Aug 3, 2009 16 Comments ›› Pat Dollard
I've been saying over and over again that Obama's primary interest in the health insurance issue, is the same one he has for every other area of American enterprise: he wants the revenue streams that flow into private sector businesses to flow into the federal government instead. He doesn't want you, me, or any ...
Continue ReadingAug 3, 2009 1 Comment ›› Pat Dollard
Fox News: President Obama may have to break his campaign pledge and raise taxes on middle-class Americans to pay for public health care and the growing deficit, an eventuality that administration officials touched lightly on Sunday as they promoted an economy emerging from recession. With an expected deficit next year of $1.8 trillion, and spending still being ...
Continue ReadingAug 3, 2009 1 Comment ›› Pat Dollard
WASHINGTON (AP) - The Obama administration will suspend the "cash for clunkers" program unless the Senate provides $2 billion more for the popular car incentive plan, Transportation Secretary Ray LaHood said Sunday. He said he expected the current $1 billion pool to be exhausted before Monday. The House approved an additional $2 billion on Friday and ...
Continue ReadingAug 3, 2009 No Comments ›› Pat Dollard
WASHINGTON (AP) - President Barack Obama's health care numbers don't seem to add up. And that's complicating his efforts to pass his top domestic priority. Obama claims his health effort will not dig the nation deeper into debt and over time will help reduce deficits. He has vowed to not sign any health bill that ...
Continue ReadingAug 2, 2009 11 Comments ›› Pat Dollard
The Independent: The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned. Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in ...
Continue ReadingAug 2, 2009 2 Comments ›› Pat Dollard
As far as Barack Obama goes, if we do jobs, the August will be the last month before The Fall. Enter ACTIVISTS
Continue ReadingAug 2, 2009 8 Comments ›› Pat Dollard
WASHINGTON (Reuters) - Former Fed Chairman Alan Greenspan said on Sunday that signs of stabilization and increased confidence in the economy could be dashed if home prices were to take another turn downward. Greenspan told ABC's "This Week With George Stephanopoulos" that he didn't believe that a steep drop was in store, but home prices had ...
Continue ReadingAug 2, 2009 8 Comments ›› Pat Dollard
TORRINGTON, Wyo. — Carl Rupp and his neighbors follow the old rancher's creed: "Keep your money in your pocket." Rupp has farmed his whole life. He lives in Goshen County, a rural spot along the Nebraska line where cattle outnumber humans 16 to 1 and you can still see the ruts cut by wagons ...
Continue ReadingAug 2, 2009 13 Comments ›› Pat Dollard
New York Times: Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution. Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the ...
Continue ReadingAug 2, 2009 No Comments ›› Pat Dollard
"an industry that consumes nearly one-fifth of the nation's economy" Thugocracy Racketeering: He who owns the health insurance industry, owns America. Washington Post: From the start of his presidency, Barack Obama made clear that his plan for enacting comprehensive health-care reform came down to three words: fast, broad and bipartisan. That was then. Now, as lawmakers begin to flee Washington ...
Continue ReadingAug 2, 2009 1 Comment ›› Pat Dollard
WASHINGTON (AP) - President Barack Obama and congressional Democrats are looking ahead to a health care showdown on the House floor in September following a key committee's passage of sweeping overhaul legislation. "This historic step," Obama said, "moves us closer to health insurance reform than we have ever been before." In a sign of the fight ahead, ...
Continue ReadingAug 2, 2009 6 Comments ›› Pat Dollard
WASHINGTON (AP) - The health care debate is heading back to Main Street, to cities and towns where people are worried about medical costs but increasingly concerned that overhauling the system may do more harm than good. Some say that's exactly where the discussion belongs. House members have returned to their districts for their August break, ...
Continue ReadingAug 1, 2009 No Comments ›› Pat Dollard
Washington Times: Five congressional panels have wrestled - some for hours, some for months - with whether to include the creation of a public health insurance program in their reform legislation. But as Congress breaks for its August recess, the real battle over the measure may not have even started, even as the rhetoric continued. President Obama ...
Continue ReadingAug 1, 2009 6 Comments ›› Pat Dollard
BRISTOL, Va. (AP) - At times, it seems like Barack Obama has time-traveled back to last summer when he was simply a Democrat running for the White House. Only now, he's the president, and he's facing a more complicated objective and opponent as he campaigns to overhaul a costly health care system. Yet, there he was last ...
Continue ReadingAug 1, 2009 4 Comments ›› Pat Dollard
New York Times: WASHINGTON — Behind Democrats’ struggle to pay the $1 trillion 10-year cost of President Obama’s promise to overhaul the health care system is their collision with another of his well-known pledges: that 95 percent of Americans “will not see their taxes increase by a single dime†during his term. This will not be the ...
Continue ReadingAug 1, 2009 3 Comments ›› Pat Dollard
Washington Post: President Obama's $787 billion stimulus plan is having little effect on job creation within the general-construction industry, the trade association for the sector said Thursday. Construction spending was "disappointingly slow" five months into the recovery program, with firms working on stimulus-funded construction projects hiring at no greater rates than those without such work, according to ...
Continue ReadingAug 1, 2009 12 Comments ›› Pat Dollard
"Distraction". See how they mock, marginalize, demonize, and belittle the concerns of the opposition: Washington Post: A campaign on conservative talk radio, fueled by President Obama's calls to control exorbitant medical bills, has sparked fear among senior citizens that the health-care bill moving through Congress will lead to end-of-life "rationing" and even "euthanasia." The controversy stems from a ...
Continue ReadingJul 31, 2009 16 Comments ›› Pat Dollard
Politico: Speaker Nancy Pelosi outlined a doubled-edged message for selling health care reform in August: one part pro-consumer and the second, attacking the health insurance industry with the same passion she took on George W. Bush’s Social Security privatization plans four years ago. “The glory days are coming to an end for the health insurance industry in ...
Continue ReadingJul 31, 2009 6 Comments ›› Pat Dollard
WCBS: "Cash for Clunkers" came to a screeching halt Thursday, after only six days on the road. In a shocker, the government announced it would suspend the program at midnight because demand was too great. It may have been the best $1 billion the government has spent so far this year. Business was humming at Crestmont ...
Continue ReadingJul 31, 2009 2 Comments ›› Pat Dollard
Politico: President Barack Obama tallied a much-needed win Friday when a critical House committee approved legislation that would provide health care to millions of uninsured Americans. But the bill’s turbulent passage widened longstanding rifts within his party, rifts that imperil his landmark push for vastly expanding health care coverage when Congress returns to session in the fall. The ...
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