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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Friday, March 13, 2020

My Thoughts Leading to the Smith ‘The Great American Panic of 2020’


An Intro by John R. Houk
Original post by Justin O. Smith
© March 13, 2020

Typically I make it a point to check up on statistics of submissions to my blogs. The information relating to the Coronavirus/COVID-19 are so fluid in change and unpredictability at this point, I am choosing not to check up on typically reliable Justin Smith.

I had a thought come to me as I read Justin’s simultaneous criticism of President Trump’s Big Government solutions and disdain for Dem/MSM hypocrisy for blaming Trump when past Dem pandemic/epidemic solutions fell far short.

What was that thought?

The jury will be out for some time on the right or wrong of my thought but here it is: President Donald Trump is not a Conservative. ALSO neither is Trump a Leftie/Liberal. Undoubtedly due to the nature of Trump’s billion dollar business, he has some globalist tendencies, but I don’t think he is a Globalist.

My emerging sense is Donald Trump is an American in the mold American history would have described as a statesman more than a patriot. As a statesman he makes choices he feels are good for America. That is where the jury is out. Typical Conservatives will always hate solutions that involves the government and the government-spending indulgence. A typical Leftist desires government solutions to transform society into a perceived society of what humanity should look like (even if that means intruding on individual Liberty). In the Conservative/Leftist conflict, Trump gravitates toward Conservatism but that hardly makes him dedicated to Conservative ideals.

In my opinion that puts Trump in the position of distrust from both dedicated Conservatives and Left-Wing (actually Marxist) ideologues. President Trump is going to step on everyone’s toes for what he believes is good for America. For my part, I am more pleased than displeased with Trump accomplishments. Yet look for more displeasure from Conservatives if Trump’s government solutions fail more than succeed. Unfortunately the American Left is soooo infected with Trump Derangement Syndrome, only utter Trump failure will make the Left pleased … EVEN IF THAT FAILURE IS A RUINED AMERICA.

Below is Justin Smith questioning President government path for a Coronavirus hampered economy yet rooting for Trump election victories because the alternative is Dem Party Marxism.

JRH 3/13/20
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The Great American Panic of 2020

Exploiting COVID-19 Fears - Don't Allow America to Be Exploited By Fear

By Justin O. Smith
Sent  3/13/2020 2:46 AM

Deep in the throes of the Great American Panic of 2020, someone please dip me deep in Shinola and call me a greased pig, if I should ever fall into the miserable weepy, hysteria that is not only coming from the media, but now from the President's office, and too many corners of the general public. It's almost as if President Trump feels compelled to address the COVID-19 like a Democrat, as he capitulated, after stating the virus wasn't that bad, and this only adds to the panic, a panic that has been facilitated and manufactured by the media and President Trump's political enemies, who would love nothing better than to see the U.S. economy crash and end Trump's presidency, while also opening one more door for limiting individual liberty in America.

In a normal flu season, an average of 36,000 Americans die of the flu, but according to the CDC, ninety percent of those are over the age of sixty-five, and out of 35.5 million cases for the flu season of 2018 to 2019, there were 34,000 deaths. One should recall that between 2009 and 2010, some 17,000 Americans died from Swine Flu, and America wasn't throwing a trillion dollars at it, in the manner President Trump now proposes doing with COVID-19, very similar to any other Democrat, as he wants to temporarily suspend the payroll tax without cutting any spending.

If President Trump wants to throw government money after a problem, he should focus on getting pharmaceutical manufacturing centers up and running here in America, so we are not dependent on China for life-saving medicines. For that matter, there are numerous critical components currently manufactured in China that we need, but they are no longer manufactured here (an article for another day).

Trump's proposed tax break would essentially disburse a trillion dollars in stimulus, in order to stop an economic crisis in the making, if it lasts through the end of the year. It would push the already high federal budget deficit to unprecedented levels, close to $2 trillion, and it would not really help anyone, nor would it address the actual underlying problems with the economy or any health issues. Essentially, it will fail to be of any positive benefit to the American people, and only succeed in placing more burden on the U.S. taxpayers on down the road.

More than anything else, Trump's proposal appears to be a not so veiled attempt to buy Wall Street's good graces and the election along with it, by providing more stimulus money to the stimulus that has been ongoing since October, as his administration would basically pick more winners and losers in the face of an economy that was falling short prior to this COVID-19 outbreak. He knows if his "great economy" falls, so too might his presidency, which suggests he sells his other so-called "accomplishments" short, too.

I'm no big supporter of President Trump, simply over issues tied to our national sovereignty and the Bill of Rights, but still, I don't want to see him fail and place the country outright in the hands of socialists, communists and Islamofascists. I simply wish he would trust that true conservative ideas would do even better than some of his current flawed policy positions and his lurch more leftwards.

COVID-19 now has a death rate that is trending around approximately one percent of all infected, with the latest CDC confirmed death count in America at 36, as of this writing (8:15 P.M. 3-12-2020), and approximately 1215 known cases, according to Lara Logan at Fox News. But good news from South Korea exhibits only ten percent of cases ever require any hospitalization, with less than one percent of their 7300 cases dying from the virus.

By no means do I suggest that there aren't also plenty of good, rational reasons to be concerned. As of this writing, 134,488 people have contracted COVID-19 worldwide and 4,970 of them have died. And of course, we haven't yet reached the peak of this virus in America yet, which means we have a bit of a ways to go, before we see the light at the end of the tunnel; but, rest assured, the light is there and not too far into the near future, if only people will remain calm and keep with as normal a daily routine as possible.

Even here in Murfreesboro, TN, unbelievably, I see people seemingly alarmed, although there are not any cases here, at the moment. Just the other day, I saw a pretty large gal wearing her COVID mask, while she rolled down the candy aisle stocking up on Hershey Bars, Milky Ways and Reese's Peanut Butter Cups. But the signs are everywhere, big and small, as one sees many Uber drivers now wearing the same surgical masks.

More people die of cancer in America each year than will die from COVID-19, and according to the journal Science News [March 6th], only one in 500 under the age of 40 might die from this new coronavirus. So why all the panic over this virus? 

Nobody wants to die before their time, but statistically speaking, a person is more likely to be killed in a car crash or murdered in America, than die from contracting COVID-19. People need to stop acting as though the world is coming to an end and that just because the World Health Organization is calling it a "pandemic" it must be death sentence to anyone coming in contact with it.

This panic is now moving President Trump to seek a Big Government solution for a problem that will only grow government, because he and his advisors fear the reaction that would result, if he simply urged calm, good hygiene practices and carrying on one's everyday normal life. Fear has kept Trump from simply urging business as usual in the nation, while urging people to take a minimum of caution, seek testing if one thinks one has been exposed and seek treatment if one contracts it.  And instead, he has flung the door wide open to more draconian measures and an eventual complete shutdown of the nation, without any real good reason.

Now, we are also seeing the Republican Party taking advantage of this crisis to make themselves appear as the people's saviors, as numerous Republicans – (Republicans In Name Only – RINOs) -- and the Trump administration too have seemingly found a new found love for government run healthcare with the onset of this "crisis". On March 2nd, 2020, Robert Kadlec, HHS Assistant Secretary for Preparedness and Response, suggested that part of the efforts aimed at COVID-19 should treat virus patients like disaster victims who will be eligible for federal funds. 

No amount of government money thrown at this "crisis" non-crisis can make people engage in more commerce and spend more money, if the same government benefactor is stoking fears over this COVID-19 virus. Only an assured message expressing the need for calm and carrying on with our daily routines as usual may stop the continued slide of our economy and regain some semblance of normalcy, in our society, as we all remain watchful and yet not so fearful that we can't work or feel as if we must hide behind closed doors, in self-imposed quarantines.

In response to Kadlec's proposal on March 10th, Representative Ted Yoho (R-Florida) stated: "You can look at it as socialized medicine. But in the face of an outbreak, a pandemic, what's your options?"

Such an ignorant statement coming from an elected official is part of the problem. Men such as Yoho stoke the sort of fear that adds to the panic and makes matters worse, as people have begun hoarding face masks, food and even toilet paper. Similarly, in many America towns, St Patrick Day parades are being cancelled, along with school closures and basketball game cancellations, all of which add to the fear and in reality give only a little more protection against the virus than simply following good hygiene will provide. And all of this is a disproportionate and self-destructive response to what can only be described as a fairly low level threat.

However, Democrats and Republicans alike, the petty tyrants lurking among both parties, learned a great lesson in 2008, from Rahm Emanuel, who stated: "You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before." 

Despite the high confidence that the majority of people will never get the virus and the known truth that the largest percentage, the vast majority, of people contracting COVID-19 will survive, too many people and governments across the globe are reacting in extreme fashion. 

And now, America is seeing the National Guard being activated on March 7th in New York to respond to the outbreak, even though Governor Cuomo presents it as an innocuous and benevolent act for delivering aid, medicine and food as well as cleansing and disinfecting areas affected. He has essentially set up a quarantined area with a radius of one mile from the synagogue at its epicenter, as three schools were also closed down in New Rochelle, and the National Guard was tasked with constructing "Containment centers". But, people's movements haven't been restricted, yet. 

It's one thing for our government to take extraordinary measures, in the face of violent situations, as our nation has witnessed in Boston after the Islamist terror bombing, when law enforcement carried out a military style search for the terrorists; in Baltimore when riots resulted in a military lock down of the city, as 1500 National Guardsmen patrolled the streets and residents were placed under a ten o'clock curfew. And it's quite another thing for the government to take a heavy hand in a matter quite easily handled between any individual and their doctor and a hospital staff, since very nearly any person in America, of average intelligence has sense enough to seek help and treatment from a doctor, if they fall ill; and with this current crisis, one can be most certain that everyone is on alert and staying vigilant from concern for themselves and their families. 

The government's overreaction to this crisis should worry everyone, since many intrusive laws are already on the books, just waiting to be invoked by overzealous public health officials; these laws grant nearly unlimited power to quarantine people thought to carry an infectious disease and then bill those people for their own confinement, as was done to those returning from Wuhan, China, even though the quarantines were often excessive and inconsistent with known facts and the epidemiological evidence. This crisis seems to be breeding more government authority, rather than sensible restraint and effective measures. 

Americans surely should work to flatten the infection rate curve in the country through good hygiene practices and a little well placed caution when in public gatherings, since we don't want to add to any work overload at local hospitals, but in the meantime, we don't want to allow the people, who have the effrontery to rule us, any room to cultivate any fears and exploit them to align with their adventures and ends. We must not allow government promises to save us from COVID-19, no matter the level or severity of the threat, to end in unseemly and unnecessary interventions and a government that has grown even larger and more powerful, fat and happy, at the expense of our individual liberty and our freedom suppressed, haggard and threadbare. 

By Justin O. Smith
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BLOG EDITOR (In Fascistbook jail since 1/20/20): I’ve apparently been placed in restricted Facebook Jail! The restriction was relegated after criticizing Democrats for supporting abortion in one post and criticizing Virginia Dems for gun-grabbing legislation and levying protester restrictions. Rather than capitulate to Facebook censorship by abandoning the platform, I choose to post and share until the Leftist censors ban me completely. Conservatives are a huge portion of Facebook. If more or all Conservatives are banned, it will affect the Facebook advertising revenue paradigm. SO FIGHT CENSORSHIP BY SHARE – SHARE – SHARE!!! Facebook notified me in pop-up on 1/20/20: “You're temporarily restricted from joining and posting to groups that you do not manage until April 18 at 7:04 PM.”
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My Thoughts Leading to the Smith ‘The Great American Panic of 2020’

An Intro by John R. Houk
© March 13, 2020
______________________
The Great American Panic of 2020

Edited by JRH

© Justin O. Smith


Thursday, October 10, 2019

Dreams of Prosperity and an Inflated Currency


I actually comprehend little when it comes to economics and numbers. But history is easier to grasp. History informs us a Capitalist based Market System has enabled a Liberty-minded America to prosper more than the fail. While oppositely a Socialist based Government Managed System robs Liberty from citizens stifling individual prosperity and increasing government despotism and oppression.

Though I have difficulty grasping the actual effects of a repo (buyback) stocks market on the economy I grasp well that an unrestrained Federal Reserve with near zero checks and balances adds to government despotism and decreases Liberty and Freedom of America’s individual citizens. And so … here are Justin Smith’s thoughts on American Markets and the actions of the Federal Reserve.

JRH 10/10/19
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Blog Editor: Rather than capitulate to Facebook censorship by abandoning the platform, I choose to post and share until the Leftist censors ban me. Recently, the Facebook censorship tactic I’ve experienced is a couple of Group shares then jailed under the false accusation of posting too fast. So I ask those that read this, to combat censorship by sharing blog and Facebook posts with your friends or Groups you belong to.
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Dreams of Prosperity and an Inflated Currency
Congressional Warning Bells Are Silent

By Justin O. Smith
Sent  10/8/2019 10:42 PM

"Long before we wake up from our dream of prosperity through an inflated currency, our gold, which alone could have kept us from catastrophe, will have vanished and no rate of interest will tempt it to return." U.S. Senator Elihu Root (R-NY) 1913 

The Federal Reserve Bank has been a bone of contention, since our nation's founding. This rogue agency has proven itself to be the evil entity that many early American leaders believed it to be, but not one word on the Fed was forthcoming, when Congresswoman Maxine Waters announced the schedule of the House Financial Services Committee on October 3rd, after the Federal Reserve Bank started transferring billions of dollars into the Repurchasing Market on September 17th. This activated its proposal to hand seventy-five billion dollars a day to unnamed banks on Wall Street, until November 4th, the first such intervention since the 2008 economic collapse and the bailout of financial organizations deemed "too big to fail"; and, it is just one more criminal act in a long line of abuses committed against all America.  

In 2011, James Felkerson wrote in an academic piece, that from 2007 to 2010, the Fed had funneled an unbelievable $29 trillion in revolving loans to Wall Street and global banks. It did this without any apparent realization and authority from Congress, even though by law both the House Financial Services and the Senate Banking Committees are to be briefed on any such emergency loans, including the names of those banks taking the loans. 

[Blog Editor: I am not an economist. In trying to make sense of the repo market and reverse-repo market the information muddied rather than bring clarity to my understanding. Since it is my mantra that Dems lie and deceive I become skeptical when the likes of Dem candidates for President (e.g. Elizabeth Warren & Bernie Sanders among others) begin to rail against the buyback repo markets. I’ll start with an explanation of repo markets then add some criticism titles for you to look noting who the critics are:


·       What's Holding Up the Market? Charles Hughes Smith; OfTwoMinds.com; 10/7/19



·       U.S. repo rates surge on tax payments, bond settlements; By Richard Leong; Investing.com; 9/16/19 02:46 PM ET

Like I said, I am no economist. BUT the tax issue seems less about taxpayers funds and more about banks and corporations taking advantage of tax breaks to expand money returns which may or may not blow up DEPENDING on the security controls of the money-printing Federal Reserve. Not being an economist means my take could be entirely off basis.]

These Big Banks and corporations are taking this "free" taxpayer dollars and buying back stocks in their own companies, rather than risk investment in productive investments, which creates an illusion of economic growth. The purchases give companies the appearance of being more profitable than they actually are, even though their earnings have remained stagnant. And it is the Fed's perverse incentives that have given rise to this debt-dependent speculative system that allows companies to pocket their profits, while at the same time, they socialize their losses and pass them along to the taxpayer, 'We the People'.  

In 1832, President Andrew Jackson, extremely antagonistic towards the Bank of the United States, stated: "Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching You for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin [a] thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, I will rout you out." [Bold-Italics Blog Editor’s]

We are currently witnessing a continuation of the malinvestments that led to the 2008 economic collapse and massive loans combined with another huge expansion of credit. When banking institutes issue huge credit lines, any future economic collapse is proportional to that amount of outstanding credit. 

This isn't a true "boom economy" and the current boom is the culmination of monetary inflation and an expanded credit cycle, in the wake of the residential property and stock market booms, between 2005 and 2007, and malinvestments that have not yet been fully corrected. To date, this is by far a larger credit elevation than that of 1922-1929, and the Great Depression on the 20th century.  

It seems as though everyone in America has bought into the promise of applied macroeconomics, refusing to acknowledge the contrary signals through the prism of classic economics, while they accept macroeconomist premises that economic truths on a micro-level are not applicable to the whole at the macro-level. This level of ignorance will soon prove to be a huge mistake, since nobody can live forever beyond their means and ability to repay amounts owed.  

One should note that the JP Morgan Bank, one of the largest in the United States, was hit with three felony counts under the RICO Act last month, concerning the precious metals market. This is particularly alarming in light of JP Morgan's $158 billion cash reduction in the Federal Reserve, between January and June of 2019, a fifty-seven percent decline this year.  

Why hasn't the need of the United States' largest bank to acquire such a large loan over a six month period raised any warning bells in Congress? Why does JP Morgan need such a large loan if it has $1.6 trillion in deposits and a "fortress balance sheet", as asserted by JP's CEO, Jamie Dimon?  

By the end of June 2019, America's four largest banks had a combined $5.45 trillion in deposits: JP Morgan claimed $1.6 trillion; Bank of America claims $1.44 trillion; Wells Fargo posts $1.35 trillion, and Citibank holds a bit over $1 trillion.  

So why the current panic at the Fed? If the liquidity doesn't exist to allow these banks to issue billions in loans, when they supposedly hold $5.45 trillion, something very serious has occurred in the financial industry and another economic crisis looms on the horizon.  

Recently, CNBC reported that U.S. manufacturing purchasing managers' index was the lowest it's been since June 2009, at 47.8 percent, and in recent days, many hundreds of Americans have been laid off from companies, such as Kroger and many others. Bayou Steel just laid off 376 workers, according to Market Realist; Daimler Trucks North America is laying off 450 people; WeWork is set to end five thousand jobs, one-third of its workforce; Hewlett Packard Inc is cutting approximately 8,000 positions, and lets not forget that Walmart was forced to close 63 locations last year.  

This isn't a "boom economy" anyway one looks at it, especially when we see Democrats and Republicans alike engaging in out-of-control deficit spending, as if the U.S. Treasury is their own personal piggy bank and there is no tomorrow. If this were truly such a golden period of economic recovery, our financiers wouldn't be clamoring for interest rate cuts, when they are already at historically low levels.  

America has seen this greed motivated reach for more and more before, as the borrowers seem not to have one care on how their loans will be repaid, and most of America cares not so long as they get their cut. It is this extreme callous character flaw and apathy and a complacency and the turning of a blind eye by corrupt Congressmen, a national immorality, that is allowing the Fed to once more bail out the worse white collar criminals on Wall Street, as they continue to take huge portions of bail out funds to reward themselves with tens of millions of dollars in bonuses and billions of dollars to lawyers to prevent them from being prosecuted for fraud.  

It is an indication of America's collective genius or its collective madness that permits Her people to hold so many contradictory assumptions, combined under the same economic system, and blindly and blithely proceed as if they were all joined by perfect cogent thought, logic and reason. And yet, many Americans cannot escape the nagging feeling that something is going extraordinarily wrong, as our best and brightest economic experts call madness "common sense", denying that their deal with the devil doesn't come at some terrible price eventually.  

The impeccable and brilliant Senator Elihu Root strongly opposed the Federal Reserve Act in 1913, noting in a blistering and prescient manner that "the Federal Reserve ... provides an expansive currency, not an elastic one". He noted that the temptation to expand the currency would cause the Fed to create the very cycles it was supposed to prevent.

It is far past time to eradicate the Federal Reserve Bank and the economic sickness that accompanies centralized banking, wherever one finds it. 

Whatever a man sows, so shall he reap. Need little, want less and love more.

By Justin O. Smith
+++++++++++++++++
Blog Editor: Rather than capitulate to Facebook censorship by abandoning the platform, I choose to post and share until the Leftist censors ban me. Recently, the Facebook censorship tactic I’ve experienced is a couple of Group shares then jailed under the false accusation of posting too fast. So I ask those that read this, to combat censorship by sharing blog and Facebook posts with your friends or Groups you belong to.
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Edited by John R. Houk

Source links and text embraced by brackets are by the Editor.

© Justin O. Smith


Monday, October 31, 2016

Brother Can You Spare A Dime


I have been posting over the last week primarily on Crooked Hillary’s corruption, Dem corruption, Clinton crime corruption and the corruption that has been inherent in the Obama Administration especially coming to light in cover-ups trying to protect a Crooked Hillary election in November 2016.

In sum – a load of CORRUPTION!

This Justin Smith submission addresses the substance of what Trump desires to achieve for America compared to the Leftist agenda of Crooked Hillary that will further diminish America.

JRH 10/31/16
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Brother Can You Spare A Dime

By Justin O. Smith
Sent: 10/29/2016 1:46 PM

"Once I built a tower to the sun. Brick and rivet and lime ... Now it's done. Brother can You spare a dime?"

Donald Trump is telling America the truth about our economy, and he has offered wise and courageous solutions that will in fact set our economy afire with prosperity for all, despite assertions of the naysayers of the Democratic Progressive Party. He doesn't have all the answers, but he knows enough to understand that policies that create a Democratic base of takers must be ended if all America is going to thrive and prosper once more. He will throw out the policies Hillary and her progressives seek to extend and expand, that have betrayed American workers, who are mucking through the worse economic "recovery" of the past 80 years, and America First will replace globalism as our guiding light.

The Obama administration wants us to believe inflation is at zero, after they removed everything that matters from the inflation index, but one's grocery, electric and healthcare bills, along with college tuition, proves that inflation is raging. Obama's policies have pushed the GDP down to barely above zero, while they have very nearly destroyed all the high-paying skilled jobs for the middle class and college grads. And in the meantime, over 90 million working age Americans are on welfare and foodstamps, and the workforce participation rate is under 63%.

America must exit this economic crash-and-burn trajectory and stop the Federal Reserve's policy of manipulating low interest rates, printing an excess of U.S. dollars backed only by U.S. taxpayers and monetizing our debt. Without controls on government spending and a balanced budget, the Federal Reserve is merely delaying another inevitable economic crash -- the worse yet.

Trump doesn't lie about it, stating plainly that "we have a very false economy." He has noted that the "stock market is bloated", as a result of quantitative easing and centrally planned government financial stimulus.

Hillary, bought and paid for by George Soros, Warren Buffet, and Bill Gates and always eager to redistribute the wealth between failing Wall Street firms, instinctively knows not to discuss the Fed's inflationary actions and interest rates price fixing. She sees the Federal Reserve Bank as the tool that smooths the way for more Big Centralized Government. She also expects the Fed to keep interest rates low so she can continue Obama's rape of the American economy.

Pure uncorrupted laissez-faire capitalism offers the best path for achieving enormous prosperity, and those who advocate laissez-faire capitalism are the only true advocates for liberty, since great economic prosperity has historically always brought forth great liberty for men and women alike. Donald Trump isn't quite a "laissez-faire capitalist", but he gets close enough for government work.

Hillary Clinton is mimicking FDR's 1944 policies and referring to wants and needs as "rights". She would have one believe that one has a "right" to a job, food, clothing, homes, healthcare and a college education, whether you have worked and earned it or not. This is what she now offers to the takers and the socialists of America, with 50% of young Americans now viewing socialism favorably, according to Pew Research.

Who will pay for all of this?

Ayn Rand, who escaped the Bolshevik communists in 1917, noted the following in 1963:

"If some men are entitled by right to the products of the work of others, it means that those others are deprived of rights and condemned to slave labor. ... Any alleged 'right' of one man, which necessitates the violation of the rights of another is not and cannot be a right."

On August 18th, Trump told a Charlotte, NC crowd: "I will not rest until children of every color in this country are fully included in the American Dream. Jobs, safety, opportunity. Fair and equal representation. This is what I promise to African-Americans, Hispanic-Americans, and all Americans. ... [Adding] Let our children be Dreamers too," as he co-opted a term used by immigration activists.

Trump plans to remove all job killing regulations and reduce corporate taxes from 35% to 15%, and this will open our economy to new investments and business expansions. These two common sense acts alone will unfetter capital for old businesses and see new businesses form more easily, creating thousands of new jobs.

America can forget about economic growth and new jobs if Hillary is elected. She has spent her entire career voting and advocating for tax increases, and now she wants a massive $1.3 trillion dollar job killing tax increase [See Section: TAXES AND REGULATION]. She wants to hit some of the wealthiest private sector with an 80% tax rate [The Federalist & DonaldTrump.com], and she will tax small businesses at close to 50%, driving many of them to close their doors and lay off employees.

Hillary likes to brag that her energy plan will "put a lot of coal companies and coal miners out of business". She intends to continue Obama's energy restrictions, and according to the Heritage Foundation, these restrictions will eliminate 500,000 manufacturing jobs and reduce our nation's output by $2.5 trillion by 2030, and individual incomes will drop $7000 annually.

The Institute for Energy Research likes Trump's plan to lift restrictions on all sources of American energy, noting that it will have a near immediate effect of adding over 500,000 new jobs annually. His plan increases our GDP by more than $100 billion dollars annually, and it increases federal, state and local tax revenues by $6 trillion dollars over forty years. It also increases annual wages by more than $30 billion dollars over the next seven years. And overall, this one plan increases total economic activity in America by more than $20 trillion dollars over the next four decades.

Hillary's judgement on trade isn't any better. She supported Obama's South Korean trade deal, which was supposed to increase our exports to South Korea by more than $10 billion dollars and make 70,000 American jobs. Instead, this deal has killed 100,000 U.S. jobs, and our exports to South Korea haven't seen any increase; however, their imports to us increased more than $15 billion dollars and more than doubled our trade deficit with them.

Americans should be prepared for Hillary to betray them on the Trans-Pacific Partnership Treaty too. She has been for it all along and from the very beginning, until just recently. If the TPP makes it to the Oval Office during a presidency led by Clinton, she will enact it, because her donors will demand it, and she won't cut off her pipe-line to millions of dollars more of ill-gotten gains.

During his campaign rally in West Bend, Wisconsin, Trump told a huge throng of people:

"I am fighting for you. ... It's time to stop making the special interests rich. It's time to make the American people rich. I am going to make America wealthy again.  ... On trade, I am going to renegotiate NAFTA, stand up to China, withdraw from the TPP (Trans-Pacific Partnership) and protect every last American job."

Vote for Hillary and the poor will grow poorer and the middle class will become the new poor. Poverty will become a way of life in America.

Vote for Trump and Americans will do more than subsist. More Americans will have significantly greater incomes that allow them to increase their savings, invest, recreation time, luxury items or give money to charities to help any Americans who are still struggling.

Americans have always saved our fellow countrymen who were homeless or impoverished, long before our republic, long before FDR and long before Johnson's Great Society, and we will continue to do so whenever it is necessary. But America will soon be on a road to a thriving economy by any standard, because we are going to build an economy that creates jobs for people who want to work and contribute to society and grow our economic engine, by unbinding the hands of those people in positions to do that very thing, if only we reject the progressive socialist vision of taxation -- rejecting this collectivist tyranny -- and vote for Donald Trump.

By Justin O. Smith
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Edited by John R. Houk
All source links as well as text embraced by brackets are by the Editor.


© Justin O. Smith

Saturday, October 10, 2015

The Only Evolution I Trust is Conservative Evolution


John R. Houk
© October 10, 2015

Yesterday I received a donation exhortation from the TheTeaParty.net under the guise of Ron Dove. I get these fundraising emails quite often from various Tea Party organizations and Conservative organizations as you probably do as well (If you happen to be a Leftie you probably receive the fundraiser emails also but from the other side of political spectrum). Many of these organizations are quite worthy of support while others probably pad their non-profit salary base more than they should. Nearly all the legitimate Tea Party/Conservative fundraising base have the correct message that you have an affinity toward. In my case, as a rule, I tend not to make political donations until it closer to an election and funding is more defined to whence it is designated.

I am about to cross post TheTeaParty.net fund raiser not because I am promoting them in particular but rather because Ron Dove gives some background from growing up in a Liberal family then in adulthood migrating to Conservatism. That story is similar to mine and I suspect many others as well. It is good to know that I was not the only one to become disgusted the Left/Democrat Party paradigm.

Give if you want to, but perhaps you should a little digging into the Tea Party/Conservative organization best fits your thoughts on a national level. For that matter a local Tea Party organization (one Tea Party directory) might be closer to your heart because they are more aware of combatting Leftist concepts in your community.

JRH 10/10/15
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I want to tell you why I'm with the Tea Party 

By Ron Dove
Sent: 10/9/2015 1:02 PM
Sent from: TheTeaParty.net

It's supporters like you that make the TEA Party great. I want to thank you for your past support of the TEA Party and encourage you to take a moment to initiate a monthly donation, and here's why.

I became involved in the TEA Party Movement because I wanted to encourage people to think for themselves. I grew up in a Liberal household. As I was growing up it seemed like most decisions liberals made were because they were always made that way in the past. They did not even think about an issue or who to vote for. They always toed the party line. How many minority voters have voted as Democrats simply because they do not know any different? I, and we, should be educating all voters on what the Tea Party and Conservative Politics has to offer. And that's why I got involved – to make some kind of difference.

But, if you are like me, you are also sick and tired of the same big Political game going on in Washington. It appears that regardless who our "Representatives" are, they are in their positions for themselves and not for us. How can someone represent me and us if they are there for themselves?

What issues are important to you? This is what is important to me:

o   Immigration/Secure Our Borders – I live 40 miles from the Mexican border in Southern Arizona. I know about the illegal immigration problem because I see it and live it every day. My Grandparents came to this Country as immigrants. I appreciate that people want and need to come here to make a better life for themselves and their families. However, it has to be done the proper way! Our Government needs to enforce existing laws and come up with new ways to keep undocumented people out of Our Country.

o   Our 2nd Amendment Rights – It seems like we are constantly trying to protect our 2nd Amendment rights. I am sick of this constant occurrence. Are you?

o   Health Care – The Affordable Health Act is not affordable and is one of the worst legislations ever adopted. We need a leader/leaders that can do better than this!

o   Taxes – Is the current system fair? Does everyone pay in? This system is not only flawed, but many of the deductions, loopholes and exemptions make no sense. Do we even need the IRS?

o   The Economy and Small Business – My father started his own Dental Practice in 1950. Small business is what grows the Economy and is the life blood of small towns and cities. When was the last time we had an Administration that was small business friendly? We need leaders who understand this and cultivate employment and economic opportunities.

Finally, what ever happened to personal responsibility? We live in the time where everyone thinks they deserve a hand out. We need our Representatives to respect those who are truly in need, but instill the sense of personal responsibility in every program and fund created and maintained by Our Government.

I can think of many more issues that are important to me, us and Our Country. The TEA Party needs your continued help so we unite Conservatives, expose non-Conservatives to another way of thinking and to help to ensure we have nominees that reflect our values. We have expanded our member base vastly in the five years I have been involved; but we desperately need your continued support right away to continue to do what we do. Please, take a moment to "CLICK HERE" and renew your monthly donation so we can continue to be relevant over the critical next 14 months!

Sincerely,

Ron Dove
Tea Party since 2009

P.S. it's not going to be easy but we can do this – we can take our American democracy back from the special interest-dominated Washington political elites who are driving our freedom and prosperity into the ground. Be a part of our historic effort to turn things around by becoming a Monthly Sustaining Member of the Tea Party today.
________________________________
Our mailing address is:

The Tea Party
211 North Union Street
Suite 100
Alexandria, VA 22314
United States

Thank you for your support. Not authorized by any candidate or candidate's committee.www.TheTeaParty.net

ABOUT THE TEAPARTY.NET

Our mission is to recruit like-minded Americans to the Tea Party Movement in order to advance the principles of limited government, fiscal restraint, and individual liberty at all levels of government through promotion and education. The Tea Party Movement is a grassroots movement of millions of like-minded Americans from all backgrounds and political parties. Tea Party members share similar core principles supporting the United States Constitution as the Founders intended.



Thursday, October 10, 2013

Tony Newbill Emails 9/27 to 10/8/13

Bend Over US, Here Comes Obamacare toon
Much of these emails relate to the negative aspects of Obamacare. There is a bit of economics and depopulation agenda info as well.

JRH 10/10/13
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Obama Care is Not a Personalized Healthcare system and here’s why.........
Sent: 9/27/2013 8:50 AM

I want to show you how Obamacare is designed by one of its creators to NOT Promote Longer Life and the Principle architect even admits it by saying he does not believe in Personalized Healthcare!!!! You will see more people fall through the cracks when a One size fits all system is in place!!!!


[Blog Editor: Tony Newbill wants you to focus on Dr. Ezekiel Emanuel as involved in constructing Obamacare. Here is some thoughts you should know about Dr. Emmanuel:

Scheiner said that the Obama administration neglected the advice of real physicians and instead decided to let political operatives craft Obama’s signature health care law. People like Obama’s former chief of staff Rahm Emanuel’s brother, Dr. Ezekiel Emanuel, were the kinds of medical people that the White House consulted.

“Ezekiel is a medical oncologist, not a general physician,” said Scheiner. (Former Obama Doctor: Obamacare is a Failure; By Justin Credible; HABLEDASH; 5/14/12)

And this:

Ezekiel Emanuel is one of Obamacare’s chief architects, and he just announced in the Wall Street Journal that there is a crucial flaw in its foundation. How can anything so universally reviled and precariously designed ever enter the construction phase? (How to kill Obamacare without even trying; By Yates Walker; Daily Caller; 5/8/13 3:40 PM)

Essentially the article is about the optimism of an Eric Topol and the condemnation of Dr. Ezekiel Emanuel’s of Personalized Medicine as something not compatible with Obamacare.]

Is personalized medicine a myth?


The intersection of technology, science, medicine and design has led to an explosion of apps for monitoring blood pressure, glucose levels and heart rate and measuring how well you sleep, whether you're stressed or relaxed and whether you're eating healthy. We have been able to harness the existing digital infrastructure to get personalized health data we did not have access to before.

Combine wireless sensors with the study of genes, or genomics, imaging and a proliferation of health-focused social networks, and you have a convergence capable of bringing about the "creative destruction" of medicine.

That's the term Topol uses in his 2012 book, "The Creative Destruction of Medicine: How the Digital Revolution Will Create Better Health Care," to refer to the transformation that accompanies radical innovation.

This disruption, said Topol, will be characterized by the personalization of drugs, devices, screening tests and …


But not everyone agrees with Topol.

"Personalized medicine is a myth. It's hyperbolic," argued Dr. Ezekiel Emanuel, vice provost for global initiatives and chairman of the Department of Medical Ethics and Health Policy at the University of Pennsylvania.


According to Emanuel, tailoring medical treatments to individual characteristics of each patient is both overly optimistic and cost-prohibitive. He likened it to buying a custom-made suit versus one off the rack.


In addition to what he felt would be explosive costs, Emanuel also argued against personalized medicine by observing that behavioral and lifestyle changes like diet, smoking and exercise, which account for 40% to 60% of all disease, are far likelier to have an impact on longevity and health-care affordability than genetics and thus should be the center of focus.


The bottom line is that when it comes to technology's disruption of medicine, Topol believes the genie is already out of the bottle. Some of the best cancer centers are on this path. They are, however, treating a minority of the patients out there.

There are a host of barriers to realizing the promise of personalized medicine -- insurance reimbursement, privacy and regulatory issues, information and aggregation issues, among others -- but perhaps none so pernicious as resistance.

"The problem is that it takes physicians so long to accept a radical change. And the lag is unacceptable," Topol said.

Resist as some might, the power of one's own data is the future of medicine.

"It is only a matter of when," Topol said. (READ ENTIRETY - Is personalized medicine a myth? By Amanda Enayat; CNN Health; 7/28/12 updated 1:06 PM EDT)

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What will happen to Monetary Policy with Janet Yellen as Fed Chairperson?
Sent: 9/30/2013 9:34 AM

What will the effects on Monetary Policy be for Individual Prosperity with Janet Yellen [Link added by Blog Editor] as Federal Reserve Chairperson [with] her Husband's views on worldwide Population growth?


Janet Yellen & hubby George Akerlof

Janet Yellen and George Akerlof



The President [Blog Editor: In this article the “President” is referring to the President of the Philippines.] and his advisors may completely disregard the prophecy made in the 1970s by the late Pope Paul VI that the widespread use of contraceptives would actually lead to all these moral and socio-economic evils. They, however, cannot ignore the scientific studies done by a Nobel laureate by the name of George Akerlof. They don’t have to take my word for it. Dr. Akerlof is easily accessible through Google. If the President himself takes time to google the name George Akerlof, he will find abundant materials that this economics professor has written about the high correlation between contraception and high rates of divorce, abortion, single mothers, etc.  He will find out that Dr. Akerlof has no religious motivation whatsoever in presenting his data to the social scientists of the world.  His conclusions are based completely on empirical observations.

Actually, Dr. Akerlof has just demonstrated scientifically what everyday observation based on anecdotal evidence has already revealed to any objective student of human behavior. In countries where artificial contraceptives are as easily accessible as candies in the corner store, the rate of abortions has risen by leaps and bounds in the last twenty to thirty years, especially in North America and Europe. As regards divorce and out-of-wedlock births, Dr. Akerlof’s empirical conclusions have been confirmed by a recent study conducted by a multinational team of social scientists in a project entitled The Empty Cradle (also accessible through Google).
The study found out that “accompanying the global mega-trend of falling birthrates is a radical change in the circumstances in which many children are raised, as country after country has seen divorce and/or out-of-wedlock births surge and a sharp drop in the percentage of children living with both of their married parents. In much of Europe and the Americas, from the United Kingdom to the United States, from Mexico to Sweden, out-of-wedlock births are the ‘new normal,’ with 40 percent or more of all children born without married parents. Though many of these births are to cohabiting couples, families headed by cohabiting couples are significantly less stable than couples headed by married families. This means that children born outside of marriage are markedly more likely to be exposed to a revolving cast of caretakers and to spells of single parenthood compared to children born to married couples.” (Little chance for RH Bill; By Dr. Bernardo M. Villegas; Inquirer Business; 10/14/11)

[Blog Editor: Video about Yellen’s nomination and a critical look at her QE continuation are additions placed by me.]


Janet Yellen: The Wrong Choice

President Obama is widely expected to announce this afternoon that he is nominating Fed governor Janet Yellen as the next chairman of the Federal Reserve, the most powerful institution in the world.

I am sure Yellen’s nomination will receive the standard praiseworthy platitudes from a wide array of sycophants deeply embedded in the system.

For those pleasantly hoodwinked by the charades masquerading as our current central bank policy, a Yellen-led Federal Reserve should look just divine. Meanwhile those watching closely would call her style of central banking little more than smoke and mirrors.


Creating bubbles via QE may be nice for those with excess reserves buying cheap assets (i.e. Wall Street banks and the like), but let’s be honest. How has QE really helped the Fed in its stated mandates of lowering unemployment and generating stable prices? (READ ENTIRETY - Janet Yellen: The Wrong Choice; By Larry Doyle; Sense on Cents; 10/9/13 9:03 AM)

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FW: I think the way forward with this healthcare debacle between is this …
Sent: 10/3/2013 9:04 AM

Because there is no way to stop this Mobster of a Healthcare Policy from Collapsing the whole entire industry, I think the way forward with this healthcare debacle between is this …. Why not create a subsidy exchange for everyone to graduate into the exchanges rather than just some getting a subsidy and others not??

I think this would equalize the way the market and corporations ebb and flow into the relationship or partnership between public and private sector entities?

Allowing the private sector some sort of way to offer subsides to cost share in the insurance premium markets and the ACA [Affordable Care Act] be a Guarantee of those subsidies much like say the SBA, HUD and Fanny and Freddy guarantees private sector funding should be considered so the Relationship between Public and Private sector markets can be streamlined and allow the system to work inspirationally.
 
The Inspiration to help people will be better served I think and this will open the door to solving the Government shutdown because this offers the Republicans a method of policy that compliments conservative values and at the same time keeps the ACA helping with the failing system much like how a Governor on a Motor regulates its RPM so it doesn’t blow a Head Gasket when under extreme compression due to demand for power to pull a heavy load. And this is what you are trying to maintain right while we navigate the “Bumps and Hills” in the road to success????

I think you can be the one to offer a “National Subsidy Fix" to a Stalled out debate here that cannot be refused because of the way the private sector market can rally around the "Same Relationship like the other Government agencies work to guarantee funding flows". 

To further build on this idea about how to equally subside the ACA healthcare exchanges, we should debate a “Rewards Based Subsidy Program” maybe????

I think tailoring something like the way Auto Insurance is considerate in that if a family is prudent in carefully creating a living practice that results in less accidents a reward of lower costs to premiums is the result means that this would be true in healthcare too. And that a doctor or medical providers cost structure would be based off an ACA annual report on medical usage. And that if the costs are rising that more educational values need to be implemented to drive societal understanding of its need to be better at performance of their healthcare. So [then] costs can be controlled and “Rewards” sustained in the Subsidy Exchanges which under the ACA Subsidy Exchanges associated with the ACA Healthcare exchanges would be then accessible to families that provide performance records that show less usage. And they be rewarded for this performance in less premium costs and that subsidy exchange then grows in value to afford a sector where costs are needing greater subsidy to offset their costs.

This seems to be a Strategy I heard the insurance company named Tenet Healthcare this morning use in picking areas to invest in and associated with the ACA. But this needs to be a National strategy and so doing something with the subsidy policy needs to be the catalyst for bringing together supplement exchanges to equalize lower cash flow areas in the USA with higher. So that the Insurance Companies do not squeeze the higher cash flow areas for profits forcing more and more onto the Government exchanges . . .

“Cash Flow is the driving factor and of course you know this but the idea that this subsidy can be a market that the investing community can invest in to recycle unused capital and reallocate it based off an ebb and flow of healthcare performance” can be achieved here I think. But I think you have to create the rewards policy that will drive performance in individuals trying to be as healthy as possible.

“Make it a Sport to be as healthy at living as Possible and I think we all win”!!!!

Thanks and have a great day.
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Obama-Backed Trans-Pacific Partnership Expands Corporate Lawsuits Against Nations for Lost Profits
Sent: 10/3/2013 10:19 AM

Listen to this video at 11:00 forward, it has a part at 12:45 that will REALLY PISS YOU OFF!!!!


I heard something in this video about healthcare costs associated with medicine costs being escalated at the 11:00 frame going forward too.

Here is more on the Cost of Medicine going up due to the TPP [Trans-Pacific Partnership]:


Obama-Backed Trans-Pacific Partnership Expands Corporate Lawsuits Against Nations for Lost Profits

The Obama administration is facing increasing scrutiny for the extreme secrecy surrounding negotiations around a sweeping new trade deal that could rewrite the nation’s laws on everything from healthcare and Internet freedom to food safety and the financial markets. The latest negotiations over the Trans-Pacific Partnership (TPP) were recently held behind closed doors in Lima, Peru, but the Obama administration has rejected calls to release the current text. Even members of Congress have complained about being shut out of the negotiation process. Last year, a leaked chapter from the draft agreement outlined how the TPP would allow foreign corporations operating in the United States to appeal key regulations to an international tribunal. The body would have the power to override U.S. law and issue penalties for failure to comply with its rulings.

We discuss the TPP with two guests: Celeste Drake, a trade policy specialist with the AFL-CIO, and Jim Shultz, executive director of the Democracy Center, which has just released a new report on how corporations use trade rules to seize resources and undermine democracy. "What is the biggest natural resources without any regard for the environment or labor standards? The threat is democracy," Shultz says, (READ THE REST - Obama-Backed Trans-Pacific Partnership Expands …; from: a daily independent global news hour with Amy Goodman & Juan González; Democracy Now; 6/6/13)

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The government knows it's a medical killing machine
Sent: 10/6/2013 8:20 AM


Here are four smoking guns that substantiate the title of this article.

Smoking gun #1: As I detailed in my two previous articles (click here and here), Dr. Barbara Starfield’s article in the July 26, 2000, Journal of the American Medical Association, “Is US Health Really the Best in the World?”, spelled out the damage:

The US medical system kills 225,000 Americans per year. That’s well over two MILLION deaths per decade.

The US government supports, in numerous ways, this system. And now, through the implementation of Obamacare, many more previously uninsured Americans will enter the killing fields.

Dr. Starfield’s data are not classified. They’re not a state secret. Any doctor or medical bureaucrat has access to them.

Yet nothing of note is being done to remedy the ongoing crime.

Smoking gun #2: Starfield’s report indicated that, every year in the US, 106,000 Americans die as a result of FDA-approved medical drugs.

The FDA is the only agency tasked with certifying these drugs as safe and effective. With such certification, the drugs enter the public pipeline.

On the FDA’s own website, under the heading, “Why Learn About Adverse Drug Reactions,” appears the following text: “Over 2 MILLION ADRs [Adverse Drug Reactions] yearly; 100,000 DEATHS yearly; ADRs 4th leading cause of death…”

Astonishingly, the FDA takes no responsibility for any of this. They, and only they, can approve the drugs as safe and effective. They list the numbers of deaths and (READ THE REST - The government knows it's a medical killing machine; By Jon Rappoport; Jon Rappoport’s Blog; 10/5/13)

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If Obamacare ends up limiting treatment options then …
Sent: 10/6/2013 12:38 PM

If Obamacare ends up limiting treatment options then that will fit well with these concerns, right?????

Just like all MSMedia does, See how even the Weather Channel is packing water for the population control policy makers:


How We're All Going to Die in 2050

Doctors likely won’t list overpopulation as a cause of death in 2050, but research shows that it could contribute to several deadly problems, according to the Negative Population Growth organization (NPG).

“The consequences of U.S. overpopulation already surround us: vanishing green spaces, increasing urban sprawl and development, overcrowded schools, understaffed hospitals, rising unemployment, dwindling natural resources, a decaying infrastructure and environmental destruction,” Tracy Canada, deputy director of the NPG, told Weather.com. “These problems are part of our daily lives as American citizens, and none of them are in any way improved by our nation’s growth. In fact, they are all worsened by adding more people to the equation.”

In 2011, the United Nations estimated the world population was 7 billion, and could reach 8 billion in 2023. After the largest population increase of any decade, America’s population sits at approximately 315 million and is projected to hit 363 million in 2030, according to the NPG.

“Basic needs — clean water, protection from floodwaters, safe and passable roadways, usable sewage systems, adequate educational facilities, electricity — will become more difficult to (READ THE REST [if you are inclined to a Leftist one world government] - How We're All Going to Die in 2050; By Jeffrey Kopman; Weather.com; 10/4/13)

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It’s PAST TIME to Bring Back the “BALANCE OF POWER IN THE U.S.A.”!!!!!!!!!
Sent: 10/7/2013 10:14 AM


VIDEO: Behold A Pale Horse "America's Last Chance" Part One

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Does OBAMACARE DIVIDE SOCIETY?
Sent: 10/8/2013 1:35 PM


Exchanges & Premium Subsidies

One of the main features of ObamaCare is the creation of a new federally-financed health care entitlement that will subsidize the insurance premiums for low and moderate income Americans, beginning in 2014. The amount of the subsidy is inversely related to family income and will be a administered by new state-based “exchanges” that will replace today’s small group and individual markets for health insurance.

Exchanges
ObamaCare creates new entities in every state through which individuals buying insurance on their own must purchase their government-approved insurance. In addition, many small businesses employees will get their insurance through the exchanges as well because their employers will not offer coverage to their workers under ObamaCare’s rules for employer participation (see “Employer Mandate”).

Premium Subsidies

Households with incomes below 400 percent and above 133 percent of the federal poverty line (FPL) who are enrolled in insurance plans offered through the exchanges are eligible for premium assistance financed by the federal government (Medicaid will cover families with incomes below 133 percent of FPL). In 2010, the FPL is $22,050 for family of four. The new law establishes a sliding scale of assistance based on limitations on required family contributions to the cost of coverage. For instance, at 150 percent of FPL in 2014, ObamaCare limits the amount that such households must contribute toward their health insurance premium to 4 percent of their annual income. At 400 percent of the FPL, households must contribute 9.5 percent of their income toward insurance premiums. Whatever portion of the total health insurance premium for their coverage is not paid by these households is covered by the new federal premium assistance program.

Estimated Federal Costs and the “Firewall”

The Congressional Budget Office (CBO) has estimated that this new premium assistance program will cost $113 billion annually by 2019, with premium assistance going to an additional 19 million Americans (the Medicaid expansion will add 16 million new people to the program at a cost of $97 billion in 2017).

This CBO estimate of the cost of premium assistance assumes that tens of millions of otherwise eligible households will not be eligible for this new entitlement because (READ THE REST - Exchanges & Premium Subsidies; By ObamaCare Watch – Part of e21)

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© Tony Newbill
Edited by John R. Houk
Brackets indicate Editor additions or contributions