Wednesday, February 06, 2013

Congressional Budget Office – 7 Million to Loose Health Insurance under Obamacare – Unemployment Expected to Remain over 7% - Debt to Rise above 77% of GDP – Isolation and Wealth in DC





The National Debt - from the CBO - via Wall Street Journal "Debt Rise Colors Budget Talks"

From The Hill –“The Congressional Budget Office (CBO) estimated Tuesday that healthcare reform will cost about $1.3 trillion over the next 10 years — a slight increase since last August, when budget analysts did not include projected costs for 2023. While the law's price tag remained virtually the same, the nonpartisan budget office added to past projections of the number of future exchange and Medicaid enrollees. The CBO also predicted that seven million people will lose employer-based coverage because of the healthcare law.”.

According to the CBO: Employers will be more likely to pay the penalty for not providing mandated health care, rather than pay the higher price of the health care program. In addition, the office estimates that unemployment will remain high – at 7.5% -through 2014, or the highest extended unemployment rate in 70 years (CBO). Driven by the national debt and current laws, the debt to GDP (Gross Domestic Product) will rise above 77% in the period leading up to 2023.

On the Affordable Health Care Act (Obama Care) the CBO (See PDF) projects the uninsured to remain relatively the same throughout the period of 2013 to 2023, ranging from 58 million to 56 million Americans. while the projected cost of the program has been adjusted upward to 1.3 trillion dollars.

To read the entire document: (in PDF) - visit: http://www.cbo.gov

What this report tells the average American: the result of runaway spending in Washington, and an increasing debt as a result, coupled with laws that, not only are expensive but ineffective, will keep unemployment high, and force millions of those currently holding private insurance off that program, while the total uninsured in millions is expected to remain the same for the next ten years, yet somehow add to the debt that each taxpayer owes. Once again, the Congressional Budget Office is an arm of the U.S. government that is non-partisan. One must understand that no one party owns the debt which has accumulated, however, it is the responsibility of both major political parties and those representatives (who are party affiliates) that the people send to the Congress, the Senate and the White House to cut spending, get out of bed with the lobbyists, and use a common sense, business (or for that matter household) approach to managing the government and the monies it spends on the taxpayers behalf.

Perhaps that is why, the nation’s capitol and those who are sent to do the peoples bidding, live in what is the wealthiest city in the country –power and money trump the general good of the nation.

References:

  • “Washington Versus America” New York Times


  • “Washington’s Economic Boom – Financed by You” New York Times


  • Watch Video: “Welcome to Boomtown”– Fox News


  • ”The Expanding Wealth of Washington” Forbes


  • Note on reference, it is odd when one finds two strange bedfellows (New York Times and Fox News) in agreement.

    Tuesday, February 05, 2013

    The Romney’s and the MA Senate Special Election – The Romney Watch - Media continues to “float” names and sources – Tagg Romney now out, no word on Ann Romney –yet. Conan O’Brien? Now there’s a candidate





    Why not Conan O'Brien for Senate? - image honolulunoets.com

    To date, no one with any name recognition has stepped forward from the GOP to run for the special election to fill the vacant seat left by John Kerry’s appointment to Secretary of State. The media is spinning like a top. The bigger the name the better, and in MA GOP politics that name is “Romney”. There were rumors that the GOP was trying to convince Tagg Romney to run for the seat – however, he has (according to sources) declined. There is still no definitive no from Ann Romney, who, again, sources say, has been asked to the dance.

    It may be Ann, or it may be someone whom we have no knowledge of yet – the criteria for a U.S. Senate Run in Massachusetts is that the individual be living in the state, during the election. Therefore, the GOP could field just about anyone and bring them in – if there was interest in doing so on a national level.

    Massachusetts and the GOP.

    Those who live in Massachusetts understand that for a high profile politico to step foot in the state, they are generally lost trying to find New Hampshire, or in Boston raising funds. Other than that, the last time, in recent memory, anyone of note that stopped in the Bay State, was Hillary Clinton in 2008 on the campaign trail during the 2008 DNC primaries. Those of us living in Massachusetts understand – we don’t count on the national state, however, there are more than a few instances where laws and statues and ideas gone wild have been nationalized, and they have come from – Massachustts – take health care for example.

    In the case of general elections – most Bay State Resident feel they really don’t count, after all, what’s 9 or 10 electoral votes anyhow?- They are always going to be dubbed “likely Democrat” – because no one has ever tried to visit the flipping state! There was one exception in 2010, but silly people thought to reelect the most moderate voice in the senate, might have endangered their rights because he was a “Republican” – One has to ask – how much is that birth control going to cost you in the long run now? Is Wall Street humble? – Or is has the price of all goods and taxes surpassed the cost of 6 months worth of one’s favorite “pills”, and isn’t Wall Street making more money now than previously?

    Is not the gap between the haves (those in DC’s Wealth Belt) and the have not’s – that’s the rest of us –widened considerably in the last 5 years?

    Yes, some idiotic flash in the pan “celebrity” said to vote for…..and the Republican’s are going to take away your rights!! – and the sheep followed blindly.

    Good grief, what if they wake up?!!

    That’s not probable.

    Therefore, until that time, those of us stuck in the State of Insanity (otherwise called Taxachusetts), will watch and wait for someone, anyone with some wherewithal, fire in the belly and a penchant to get beat up by the national and local media, come forward and run for the senate seat that – is not truly John Kerry’s, but the peoples...

    Or, as the case may be, a lackluster candidate with less name recognition that Ed Markey or Stephen Lynch will run against the Democrat “machine” that is Massachusetts. This is normally the case, where no one challenges the incumbent Democrat and even makes them work for the seat! There is a reason why most Massachusetts House and Senate members list their occupation (i.e. Career) as Legislature!

    Here‘s a list of former residents who would fit the “celebrity profile”: (Choice Pics from Celebrities Famous People Born In Massachusetts (and still breathing:)

  • Conan Obrien (Brookline)
  • Jay Leno (Worcester- or there about)
  • Matt Damon (Cambridge)
  • Steven Van Zandt (Boston)


  • Conan for Senate – that makes perfect sense – remember, the individual just needs to live In the state during the election – or for that matter – Jay Leno could run as well, talk about a matchup!

    Seriously, if there is a candidate for the Senate run, an announcement will come, in due course, and likely be leaked by “credible” sources, followed by an announcement from the actual individual. Until then – it’s all speculation and fuel for non-news.

    Lately the media has been sillier than those who believe that Republican’s are out to take away one’s birth control, run a “war on woman” or God forbid, push Granny over the Cliff. This gives credence to the theory that American schools have gone way over board on the dummying down process.

    Conan: He fought NBC and is still standing, He’s got a sidekick, a sense of humor, and a Libertarian (rumored to be so) – perfect for the State of Massachustts!

    Sunday, February 03, 2013

    Mass. GOP – First, Brown Drops out, then Tisei –Now, focus is on Ann Romney for possible Senate Run - Ann Romney would give MA Dem’s Pause.





    Shortly before the 2012 Election - Ann Romney - Ohio - image from Daily Mail.com - "As Election Day Nears Romney Crowds Surging"

    Prior to February 1st, every pundit following the special election to replace Senior U.S. Senator, John Kerry, (R-MA), (now Secretary of State) suggested, with some confidence that the GOP’s, Scott Brown would run for the vacant seat. On Friday, February 1st, 2013, Brown declined the option to run in that particular race. (New York Times) This “shocked” more than a few individuals, except that Brown gave no indication that he would run for the seat – rather he was vague in terms of what he would do as far as his political career was concerned. It was the “sources close to (plug in a name), that made Brown’s run “likely” (“true”). In the interim, in Massachusetts there was a special election to for the GOP Committee Chair. Certain individuals within and outside the MA State GOP, were also convinced that Brown would run, given the fact that he endorsed the candidate that won the chairKristen Hughes, a former Brown campaign staffer”(Degrees).

    Next up, there was again, a source that suggested Richard Tisei, the Massachustts Senate Minority Leader, would run for the seat. Not so: in a statement released last night, Tisie released the following statement:

    “Former State Senate Minority Leader Richard Tisei has decided against running in the upcoming special election for the U.S. Senate seat just vacated by Senator John F. Kerry. Following is his statement:

    "I've been humbled by so many people who've urged me to run for this seat, following Senator Scott Brown's decision not to run on Friday. I believe it's imperative that the Republican party put forward a strong candidate who can help bring much-needed change to Washington. Unfortunately, the timing is simply not right for me to do so - deeply as I feel about the need to strongly compete in this election. It was also my desire to make this decision as quickly as possible so that other potential candidates would be able to consider whether they should run.

    We have many talented people from all walks of life who should get involved in the political system to bring about change. The political class ought not be a select few. That's part of the reason that we're in such a mess and that our political system has become dysfunctional. I urge principled, qualified men and women to stand up and be counted in the political arena. We have no right to complain if we're not willing to be constructively involved as we try to build a better future. I've met thousands and thousands of people who do care and have been involved and I urge them to stay involved and to continue to make a difference - especially in these difficult times.

    I look forward to continuing my involvement and to supporting strong, principled, independent-minded candidates who may choose to run for this and other offices. All of us - Republicans, Independents, and Democrats - need to roll up our sleeves, pitch in, and bring about the reforms of our political system that are so desperately needed. Whether as a candidate or concerned citizen, I will continue to be involved with other men and women of integrity who share my desire for real reforms."


    There are several names that are high on the list in the MA GOP when it comes to running for higher office: Brown, of course, (he’s out), Richard Tisei (he’s out), Charlie Baker (more likely a run for Governor), and Kerry Healey, former Lt. Govenor under Mitt Romney, come to mind. However, it is anyone’s guess as to who may run against Democrat Faithful, Ed Markey, and Moderate Democrat, Stephen Lynch, both MA Congressional representatives, who have publicly declared to the vacant Senate seat. To date, those are the two that will face a primary in April, 2013.

    Yesterday, enter the latest “sources close to” potential candidate to run for the Senate special election: Ann Romney.(Daily Mail) In the article from the Daily Mail it is noted that “Republicans in Massachusetts are said to be encouraging Ann Romney to run for U.S. Senate.”. Said sources from the UK was followed by a similar article in the Boston Herald. Both papers stating that the MA GOP is desperately trying to find someone to run for the seat. Unless of course, there is someone who has already decided, and yet not one “source close to” has said “boo”.

    Ann Romney as a candidate makes sense. There are those spouting “no political experience” – (Note: Ann Romney has personally given no indication that she will run for any office as of now- this is hypothetical based on “sources”.) However, given the fact that Massachusetts has recently elected, Elizabeth Warren, former part-time Harvard Professor, and one-time Obama appointee to the Consumer Financial Protection Bureau”(Daily Beast) had little experience in politics, and Matriarch of the Democrat Congressional Caucus, Nancy Pelosi, was a full time wife and grandmother before running for Congress – a criteria for “experience” seems a tad misplaced. Never mind the fact that the whole point of Federal offices historically speaking, is that a “citizen” be elected.

    So, what “dots” can the MSM connect, besides the usual “source”, that Ann Romney maybe considering a run for the U.S. Senate?

    Perhaps it’s the fact that she declined an offer from ”Dancing with the Stars”(USA Today). Alternately, it could be the fact that she is considered a “star” by U.S. entertainment standards – which apparently is part of the criteria for elected officials (besides all that “experience”).

    Unless and until, Ann Romney speaks, (or a representative for Ann Romney), no one has a clue.

    The Big But

    If Ann Romney does decide to run, it would give fits to the Mass State DNC. They are most likely hoping that the only contest will be in a Dem Primary. Should a high-profile, Bay State Republican run, someone with a brand name, then that’s problematic. Special elections have notoriously low turnout, and the independent’s (51% of the Bay State’s electorate) have been known in the past go choose a Republican (more often the Governor’s office, but…) now and again. If she were to run, Ann Romney is likeable (unless one is a screaming and threatened progressive.); she would bring “brand” as well as “star-power” to the race. Pit Ann Romney against lackluster, Congressional Democrats such as Markey and Lynch, and one gets the picture. The discussion regarding a campaign war-chest would be a moot point, all things considered. It would not take much capital to outdo either Markey or Lynch, as they would have to push more advertising in a statewide race for minimal voters, against someone who really has little need for recognition.

    How well does Ann Romney poll? –That’s the million dollar question, given the only poll found was a Washington Post/ABC Polls whichpolled Ann Romney and Michelle Obama Romney against their husbands. In that poll, both women held an advantage. However, in the notes, on nationwide approval, Ann Romney’s favorability rose from 43% to 56% once “voters became familiar with her”

    Of course, that’s all there is, at the present time, speculation. What is known that should Ann Romney decide to run, she would be a tough candidate for the MA DNC to best – she was far better at connecting with voters than her husband, she’s go the same amount of experience as did Nancy Pelosi or more perhaps than Elizabeth Warren, she has “star-power” and she just came off a grueling national campaign – she knows the ropes.

    In the event that there is no candidate, one might want to change one’s MA political affiliation t o Democrat, vote in the primary and vote for Stephen Lynch, as Lynch is the lesser of two evils.

    If Ann Romney or Charlie Baker (who, again bet’s are on the Governor’s office), run, then, the choice is obvious – change party affixation to Republican or remain “unenrolled”, (again, in the event there is no opposition to the candidate in a primary, then one must declare a party) and vote for either Ann Romney or Charlie Baker, or someone who has Statewide Recognition, which is the quantifier in this race.

    It is, in reality, still early – the filing date is set for February 27th, when the candidate must submit nomination papers and signatures to the Secretary of State, signatures required: a measley 10,000 for a Federal Senate office election(Massachusetts Secretary of Sate).

    Is there another GOP candidate that must live in the State at the time of the election (see Lizzie Warren - Oklahoma) ?


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