Thursday, September 29, 2011

This Boston Globe story speaks volumes. The average percentage of uninsured working adults in this country is 22%, the average for Massachusetts is 7% and the average for Texas is 32%. For children ages 18 and under, 10% on average are uninsured in the U.S., compared to 17% for Texas and just 3.5% for Massachusetts.

So Texas has 10% more uninsured adults and 7% more uninsured kids than the national average. Meanwhile, Massachusetts has 15% fewer uninsured adults and 6.5% fewer uninsured kids than the national average. Yet Perry pats himself on the back for the healthcare in Texas while Romney can't run fast enough away from the good he did in this regard as MA's governor -- huh?

This country is insane. Up is down, black is white, etc.

From the article, "Texas has the highest rate of uninsured people in the country - 24.6 percent - and the number of uninsured that has grown by 35 percent during Governor Rick Perry’s 11-year tenure.... And what is the price Texas pays for so many without insurance? A host of health problems, researchers have found. Overall health care quality for Texas is poorer than in every other state, especially when it comes to preventive, acute, and chronic care, as well as care for diabetes, heart, and respiratory diseases, according to the 2010 report of the federal Agency for Healthcare Research and Quality.... Texas ranks third to last in the country for the percentage of adults with a regular source of medical care, according to Commonwealth Fund data on state health system performance.... [I]n a state where 16.8 percent of children are uninsured, more than all but one other state, only half of Texas children have a medical provider who knows them and coordinates their care. More than a third of them have not received recommended medical and preventive care within the year, and immunization rates are low as well. Texas also ranks last in the country in the percent of children who receive needed mental health care.... Doctors recount horror stories of uninsured patients who die of treatable diseases because families delay seeking medical help or must endure long waits for appointments with specialists."

Some Texas miracle....

Monday, September 26, 2011

Let me understand, Intel is smart enough to realize that with interest rates this low, it pays for them to float debt and use the proceeds to repurchase their stock. In other words, issue debt at an average of say 3% interest and buyback stock which will net 4+% in gains. A no-brainer for the corporate world.

Then why is it in a near-zero interest rate environment (real rates are actually negative) for the nation that we're not likewise taking advantage of cheap (free?) borrowing rates to increase debt in order to stimulate the economy, increase employment and frankly invest in our country literally via infrastructure projects? Studies show we need to invest trillions of dollars in bridge repair, etc., and these projects only get more expensive with delay. Best to take them on now while borrowing is very cheap, and it would serve to meaningfully boost employment.

It all just makes too much sense -- what's the catch? Oh right, Republicans don't want Democrats to do well next year. Party first, f*ck the country.

Wednesday, September 14, 2011

Proof that Republicans have been more intransigent and uncompromising towards Obama than the Democrats were towards GW.

It's not even close -- which shouldn't surprise anyone.

Wednesday, September 07, 2011

Maureen Dowd's recent column received much (deserved) attention. So many have grown so frustrated with Obama -- if he's not already, he should be sweating. As much as the GOP appears to have an exceedingly weak field, he's not invincible.

I will quibble with a line Dowd wrote: "[Obama] is now just a guy in a really bad spot."

Not true. I bolded "now" because Obama has been in a bad spot ever since he took office. As Dowd stated in the first line of her column, no thanks to GW.

The problem isn't as much that he's been in a bad spot, but rather that he hasn't followed through on promises and stated solutions to address these problems. Although Obama and his advisers often treat his supporters as if they have the IQ of a birch tree, the fact is if Obama simply did what he said he was going to do, even if he didn't solve the problem his supporters would be fully by his side today, emphatically praising him.

Unfortunately, his behavior and actions have been less than what he promised us in 2008. He was going to be different, and yet he's just the same.
  • Perry makes GW look like the second coming of Einstein.
  • Yes, maybe we should've went with Hillary after all.
  • Robert Redford is beginning to doubt Obama when it comes to the environment.
  • Is Obama Bad for the Environment?
  • Obama's EPA catering to big industry.
  • Monsanto could very well be the scariest company on the planet.
  • Even CEOs are getting fed up with the partisan divide in Washington. I'm sure they're leaning on their Republican buddies to cut the crap, stop working against the Democrats on everything and start to give in and compromise. Yeah, and oh look, a pig just flew over my house....
  • Sunday, September 04, 2011

    Worse than Bush.

    I just have to wonder when it comes to many issues where Obama has raised the proverbial middle-finger to his supporters, would Hillary have been this bad? Would she too have caved so often on positions she had campaigned on/for? Or would she have shown much more spine and vigor when it came to standing firm for what she believed in and more so, what she had promised those who voted for her??

    Where does it end with Obama? Just when you think he's all but morphed into Republican-lite, he does something else that makes the "-lite" questionable.

    Does he believe he is that much of a lock in 2012, that many of us will have no choice but to hold our noses and vote for him (yes, the HNV (Hold Nose Vote) strategy)? Someone should tell him that many may just stay home, fed up and disgusted by his lack of follow-through on so many things.

    Oh, and those of you on the right who still think Obama is a pinko socialist, at this point you're simply insulting all actual pinko socialists.

    Friday, September 02, 2011

    At this point, it should be apparent to most non-Tea Baggers that the stimulus was not big enough given the scope of our economic problems. Krugman has been saying this forever. Meanwhile, we've been put into a fiscal straight-jacket thanks to ignorant Republicans (who as Kevin writes, argue that WWII got us out of a similar situation not too long ago).

    The fact is with an election year around the corner, Republicans will not go along with anything that might have a chance of working to improve the economy. Partisanship before country is their rule.

    However, it's no coincidence that riots have sprung up all over, in unrelated places like Philadelphia, London, Chile, Egypt, Libya, etc. The Tea Bag faction did hold the entire country hostage during the debt-ceiling "debate" and their shenanigans played a big part prompting the S&P downgrade. If social unrest continues to spread and escalate due to high unemployment, food price inflation, and increasing wealth disparity, to name a few reasons, one has to wonder if the GOP will stick with their staunch austerity positions.

    Whereas Tea Baggers used blackmail to get what they wanted in the form of spending cuts and no taxes, if the economy remains weak or worsens, there's a good chance more outbreaks of unrest will occur due to dire frustration and anger. Will such unfortunate and threatening acts serve as reverse-blackmail, provoking action from Republicans?

    Look, of course no one wishes to see violence erupt -- duh. But while we constantly hear about how 1% own 40% of the wealth or similar such stats, need I remind that 1% of the approximate 300 million people in this country amount to just 3 million. In other words, the super-wealthy are outnumbered 297 million to 3 million. I have a feeling this notion is not lost on many of the 3 million and could make them very nervous if conditions in this country, or elsewhere, truly get ugly.

    Again, let's pray it doesn't happen, that it doesn't come to this and things do improve, but foolish, misguided decisions frequently have consequences.