Archive for the ‘Health Care’ Category
New York Times reports that Obama’s attempt to “save” GM is a colossal failure.. On to Healthcare?
The NYT is reporting that GM has lost $1.2 billion since exiting bankruptcy in July, and its fourth-quarter results were expected to be worse. From reading the excerpt below, it’s pretty clear that even the normally water carrying NYT for the Obama Administration knows that he’s failed. Cash for clunkers was a small disaster by comparison. It’s going to be hard for them to hide this one.. Can you imagine what these guys would do to our health care system if they get full control of it?
Shortly after G.M.’s payback announcement, Ron Bloom, the head of President Obama’s task force on the auto industry, provided more insight into the G.M. endgame. In relation to the public offering and the government’s maintaining its equity share, he argued that “private markets would like to see us exit this investment, and I think they will be more comfortable if we’re on a sustained path out the door than if they think we’re going to try to market-time it to maximize return.” In short, even an official who negotiated the government’s stake in G.M. has abandoned the taxpayer interest in favor of expedient withdrawal.
Mr. Bloom’s clear signal that the administration is jumping ship is especially galling in light of the frothy optimism generated by G.M.’s “repayment” announcement. If tens of billions in lost tax dollars is simply the inescapable price of preventing a systemic economic collapse, the White House should tell us so. Instead, it seems to be allowing the perception to settle that G.M. will repay its obligations, while all the while plans are formulated to sell off the taxpayer’s portion of the company at any price.
It’s tempting to think that the Obama administration understands the political explosiveness of huge taxpayer losses from an initial public offering and will move to mitigate them. But there may be stronger political winds pushing the White House to dump its stake.
Democrats using Illegal Bribes with taxpayer money, to force through a sham of a Healthcare Bill.
I really can’t explain this any better than Michelle Malkin has laid it out, but basically there are provisions in the bill for several states & organizations that amount to major payoffs for anyone who supports the bill. This is akin to what the used to call “Payola” in the Radio business. Bribery for air time, ect.. It is illegal there, & it certainly should be for Congress to engage in it. Go over to Michelle’s site at the following link to see the current list of Bribes designed help force bad this horrible sham of a healthcare bill down the throats of the U.S. Citizens.
http://michellemalkin.com/2009/11/20/the-demcare-bribe-list/
Pitchforks & Torches..
Update 11/21/09 2:00 PM:
Well it’s official. The bribery of other Democrats with your tax payer dollars is complete, & has succeeded. Democrats now have the votes to move the Govenment take over of your health care one step close to grim reality.
http://www.foxnews.com/politics/2009/11/21/senate-crucial-vote/
Notice that Obama is strangely quiet on the issue lately. His poll numbers are sinking, & it’s part of the Democrat’s plan to shield feckless weasel of a leader from the fallout.
