Posts Made By: david elosser

"The bulge in [health care reform's] administrative work may look like a nightmare to American insurance firms and government employees. But to outsourcing executives here in India, it’s heaven-sent. A number of Indian companies are already anticipating an increase in workload thanks to Obama's healthcare law...This extra work will include processing new enrollments, organizing bigger member databases, processing more claims, providing more support services, and managing more revenue, he says...a recent Deloitte Center for Health Solutions study [shows] that up to 41 percent of the cost of a health plan is administrative...The US healthcare reform offers a "natural extension" of the back-office outsourcing that Indian companies already specialize in..."
http://news.yahoo.com/s/csm/20100325/wl_csm/290215

David E

And another one gone...
http://www.politico.com/news/stories/0410/35585.html


David E

http://online.wsj.com/article/SB10001424052702304198004575171782805022028.html?mod=rss_Today's_Most_Popular

"This week it became impossible in Massachusetts for small businesses and individuals to buy health-care coverage after Governor Deval Patrick imposed price controls on premiums. Read on, because under ObamaCare this kind of political showdown will soon be coming to an insurance market near you."

"...Mr. Patrick now claims price controls are the sensible response to this ostensibly industry greed...

...Yet all of the major Massachusetts insurers are nonprofits."

Yep, it's gone this far. Liberals are now demonizing NON-PROFIT insurance companies, calling them "greedy," to run them out of business. How long before they start demonizing you???

David E

Diana Smith, a cancer patient needing a marrow transplant, just had her Medicaid Insurance cancelled. Why? Back in March she began making too much money. What was her new found income? Her son qualified and began receiving Social Security Disability payment! That's right! Her son starts getting SSDI and all the sudden Mrs Smith no longer qualifies for free government health care. WOW! The largest insurance company in the US, Medicare/Medicaid, run by Obama, has tricked a woman into loosing her health insurance! I guess she'll just have to take a pain pill. :S I don't recall any private insurance company doing anything like that?
http://cbs4.com/local/Diana.Smith.Woman.2.1623788.html

"She's gone through six months worth of radiation and chemo, her body can't take anymore. If they don't allow her to have this transplant coming up right now next week, they're in effect signing her death warrant," said her friend Tom Noonan.

David E
(Can we say, death panel?)

"Four of the seven vehicles on our list of the worst-made cars on the road come from GM brands. And all of the cars on the list -- including Chrysler's Dodge Nitro and Jeep Wrangler -- are made by Detroit's Big Three. Only one car on the list is made by Ford Motors."

"The biggest surprise on the list, given recent automotive news: It includes no Toyota made vehicles."

http://finance.yahoo.com/family-home/article/109278/worst-made-cars-on-the-road?mod=family-home

David E
(Now I know what to get when the next Cash For Clunkers program comes around...)

"Nearly half of US newspaper and broadcast TV news executives believe their organizations will fold within 10 years unless they find new revenue streams, according to a survey released on Monday."

How can this be? Why are they so gloomy? Why I thought Obama was focused on our economy like a laser beam? Why, he said he created 2 million jobs last year, I'm sure he'll create two or three million more this year. Hey, no reason for all this gloom and doom Mr TV news executive.

http://www.breitbart.com/article.php?id=CNG.c777db6bb9bfd74b87df050b0c00e441.2c1&show_article=1

David E

http://news.yahoo.com/s/nm/20100411/ts_nm/us_iran_usa_complaint

"Iran will lodge a complaint with the United Nations about what it sees as U.S. President Barack Obama's threat to attack it with nuclear weapons, the foreign ministry said on Sunday. Obama made clear last week that Iran and North Korea were excluded from new limits on the use of U.S. atomic weapons -- something Tehran interpreted as a threat from a long-standing adversary to attack it with nuclear bombs."

Okay, if you believe that, maybe you'd better start behaving?

David E

From the NY Times, "Defaults Rise In Loan Modification Program:"
http://www.nytimes.com/2010/04/15/business/15mortgages.html

"The number of homeowners who defaulted on their mortgages even after securing cheaper terms through [Obama's] government [loan] modification program nearly doubled in March, continuing a trend that could undermine the entire program...The Treasury Department said it could not explain the growing number of what it called cancellations, almost all of which were apparently prompted by the borrower’s being unable to make the new payment." (Well, when the Treasury Secretary of the US doen't know how to fill out a 1040 form ...) "The Obama administration’s modification program has been widely criticized for doing little to help them. The program received another bad review on Wednesday with the release of a report from the Congressional Oversight Panel...“but only some of these offers will result in temporary modifications, and only some of those modifications will convert to final, five-year status.”"

David E

The recent coal mining disaster is a tragedy. But I would like to put this into historic perspective. First, (according to my Google research) coal mining deaths in 1980 was 133. Since then, the trend has been basically downward with some bumps here and there, with 47 deaths in 1995 (during the Clinton administration) and 23 deaths in 2005 (during the Bush administration.) Last year, coal mining deaths were 18. Now, compare that with China's coal mines: 5,300 deaths in 2000, 7,200 deaths in 2003, and 2,631 deaths in 2009. So although China has reacted to coal mining deaths, they still die at a rate 37 times higher than in the US (per 1 million tons of coal mined).

Now, again, the coal mining accident is a tradegy, but consider that in the United States from 1980 through 1995, a total of 1318 deaths, or an average of 82 deaths per year, were attributed to lightning.

Something else to consider: nuclear power is far safer than coal power in this respect. There are far fewer accidents mining uranium, and far more people die and get sick from coal plant pollution than nuclear pollution (even if you factor in the remarkable accident at Chernobyl, Russia).

David E

Barbara Boxer must have been seething. With the her re-election bid in the balance showing the worst poll numbers she's ever had, Obama totally screws up her campaign fundraiser speech. First, in a 6-1/2 minute speech, he talks three minutes about himself, gets three minutes of heckling, and even walks away from the podium in a clear demonstration of lack of control. Barbara only gets about 30 seconds of exposure out of all this. The crowd is clearly upset over what Obama does best: passing the buck.

(Caution: this video is graphic in nature may be upsetting to some supporters of Obama: parental discretion is advised.)
http://www.realclearpolitics.com/video/2010/04/19/pro-gay_hecklers_repeatedly_interrupt_obama_at_dnc_fundraiser.html

David E