Tag Archives: boondoggle

Sep 29

ObamaCare Socialized Medicine Increased Health Costs

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That doesn’t surprise me at all. Socialism isn’t cheap and always comes in over budget and no matter how much the government takes, it’s never enough. That is an undeniable truth.

The signature legislation of the Obama Administration, the Affordable Care Act, came under damaging assault Wednesday from a Kaiser Family Foundation survey that found it has already partially contributed to increasing health care costs.

The Kaiser survey helps to shed some light on why so few employers are hiring, as health care costs for employers are spiraling upwards.

The survey found that insurance premiums rose by 9 percent in 2011. Healthcare costs for a single worker went up on average from $5,049 to $5,429, and for a family, costs rose from $13,770 to $15,073, on average. Read the rest

This was planned and reeks of Cass Sunstein via Barack Obama. They want, and have stated so publicly, complete socialized, single-payer, government-run healthcare and most Americans do not. So what better way to get what you want than to make regular insurance unaffordable? No, that’s not a crazy conspiracy theory, that’s what they are doing. That was the plan from day one. Don’t believe me oh simple fool? Here’s what a member of congress had to say:

Sep 29

Definition of Insanity: Obama administration approves 2 solar loans worth $1B

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Like I said before, this president never ceases to amaze me. Didn’t we just have some hearings and investigations regarding Solyndra? And here they go again, wasting more money on failed green projects. If they (Green business) can’t make it conventionally, too bad, I guess they don’t. But here’s the government propping it up again in spite of the fact that the overwhelming majority oppose this. Oh silly me. When has this regime ever listened to the will of the people?

WASHINGTON (AP) — The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration’s green energy program.

Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant near Phoenix.

The loans were approved under the same program that paid for a $528 million loan to Solyndra Inc., a California solar panel maker that went bankrupt after receiving the money and laid off 1,100 workers. Solyndra is under investigation by the FBI and is the focal point of House hearings on the program. Read the rest

But wait! It gets better. There is even more corruption in this latest billion dollar boondoggle that leads to the top-tier of government. Oh yes indeed. The swamp has not been drained, the only way to drain it, get rid of the Democrats. That’s coming up in a post late this afternoon. If you have any sense of decency, you’ll be floored.

Mar 25

10 Things I bet you didn’t know about Obamacare

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I picked this up from The Blaze this morning. Figured I’d help spread the word:

1. Did you know that . . . since Jan. 1 of this year (2011), you cannot use your flex-account at work (FSA) or health savings account (HSA) to purchase over-the-counter medicines?

2. Did you know that . . . since July 1 of last year (2010), Americans have been paying a 10 percent excise tax on all indoor tanning services?

3. Did you know that . . . starting in 2018, if your health insurance is “too good” you will incur a new 40 percent tax on your health plan?

4. Did you know that . . . Obamacare has 21 new or higher taxes in it, totaling over $500 billion in increased taxes going to the government?

5. Did you know that . . . beginning in 2014, individuals and families that do not purchase “qualifying” – as defined by federal bureaucrats — health insurance will be forced to pay a yearly tax penalty?

6. Did you know that . . . 7 tax hikes in Obamacare directly break President Obama’s “firm pledge” not to raise any form of taxes on individuals making less than $200,000 per year and families making less than $250,000 per year?

7. Did you know that . . . the capital gains tax rate under Obamacare will rise to 23.8 percent starting in 2012? That is a 59 percent increase from its current rate.

8. Did you know that . . . in 2013, those Americans facing the highest medical bills and the least ability to pay for them will find their ability to deduct medical expenses is further limited (medical expenses must be reduced by 10 percent of income under Obamacare, rather than current law’s 7.5 percent)

9. Did you know that . . . beginning in 2014, businesses with over 50 employees will be forced to offer health coverage for everyone, or pay a hefty tax for each employee?

10. Did you know that . . . in 2013, Obamacare caps the amount individuals and families can put in their flexible savings accounts at $2500? Currently there is no cap and these accounts are used for a myriad of health expenses including paying upwards of $14,000 in tuition to special needs schools for some parents?