Friday, March 25, 2011

Steve Peters Commentary - #2750 - Health Care Law: A Very Bad Year - And It'll Only Get Worse, Unless Obamacare is Repealed or Struck Down - Wall Street Journal (2) Who Killed Detroit? Investors.com (3) Year One of the Obamacare Era - National Review Online

A year ago today President Obama signed into law the broadest, most expensive, most intrusive health-care bill in our history. So we the people are subject to a 2,700-page law that will cost us nearly $1 trillion over 10 years and will put the federal government, in charge of everyone's medical care. The bill appropriates in advance some $100 billion from now until 2020, making it more difficult for future Congresses or Presidents to defund it. The bill creates some 159 new government agencies to administer health care. As of Jan. 1, 2014, unless it is repealed, health care will be run, controlled, and totally supervised by Washington. The federal government will soon mandate what it deems to be "essential" inclusions in health-care insurance. The increases in spending are already well under way. According to Health and Human Services Secretary Kathleen Sebelius, 48 states have already accepted around $1 million each from Washington to start planning their exchanges. Wisconsin and Kansas, which have Republican governors and are mong the majority of states suing to stop ObamaCare, have accepted, respectively, $38 million and $32 million from Washington to get their health-care information systems going. Never mind that the federal judge in a case they joined held ObamaCare unconstitutional.  Read more........  Article contributed by Steve Peters.
Who Killed Detroit? - Investors, Inc. - Cities: Poor Detroit. It hasn't had any good news for decades, and now, despite a $77 billion bailout of the auto industry, its population continues to implode. The No. 1 reason: the United Auto Workers union.  Census data released Tuesday show Detroit's population has plunged 25% since 2000 to just 713,777 souls — the same as 100 years ago, before the auto industry's heyday. As recently as the 1970s, Detroit had 1.8 million people.  What's happening is no secret: Detroiters are fleeing an economic disaster, the irreversible decline of the Big Three automakers. ....... Detroit's decline has been shocking.  Sure, a lot of the blame goes to a generation of bad management. But the main reason for Detroit's decline is the greed of the industry's main union, the UAW, which priced the Big Three out of the market.  As recently as 2008, GM, Ford and Chrysler paid their employees on average more than $73 an hour in total compensation. The 12 foreign transplants, operating in nonunion states mostly in the South and Midwest, averaged about $42 an hour.  Guess which manufacturers are healthiest and expanding their market today? In 2008, the Big Three still made 59% of all cars in the U.S. But, according to recent estimates, their market share is now 46% — with foreign companies selling the bulk of all U.S. cars. So Detroit's loss has been the South's and Midwest's gain.  Read more.......  SP: The UAW wants to do to America, what it has done to Detroit...collapse it economically. Unless we stop the Obama Administration from paying the unions back with taxpayers money and "administratively" changing every rule they can in favor of the unions, they may succeed. As Sean Connery said to Elliot Ness in the movie The Untouchables, "And *then* what are you prepared to do? If you open the can on these worms you must be prepared to go all the way because they're not gonna give up the fight.." Join the fight, get involved in your Local Tea Party and GOP.
Year One of the Obamacare Era - National Review Online - One year ago this week — March 23, 2010 — President Obama signed the Patient Protection and Affordable Care Act into law. Joe Biden called it a “big [flipping] deal.” Enthusiasts of the law predicted that Obamacare would reduce the deficit, save hundreds of thousands of lives, significantly improve national life expectancy, dramatically reduce medical bankruptcies, and massively improve infant mortality. I even recall a New Republic editorial arguing that the passage of PPACA would mean no one would ever again have to die of cancer.  Read more......... SP:  Wish I could say this was a happy birthday. One great benefit of this bill has been it's positive effect of diminishing the number of Democrat Politicians holding Federal and Statewide offices. Let's continue to work at increasing this one positive effect of the Democrat's passing ObamaCare without ONE Republican vote. The only way to completely repeal ObamaCare is to take over the majority in the Senate by a wide margin and to remove Obama from office in 2012.

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