Just Because — a song about hitting rock bottom (and an open thread)

With the House of Representatives having gone insane, it seemed like an appropriate time for a song about hitting rock bottom:

Please feel free to make your comments about the bill here.  I probably won’t be blogging tomorrow until later in the day, Pacific time.

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  • BrianE
  • SADIE

    h/t The Absurd Report

    OBAMACARE ENDORSEMENTS: WHAT THE BRIBE WAS By DICK MORRIS & EILEEN MCGANN
    As the suicidal Democratic congressmen proceed to rubber-stamp the Obama healthcare reform despite the drubbing their party took in the ‘09 elections, the president trotted out the endorsements of the AMA and the AARP to stimulate support. But these — and the other endorsements — his package has received are all bought and paid for.
    Here are the deals:
    * The American Medical Association (AMA) was facing a 21 percent cut in physicians’ reimbursements under the current law. Obama promised to kill the cut if they backed his bill. The cuts are the fruit of a law requiring annual 5-6 percent reductions in doctor reimbursements for treating Medicare patients. Bravely, each year Congress has rolled the cuts over, suspending them but not repealing them. So each year, the accumulated cuts threaten doctors. By now, they have risen to 21 percent. With this blackmail leverage, Obama compelled the AMA to support his bill…or else!
    * The AARP got a financial windfall in return for its support of the healthcare bill. Over the past decade, the AARP has morphed from an advocacy group to an insurance company (through its subsidiary company). It is one of the main suppliers of Medi-gap insurance, a high-cost, privately purchased coverage that picks up where Medicare leaves off. But President Bush-43 passed the Medicare Advantage program, which offered a subsidized, lower-cost alternative to Medi-gap. Under Medicare Advantage, the elderly get all the extra coverage they need plus coordinated, well-managed care, usually by the same physician. So more than 10 million seniors went with Medicare Advantage, cutting into AARP Medi-gap revenues.
    Presto! Obama solved their problem. He eliminates subsidies for Medicare Advantage. The elderly will have to pay more for coverage under Medigap, but the AARP — which supposedly represents them — will make more money. (If this galls you, join the American Seniors Association, the alternative group; contact sbarton@americanseniors.org. This e-mail address is being protected from spambots. You need JavaScript enabled to view it .)
    * The drug industry backed ObamaCare and, in return, got a 10-year limit of $80 billion on cuts in prescription drug costs. (A drop in the bucket of their almost $3 trillion projected cost over the next decade.) They also got administration assurances that it will continue to bar lower-cost Canadian drugs from coming into the U.S. All it had to do was put its formidable advertising budget at the disposal of the administration.
    * Insurance companies got access to 40 million potential new customers. But when the Senate Finance Committee lowered the fine that would be imposed on those who don’t buy insurance from $3,500 to $1,500, the insurance companies jumped ship and now oppose the bill, albeit for the worst of motives.
    The only industry that refused to knuckle under was the medical device makers. They stood for principle and wouldn’t go along with Obama’s blackmail. So the Senate Finance Committee retaliated by imposing a tax on medical devices such as automated wheelchairs, pacemakers, arterial stents, prosthetic limbs, artificial knees and hips and other necessary accoutrements of healthcare.
    So these endorsements are not freely given, but bought and paid for by an administration that is intent on passing its program at any cost.

  • SADIE

    My open and obvious question:
    If Congress subscribes to health care reform for Americans (and I agree we do need changes)…..
    Why are they not part of it?
    This is where the debate needs to go and this is where the editorials and talking points and pressure needs to be applied. They want it signed, sealed and delivered – fine.
    Let them read the fine print and ‘sign’ on the dotted line for all members of the House, including the White House.
     

  • suek
  • SADIE

    Wonderful Dr.’s advice. It reminds me of a card I once saw and sent.
    On the front of the card:
    EAT RIGHT
    DIET
    EXERCISE
    on the inside…
    DIE, ANYWAY

  • suek

    You know that discussion we had a week or so ago – about Buffett buying Burlington/Northern?  Found this today.  The link is below if you want to read the whole article – it’s about the drop of the dollar against other currencies…
     
    “When the global economy truly recovers oil will skyrocket up to or beyond the $150 where it was in late 2008. If the dollar is indeed still “overvalued” and going to 40 as many technicians predict, oil will likely reach $300 a barrel. This will in turn drive gasoline prices north of $6, heating oil will reach $7-8/gallon, and diesel will be commensurate with heating oil.
    This will in turn decimate the trucking industry. Now you know why Buffett bought BNI. Many things he may be, but dumb isn’t one of them. Trucks will of course remain for terminal-to-door deliveries but for long-haul they will simply be uneconomic. Those who currently are employed in this business will lose their jobs. All of them.”
     
    http://seekingalpha.com/article/172241-does-disaster-loom-from-dollar-funded-carry-trades?source=article_lb_articles

  • suek

    Here’s an interesting concept…
     
    http://sanders.senate.gov/petition/?uid=c53f1aca-5881-403e-928b-a25980cb4e0c
     
    What do you think??

  • suek

    Whoah.  This one is peculiar.  A little scary, but peculiar.  It has to do with site that publishes cumulative  news articles.  There’s nothing that is mentioned about the particular day in question – 2008 – so why was there interest?  that’s aside from the obvious issues…
     
    http://www.cbsnews.com/blogs/2009/11/09/taking_liberties/entry5595506.shtml?tag=mncol;txt

  • SADIE

    Since the article mentioned a woman in Philadelphia, I checked local news for that day.
    http://www.philly.com/philly/blogs/attytood/Why_President_Obama_will_start_World_War_III.html
    I guess all traffic for all articles in all cities would have to be double checked – short of getting a straight answer to a straight question. Good chance of that happening.