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NEWS and OPINIONS by BILL STANLEY
Czar Obama Flip-Flops Now That He Gets To Pick Winners And Losers
(11 Aug 2014) In 2008, Senator Obama described the Export-Import Bank as "I'm not a Democrat who believes we can or should defend every government program just because it's there ... There are some programs that have been duplicated by other programs that we just need to cut back, like ... the Export-Import Bank that's become little more than a fund for corporate welfare." On Aug. 5, Czar Obama said, "House Republicans can help by reauthorizing the Export-Import Bank ... That is the right thing to do. It's pretty straightforward. And you business leaders can help make clear that it is critical to U.S. business."
Pot Causing More Vehicle Fatalities?
(11 Aug 2014) In 2006 through 2008, Colorado averaged 35 drivers per year in fatal accidents who tested positive for marijuana. In 2010 through 2012 (with legal medical marijuana), Colorado averaged 57. Now, the sale of recreational marijuana is legal.
Never Pass Up An Opportunity To Buy Low-Income Voters
(11 Aug 2014) California Democrat Assemblywoman Lorena Gonzalez learned that residents cant buy diapers with food stamps (Duh, what food group did she think contained diapers?) and authored a bill. It amends the cash welfare program (CalWORKs) by adding $80 a month to buy diapers for children under the age of 2. The annual cost to taxpayers is estimated to be $100 million. The bill passed the Assembly with no Republican votes and is in the Senate. (Source: 5 Aug. 2014 Fox News)
Taxpayers Told Bay Bridge Span Would Cost $0.78 Billion ... Actually Cost $6.4 Billion
(11 Aug 2014) The 1989 Loma Prieta earthquake severely damaged a span of the San Francisco - Oakland Bay Bridge. It was claimed that a replacement span would cost only a few hundred million dollars more than a retrofit of the damaged span. The cost of the new span was estimated to be $780 million with completion in 2007. Only one bid was received ... $1.4 billion. It was completed in 2013 for $6.4 billion. (Source: 10 Aug. 2014 Townhall)
Government Schools Have 49.8% Non-Hispanic White Students
(11 Aug 2014) For the first time, government schools are expected to have less than 50% non-Hispanic white students this fall. (Sources: National Center for Education Statistics, 9 Aug. 2014 Associated Press)
National Debt Continues To Soar
(9 Aug 2014) In May 2003, Obama called on the Senate to resist Bush's "unprecedented $300 billion deficit" that "underscores the recklessness of the George W. Bush administration and the Republican Congress". During the 2008 campaign, Czar Obama said, "The first thing you do when you're in a hole is what? ... You stop digging. So the first thing that we're going to have to do is to stop adding to our deficit." During the 65 full months of Czar Obama's reign, the national debt increased by $7.06 trillion to $17.69 trillion, at an annual rate of $1.28 trillion. The increase in the last 12 months was $0.95 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 2.04 times Bush's. Bush was bad ... Obama is horrible.
2013 Federal Benefits And Entitlements ... $2.01 Trillion, Not Including Administrative Costs
(9 Aug 2014) In fiscal 2013, federal benefits and entitlements for low income people were $608 billion, not including administrative costs: Medicaid $265 billion, food stamps (SNAP) $83 billion, refundable tax credits $75 billion, supplemental security income (SSI) $56 billion, housing subsidies $47 billion, Pell grants $35 billion, child nutrition $19 billion, temporary assistance for needy families $17 billion. The benefits and entitlements not dependent on income level: Social Security $663 billion, Medicare $590 billion, unemployment compensation $67 billion, veterans compensation $65 billion, railroad retirement $12 billion. (Sources: Bureau of the Fiscal Service, 4 August 2014 CNS News)
87% Of Aetna's Obama Care Customers Are Subsidized ... Most Lost Their Employee Policies
(6 Aug 2014) Aetna picked up 600,000 customers in 17 states due to Obama Care. "We know 87% of them are subsidized ... most of the increases were coverage substitution ... people who lost their work-based insurance and had to buy on the open market." (Sources: Aetna CEO, 2 Aug. 2014 Daily Signal)
Soc Sec And Medicare Are 41% Of Federal Expenditures And Trust Funds Are Drying Up
(5 Aug 2014) Social Security and Medicare accounted for 41% of Federal expenditures in fiscal 2013. The Social Security Disability Insurance (SSDI) trust fund will be depleted by late in 2016, resulting in automatic 20% reductions in payments to beneficiaries. In 2013, SSDI cost $143.4 billion and had 11.0 million recipients. The Medicare Hospital Insurance (Part A) fund will be depleted in 2030. At that time dedicated revenues will be sufficient to pay 85% of payments. In 2013, Part A cost $266.2 billion. There were a total of 52.3 million enrolled in Medicare. The Social Security Old Age and Survivors Insurance trust fund will be depleted in 2033. Thereafter, tax income will be sufficient to pay 3 /4 of scheduled benefits. In 2013, this program cost $679.5 billion and had 47million recipients. (Source: July 2014 Social Security and Medicare Boards of Trustees)
Thank You Nancy Pelosi For Obama Care
(2 Aug 2014) California's state insurance commissioner (a Democrat) said that for 2014, consumers purchasing individual health insurance policies paid between 22% and 88% more than they did last year. (Source: 30 July 2014 Townhall)
EPA Helps Czar Obama Bankrupt Coal Industry And Force Electricity Prices To Skyrocket
(2 Aug 2014) In Jan. 2008, Obama told the San Francisco Chronicle that "under my plan ... electricity prices will necessarily skyrocket. If somebody wants to build a coal-fired plant, they can. It's just that [my plan] will bankrupt them." The average electricity price in June was 14.3 cents per kWh ... a record. The previous record was 13.7. The Environmental Protection Agency (EPA) announced that the Navajo Generating Station, the largest coal-fired plant in the West, will produce 1/3 less electricity by 2020 and cease operations in 2044 under a proposal that the federal government adopted. Along with meeting electricity demands in the West, the 2,250-megawatt plant powers a series of canals that deliver water to Phoenix and Tucson, fuels the economies of the Navajo and Hopi Tribes, and helps fulfill American Indian water-rights settlements with the federal government. (Sources: 22 July 2014 Bureau of Labor Statistics, 28 July Yahoo - ABC News Network, 28 July Washington Times)
Colorado Pot Rush Increases Young Homeless Population
(27 July 2014) Denver homeless shelters say the legalization of marijuana has contributed to an increase in the number of young people living on the city's streets. Urban Peak, which specifically helps homeless youth: the majority of new young people it is seeing say they're in Colorado because of marijuana. St. Francis Center, a daytime homeless shelter: pot is the 2nd most frequently volunteered reason for being in Colorado. Salvation Army's men's shelter: an increase in the number of 18- to 25-year-olds ... a quarter of the increase was related to marijuana, including some who moved hoping to find work in the marijuana industry. (Source: 26 July 2014 Associated Press)
GM Recalled 29 Million Vehicles In Less Than 7 Months
(26 July 2014) In 2014, Government Motors (GM) has recalled 29 million vehicles in North America. (Source: 23 July 2014 Wall Street Journal)