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Keyword: failure

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  • Ayaan Hirsi Ali: Obama’s Strategy on Islamic Extremism ‘Has Failed’

    11/23/2015 11:05:06 PM PST · by Jim Robinson · 19 replies
    Breitbart ^ | November 23, 2015 | by IAN HANCHETT
    Author and human rights activist Ayaan Hirsi Ali argued President Obama's position on radical Islam is what he believes is strategic, but "it's a strategy that has failed" on Monday's "Hannity" on the Fox News Channel. Ali stated, "I'm always surprised to see people of authority here saying, what we see, these terrorist acts, the subjugation of women, the hatred of Jews and Christians, it has nothing to do with Islam. I mean, I watch that with amazement. I obviously have come to understand that it is a strategic position, that if we say these things, maybe the Islamist extremists...
  • Amanpour, CNN Analysts Rip Obama on ISIS: 'The Strategy Is Not Working'

    11/16/2015 3:52:35 PM PST · by markomalley · 34 replies
    Newsbusters ^ | 11/16/15 | Matthew Balan
    On Monday, CNN's Christiane Amanpour and two of her network's analysts blasted President Obama moments after he ended a press conference where he defended his anti-ISIS strategy. Amanpour underlined that Obama "something that was pretty incredible...that our strategy is working. People do not believe that to be the case. The only strategy that's working is the strategy that he tends to dismiss — and that's the ground troop strategy. Sinjar, Tikrit, Kobani — those are the only ISIS strongholds that have been taken back by a combination of American intelligence and air power, and local ground forces." [video below] The...
  • Fears of failure grow for rods on Bay Bridge eastern span

    10/25/2015 12:01:20 PM PDT · by Leaning Right · 134 replies ^ | Oct. 25, 2015 | Jaxon Van Derbeken
    New documents raise questions about the integrity of the steel rods that hold together the Bay Bridge eastern span and point to potentially widespread problems that experts warn could lead to premature failure.
  • Freefall - POLL: Hillary DOWN 10 POINTS IN LESS THAN A WEEK

    10/10/2015 12:21:36 AM PDT · by 100American · 18 replies
    Reuters ^ | Alana Wise
    Just days before she will take the stage in the first Democratic debate, Hillary Clinton's lead over rival Bernie Sanders has narrowed, according to a Reuters/Ipsos poll. Clinton's support among Democratic voters fell 10 points within less than a week. From October 4 to October 9, Clinton saw her support tumble from 51 percent of Democratic support to just 41 percent. Her nearest competitors, Vermont Senator Sanders and Vice President of the U.S. Joe Biden, who has yet to decide whether he will run, both made gains. Support for Sanders jumped from just over 24 percent to 28 percent, and...
  • Obama Weighs "Syria Retreat" As White House Ends Training Of Moderate Rebels

    10/09/2015 10:53:13 AM PDT · by Jack Black · 17 replies
    Zero Hedge ^ | 10/9/2015 | Submitted by Tyler Durden
    This past weekend we called Obama's latest failed attempt to replace Syria's president (after a comparable attempt in 2013 also ended in failure) for what it is: "Make no mistake, this is shaping up to be the most spectacular US foreign policy debacle since Vietnam - and we don't think that's an exaggeration." Some of our high level observations: The US, in conjunction with Saudi Arabia and Qatar, attempted to train and support Sunni extremists to overthrow the Assad regime. Some of those Sunni extremists ended up going crazy and declaring a Medeival caliphate putting the Pentagon and Langley in...
  • Obamas Hope-and-Change Foreign Policy

    09/29/2015 4:56:01 AM PDT · by Servant of the Cross · 5 replies
    National Review ^ | 9/29/2015 | Victor Davis Hanson
    President Obama applies the same principles abroad that he does at home. At home President Obama is well known for his preference for perceived parity over liberty. Most of his domestic agenda Obamacare, executive-order amnesties, open borders, near-zero interest rates, quantitative easing, the piling up of $9 trillion in new debt, tax hikes, more regulations is apparently aimed at shifting power and capital away from the upper middle class to the lower classes. From Obamas first appearance on the national scene, his rhetoric has been directed against those whom he perceives as the inordinately privileged much more...
  • Jeb Bush: Theres Not a National Right to Gun Ownership

    09/16/2015 8:24:38 AM PDT · by HomerBohn · 120 replies
    Freedom Outpost ^ | 9/15/2015 | Oman Coca
    This past week Jeb Bush was a guest on The Late Show with new host Stephen Colbert when Bush said something that some conservative voters might find shocking. When Colbert asked the Governor if the Constitution implied a national right to gun ownership, Bush seemed to indicate that he believed each state had the right to legislate gun ownership as they see fit. Stephen Colbert: Well, the right to have an individual firearm to protect yourself is a national document, in the Constitution, so shouldn't that also be applied national Jeb Bush: No. Not necessarilyThere's a 10th amendment to our...
  • Hillary Clinton Dances With the Stars (Ellen DeGeneres, Amy Schumer, Pink) [Ellen's Show]

    09/09/2015 9:36:55 AM PDT · by SoFloFreeper · 20 replies
    NY Times ^ | 9/8/15 | Amy Chozick
    Before Tuesdays taping with Hillary Rodham Clinton, the executive producers of The Ellen DeGeneres Show said that the former first lady had never danced in her previous appearances with Ms. DeGeneres and that they didnt expect her to when she taped her latest sit-down. But during a commercial break, Ms. DeGeneress resident D.J. got Mrs. Clinton clapping her hands and swaying her hips to Ariana Grande. Pink and Amy Schumer joined Ms. DeGeneres and Mrs. Clinton onstage, and they all hugged and waved to a crowd of thousands overflowing around the Rockefeller Center ice skating rink, where Ms. DeGeneres is...
  • Presidential Job Approval [Obama Hits -10 in Gallup, near Record Disapproval 53%]

    08/22/2015 11:58:11 AM PDT · by SoFloFreeper · 35 replies
    Gallup ^ | 8/22/15
    ...less than half see him as a strong and decisive leader (46%) or as someone who can manage the government effectively (44%). Slightly more than one-third say he has a clear plan for solving the country's problems (36%).
  • Trump Is Good at Getting Rich, But the Stock Market Is Much Better

    08/20/2015 2:18:46 PM PDT · by nickcarraway · 27 replies
    New York Post ^ | August 20, 2015
    Maybe he should have put his money in stocks instead. By the measure of success he holds most dear wealth Donald Trump has done well. Since 1987, when the real estate mogul published his best-seller Trump: The Art of the Deal, his net worth has jumped 300 percent to $4 billion, according to figures from wealth-tracker Forbes magazine. Turns out, though, there was an easier way for Trump to add to his wealth than all the deal-making and TV shows and far more effective.
  • Obamas Massive Failure Has Delivered Trumps Success

    08/12/2015 6:12:21 AM PDT · by shortstop · 14 replies
    The Fiscal Times ^ | 08/12/15 | Liz Peek
    No president in our countrys history has been more concerned about his legacy than has Barack Obama. How ironic that people might someday best remember our first African-American Commander in Chief for having inspired the candidacy of Donald Trump. Six years of Obama forcing unpopular policies down Americans throats; six years of lies and misdeeds by unaccountable bureaucrats; six years of lame growth and resulting wage suppression; six years of appeasing our enemies and facing down our friends; six years of dividing the country they have all taken their toll.
  • Obama's Massive Failure Has Delivered Trump's Success

    08/12/2015 4:00:20 AM PDT · by Jess Kitting · 21 replies
    Fiscal Times ^ | August 12, 2015 | Liz Peek
    No president in our countrys history has been more concerned about his legacy than has Barack Obama. How ironic that people might someday best remember our first African-American Commander in Chief for having inspired the candidacy of Donald Trump. Six years of Obama forcing unpopular policies down Americans throats; six years of lies and misdeeds by unaccountable bureaucrats; six years of lame growth and resulting wage suppression; six years of appeasing our enemies and facing down our friends; six years of dividing the country they have all taken their toll.
  • S&P downgrades U.S. credit rating [4 Years Ago Today; Obama's War on Prosperity]

    08/05/2015 6:09:41 PM PDT · by SoFloFreeper · 4 replies
    cnn ^ | 8/5/2011 | Charles Riley
    Credit rating agency Standard & Poor's on Friday downgraded the credit rating of the United States, stripping the world's largest economy of its prized AAA status. In July, S&P placed the United States' rating on "CreditWatch with negative implications" as the debt ceiling debate devolved into partisan bickering. To avoid a downgrade, S&P said the United States needed to not only raise the debt ceiling, but also develop a "credible" plan to tackle the nation's long-term debt.
  • Today's Anti-Capitalists Ignore The Fundamental Problems Of Socialism

    07/28/2015 8:26:18 PM PDT · by MtnClimber · 3 replies
    Zero Hedge ^ | 7-28=2015 | Tyler Durden
    Anti-market and pro-socialist rhetoric is surging in headlines (see also here, here, and here) and popping up more and more on social media feeds. Much of the time, these opponents of markets cant tell the difference between state-sponsored organizations like the International Monetary Fund and actual markets. But, that doesnt matter because the articles and memes are often populist and vaguely worded intentionally framed in such a way to easily deflect uninformed attacks and honest descriptions of what they are actually saying. In the end, they can all be boiled down to one message: socialism works and is better...
  • More in Minnesota have health coverage but still can't afford to be sick

    07/27/2015 7:50:23 PM PDT · by TurboZamboni · 22 replies
    Star Tribune ^ | 7-26-15 | Glenn Howatt
    The number of Minnesotans struggling to pay their medical bills is rising sharply, despite an increase in the number of residents who have health insurance. In the past year, Minnesotas main hospital and clinic groups filed nearly 9,000 lawsuits against people with large or long-standing medical debts a sharp increase since 2005, according to a Star Tribune analysis of court records. Once a leading cause of personal bankruptcy in the United States, medical debt was widely expected to decline as more Americans got health insurance following federal health reform. Instead, shifts in the insurance market are pushing more people...
  • Iran Offered Iraq 'Open Check' in ISIS Fight, Official Says

    07/23/2015 4:57:04 PM PDT · by Oldeconomybuyer · 4 replies
    ABC News ^ | July 23, 2015 | By Lee Ferran
    In stark contrast to the U.S. government's measured approach to countering ISIS in Iraq through the deployment of military advisors and stand-off airstrikes, Iran flatly offered Iraq an "open check" to battle the Islamic extremists, the Iraqi Ambassador to the U.S. said today. "In relation to Iran, it also sees the threat of ISIS is a threat to its national security," Iraqi Ambassador Lukman Faily told the audience at the Aspen Security Forum today, noting that at one point ISIS forces were within 25 miles of the Iranian border to Iraq's east. "And their approach to it, more or less,...
  • House Speaker Boehner: There will not be a government shutdown

    07/23/2015 12:45:20 PM PDT · by Oldeconomybuyer · 38 replies
    Market Watch ^ | July 23, 2015 | By Greg Robb
    There won't be a federal-government shutdown this year, and Congress will work on a temporary spending measure in September, once lawmakers return from their summer recess, House Speaker John Boehner, said Thursday. Democrats and Republicans have been unable to agree on annual spending bills, and without a deal by Sept. 30, the government will partially shut down. A temporary spending measure will be needed to avoid the Sept. 30 deadline, but details haven't been decided, Boehner said.
  • Martin OMalley apologizes for stealing all lives matter [Video]

    07/20/2015 1:57:32 PM PDT · by SoFloFreeper · 26 replies
    JOY WILLIAMS, THIS WEEK IN BLACKNESS: I want to ask something specifically. Towards the end of your explanation, you said the phrase "all lives matter," said the phrase "white lives matter." I want to ask you, do you understand the difference, in responding to that conservation, in that context with "all lives matter" or "white lives matter," when we are specifically talking about black death. That is not inclusive. MARTIN O'MALLEY: I certainly do, and in fact I believe that I first said was that black lives matter, before those other two phrases. And when I say those other two...
  • UN Report: 15,000 Civilians Killed in Iraq in 16 Months

    07/14/2015 4:14:00 PM PDT · by Oldeconomybuyer · 13 replies
    ABC News ^ | July 13, 2015 | By EDITH M. LEDERER
    The conflict in Iraq has taken a terrible toll on civilians with nearly 15,000 killed and 30,000 wounded during a 16-month period ending on April 30, by the Islamic State group, Iraqi security forces and others, according to a U.N. report released Monday. The U.N. mission in Iraq and the U.N. human rights office said in the report that violations of international humanitarian law and gross human rights abuses by the Islamic State group, which controls large swaths of Iraq's north and west, may in some cases amount to war crimes, crimes against humanity and possibly genocide. Iraq is going...
  • Obama Warns Congress Not to Stand in Way of Iran Deal

    07/14/2015 5:38:38 AM PDT · by SoFloFreeper · 74 replies
    NY TIMES ^ | 7/14/15
    ....Obama heralded a historic nuclear agreement with Iran Tuesday as an opportunity for the longtime foes to move in a "new direction," while sharply warning Congress that it would be irresponsible to block the accord.
  • Four Dead, Ten Shot In Baltimore City Over The Weekend

    07/13/2015 1:19:19 PM PDT · by Oldeconomybuyer · 37 replies
    WBAL Radio ^ | July 13, 2015
    It was a deadly weekend on the streets of Baltimore City, with police investigating four homicides and ten shootings. Police say two people died of shootings Saturday: a 40-year-old found suffering from gunshot wounds in the 1800 block of N. Durham Street and an 18-year-old found in the 4300 block of East Wabash Avenue. Police say two more people died Sunday. There were five shootings on Saturday. Baltimore City Police also say two men shot on Friday have died.
  • Dem senators call for executive action on gun control

    07/12/2015 7:37:39 AM PDT · by pabianice · 56 replies
    The Hill ^ | 7/12/15 | Bolton
    Connecticut Sens. Chris Murphy and Richard Blumenthal, both Democrats, have called on President Obama to take executive action to close a loophole in federal gun control legislation. The so-called default to proceed rule under the Brady Handgun Violence Prevention Act allows firearm dealers to sell a weapon to an individual if they have not been notified by the FBI of a buyers criminal background within three business days. If the background check has not been completed within three days, the dealer has discretion to sell the firearm. The rule allowed Dylann Roof, the alleged killer of nine people at a...
  • The List: Obama's Three Hundred and Thirty-Seventh Week in Office

    07/10/2015 3:20:21 PM PDT · by Nachum · 5 replies | 7/10/15 | Nachum
    The List: Obama's Three Hundred and Thirty-Seventh Week in OfficeNews and Notes: Some are considering flying their flags upside down7/9/2015 Obama and Agenda 21Committee head: EPA engaging in 'pattern of obstruction'EPA Chief Gina McCarthy Doesnt Know Percentage of CO2 in AtmosphereEPA Clueless On 90,000 Tons Of Toxic Waste Imported To US AnnuallyLaw Prof.: Obamas Climate Agenda Is About Changing The ConstitutionObama and Israel, Year 7Jerusalem 'unimpressed' by difficulties in Iran talks, believes accord just a matter of time Tehrans anti-Israel Quds day falls on date of new Iran deadlineIt's 3am and nobody's thereThe Staggering Cost Of A Largely Failed Fight...
  • The Failure of Change

    07/07/2015 4:22:29 AM PDT · by Servant of the Cross · 5 replies
    National Review ^ | 7/7/2015 | Victor Davis Hanson
    Obama has built a legacy, all right: appeasement, staggering debt, racial animosity . . . President Obama last week spiked the ball on the Supreme Courts decisions to legalize gay marriage and to ratify the Affordable Care Act. Yet it is difficult to see quite how Obama had much to do with these decisions or, to the degree he did, that they are earth-shattering. He twice ran for president expressing opposition to gay marriage while emphasizing the religious element of holy matrimony, which, he argued, precluded same-sex marriages. Is he delighted that the Court ignored his prior views? On...
  • Record 93,626,000 Americans Not in Labor Force; Participation Rate Declines to 62.6%

    07/03/2015 5:50:41 AM PDT · by TurboZamboni · 21 replies
    CNS ^ | 7-2-15 | Ali Meyer - A record 93,626,000 Americans 16 or older did not participate in the nations labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics. In June, according to BLS, the nations civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, hit 250,663,000. Of those, 157,037,000 participated in the labor force by either holding a job or actively seeking one. The 157,037,000 who participated in the labor force equaled only 62.6 percent of the 250,663,000 civilian...
  • The View May Cut Rosie Perez, Nicolle Wallace in Latest Revamp (Palin Karma)

    07/02/2015 6:28:51 PM PDT · by CaptainK · 34 replies ^ | 7/2/2015 | Ramin Setoodeh
    ABC executives are finalizing a plan to reboot The View next fall, for the second consecutive year, with a flurry of changes that could include the departure of at least one of its regular hosts, Variety has learned. While moderator Whoopi Goldberg will remain as the face of the struggling daytime talker, the future of two of her co-hosts, Nicolle Wallace and Rosie Perez, is in doubt. One or both women could be dropped because network execs are underwhelmed with their contributions to the shows signature Hot Topics segment, which is expected to shift focus permanently toward more lighthearted celebrity...
  • Study: Hennepin County ignored some child abuse reports

    07/01/2015 6:44:12 AM PDT · by TurboZamboni · 2 replies
    AP ^ | 6-26-15 | AP
    MINNEAPOLIS (AP) -- The child protection agency in Hennepin County has been ignoring reports of child abuse to ease its caseload and control its budget, according to a national child welfare group. The group, Casey Family Programs, studied the county's system for months and presented the findings of a report released last week to the Hennepin County board on Thursday. Casey Family Programs director Dee Wilson also told the board that child protection workers commonly screened out abuse reports, which means families weren't visited and services weren't offered, the Star Tribune ( ) reported. Additionally, neglect cases are looked...
  • 11 shot in Baltimore Monday

    06/30/2015 9:37:16 AM PDT · by Oldeconomybuyer · 49 replies
    The Baltimore Sun ^ | June 30, 2015 | By Christina Jedra and Sean Welsh
    Eleven people were shot Monday in Baltimore following a Sunday that saw two shot dead in the city. At 11:07 p.m. Monday, police found a 22-year-old man shot in the buttock in the 2900 block of Mosher Street in the Franklintown Road neighborhood. At 11:35 p.m., police found a 26-year-old man shot multiple times in both arms. At 6:59 p.m. police officers responded to a report of a walk-in shooting victim at an area hospital, police said. There they found two victims being treated by staff. A 30-year-old woman was shot in the face and a 15-year-old male was shot...
  • Obamacare could create quandary for Republicans before 2016 election

    06/24/2015 2:46:11 PM PDT · by Oldeconomybuyer · 32 replies
    Reuters ^ | June 24, 2015 | BY JOHN WHITESIDES
    Obamacare could put Republicans in a bind in the run-up to the 2016 U.S. presidential election if the U.S. Supreme Court in the next week upends part of the law designed to make healthcare accessible to all Americans, leaving millions to fend for themselves for health insurance. Presidential battleground states such as Florida, Ohio, Wisconsin and North Carolina will be among the states with residents who lose their subsidies, heightening the political impact. Republicans who have long fought the law could begin to look hard-hearted and ineffectual if they ignore what is certain to be an explosion of stories about...
  • Oregon dumps cold water on low Obamacare rates

    06/22/2015 4:15:14 PM PDT · by Oldeconomybuyer · 15 replies
    CNBC ^ | June 22, 2015 | by Dan Mangan
    They wanted their Obamacare prices to be lowbut the state said "no." The state of Oregon reportedly has ordered a number of insurers to raise proposed Obamacare premiums for 2016 after some of those companies asked for rates that were only moderately higher, if not lower than this year. Now, many Obamacare customers there are looking at likely double-digit percentage rate increases after having experienced some of "the lowest premiums in the nation," the Oregonian noted. For example, Oregon's Health CO-OP asked for a 5.3-percent average rate increase for next year, but the state's preliminary decision calls for a 19.9...
  • Getting A Medi-Cal Card Doesnt Always Guarantee Health Care

    06/22/2015 3:24:15 PM PDT · by Oldeconomybuyer · 5 replies
    Kaiser Health News ^ | June 22, 2015 | By Anna Gorman
    In an effort to control costs in its rapidly expanding Medi-Cal program, California has relied heavily on managed care insurance companies to treat patients. The state pays insurers a fixed amount per enrollee and expects the companies to provide access to doctors and comprehensive care. But a scathing state audit released last Tuesday shows that California is failing to make sure those plans deliver. Many enrollees have insurance cards but often have trouble getting in to see doctors. The California audit found the state didnt verify that insurers directories of doctors were accurate or that the plans had enough doctors...
  • Hillary Clinton Offers Obama-Like Vision for America

    06/15/2015 4:17:50 PM PDT · by Oldeconomybuyer · 19 replies
    NBC News ^ | June 15, 2015 | by Perry Bacon Jr.
    In her first major campaign speech Saturday, Hillary Clinton promised essentially a more aggressive and liberal version of Barack Obama's presidency, listing a series of challenges such as the huge wealth gap between the rich and the rest of America that the president has tried to address but even many Democrats say Obama has not fully solved. While not explaining how she would fund these programs, Clinton urged the creation of millions of clean-energy jobs, paid sick and family leave for all workers and pre-school for all American children. Clinton said she would push to make sure women get paid...
  • Some Insured Patients Still Skip Care Because Of High Costs

    06/11/2015 6:46:43 AM PDT · by Oldeconomybuyer · 19 replies
    Kaiser Health News ^ | June 10, 2015 | By Jim Burress
    A key goal of the Affordable Care Act is to help people get health insurance who may have not been able to pay for it before. But the most popular plans those with low monthly premiums also have high deductibles and copays. And that can leave medical care still out of reach for some. Renee Mitchell of Stone Mountain, Georgia is one of those people. She previously put off a medical procedure because of the expense. But as the threat of losing part of her vision became a real possibility, she sought an eye specialist at Emory University,...
  • Reforming anti-poverty programs: Results and data matter

    06/11/2015 5:06:13 AM PDT · by TurboZamboni · 5 replies
    Washington Post ^ | 6-7-15 | Jennifer Rubin
    The U.S. and other wealthy nations have spent trillions of dollars over the past half-century trying to lift the worlds poorest people out of penury, with largely disappointing results. In 1966, shortly after President Lyndon B. Johnson declared war on poverty, 14.7% of Americans were poor, under the official definition of the U.S. Census Bureau. In 2013, 14.5% of Americans were poor. Finally, after decades of failure there is a movement afoot to launch a new generation of experimental programs focusing not on large-scale social support and development but on helping the poor and indebted to save more, live better...
  • 'Surprise'Obamacare insurers desire double-digit hikes

    06/10/2015 4:47:13 PM PDT · by Oldeconomybuyer · 6 replies
    CNBC ^ | June 10, 2015 | by Dan Mangan
    Many Obamacare customers could be looking at surprisingly large price increases next yearif insurers get their wishes. Health insurance premiums for individual plans in major U.S. cities would rise by an average of 12 percent in 2016 if the newly proposed prices are approved, a new analysis finds. And prices would increase even more14 percent on averagefor people enrolled in the most popular type of Obamacare plans, known as "silver" plans, the HealthPocket study reveals. Customers insured in health maintenance organization (HMO) and exclusive provider organization (EPO) planswhich as a rule don't cover treatment from providers outside of their networkswould...
  • US 'preparing shift in Iraq policy'

    06/09/2015 8:53:33 PM PDT · by Oldeconomybuyer · 34 replies
    Telegraph UK ^ | June 10, 2015 | By Raf Sanchez
    The White House is reportedly planning a shift in strategy in Iraq that would see hundreds of American military trainers deployed to help retake Ramadi and the delay of long-held plans to drive the Islamic State from Mosul. Six months after US forces began training Iraqi troops to take on the jihadist fighters, a string of defeats on the battlefield has prompted the Obama administration into a recalibration of its plans. The American military hopes to build up enough well-trained and well-equipped Iraqi forces to retake the city of Ramadi, which fell to Isil in mid-May. The plan would see...
  • U.S. Embracing a New Approach on Battling ISIS in Iraq

    06/09/2015 8:37:58 PM PDT · by Oldeconomybuyer · 13 replies
    New York Times ^ | June 9, 2015 | By Michael R. Gordon
    In a major shift of strategy in Iraq, the Obama administration is planning to establish a new military base in Anbar Province and send 400 American military trainers to help Iraqi forces retake the city of Ramadi and repel the Islamic State. Although a final decision by the White House has yet to be announced, the plan follows months of behind-the-scenes debate about how prominently plans to retake another Iraqi city, Mosul, which fell to the Islamic State last year. Pending approval by the White House, plans are being made to use Al Taqqadum, an Iraqi base near the town...
  • Israeli PM Says Arab Leaders Also Weary of Iran Nuclear Deal

    06/09/2015 12:38:39 PM PDT · by Oldeconomybuyer · 5 replies
    ABC News ^ | June 9, 2015 | By IAN DEITCH
    Israel's prime minister said Tuesday that Arab leaders agree with him that an emerging nuclear deal with Iran won't stop Tehran from getting atomic weapons. Netanyahu told the prestigious Herzliya conference, an annual gathering that draws speakers from around the world, that he is not the only voice in the Middle East against the deal. "I am often portrayed as the nuclear party pooper," Netanyahu said. "But I speak with quite a few of our neighbors, more than you think, and I want to tell you that nobody in this region believes this deal will block Iran's path to the...
  • Consumers In Grandfathered Plans Can Face Higher Costs For Preventive Benefits

    06/09/2015 9:50:50 AM PDT · by Oldeconomybuyer · 9 replies
    Kaiser Health News ^ | June 9, 2015 | By Michelle Andrews
    Judy Naillon called her insurer several months ago to find out why she was being charged $35 every month for birth control pills. Her friends said they were getting their pills for free under the federal health law. Why wasnt she getting the same deal? Im just really frustrated, says the Wichita, Kan., piano and violin teacher. When her husband took a new marketing job last fall, I thought that surely all these insurers must now be covering these benefits. Naillon, 33, would have to continue to pay a share of the cost of her pills, and the plan wouldnt...
  • Government plans to erase student debt for Corinthian students

    06/09/2015 6:00:07 AM PDT · by TurboZamboni · 10 replies
    Pioneer Press ^ | 6-8-15 | Anne Flaherty
    The federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday, as part of a new plan that could cost taxpayers as much as $3.6 billion. Corinthian Colleges was one of the largest for-profit schools when it nearly collapsed last year and became a symbol of fraud in the world of higher education and student loans. According to investigators, Corinthian schools charged exorbitant fees, lied about job prospects for its graduates and, in some cases, encouraged students to lie about their circumstances to get more federal aid. In a plan orchestrated...
  • For President Obama and Angela Merkel, the Beer Lacked Bite

    06/08/2015 3:21:14 PM PDT · by Oldeconomybuyer · 17 replies
    New York Times ^ | June 8, 2015 | by Julie Hirschfeld Davis
    KRN, Germany It is a tale of beer summitry gone awry. The day after President Obama clinked glasses of Bavarian ale with Chancellor Angela Merkel of Germany in a picturesque village square at the foot of the Alps, the towns mayor confirmed that his beverage had been nonalcoholic. Mr. Obamas carefully choreographed sausage-and-beer moment with Ms. Merkel complete with townspeople in traditional dress and long alphorns serenading them was intended in part to showcase the leaders warm bond after a period of recent strains in their relationship. It was a very fine beer, Mr. Obama told reporters...
  • Big premium increase requests show volatility in health care market

    06/08/2015 1:29:25 PM PDT · by Oldeconomybuyer · 15 replies
    Minneapolis Star-Tribune ^ | June 8, 2015 | By Christopher Snowbeck
    Big premium increases that Minnesota insurers proposed last week reflect losses theyve been taking in a part of the market targeted by the federal health law. Insurers say they collectively lost more than $300 million on policies for individuals who buy coverage on their own last year because subscribers had more costly health problems than expected. Blue Cross and Blue Shield of Minnesota, which is the largest insurer in the individual market, announced proposed average increases of 54 percent and 55 percent. Blue Cross says it lost $135 million in the individual market during 2014. When there are losses that...
  • After Multiple Enrollment Failures, Hawaii Dumps State Obamacare Exchange

    06/08/2015 4:58:23 AM PDT · by Servant of the Cross · 3 replies ^ | 6/8/2015 | Katie Pavlich
    Last week Americans For Tax Reform released new information showing that during Hawaii's special Obamacare enrollment period, zero people enrolled. The total state cost for the exchange sits at more than $200 million. While Hawaii enrolled zero individuals and is the worst performing state, it is not alone. Vermont signed up only 97 households, while Rhode Island enrolled just 25 households. Hawaiis dismal performance should not be surprising. The website cost taxpayers $205 million but could only enroll 8,592 individuals in year one. Cost to taxpayers per enroll: $23,899. The state legislature recently rejected a $28 million bailout for the...
  • Jack Kelly: Spare us from Obamacare

    06/07/2015 4:46:35 AM PDT · by Oldeconomybuyer · 13 replies
    Pittsburgh Post-Gazette ^ | June 7, 2015 | By Jack Kelly
    The Affordable Care Act isnt. Some major health insurers seek eye popping rate increases for 2016 such as 25 percent in Oregon, 30.4 percent in Maryland, 36.3 percent in Tennessee, 51.6 percent in New Mexico. Despite subsidies for the industry of at least $16 billion, many insurers lose money. Far fewer individuals signed up for Obamacare than expected (and the administration claimed). Those who did are older and sicker. Only about 40 percent of those eligible eventually signed up after two full open-enrollments, insurance expert Robert Laszewski told the Washington Examiner. Carriers need more like 75 percent. Subsidies for...
  • Blue Cross parent posts big loss in first year of Obamacare

    06/05/2015 4:29:09 PM PDT · by Oldeconomybuyer · 9 replies
    Crain's Chicago Business ^ | June 5, 2015 | By: Bob Herman
    Health Care Service Corp., the largest not-for-profit health insurer in the country, suffered large losses in 2014, the first year Americans could buy individual coverage through the public exchanges. HCSC recorded a $281.9 million loss in 2014, compared with a $684.3 million surplus in 2013a swing of almost $1 billion. The losses were somewhat expected. Chicago-based HCSC, the Blue Cross & Blue Shield insurer for Illinois, Montana, New Mexico, Oklahoma and Texas, said the inaugural year of the Affordable Care Act's exchanges disrupted the insurance industry, particularly the individual market. Medical claims were up significantly, reflecting the needs of a...
  • Alabamas ObamaCare health insurance exchange prices set to skyrocket

    06/02/2015 4:25:28 PM PDT · by Oldeconomybuyer · 12 replies
    Yellowhammer News ^ | June 2, 2015 | BY ELIZABETH BESHEARS
    BIRMINGHAM, Ala. Alabama health insurance providers who offer plans on the ObamaCare exchange are seeking significant price increases this year, after healthcare costs took a sharp upward turn. Blue Cross Blue Shield of Alabama is reportedly requesting an average of a 28 percent increase for its individual plans, as well as a 73 percent increase for its platinum plan. Small group plans could also increase by nearly 14 percent. UnitedHealthcare is seeking a 24.5 percent increase for its 2016 rates.
  • Obamacare sticker shock: Big rate hikes proposed for 2016

    06/02/2015 4:18:37 PM PDT · by Oldeconomybuyer · 17 replies
    CNN ^ | June 2, 2015 | By Tami Luhby
    Hold onto your wallets ... many insurers want to substantially hike rates on Obamacare policies for 2016. Many are proposing double-digit premium increases for individual policies, with some companies looking to boost rates more than 60%, according to a list posted Monday by the federal Centers for Medicare & Medicaid Services. Insurers say they want to hike rates because enrollees are going to the doctor, getting lab work and filling prescriptions more than they had originally anticipated. "We've seen a great pent-up demand for services," said Aaron Billger, spokesman for Highmark, a Blue Cross Blue Shield licensee offering plans in...
  • Many Insurers Propose Double-Digit Premium Rate Hikes for 2016

    06/02/2015 12:55:18 PM PDT · by Oldeconomybuyer · 7 replies
    Many health insurers have proposed premium hikes greater than 10% for individual health plans sold in 2016, citing higher-than-expected care costs and other unexpected expenses. The proposed rates vary significantly across states and health plans. For example, Blue Cross and Blue Shield of North Carolina proposed a 26% rate increase, and companies in Florida, Illinois and some other states proposed rate increases of at least 20%. Tennessee's largest health insurer proposed a rate hike of 36% for some plans, while New Mexico's largest insurer proposed an increase of 50%. In Maryland, the state's largest insurer proposed a 30% rate hike....
  • Report: US cyberattack on North Korea was ineffective

    05/29/2015 7:29:13 PM PDT · by markomalley · 14 replies
    The Hill ^ | 5/29/15 | Mark Hensch
    An American cyberattack on North Korea half a decade ago was fruitless overall, sources say. The National Security Agency (NSA) led a mission in 2010 to damage North Koreas nuclear weapons program, Reuters reported on Friday. Operatives tried using a variant of the Stuxnet computer virus deployed against Iran that same year, the news service said, with developers crafting a version that would activate once it reached Korean-language settings on targeted machines. Operatives hoped the virus would disable centrifuges for enriching uranium, much like it had when used against Iran, Reuters said, but the cyberattack stumbled when it encountered North...

    05/29/2015 5:47:11 AM PDT · by tellw · 117 replies
    AP ^ | 5/29/2015 | MARTIN CRUTSINGER
    WASHINGTON (AP) -- The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated. The Commerce Department says the overall economy as measured by the gross domestic product contracted at an annual rate of 0.7 percent in the January-March period. The revised figure, even weaker than the government's initial estimate of a 0.2 percent growth rate, reflects a bigger trade gap and slower consumer spending. It marked the first decline since a 2.1 percent contraction in the first three months of...