Tag: government

Aetna pulls out of Obamacare

10:33 pm

Finding out what’s in it: One of the countries largest health insurance companies, Aetna, announced on Monday that it will stop offering health insurance through Obamacare.

Under Obamacare, Aetna lost $200 million in the second quarter of 2016 alone. Too bad no one predicted this…except for every evil racist homophobic tea party and thoughtful conservative whom the Democrats and Obama preferred slandering instead of listening to what they had to say.

Good thing we are going to vote for those Democrats again. Using their brilliant understanding of economics they will be sure the fix the problem they created!

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Obama goes after gunsmiths

8:43 pm

The constitution is such an inconvenient thing: A new Obama executive order has redefined the work of gunsmiths to define them as manufacturers so that they can be much more heavily regulated, and likely put out of business.

The president’s executive order, which Obama signed on July 22 — around the beginning of the Democratic National Convention — conveys to the State Department’s Directorate of Defense Trade Controls (DDTC), which is primarily in charge of managing the Arms Export Control Act (AECA) and establishing its rules, the International Traffic in Arms Regulations (ITAR).

DDTC now names commercial gunsmiths as “manufacturers” for relatively simple tasks as threading a barrel or duplicating a small custom part for an older firearm.

The law would require gunsmiths to spend thousands to meet the regulations, and would likely put most out of business, or force them underground into a black market.

The worst part of this, beyond the fact that it is a naked attack on law-abiding citizens because they do work Obama and liberals hate, is that if this executive order stands, it will grant the federal government unlimited power to destroy almost anyone in blue collar work that they don’t like Repair a car, install a carpet, fix a home’s air conditioning system, replace some plumbing, and you suddenly can be declared a manufacturer that no longer can afford to be in business.

Posted from the south rim of the Grand Canyon.

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Trump considers John Bolton for Secretary of State

11:11 am

In a radio interview today Donald Trump said that he was seriously considering appointing John Bolton as his secretary of state.

This could simply be pandering by Trump to the conservative audience he was speaking to, or it could be a real trail balloon. Either way, it emphasizes again that the policies of a president is largely determined by the people he surrounds himself with, first by indicating the direction the president is leaning, and second by providing counsel to that president. So far, the majority of Trump’s picks have leaned to the right, with some exceptions. Bolton would emphasize that rightward direction, and this is a very good thing.

By the way, I don’t know if my readers have noticed this, but the stories I have posted here about the presidential election campaign have had nothing to do with the stupid stuff that the mainstream and conservative media have been obsessing about. Instead, my focus, as always, is on trying to find out what these candidates will actually do when they become president, based on what they actually do (not say). Thus, I post about Trump’s potential appointments once in office, and real evidence that Hillary Clinton committed illegal acts as secretary of state. Making believe that Donald Trump is a monster because he made a minor miscue at one point in one speech is not a way to learn anything, other than to demonize the man absurdly and wrongly. I won’t participate in that childishness.

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Russia’s space station faces funding problems

10:11 am

The Russian space station replacement for ISS, dubbed the Russian Orbital Station (ROS), faces serious budget problems that might delay its launch.

Plans for the post-ISS Russian Orbital Station, ROS, are in limbo, as the nation’s space program has faced budget cuts in 2016. Although the industry has now completed formulating the overall design of the future station, the cash-strapped Roskosmos was yet to approve the formal technical assignment for the development of ROS as of June 2016. The addendum to the Federal Contract, which would fund further development work on the project, has not been issued either.

The ROS project stalled despite being formally approved by three strategy documents governing the current Russian space program: The 10-year Federal Space Program from 2016 to 2025, known as FKP-2025; The Strategy for Russian Piloted Space Flight until 2035 and the Concept of the Russian Piloted Space Flight.

The article also provides a nice overview of how Russia hopes to assembly ROS, partly from new modules and partly from modules they will detach from ISS. The article also made this key point:

According to the current ROS concept, the new Russian station will have a truly unlimited life span, thanks to the possibility to replace any of its modules. (It is practically impossible with the current ISS architecture.) The new Russian station is also designed to operate either as a permanently inhabited outpost or as a periodically visited facility. Russian strategists also hope that the new station will inherit the international nature of the ISS project.

I think Russia is beginning to see the operation of Earth orbital space stations as a profitable niche they can occupy. They know how to do it and already have the technology on hand, and can do it at very affordable prices. Whether they can afford it themselves, however, remains an open question.

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TMT will probably not go to India

10:04 am

An Indian astronomer, in testimony to India’s parliament, has explained that for engineering and technical reasons India will likely not be the new location of the Thirty Meter Telescope (TMT).

Essentially, the skies are clearer in the Canary Islands and in Chile.

This story is important in that it confirms that the consortium building TMT is now very seriously considering abandoning Hawaii, and might already have decided to do so. It also suggests that the Canary Islands is in the lead as the new location, since they want a site that can see the skies of the northern hemisphere, something that won’t be possible in Chile.

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Aerojet Rocketdyne gets NASA contract for cubesat engine

9:56 am

The competition heats up: Aerojet Rocketdyne has signed a contract with NASA to develop a small thruster engine for use on cubesats.

The MPS-130 green propulsion system will allow CubeSats and SmallSats to increase their capabilities, such as extending mission life, increasing architecture resiliency, maneuvering to higher and lower orbits, and performing complex proximity operations and formation flying. The use of additive manufacturing also reduces the number of parts and amount of time required to fabricate and assemble the modular propulsion system, lowering the cost of small satellites for private and public operators. Under the contract, Aerojet Rocketdyne will deliver a fully-integrated MPS-130 green modular propulsion system for flight demonstration, as well as conduct development and validation testing.

The press release does not say how much money NASA is providing. Regardless, this is a great opportunity for Aerojet Rocketdyne, because the smallsat industry is I think about to take off, and at the moment these tiny satellites lack any useful technology for maneuvering. Up until now they were mostly designed as temporary short term satellites built mostly to teach students. Soon, however, there will be a lot of privately-built commercial smallsats launched, designed to make money. Being able to sell their builders a thruster that could prolong their life and make them more capable will give Aerojet Rocketdyne a product that will certainly sell like hotcakes.

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Russia considers reducing its ISS crew

9:43 pm

In the heat of competition: Russia is considering reducing its ISS crew from three to two.

“Plans to reduce the crew stem from the fact that less cargo ships are sent to the ISS and from the necessity to boost the efficiency of the program,” the newspaper quotes Krikalev. Apart from that, it will make it possible to lower expenses on the space station’s maintenance.

They haven’t yet made a decision. I suspect that the real reason they are considering this idea is because it will free up a seat on the Soyuz spacecraft that they can then sell to tourists, something they have been unable to do since the station got large enough for the full crew of six and the U.S. became dependent on them for crew ferrying.. By only sending two Russians astronauts up with each Soyuz launch they will then have a free seat for short tourist flights, which had been quite lucrative for them.

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Trump reveals economic policy team

5:26 pm

Donald Trump has unveiled his list of economic advisers.

The list is quite varied, with some very conservative individuals (Steven Moore of the Heritage Institute for example), a good number of former Reagan administration officials, a bunch of middle-of-the-road businessmen, and at least one past Hillary Clinton contributor (Steven Mnuchin). Overall, this list once again suggests that a Trump administration will be moderate though lean right, while also favoring business. It also suggests that Trump’s administration will not be as reform-minded as he sometimes claims. Instead, it suggests that while Trump will push through some much needed reforms, his administration will mostly work to try to fix the status quo.

Will that be good for the country? Right now, considering the dire state of the federal government’s budget and the general corruption that increasingly seems to permeate its entire operation, I personally don’t think so. Strong and fearless reform is needed badly, and it looks like the Trump administration won’t really give us that. However, this list of advisers also suggests that a Trump administration will possibly include some positive change, and also be far less harmful than a Clinton administration, which will push to do more of the very things the federal government has been doing so badly during the past two decades.

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Poll shows Hawaiians strongly favor TMT

11:14 pm

A new poll shows that by a 2 to 1 margin Hawaiians are in favor of building the Thirty Meter Telescope (TMT).

  • 89 percent of Hawaii Island residents agree there should be a way for science and Hawaiian culture to co-exist on Maunakea
  • 76 percent of Hawaii Island residents agree that TMT will help create good paying jobs and economic and educational benefits for those living on Hawaii Island
  • 70 percent of Hawaii Island residents agree that failure to move forward with TMT will hurt educational opportunities for Hawaii Island children with the termination of TMT’s annual $1 million contribution to the THINK Fund and workforce pipeline program
  • 69 percent of Hawaii Island residents agree that TMT has followed a lengthy approval process, so work should proceed

Based on what I’ve seen for the past forty years, this poll will mean nothing. The poll also found that the native Hawaiian population was much less supportive, with only 46 percent in support of the project and 45 percent opposed. And since the Democratic Party that runs Hawaii is a party that cares almost exclusively for the concerns of oppressed minorities over that of the non-native majority, you can bet they will do what the native population wants. The telescope will never get built in Hawaii, and the consortium building TMT had better face this reality and find another location.

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North Korea’s space goal: Hit the Moon in five years

8:20 am

The competition heats up? According to one North Korean official, that country’s goal in space is to put a spacecraft on the Moon sometime in the next five years.

I actually believe this official. Their dear leader has demanded this, and they are sincerely trying to do it. Since they have had enormous trouble simply launching short range ballistic missiles, I have serious doubts they will make it happen, at least within five years.

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3rd largest insurer begins retreat from Obamacare

10:14 am

Finding out what’s in it: Aetna, the nation’s third largest health insurer and faced with $300 million in loses, has decided against expanding its participation in the Obamacare exchanges.

They also announced that they are re-evaluating their entire participation in the remaining exchanges.

In related news, Obamacare rates are likely to go up from 23% to 45% in Illinois, and 17.3% in Michigan.

But don’t worry, we’ve got the situation covered. We’re going to vote for Hillary Clinton and Democrats, the people that gave us this failed law. They’ll surely fix it!

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“News Media Now Giving Trump the ‘Full Palin.’”

9:57 am

Working for the Democratic Party: The expected full-media assault on the Republican Party candidate has begun. As the author at the link notes,

There have been few conservatives who have been more critical of Trump since the start of this insane campaign than me, and he deserves every bit of condemnation he has gotten for needlessly mishandling the Khan situation. However, there is also no doubt that the media became obsessed with the story because they want Trump to lose, got a bit freaked out about his very temporary convention bounce, and smelled blood.

Hillary, while she is less likely to be stupid enough to so publicly take on the parents of a fallen war hero, would also never have been lured by the media into the conflict to the extent Trump was. If she had somehow stepped in it, the news media would have let it go far sooner than they did for Trump (for instance, how many voters are even aware of the controversy over her basically calling some family members of Benghazi victims liars?).

This story has seemed to open the floodgates now on Trump in much the same way that the infamous Katie Couric interview did with regards to Sarah Palin in 2008. Now, everything Trump says seems to be instant fodder for the media’s intensified “gaffe watch.”

It is very important to recognize one more additional fact: Any Republican candidate would have been treated this way by the now openly partisan and decidedly bankrupt mainstream media. The question now is whether the low-information public has finally become aware of this game.

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NASA delays asteroid redirect mission one year

8:48 am

NASA has decided to delay by one year the planned launch dates for both its unmanned and manned missions to an asteroid.

And why might you ask?

Mr. Gerstenmaier further stated that “We had trouble getting the funding together for this thing. So this slip of the one year that you see wasn’t caused by technical. It was really caused by budget availability. We just didn’t have the budget available to go do this.”

Also, the article notes that the launch rocket for the unmanned mission, now set for 2021, will be one of three possible rockets.

No elaboration was given as to what those “three rockets” are, though SLS, one of SpaceX’s Falcon family of rockets, and Atlas V are understood to be the prime contenders at this time.

The unmanned mission might happen (though I wouldn’t bet on it). As for the manned mission, there is a reason NASA has had trouble getting funding. SLS/Orion cost too much. Congress simply doesn’t want to spend that much for the actual missions. They will dole out a lot of cash for development (and the pork that goes with it), but even they can’t afford the gigantic budgets NASA needs to actually fly real missions.

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Millennials favor GOP, want Clinton imprisoned

11:51 am

There is hope: Despite oversampling Democrats, a new poll shows that millennials now favor the Republican Party, with a plurality calling for Hillary Clinton’s imprisonment.

Among ages 18 to 29, only 36 percent have a favorable view of the Democrat Party, and 47 have an unfavorable view. The low favorability number can likely be tied to young voters who were upset by how the DNC attempted to favor Hillary Clinton over millennial-favorite Bernie Sanders. And, some of these millennials are even saying they view the Republican Party more favorably. The GOP is leading the Democrats by 5 percent, scoring 41 percent favorability. Millennials have the most favorable view of the GOP versus other age demographics.

Later in the poll, we might have found out why: a plurality of millennials believe Clinton should be in prison. In fact, millennials are the only age demographic where more voters believe she should be in prison than those opposed to arresting her. 40 percent of millennials want her jailed, while just 39 percent oppose it (21 percent not sure).

For the past century the Democratic Party has had a lock on young voters. No matter the issue or candidate, voters under 30 routinely voted for Democrats in large majorities. For this poll to show such a trend away from the Democratic Party suggests that maybe the youngest voters are finally waking up to the reality facing them, due largely because of that Democratic Party.

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Top IRS officials approved and supervised harassment of conservatives

11:44 am

Working for the Democratic Party: Newly released FBI interviews prove that top IRS officials in Washington, like Lois Lerner and Holly Paz, organized and ran the harassment of conservatives prior to the 2012 election.

The FBI documents also reveal that IRS officials stated that the agency was targeting conservative groups in the summer of 2011 because of their ideology and political affiliation. According to one senior tax law specialist, “The case seemed to be pulled because of the applicant’s political affiliation and screening is not supposed to occur that way … [Redacted] said he thought the cases were being pulled based upon political affiliations.” And IRS senior official Nancy Marks, appointed by Miller to conduct an internal investigation stated, “Cincinnati was categorizing cases based on name and ideology, not just activity.” [emphasis mine]

In others, the evidence shows beyond a shadow of a doubt that the IRS was being used by Democrats in Washington for the express purposed of harassing and attacking their political opponents.

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Angara gets a customer

9:47 am

The competition heats up: Russia has signed its first international contract for its new still-underdevelopment Angara rocket.

Leading Russian rocket developer, GKNPTs Khrunichev, signed up the first foreign commercial passenger for the light version of its new-generation Angara rocket. The South-Korean Kompsat-6 remote-sensing satellite (a.k.a. Arirang) was booked for a ride on the Angara-1.2 launch vehicle from Plesetsk around 2020. Equipped with a Synthetic Aperture Radar, SAR, the 1.7 ton spacecraft should be inserted into the Sun-synchronous orbit.

More here.

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Russia’s troubled new spaceport

9:06 am

Link here. The article provides a nice summary of the many problems I have posted here on Behind the Black over the past three years, describing the corruption, cost overruns, and delays that have dominated the construction of Russia’s Vostochny spaceport.

I think this excerpt encapsulates the project’s basic problem:

Andrei Ionin of the Russian Academy of Cosmonautics, who helped draw up the original plans for Vostochny, said the idea was for the facility to boost the economy of the depressed Far East region. “It should have become an innovation cluster … with a smart city to attract bright young specialists,” Ionin said. Instead, the accompanying “innovation hub” was built near Moscow, and according to Oberg, only a skeleton crew is posted to Svobodny, the town that serves the spaceport.

“The original idea was botched,” Ionin said. He added that the project now has “no meaning” and is “like a fifth wheel in the Russian space program.”

The goal was not to improve efficiency or save costs, but to fulfill the idealistic hopes of a central planner whose plans were essentially very much divorced from reality. Meanwhile, the corruption that permeates all of Russian’s big industries honed in on this project as a great way to skim off a lot of cash for their personal bank accounts.

According to an expose by RBC published in July 2015, the original cost of the facility was supposed to be just $1.9 billion in today’s prices. Already, though, the cost of building the first of two launch pads has exceeded $2.4 billion, according data on dozens of state contracts compiled by RBC. Officials did not release an official budget for the spaceport before construction began in 2011.

Russian anti-graft activists allege that much of this overspend can be attributed to corruption. They say that, like many other Russian mega-projects, it has become a gravy train for well-connected embezzlers. “There are a lot of corruption violations,” said Lyubov Sobol, a lawyer at the grassroots non-governmental organization the Anti-Corruption Fund. Sobol, who published an exposé on cost overruns at Vostochny last year, added: “The construction is overpriced by billions of rubles.”

Russian prosecutors say that least $165 million was embezzled during the construction process and several contractors have been charged. “I doubt the full extent [of the embezzlement] has been publicized,” said veteran American journalist and historian James Oberg, an expert on the Russian space program.

It will be especially revealing to compare Vostochny’s cost and development time with the spaceport that SpaceX is privately building in Texas. Which do you think will cost less and be fully operational first? I think I know.

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Sierra Nevada preps for Dream Chaser glide tests

8:31 am

The competition heats up: In preparing its Dream Chaser engineering test vehicle for glide tests in California this fall, Sierra Nevada unveiled it to the press yesterday.

This is essentially the test vehicle’s first public viewing since its one glide test, when the front landing gear did not deploy correctly and the vehicle was damaged during landing. Since the landing gears were not the gears being developed for the flight craft, and since the glide test itself went well, both the company and NASA considered that glide test to be a success.

It has now been refurbished for new tests in conjunction with the company’s contract to use Dream Chaser as a cargo ship for NASA.

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NASA guesses SpaceX’s Dragon-Mars mission will cost $300 million

6:20 pm

At a meeting of NASA’s Advisory Council yesterday a NASA official estimated that SpaceX will probably spend about $300 million on its Dragon mission to Mars.

Asked by the committee how much SpaceX was spending, Reuter indicated that the company’s investment was 10 times that of NASA. “They did talk to us about a 10-to-1 arrangement in terms of cost: theirs 10, ours 1,” he said. “I think that’s in the ballpark.” Given NASA’s investment, that implies SpaceX is spending around $300 million on Red Dragon.

SpaceX has not disclosed its estimated cost of the mission, or how it will pay for it. “I have no knowledge” of how the company is financing the mission, Reuter said when asked by the committee.

I suspect that the guess is significantly wrong. NASA is providing $32 million. SpaceX plans to charge customers $90 million for a single Falcon Heavy launch, which means its cost for that launch is likely half that, say $45 million. That adds up to $77 million. The cost for a Dragon capsule is not even close to $223 million, which is what remains if NASA’s guess is right, which based on this rough estimate I seriously doubt. I would bet that a single Dragon probably costs far less than $20 million. Remember, they are nothing more than basic manned capsules, and SpaceX is building enough of them to almost have an assembly line going.

So, let’s round up and say that the cost for the mission is really about $100 million (including NASA’s contribution). Other costs, such as the staff to run the mission for at least a year, will increase this cost, but not enough to bring the total to NASA’s guess of $300 million. I suspect that SpaceX will not spend anything close to $100 million of its own money for this Dragon mission to Mars.

All in all, this amount of investment seems reasonable, based on the scale of costs in the launch industry. And SpaceX’s willingness to invest some of its own money for this mission is probably wise. In publicity alone it is priceless.

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The Lie that is Orion

2:30 pm

Several weeks ago NASA put out one of its periodic press releases touting the wonders of the engineering the agency is doing to prepare for its future missions to Mars. In this case the press release described a new exercise device, dubbed ROCKY (for Resistive Overload Combined with Kinetic Yo-Yo), for use in the Orion capsule.

“ROCKY is an ultra-compact, lightweight exercise device that meets the exercise and medical requirements that we have for Orion missions,” said Gail Perusek, deputy project manager for NASA’s Human Research Program’s Exploration Exercise Equipment project. “The International Space Station’s exercise devices are effective but are too big for Orion, so we had to find a way to make exercising in Orion feasible.

As is their habit these days in their effort to drum up support for funding for SLS and Orion, the press release was filled with phrases and statements that implied or claimed that Orion was going to be the spacecraft that Americans will use to explore the solar system.

…engineers across NASA and industry are working to build the Orion spacecraft and Space Launch System rocket that will venture to deep space for the first time together…

…Over the next several years, NASA’s Human Research Program will be refining the device to optimize it not only for near-term Orion missions with crew, but for potential uses on future long-duration missions in Orion…

These are only two examples. I have clipped them because both were very carefully phrased to allow NASA deniablity should anyone question these claims. For example, in the first quote they qualify “deep space” as specifically the 2018 unmanned lunar test flight. And the second quote is qualified as referring to missions to lunar space. Nonetheless, the implied intent of this wording is to sell Orion as America’s interplanetary spaceship, destined to take us to the stars!

Don’t believe me? Then take a look at NASA’s own Orion webpages, starting with the very first words on their Orion Overivew page.
» Read more

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India faces $1 billion in damages for space contract cancellation

8:52 am

An arbitration court at the Hague yesterday ruled that India faces $1 billion in damages because of its unilateral cancellation in 2011 of a satellite deal between itself and a private company.

More info here. Essentially the ruling says that India had made a legal commitment when it signed the contract, and by unilaterally cancelled it they did harm to the private company’s shareholders.

This case illustrates that, despite India’s successes in space, it is still running a government space program, with all the flaws that come with it. Paying off these damages will likely put a serious crimp in the country’s space effort in the next few years.

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Democrats add space language to platform

9:05 am

The Democrats have added language to their party platform that expresses support for NASA and continuing its funding.

It’s only a single paragraph filled with the typical blather we see in both parties’ platforms: We support it! It’s great! It’s for the children!. The last line however gives a sense of where they’d like to focus their funding:

We will strengthen support for NASA and work in partnership with the international scientific community to launch new missions to space.

Not surprisingly, if compelled to support space the Democrats see it mostly as a vehicle for increased international cooperation.

Despite my cynical analysis above, the fact that both parties feel compelled right now to express positions supporting the exploration of space is a sign indicating where the political winds are blowing. The excitement created by SpaceX’s low prices and successful vertical first stage landings has even reached into the thick skulls of politicians from both parties. Rather than mouth the Democratic half-century-old mantra that “We should solve our problems here on Earth before spending it in space” (first pushed hard by Ted Kennedy in a speech the night before Apollo 11 was launched to the Moon), Democrats have not only apparently concluded that this won’t sell anymore, they now feel it necessary to express support for space funding.

Now, if only we can convince them to stop wasting it on SLS we might actually build a thriving and competitive space industry, capable of doing it all.

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A good summary of the Wikileaks DNC emails

10:09 am

Link here. This Reddit post essential lists several dozen links to specific DNC emails at the Wikileaks site, all illustrating some pretty unsavory behavior by Democratic Party officials and politicians as well as a number of so-called journalists.

Many of these stories are simply the ordinary dirty business of politics, laid bare to see. Others though reveal the significant levels of corruption that permeate the Democratic Party, levels I think that far worse than anything one could find among the Republicans, bad as that party’s leadership happens to be.

Above all, the emails that document the close teamwork between the press and the Democratic Party are probably the most important. It is not that this is surprising. The emails merely prove it beyond a shadow of doubt. MSNBC and its head Phil Griffin especially are revealed to be nothing more than Democratic operatives, working closely with the DNC to push its agenda.

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More speculations about Trump’s cabinet

8:43 pm

This article gives a nice overview of the people who it appears are being considered for positions in a Trump presidency, should he win.

Unfortunately, it does not give a lot of background about the people mentioned. Many, like Chris Christie, Jeff Sessions, Rudy Giuliani, and Newt Gingrich, are well known. Others, like businessman Donald McGahn, are unknown. Some, like Senator Bob Corker, suggested as potential Secretary of State, would be a disaster, based on his past history of getting the Iran deal approved.
Some. like Harold Hamm and Steve Mnuchin, have been described here at BtB at the links behind their names, Hamm positively and Mnuchin negatively..

There is more at the link. Read it all. This list is a start. It will require vetting to get a sense of what we can expect from a Trump administration.

Note that there is a reason I am so focused on Trump and not Clinton. Trump remains an unknown, who might be worth voting for if it appears his plans as President are reasonable, something that might still be possible, despite all the negative reports I’ve given him. Moreover, there is a chance that Trump can be positively influenced. Learning as much about him as possible increases that possibility.

Clinton however is not an unknown. She is corrupt, a liar, and an avowed socialist who believes strongly in increasing the size and power of the federal government, as does the entire political party that supports her. To deny any of this is to live with your head in the sand. She thus needs no vetting.

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Humana abandoning Obamacare

6:45 pm

Finding out what’s in it. Humana, one of the nation’s largest heathcare companies, has decided to leave almost half of its Obamacare markets next year.

Humana, one of the nation’s top health insurers, is pulling out of ObamaCare plans in all but a handful of states after a year of nearly $1 billion in losses. The company plans to exit nearly half of its Obamacare markets next year, the company announced during an earnings report Thursday. It will take part in “no more” than 11 state marketplaces, down from 19 states this year, the company said. [emphasis mine]

Remember, it was the insurance companies that lobbied the hardest for Obamacare, figuring they would clean up once the government forced everyone to buy their product. In looking at the numbers above, $1 billion in loses in one year alone, it sure seems that strategy has backfired big time on the insurance companies.

Then again, how could they have possibly known this would happen? No one anticipated this at all, except for those evil tea partiers and those racist conservatives. And who listens to them?

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