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

[koalabear]

'It's degrading': Bankrupt New England mill town offers Detroit a bleak preview

“We do nothing anymore,” Laurie said. “We can’t afford to go out and eat, we can’t afford shopping, we have no hobbies, we can’t travel. We’re basically stuck in our house.”

As a result, Flanders proposed cutting back on pension payments and health insurance for retired workers, asking former police and firemen to take a 55 percent cut to their annual pensions. During negotiations to avoid further litigation, the state agreed to allocate $2.6 million for pensions in Central Falls, allowing retired policemen and firefighters to keep 75 percent of their pensions for the first five years after the city filed for bankruptcy. In 2016, pensions will again be cut to 55 percent.

http://inplainsight.nbcnews.com/_ne...detroit-a-bleak-preview?lite&ocid=msnhp&pos=1

 

[Busybody]

Detroit is fine

they are building a $500 million HOCKEY ARENA

let them eat HOCKEY PUCKS

 

[koalabear]

Detroit is fine

they are building a $500 million HOCKEY ARENA

let them eat HOCKEY PUCKS

Puck them.

 

[Busybody]

Howard Dean Admits Obamacare Death Panels Exist, IPAB “Is Essentially A Health Care Rationing Board”…




Via Howard Dean, WSJ:


. . . The administration’s decision to delay implementation of the employer mandate until 2015 will help funnel individuals and families who do not get insurance through their employer into the exchanges. While this may benefit the participating insurers in the short term, this also accelerates the trend toward divorcing health care from employment. This is not a radical idea, and was even proposed by Sen. John McCain in his 2008 presidential campaign. That development will lead to the end of job lock for workers and contribute to a more competitive American business community in the longer run.

That said, the law still has its flaws, and American lawmakers and citizens have both an opportunity and responsibility to fix them.One major problem is the so-called Independent Payment Advisory Board. The IPAB is essentially a health-care rationing body. By setting doctor reimbursement rates for Medicare and determining which procedures and drugs will be covered and at what price, the IPAB will be able to stop certain treatments its members do not favor by simply setting rates to levels where no doctor or hospital will perform them.

There does have to be control of costs in our health-care system. However, rate setting—the essential mechanism of the IPAB—has a 40-year track record of failure. What ends up happening in these schemes (which many states including my home state of Vermont have implemented with virtually no long-term effect on costs) is that patients and physicians get aggravated because bureaucrats in either the private or public sector are making medical decisions without knowing the patients. Most important, once again, these kinds of schemes do not control costs. The medical system simply becomes more bureaucratic.

The nonpartisan Congressional Budget Office has indicated that the IPAB, in its current form, won’t save a single dime before 2021. As everyone in Washington knows, but less frequently admits, CBO projections of any kind—past five years or so—are really just speculation. I believe the IPAB will never control costs based on the long record of previous attempts in many of the states, including my own state of Vermont.

 

[Busybody]

oops


Obama Campaign Leaves Economy Out Of “Action August” Agenda…




Wait, did they forget to pivot?

Via Daily Caller:


Organizing for Action, the nonprofit organization assembled from the remnants of President Obama’s 2012 re-election campaign, is pushing for the president’s second-term agenda during a month-long “Action August” of advocacy and fundraising — but don’t expect to hear about the economy.

Beginning on Obama’s birthday, August 4, OFA will spend the month promoting the administration’s top issues ahead of the 2014 midterm elections: the benefits of enrolling early in Obamacare (August 4), immigration reform (August 5), climate change (August 13), gun control (August 21), and immigration reform again (August 31).

“I’ve always said that running for office is not just about getting elected. I believe in winning. Winning’s good. But you run for office and you win so that you can actually get things done. All right? It’s the beginning, and not the end of a process,” Obama said in his recent speech at the OFA summit in Washington, D.C., a video of which was sent to supporters Sunday to rally support for “Action August.”

“I’ve got a little over twelve hundreds days left in office. I am going to spend every waking minute of every one of those days thinking about, and then acting upon, any good ideas out there that are going to help ordinary Americans succeed,” Obama said in the speech, again noting how many days he has left in office. “Thank you very much, OFA. I love you guys. Are you still fired up?,” he added, echoing a 2012 campaign rally mantra.

 

[koalabear]

'It made me feel ashamed': Poor moms' anguish over diaper costs


“For other needs, like food, you could go to a food bank,” Aragon, now 33, says. “But there was no help for things like diapers. I had to borrow money and sell everything I had -- the DVD player, the TV – to get money for diapers.”

Sometimes she’d just have to skip a change and leave her baby wet so she’d have enough diapers to make it through the week. "It made me feel ashamed, like I was less of a mother,” the Columbus, Ohio, mom says.

“Some were taking off their kids’ diapers and scraping off the contents and then putting them back on the child,” Smith says. “While that has an incredible impact on the health of the child in terms of urinary tract infections and rashes, it also impacts the self-esteem of the mom.”

http://www.nbcnews.com/health/it-ma...guish-over-diaper-6C10775589?ocid=msnhp&pos=7

 

[Busybody]

City of Chicago’s cash cushion plummets, debt triples, arrests drop, water use rises

--------------------------------------------------------------------------------

murders increase

I know

TreyVon Martin


Just like Obama

Blame Bush, accept no blame

 

[phrodeau]

'It made me feel ashamed': Poor moms' anguish over diaper costs


“For other needs, like food, you could go to a food bank,” Aragon, now 33, says. “But there was no help for things like diapers. I had to borrow money and sell everything I had -- the DVD player, the TV – to get money for diapers.”

Sometimes she’d just have to skip a change and leave her baby wet so she’d have enough diapers to make it through the week. "It made me feel ashamed, like I was less of a mother,” the Columbus, Ohio, mom says.

“Some were taking off their kids’ diapers and scraping off the contents and then putting them back on the child,” Smith says. “While that has an incredible impact on the health of the child in terms of urinary tract infections and rashes, it also impacts the self-esteem of the mom.”

http://www.nbcnews.com/health/it-ma...guish-over-diaper-6C10775589?ocid=msnhp&pos=7

We don't need to read about your mom.

 

[RobDownSouth]

A strong back is a turrible thing to waste...

Amazon hiring 7,000 workers

Jobs will pay 30% above going rate, offer full medical insurance.

LINK

B-syb-dy and the chronically unemployed Vettebigot will be along shortly to explain how this is actually bad news for President Obama.

 

[Busybody]

7000WOW, all problems are solved

DA NIGGER DID IT!

Hi 5 to da NIGGA!


Link to the 1.8%.....

 

[koalabear]

7000WOW, all problems are solved

DA NIGGER DID IT!

Hi 5 to da NIGGA!


Link to the 1.8%.....

Good news for Fatty, he can now get his Twinkies through amazon faster.

 

[Busybody]

A strong back is a turrible thing to waste...

Amazon hiring 7,000 workers

Jobs will pay 30% above going rate, offer full medical insurance.

LINK

B-syb-dy and the chronically unemployed Vettebigot will be along shortly to explain how this is actually bad news for President Obama.

means SHIT

what is going rate?

is this what the US now is

BOX FILLING PEOPLE

 

[Busybody]

See? QUESTOR?

Where?

75 staffers to join prez on ritzy island...
FLASHBACK: 'A few are doing better and better and better, while everybody else just treads water'...
NOONAN: Obama at point when Americans stop listening...
WH still closed, but president finds cash for private parties...




VINEYARD VACATION AT $7.6 MILLION HOUSE

 

[richard_daily]

That didn't take long.

 

[RobDownSouth]

That didn't take long.

Never does on Mondays.

 

[Busybody]

That didn't take long.

yup

the great DIVIDER doesn't SEE QUESTOR

 

[unregistered]

 

[Busybody]

Summer Of Recovery: Obama Embarks On Yet Another “Jobs Tour”…




Apparently Dear Leader thinks endless speeches are the key to jumpstarting a floundering economy.


WASHINGTON — President Barack Obama will visit an Amazon fulfillment center in Chattanooga, Tenn., on Tuesday as part of his national jobs tour, according to the White House. As he tries to sell his economic proposals to the American public, the president will deliver a speech at the massive, 2-year-old facility to outline his “better bargain for the middle class.” A leading theme of the speech will be high-paying jobs.

An Amazon fulfillment center is a logical venue for the president to talk about job growth. To meet growing demand, the company just announced that it would beadding 5,000 new jobs at its warehouses nationally, expanding on a current workforce of 20,000. But when it comes to the topic of job quality, any genuine discussion would require some scrutiny of the president’s host.

While there are middle-class jobs to be found inside retail warehouses like Amazon’s, lawsuits and recent investigative reports have shown that there’s a good deal of low-paying and highly unstable temporary jobs, too. Like other major retailers, including Walmart, Amazon relies on temp workers inside its warehouses to keep labor costs down. Now common throughout the logistics industry, this practice has helped create a two-tiered work system inside the U.S. retail supply chain.

 

[koalabear]

Summer Of Recovery: Obama Embarks On Yet Another “Jobs Tour”…




Apparently Dear Leader thinks endless speeches are the key to jumpstarting a floundering economy.


WASHINGTON — President Barack Obama will visit an Amazon fulfillment center in Chattanooga, Tenn., on Tuesday as part of his national jobs tour, according to the White House. As he tries to sell his economic proposals to the American public, the president will deliver a speech at the massive, 2-year-old facility to outline his “better bargain for the middle class.” A leading theme of the speech will be high-paying jobs.

An Amazon fulfillment center is a logical venue for the president to talk about job growth. To meet growing demand, the company just announced that it would beadding 5,000 new jobs at its warehouses nationally, expanding on a current workforce of 20,000. But when it comes to the topic of job quality, any genuine discussion would require some scrutiny of the president’s host.

While there are middle-class jobs to be found inside retail warehouses like Amazon’s, lawsuits and recent investigative reports have shown that there’s a good deal of low-paying and highly unstable temporary jobs, too. Like other major retailers, including Walmart, Amazon relies on temp workers inside its warehouses to keep labor costs down. Now common throughout the logistics industry, this practice has helped create a two-tiered work system inside the U.S. retail supply chain.

Hey those are cool jobs! They pay 1/3 what wal mart pays at distribution centers.

 

[mercury14]

Here they come again, just when we thought we had already shamed them into submission:

IRS: Obamacare for Thee but Not for Me
By DAVID CATRON on 7.29.13 @ 6:08AM

Already debunked. Republicans are suggesting that IRS employees lose their benefits and buy insurance off exchanges- all political gamesmanship. That's not part of the ACA, therefore IRS employees aren't dodging any part of the law.

 

[Busybody]

Already debunked. Republicans are suggesting that IRS employees lose their benefits and buy insurance off exchanges- all political gamesmanship. That's not part of the ACA, therefore IRS employees aren't dodging any part of the law.

more BULLSHIT

 

[unregistered]

 

[unregistered]

 

[koalabear]

Merc's posting frenzy:

http://www.uri.edu/ce/healthylandscapes/livestock/photos/BMPs/spreading%20manure_small.jpg

That's StinkyMoron alright.

 

[unregistered]