“Obamacare isn’t even in full swing, and at every turn, the program is crumbling.”
via RealClearMarkets – The Emerging Obamacare Truth Is Disarray.
I’m truly amazed at the incompetence revealed by this article. At this rate Obamacare is headed for repeal no matter WHO wins the election…
This article is short and to the point, so I’m just going to quote it here:
“A week after small businesses warned that Obamacare taxes will eat up to half of their profits, a new government report reveals that simply complying with the new tax rules in the health care act will cost American families and businesses nearly 80 million hours–essentially a whole new tax.
Based on Internal Revenue Service figures, the House Committee on Ways and Means has compiled an estimate of the total amount of hours it will take to comply with the tax rules. The bottom line: 79,229,503 hours, most of which will fall on small businesses.
For fun, the committee gave a comparative example.
“So, what can be done in 79,229,503 hours? The Empire State building, which took 7 million man-hours to build, could be constructed 11 times. The Curiosity Lander could travel from Earth to Mars 13,048 times. Halleys comet, seen from Earth once every 76 years, could be spotted 119 times.
“The committee said that Obamacare has resulted in thousands of pages in IRS and Treasury rules including 17 regulations, 5 revenue procedures, 2 revenue rulings, and 14 Treasury decisions.
“Given the enormous impact the regulations will have on job creators, it is no wonder that a recent survey found that over 70 percent of small businesses cite the health care law as a major obstacle to job creation,” said the panel headed by Rep. David Camp.”
via 80 million hours needed to tackle Obamacare tax rules | WashingtonExaminer.com.
I’ve been seeing a lot of posts about the Republicans’ supposed “War On Women.”
I chalked it up to naivete. Of course the Ds are going to gin up a War On Women. First it was Race Warfare, then it was Class Warfare, and now of course it’s Gender Warfare.
Well, I was right and I was wrong.
There’s no doubt this is another attempt to deflect attention from Obama’s dismal record. The difference is this time it’s not entirely manufactured.
There are some very disturbing things going on in this country. States are passing legislation that severely restricts a woman’s access to birth control and safe, legal abortions. And they’re not shy about admitting what they’re doing.
This kind of thing is going on in other states, too…states like Illinois, Pennsylvania, Virginia and Arizona, not to mention the less surprising states like Alabama, Kansas and Tennessee.
There’s no doubt the Republican party has been left in the dust where issues of sex are concerned. And I emphatically include gay marriage here.
Will this change who I vote for in November? Absolutely not.
The bottom-line is that reproductive rights are so far down my list of concerns right now as to almost fall off the list.
The country is in SERIOUS trouble.
The Labor Participation Rate is the lowest it’s been since September, 1981. All while Boomers are delaying retirement in record numbers. That “improved” unemployment rate last week was due to 387,000 workers leaving the work force. That means people are laying down and giving up.
Even worse, 87,000 of the paltry 96,000 jobs added were phantom jobs added by the birth death model. Basically the BLS guessed that 87,000 new businesses were started in August… Hmmm.
Today the Fed launched QE3, saying that the program would run indefinitely. This is the last bullet in their gun. They are so over-leveraged right now that even a *very* small rise in interest rates will send them spiraling into default. When that happens, we’re screwed.
All it will take to raise rates is for China to slow their bond purchasing. Is that likely to happen? Hell, yes. They’ve been warning of it for awhile now, and their economy is on the verge of a credit implosion as bad as ours was in 2007–some experts think it will be WORSE.
Or maybe it will just take another downgrade by a major ratings agency… like say, Moody’s, for example.
We need a leader who knows what the heck they’re doing, and we need it yesterday–no, make that FOUR YEARS AGO.
War on Women or not, women need to vote for Romney, because he’s proven he can avert disaster in hopeless situations.
Our kids will thank us.
…And let’s face it. No one’s gonna overturn Roe v. Wade in our lifetimes.
Let’s break it down :
ISRAEL/IRAN
1. Iran has promised to end the Zionist regime, and is well on its way to having the nuclear capacity to achieve that goal.
2. Israel is determined to defend itself–by bombing Iran first if need be. Escalation guaranteed.*
3. The IAEA (International Atomic Energy Agency) reports that Iran has enough working centrifuges to produce a bomb in the next few months, and suspects they have conducted tests of explosives necessary to produce that bomb.
4. Netanyahu wants to discuss all this with Obama during his visit to the US next week. OBAMA SAYS NO. Too busy campaigning: Letterman, Beyonce/JayZ, Pimp with a Limp are in the lineup, and rather than reschedule those crucial Presidential obligations, he blows off the man on the brink of starting WWIII.
*We’re talking about NUCLEAR WAR here, people.
EGYPT
1. President Mubarek of Egypt was the devil we knew. He wasn’t the best leader, but by Middle Eastern standards he was a saint–and he was a powerful ally to the US, an enormous help in the War on Terror. The Obama administration helped the Egyptian people overthrow him. In an ideal world, you’d say “A step toward democracy” in the real world, one of our ONLY allies in the Middle East is now run by the Muslim Brotherhood.
2. Today, violence is escalating against American interests across the Muslim world. What is the media talking about? Who should or shouldn’t apologize to whom. What is Obama doing? Campaigning.
3. Recent reports–reports confirmed by the administration–show Obama rarely attends his daily Intelligence Briefings. In fact he missed EVERY ONE in the week leading up to the PRE-PLANNED, COORDINATED attacks on our embassies on September 11th.
THE KICKER: The Muslim Brotherhood has asked for and will receive a meeting with Obama.
NO to America’s ally in crisis. YES to a group actively attacking our interests.
How can anyone defend this?
Bad Ton 