on his part to never propose some other ideas for solving the federal deficit and the government’s other problems.

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A new poll, taken by a liberal poll company, finds that Democratic incumbents took a much bigger hit than Republican incumbents after the government shutdown.

11:02 am

A new poll, taken by a liberal poll company, finds that Democratic incumbents took a much bigger hit than Republican incumbents after the government shutdown.

As I’ve said repeatedly, the shutdown was a team effort of both parties, that occurred because of their disagreement over Obamacare. The spin has said the Republicans lost big. The evidences says otherwise.

Also, this poll was taken before the most recent disasters relating to Obamacare became public knowledge. I suspect the numbers will worsen for Democrats in subsequent polls.

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The president and the Democrats lied us into a bad law.

9:19 pm

“The president and the Democrats lied us into a bad law.”

The Right opposed the law on principle. A single party — the Democrats — own this law in a way that no party has had complete ownership of any major social legislation in a century. They bought this legislation with deceit and the GOP said so. Now that it is going into effect, the facts on the ground are confirming that deceit. Moreover, the same haughty condescending bureaucrats and politicians who told us they were smart enough and tech-savvy enough to do just about anything are being exposed as incompetent political hacks.

And remember: This same President and those same Democrats re-affirmed their support of Obamacare less than one month ago by insisting on shutting the government down rather than agree to even the slightest revision of this disaster of a law.

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Unnamed healthcare officials admit that the Obama administration specifically wrote the Obamacare regulations so that millions would have to lose their healthcare plan.

7:35 pm

He lied: Unnamed healthcare officials admit that the Obama administration specifically wrote the Obamacare regulations so that millions would have to lose their healthcare plan.

Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”

That means the administration knew that more than 40 to 67 percent of those in the individual market would not be able to keep their plans, even if they liked them.

Yet President Obama, who had promised in 2009, “if you like your health plan, you will be able to keep your health plan,” was still saying in 2012, “If [you] already have health insurance, you will keep your health insurance.”

These regulations were written in the executive branch, which is the complete responsibility of Obama. So, the agency he controls wrote regulations they knew would force the cancellation of millions of healthcare plans, and Obama went around the country lying about it. It is as simple as that.

But remember! Obama and the Democrats forced a government shutdown so Obamacare would go into effect now. Shouldn’t we all be grateful?

Update: The quote above is from the original version of the story. The article itself disappeared from the web on Monday night and then reappeared at a new url (which I have linked to above) with some changes to some paragraphs, none of which did much to change the essential content.

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Half a million Californians to lose their health insurance because of Obamacare.

5:19 pm

Half a million Californians to lose their health insurance because of Obamacare.

We are learning now that Obamacare was very specifically designed to eliminate many health insurance plans, especially the ones that cost less and provided fewer benefits (the kinds of plans that young, healthy people prefer). Considering the blatant promise by Obama, repeated over and over again before Obamacare was passed, that if people liked their plan they would get to keep it, these appalling numbers and the fact that Obamacare is very clearly designed to eliminate these low-cost plans, Obama either knew his statement was an outright lie, or he is truly one of the most incompetent presidents ever.

In the first case he was dishonest and corrupt, intending to force a change that people did not want. In the second, Obama was pushing for the passage of a law to which he literally had no understanding. I’m not sure which is worse.

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Data from the Census Bureau reveals that in 2011 the number of people working full time was outnumbered by those getting government aid.

9:40 am

The day of reckoning looms: Data from the Census Bureau reveals that in 2011 the number of people working full time was outnumbered by those getting government aid.

Many of those getting aid according to these numbers could also be full time workers. Nonetheless, the data is stark and depressing, as it illustrates how American culture has declined. Once it was considered shameful to be “on the dole.” Now everybody does it. You can’t have a robust healthy society under those conditions.

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Even when they admit that Obamacare isn’t working, liberals still refuse to recognize that they are now agreeing with Ted Cruz.

9:27 am

Leftwing bigotry: Even when they admit that Obamacare isn’t working, liberals still refuse to recognize that they are now agreeing with Ted Cruz.

I call it bigotry because that is what it is. No matter what you say to these types of liberals, no matter what they experience or conclude, they remain incapable of considering the possibility that a conservative or Republican might have the right idea. Instead, they believe that conservatives or Republicans must be opposed at all costs because conservatives or Republicans must be evil and wrong.

And such close-mindedness is nothing short of downright bigotry.

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Progressives made their beds; it’s time they lay in it.

8:41 am

Progressives made their beds; it’s time they lay in it.

In short: Obamacare is a massive wealth “spreading” from the young and struggling to the old and well off. Add to that Obamacare’s devastating impact on the economy and part-timing of the American workforce, and you can almost see the train flying off the rails.

There will be attempts at bi-partisan “fixes” to some of the more visible problems caused by Obamacare. Republicans and Democrats have been working together to delay or repeal the medical device tax and change the definition of a full-time employee back to 40 hours per week from Obamacare’s 30 – to name just two.

Republicans must resist the urge to help with these “fixes.” We just spent a month being lectured by arrogant know-it-alls about how Obamacare is “settled law.” So keep it settled. Obamacare is failing already, and it will continue to fail in more spectacular ways as we move forward, let it.

Democrats wrote the bill, Democrats voted for the bill, a Democrat president signed it into law. It’s theirs. Make them live with it. As is. [emphasis in original]

I would add that Democrats just re-endorsed the law aggressively during the government shutdown battle. Rather than revise it by the smallest amount, they insisted instead on shutting down the government to defend it.

When the 2014 elections roll around, the responsibility for this Obamacare disaster must fall on the perpetrators of that disaster: The Democrat Party and President Obama.

In related news: Thousands get health insurance cancellation notices. Actually, that’s “Hundreds of thousands,” but who’s counting?

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A long and detailed assessment of the present technical problems of the Obamacare exchange website.

9:41 pm

A long and detailed assessment of the present technical problems of the Obamacare exchange website.

It is worth the long read. The author appears to have asked the right questions of a lot of the right people, and appears to have approached the issue honestly. Key quote:

In a couple of ways, then, the severe user-interface problems at the front end of the federal exchange has actually had some advantages from CMS’s point of view, because by keeping enrollment volume low it has kept some other huge problems from becoming instantly uncontrollable.

But that low volume is mostly a very bad thing for Obamacare, of course, since the viability of the exchanges depends on a certain size and demographic mix which cannot be attained unless these problems are resolved very quickly. I couldn’t get enrollment numbers from any of the people I spoke with, but I was told that the uptake model that HHS built (using CBO projections) to predict how the exchanges would work made a low-end estimate that just under half a million people would enroll nationwide by October 31st, and that enrollment would then accelerate dramatically between November 15 and December 30th. The October 31 target, which was thought to be modest, now looks essentially impossible to reach, but their bigger worry is that period in November and December.

If the problems now plaguing the system are not resolved by mid-November and the flow of enrollments at that point looks like it does now, the prospects for the first year of the exchanges will be in very grave jeopardy.

As I said, read the whole thing. Whether you support or oppose Obamacare, this article appears to give an honest appraisal of the present situation, which is not good.

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Cygnus will be de-orbited one day early, on October 23.

8:24 am

Cygnus will be de-orbited one day early, on October 23.

At the same time, preparations move forward for the second Cygnus flight in December, which will be the first operational flight. This quote is interesting:

Neither Orbital nor the Virginia Commercial Space Flight Authority got locked out of the Mid-Atlantic Regional Spaceport as a result of the shutdown, meaning that preparations for the tentative December launch continued while more than 95 percent of NASA’s roughly 18,000 civil servants were on furlough.

Suggests again how unessential a good percentage of NASA’s employees really are. They might be great engineers, but they are apparently wasting their talents at NASA doing unnecessary make-work.

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The Senate budget deal that the House will vote on today includes some really nice pork.

4:48 pm

The Senate budget deal that the House will vote on today includes some really nice pork.

The bill includes extra funds to fix flooded roads in Colorado, a $3 million appropriation for a civil liberties oversight board and a one-time payment to the widow of Sen. Frank Lautenberg (D-N.J.), who died over the summer. It also includes a more than $2 billion increase in funding for construction on the lower Ohio River in Illinois and Kentucky. Current law authorizes $775 million in spending for related projects, and the bill increases it to $2.918 billion.

The last appears to be a kickback to Mitch McConnell (R-Kentucky) to get him to buy into this crap.

The bill also has this crap:

The legislation broadly re-opens the government through Jan. 15, and extends the ability of the government to borrow money through Feb. 7. It does so by allowing President Obama to waive the debt ceiling, a move that can be overridden by a resolution of disapproval by Congress that Obama could still veto. [emphasis mine]

In other words, Congress is now ceding this budgetary responsibility and power to the President, who will then rule by decree.

Update: The bill passed both houses of Congress and has now been signed by the President. Note that the only opposition came from Republicans, but even here the opposition was a minority. The Democrats strongly endorsed this bill, and for good reason. It gives them (and the Republicans who supported it) lots of pork and greater power for Obama. Americans meanwhile are screwed. The day of reckoning still looms.

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Chase Bank has told its business customers that there is now a limit on the amount that can be withdrawn from an account, while also banning all international wire transfers.

11:56 am

WTF? Chase Bank has told its business customers that they are placing a limit on the amount that can be withdrawn from an account, while also banning all international wire transfers.

If I had a Chase account, I would close it today, immediately, before these restrictions go into place.

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“I wanted the Affordable Health Care Act. The problem is, is it’s not affordable,”

9:24 pm

An Obama supporter finds out what’s in it: “I wanted the Affordable Health Care Act. The problem is, is it’s not affordable.”

I would laugh except that I am crying. Moreover, the article is from a San Francisco media outlet, which is as surprised as this Obama supporter at the cost of Obamacare. Too bad these liberals all considered conservatives and tea party people terrorists, murderers, and hate-filled killers of small children and therefore not worth listening to back in 2009. Had they listened, they would have found out about the unworkable nature of this law then, instead of now, and the law would never have been passed.

They should maybe consider this reality and recognize that this is why there are Republicans putting up a fight now to delay or defund the law.

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No budget deal: The Democrats continue to refuse to give in at all, and the bulk of the Republican caucus has shown some spine and refused to cave.

5:42 pm

Well hallelujah and amen! No budget deal: The Democrats continue to refuse to give in at all, and the Republicans have shown some spine and refused to cave.

This deadlock has been a team effort, from both sides. To say it is entirely the fault of one party or the other is to reveal your partisanship.

Nonetheless, legislation requires negotiation, and the only ones refusing to negotiate at all have been the Democrats. In the real world outside of government, such pig-headedness always results in no deal at all.

Right now it looks like 17% of the government will remain shut for quite awhile. And with the debt ceiling kicking in, the federal government will find its hands tied even more. The American people are about to find out that life will go on quite successfully without their big daddy to boss them around.

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The Obamacare website — that doesn’t work and probably never will — was originally supposed to cost $93.7 million and ended up costing more than six times more, $634 million.

6:42 am

Government marches on! The Obamacare website — that doesn’t work and probably never will — was originally supposed to cost $93.7 million and ended up costing more than six times more, $634 million.

Gee, this is almost as good as the James Webb Space Telescope, which is probably going to end up cost nine times more than originally budgeted.

And obviously, this disaster must be the fault of either George Bush or the tea party!

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The Obama administration has ordered 1100 square miles of open ocean off limits to private fisherman and tourists because of the government shutdown.

6:05 am

Shutdown fascism: The Obama administration has ordered 1100 square miles of open ocean off limits to private fisherman and tourists because of the government shutdown.

The article above also has a link to a story where voluntary unpaid Catholic priests have been told by the Obama administration that they will face arrest if they try to serve mass at military chapels or minister to military personnel during the shutdown.

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The Treasury Inspector General has found that the IRS cannot account for $67 million of Obamacare funds.

3:06 pm

We’ve only just begun: The Treasury Inspector General has found that the IRS cannot account for $67 million of Obamacare funds.

he “Health Insurance Reform Implementation Fund” (HIRIF) was tucked into Obamacare in order to give the IRS money to enforce the tax provisions of the healthcare law. The fund, totaling some $1 billion of taxpayer money, was used to roll out enforcement mechanisms for the approximately 50 tax provisions of Obamacare. According to the report: “Specifically, the IRS did not account for or attempt to quantify approximately $67 million [from the slush fund] of indirect ACA costs incurred for Fiscal Years 2010 through 2012.”

The report also found other spending abuses, including using the money for travel that was unjustified.

But everything’s under control. The Democratic Party will make sure Obamacare is funded, no matter what!

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The Obamacare wars are just beginning.

10:35 am

The Obamacare wars are just beginning.

This is war—turning sectors of the economy into partisan battlefields is a cost of their agenda that liberals, with their pure faith in “programs,” never factor in. But wars also have a way of leading to unexpected outcomes.

Read the whole thing. The author outlines how this terrible law, defended again today by the Democrats in the Senate, will have numerous unintended consequences that were unexpected and are generally bad.

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The first and second launch of the Space Launch System are likely to be delayed due to budget issues.

7:56 am

The first and second launch of the Space Launch System are likely to be delayed due to budget issues.

“It’s very clear that we could have slips of a year or two,” said [deputy administrator Lori] Garver, referring to both the 2017 launch — which won’t have a crew — and the first planned flight of NASA astronauts aboard the SLS rocket in 2021.

Garver claims that it is insufficient funds for SLS that will cause the delays, despite getting $3 billion per year, or ten times the money the private commercial program is getting.

I’m on a hike today, but so any additional comments about this insanity will have to wait.

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A engineering problem during construction of one of the shuttle-derived solid rocket boosters for SLS is causing delays.

10:06 am

A engineering problem during construction of one of the shuttle-derived solid rocket boosters for SLS is causing delays.

[The] original test target of mid-2013 slipped when an issue with the aft segment [of the booster] was found. Inspection of the segment showed it was contained an area where propellant had debonded from the inside of the segment wall. Following analysis – which notably found no voids in the propellant itself – NASA decided to ask ATK to scrap the segment and cast a replacement.

Preparations … continued, with the shipping and integration of forward and center segments at the test site, while ATK went to work to replace the aft segment, following approval – post investigation – from NASA’s Marshall Space Flight Center. After ATK successfully cast the replacement segment in July, technicians carried out routine ultrasound and x-ray tests. Unfortunately, the tests showed this segment had also had similar voids. [emphasis mine.]

The Space Launch System (SLS), was mandated by Congress to use as much shuttle-derived components as possible in order to supposedly save money as well as employ as many of the companies that built those components as possible. In reality, however, every one of those components has required significant redesign to make them work in SLS. In the case of the solid rocket boosters, the four segment shuttle boosters were not powerful enough. They had to be expanded to five segments.

Moreover, it appears from this article it was other technically unnecessary changes to the boosters that are now causing this problem.
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Obamacare is forcing a number of artist organizations to cancel health insurance for its members.

11:29 pm

Finding out what’s in it: Obamacare is forcing a number of artist organizations to cancel health insurance for their members.

The College Art Association website posted a notice this month: “The New York Life Insurance Company recently informed CAA that it will no longer offer catastrophic healthcare coverage previously available to CAA members.” Why? Because it “is no longer an option” for “associations whose members reside in different states” to provide such coverage. These members will have to seek help from their home states’ newly formed Obamacare exchanges. Plans offered to Modern Language Association (MLA) members will suffer a similar fate.

Other insurance providers are reporting cancellations. The Entertainment Industry Group Insurance Trust (TEIGIT) website posts the following notice: “All individual and/or Sole Proprietor Health Insurance will terminate January 1, 2014. This includes plans acquired as Members of our Affiliated Associations & their groups.” Those affiliated associations include the American Federation of Television and Radio Artists, the Dramatists Guild, the Graphic Arts Guild, NY Women in Film and Television, and many others.

From my experience in the movie industry it is almost certain that the vast majority of these artists, writers, musicians, and actors are Democrats who blindly supported Obama and Obamacare. I am also certain that, even after this disaster, they will still blindly support the Democratic Party.

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A NASA veteran slams SLS.

7:25 am

A NASA veteran slams the Space Launch System (SLS).

The problem with the SLS is that it’s so big that makes it very expensive. It’s very expensive to design, it’s very expensive to develop. When they actually begin to develop it, the budget is going to go haywire. They’re going to have all kinds of technical and development issues crop up, which will drive the development costs up. Then there are the operating costs of that beast, which will eat NASA alive if they get there. They’re not going to be able to fly it more than once a year, if that, because they don’t have the budget to do it. So what you’ve got is a beast of a rocket, that would give you all of this capability, which you can’t build because you don’t have the money to build it in the first place, and you can’t operate it if you had it.

Q: What do you see as the alternative?

A: In the private sector we’ve got an Atlas and a Delta rocket, and the Europeans have a rocket called the Ariane. The Russians have lots of rockets, which are very reliable, and they get reliable by using them. And that’s something the SLS will never have. Never. Because you can’t afford to launch it that many times.

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Space agencies of the world unite!

9:48 am

On Tuesday NASA released what it calls a new “space exploration roadmap,” outlining the agency’s goals for the human exploration of space over the next few decades.

Normally I’d say, who cares? The space agency puts these kinds of PR roadmaps together periodically. None of them really ever mean that much. And in truth, this particular report doesn’t mean that much either. However, what makes this “Global Plan” interesting and worth mentioning is the participants who wrote it. It seems that NASA and the Obama administration didn’t do it alone.
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