What happened to all of the doom and gloom economic threads?

[Busybody]

Thune Introduces Bill to Ensure Unions Don’t Get Obamacare Exemption


As unions have gradually realized the effects the president’s health-care law would have on their members, they have begun to campaign for certain changes to the law.

A bill introduced today by Senator John Thune (R., S.D.) would ensure the unions didn’t receive any Obamacare exemptions.

“Despite championing ObamaCare’s passage in 2010, union leaders are now awaking to the ugly reality of ObamaCare that most Americans have predicted all along, including higher health care costs,” Thune said in a statement. “Now that the full consequences of the Democrats’ law are nearing, these same union leaders are seeking a special backroom deal from the White House.”

“Rather than take hard-earned money from taxpayers to subsidize union health care plans, the Obama administration should give all Americans a break by permanently delaying this train wreck,” Thune added.

Right now, it appears that union health-care plans would not be eligible for taxpayer subsidies under Obamacare.

At the AFL-CIO conference in Los Angeles yesterday, Obama-administration official Valerie Jarrett told members the administration was aware of their concerns about Obamacare. “We intend to work to solve those problems big and small and we are committed to sitting down in good faith and working on solutions,” Jarrett said, according to the Hill.

 

[Busybody]

The FRAUD continues



Treasury: Debt Up $0 in August; CBO: But Deficit Was $146B



(CNSNews.com) - The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month.

Total federal receipts were $185 billion during August, according to the CBO, while total federal outlays were $331 billion. Thus, the Treasury was forced to engage in $146 billion in deficit spending.

Despite this deficit spending, the Treasury reported that at the close of every single business day in August, the federal debt subject to a legal limit by Congress remained exactly $16,699,396,000,000.

That is approximately just $25 million below the legal limit on the debt that is $16,699,421,095,673.60

If the federal debt had climbed by the same $146 billion that the deficit climbed in August, it would have exceeded the legal limit by almost $146 billion.

In fact, according to the Daily Treasury Statements that the Treasury publishes at 4:00 p.m. on each business day, the debt subject to the legal limit has remained at exactly $16,699,396,000,000--or about $25 million below the legal limit--every day since May 17.

With the release of the Daily Treasury Statement for Sept. 6 (which occurred at 4:00 p.m on Sept. 9), that makes 112 days that, according to the U.S. Treasury, the debt has been stuck at $16,699,396,000,000.

The CBO reported today said that in addition to a $146 billion deficit in August, the Treasury also ran a $98 billion deficit in July, and that in the first eleven months of fiscal 2013 (October through August) the federal government has run a cumulative $753 billion deficit.

Back on May 17--when the Treasury said the debt first hit $16,699,396,000,000--Treasury Secretary Jack Lew sent House Speaker John Boehner a letter indicating that the Treasury would begin using “extraordinary measures” to allow the government to continue borrowing money without exceeding the legal limit of $16,699,421,095,673.60.

“In total, the extraordinary measures currently available free up approximately $260 billion in headroom under the limit, as described below,” said an appendix to Lew’s letter.

Among the “extraordinary measures” Lew said he could take to create this “headroom” under the debt limit were: 1) not investing new money from the Civil Service Retirement and Disability Fund (CSRDF) in U.S. Treasury securities, which he said would create $6.4 billion in “headroom” per month, 2) not reinvesting $58 billion ion Treasury Securities held by the CSRDF that would be maturing and not reinvesting $16 billion in interest owed to the fund, which would create $74 billion in headroom, 3) suspending the routine daily reinvestment of $160 billion in special Treasury securities held by the Federal Employees’ Retirement System Thrift Savings Plan, which would create another $160 billion in headroom, and 4) suspending the routine daily reinvestment of Treasury securities held by the government’s own Exchange Stabilization Fund, which would create another $23 billion in headroom.

On Aug. 26, Lew sent Boehner another letter stating: "Based on our latest estimates, extraordinary measures are projected to be exhausted in the middle of October."

Between now and then, Congress will need to approve legislation to fund the government past the end of the fiscal year on Sept. 30, decide whether to permit Obamacare funding in that legislation, and decide whether to authorize President Obama to use military force in Syria.

During that time, if Lew's prediction to Boehner is correct, the Treasury will be able to use "extraordinary measures" to keep the federal debt from rising even as little as $25 million.
..- See more at: http://cnsnews.com/news/article/ter...ust-cbo-deficit-was-146b#sthash.NrAbEfWU.dpuf

 

[Busybody]

SUDDENLY, THEY’RE NOTICING THAT OBAMACARE ISN’T LIVING UP TO THE HYPE: WaPo: Left behind: Stories from Obamacare’s 31 million uninsured.

 

[RobDownSouth]

SUDDENLY, THEY’RE NOTICING THAT OBAMACARE ISN’T LIVING UP TO THE HYPE: WaPo: Left behind: Stories from Obamacare’s 31 million uninsured.

Good morning, racist!

From the article you referenced, but were too chickenshit to link to:

Those left out include undocumented workers and poor people living in the 21 states, such as Virginia, that have so far declined to expand Medicaid under the statute, commonly called Obamacare.

The number of uninsured in America drops a dramatic 50%, but that's not good enough for J-w.

It seems the folks left behind fall into two categories:
1. Undocumented workers
2. Poor people in Republican states.

The law specifically excludes the first group, because J-w and your fellow fringe Rapepublicans specifically banned them from coverage (even though you lied like a dog afterwards and claimed otherwise).

The second group is a bit sadder. Retards vote in Rapepublicans, who do everything in their power to restrict health care to poor people at the state level, and then fuckweasels such as yourself trumpet this as a failure of Obamacare when it's actually Medicaid coming up short.

In summary, fuck you.

 

[Busybody]

I thought I was on IGGY

 

[mercury14]

I thought I was on IGGY

If Obamacare is so bad at covering people why do you have to count other countries' citizens as uninsured Americans?

 

[Busybody]

If Obamacare is so bad at covering people why do you have to count other countries' citizens as uninsured Americans?

take your shit to the SHORT BUS people

 

[RobDownSouth]

If Obamacare is so bad at covering people why do you have to count other countries' citizens as uninsured Americans?

Because it fits his Narrative.

 

[richard_daily]

take your shit to the SHORT BUS people

He just did. You failed to answer.

 

[koalabear]

Good morning, racist!

From the article you referenced, but were too chickenshit to link to:



The number of uninsured in America drops a dramatic 50%, but that's not good enough for J-w.

It seems the folks left behind fall into two categories:
1. Undocumented workers
2. Poor people in Republican states.

The law specifically excludes the first group, because J-w and your fellow fringe Rapepublicans specifically banned them from coverage (even though you lied like a dog afterwards and claimed otherwise).

The second group is a bit sadder. Retards vote in Rapepublicans, who do everything in their power to restrict health care to poor people at the state level, and then fuckweasels such as yourself trumpet this as a failure of Obamacare when it's actually Medicaid coming up short.

In summary, fuck you.

Obamacare is not in effect yet Fatty, what caused the drop?

 

[Busybody]

Medical Device Manufacturer

Lays off 1000 peeps

Cause of NIGGERCARE tax

 

[koalabear]

Medical Device Manufacturer

Lays off 1000 peeps

Cause of NIGGERCARE tax

You sure it's just not a case of everyone suddenly getting healthier?

 

[RobDownSouth]

Obamacare is not in effect yet Mr. Downsouth, what caused the drop?

State exchanges are coming online, you stupid son of a bitch.

The previously "uninsurable" now can obtain coverage. The full provisions kick in on January 1st, 2014 and hopefully you will be able to obtain that badly needed mental health care you've been denied for so long.

Derp

 

[koalabear]

State exchanges are coming online, you stupid son of a bitch.

The previously "uninsurable" now can obtain coverage. The full provisions kick in on January 1st, 2014 and hopefully you will be able to obtain that badly needed mental health care you've been denied for so long.

Derp

Another quality answer from Fatty. Oh and we didn't have the same mother.

 

[Busybody]

State exchanges are coming online, you stupid son of a bitch.

The previously "uninsurable" now can obtain coverage. The full provisions kick in on January 1st, 2014 and hopefully you will be able to obtain that badly needed mental health care you've been denied for so long.

Derp

Why so SYRIA....us?

 

[Busybody]

Obamacare Regulations Hits 10,516 Pages, 8 Times Longer Than The Bible…




Overbearing government regulations, a Dem specialty.


(CNSNews.com) – Since March 2010, when President Barack Obama signed the Patient Protection and Affordable Care Act (PPACA) and its companion Health Care and Education Reconciliation Act (HCERA), the administration has published in the Federal Register 109 final regulations governing how Obamacare will be implemented.

These regulations add up to 10,516 pages in the Federal Register—or more than eight times as many pages as there are in the Gutenberg Bible, which has 642 two-sided leaves or 1,286 pages.

Using the regulations.gov website and the Federal Register itself, CNSNews.com found 109 distinct regulations for the implementation of PPACA and the health-care related provisions of HCERA that had been finalized by various federal agencies and published in the Federal Register as of Sept. 9, 2013.

The Federal Register publishes documents, including proposed rules, notices, interim rules, corrections, drafts of final rules and final rules. But the CNSNews.com tabulation included only final rules for the implementation of Obamacare.

 

[Busybody]

Top Obama Supporting Union AFL-CIO Moves To Formally Criticize Obamacare…




Keep in mind the AFL-CIO spent millions to help pass the law.


LOS ANGELES — Unions, after a contentious and difficult process, are on the cusp of issuing formal criticism of ObamaCare at the AFL-CIO convention.

The AFL-CIO Executive Council is expected to consider a resolution, subject to fierce internal debate, that will call for changes to the Affordable Care Act (ACA) — setting up a potential floor vote this Wednesday before the convention closes. Frustration has grown within labor as the Obama administration has failed to offer a fix to temper union worries over the law.

A copy of the draft resolution, obtained by The Hill, praises aspects of ObamaCare and states that the AFL-CIO supports the law’s goal of providing healthcare coverage for all. But the four-page document lays out a laundry list of complaints against ObamaCare — at times taking aim at the administration.

The draft resolution says that “federal agencies administering the ACA” are “threatening the ability of workers to keep health care coverage through some collectively bargained, non-profit health care funds” under their interpretation of the law.

 

[RobDownSouth]

Why so SYRIA....us?

J-w so funny!

 

[koalabear]

Top Obama Supporting Union AFL-CIO Moves To Formally Criticize Obamacare…




Keep in mind the AFL-CIO spent millions to help pass the law.


LOS ANGELES — Unions, after a contentious and difficult process, are on the cusp of issuing formal criticism of ObamaCare at the AFL-CIO convention.

The AFL-CIO Executive Council is expected to consider a resolution, subject to fierce internal debate, that will call for changes to the Affordable Care Act (ACA) — setting up a potential floor vote this Wednesday before the convention closes. Frustration has grown within labor as the Obama administration has failed to offer a fix to temper union worries over the law.

A copy of the draft resolution, obtained by The Hill, praises aspects of ObamaCare and states that the AFL-CIO supports the law’s goal of providing healthcare coverage for all. But the four-page document lays out a laundry list of complaints against ObamaCare — at times taking aim at the administration.

The draft resolution says that “federal agencies administering the ACA” are “threatening the ability of workers to keep health care coverage through some collectively bargained, non-profit health care funds” under their interpretation of the law.

Well that's what Trumka wanted.

 

[Ulaven_Demorte]

Government banks $15 billion on Citigroup bailout

FORTUNE -- Congratulations, taxpayers. Your Citigroup bailout is finally over.
On Monday, the Federal Deposit Insurance Corp. said it was selling $2.4 billion in Citi bonds. The bank debt is the last remaining piece of Citi (C) that is owned by any government agency tied to the bailout of the firm in the wake of the financial crisis five years ago. The FDIC got the bonds in return for insurance it provided Citi in late 2008 against losses on $301 billion worth of toxic investments.


http://finance.fortune.cnn.com/2013/09/10/government-citigroup-bailout/?iid=HP_LN

A cool $15 billion in profit on a $301 billion investment. An investment that they didn't even have to pay out.

Thank you and good night.

 

[RobDownSouth]

Government banks $15 billion on Citigroup bailout

FORTUNE -- Congratulations, taxpayers. Your Citigroup bailout is finally over.
On Monday, the Federal Deposit Insurance Corp. said it was selling $2.4 billion in Citi bonds. The bank debt is the last remaining piece of Citi (C) that is owned by any government agency tied to the bailout of the firm in the wake of the financial crisis five years ago. The FDIC got the bonds in return for insurance it provided Citi in late 2008 against losses on $301 billion worth of toxic investments.


http://finance.fortune.cnn.com/2013/09/10/government-citigroup-bailout/?iid=HP_LN

A cool $15 billion in profit on a $301 billion investment.

Thank you and good night.

<vettemode>
Pfft....Negro President. Doesn't Count.
</vettemode>

 

[Sean Renaud]

Government banks $15 billion on Citigroup bailout

FORTUNE -- Congratulations, taxpayers. Your Citigroup bailout is finally over.
On Monday, the Federal Deposit Insurance Corp. said it was selling $2.4 billion in Citi bonds. The bank debt is the last remaining piece of Citi (C) that is owned by any government agency tied to the bailout of the firm in the wake of the financial crisis five years ago. The FDIC got the bonds in return for insurance it provided Citi in late 2008 against losses on $301 billion worth of toxic investments.


http://finance.fortune.cnn.com/2013/09/10/government-citigroup-bailout/?iid=HP_LN

A cool $15 billion in profit on a $301 billion investment. An investment that they didn't even have to pay out.

Thank you and good night.

<vettemode>
Pfft....Negro President. Doesn't Count.
</vettemode>

The RWCJ has me very confused as of late. Didn't Bush bail out the banks not Obama? Shouldn't we be giving credit to the Communist in Cheif that was G.W.?

 

[Busybody]

Unions, Nearly Everyone Else Hates Obamacare



Some union leaders have publicly called for Obamacare’s full repeal, according to that notorious right-wing megaphone, the New York Times.


“If the Affordable Care Act is not fixed and it destroys the health and welfare funds that we have fought for and stand for, then I believe it needs to be repealed,” said Terence M. O’Sullivan, president of the Laborers’ International Union of North America. “We don’t want it to be repealed. We want it to be fixed, fixed, fixed.




“We’ve had our asses kicked on retirement security and we know our health funds are under siege,” he added. “We ask the president and Congress to do the right thing for the men and women we represent.”

The “right thing” here being, repeal.


The resolution asserts that the law, by offering tax credits to workers seeking insurance from for-profit and other companies in the exchanges, will place some responsible employers at a competitive disadvantage and destabilize the employment-based health care system.

The administration and health officials have repeatedly tried to assure critics that the legislation will not encourage companies to dump workers from employer-based plans into newly created health insurance exchanges, even if the employer-based coverage stands out as more generous and therefore more expensive for companies and even municipalities.

That’s exactly where we are right now. Trader Joe’s is just the latest national brand to announce that Obamacare is forcing it to dump its part-time workers onto the exchanges. Workers who still have employer-based health coverage remain, for the most part, terrified that Obamacare will end up causing them to lose their health insurance, too. Obamacare is Godzilla to the American family’s health insurance Tokyo. That beast must be brought down.




I especially like the line in that clip: “God must be punishing me for being ambitious.” That’s not God, it’s the Obama administration.

Outside Big Labor, concerns about Obamacare have grown to the point that just 39% support keeping it as is, according to a CNN poll. 57% want some or all of Obamacare junked.

So, GOP, get on with it. Obama probably can’t get much weaker than his foolish decisions have made him now. Pin Harry Reid’s ears back and make him choose. Kill the beast before it destroys us all.

 

[koalabear]

Unions, Nearly Everyone Else Hates Obamacare



Some union leaders have publicly called for Obamacare’s full repeal, according to that notorious right-wing megaphone, the New York Times.


“If the Affordable Care Act is not fixed and it destroys the health and welfare funds that we have fought for and stand for, then I believe it needs to be repealed,” said Terence M. O’Sullivan, president of the Laborers’ International Union of North America. “We don’t want it to be repealed. We want it to be fixed, fixed, fixed.




“We’ve had our asses kicked on retirement security and we know our health funds are under siege,” he added. “We ask the president and Congress to do the right thing for the men and women we represent.”

The “right thing” here being, repeal.


The resolution asserts that the law, by offering tax credits to workers seeking insurance from for-profit and other companies in the exchanges, will place some responsible employers at a competitive disadvantage and destabilize the employment-based health care system.

The administration and health officials have repeatedly tried to assure critics that the legislation will not encourage companies to dump workers from employer-based plans into newly created health insurance exchanges, even if the employer-based coverage stands out as more generous and therefore more expensive for companies and even municipalities.

That’s exactly where we are right now. Trader Joe’s is just the latest national brand to announce that Obamacare is forcing it to dump its part-time workers onto the exchanges. Workers who still have employer-based health coverage remain, for the most part, terrified that Obamacare will end up causing them to lose their health insurance, too. Obamacare is Godzilla to the American family’s health insurance Tokyo. That beast must be brought down.




I especially like the line in that clip: “God must be punishing me for being ambitious.” That’s not God, it’s the Obama administration.

Outside Big Labor, concerns about Obamacare have grown to the point that just 39% support keeping it as is, according to a CNN poll. 57% want some or all of Obamacare junked.

So, GOP, get on with it. Obama probably can’t get much weaker than his foolish decisions have made him now. Pin Harry Reid’s ears back and make him choose. Kill the beast before it destroys us all.

They just need more shovel ready union jobs.

 

[koalabear]

Billy Clinton bashing obamacare! Millions of dependents will have no coverage!

Just pass the bill, no need to read it.