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NEWS and OPINIONS by BILL STANLEY

Dependency Will Probably Shift From Parents To Taxpayers

(20 Aug 2017) In 2015, large percentages of young adults (18 to 34 years old) lived with their parents ... NJ 46.9, CT 41.6, NY 40.6, MD 38.5, FL 38.3 and CA 38.1. When their parents die, they will probably be dependent on taxpayers for Medicaid, food stamps, earned income tax credit and housing assistance.

Obama Care Continues Along The Road To Ruin

(20 Aug 2017) Medica, Iowa's only Obama Care insurer, has proposed a 57% premium increase for 2018. (Source: 17 Aug 2017 Fox News)

Interior Dept. Does Not Keep Tract Of Grants Awarded To Buy Land

(14 Aug 2017) In 2014-15, there were 16 Interior Dept. programs that awarded 701 grants to purchase $815 million worth of land. Interior "does not centrally track information about grants awarded for the purpose of acquiring land" and many of the grant recipients did not report their land inventories to the department programs that funded them, which violated federal regulations. (Sources: 2 Aug 2017 Interior Dept. Inspector General, 3 Aug Daily Signal)

Welfare For LA County Illegal Aliens

(6 Aug 2017) Illegal alien families received $1.28 billion in Los Angeles County welfare money during 2015 and 2016 ... more than 58,000 families received a total of $602 million in benefits in 2015 ... more than 64,000 families received a total of $675 million in 2016. During the first 5 months of 2017, more than 60,000 families received a total of $181 million. (Source: LA County Dept. of Public Social Services)

Obama Care Continues To Rot

(6 Aug 2017) 1,332 counties (over 40%) will have only 1 health insurer operating on the Obama Care exchanges in 2018. 40 counties will have no choice. Average premiums increased by 21.6% in 2017. (Sources: Centers for Medicare and Medicaid Services, 28 July 2017 Associated Press)

Socialized Health Care: No Surgery For Smokers And Overweight Patients

(6 Aug 2017) In North Yorkshire, England, hospitals have decided to reduce expenses by denying hip and knee surgeries to smokers who refuse to quit, and to those overweight with body mass indices above 30. The British National Health Service and the U.S. Veterans Health Administration are 2 of the last remaining socialized health care systems in the world. Both systems have single-payer government-run health insurance, and the government owns the hospitals and employs the doctors. (Source: 4 Sept 2016 Forbes)

Authoritarian Nanny-State School District Bans Chocolate Milk

(23 July 2017) San Francisco elementary and middle schools will have the devil's brew known as chocolate milk eliminated when they open this fall ... eliminated in the high schools in the spring. Los Angeles banned it over a period of 6 years before serving it again. Schools serving only white milk wound up with far less milk consumed and more thrown in the trash. (Source: 16 July 2017 Hot Air)

Low-Income People Pay For Tax Credits When High-Income People Buy Electric Cars

(23 July 2017) Since 2006, 90% of all tax credits for buying electric vehicles went to people with incomes in the top 20%. (Source: July 2015 Haas School of Business, University of California-Berkeley)

Lifeline Phone / Internet Service Rips Off Taxpayers

(9 July 2017) The FCC's Lifeline program, administered by the Universal Service Administrative Company (USAC), helps low-income, fake and dead people pay for phone and Internet service. Lifeline paid $1.5 billion in subsidies last year to more than 12 million households. The Government Accountability Office (GAO) reviewed 3.5 million Lifeline accounts during its 3-year audit and was unable to confirm eligibility for 1.2 million. Investigators also found that thousands of active Lifeline accounts belong to non-existent or dead people and that the FCC has provided little to no substantive review of the program during its 30 years of existence. Undercover investigators applied to work for a company that contracts with Lifeline providers to verify applicants’ eligibility. The company hired them without background checks or interviews and then paid them as they enrolled fake applicants in the program using fabricated eligibility documentation. USAC is supposed to audit telecom providers to make sure they’re paying their share of contributions into a fund for the Lifeline program. In its audit, the GAO reported that the corporation never audited more than 0.5% of the providers. (Sources: Government Accountability Office, 5 July 2017 Sacramento Bee)

E-85 Is 15.1% More Expensive Than Gasoline To Drive The Same Distance

(9 July 2017) In April 2017, the average price of gas (up to 10% ethanol) sold was $2.38. The price of E-85 (average 70% ethanol) was $2.74, adjusted to reflect the lower energy content. (Source: energy.gov)

2 Largest Soda Sales Decreases ... Regular Or Diet?

(6 July 2017) In 2016, Diet Pepsi sales decreased 9.2% and Diet Coke decreased 4.3%. (Sources: Beverage Digest, 19 Apr 2017 Fortune)

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This site is © Copyright Bill Stanley 2010-2016, All Rights Reserved. billstan3@yahoo.com.
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