Category Archives: Business

Punching Back Twice As Hard

Mitt should stay on the offensive on Medicare:

The Obama cuts also rely on grinding, year-after-year reductions in payments to doctors and other providers. This is a way to maintain that there are technically no changes in “benefits,” though access to and quality of care inevitably will be affected.

No one concerned with the health of Medicare would go about it in this fashion. But “Obamacare” was helter-skelter legislating, a desperate attempt to make the numbers temporarily add up.

Medicare’s actuaries consistently sound the alarm about the consequences. A May 2012 report by the Centers for Medicare and Medicaid Services said, “The large reductions in Medicare payments rates to physicians would likely have serious implications for beneficiary access to care.”

It also noted the punishing effect on hospitals, nursing facilities and home-health agencies, which “would have to withdraw from providing services to Medicare beneficiaries, merge with other provider groups or shift substantial portions of Medicare costs to their non-Medicare, non-Medicaid payers.”

Oh, is that all? If a Republican president had done this, The New York Times would have called for impeachment proceedings.

Is the Republicans’ counter-assault on Medicare hypocritical? No. How — not whether — to restrain Medicare is the question. The Democratic approach, now and in the future, is blunt-force price controls. Republicans want to get savings through competition and choice.

Leftists hate competition and choice. It doesn’t give them enough power over our lives.

Econ 101

The president flunks it. Hey, that’s probably why he doesn’t want to show us his transcripts. Anyway, he was probably told there would be no math.

And this graphic should be shown every day until the first Tuesday in November.

Failed Obama Economic Promises

Because the message is that Obama and his economic team didn’t know WTF they were doing then, and they still don’t. That’s generously assuming, of course, that their goal actually was to grow the economy, and not just hand out our grandchildrens’ money to their cronies and political allies.

A “Progressive” Insurance Company

I had never paid much attention to Progressive Insurance, and knew nothing about them except from the ads. Well, it turns out that they’re appropriately named (well, at least the limited degree that it is appropriate to call leftists “progressive”):

According to Mark Progressive offed to pay 1/3 of the claim, (I presume his sister paid 3/3 of the preimums regularly) when that was turned down it went to court and what did Mark see at the table of the fellow who drove the car that killed his sister….

At the trial, the guy who killed my sister was defended by Progressive’s legal team.

If you are insured by Progressive, and they owe you money, they will defend your killer in court in order to not pay you your policy.

Strangely enough Peter Lewis the Chairman of the Board, biggest stock holder and former CEO has no problem making big payouts to other causes such as $2.5 million to Move On.com and 3 Million to Americans Coming Together (both matched by George Soros) according to Snoops.com

Well, I know where I’m not going to buy my insurance in the future.