Tuesday, December 15, 2009
Health Care Reform Becomes Insurance Mandate
You must buy health insurance or go to jail. Or pay a fine. Or get a government subsidy. Or thumb your nose and see what happens (probably nothing).
WINNERS: Insurance companies.
LOSERS: Just about everyone, as this will no doubt raise premiums sky high even as services are reduced to cover new, unserviceable demand.
PREDICTION: If Obama and the Democrats survive in power after 2012, look for the public option to come back in full force as they once again demonize the insurance companies, when in truth it's Medicare and Medicaid that are driving the system bankrupt and unaffordable.
Wednesday, December 2, 2009
Canada Supreme Court Sides With Wal-Mart
Justice did prevail--on the side of Wal-Mart. In a 6-3 vote (I can't understand the stupidity, er, rather, I fully understand the stupidity of the three dissenters), the Canadian Supreme Court ruled that there is no law requiring companies to stay in business.
Justice Ian Binnie, citing previous case history, said no law can forbid a business from shutting down, even if it does so for "socially reprehensible" reasons.
Full story here.
Monday, November 30, 2009
Holder Lets ACORN Continue Receiving Funds
ACORN immediately sued because it claimed Congress was passing an unconstitutional bill of attainder (laws can be written to single and punish out either individuals or individual groups).
That lawsuit is still in the legal mill, but it appears that it doesn't really matter. Attorney General Eric Holder has ruled that Congress's ACORN law is unclear (huh?), so the federal tap remains open.
Let James Simpson explain it all:
The actual ban reads as follows: "None of the funds made available from this joint resolution or any other prior Act may be provided to the Association of Community Organizations for Reform Now (ACORN), or any of its affiliates, subsidiaries or allied organizations." (Emphasis added.)
The Justice Department has decided that the phrase "provided to" is unclear and "has no established meaning in appropriations law." They cite terms more frequently used, such as "obligate" and "expend," that have widely accepted meaning in spending legislation. They go on to arduously defend their point by exhaustively listing the many definitions of "provide" given in Websters, Oxford and American Heritage dictionaries and even Roget's Thesaurus. Like Bill Clinton, they probably could have found as many definitions for the word "is..."
In short, ACORN is still getting the funds--and probably still advising people on how to avoid taxes and set up prostitution rings.
Friday, November 20, 2009
Endless Tax Hikes to Pay for Health Care Reform
The list is endless.
Monday, November 16, 2009
A Cool $10B for Unions in House Health Bill
Now, the House health care bill is rushing to the aid of unions as well, earmarking $10 billion for a "reinsurance fund" to help pay retired union members' health care bills.
On top of that, if a public option passes in the final health care measure (if the package itself passes), it will require that any provider participating in the plan be unionized.
Thus health care reform=more union bailouts (think Chrysler, GM as precursors).
Wednesday, November 11, 2009
Do a Favor, Get Sued for Weight-Loss Surgery
A pizza shop owner in Indiana hired a cook weighing 380 pounds because, for starters, the Americans With Disabilities Act (ADA) prohibits discrimination against the morbidly obese.
All goes well for a while...until the chef gets knocked in the spine by a refrigerator door and requires surgery. The owner's workers' comp insurer agrees to cover the surgery, but the doctors advise weight-loss surgery before the spinal work. Worker's comp insurer refuses to pay, so worker sues employer and worker wins. Employer appeals and employer loses.
Bottom line: Employer is out $20,000 for doing the guy a favor, and now he may be losing his business as well.
Read it all here.
Monday, November 9, 2009
No Health Insurance=5 Years Jail and $250K Fine
There's also a misdemeanor violation good for one year behind bars and a $25K fine, but you get the picture. At the very least, when you submit your income tax return each year, if you don't include proof of insurance, you'll be taxed at least at 2.5 percent of income as a fine. Become a scofflaw, and the slammer awaits.
On top of that, a qualified plan is priced merely at $15,000 (and up) for a family of four under Pelosicare.
Good deal, huh?
READ MORE HERE