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Archive for June, 2009
FUN BAILOUT FACTS
Health Insurance Industry Care and the dismantling of Social Security
On June 11th, I denounced Obama’s “healthcare reform” as being, in actuality a form of “health insurance industry care”: We’re not even talking about providing “health care” on Capital Hill, we are talking about providing “health insurance industry care”. And why not. We’ve already provided taxpayer-funded “banking industry care” to those poor, socially maladjusted, money-lusting [...]
Wolves still guarding the henhouse
Somehow, Obama’s vow of ”tough new regulations for Wall Street” immediately loses credibility when followed by the tagline “crafted by Larry Summers and Tim Geithner“. Here are some other headlines that would have a similar eyebrow-raising effect: Hitler promises equal rights compensation for Israeli bankers Bin Laden dedicates new wing in Afghan Democracy Library to Dick Cheney Palin [...]
“U.S. property prices will likely bottom…
… below levels of 20 years ago, after adjusting for inflation.” Now there’s an attention getter. But it’s the first thing I’ve read this month from a credible FA post that I completely agree with. Unless you got a great deal in a seriously undervalued market more than 10 years ago and never took out any equity, [...]
Obama to cut 950 Billion from Medicare & Medicaid
During his weekly Saturday radio address, President Obama announced that he would be seeking another $313 billion Medicare cut, for a total of nearly $950 billion slashed from Medicare and Medicaid over the next ten years. These are “savings that will rein in unnecessary spending, and increase efficiency and the quality of care, savings that will ensure that we [...]
Obama Bails out more Euro-banks through IMF conduit.
Obama miraculously pulled off yet another big win for bad-betting Euro banks (and Global Fascism) in a recently approved IMF stealth bailout under the guise of a war supplemental funding bill. Apparently the $35 billion in AIG payouts to over-leveraged Euro banks wasn’t enough for Obama who has championed borrowing the $100 billion from your kids and [...]
Paradigm Prime on Fascist Row
Most people should read and re-read the paragraph below as a textbook example of the doctrine of Fascism, as it relates to the Healthcare Reform debate: Most Democrats are pushing for a public (universal healthcare) program to compete with private insurers to provide coverage, making it a contentious issue in the debate. Republicans and insurers say [...]
