Memorial Day
Freedom Wall - World War II memorial, Washington D.C."Only don't tell me that you're innocent. Because it insults my intelligence and it makes me very angry."So, the (evolving) explanation is that although Sestak earlier claimed he was offered a "high-ranking" position - possibly Secretary of the Navy - now it was just a uncompensated advisory board position. Because, you know, ex-Presidents are regularly dispatched to Democratic primary challengers to relay unpaid job offers. And that Thursday lunch with Bill Clinton along with the near-simultaneous phone call to Sestak's brother? Just good old-fashioned gab, not "getting the story straight before the Friday news dump."
In a situation like this [a hypothetical business], the firm has a strong financial incentive to junk its group coverage and dump its workers onto the taxpayer-subsidized plan. Under the new law, firms with more than fifty workers that don’t offer coverage would have to pay an annual fine of $2,000 for every worker they employ, excepting the first thirty. In this case, the security firm would incur a fine of $140,000 (seventy times two), but it would save $610,000 a year on health-care costs. If you owned this firm, what would you do? Unless you are unusually public spirited, you would take advantage of the free money that the government is giving out. Since your employees would see their own health-care contributions fall by more than $1,100 a year, or almost half, they would be unlikely to complain. And even if they did, you would be saving so much money you afford to buy their agreement with a pay raise of, say, $2,000 a year, and still come out well ahead.Sure, it's a win-win for everybody as long as the government picks up the balance of medical expenses. Who will pay for that? Somebody else, as usual.
Since the oil rig exploded, the White House has tried to project a posture that is unflappable and in command.Which is reminiscent of this quote by Harry S Truman:
But to those tasked with keeping the president apprised of the disaster, Obama's clenched jaw is becoming an increasingly familiar sight. During one of those sessions in the Oval Office the first week after the spill, a president who rarely vents his frustration cut his aides short, according to one who was there.
"Plug the damn hole," Obama told them.
When contemplating General Eisenhower winning the Presidential election, Truman said, "He’ll sit here, and he’ll say, 'Do this! Do that!' And nothing will happen. Poor Ike—it won’t be a bit like the Army. He’ll find it very frustrating."Yeah, Obama needs to go all South Side of Chicago on that oil leak. Take that!
Support for repeal of the new national health care plan has jumped to its highest level ever. A new Rasmussen Reports national telephone survey finds that 63% of U.S. voters now favor repeal of the plan passed by congressional Democrats and signed into law by President Obama in March.Wait, but wasn't the strategy of the White House to accelerate the roll-out of health care reforms so that Americans would appreciate this superb piece of legislation? Maybe those who were polled saw this report from the Hill indicating that Obamacare is dissuading small businesses from hiring new workers:
A study by the National Center for Policy Analysis shows that tax credits in the new healthcare law could negatively impact small-business hiring decisions.Oh, and businesses who already have workers? Well, according to today's NY Times, they could be socked with additional penalties:
About one-third of employers subject to major requirements of the new health care law may face tax penalties because they offer health insurance that could be considered unaffordable to some employees, a new study says.A "little noticed provision" deep within a 2,500 bill? Who saw that coming?
The study, by Mercer, one of the nation’s largest employee benefit consulting concerns, is based on a survey of nearly 3,000 employers.
It suggests that a little-noticed provision of the law could affect far more employers than Congress had assumed.