Tag: government

One in eight small businesses have stopped providing health insurance since Obamacare was passed

8:44 am

Finding out what’s in it: One in eight small businesses have stopped providing health insurance since Obamacare was passed.

One of the great “promises” of [Obamacare’s] supporters was that insured people would be able to keep their current health insurance plan. As a practical matter that has not been true for a substantial number of small employers and their employees. Since enactment, one in eight (12%) small employers have either had their health insurance plans terminated or been told that their plan would not be available in the future.

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Why the Republicans revolted against their own leader’s proposed debt ceiling plan

8:01 am

Why the Republicans revolted against their own leader’s proposed debt ceiling plan:

The $7 billion that [was described as] “a real, enforceable cut for FY2012″ represents what the Government of the United States currently borrows every 37 hours. If the CBO’s scoring is correct – that it reduces the 2012 deficit by just $1 billion – then the ”cut” represents what the United States borrows every five hours and 20 minutes. In other words, in the time it takes to photocopy and distribute Boehner’s “plan”, the savings have all been borrowed back. [emphasis mine]

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Texas Lawmaker Calls for Probe Into Ban of Prayers at Military Funerals

10:52 pm

A Texas lawmaker claims he went undercover and witnessed officials at a veterans cemetery try to prevent the use of the word “God” as well as a Christian prayer at a military funeral.

Culberson [the lawmaker] said the commander of the honor guard was told by cemetery officials to approach a grieving widow to reconfirm that she wanted the word God mentioned at her husband’s graveside service. “He quite correctly said as a Texan and a man of honor and integrity, ‘I’m not bothering that poor woman at this most terrible time of her life. We’re going to do the ritual,’” Culberson said. “Right in front of me, the VA directly and deliberately attempted to prevent the VFW from doing their magnificent, spiritual ritual over the grave of this fallen hero.”

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ISS partners discuss how to use the space station as a test bed for missions beyond low Earth orbit.

8:43 pm

Now why didn’t they think of this before? The ISS partners met today to discuss how to use the space station as a test bed for missions beyond low Earth orbit.

As I wrote in Leaving Earth, a space station is nothing more than a prototype interplanetary spaceship. This kind of research is really its main purpose, and I am glad that the governments running ISS are finally beginning to recognize it, even though their engineers have known it for decades. Note too that the press release above also gives a nice overview of some of the ongoing research on ISS that is directly related to learning how to survive in space for long periods.

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Downgrade could come as soon as Friday

9:58 am

The day of reckoning looms even closer: Credit rating downgrade for the U.S. government could come as soon as Friday. Key quote:

It’s not the debt ceiling that’s triggering a potential ratings change — it’s the trajectory of debt generated by the federal government.

And this:

The problem, as [the ratings agencies] see it, is not that America can’t pay its debts next month, but that America has grown its debt to such a degree that we can’t pay them in the long run without serious restructuring of the federal government — and this administration refuses to consider it:

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Conservatives bridle at trillions in ‘phony’ cuts

9:13 am

Trillions in “phony” cuts?

The devil is in the details,” says a Republican strategist closely involved in the debt fight. “When you’re talking about $1 trillion [over ten years], you’re talking about $100 billion a year, but it doesn’t necessarily have to be evenly distributed among the years.” Does that mean it might be loaded mostly at the end of the decade, when it might not even happen? “That’s where you get into the details,” the strategist says.

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Thank the Gods for Climategate

1:03 pm

Thank the gods for climategate.

We are certainly in a far different world vis-a-vis global warming than 21 months ago. The [global warming] climatologists are, to a very large extent, being ignored. Yes, there is an IPCC coming up, and perhaps we should wait until that is over. But I will predict that no matter what hoohah comes out of it, it will not have 50% of the energy of the previous IPCCs, because governments just aren’t listening with baited breath anymore. If there is any place where the mojo counted, it was with governments. But it ain’t there any more.

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Over-optimism in Forecasts by Official Budget Agencies and Its Implications

10:50 am

Science discovers the obvious: Government agencies are routinely over-optimistic in their budget forecasts. From the abstract:

The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general, the forecasts are found:

  • to have a positive average bias
  • to be more biased in booms
  • to be even more biased at the 3-year horizon than at shorter horizons.

This over-optimism in official forecasts can help explain excessive budget deficits, especially the failure to run surpluses during periods of high output: if a boom is forecasted to last indefinitely, retrenchment is treated as unnecessary. Many believe that better fiscal policy can be obtained by means of rules such as ceilings for the deficit or, better yet, the structural deficit. But we also find [that] countries subject to a budget rule, in the form of euroland’s Stability and Growth Path, make official forecasts of growth and budget deficits that are even more biased and more correlated with booms than do other countries. [emphasis mine]

In related news, it is now more than 800 days since the Democratically-controlled Senate has passed or even proposed a budget, as they are required to do by law.

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An Obamacare provision appears to force middle-class families to either buy unaffordable healthcare or pay a penalty

10:37 pm

Repeal it! An Obamacare provision appears to force middle-class families to either buy unaffordable healthcare or pay the penalty for going without.

I wrote “appears to force” above because the issue at hand is so complex I don’t think anyone either in or out of the Obama administration truly understands it, another indication that the healthcare law is a disaster that needs to be ceremoniously dumped, and as quickly as possible.

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The fourth video showing Medicare fraud released

3:54 pm

We’re here to help you: A fourth video was released today, showing the incredible willingness of Medicare employees to support drug smuggling, prostitution, and a host of other illegal activities in their effort to get applicants approved.

The first video was for me the most damaging — and sadly hilarious — with the government employee telling the so-called Russian drug smuggler and pimp for under-age prostitutes to put “baby-sitting” on his application instead.

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Perry and other lawmakers blast Obama over shuttle retirement

8:43 pm

Texas Governor Rick Perry, as well as other lawmakers from Congress, blasted Obama today over the shuttle retirement.

Bah. Perry claims to be a so-called small government conservative, yet he wants the government to spend a fortune to build and run the space program. Meanwhile, Senators John Cornyn (R-Texas) and Kate Bailey Hutchinson (R-Texas) were around in Congress when President George Bush announced the shuttle’s retirement seven years ago. Their effort since then to fund pork through NASA and thus have NASA build a giant new rocket system, either Constellation or its new Congressionally-designed replacement, has been a disaster. Right now it would be better, and far cheaper, if they stopped fighting the new commercial space companies and instead get behind them, especially since the Obama administration itself has done a very poor job of selling this new industry.

A little support from Congress could go a long way to not only reinvigorating the aerospace industry, it could speed our country’s return to manned space, with multiple competing companies.

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