Organizations: Community, Commune, Communism
Labels: Government, Politics
Labels: Government, Politics
October 29 update: The Commerce Department, in its first estimate of third-quarter gross domestic product on Thursday, said the economy grew at a 3.5 percent annual rate, the fastest pace since the third quarter of 2007, after contracting 0.7 percent in the April-June period.The same-old, same-old shuffle scam....
[. . .]
The surge in consumer spending and residential investment was likely driven by government stimulus programs.
Labels: Economy, Government, Media, News, Politics
October 12 update: despite idiotic media reports to the contrary, nothing has changed to alter the realty of the data released less than two weeks ago....A recession is defined simply as a period when GDP falls (negative real economic growth) for at least two quarters. Some economists prefer a definition of a 1.5% rise in unemployment within 12 months.
Labels: Economy, Government, Politics
Labels: Government, Media, Politics

The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 27% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-one percent (41%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -14. These figures mark the lowest Approval Index rating yet recorded for this President. The previous low of -12 was reached on July 30 (see trends).Source.
Prior to today, the number who Strongly Approved of the President’s performance had never fallen below 29%. Some of the decline has come from within the President’s own party. Just 49% of Democrats offer such a positive assessment of the President at this time.
At the other end of the spectrum, today’s total for Strongly Disapprove matches the highest level yet recorded. The 41% mark was reached just once before and that came one week ago today. Seventy percent (70%) of Republicans now Strongly Disapprove along with 49% of those not affiliated with either major party.
Labels: Economy, Government, Politics
Labels: Government, Politics
‘This application provides to the DoT CARS system. When logged on to the CARS system, your computer is considered a federal computer system and it is property of the United States government ... Any and all uses of this system and all files on this system may be intercepted, monitored, recorded, copied, audited, inspected, and disclosed to authorized CARS, DoT and law enforcement personnel, as well as authorized officials of other agencies, both domestic and foreign.'Kimberly Guilfoyle, a legal analyst for Fox News, has interpreted the language to mean the government will assume very broad authority over your computer -- including the ability to seize personal and private information.
Labels: Government
Labels: Government, Politics

Labels: Economy, Government, Media, News, Politics
Labels: Government, Politics
Labels: Government, Politics
The Health-Care SacrificeAre you clicking the link right now to make sure this really was a Washington Post editorial? Well, it gets better:
What President Obama needs to tell the public about the cost of reform
Sunday, July 26, 2009
PRESIDENT OBAMA sometimes presents health-care reform as a pain-free proposition, as simple as choosing the red pill over the blue -- one that's no more effective but costs twice as much. Asked at his news conference whether "the American people are going to have to give anything up in order for this to happen," Mr. Obama's basic answer was no. "They're going to have to give up paying for things that don't make them healthier," he said.
But Mr. Obama's soothing bedside manner masks the reality that getting health costs under control will require making difficult choices about what procedures and medications to cover. It will require saying no, or having the patient pay more, at times when the extra expense is not justified by the marginal improvement in care. Mr. Obama is right that sticking with the status quo is a bad alternative, but he isn't leveling about the consequences of change.
Take Mr. Obama's red pill-blue pill example. What if the pricey blue pill is actually better than the cheaper red one? What if it's better but just a little bit? What happens when a yellow pill comes along, costing twice as much as the blue? What happens if there's a new procedure that cures the ailment, but at an even bigger cost? [...]This is what those on the left and most in the mainstream media don't get.
The fundamental driver of health-care inflation is technological innovation. The Congressional Budget Office (CBO) estimates that new technology accounts for about half the increase in health-care costs over the past several decades.
This is, for the most part, a good thing. Adjusted for inflation, health-care spending per person is six times what it was 40 years ago. But no one today would settle for 1960s-style medicine. Treating patients with heart disease was inexpensive then, because there wasn't a great way to detect problems before a heart attack and not much to do afterward. Today, angiograms can diagnose blockages. Bypasses and angioplasty can fix them. Drugs such as beta blockers can prevent repeat heart attacks. So spending for coronary care has soared, along with survival rates. Some medical innovations can save money, but the general arc has been better treatment -- at higher costs.
Labels: Government, Politics
Labels: Government, Politics

Labels: Economy, Government, Politics
Labels: Economy, Government, Media, News, Politics
Labels: Economy, Government, Politics
Labels: Economy, Government, Politics
Labels: Economy, Government, Politics
Labels: Government, Politics