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2009 Medicare Fraud Exceeds $47B November 15, 2009

[Guest post by DRJ] Medicare fraud in 2009 exceeded $47 billion: “The government paid more than $47 billion in questionable Medicare claims including medical treatment showing little relation to a patient’s condition, wasting taxpayer dollars at a rate nearly three times the previous year. Excerpts of a new federal report, obtained by The Associated Press, s […]

Tax Increases Mean Less Revenue: Your Common Sense Guide November 15, 2009

As Congress recklessly moves to enact evermore programs in the face of ever larger deficits, it is only a matter of time before they take up the revenue side of deficit equation: Spending – Tax Revenue = the Deficit. Of course, in response to rising deficits, the Media and the Democrats will reflexively demand tax increases. Republicans, for their part, sim […]

Trial and Terror -- By: Andrew C. McCarthy November 16, 2009

The decision to bring Khalid Sheikh Mohammed and four other top al-Qaeda terrorists to New York City for a civilian trial is one of the most irresponsible ever made by a presidential administration. That it is motivated by politics could not be more obvious. That it spells unprecedented danger for our security will soon become obvious.The five 9/11 plotters […]

FORT HOOD: Stephen Hayes connects the dots…. November 16, 2009

FORT HOOD: Stephen Hayes connects the dots.

POLITICO: CMS: House bill increases health care costs. “Democrats have promised that health reform… November 15, 2009

POLITICO: CMS: House bill increases health care costs. “Democrats have promised that health reform would reduce health care costs, but legislation the House passed last week would increase costs over the next decade by $289 billion. By 2019, health costs would rise to 21.1 percent of GDP compared to 20.8 under current law, according to an actuarial report pr […]

CMS: Democratic bill would *raise* health care costs. November 15, 2009

By almost 300 billion. CMS: House health bill will hike costs $289B The House-approved healthcare overhaul would raise the costs of healthcare by $289 billion over the next 10 years, according to an analysis by the chief actuary at the Centers for Medicare and Medicaid Services (CMS). This would be infuriating, if I had taken seriously in the first place the […]

Report: ObamaCare Would Reduce Care For Seniors November 15, 2009

From the Washington Post: A plan to slash more than $500 billion from future Medicare spending — one of the biggest sources of funding for President Obama’s proposed overhaul of the nation’s health-care system — would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluat […]

Truth and Consequences of Health Care Reform November 15, 2009

The health care reform bill (HR 3962) that just passed the House of Representatives is bad on so many levels it is difficult explain. As it stands, it will destroy the doctor-patient relationship and change the practice of medicine as we know it. We have one of the finest health care systems in the world. It has been built on a foundation of choice. Doctors […]

Worried About Losing Tax Revenue, Congress to Investigate Airlines’ Fees November 14, 2009

The additional fees that irk travelers, for the most part, are not taxed. The government says that fare increases in disguise are costing it extra revenue.

For Holder, much wrestling over decision November 14, 2009

Eric H. Holder Jr. called his order Friday to send the suspected plotters of the Sept. 11 attacks to trial in Manhattan "the toughest decision I've had to make as attorney general." But what the nation's chief law enforcement officer did not lay bare for public consumption was the four months of ...

A National Crisis?

Posted on March 11, 2009 by Al

What do you make of the fact that 50% of all home foreclosures last year happened in only 35 United States counties clustered in about 7 States?

Does it make you wonder whether this is a National Crisis or not?
It sure makes me feel that way.
Eventually, the responsible people of this country are going to learn [...]

Filed under: Economics | Tagged: bailout, big government, Boyz in the Hood, Capitalism, Democrats, dumb politicians, economy, foreclosures, Furious Styles, mortgage, obama, Politics, radical left, socialism, stimulus, Tax | Leave a Comment »

Rockin’ and a-rollin’, splishin’ and a-splashin’.

Posted on March 5, 2009 by Al

So have you heard about the Tea Party phenomenon that’s been sweeping the nation? Maybe “sweeping” is too “American Bandstand” for you, but there’s definitely a movement afoot in towns and cities across the nation to protest the abominable government spending programs enacted recently by the Obama administration.
Here’s a Foxnews report:

And [...]

Filed under: Economics, Tax, Uncategorized | Tagged: big government, economy, mortgage, obama, Rick Santelli, schoolhouse rock, socialism, Tax, tea party | Leave a Comment »

What’s a thing worth?

Posted on February 21, 2009 by Al

Whatever price the market will bear.
The rest is all fluff.
So why not let the housing market find it’s own solution? We’ve got lots of people apparently struggling to make payments on houses that are no longer worth as much as the outstanding loans. While this may be a sad case for the individuals involved, it’s [...]

Filed under: Economics, Politics | Tagged: bailout, big government, borrower, Capitalism, Democrats, dumb politicians, economy, housing, lender, mortgage, obama, Politics, radical left, risk, socialism, subprime, Tax | Leave a Comment »

Whatever you say, dude.

Posted on February 15, 2009 by Al

What a shyster, this Obama is, huh? He ran a campaign promising vague “change” that we should “hope” for (or was it ”hope” we could ”believe” in? ”Belief” we should ”change” for? I get confused) with nary a plan of any specificity whatsoever. Now he’s chiding us for having unrealistic expectations. Well, by “us” I mean the people who voted [...]

Filed under: Economics, obama | Tagged: big government, economy, foreclosure, mortgage, obama, Politics, socialism | 3 Comments »

Quickly, while nobody’s looking!

Posted on February 7, 2009 by Al

Lunatics, all of them.
Feb. 5 (Bloomberg) – Fannie Mae, the mortgage-finance company under U.S. government control, will loosen rules for homeowners seeking to lower their loan payments by refinancing.
Fannie Mae will drop some credit-score requirements, reduce income-documentation standards and waive the need for appraisals in some cases, according to a notice yesterday to lenders posted on the Washington-based [...]

Filed under: Culture, Economics | Tagged: big government, dumb politicians, economy, housing, mortgage | 1 Comment »

Dog bites man.

Posted on January 27, 2009 by Al

Decrease in home prices leads to increase in home sales.
Who’da thunk it, huh?
Lots of what’s going into current home pricing is the mistaken belief that the home is worth as much today as it was 2 years ago. No pricing in a free market system works like that, why should home pricing?
There is no intrinsic [...]

Filed under: Economics | Tagged: Capitalism, housing market, mortgage | Leave a Comment »

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