Friday, February 26, 2010

Obama Showcases Insurance Ignorance

Video Link:

From the "Healthcare Summit":

When I was young, just got out of college, I had to buy auto insurance. I had a beat-up old car. And I won’t name the name of the insurance company, but there was a company — let’s call it Acme Insurance in Illinois. And I was paying my premiums every month. After about six months I got rear-ended and I called up Acme and said, I’d like to see if I can get my car repaired, and they laughed at me over the phone because really this was set up not to actually provide insurance; what it was set up was to meet the legal requirements. But it really wasn’t serious insurance.

Now, it’s one thing if you’ve got an old beat-up car that you can’t get fixed. It’s another thing if your kid is sick, or you’ve got breast cancer.

That statement makes it obvious that he does not understand that the "mandatory insurance law" for driving a car on public roads is not designed to protect the purchaser, but rather the person injured (body or property) by that driver. Obama explained in this clip that he only bought the legal minimum, not collision or comprehensive, which would have covered his damage.  When people buy insurance, it’s made very clear exactly what it covers.  Most drivers can understand it, even the Harvard Law grads. Small wonder he was laughed at.

This anecdote proves that Obama never learned a thing about insurance — so why would we want to have someone who understands so little remaking the entire health-insurance sector.

If he does know better, maybe in his arrogance, he thinks the "great unwashed" (that's us) don't. Which way makes you more comfortable?

Crossposted @ Insurance Q&A

Wednesday, February 24, 2010

Thursday, February 18, 2010

Another Stem Cell Discovery

Induced pluripotent stem cells, commonly abbreviated as iPS cells are a type of pluripotent stem cell artificially derived from a non-pluripotent cell, typically an adult somatic cell, by inducing a "forced" expression of certain genes.

And we need to harvest embryonic stem cells, why?

Cells from people with premature aging disease get "younger" with the help of stem cell technology.


The Revenge Of Joe The Plumber.

Remember Joe the Plumber?

He was the blue-collar dude who confronted Barack Obama late in the 2008 campaign with this challenge: “Your new tax plan’s going to tax me more, isn’t it?”

Nonsense, replied the candidate: “From 250 [thousand dollars a year] down, your taxes are going to stay the same.”

Indeed, he insisted, 95 percent of “working people” would see their taxes go down in his administration.

Well, think again.

A year into his presidency, Obama now says he’s “agnostic” on what was the principal plank in his economic platform: No tax hikes for individuals making $200,000 a year or less — or for households with a combined annual income under $250,000.

Every Obama promise comes with an expiration date. Every single one.

Sunday, February 14, 2010

So, can we have our incandescent light bulbs back now?

Link to the Daily Mail article pictured above:
Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995.

The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the information.

Colleagues say that the reason Professor Phil Jones has refused Freedom of Information requests is that he may have actually lost the relevant papers.

Professor Jones told the BBC yesterday there was truth in the observations of colleagues that he lacked organisational skills, that his office was swamped with piles of paper and that his record keeping is ‘not as good as it should be’.

The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.

Professor Jones also conceded the possibility that the world was warmer in medieval times than now – suggesting global warming may not be a man-made phenomenon.

And he said that for the past 15 years there has been no ‘statistically significant’ warming.
Plus from The Times Online , World May Not Be Warming, Say Scientists.

Why do you suppose there is scant coverage in the US Lame Stream Media? The word "Tool" comes to mind.

Thursday, February 04, 2010

Who writes this stuff?


Obama said he would attempt to convince his party’s left wing to take a less ideological approach to economic challenges.

“We’ve got to make sure that our party understands that, like it or not, we have to have a financial system that is healthy and functioning, so we can’t be demonizing every bank out there,” Obama said. “We’ve got to be the party of business, small business and large business, because they produce jobs.”

Like it or not? Who wouldn’t like a “healthy and functioning” financial system? According to Obama, the answer is . . . Democrats.

Now click this link to the Cloward and Pivens plan to fundamentally transform the nation.

Get it?

Wednesday, February 03, 2010

US to lose 824,000 Jobs Friday

Well, actually they're already lost. Just seems the Labor Department has been fudging the numbers.

The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.
According to the interactive chart, figures will be revised for the period of April 2008 to March 2009, so they can still blame Bush, which you know they will surely do.

I wonder how this will affect those nonexistent jobs Obama has saved or created?