Peter Blane

CBO on Health Care

Posted in Finances,government by wusspett on September 25, 2009

As any of you reading this probably know, I am against the current form of health care legislation (H.R. 3200).  I feel that I have expressed myself enough on the “health care issues”, so you’re going to get some links.  Your assignment, should you choose to become smart, is to go read these articles and decide if the current form of H.R. 3200 is a good idea.   I laughed when I read the CBO’s release concerning this bill.

CBO and the staff of the Joint Committee on Taxation (JCT) worked together to produce a preliminary analysis of H.R. 3200, the America’s Affordable Health Choices Act of 2009, as introduced by the House Tri-Committee Group on July 14. These latest figures released on July 17 do not represent a complete cost estimate for the legislation. In particular, the estimated impact of the provisions related to health insurance coverage is based on specifications provided by the committee staff, rather than on a detailed analysis of the legislative language. In addition, the figures do not include certain costs that the government would incur to administer the proposed changes and the impact of the bill’s provisions on other federal programs, and they do not reflect any modifications or amendments made after the bill was introduced. Nevertheless, this analysis reflects the major net budgetary effects of H.R. 3200 and builds upon CBO’s July 14 preliminary analysis of the major provisions related to health insurance coverage that are contained in the bill.

*mockingly* HAHAHAHA!  OK, here’s some more info:

Basically, this bill is getting shot down. OK, can we think this through now? geeeeeees!


Racism: a warning

Posted in government by wusspett on September 16, 2009

If any of you disagree with President Obama’s policies, character, or beliefs you are probably racist.  Although it’s possible that you’re not racist for opposing Obama, chances are you really are racist.  Ask Jimmy Carter if you have any further inquiries – he is the one claiming this.

There are several reasons this piece of news has struck a chord with me.  Jimmy Carter sites the south as his knowledge on the subject:

“I live in the South, and I’ve seen the South come a long way, and I’ve seen the rest of the country that shared the South’s attitude toward minority groups at that time, particularly African Americans”

So, the first reason I disagree with this opinion of Jimmy’s is because, if people take what he says to heart and judge accordingly, anything I say that happens to oppose Obama’s policies, beliefs, or character will be regarded as my being racist.  Since I do live in the South, these statements target me especially.  Because anyone who sincerely agrees with Jimmy Carter will follow the same line of thinking in judging my opinion.

A second reason this proclamation is disturbing to me is the extreme over-use and out-right smearing of the true meaning of racism.  The definition of racism has been so distorted, no one is certain for sure what it means and the race card can be used at will to belittle and discredit someone.  Racism means that someone truly believes that their race is SUPERIOR to another race.  So, if my Indian friend disagrees with Obama’s policy, in Jimmy Carter’s mind, he’s a racist.  I have a feeling that Jimmy Carter was not trying to target Indians, but, rather, white conservatives.  I would be much happier if Jimmy Carter just said, “All you concervatives, just shut up”.

My third reason for being upset about these statements made by the cute, old grandpa is that I think he can’t find another way to rise to the top of the political party.  What better way to raise yourself to new levels in your political party by kissing some booty?  “Mr. President, I like you more than anyone else does.  You don’t believe me?  Watch this…”  In my opinion this is a sad, desperate attempt for attention and he is selling himself away in hopes of further approval.


It’s just too funny to ignore

Posted in government by wusspett on September 3, 2009
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As you may know about “Corporate America”, the larger the company, the dumber its operations seem to get.  For instance, the company I work for started implementing a system to effectively replace a team of people.  That was over 2 and a half years ago.  I joined the team after they were supposed to be replaced, and I left the team a year later without ever being replaced – they are still not replaced today.

Given that information, I found it funny to read this article today.  It is my understanding the SEC’s job is to do exactly what they are saying they are going to start learning.  They go on and on saying how this is going to “specialize” them.  This is really blowing my mind.  This entity exists solely to regulate our financial structure.  Meaning, that if you do something illegal, they are supposed to catch you!  I can understand how people get lazy, and, when there are no consequences, it’s easy to slip into a narcotic oblivion.  But, come on people!  *sarcastic tone* Oooo, you’re going to go to Fraud College!  So scary!  I certainly wouldn’t want to try and slip something past you guys! *end sarcastic tone* Except Madoff got it past the SEC for 10 YEARS!  What do you think going to Fraud College is going to do?!  (Wouldn’t it be funny if his name was “Madeoff”?  Like i just Madeoff wit yo money!  Am I behind on that joke?)

I’ll tell you what this is going to do.  You remember when you were little, and your parents would make new rules up on the spot in lieu of something that didn’t turn out well?  What happened in a month?  They forgot about the rule they made up, right?  It’s going to be the same exact thing.  We’re all hyped up about it right now, but, in a few months, this isn’t going to amount to any significant effort.

I mean, what, this isn’t going to become a law – they are just revamping efforts.  They’re going to look EXTRA hard at all those files!  Why?  Uh, because they looked dumb?  Well, if you’re not going to pay the employees more money for looking extra hard, they aren’t going to.  Why should they?  They’ve gotten away for 10 years with no consequence until now.  What’s one instance?  C’mon, it’ll be fine.  By the time this newly found enthusiasm reaches the people who do the work, that enthusiasm is going to rival that of a new tooth brush.


Posted in government by wusspett on August 27, 2009
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Not too long ago I was hanging out with a group of guys, and one of them was depicting how the internet works.  Basically describing that if you, for instance, live in Atlanta and are trying to connect to a website whose servers are in Canada, he was explaining the logic behind the fastest/most efficient way to connect.  This was way over my head.  He understood something I had no clue about.

So, you probably figure I am making a point – haha.  Well, as the guy was talking he made the comment (not to me specifically), “Dude, Microsoft is huge.  They have trillions of dollars worth of assets to help their connections.”  At that moment I realized that in less than a year, the concept of a trillion had been stuffed into a box and now could be used to describe anything.

Try this on for size.  A million seconds is 12 days, a billion seconds is 31 years, but a trillion seconds is 31,688 years. 31,688 YEARS.  That is PRE-HISTORY.  If you spent a $1,000,000 every day, you would have to spend it every day  for 2,740 years to get to a trillion!!

Now back to what that guy was saying about Microsoft.  Their market cap (assets) is $218 billion. Most fortune 500 companies hover around that figure, and even THAT figure is more than the GDP of some countries!  Correct, some companies make more than some countries do in a year – and that’s a quarter of ONE trillion. A quarter.  Are you seeing how big this is?

So, the U.S. national debt is over $11 trillion, or over $36,000 per person (given U.S. population is 300 million).  Bush increased our debt by $1 trillion (over 8 years). Obama is going to double that and MORE.  That means YOU (and me, of course) are responsible to pay this off – as long as we are U.S. citizens.  Of course, not everyone pays taxes, so more burden is shoved on you (and me).  Do you understand?  The government represents US – WE ARE the government – and WE have to pay this debt back.  Am I concerned when inflation rises, or spending increases, or when the dollar devalues?  You bet.  Are you?  Because “the government” is no some far-off, semi-imaginary thing that gives you a tax refund every year.  The government is real and they get their money from us; that’s why we have to pay taxes.  Let’s make it simple: if someone has a credit card with a balance, that person pays off that balance from the income they receive.  We are the government’s income, and they have a balance on their “credit card”.

It doesn’t matter what your political views are.  In my opinion, we should all be very concerned with how the government spends our money.  In fact, I think that is something we should all agree on.

H.R. 1

Posted in government by wusspett on August 20, 2009

Did you know that H.R. 1 was passed earlier this year? (signed by the president february 17th 2009)

Well, the American Recovery and Reinvestment Act of 2009 was passed to “specify appropriations for a wide range of federal programs and would increase or extend certain benefits payable under the Medicaid, unemployment compensation, and nutrition assistance programs.”

The congressional budget office (CBO) estimates this will “increase federal budget deficits by $169 billion over the remaining months of fiscal year 2009, by $356 billion in 2010, by $174 billion in 2011, and by $816 billion over the 2009-2019 period.” (see link above).

The government is doing a great job at spending, but still can’t seem to pass a bill that is going to DECREASE the deficit.