Tag Archives: Washington

Who knows more about economics? Obama or people who run businesses?

Consider this article from The American Spectator, which talks about the Obammunist response to companies losing massive amounts of money because of Obamacare. (H/T ECM)

Excerpt:

By last Friday, AT&T, Caterpillar, Deere & Co., and AK Steel Holding Corp. had all announced that they were taking the one-time charges on their first-quarter balance sheets. More companies were expected to make similar announcements this week.

[…]On Friday White House chief of staff Rahm Emanuel and Obama senior advisor Valerie Jarrett were calling the CEOs and Washington office heads of the companies that took the financial hits and attacked them for doing so. One Washington office head said that the White House calls were accusatory and “downright rude.”

[…]”Most of these people [in the Administration] have never had a real job in their lives. They don’t understand a thing about business, and that includes the President,” says a senior lobbyist for one of the companies that announced the charge. “My CEO sat with the President over lunch with two other CEOs, and each of them tried to explain to the President what this bill would do to our companies and the economy in general. First the President didn’t understand what they were talking about. Then he basically told my boss he was lying. Frankly my boss was embarrassed for him; he clearly had not been briefed and didn’t know what was in the bill.”

[…]”We had memos on these issues, but none of our people, we think, looked at them,” says  a staffer. “When they saw the stories last week about the charges some of the companies were taking, they were genuinely surprised and assumed that the companies were just doing this to embarrass them.  They really believed this bill would immediately lower costs. They just didn’t understand what they were voting on.”

And more from National Review, where the CEO of Aetna was interviewed. (H/T Ace of Spades via ECM)

Excerpt:

Will insurance premiums go up?

The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year.

The President said that this bill would not have any impact on people who already had coverage, that it was about the uninsured, that there would be no change. Will this legislation change the coverage of people who are already paying for it?

My perception is, yes, things will change. You might not have a plan that includes the exact same doctors. You might have plans that have richer benefits, and therefore you’re going to pay more for benefits you may or may not want. It would have been a better message to say, we’re going to make certain you maintain your eligibility.

The “Robin Hood” intention of giving to the unproductive by taking from the productive seldom pays off, since the productive are the ones who give people jobs. And a lot of people are going to lose their jobs because of Obama’s economic ignorance. Either that, or companies will raise their insurance premiums, so that the poor will have to pay more for health care. Obama doesn’t know what he is doing, he probably thinks that communism has made Cuba rich. He’s just trying to help poor America reach the opulence of communist North Korea.

Catholic Charities closes adoption agency due to same-sex marriage law

Story from Fox News. (H/T Pursuing Holiness via ECM)

Excerpt:

The Archdiocese of Washington has scrapped its 80-year-old foster care program, claiming it’s no longer eligible to serve as an adoption provider due to the District of Columbia’s pending same-sex marriage law.

Under the legislation, which legalizes same-sex marriage in the nation’s capital and which goes into effect March 2, all outside contractors must recognize gay couples in the District.

In a press release posted on its Web site Tuesday, the archdiocese, which opposes gay marriage, said it had no choice but to transfer its foster care program to the National Center for Children and Families, or NCCF.

Same-sex marriage is incompatible with religious liberty. It’s a zero-sum game.

Related posts

Canadian persecution of Christians

Comments will be strictly moderated to take into account Obama’s hate crimes law.

How Obama’s new 2011 budget fails the poorest children in two ways

First of all, Obama’s budget ensures that future generations will be saddled with debt, paying for the entitlement programs (Social Security and Medicare) of their aging parents and grandparents.

Behold, the evidence of generational theft:

(Click for larger image)

Recall that the Democrats gained control of Congress at the beginning of 2007.

The second way that Obama’s budget hurts the poorest children is by denying them the right to access better schools.

Excerpt:

The president’s proposed FY2011 budget increases funding to the Department of Education by $3.5 billion. But despite this significant increase, his budget effectively cuts the freedom of choice and educational opportunities from the lives of children living in the District of Columbia. What began last year as a low-profile attempt to quietly phase out the D.C. Opportunity Scholarship Program has become a noticeable agenda of denying school choice to District families.

[…]The most recent casualty in the struggle to save the successful voucher program’s future is Holy Redeemer Catholic School. The Pre-K through 8th grade school, which has served the community of Northwest Washington, D.C. since 1955, is closing its doors. The Washington, D.C. Archdiocese’s decision to close or combine four Catholic schools in the area speaks to the difficult situation face by Catholic schools in general and the important role voucher programs play in the schools’ ability to provide a high quality, private school education.

This is in spite of the fact that school choice works.

Excerpt:

A recent report from School Choice Wisconsin presented an analysis of the number of calls made to 911 from schools in Milwaukee, similar to a Heritage analysis from last summer written up in The Washington Post. The Milwaukee School Safety report found that choice schools appeared to be relatively safer than Milwaukee’s traditional public schools:

Taking into account enrollment differences, police calls to [Milwaukee public schools] occur at a notably higher rate than at independent charter schools or at schools in the [Milwaukee parental choice program]. The [Milwaukee Public School] call rate per pupil in 2007 is more than three times that at schools in the [Milwaukee Parental Choice Program].

In addition, a new report out this week from Dr. John Robert Warren of the University of Minnesota analyzed the graduation rates of students attending high schools in Milwaukee, comparing the graduation rate of students participating in the school voucher program with the graduation rate of students who attend traditional public schools in the city. Warren found that during the 2007-08 school year, 77 percent of students in the school voucher program graduated compared to 65 percent in the traditional Milwaukee public school system.

Obama is in the pocket of the teacher unions, and he must ensure that they keep their jobs regardless of failure, so that the teacher unions can continue to contribute union dues into Democrat coffers. He doesn’t care about children – he cares about getting elected. It’s just another way that the irresponsible grown-ups attack the things that children need to succeed: a good education, low taxes, a job, and an intact family.