Update: Sunday Chatter: Kent Conrad (D-ND) and Sebelius both back off public option: the Federally funded co-op is now the term of choice…(and with Federal Funds it will still kill private insurance)

Update: Monday 8/17: Just like the Clash, Team TOTUS is unsure if they should stay or go on public option lol, they are releasing spin via Ambinder (who failed to get their ‘townhalls folks are hurting the GOP side’ meme to take effect, but not for lack of trying on his part, lol), that Sebelius ‘misspoke’, then another WH aide, off record OF COURSE! said no she didn’t misspeak, the MEDIA misrepresented what she said..uhm yeah okay go with that…YOU CANNOT TRUST ANYTHING THESE GUYS SAY PEEPS…GET IT IN WRITING BIG PHARMA, Dumb bunnies…..

An administration official told Marc Ambinder that HHS Secretary Kathleen Sebelius “misspoke” when she told CNN that a government run health insurance option “is not an essential part” of reform.

“This official asked not to be identified in exchange for providing clarity about the intentions of the President. The official said that the White House did not intend to change its messaging and that Sebelius simply meant to echo the president, who has acknowledged that the public option is a tough sell in the Senate and is, at the same time, a must-pass for House Democrats, and is not, in the president’s view, the most important element of the reform package.

See you at the RECESS RALLY!!!!

And it means nothing because we can trust them about 1/4 as far as we can throw them, although I think I could throw them pretty far….especially if we started with Jaeger shots…(just sayin’)….but it is a sign of cracks in the facade of happy changey hopey dopey land….

Conrad has been pushing co-op but FEDERALLY FUNDED so it is in effect a frakkin PUBLIC OPTION…maroons…

If they want small groups to be able to pool risk and premiums go with Multiple Employer Trusts which I used to process claims for in TX, this way small business gets group rates, NO PUBLIC MONEY REQUIRED….

Free interstate insurance commerce from Federal red tape! ….geez it would be simple were they not trying to Trojan Horse a single payer plan through wouldn’t it? Wyden-Bennett would work….but NO CO-OP GOVT PLAN BY ANOTHER NAME…frakkers…

TheHill:

A public health insurance option took more hits Sunday as Sen. Kent Conrad described its pursuit as a “wasted effort” and an administration official said it is not an “essential” part of reform.

Conrad (D-N.D.), who supports setting up health insurance co-operatives with government seed money to compete with private insurers, described the public option as all but a lost cause.

“Look, the fact of the matter is there are not the votes in the U.S. Senate for the public option, there never have been,” Conrad said in an interview on “Fox News Sunday with Chris Wallace.”  “So to continue to chase that rabbit is, I think, a wasted effort,” Conrad said.

His comments followed Health and Human Services Secretary Kathleen Sebelius’s remark that a public option is “not the essential element” to ensure competition in the health insurance market. Sebelius made the remark on CNN’s “State of the Union,” according to a report in the Associated Press….

Gee, TOTUS has been saying ad nauseum that the public option IS necessary to do just that, ensure competition. On which I call BS…

Question, if there is no yearly or lifetime claims max on people and you cannot pre-ex them or drop their coverage, how can you possibly have enough cash reserves from premiums and ROI (return on investments) to cover pending and potential future claims?

(more…)

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August 16, 2009. Tags: , , , , , , , , , , , , . Economy, Finance, Healthcare, Obama Administration, Politics. 2 comments.

Political Wrap: In Gordon Brown’s footsteps, VAT tax floated..Jokin Joe slams TOTUS..ReasonTV slams Joe…

Update:

As the Obama Administration BOLDLY takes the deficit where no deficit has gone before …hilarity ensues….

From Ambinder:

Vice President Joe Biden gives as good as he gets. His response to a malfunctioning teleprompter at the U.S. Air Force Academy graduation in Colorado Springs, Colorado:

“What am I going to tell the president? I’ll tell him his Teleprompter is broken. What will he do then?

By ReasonTV

The terrifying thing is they are ALREADY floating a federal sales tax/VAT tax in the Obamedia, call your Critters before the horror of European VAT tax raises it’s ugly head any higher…PATRICULARLY BUDGET CMTE SEN. KENT CONRAD ND who apparently embraces the VAT concept…maroon!!

Demonstrators called for a suspension of value-added tax on food in Manila last year. Such a tax is attracting real interest among U.S. policymakers. (By Romeo Gacad -- Agence France-presse Via Getty Images) WaPo

Demonstrators called for a suspension of value-added tax on food in Manila last year. Such a tax is attracting real interest among U.S. policymakers. (By Romeo Gacad -- Agence France-presse Via Getty Images) WaPo

May 27, 2009. Tags: , , , , , , , , , , , , , , , . Economy, Finance, Music, Obama Administration, Politics, Reggae, Taxes, Uncategorized. Comments off.

UPDATE 3: PEBO Address: Economic Stimulus & Daschle Confirmation Hearing LIVE…

money-changer

Update 3: 1:53pm EST: Well someone is at least READING the proposed stimulus and taking a cue from Krugman and others. Some Dems are objecting to certain provisions of the PEBO Stimulus Plan, namely the 3k tax credit for new hires which EVERYONE I have read agrees is a total waste of money. They estimate it costs 50k and up to hire and train (and insure) a new employee and the 3k credit will do nada, zip, zilch to incentivize hiring so I am fine with the DEMS getting it out of there, it seems a waste of money:

From AP :

Senators from both parties agreed that Congress should do something to stimulate the economy. But senators emerging from a private meeting of the Senate Finance Committee on Thursday said that tax portion of Obama’s stimulus plan is unworkable.

They were especially critical of a proposed $3,000 tax credit for companies that hire or retrain workers. Democratic Sen. Kent Conrad of North Dakota described it as “misdirected.”

Update 2: this POS piece in Politico with Daschle and people like BOB DOLE’S staff praising Daschle’s approach on UHC over Hillary’s, oh FRAK THEM man, this wimpy GOP we have in now is nothing like the group in 92 AND Daschle and his cohorts caved to DOLE to KILL UHC

Hillary made mistakes, as do we all, but she DID get SCHIP done so frak Daschle and DOLE who PS LOST to Big Dawg, remember?Hillary is the true champion of UHC, and always will be regardless of what Mr Ethanol Lobbying, Bob Dole loving Daschle says, and PS Baucus supports HILLARY’S UNIVERSAL MANDATE Tom did ya get that? maroons….PS Hey Tom,  Dole was and is GOP and blocked UHC, Big Dawg and Hill are DEMS who supported it, see how that works? Methinks Daschle is still BITTER over his loss of his seat, yep…..Daschle and Dole both went to work at the same firm IIRC when they both LOST….

Perhaps the biggest change: Daschle is planning a major grassroots push to build public support for his plan outside Washington, possibly with spokesman-in-chief Dr. Sanjay Gupta of CNN at the helm as surgeon general. Clinton let opponents carry the day with their famed “Harry and Louise” TV spots.

MiM here, oh HRC ‘LET’ them carry the day with the Harry n Louise ads? like PEBO used those ads in the primaries oh frak me man they are getting me all riled up again….frakers

“It is just a world of difference in so many ways,” said Sheila Burke, the chief of staff to former Senate Majority Leader Bob Dole (R-Kan.) from 1986 to 1996, who followed Clinton’s process. “You’ve got people paying close attention to what those lessons were, and they have already avoided some of the missteps.”

The stakes for Obama are high: his promises on health care were among the most specific of his campaign, setting a deadline of the end of his first term to provide universal coverage for “every single American.”

UPDATE: 11:37am EST: Markets didn’t like it, turning down rapidly DOW now down 94…Well we didn’t get any specifics but the dual teleprompters were back, PEBO is out of practice and stumbled a bit…the language in some parts on setting a new course, together, looking ahead…IMMEDIATELY brought this song to mind:

POTC style, courtesy of Sumarus and Styx of course…(we get more specifics from STYX then we did from PEBO frankly…)

Begins in  40 mins, 11:00am EST covered LIVE everywhere no doubt, but here is a linky to FOX live streaming video for later….

For my fellow Health Care aficionados, the Daschle Confirmation Hearing is streaming live here

He says BOB DOLE reached out to him, oh how lovely! It is DOLE who KILLED UHC in 93, frakker…..

Tom Daschle and Barack Obama

Tom Daschle and Barack Obama

January 8, 2009. Tags: , , , , , , , , , , , , , , , , , , , . Cabinet, Economy, Finance, Foreclosures, Healthcare, Hillary Clinton, Housing, Labor Department, Obama Administration, Politics, TARP, Unemployment Statistics, Wall St. 2 comments.

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