Markets rally after US 'fiscal cliff' deal

Jan 2, 2013 Full story: MySanAntonio.com 241

House Majority Leader Eric Cantor, R-Va., center, leaves a second Republican caucus meeting to discuss the "fiscal cliff" bill passed by the Senate Monday night_and now awaits a vote in the GOP-controlled House_ at the Capitol in Washington on Tuesday, Jan.

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lol

San Francisco, CA

#43 Jan 23, 2013
The Obamacare piggy bank
January 22, 2013 | 12:22 pm | Modified: January 22, 2013 at 12:40 pm
3Comments
Conn Carroll
Senior Editorial Writer

Obama unlikely to pass major legislation in second term
The Obamacare piggy bank
If you want bigger government, you need to side with big business

All the talk of President Obama being a “liberal Reagan” is a bit premature considering his signature domestic accomplishment, Obamacare, hasn’t even been implemented yet.

The law requires every state to have a federal exchange by October of this year and the vast majority of states have simply refused to create one. This means Obama’s Department of Health and Human Services has less than ten months to set up more than 25 insurance markets. And industry experts say it takes two to three years to properly set up just one.

Now throw in the fact that, as Politico reports today, Congress has already used Obamacare as a piggy bank to fund other spending deals multiple times since the bill became law:

The Affordable Care Act brings in a lot of new taxes and savings, but it also dishes out as much as $1.7 trillion in new spending over the next decade — money that looks awfully tempting to lawmakers scrounging around for ways to fund other projects or pay down the deficit." unquote

Since: Apr 09

Olongapo City, Philippines

#44 Jan 23, 2013
lol wrote:
There is one rich guy in CA who is thinking of moving out as he does not like to pay 65 cents for all kinds of prevailing taxes to each dollar meaning 35 cents will be left to his hard earned income while 65 cents go to the government.
I don't know, is it fair or not?
lol you will just have to raise your prices. LOLOL!!!! You know pass it on to the customer "not herpes".
lol

San Francisco, CA

#45 Jan 23, 2013
continued:

"Twice, as part of bipartisan deals,[Democrats] agreed to increase the amount Americans must pay if they get too generous a subsidy in the insurance exchanges. The first time was to pay for the 2010 doc fix to avoid deep physician fee cuts under Medicare, and the second time was to offset the cost of repealing new 1099 tax reporting requirements that both parties considered burdensome on businesses.

Last February, Obama signed legislation slashing $5 billion from the Prevention and Public Health Fund to help pay for a continuation of payroll tax breaks and other initiatives. The health care law gave the fund $15 billion in its first 10 years.

And just a few weeks ago, lawmakers agreed to cut funding for nonprofit health insurance cooperatives to help pay for another one-year doc fix. That was in the last-minute fiscal cliff deal."
lol

San Francisco, CA

#46 Jan 23, 2013
continuation:

"Politico goes on to identify three other ways Congress could go back and drink Obamacare’s milkshake including, delaying implementation, reduce the number of Americans receiving health insurance subsidies, and cutting the Medicaid expansion.

Every time Congress cuts away at Obamacare funding, the easier it will be to fundamentally repeal the law later."

Since: Oct 12

Location hidden

#47 Jan 23, 2013
RESISTANCE IS FUTILE wrote:
<quoted text>
the Elite Republicans dont want a two tiered system... they want everyone to pay their fair share...
their thinking is it is not fair to penalize a person for being rich...
which is fair...I think along the same way
only thing is...their country is bankrupt 16 trillion in debt soon to be 17, because governments on both sides spent too much and did not tax enough
now the USA is fast going underwater...
ironic that most of these Republican elite and some Democrats
are so pro USA..... USA number 1.... as their country spends itself into bankruptcy
Elite Republicans?....Isn't that like Jumbo Shrimp or Semi-boneless Ham? I'm thinking those elite republicans are a dying breed....Yeah i get their tax arguement, then something happens like last weekend and the guy paying $4.2 million for the Batcar from the TV show, and i think...tax the crap outta them.....
lol

San Francisco, CA

#48 Jan 23, 2013
Don the American wrote:
<quoted text>
lol you will just have to raise your prices. LOLOL!!!! You know pass it on to the customer "not herpes".
You're so joyful talking about your herpes from your pedo..philing..lollllllllll be strong man and don't depend on your herpes as your livelihood...
lol

San Francisco, CA

#49 Jan 23, 2013
Go Blue Forever wrote:
<quoted text>Elite Republicans?....Isn't that like Jumbo Shrimp or Semi-boneless Ham? I'm thinking those elite republicans are a dying breed....Yeah i get their tax arguement, then something happens like last weekend and the guy paying $4.2 million for the Batcar from the TV show, and i think...tax the crap outta them.....
sour grapes is your breed...
lol

San Francisco, CA

#50 Feb 9, 2013
"600 homeless children in D.C., and no one seems to care

By Petula Dvorak, Published: February 8

I don’t care what we call our football team. I don’t care about Lance Armstrong’s doping or RGIII’s knee, or whether Notre Dame linebacker Manti Te’o knew his dead girlfriend never existed in the first place, or any of the other sports dramas we’ve spent gobs of energy on in these past few weeks.

Here’s what we ought to be talking about: 600 kids. The District has set a dubious new record for the number of homeless kids crammed inside a scary, abandoned hospital that serves as the city’s makeshift family homeless shelter.

(Petula Dvorak/The Washington Post)- Elayshia Brown (left), 6 months, shares a stroller for warmth with another baby living in the District's shelter for homeless families on Friday. Elayshia's mother, Asia Brown, lost her apartment in January and wound up in the abandoned hospital, where a record of nearly 600 children are now being housed.
Homeless families still struggle to find shelter, nonprofit says
Homeless families still struggle to find shelter, nonprofit says

The mayor says he’ll use an expected increase in future revenue to pay for social service programs and raises.

There are about 600, according to a nightly census done by the Community Partnership for the Prevention of Homelessness.

Stop and think about that. Six hundred kids with chubby cheeks and Spider-Man sneakers and Dora hats are beginning their journey in life on an army cot in a cafeteria or an old hospital bed in a city shelter. And that’s an improvement from the time they spent sleeping in cars, bus shelters, Metro stations, apartment-house lobbies or on a different couch every night."
lol

San Francisco, CA

#51 Feb 9, 2013
WASHINGTON (CNNMoney)
Some 600,000 poor women and children will no longer get free milk and cheese, and some 2,100 fewer food inspections will take place if federal budget cuts expected to kick in March 1 actually take place.

The White House warned Friday that some $85 billion in budget cuts coming as a part of the "sequester" will end up carving some 9% from non-defense programs and 13% from defense programs, because the cuts take place over 7 months instead of 12.

The cuts are a part of a larger effort to trim $1.2 trillion from federal deficits over ten years.

"These are large and arbitrary cuts, and will have severe impacts across government," said Danny Werfel, federal controller of the Office of Management and Budget.

The White House budget office had been mum on how the cuts would fall. But last week, federal agencies notified hundreds of thousands of federal workers that furloughs could be around the corner, Werfel said."

Since: Oct 12

Location hidden

#52 Feb 9, 2013
Visaya, would you dare to find out and identify for us, the racial and social makeup of the parents of these homeless children? It's time for us to quit coddling certain groups and throwing taxpayer's dollars at them, hoping they will act responsibly.....
amc

Quezon City, Philippines

#53 Feb 9, 2013
Go Blue Forever wrote:
<quoted text>Elite Republicans?....Isn't that like Jumbo Shrimp or Semi-boneless Ham? I'm thinking those elite republicans are a dying breed....Yeah i get their tax arguement, then something happens like last weekend and the guy paying $4.2 million for the Batcar from the TV show, and i think...tax the crap outta them.....
this mentality is laughable really. you share it with kenny. birds of a feather id say.

a man will work hard all his life and become wealthy by his own mind and hands and then you will condemn him for how he spends his money?
he should share it with you and your friends? he made is fortune , because he had ambition and drive and you who have none demand that he be punished for it? its laughable indeed.

that you cant relate to being successful isnt his problem is it?

is there an obama phone in your house blue.
heressssssss kenny

Pasig, Philippines

#55 Feb 9, 2013
amc wrote:
<quoted text>
this mentality is laughable really. you share it with kenny. birds of a feather id say.
a man will work hard all his life and become wealthy by his own mind and hands and then you will condemn him for how he spends his money?
he should share it with you and your friends? he made is fortune , because he had ambition and drive and you who have none demand that he be punished for it? its laughable indeed.
that you cant relate to being successful isnt his problem is it?
is there an obama phone in your house blue.


Bwhahahahahah dont give up your day job - im the other side of the coin - i dont beleieve in taxing the rich more are you crazy or smoking Shabbu ???

Since: Oct 12

Location hidden

#56 Feb 10, 2013
amc wrote:
<quoted text>
this mentality is laughable really. you share it with kenny. birds of a feather id say.
a man will work hard all his life and become wealthy by his own mind and hands and then you will condemn him for how he spends his money?
he should share it with you and your friends? he made is fortune , because he had ambition and drive and you who have none demand that he be punished for it? its laughable indeed.
that you cant relate to being successful isnt his problem is it?
is there an obama phone in your house blue.
You explain away every wealthy man, by one definition?.....Generalize much?....And, please show me, where i mentioned sharing his wealth with others, unless that is your attempt to explain away tax increases?..I've never been close to any entitlement, far from it....again i ask, generalize much?
idiots united

Saint Paul, MN

#57 Feb 10, 2013
Go Blue Forever wrote:
Americans and the financial market's love to see the traitorous House republican's forced to doing what's right for our country....as it is actually againest their nature.....
They are obviously discovered eternally functioning pyramid scheme, Just look at the marlins who have paying fans less than the mega millions over paid players and they go on with the business operating like they don't have financial problems. Amazing how they could pull it legally without going bankrupt.

Since: Oct 12

Location hidden

#58 Feb 10, 2013
idiots united wrote:
<quoted text> They are obviously discovered eternally functioning pyramid scheme, Just look at the marlins who have paying fans less than the mega millions over paid players and they go on with the business operating like they don't have financial problems. Amazing how they could pull it legally without going bankrupt.
You realize MLB shares television revenues equally with the small market teams, right? I would never have built that stadium in Little Havana, but that's the way the taxbreaks worked out....BTW, Marlins have two World Series Titles.....
lol

San Francisco, CA

#59 Feb 11, 2013
Obamacare's Insurance Exchanges Are Already Turning Into A Disaster

By Sally C. Pipes
Posted 01/29/2013 06:33 PM ET

Devoted users of Internet radio apps like Pandora may soon hear unexpected sound bites on their favorite music channels — ads touting ObamaCare.

That's right. In an attempt to drum up support for the law's health insurance exchanges, some states are planning advertising campaigns that could include everything from pro-ObamaCare coffee-cup sleeves to spots on popular music-streaming sites.

But no amount of advertising spin can obscure the fact that ObamaCare's insurance exchanges are shaping up to be disasters — saddling some consumers with higher premiums and state taxpayers with significant new spending obligations.

Read More At IBD: http://news.investors.com
lol

San Francisco, CA

#60 Feb 11, 2013
Go Blue Forever wrote:
Visaya, would you dare to find out and identify for us, the racial and social makeup of the parents of these homeless children? It's time for us to quit coddling certain groups and throwing taxpayer's dollars at them, hoping they will act responsibly.....
GB, your talking of "racial descrimination" . These homeless children needs help and protection from the government. No need to talk about social makeup or coddling. During these period of hard times like "unemployment"...mos t probably the parents fell to some financial difficulties like unemployment, lost their homes, etc.

RESISTANCE IS FUTILE

Richmond, Canada

#61 Feb 11, 2013
lol wrote:
There is one rich guy in CA who is thinking of moving out as he does not like to pay 65 cents for all kinds of prevailing taxes to each dollar meaning 35 cents will be left to his hard earned income while 65 cents go to the government.
I don't know, is it fair or not?
its either that or...print trillion dollar coins to pay for a loaf of bread...

Americans lived the good life at the expense of their country... now they are bitching about paying for it..
Amalilio

Bagumbayan, Philippines

#62 Feb 11, 2013
I wonder if they can mint just a single coin with a officially declared literal value of several trillion US dollars.
lol

San Francisco, CA

#63 Feb 12, 2013
Two University of Maryland students dead, one injured in murder-suicide: Police
February 12, 2013 | Modified: February 12, 2013 at 6:16 am
0 Comments
Naomi Jagoda
Staff reporter
The Washington Examiner

Two University of Maryland students dead, one injured in murder-suicide: Police
Homicides and electronics thefts up on Metro
Crime History: Actor who played Alfalfa killed in fight over $50
Montgomery County infant was suffocated by 14-year-old brother, authorities say
Alexandria cops bust 10-year-old for bringing toy gun to school

Two University of Maryland students are dead and a third was injured in a murder-suicide near the College Park school, police said.

Shortly before 1 a.m. Tuesday, police went to the 8700 block of 36th Avenue and found three men who had been shot.

According to a preliminary investigation, one of the students set a fire in the basement of his home. Two roommates went downstairs to see what had happened, and the three students then went outside."

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