Keyword: costs

Brevity: Headers | « Text »
  • What can employers do to avoid costs of new Obamacare legislation

    12/25/2009 8:17:56 AM PST · by CapnJack · 40 replies · 895+ views
    December 25, 2009 | CapnJack
    What can employers across the country, big and small, do to avoid much of the costs of the new Obamacare legislation? There has been talk about converting employees to contractors. But there are pitfalls to doing this as outlined by this site: http://www.contingentlaw.com/Costly_legal_myths_in_contract.htm What can employees do to avoid costs (or even protest) this new monstrosity being forced upon them? If you are a business owner, what are some plans you might inact to reduce the costs and emilinate or minimize any penalties that will come with this legislation?
  • Vital $igns wrong in fuzzy Dem math: CBO

    12/24/2009 3:38:37 AM PST · by Scanian · 9 replies · 505+ views
    NY Post ^ | December 24, 2009 | CHARLES HURT
    WASHINGTON -- Senate Democrats are using phony accounting to claim their health-care legislation isn't a budget buster, Congress' own nonpartisan auditors charged in a letter yesterday. The Congressional Budget Office said rosy projections by Senate Democrats that their health-care bill will cut the deficit by $132 billion while still being able to fully meet future Medicare obligations is mathematically impossible. "To call this 'reform,' you would have to call Bernie Madoff honest," said Sen. Judd Gregg (R-NH). The bill includes some $500 billion in projected savings for Medicare, leading sponsors to say it will make a huge cut in the...
  • The GOP Health Plan: Ways to make care cost less

    12/05/2009 3:35:12 AM PST · by Scanian · 332+ views
    NY Post ^ | December 5, 2009 | MATT PATTERSON
    Democrats have done a good job portraying Repub licans as health-care-reform obstructionists. Rep. Chris Van Hollen (D-Md.) gave the party line, for example, when he told Talk Radio News service, "There is no Republican health-care plan out there." In fact, the GOP has offered several health-reform bills. And on Nov. 3, the party's leaders in the House unveiled a comprehensive reform plan, introduced as a substitute amendment by Minority Leader John Boehner (R-Ohio) -- which Democrats defeated 258 to 176 on Nov 7. The bill, says Rep. Paul Ryan (R-Wis.), represents Republicans uniting behind "eight or 10" core principles. One...
  • Big Costs Are Hurdle to Climate Pact

    12/03/2009 8:19:08 PM PST · by FromLori · 9 replies · 383+ views
    WSJ ^ | 12/4/09 | CHARLES FORELLE
    Poorer EU nations -- some of which have lower economic output per capita than developing countries such as South Korea or Malaysia -- are loath to send money abroad. European industries are wary of supporting their Asian competitors. In September, the European Commission proposed a blueprint for financing that pegged the total cost in developing countries at €100 billion annually by 2020. The leaders of the bloc's 27 nations agreed with the figure, but said only that the EU would pay its "fair share" of the total, without committing to an amount. That followed fierce objections from Poland, which often...
  • Wrong diagnosis, wrong treatment

    12/02/2009 2:51:45 AM PST · by Scanian · 195+ views
    The American Thinker ^ | December 02, 2009 | Andrew Foy and Brenton Stransky
    "Most of the energy of political work is devoted to correcting the effects of mismanagement of government." - Milton Friedman The art of medicine requires the health care provider to make an accurate diagnosis in order to formulate an effective treatment plan. This is also true of the art of policy making and is magnified by the fact that one piece of legislation affects the lives of millions of individuals whereas the art of medicine affects only one. Proponents of the health care reform bills coming out of Congress claim the bills will decrease medical cost growth over time, making...
  • All that health care reform money - for nothing

    11/20/2009 2:44:22 AM PST · by Scanian · 13 replies · 573+ views
    The American Thinker ^ | November 19, 2009 | William Tate
    Seinfeld fans should love Harry Reid's health scare plan. Reid wants to spend almost a trillion of your tax dollars over the next decade for ... nothing. According to reports, Reid's plan would leave 24 million people uninsured in 2019. That is approximately the same number of people that some studies show who are currently uninsured because they can't afford health insurance. One dirty, big secret that Dr. Reid, Nurse Nancy, and Orderly Obama don't want you to know is that a significant number of uninsured Americans can afford health insurance; they just choose not to purchase it. Many are...
  • The health-deform express

    11/20/2009 2:00:57 AM PST · by Scanian · 2 replies · 365+ views
    NY Post ^ | November 20, 2009 | Editorial
    The Democrats' health-care express is on the move again -- too quickly for Americans to absorb the long-term implications of its potentially devastating impact on the US economy. Senate Majority Leader Harry Reid unveiled his latest bill Wednesday, complete with a Congressional Budget Office analysis suggesting it would cost $849 billion over 10 years -- well below the president's $900 billion ceiling. In fact, the actual cost of the Reid bill is three times that figure. Yet Reid aims to push through a critical procedural vote on the bill this weekend, which will demonstrate whether he has the 60-vote "supermajority"...
  • Another set of cooked books

    11/20/2009 1:56:24 AM PST · by Scanian · 6 replies · 457+ views
    NY Post ^ | November 20, 2009 | JEFFREY H. ANDERSON
    SENATE Majority Leader Harry Reid is touting the Senate's latest health-care bill as costing $849 billion over 10 years. But this uses the same accounting trick as past versions: 99 percent of the costs don't kick in until the fifth year of that "10-year" period. The true 10-year costs are well over twice what Reid's advertising: $1.8 trillion. The Democrats cite the bills' projected costs from 2010-19. Yet, as the Congressional Budget Office reports, the bill would cost just $9 billion total from 2010 through 2013 -- versus $147 billion in 2016 alone. In the first 40 percent of what...
  • Health Bill Hoax ...

    11/19/2009 5:29:17 PM PST · by Kaslin · 19 replies · 934+ views
    Investors.com ^ | November 19, 2009 | INVESTORS BUSINESS DAILY staff
    Reform: Only a Bernie Madoff could believe the Senate's health care bill will extend coverage to 31 million Americans while cutting deficits by $127 billion over 10 years. It would be the first profitable entitlement. But that's what Majority Leader Harry Reid, citing Congressional Budget Office estimates, tells us the 2,074-page bill — said to cost only $849 billion over a decade — would do. Like House Speaker Nancy Pelosi, he seems to be following Vice President Joe Biden's admonition at an AARP town hall meeting that "we've got to spend money to keep from going bankrupt." We suspect Reid's...
  • 'Reform' at your expense: Health premiums to skyrocket

    11/17/2009 3:28:04 AM PST · by Scanian · 15 replies · 712+ views
    NY Post ^ | November 17, 2009 | SALLY PIPES
    The health-reform bill that the Senate will soon debate may differ markedly from the one written by Speaker Nancy Pelosi that passed the House -- but both would raise the cost of health care for ordinary Americans. Such an approach is at odds with the chief goal of reform -- to increase access to care by reducing the cost. The Empire State is ill-equipped to deal with higher health costs. New York's health system is already one of the most expensive in the country, with total private and public health-care spending of more than $6,500 a person a year. Only...
  • Putting the city in danger

    11/14/2009 2:42:14 AM PST · by Scanian · 20 replies · 567+ views
    NY Post ^ | November 14, 2009 | STEVE CASSIDY
    ATTORNEY General Eric Holder's decision to send the radical Islamic terrorists responsible for the 9/11 attacks to New York City for trial is horribly misguided. This public-safety mistake will further endanger our city and the lives of New Yorkers. New York City has always been in the crosshairs of terrorists seeking to attack our nation. Our city likely will always be the No. 1 terrorist target, but yesterday we had another bulls-eye placed on our backs, inviting yet another terrorist attack. The trials for these murderous terrorists are expected to be long and drawn out -- perhaps taking years, thanks...
  • House Republicans introduce 230-page health bill

    11/05/2009 2:59:31 AM PST · by Scanian · 16 replies · 786+ views
    NY Post ^ | November 3, 2009 | AP
    WASHINGTON — After months spent criticizing Democrats' health overhaul plans, House Republicans have produced a draft proposal of their own. It's much shorter and focuses on bringing down costs rather than extending coverage to nearly all Americans. A 230-page draft was obtained Tuesday by The Associated Press. A spokeswoman for Minority Leader John Boehner, R-Ohio, said changes were still being made before the bill would be finalized in time to offer as an alternative when Democrats begin floor debate on their bill, possibly at the end of this week.
  • Immorality Drives Medical Costs

    11/03/2009 8:49:34 PM PST · by TomasUSMC · 8 replies · 463+ views
    2 November 2009 | Roger Fredinburg
    Immorality Drives Medical Costs By Roger Fredinburg Watching the “Great Debate” over medical insurance, rising medical costs and ever broadening government control, I am reminded of some interesting facts, the details of which are not evident in the public or political discussion. I thought we ought to at least review them before the “rulers” of “Amerika” completely destroy the republic. Have you asked questions like; What is the cost of substance abuse on the medical system? What are the medical costs of sexual deviance and promiscuity? What’s the price of gluttony? How about laziness, slothfulness, sedentary lifestyles etc. what is...
  • Democrats challenged on cost of health bill

    10/31/2009 7:06:25 AM PDT · by La Lydia · 13 replies · 602+ views
    Washington Post ^ | October 31, 2009 | Lori Montgomery
    Republicans on Capitol Hill are challenging an assertion by House leaders that their new health-care package comes in under President Obama's spending limit of $900 billion over the next decade. The true cost of the measure, the GOP argues, is more than $1 trillion. A House leadership aide dismissed the charge as "GOP spin." But, in this case, the spin is essentially true. According to a preliminary estimate by the nonpartisan Congressional Budget Office, expanding coverage to an additional 36 million Americans would cost $1.055 trillion over the next decade under the House plan, counting tax breaks for small businesses,...
  • New Poll: Americans Don’t Believe Obama and Congress Share Their Priorities on Health Care

    10/29/2009 4:14:57 AM PDT · by Scanian · 3 replies · 359+ views
    NRO ^ | October 28, 2009 | Nicholas Thompson
    Data from the new NBC/Wall Street Journal poll present a problem for President Obama and congressional Democrats as they try to sell their health-care plan: Americans do not believe Obama and Congress are paying sufficient attention to the cost issue, which is a top public concern. As this chart shows, while Americans are essentially split on what Obama and Congress should be most focused on addressing, they are not split on what the proposed health-care plan actually is addressing. Some 38 percent of Americans say the plan should be most focused on health-care costs, and only 13 percent say the...
  • Back from dead: Return of the 'public option'

    10/27/2009 4:01:54 AM PDT · by Scanian · 8 replies · 581+ views
    NY Post ^ | October 27, 2009 | Rich Lowry
    The public option is back. Its Lazarus act is hailed as a sign of how rosy the health- care debate looks for Democrats. August is but a sepia-tinged memory. Passage of a sweeping bill is now considered a lock by the wisest Beltway pundits. And legislation may even include the most shining prize of all, the public option that liberals -- no matter what the talking points for public consumption -- consider a way station to the Valhalla of a government-controlled system. The flush on ObamaCare's cheeks, though, is not necessarily a sign of health. The return of the public...
  • $1T reform for 5%ObamaCare to cover few

    10/19/2009 3:52:45 AM PDT · by Scanian · 9 replies · 524+ views
    NY Post ^ | October 19, 2009 | JEFFREY H. ANDERSON
    THE health-care-reform debate is plagued by different num bers on how many Ameri cans lack health insurance, but we actually have excellent data on the question: Ninety percent of Americans are insured, according to the Census -- and even the president more or less concurs. The Census is the source for the much-cited figure of 46 million uninsured. Yet the very same table plainly indicates that 9 million of those are not US citizens. That leaves 37 million uninsured who are Americans. But there's more. In the same document, the Census also plainly states that "health-insurance coverage is underreported" in...
  • ObamaCare's Magic Math: Dems struggle to hide costs

    10/16/2009 3:18:57 AM PDT · by Scanian · 15 replies · 589+ views
    NY Post ^ | October 16, 2009 | Rich Lowry
    IF only the laws of the uni verse didn't make it impossi ble to conjure something out of nothing. In a magical world free of such encumbrances, Democrats would be spared the bother of hiding the inevitable costs of ObamaCare. The latest gambit of Democrats in both the Senate and House is to take roughly $250 billion out of health-care reform -- for Medicare payments to doctors -- and spend it in a separate bill. This instantly makes ObamaCare appear cheaper, although its impact on the federal budget will be precisely the same. This isn't even competent three-card monte. It's...
  • Customers will pay big for health fix: insurers

    10/13/2009 3:13:59 AM PDT · by Scanian · 9 replies · 570+ views
    NY Post ^ | October 12, 2009 | AP
    <p>WASHINGTON -- The insurance industry yesterday charged that the proposed Senate health-care bill would shift costs to privately insured people, raising the price of a typical policy by hundreds -- if not thousands -- of dollars annually.</p> <p>The trade group America's Health Insurance Plans sent its members a new accounting-firm study that projects the legislation would add $1,700 a year to the cost of family coverage in 2013.</p>
  • How Congress Is Cooking the Books

    09/30/2009 3:23:23 AM PDT · by Scanian · 4 replies · 458+ views
    NY Post ^ | September 30, 2009 | MICHAEL TANNER
    LAST week, the Senate Finance Committee voted 12-11 not to wait for the Congressional Budget Office to "score" its health-care bill before the committee votes on it. Imagine that: Some senators actually wanted to know how much the bill costs before voting on it. Let them get away with something like that, and before you know it they'll be demanding honest accounting practices -- sending the whole legislative process to hell in a hand basket. When it comes to the health-care-reform debate, you see, honest budgeting is nowhere to be seen.
  • Honduras Curfew Costs Economy $50 Million Daily, Canahuati Says

    09/23/2009 9:43:07 PM PDT · by Nachum · 4 replies · 267+ views
    Bloomberg ^ | 9/23/09 | Blake Schmidt and Andres R. Martinez
    Sept. 23 (Bloomberg) -- Honduras’s nationwide curfew is costing the Central American nation’s economy $50 million a day, said Jesus Canahuati, vice president of the nation’s chapter of the Business Council of Latin America.
  • The Machine That's Ruining Healthcare (MRIs are the problem, also hip replacements)

    09/23/2009 10:18:40 AM PDT · by Williams · 41 replies · 1,295+ views
    MSN Money ^ | 9 23 09 | Mark Gimein
    The main question of the national debate on health care has been who should pay for it, but lurking behind it is another one: Why does American health care cost so much in the first place? ... Obviously, the MRI is an extremely useful tool, giving doctors an ability to see inside the body and diagnose conditions that would otherwise require them to probe and cut into their patients' bodies. It is also expensive to buy -- at about $2 million -- and expensive to operate.... http://articles.moneycentral.msn.com/Investing/Extra/the-machine-that-is-ruining-health-care.aspx?GT1=33002
  • (vanity) Need to understand the installed cost of a residential elevator. (Mom and Dad moving in)

    09/22/2009 6:09:56 PM PDT · by Blueflag · 44 replies · 1,155+ views
    The hearts and minds of FReepers ^ | 9/22/2009 | blueflag
    Fellow FReepers -- We are going to move my aging parents into the finished ground floor of our home. To make this work best we want to install a residential elevator into our existing structure. Architecturally, this is not hard to do, as there are several locations in the home where we can easily fit the 'column' of the lift. BUT ... we don't have the first clue of what this might really cost us. Who has done this? ... and can shed light on the REALISTIC costs of putting in a lift capable of handling my mom in her...
  • Obamacare-Point and Counterpoint

    08/22/2009 4:40:41 AM PDT · by Scanian · 6 replies · 442+ views
    The American Thinker ^ | August 22, 2009 | Frank S. Rosenbloom, M.D.
    Mr. Obama has gone back on the campaign trail to try to sell his health care reform to the nation. Mostly hand-picked, sympathetic attendees have been showing up to his town hall meetings. He continues to make the same points regarding health care reform, which need to be addressed specifically. I hope to address more in future articles. 1. We need health care reform. We do not need health care reform. We have the best health care system in the world. We need health insurance reform. 2. Free market health insurance has caused our current problem. It is the government...
  • CLUNKER HEALTH CARE?

    08/22/2009 4:31:07 AM PDT · by Scanian · 11 replies · 581+ views
    NY Post ^ | August 22, 2009 | Editorial
    The Obama folks plan to end their Cash for Clunkers program Monday -- and good thing, since it was rap idly falling into chaos. By contrast, if Congress passes President Obama's plan for health-care reform, Americans may be stuck with it forever. No matter how much of a "clunker" it turns out to be. And, indeed, judging by the car-subsidy program, ObamaCare may well be just that -- if not worse. Sure, the clunker plan always sounded good: Free money toward a new car -- who'd complain about that? Well, for starters, the money comes from taxpayers. So it's not...
  • NHS compensation costs rise to £807m

    08/18/2009 8:46:31 PM PDT · by Nachum · 2 replies · 213+ views
    Guardian UK ^ | 8/18/09 | Owen Bowcott
    The NHS spent more than £800m settling legal claims last year as complaints of medical negligence against the service rose sharply. The surge in payouts is revealed in the NHS Litigation Authority's annual accounts which show that maternity services attract the highest legal costs. Clinical errors in delivering babies can result in lifelong damage and payments accordingly reflect the intensive medical care often needed for decades to come.
  • THE HOPES OBAMACARE WOULD KILL

    08/18/2009 3:29:29 AM PDT · by Scanian · 17 replies · 1,595+ views
    NY Post ^ | August 18, 2009 | MARC K. SIEGEL
    FOR generations, we doctors have promised our patients that medical advances will allow us all to live longer, more comfortable lives. Now that these results are finally arriving, "health-care reform" -- or "insurance reform," as they're now pitching it -- could snatch the rug out from under us. Cost-control is central to any health-care "reform" along the lines favored by President Obama and congressional Democrats. But new treatments, while ever more precise and personalized, are also costlier. Anyone who's been saved from cancer by the latest targeted chemotherapy treatment, had a lung or breast cancer diagnosed early by a CT...
  • ObamaCare and Hidden Agendas

    08/18/2009 3:05:50 AM PDT · by Scanian · 5 replies · 428+ views
    The American Thinker ^ | August 18, 2009 | Randall Hoven
    President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. "The health care system in America is broken. Costs are rising at an unacceptable rate - more than doubling over the last 10 years, which is nearly four times the rate of wage growth. Too many patients feel trapped by healthcare decisions dictated by HMOs. Too many doctors are torn between practicing medicine and practicing insurance. And 47 million Americans...
  • OBAMACARE KILLS HEALTH COMPETITION

    08/13/2009 3:49:19 AM PDT · by Scanian · 9 replies · 620+ views
    NY Post ^ | August 13, 2009 | Michael Tanner
    PRESIDENT Obama has repeatedly said that one of his "reform" goals is to increase "competition and choice" in the US health-care system -- but the policies he's pursuing would actually reduce competition and give consumers fewer choices. Meanwhile, he's ignoring reforms that would bring more choices and competition. The nation now has some 1,300 insurance companies, but most consumers actually have far fewer choices. An American Medical Association survey found that in 299 of 313 largest metro areas, one insurer controls at least 30 percent of the market. In New York, just two insurers, GHI and Empire Blue Cross, represent...
  • CBO – Obamacare Will Raise Costs, not Cut Them

    08/09/2009 6:42:29 PM PDT · by Starman417 · 1 replies · 245+ views
    Flopping Aces ^ | 08-09-09 | Skye
    So says the Congressional Budget Office: In yet more disappointing news for Democrats pushing for health care reform, Douglas W. Elmendorf, director of the Congressional Budget Office, offered a skeptical view Friday of the cost savings that could result from preventive care -- an area that President Obama and congressional Democrats repeatedly had emphasized as a way health care reform would be less expensive in the long term. The Dems are perturbed, and Pelosi whined: Before that, House Speaker Nancy Pelosi, D-Calif., said that "it's always been a source, yes I will say frustration, for many of us in Congress...
  • Ex-university brass get leaves, payouts

    08/09/2009 6:16:09 AM PDT · by gartrell bibberts · 12 replies · 740+ views
    Raleigh News and Observer (McClatchy) ^ | 08/09/2009 | BY DAN KANE AND ERIC FERRERI
    Over the past five years, taxpayers have paid about $8 million to 117 administrators who either returned to the faculty or left the university. In 24 cases, the payouts were for $100,000 or more. A News & Observer review found that these agreements, along with other transitional payments, offered sizable sums of money with few or no strings attached, in at least three cases violated UNC system policies and in some cases rewarded administrators with as much as a year's salary for a job poorly done.
  • Illinois Representative Rahm Emanuel Discusses the Seized on Prescription Drugs

    08/04/2009 11:55:18 AM PDT · by OL Hickory · 4 replies · 351+ views
    footage.net ^ | 2005-02-08 | unknown
    We're allowing is you standardize the system, you bring the pre--pre-market principles to the marketing of prescription drugs. It's the only product made in the world where there is actually prohibition from free trade. If you brought free trade and competition and choice, actually the market would work.
  • Rasmussen: Just 23% Believe Health Care Costs Will Go Down if Reform Passes Congress

    07/28/2009 8:35:28 AM PDT · by MaestroLC · 6 replies · 515+ views
    Rasmussen Reports ^ | July 28, 2009 | by Scott Rasmussen
    Americans are fairly evenly divided on the health care reform proposals working their way through Congress, but most remain convinced that the plans will raise costs and hurt the quality of the care they receive. The latest Rasmussen Reports national telephone survey finds that 47% are in favor of the reform effort proposed by President Obama and congressional Democrats while 49% are opposed. Those figures include 25% who Strongly Favor the plans and 41% who are Strongly Opposed. The specifics of what will be in a health care reform plan remains hotly debated in Congress at the moment. When a...
  • The Costs of Free Government Healthcare

    05/15/2009 6:50:07 AM PDT · by Cruz · 7 replies · 530+ views
    The American Thinker ^ | May 15, 2009 | David Gibberman
    Proponents of government-run health care like to point out that countries with such a system spend a smaller percentage of their gross domestic product on health care than the United States. What they don't like to mention is how those savings are achieved. For example:
  • Editorial: Consider costs of environmental edicts

    04/20/2009 9:44:17 AM PDT · by NormsRevenge · 7 replies · 280+ views
    OC Register ^ | 4/20/09 | Editorial
    There's potentially good news on the environmental front out of Washington D.C., but it's probably more than offset by a devastating announcement Friday. First, the good news. The U.S. Supreme Court ruled 6-3 that the Environmental Protection Agency, when upgrading older power plants, may consider costs before demanding use of the most advanced technology, as required by law. The ruling was a defeat for environmentalists, who challenged the Bush administration's discretionary practice. Hans Bader, special projects counsel for the Competitive Enterprise Institute think tank, told us the ruling permits continued cost-benefit analysis as an option in upgrades .. The group...
  • "The Skyrocketing Cost of Higher Education"

    04/17/2009 2:56:39 PM PDT · by Puddleglum · 12 replies · 358+ views
    http://www.phawkins.com/ ^ | 04-17-2009 | self
    We need to fix the problem of colleges sending graduates out into the world with mountains of debt and degrees that are increasingly deflated because everyone gets one. The sources of this problem are the three-fold: 1) college prices are high because everyone wants in (supply and demand), 2) degrees are worth less because universities grant them with increasing rapidity while holding students to increasingly low academic standards, and 3) government has the misplaced idea that it is somehow democratic to fund college education based on economic standards and not student merit. Government policy toward education should be to assist...
  • GAO Calls Iraq Pullout A 'Massive,' Costly Effort

    03/26/2009 9:50:55 AM PDT · by anniegetyourgun · 7 replies · 341+ views
    WaPost ^ | 3/25/09 | Karen DeYoung
    The removal of about 140,000 U.S. troops from Iraq by the end of 2011 will be a "massive and expensive effort" that is likely to increase rather than lower Iraq-related expenditures during the withdrawal and for several years after its completion, government investigators said in a report released yesterday
  • Columbus questions whether it needs paramedics (From the Obamacare Playbook)

    03/22/2009 9:19:28 PM PDT · by buccaneer81 · 23 replies · 710+ views
    The Columbus Dispatch ^ | March 22, 2009 | Suzanne Hoholik
    Columbus questions whether it needs paramedics City panel suggests returning to cheaper basic emergency medical care Sunday, March 22, 2009 8:43 PM By Suzanne Hoholik THE COLUMBUS DISPATCH A committee charged with finding ways for Columbus to save money has recommended that the city return to a basic emergency medical system. The last time the Columbus Division of Fire provided only basic-level care was in 1968. Since then, Columbus has provided advanced life support to anyone who calls 911 for medical attention, whether a patient needs it or not. Basic care mostly involves stabilizing injuries before a patient is transported....
  • Islamic-Style Ponzi Scheme Costs Investors 100 Million Shekels

    03/13/2009 10:33:23 AM PDT · by Nachum · 10 replies · 397+ views
    Arutz Sheva ^ | 3/13/09 | Hillel Fendel
    (IsraelNN.com) Ali Al-Kurd, a money-changer in eastern Jerusalem, promised his investors a 26 percent annual profit. He disappeared several weeks ago, and 100 million shekels – some say 200 million – are gone. The story, broken by Israel’s business weekly Globes, began seven years ago, according to some reports. Ali Al-Kurd, son of a wealthy businessman, began paying between 21 and 26 percent annual interest rates, in regular monthly payments, on investment sums that reached as high as $1.2 million. He held lavish meetings with potential investors, spoke vaguely of various opportunities in Israel and elsewhere, but “when you left...
  • Governor Palin's Staff Addresses Expenses Issues

    02/24/2009 2:45:08 PM PST · by SolidWood · 24 replies · 903+ views
    Office of Alaska Governor Sarah Palin ^ | Office of Governor Palin
    Governor’s Staff Addresses Expenses Issues on News Media Coverage of Per Diem FOR IMMEDIATE RELEASE No. 09-35 Governor’s Staff Addresses Expenses Issues February 23, 2009, Anchorage, Alaska – Staff for Governor Sarah Palin today responded to persistent news media coverage of the per diem the governor has collected while working away from her official duty station of Juneau, while pointing out significant savings the governor has achieved in regard to the way she has discharged her official duties. “The news media have been focused on the $8,500 the governor has collected in per diem annually while working in Anchorage, almost...
  • CA: Taxpayers may have to cover octuplet mom's costs

    02/11/2009 3:51:57 PM PST · by NormsRevenge · 36 replies · 1,319+ views
    AP on Yahoo ^ | 2/11/09 | Shaya Tayefe Mohajer - ap
    LOS ANGELES – A big share of the financial burden of raising Nadya Suleman's 14 children could fall on the shoulders of California's taxpayers, compounding the public furor in a state already billions of dollars in the red. Even before the 33-year-old single, unemployed mother gave birth to octuplets last month, she had been caring for her six other children with the help of $490 a month in food stamps, plus Social Security disability payments for three of the youngsters. The public aid will almost certainly be increased with the new additions to her family. Also, the hospital where the...
  • Treasury says TARP costs $26.55 million through January

    01/06/2009 10:25:16 AM PST · by NormsRevenge · 11 replies · 326+ views
    Reuters on Yahoo ^ | 1/6/09 | David Lawder
    WASHINGTON (Reuters) – How much does it cost to spend $350 billion? The U.S. Treasury said on Tuesday its administrative bill for the Troubled Asset Relief Program is expected to total $26.55 million through the end of January, mostly to pay for services such as accounting and custodial contracts. In a report to Congress, the Treasury said it incurred $5.58 million in expense obligations through December 31. Congress has released only the first half of the $700 billion bailout fund, which was approved in October 2008. The Treasury has allocated about $354 billion from the fund, but has released only...
  • Climate fight costs may be three times more (UNFCCC report)

    11/28/2008 12:00:12 PM PST · by NormsRevenge · 15 replies · 647+ views
    Reuters ^ | 11/27/08 | Reuters
    LONDON (Reuters) - The cost of efforts to avoid dangerous global warming may be 170 percent higher than 2007 estimates, a report for the U.N.'s climate agency said on Thursday. The report comes four days before the U.N. leads a fresh round of talks in Poland to agree a successor to the Kyoto Protocol in ongoing negotiations marred by squabbles over who should bear the cost of fighting climate change. The U.N. report cited research by the International Energy Agency (IEA), energy adviser to 28 countries, and others which showed growing capital costs especially in the energy sector. "The increased...
  • Iraq Government Set to Pay More Reconstruction Costs

    10/16/2008 9:20:24 PM PDT · by SandRat · 2 replies · 196+ views
    WASHINGTON, Oct. 16, 2008 – Today’s increased price of oil is fueling Iraq’s ability to pay more for its reconstruction costs that up to now have been heavily funded by U.S. taxpayers, a senior U.S. official said at the White House yesterday. Since Saddam Hussein was deposed by U.S. and coalition forces in 2003 “a lot of the heavy lifting” in terms of cost in restoring Iraq’s worn out infrastructure has been accomplished with American tax dollars, said U.S. Treasury Department employee Ged Smith, who is the U.S. Treasury attaché at the U.S. Embassy in Baghdad. Smith, who has been...
  • Warning: Tuition Hike Ahead

    08/13/2008 2:40:10 PM PDT · by bs9021 · 3 replies · 74+ views
    Campus Report ^ | August 13, 2008 | Jeff Waldmann
    Warning: Tuition Hike Ahead by: Jeff Waldmann, August 13, 2008 As Congress and the President continue to squabble over consolidating the federal budget, they pass bills that simultaneously undercut their efforts and expand government, says Brian M. Riedl, a Heritage Foundation fellow. Riedl gives a glaring example of one such bill that counteracts any comparatively minor budget cuts that have been made. He writes, “virtually unnoticed, the House of Representatives voted 354 to 58 on February 7 to add $169 billion in new higher-education spending and create at least 50 new federal programs. In other words, one step forward, ten...
  • Weekly Gardening Thread --- To grow or to buy

    05/30/2008 5:30:48 AM PDT · by Gabz · 103 replies · 259+ views
    MSN Money ^ | May 28,2008 | Sally Herigstad
    5 foods it's cheaper to grow If grocery prices have you thinking about cutting costs with a garden, you may be on the right track. But be careful what you plant; a garden could raise your food costs. Whether you save by gardening depends largely on where you live, what you grow and how well you resist slick gadgets and miracle solutions. If you're looking to save money rather than to start a hobby, here are five garden crops likely to give you the best return: What about tomatoes? They require moderate care and vigilance, and in short-season climates, you...
  • American Degree Mills Exposed

    05/27/2008 12:16:46 PM PDT · by bs9021 · 14 replies · 112+ views
    Campus Report ^ | May 27, 2008 | Deborah Lambert
    American Degree Mills Exposed by: Deborah Lambert, May 27, 2008 If someone in your family is heading off to college shortly, here’s something you might want to think about. A new study by the non-profit Delta Cost Project found that although the cost of college tuition outpaces inflation by a country mile, it doesn’t necessarily translate into better results, according to USA Today. For example, this year “the sticker price increases ranged from 4.2% at community colleges to 6.6% at public four-year institutions.” Since a college degree is still the must-have “ticket” for every American student, steady tuition increases are...
  • Climate Change Bible

    04/23/2008 9:47:25 AM PDT · by bs9021 · 11 replies · 67+ views
    Campus Report ^ | April 23, 2008 | Bethany Stotts
    Climate Change Bible by: Bethany Stotts, April 23, 2008 While some global warming skeptics may have accused climate change believers of placing undue “faith” in murky science, some professors have already elevated the cause to a Christian edict. In his recent column “The Ultimate Ethical Issue?,” Professor David P. Gushee casts combatting climate change as Christianity’s ultimate moral test—and dismisses family values and constitutionality in the process. “The data is in: Human beings are indeed culpable [for climate change],” comments the Mercer University Theology Professor. His article appears in PRISM, a publication of the progressive Evangelicals for Social Action (ESA)....
  • Soaring Food Costs Risk 'Starvation And Unrest'

    04/13/2008 7:49:32 PM PDT · by blam · 33 replies · 94+ views
    The Telegraph (UK) ^ | 4-14-2008 | Alex Spillius
    Soaring food costs risk 'starvation and unrest' By Alex Spillius in Washington Last Updated: 2:41am BST 14/04/2008 The world's poorest countries face starvation and civil unrest if global food prices keep rising, the head of the International Monetary Fund has said. There have been serious disturbances in more than a dozen developing countries, including Haiti [pictured] Dominique Strauss-Kahn said in Washington that "hundreds of thousands of people will be starving". "Children will be suffering from malnutrition, with consequences for all their lives," he said. He predicted that increasing food prices would push up the cost of imports for poor countries,...
  • Collectivism Is Not the Cure

    03/20/2008 9:20:14 AM PDT · by GoldwaterInstitute · 3 replies · 240+ views
    The Goldwater Institute ^ | March 20, 2008 | Thomas Patterson
    Collectivism Is Not the Cure : Health Care Market Needs Innovation, not Regulation Thomas C. Patterson, Goldwater Institute Daily Email, March 20, 2008 Have you ever tried to do cost comparisons for medical services? You do it all the time for your car, your house, food and clothes. But it’s not easy to find out what medical services cost before you buy. Of course, most of us aren’t too concerned because we figure we’re not paying the bill anyway. PATMOS Emergiclinic in Greeneville, Tenn., is different. Their charges are prominently posted in the clinic, on their Web site (patmosemergiclinic.com) and...