A Piece Of History Will Become Scrap

Last week Stars and Stripes reported that the USS Forrestal, the Navy’s first supercarrier, will be towed from the Navy’s inactive ship facility in Philadelphia to All Star Metals’ facility in Texas, where it will be broken down into scrap metal.

The Forrestal  played a major role in the war in Vietnam. In 1967 there was a tragic fire on the ship which killed 134 men and injured more than 300 men.

The article reports:

The Navy’s first “supercarrier,” the Forrestal was in the Gulf of Tonkin the morning of July 29, 1967, for the Vietnam War effort when stray voltage triggered a rocket to launch from an F-4 Phantom on the flight deck.

The rocket struck an armed A-4 Skyhawk — piloted by a young Lt. Cmdr. John S. McCain III — rupturing the fuel tanks and sparking a chain reaction of fires and explosions on the deck, which was parked full of planes.

The crew fought the flight deck fire for an hour, but other fires blazed into the next day.

A piece of history is now become scrap metal.

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Gagging The Opposition

The Obama Administration has been known to use Chicago-style political tactics to silence its opposition. Evidently it has been using those tactics on the insurance industry to silence comments on the fiasco the roll-out of ObamaCare has been.

CNN reported yesterday:

Laszewski, who’s been a vocal critic of Obamacare, said he’s been asked by insurance executives to speak out because they feel defenseless against an administration that is regulating their business — and a big customer.

…Laszewski said insurance company officials are embarrassed that they have to cancel plans and force people into more robust, and possibly more expensive, coverage.

Keep your plan? Maybe not

Insurers, he said, warned the White House that the regulations would lead to discontinued policies.

“One of the things I think is clear here is the Obama administration has no trust in anything the health insurance industry is telling them about how to run a health plan,” Laszewski said.

The only way ObamaCare could possibly be fixed would be with ideas from the people who understand how health insurance works. That would be the insurance companies that are currently being gagged and shut out of the process. This is the equivalent of allowing someone with a Liberal Arts degree to design an atomic bomb. The person being asked to perform the task is intelligent, but you are asking them to do something outside the area of their expertise. The ObamaCare plan is an example of what happens when you ask people with no experience in an industry to take over that industry. We need to get the government out of healthcare and move it to the private sector. It would be a good idea to introduce tax credits to allow poor people to buy insurance coverage, to allow insurance policies to be sold across state lines, and to institute tort reform, but other than that, the government needs to get out of the healthcare business.

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Our Military Pilots Are Special

On September 19th, The Aviationist posted a story about an American fighter pilot who decided Iranian pilots were getting too close to an unmanned American drone.

The article reports:

“He [the Raptor pilot] flew under their aircraft [the F-4s] to check out their weapons load without them knowing that he was there, and then pulled up on their left wing and then called them and said ‘you really ought to go home’”

If the episode went exactly as Welsh (Chief of Staff Gen. Mark Welsh) described it, it was something more similar to Maverick’s close encouter with Russian Mig-28s in Top Gun movie than a standard interception.

It would be interesting to know how the Raptor managed to remain stealth (did they use their radar? were they vectored by an AWACS? etc.) and why it was not the E-2 most probably providing Airborne Early Warning in the area to broadcast the message to persuade the F-4 to pursuit the drone before the Iranian Phantoms and the U.S. Raptors got too close in a potentially dangerous and tense situation?

Anyway the U.S. pilot achieved to scare the Iranian pilots off and save the drone. A happy ending worthy of an action movie.

You have to love our military!

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Behind The Rift Between The United States And Saudi Arabia

Yesterday Michael Ledeen posted an article at the Huffington Post about the recent rift between America and Saudi Arabia. Mr. Ledeen reminds us that the problem between the two countries is a result of the problems that Iran is causing in the Middle East.

The article reports:

During the 2011 “Arab Spring,” for example, Iran and Saudi Arabia came very close to direct armed conflict in Bahrain. The Iranian regime had allegedly fomented uprisings among the Shi’ites in Bahrain, a small island just off the coast of Saudi Arabia, to which it is connected by a two-mile causeway. There seemed to be a real possibility that the pro-Saudi, pro-American royal family might be overthrown, and the Saudis threatened to send troops across the causeway to put down the disturbance. Iran reacted violently, but when Saudi troops marched into Bahrain, the Guards were nowhere to be found.

Following the Saudi intervention, the Revolutionary Guards were reportedly ordered to organize attacks on Saudi targets all over the world. They reportedly recruited hundreds of Iranian suicide bombers (although this is usually disinformation, since the regime typically uses Arabs, not Iranians, for such operations).

The article at the Huffington Post lists a number of incidents in recent years where Iran has targeting the Saudis and their interests around the world.

The article concludes:

Bottom line: there’s a very real war out there, and the Saudis are in the Iranian crosshairs. The Royal Family are not just worried about the destiny of Syria, they’re very much concerned about their own fate. This is what gives so much intensity to their recent actions and statements.

The Saudis are not angels. However, they are a successful counterbalance to Iran i the Middle East. They are also responsible for the fact that oil is traded in American dollars. We need to treat them well.

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The ObamaAdministration’s War On Coal Continues

CBN News is reporting today that thousands of America‘s coal workers gathered in Washington, D.C., yesterday to protest new Environmental Protection Agency (EPA) regulations that will shut down the coal industry in America.

The article reports:

Coal worker Jim Dailer of Wheeling, W.Va., complained, “They’ve tightened down regulation after regulation down through the years and ended up with putting us out of business pretty much.”
 
More than 200 coal-fired plants have already announced they’re closing.  Dailer said it will be some 350 by the end of next year. 
 
These coal miners, workers and officials rallied on Capitol Hill because only Congress or the courts can stop the EPA.
 
“What we’re trying to do is reach the hearts and minds of the people who are in those halls in front of me,” Horton said as he looked up at the Capitol building.  “To get them to understand that coal is much more than an energy source.  It’s people.”

Just for the record, I am not in favor of air pollution–but I do believe that the government is quite capable of over-regulating. According to the U.S. Energy Information Administration, in 2012 coal provided 37 percent of the electricity generated in America. At the present time, there is not a reliable ‘green’ source of energy to replace that power. Until the ‘green’ energy industry is more reliable and more economical, we need to leave our coal plants open.

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It Depends On How You Spin It

Today’s Washington Examiner posted an article with a great quote.

The article reports:

Insurance companies aren’t sending out cancellation letters, they’re helping people “transition” into Obamacare, according to a top Democrat.

“If [the companies] changed [the insurance plans] then they have to notify the people who have to have the opportunity to have another policy,” said House Ways and Means Committee ranking member Sander Levin, D-Mich.

So getting cut from your healthcare insurance policy means that you are being given the opportunity to ‘transition’ to another policy. The other talking point is that the policies that are being cancelled are being cancelled so that they can be replaced with better policies. Somehow that fact that these ‘better’ policies include maternity care for men and senior citizens and are thus more expensive is not mentioned. ObamaCare is one giant fiasco, and all of us need to work to make it go away.

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The Empty Chair In The Oval Office

Bret Stephens posted an article at the Wall Street Journal yesterday  about the leadership style of President Obama. The article is titled, “The Unbearable Lightness of Obama.” Mr. Stephens points out that the President says that he was briefed on NSA eavesdropping in general, but never told the specifics of listening in on foreign leaders. In terms of ObamaCare there was no person with the right technology experience involved in launching the website.

Some other observations in the article:

Besides the Syrian government‘s gains, there was mounting evidence that Mr. Assad’s troops had repeatedly used chemical weapons against civilians.

“Even as the debate about arming the rebels took on a new urgency, Mr. Obama rarely voiced strong opinions during senior staff meetings. But current and former officials said his body language was telling: he often appeared impatient and disengaged while listening to the debate, sometimes scrolling through messages on his BlackBerry or slouching and chewing gum.”

…”On Saturday, as the shutdown drama played out on Capitol Hill, President Obama played golf at Fort Belvoir in Virginia.”

…”In polo shirt, shorts and sandals, President Obama headed to the golf course Friday morning with a couple of old friends, then flew to Camp David for a long weekend. Secretary of State John Kerry was relaxing at his vacation home in Nantucket.

“Aides said both men were updated as increasingly bloody clashes left dozens dead in Egypt, but from outward appearances they gave little sense that the Obama administration viewed the broader crisis in Cairo with great alarm.”

Please follow the link above to the article to see further examples. The article concludes:

Call Mr. Obama’s style indifferent, aloof or irresponsible, but a president who governs like this reaps the whirlwind—if not for himself, then for his country.

I don’t think this is the kind of leadership America wants, but since the majority of Americans voted for this man, they got what they asked for.

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Is This The Beginning Of The End?

Breitbart.com is reporting tonight that the White House has granted a six-week extension for Americans to sign up for health care. The new deadline will be March 31, 2014.

The article reports:

Monday’s move had been expected since White House spokesman Jay Carney promised quick action last week to resolve a “disconnect” in the implementation of the law. Technical problems continue to trouble the website that’s supposed to be the main enrollment vehicle for people who don’t get health care at work.

Under the new policy, people who sign up by the end of open enrollment season won’t face a penalty.

Previously you had to sign up by the middle of February, so your coverage would take effect March 1.

It will be interesting to see if the Obama Administration can design a secure, user-friendly website in time for that deadline.

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I Guess This Is A Step In The Right Direction

Yesterday the Daily Caller reported that the U. S. Army is ordering a halt to all briefings classifying Christian groups as domestic hate groups. Yes, you read that right. The army needs a memorandum to stop teaching soldiers that Christians are a domestic terrorism threat. Good grief!  A memorandum sent out by the Secretary of the Army, John McHugh ordered all Army leaders “to cease all briefings, command presentations, or training on the subject of extremist organizations and activities, pending promulgation” of a uniform instruction and training program.

The article reports:

As Fox News notes, the Army’s Equal Opportunity Advisor Student Guide highlights the SPLC (Southern Poverty Law Center). Troops at Fort Hood were recently advised that donations to evangelical Christian groups or Tea Party groups could lead to penalties. Also, in May, Fox says, an Army Reserve training memo called evangelical Christians and Catholics as religious extremists.

The irony of this, of course, is that an SPLC law center map was used by Floyd Lee Corkins to find the Family Research Council in Washington, D.C., where his goal was to shoot as many people as possible. Thank God he was stopped by a security guard that he did shoot.

The First Amendment protects our religious freedom. Our military takes an oath to protect and defend our Constitution. Our training memos and lectures should reflect that oath.

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Whoops!

On Friday Hot Air reported that the auction for leases for the development of wind and solar farms in the western United States did not go as planned.

The article reports:

The nation’s first federally run auction for a chance to develop solar power projects on public lands was a bust.

No bidders showed up for the auction by the federal Bureau of Land Management, which was held Thursday in Lakewood.

“We did not have any bidders come to the sale and we did not receive any sealed bids on the sale,” BLM spokeswoman Vanessa Lacayo said. …

“The BLM had received interest in developing the sites, that’s why we moved forward,” she said. “It’s hard to say why we didn’t have any bidders.” …

“We will evaluate today’s auction as we look at future opportunities to offer lands in Solar Energy Zones for development, both in Colorado and other Western states,” the statement said.

Maybe there were no bidders because at the present time the technology for both wind and solar has not proven to be economically profitable. The sad part of this is that at the same time the government is holding these auctions with no takers they are blocking oil leases on government land. The oil boom in the west is almost entirely on private land–the government is not allowing the leases on government land. So what we have is the government selling leases of questionable value on government land while blocking the leases that might actually help the economy and lower unemployment. In what universe does that make sense?

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Some Numbers Don’t Lie

There is a basic principle in government that if you tax a behavior you get less of it and if you subsidize a behavior you get more of it. So what behaviors and being taxed in ObamaCare and what behaviors are being subsidized?

According to Heritage.org marriage is being taxed and living together without benefit of marriage is being subsidized.

The article reports:

The law is structured to provide less support to a husband and wife than it would to the same couple if they were cohabiting. In essence, it will tax married couples to fund the benefits it provides to couples who cohabit, divorce, or never marry. The impact of this discrimination will affect couples at every income level and creates a scenario in which couples’ wisest financial decision would be to divorce or forgo tying the knot.

…Without the benefits of an intact family, children are 82 percent more likely to live in poverty and tend to fare worse on a wide range of economic measures. In their teens, they are more likely to engage in high-risk behaviors such as sexual activity, substance abuse, and anti-social behavior. They also tend to fare worse on emotional and psychological outcomes and have lower levels of academic achievement and educational attainment.

The family is the backbone of American society. Why is the Obama Administration passing laws that weaken it?

Another problem with ObamaCare is its attack on the Middle Class. Because of the way the program is structured, the cost of everyone’s insurance has to increase; however, many lower-income Americans will be eligible for subsidies that many middle and upper class families will not receive. There is a massive redistribution of wealth hidden in ObamaCare.

Yesterday the Los Angeles Times posted an article explaining how ObamaCare is impacting the people of California.

The article explains some of the sticker shock the residents are experiencing:

A number of factors are driving up rates. In a report this year, consultants hired by the state said the influx of sicker patients as a result of guaranteed coverage was the biggest single reason for higher premiums. Bob Cosway, a principal and consulting actuary at Milliman Inc. in San Diego, estimated that the average individual premium in 2014 will rise 27% because of that difference alone.

Individual policies must also cover a higher percentage of overall medical costs and include 10 “essential health benefits,” such as prescription drugs and mental health services. The aim is to fill gaps in coverage and provide consumers more peace of mind. But those expanded benefits have to be paid for with higher premiums.

The government is not know for its efficiency or its compassion–both of which are needed in healthcare. Hopefully as people begin to see the impact of ObamaCare on a healthcare system that is not perfect but is working, changes can be made that will make it a more equitable and cost-efficient program.

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Quote Of The Week

Reported at Townhall.com and other places:

Health and Human Services Secretary Kathleen Sebelius stated, “The majority of people calling for me to resign I would say are people who I don’t work for and who do not want this program to work in the first place. I have had frequent conversations with the president and I have committed to him that my role is to get the program up and running and we will do just that,”

Also from the Townhall article:

An online (unscientific) CNBC poll shows 85 percent of people think Sebelius should be fired:

 photo ScreenShot2013-10-25at62111AM_zps1a1b8ccf.png

Maybe I’ve missed something here, but I thought Kathleen Sebelius worked for the American people.

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Slime Comes To Healthcare

There are a lot of problems with the ObamaCare website right now. That’s not news–you knew that already. But did you know about the connection between the AARP, United Healthcare, and this miserable healthcare website?

Yesterday the Washington Post reported:

The company chosen by the Obama administration to oversee the repair of the new federal health insurance Web site faced questions from lawmakers a year ago about whether it was an appropriate choice for earlier work on the site, given that it is owned by the country’s largest health insurance company.

Columbia-based Quality Software Services Inc. — known as QSSI — was purchased by ­United­Health Group in September 2012, months after it was picked by the Department of Health and Human Services to help set up the Affordable Care Act Web site. That called for work on three areas: build a data hub for the site so that information could be transferred between different groups, deliver a tool to help users register, and do some testing of the technology.

Keep in mind that QSSI was chosen without the normal bidding process. Remember that the AARP was one of the early supporters of ObamaCare because they will make millions on supplemental medicare programs through United Health Group, the parent company of United Healthcare. There are other interesting connections between OSSI and various White House types.

Yesterday the Daily Caller reported a connection between the Obamas and the website developer.

The article reports:

Toni Townes-Whitley, Princeton class of ’85, is senior vice president at CGI Federal, which earned the no-bid contract to build the $678 million Obamacare enrollment website at Healthcare.gov. CGI Federal is the U.S. arm of a Canadian company.

…George Schindler, the president for U.S. and Canada of the Canadian-based CGI Group, CGI Federal’s parent company, became an Obama 2012 campaign donor after his company gained the Obamacare website contract.

Meanwhile, Da Tech Guy On DaRadio makes another interesting observation:

Now there is nothing wrong with pointing out the issues with the site, it speaks to the competence of this administration or lack thereof but any conservative writer or pundit who does had better damn well make sure they stress the real problems with Obamacare which have nothing to do with coding.

Because if they don’t, when the coding interface is repaired the media will declare Obamacare “fixed” and it won’t matter how many people lose their insurance. How many people’s deductibles double or how much more individuals pay for worse coverage. The conversation will be over and they will move to the next topic that serves the administration’s purpose.

That is the crux of what DaTechGuy is saying, but please follow the link above to his article–he includes a few very good video clips to make his point.

Generally speaking, ObamaCare is an example of crony capitalism at its worst. The Republicans were right to shut down the government in an effort to stop this runaway train.

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What Is Happening To My Country?

Yesterday I posted a story about Audrey Hudson, a former Washington Times reporter and current freelance reporter (rightwinggranny.com). Yesterday the Washington Times posted a story about the incident.

The Washington Times reported:

The Washington Times said Friday it is preparing legal action to fight what it called an unwarranted intrusion on the First Amendment.

“While we appreciate law enforcement’s right to investigate legitimate concerns, there is no reason for agents to use an unrelated gun case to seize the First Amendment protected materials of a reporter,” Times Editor John Solomon said. “This violates the very premise of a free press, and it raises additional concerns when one of the seizing agencies was a frequent target of the reporter’s work.

“Homeland’s conduct in seizing privileged reporters notes and Freedom of Information Act documents raises serious Fourth Amendment issues, and our lawyers are preparing an appropriate legal response,” he said.

Keep that story in mind as you read the rest of this article.

On October 21, I posted an article about the behavior of the Park Police during the government shutdown (rightwinggranny.com). The source of that article was a John Fund article at National Review Online. The question being asked in the article was if the Obama Administration can use the Park Police to fight a political battle, what other federal agencies can they co-opt? Again I ask, when were the shut-down signs and the barricades ordered and who authorized the order?

On October 23, The Blaze reported that a total of nine commanding generals have been fired this year. The article lists the generals and contains a video of an interview with the reporter investigating this.

Where were you when you first heard the expression “shelter in place?” That was mainly added to the American vocabulary after the Boston Marathon Bombing. Think about that for a moment. In the past, when a criminal escaped from jail, we were told to lock our doors and windows and be alert. I don’t ever remember hearing the expression “shelter in place.” Shelter in place implies Martial Law. Is that something that is going to become routine?

I list the above incidents for your consideration. They may mean nothing, they may mean a lot. Think about them the next time you have the opportunity to vote. I don’t like the direction our country seems to be heading in. The only way to change that direction is to change the people running the country. The only way to change the people running the country is to vote the current people out and elect new people. We need to do that.

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Only One Person Has Been Fired In The Healthcare Rollout

The roll-out of ObamaCare has been a disaster. So far more people have lost their insurance plans under ObamaCare than have signed up. The website is not secure, is not always available, and is a nightmare to navigate. So who got fired? The navigator who talked to Sean Hannity on the telephone this week.

Yesterday Real Clear Politics reported that Earline Davis, the person who received the phone call from Sean Hannity on his radio show and answered his questions, was fired. Sean Hannity has offered to pay her a year’s salary and help her find a new job.

Ms. Davis explained that her training had not included instructions not to talk to the media and that she was just trying to do her job–answering questions honestly and helping Sean Hannity understand ObamaCare.

It is very interesting to me that the only person who has been fired in the ObamaCare debacle is Earline Davis.

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Thugs

Today’s Daily Caller posted a story about a raid on the home of journalist Audrey Hudson, a former Washington Times reporter and current freelance reporter. The raid was carried out by the Department of Homeland Security and the Maryland State Police. The warrant obtained by the Daily Caller states that the purpose of the raid was to search for firearms inside the home.

The article reports:

The document notes that her husband, Paul Flanagan, was found guilty in 1986 to resisting arrest in Prince George’s County. The warrant called for police to search the residence they share and seize all weapons and ammunition because he is prohibited under the law from possessing firearms.

But without Hudson’s knowledge, the agents also confiscated a batch of documents that contained information about sources inside the Department of Homeland Security and the Transportation Security Administration, she said.

There are some problems with this story. If her husband had a run-in with the law in 1986 and has not had problems since then, why hasn’t the restriction been lifted? Since the ban on his owning firearms goes back more than 25 years, why has it gone unenforced until now, and who authorized the taking of Audrey Hudson’s notes?

The article further reports:

At about 4:30 a.m. on Aug. 6, Hudson said officers dressed in full body armor presented a search warrant to enter the home she shares on the bay with her husband. She estimates that at least seven officers took part in the raid.

After the search began, Hudson said she was asked by an investigator with the Coast Guard Investigative Service if she was the same Audrey Hudson who had written a series of critical stories about air marshals for The Washington Times over the last decade. The Coast Guard operates under the Department of Homeland Security.

This is not the America I know. Note that the raid took place in the middle of the night–when people are not awake enough to realize completely what is happening. That is the kind of tactic the SS used in Nazi Germany.

We need to get the current thugs out of Washington as soon as possible. We are in danger of losing our freedom of speech.

 

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Make Sure You Sign Up For ObamaCare On The Right Site

One thing that has always amazed me is that people who steal from other people in creative ways would probably be very successful if they directed their efforts into an honest endeavor. One glaring example of that is the amount of cyber-squatting that has surrounded the launch of ObamaCare.

On Wednesday the Washington Examiner posted an article about the number of cyber-squatters attempting to capitalize on the launch of ObamaCare.

The article explains:

For instance, there is a website — www.obama-care.us — that brands itself as part of the “Obamacare enrollment team,” directs people to an “Obamacare enrollment form” and asks users for their name, address, Social Security number and other contact information. According to a counter at the bottom of the page, more than 3,000 people have visited obama-care.us.

This website does not actually enable people to enroll in Obamacare. It was registered with GoDaddy.com on Sept. 2 — less than a month before the official launch of the health care exchange websites — according to who.is, a website that provides information on internet domains and their owners.

The practice of setting up websites with names that are similar to high-profile pages is known as cyber-squatting.

What happens as a result of this cyber-squatting is that some unsuspecting person who thinks they have accessed the government healthcare website types in all their pertinent financial information and then an identity thief takes all their money. Most of the younger generation is pretty savvy about cyber security, but the older baby boomers may not be. This is dangerous.

The article explains how a website host should avoid the confusion:

To prevent cyber-squatting, professional website owners typically purchase domain names that are similar to the main page.

For instance, former Senate candidate Sharron Angle wanted to make sure that people who misspelled her first name by using only one “R” would still reach her website.

So she bought the domain name — sharonangle.com — and the page automatically redirects users to the proper website.

For the same reason, the owners of washingtonexaminer.com also own washingtonexaminer.net.

“I was shocked to find out that they have not picked up any of these other top-level domains,” the cybersecurity expert said.

He also provided the Washington Examiner with a list of 221 websites that he identified, using proprietary software, as cyber-squatters taking advantage of the healthcare.gov rollout — websites such as healthcarer.com — and another 499 that he identified as squatting on state exchange websites.

Either the government was not interested in protecting the American people from fraud, or they were uninformed of the problem. Either way, it looks as if the people who put together the ObamaCare website were totally incompetent.

 

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What We Have Here Is A Failure To Communicate

The Weekly Standard reported today on a recent quote by Harry Reid.

The article reports:

Senate majority leader Harry Reid says that “Everybody” is “willing to pay more” taxes. He said so in an interview with a Nevada Public Radio host.

“The only people who feel there shouldn’t be more coming in to the federal government from the rich people are the Republicans in the Congress,” Reid told the radio host, according to Roll Call. “Everybody else, including the rich people, are willing to pay more. They want to pay more.”

Wow. I am not a rich person, but I am part of everybody else, and I have no desire to pay any more taxes than I already pay. Nor do I think anyone, rich or poor should have to pay more taxes until the government learns to spend money more carefully.

Traditionally in America government spending has been about 18 percent of the GDP in taxes. The Obama Administration has increased the amount of spending drastically.

Heritage.org posted the following chart:

The reason for the drop in spending in 2012 is the budget control act. Even if you don’t like sequestration, it is becoming obvious that it does cut government spending.

 

 

 

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A Resource For Keeping Your Family Safe

In the past, I did an article on an organization called Keep America Safe. That organization has taken its website down, so I have deleted the article. The person who informed me that the link was dead sent me an email with another website with suggestions as to how to keep your family safe during a terrorist attack. The website suggested was safesoundfamily.com. It is a commercial website that sells security equipment, but it also lists many suggestions regarding situational awareness and keeping your family safe.

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Gangster Government???

Periodically I post an article on this website that deals with something I have no clue about. This is one of those articles. I understand some of the basics, but the details of this situation are very much in the financial weeds.

Peter Wallison was a guest on the Bill Bennett radio show this morning talking about some recent government actions against J P Morgan Chase. A website called bizjournals.com offers some insight as to what is going on.

The bizjournals article reports:

Warren Buffett came to the defense of JPMorgan Chase Chairman and CEO Jamie Dimon Tuesday even as the New York bank is reaching a $13 billion settlement with the Justice Department over the sale of mortgage-backed securities ahead of the financial crisis.

…”I think $13 billion is a lot of money, and I think Jamie has done a very good job of running JPMorgan,” Buffett said. “He helped out the economy enormously when he took on Bear Stearns and he didn’t get an indemnification clause. There wasn’t even time for that sort of thing.”

The thing to keep in mind here is that Jamie Dimon originally supported President Obama. Mr. Dimon became a critic of the Obama Administration after the Dodd-Frank bill was passed. The latest charge against JP Morgan is only one of several charges against JP Morgan that have come in the past three or four months.

Evidently the latest charge against JP Morgan is related to the fact that they sold sub-prime mortgages to investors. Somehow the government seems to have forgotten that they were the ones that demanded the writing of these sub-prime mortgages. Mr. Wallison also mentioned that many of the things JP Morgan is charged with are things they did not do, but that the companies they acquired at the request of the government did.

In his interview with Bill Bennett, Mr. Wallison noted that it is very worrisome that the government can go after a company in the way that they have gone after JP Morgan. This tactic could be used to discourage CEO’s of companies from speaking out against the policies of the government.

 

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This Was Posted On Facebook By One Of My Daughters

One of my daughters posted the following on Facebook. It made me very proud:

I am the spouse of an active duty Marine…who will one day be a veteran. I move my children, my household goods, my pets, two cars, a motorcycle and my life every two to four years, whether I want to or not. I leave behind friends that have become my family and family that I never expected would be far from home.
I have no retirement plan. I can never stay in a job long enough to become vested in a 401K or any other plan. I receive no pay from the military for my sacrifices, instead I support a husband so he can stay focused on his job—defending our freedom.
I am forceful, independent, and fiercely loyal. I come on like a rabid dog when I move to a new place, hoping to find that one person who can help me replace those I left behind. I never really replace those I leave behind, I only add, or subtract as life changes, and friendship changes.
I have chosen this life. Do not pity me. Do not cry for me. Do not think that I cannot handle it. I knew what I was getting into on that day I said “I Do.” I knew the pay scale. I knew it would be hard to find a job every few years. I knew I would leave one job making great money to only find the same job making a lot less somewhere else. I clip coupons. I use Groupon. I shop at the end of seasons for the following seasons. I have to say “no” sometimes, even when I don’t want to. I have to sometimes go without so that my children or spouse can have just that much more. But I am happy, happy that the sacrifices my husband makes allows me to make sacrifices for him and our children.
Would I do it again? Yes. Would I have my children do it again? Yes. I have the most temperamental, frustrating, well rounded, worldly children you will ever meet.
Do have compassion for my children. Do have compassion when I am having a bad day. Do have compassion when I have not seen my spouse in months. Yes, I am used to him deploying, going on trips, being gone for a week, a month, a year, but that does not mean that I miss him or love him any less.
Most of all, one day, when he becomes a veteran, remember he started out as a child of 18, fresh in the military, and has now, a veteran, made way for another child to take his place, to lead, to fight for our country, and to have a family that makes sacrifices for us all.
The circle is never ending. Whether you fought way back when, are fighting now, or have yet begun to fight, there are sacrifices that have been made, are being made, and will be made.

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Rules For Radicals In Action

Saul Alinksy, the original community organizer, wrote a book entitled, “Rules for Radicals.” Rule #4 states, “Pick the target, freeze it, personalize it, and polarize it.” Cut off the support network and isolate the target from sympathy. Go after people and not institutions; people hurt faster than institutions. (This is cruel, but very effective. Direct, personalized criticism and ridicule works.)” Unfortunately that rule has been used excessively by many of the American political left. The latest example has to do with the Keystone Pipeline.

Two people the American political left loves to hate are the Koch Brothers. Yesterday John Hinderaker posted an article at Power Line describing how the political left is using the Koch Brothers as an excuse to oppose the Keystone Pipe Line. So what is the connection between the Keystone Pipeline and the Koch Brothers? Well, before I go into that, I would like to mention the connection between the Keystone Pipeline and Warren Buffett. Warren Buffett controls Berkshire Hathaway which owns Burlington Northern Santa Fe Railroad. Burlington Northern Santa Fe will be shipping oil by rail if the pipeline is not built. The railroad expects to “eventually” be shipping 1 million barrels of oil per day.

But, back to the Koch Brothers. A website called Grist claims that the Koch Brothers will make “as much as $100 billion in profits if the controversial Keystone XL pipeline is given the go-ahead by President Obama.” So let’s look at the claim. First of all, the construction of the Keystone Pipeline would result in Koch Industries paying more for oil–not less. (See the article at Power Line for details). The article at Power Line also deals with the claim that the Koch Brothers own a good part of the acreage the oil for the pipeline will come from. Actually, it turns out that the Koch Brothers lease the acreage and that if the pipeline is built, it will take 476 years for the Koch Brothers to break even after the construction of the Pipeline.

The article at Power Line concludes:

So what is going on here? Rich liberals hire kids–recent college graduates, or maybe college or high school students–to produce idiotic “research reports” that can be dismantled by anyone familiar with arithmetic, let alone the oil and gas industry, of which these kids obviously know nothing at all. The claims these reports make are completely divorced from reality, but liberals don’t seem to care. The Huffington Post headlines: “Keystone XL Pipeline Could Yield $100 Billion For Koch Brothers.” PolicyMic: “Actually, You Probably WILL Guess Who Stands to Make $100 Billion Off the Keystone XL Pipeline.” TruthDig: “Koch Brothers Stand to Make $100 Billion From Keystone Pipeline.” And, of course, the Kos Kidz are all over it.

This isn’t just stupid, it is insane. It is also, unfortunately, a good example of what modern liberalism has come to. No regard for truth, just blind hatred.

Rules for radicals at work.

 

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Here’s What We Were Promised, Here’s What Is Happening

In 2009 President Obama said, “If you like your health care plan, you can keep your health care plan.” Well, there are some problems with that statement. Kaiser Health News reported on Monday that thousands of consumers have had their health insurance plans cancelled due to ObamaCare.

The article reports:

Florida Blue, for example, is terminating about 300,000 policies, about 80 percent of its individual policies in the state. Kaiser Permanente in California has sent notices to 160,000 people – about half of its individual business in the state.  Insurer Highmark in Pittsburgh is dropping about 20 percent of its individual market customers, while Independence Blue Cross, the major insurer in Philadelphia, is dropping about 45 percent.

Some Policies Targeted

Both Independence and Highmark are cancelling so-called “guaranteed issue” policies, which had been sold to customers who had pre-existing medical conditions when they signed up. Policyholders with regular policies because they did not have health problems will be given an option to extend their coverage through next year.

It doesn’t sound like those of us who were happy with our health insurance will be allowed to keep it.

The article further reports:

Blue Shield of California sent roughly 119,000 cancellation notices out in mid-September, about 60 percent of its individual business.  About two-thirds of those policyholders will see rate increases in their new policies, said spokesman Steve Shivinsky.

Like other insurers, the Blue Shield letters let customers know they have to make a decision by Dec. 31 or they will automatically be enrolled in a recommended plan.

Between the website problems and the cancellations, this is not going well for the Obama Administration.

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