Representative Larson finds it horrifically “unfair” that he and his staff will be forced into the same healthcare that is scheduled to be imposed on tens of millions of Americans. The Democrat, who was among the leadership in his party when healthcare reform was passed, said “this is simply not fair to these employees. They are federal employees.”
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I had some fun back in April when I noted that politicians and staff on Capitol Hill were getting very agitated about having to be part of Obamacare. Well, it seems that the way the law applies to them is so costly that many of them are thinking about calling it quits.
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A report out this week from researchers in New Zealand says Lego mini-figures have become angrier. Moreover, there's a suggestion the change has made children angrier in the process. In the study, which covers the period from 1975 to 2010, those mini-figures all had smiling faces until 1989.
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Once again, we’re all very disappointed in the fact that we can’t reestablish our “A.” Perhaps in a few years when the politicians have changed faces we’ll once again be worthy of our “A,” but for now we can only keep our fingers crossed.
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It was another tough session for the market as buyers have decided to cool their heels and refuse to take the early rally bait. There wasn't much news but the longer the market drifts, the more time for some to realize the Dow made a 9,000 point rally and maybe it's due for a pullback of sorts.
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While the Federal government's admission of procuring Verizon records daily was an explosive admission, it pales in comparison to the new information coming out about PRISM, a program with a two billion dollar center in Utah.
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There is no longer any shock value in catching the President saying something diametrically opposed to reality. We are all too familiar with Barack "It-was-the-video" Obama and a plethora of other exaggerations and fantasies. Occasionally, though, he goes beyond his own standards for hypocrisy.
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With the Fed forcing interest rates low, commercial and industrial lending has picked up. That may sound like a good thing, but is it? I suggest it's not. Competition is such that "covenant light" lending has returned in full force.
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Well, it has finally happened: The temperature of Hell has dropped below 32 degrees Fahrenheit, pigs have full command of the skies, and I have found a sentence uttered by Paul Krugman with which I agree.
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On the first Friday of each month, the financial markets, the mainstream media, and, in fact, the whole world eagerly await the U.S. monthly jobs report. With sleight of hand, the president takes full credit for all the newly created jobs.
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What exactly is going on with this market? For the last few weeks the experts screamed at the top of their lungs "The End is near," and rallies faded while volatility went through the roof.
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I’ve complained ad nauseam about how government has screwed up the health sector, both because of spending programs such as Medicare and Medicaid and because of tax and regulatory distortions that have mutated the supposedly private insurance market into some bizarre form of pre-paid, all-you-can-eat healthcare.
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The establishment survey showed a gain of 175,000 a reasonably good but not spectacular print. The bright spot was involuntary part-time employment only rose by 26,000 so most of the jobs were (for a change) full-time jobs.
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In my discussion of deficits and debt, I criticize the Congressional Budget Office for assuming that government fiscal balance is the key determinant of economic growth.
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