Friday, July 31, 2009

The Folly Of Profit Or All Profit Is Bad And Lie With Statistics.

Give it to them. Yeah give it to them. President Obama states in a 7/22/09 press conference "(Health) insurance companies making record profits, right now. At a time when everybody's getting hammered, they're making record profits, and premiums are going up." I have recently read reports that Aetna (who last I knew was a health insurance company) had a 28% drop in profits this past quarter. They have had higher than expected medical claims - probably due to the fear that the public has that their medical coverage will be ruined with the current Obamacare plan (thus they running to get things done) that is being pushed onto the public against their will. How can you state that there is record profits in the industry at this time?
I recently wrote to Congressperson DeLauro expressing my disgust with Obamacare. Part of her canned email response: "Thank you for contacting me regarding health care reform. I appreciate hearing your views on this important issue.
Even for those with coverage, surging health care costs are eating up more and more of the family budget. In the last eight years, the average family premium in Connecticut has gone up 87 percent. That is the cost of doing nothing.
Before the recession, there were 46 million people with no health coverage in the U.S.-326,000 in Connecticut. Now, an estimated 14,000 people nationwide lose coverage every day. In these difficult times, even people who once felt secure are now worried about losing coverage or being unable to afford the care they need. And those who do have coverage are paying more each year for fewer and fewer benefits."

Thus if 46 million are supposedly without coverage then 280 million Americans have coverage of some sort. Or 84% of the country has health coverage and 16% does not. In our state it amounts to less than 8% of the population. Where are the 14,000 who are losing coverage daily? What is the source? What benefits have been cut and from what policies? Does Obamacare limit what lawyers can sue in a malpractice suit which has driven our medical costs through the roof rather than Doctors, insurance companies and pharmaceutical companies?
I continue to be skeptical of the socialized health care and vehemently oppose it. We are being fed lies by a Congress and Administration which has conveniently exempted themselves from this plan. Enough is enough. Just say no to this bill and nationalized health care.

Wednesday, July 29, 2009

Just Say No To Government Run Health Care - Congress Does Not Want It Either

We can all say no to Obamacare, to nationalized, socialized, bureaucratic health care. Congress has already by exempting themselves from it in their bill. So why do we as taxpayers must accept this ill conceived and poor socialistic health care plan? What is the point? This plan will not lower costs, only increase them and increase the national debt. This plan will take away freedom of choice in how you choose both your Doctors and coverage. This plan takes away any element of patient confidentiality as a government czar will have access to your medical records. This plan hinders any type of medical research and medical technology advancements. This plan further increase taxes for anyone who works for a living in our economy. This plan damages businesses by increasing their operating costs to provide health care coverage and will ultimately lead to a loss of jobs. This plan is socialist and goes against everything our country was founded upon.
Yes, we can all say no to this horrible change being forced upon us. Write, call, email your Congressperson today and voice your disgust of this sickening health care plan that they have exempted themselves from.

Tuesday, July 28, 2009

Deal - What Deal? Dodd Does Not Know?

I have to laugh at the debacle of Senator Chris Dodd. New and more damaging information comes out from a Countrywide official that Dodd knew he was getting a sweetheart mortgage deal. Yes he knew according this official. Immediately going further into crisis mode, the Dodd camp continues to deny knowing anything.
Are you really going to believe that? Are taxpayers and voters in Connecticut that stupid that the head of the Senate Banking Committee did not know he was getting a special friends deal? Is he that ignorant of the facts? If he is that ignorant how can he be functioning as our Senator? And as head of the Senate Banking Committee? I can see how Dodd has help to erode our economy in his position.
This debacle has gone on long enough. Why are taxpayers still supporting Dodd? Why is he still our Senator? Why is there no investigation going on here in Connecticut by our public officials who supposedly guard us from these issues (i.e., Attorney Generals Office)? Why not a recall election this year so he can be voted out of office instead of 2010?
Ethics is lacking in Washington, Chris Dodd's actions speak for this. It is time for Dodd to resign.

Saturday, July 25, 2009

And The Debate Rages On And On

And the debate rages on and on, it never seems to end. What more can government give to its people? How much more in new taxes can we charge taxpayers before they give up working? And the debate rages on and on. It is comical to read about Connecticut's budget debacle. They are no closer to resolving lowering spending along with no new taxes than they were in January. But hey who cares? Certainly not the Democratic super majority. They have other things to worry about, like showing the voting public everything they have done for them. Huh?
Equally comically is the debacle in Washington where we see Chris Dodd everywhere again (I guess the thought of losing his power is freighting to him and his family), a debacle of a health care bill which in my opinion economically will bankrupt our country and last but not least a cap and trade bill which should a boom for Al Gore and his new company.
And the debate rages with a new Congress being elected in 2010 and hopefully actual representation for those who work for a living coming into being again. Hopefully the Dodds, the Schumers, the Franks will all be gone in 2010 and we can see change occur once again. Hope is on the horizon.

Saturday, July 18, 2009

Economic Depression = Nationalized Health Care

Sorry Larry Summers, economic depression equals nationalized health care. You can Google it if you want. I will try it. Keep spinning a $20 trillion dollar national debt that your administration is creating through a failed economic stimulus package. Throw in a massive tax increase during your economic depression to pay for a miserably conceived, irrational, nationalized health care package (in a bill that again will not be read by those in Congress voting on it). You have an economic depression. It is your administration's making due to reckless, out of control spending and tax increases.
Liberals and especially liberal economists just do not understand that by throwing money at everything along with higher taxes does not solve anything economically. It did not solve the FDR depression nor did the LBJ Great Society social welfare spending program solve anything. Three economic programs by this administration, the stimulus that is not working, cap and trade which will raise taxes and benefit Al Gore's new company and a horrific health care program which will ultimately lead to rationing of health care will help us to national economic ruin.
The free markets need to exist in order for our economy to get moving again. Poorly managed companies like GM and AIG needed to go bankrupt and the self correcting mechanisms of capitalism needed to be operating. Lowering taxes will do more to get people back to work than meaningless, taxpayer funded, work programs.
Sorry in my economics text economic depression does equal nationalized health care.

Tuesday, July 14, 2009

How Does An Administration Misread The Economy?

How does an administration misread the economy? I am curious by the statement made by the Vice President. After all I thought the media glorified all of the economic advisors picked by this administration especially the Treasury Secretary (who obviously can not be bothered by paying taxes). I thought that according to the administration, the massive, unread stimulus package was supposed to create $1.50 in economic growth for each $1 spent. Anyone taking my basic economic classes would understand that this is not possible economically. Government at any level does not create economic growth nor does it create jobs which are economical to the taxpayer.
Taxpayers may now see the economic stimulus bill as what it really was, a way to create political leverage, payouts and pork along with a massive increase in the national debt. And with a net result of no new jobs, little if any economic growth and massive increases in taxes for the long run. The private sector is much better suited to create jobs not a massive pork stimulus bill. Again I ask, how does an administration misread the economy?

Sunday, July 12, 2009

How Will Jobs Be Created In Our Economy?

I wonder, how will jobs be created in our economy in the future? I wonder what industries will be able to overcome massive governmental intervention in the future and be able to create jobs? I wonder why we have this massive amount of liberal, socialistic intervention in our economy over the past six months and see absolutely no improvement in our economy especially when it comes to jobs?
Economic lies are being spun in my economic opinion. Our federal government can not spend its way out of our current recession nor can it create jobs, nor can monies trickle up in our economy. A wiser economic stimulus package could have been to lower tax rates, eliminate the tax on dividends, interest and capital gains and to really cut governmental spending. In our current recession millions of taxpayers are forced to cut their spending, thus why can not government at all levels cut theirs?
Again I ask the question, how will jobs be created in our economy in the future? They will not be created with excessive taxes, excessive costs for energy, a socialistic health care plan and a $15 trillion dollar national debt. Our current Administration along with our current Congress are truly economically lost except for their own personal financial gain that they are able to manipulate on the backs of taxpayers.

Wednesday, July 08, 2009

A Sensible Connecticut Budget

Can there be a sensible Connecticut budget that does not include raising taxes and forcing more business and industry to move out of our state? I do not know the answer to this issue. I do know that taxpayers in Connecticut have had enough of the smoke screens thrown by the super majority Democrats in Hartford. It becomes boring each and every fiscal year to hear the same stale arguments that no spending can be cut, but only taxes can be raised in order to keep up our fiscal irresponsibility as a government.
If anything, the Democrats could have taken a leadership role by atcually cutting spending and cutting taxes in order to stimulate the economy. They choose only to continue to stimulate their political self interest and self gain abiding by no set of ethics or reagrd for the people they supposidly represent. Sadly, we will have a misguided budget with high taxes and misplaced priorities. Another non sensible budget. How boring.

Saturday, July 04, 2009

Happy 4th of July and Thank you

Happy 4th of July-
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Thank you to the following 56 brave men who helped to secure our freedom:
God Bless America.

Button Gwinnett
Lyman Hall
George Walton
William Hooper
Joseph Hewes
John Penn
Edward Rutledge
Thomas Heyward, Jr.
Thomas Lynch, Jr.
Arthur Middleton
John Hancock
Samuel Chase
William Paca
Thomas Stone
Charles Carroll
George Wythe
Richard Henry Lee
Thomas Jefferson
Benjamin Harrison
Thomas Nelson, Jr.
Francis Lightfoot Lee
Carter Braxton
Robert Morris
Benjamin Rush
Benjamin Franklin
John Morton
George Clymer
James Smith
George Taylor
James Wilson
George Ross
Caesar Rodney
George Read
Thomas McKean
William Floyd
Philip Livingston
Francis Lewis
Lewis Morris
Richard Stockton
John Witherspoon
Francis Hopkinson
John Hart
Josiah Bartlett
William Whipple
Samuel Adams
John Adams
Robert Treat Paine
Elbridge Gerry
Stephen Hopkins
William Ellery
Roger Sherman
Samuel Huntington
William Williams
Oliver Wolcott
Matthew Thornton