Tag: government

Taxing both the rich and the sick to pay for Obamacare.

9:43 am

Finding out what’s in it: Taxing both the rich and the sick to pay for Obamacare.

Key quotes:

The change will negatively impact parents who have special needs children and who use FSA funds to help pay for tuition in special needs schools, says Xavier Epps, owner of XNE Financial Advising.

and:

For the more than 10 million individuals and families that claim medical expenses in 2011, there’s more bad news. In order to claim medical expense deductions in 2013, the claims must be at least 10% of AGI, up from 7.5% in the past. There’s an exception for people who are age 65 and older at the end of the year and for married taxpayers with only one spouse age 65 or over. Their threshold will remain at 7.5% until the 2017 tax year.

Y’know, I have yet to find any documented evidence of Obamacare lowering costs or improving health coverage anywhere. So far, this law has done nothing but balloon costs, limit options, and reduce the ability of people to either get health insurance they can afford or healthcare they need.

But that’s all right. The Democrats passed it! It must be good! Let’s vote for them again so they can do this kind of masterwork in many other places. (Right now, the Middle East and Syria comes to mind.)

Update: Obamacare will hike the cost of healthcare in Wisconsin as much as 125%, while forcing almost 100,000 people to lose their health insurance.

3 comments

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.

5 comments

A businessman fights a federal regulatory effort that destroyed his business. The government responses by trying to destroy him.

8:54 pm

A businessman fights a federal regulatory effort that destroyed his business. The government responds by trying to destroy him.

Read the article. It will send chills down your spine. The business was legal, did no harm, and was very successful. The government shut it down, killed it. Now they are going after the creator because he had tried to stop them.

4 comments

“The timing couldn’t be worse.”

11:23 pm

The next IPCC report: “The timing couldn’t be worse.”

The author describes how the new report, due out in just a couple of months, is probably already obsolete because of a slew of new papers documenting the long 10 to 15 year pause in global warming that was not predicted by any of the climate models used by the IPCC.

This quote I think sums things up nicely, however:

Due to a ‘combination of errors’, the models have overestimated warming by 100% over the past 20 years and by 400% over the past 15 years.

9 comments

In an effort to deal with their quality control problems the Russians plan to consolidate their space industries into a single company controlled by the government.

8:32 am

The Russian way: In an effort to deal with their quality control problems the Russians plan to consolidate their space industries into a single company controlled by the government.

This is not a good sign for the future competitiveness of the Russian aerospace industry. Consolidation will only reduce competition and innovation, while placing the government in control will only increase bureaucracy.

1 comment

No Atlantic hurricanes in August for the first time in eleven years.

5:13 pm

More extreme weather, eh? There were no Atlantic hurricanes in August this year, for the first time in eleven years.

As I’ve noted repeatedly, there is no evidence yet of an increase of extreme weather events as predicted by global warming advocates. In fact, some recent data suggests a decline, though I personally wouldn’t take that seriously either.

So, when Al Gore or Barack Obama or Dianne Feinstein starts running around like Chicken Little, claiming the sky is about to fall, remember these facts.

6 comments

The IRS harassment of conservatives continues.

9:02 am

Working for the Democratic Party: The IRS harassment of conservatives continues.

An IRS letter sent to [a tea party] group last week and obtained by The Washington Times contains a laundry list of requests related to virtually all the group’s activities, including its involvement in the 2012 election cycle and its get-out-the-vote efforts, fundraising activities, all radio and TV advertising, and other information. The IRS also is asking for detailed financial records, including “the amounts and percentages of your total expenses that were for fundraising activities in the tax year 2011, 2012 and 2013.” [emphasis mine]

Key quote: “We got away with discriminating against you and we’re not stopping.”

2 comments

“Democrats are just goddamned liars.”

2:56 pm

“Democrats are just goddamned liars.”

He is referring to professional Democrats, not your typical Democrat voter. To continue:

The fact that one of their more politically useful falsehoods nowadays is telling black people that their problems are caused by white racism should not require us to treat that lie any more seriously than we do any other Democrat lie.

When Democrats say we need “a conversation on race,” what they really mean is they want to have a monologue, a tedious lecture about all the evils perpetrated against black people by those evil racist Republicans. Your part of the “conversation” is, shut up.

4 comments

An Iranian news release today says that researchers at a local university have “designed and built” a manned spacecraft.

11:29 am

The competition heats up? An Iranian news release today says that researchers at a local university have “designed and built” a manned spacecraft.

Sounds very dubious to me. I suspect what really happened is that these Iranian university researchers did some work outlining their proposed design, and this has now been translated into a “built” spacecraft.

0 comments
1 … 797 798 799 800 801 … 982