Lake Erie Conservative

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Archive for the ‘economic opinion’ Category

… Maybe those Idiots Will Learn [#San Francisco bookstore closing]…

Posted by paulfromwloh on Wednesday,November 16th,2016

.. considering that it is Fantasyland by the Bay , I wonder ..

.. San Fran ‘ s very popular [and well known] Borderland Books is a symbol of small businesses in the Bay Area . The voters raised the minimum wage [yet again] , without thinking of the possible consequences to other people , including business and industry . They do no realize that it could really be a cost to jacking up the wage that high , that it will impact other people . Unfortunately , the voters did not do so …

.. [h/t — LegalInsurrection.com]..
.. [link] to the blog story // video clips …

.. Borderland has announced that it is closing , this year . The owner announced his closing and departure while he and his business are still popular and profitable . Hopefully , he will be able to get some [maybe even all] of his investment in his business back . Unfortunately , probably not …

.. sooner or later , the voters have to realize that there is a difference [ yet , a cost] to their votes , to their policy choices . Then , maybe they will think twice before making stupid choices like jacking up the minimum wage so high that it drives out business and industry from a metro area and / or a region …

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… The Gallup Org is Right [#economic stats]…

Posted by paulfromwloh on Monday,November 7th,2016

.. some of the economic stats that the Feds produce are a joke .

.. to be out – and – out honest , they are a fake , a lie …

.. the hype that the ObamaCraps are giving the employment stats is one big fat joke . They have no idea of how private sector businesses create jobs . They do not even have an idea of how to balance a budget , to meet a payroll , to deal with government regulators and regs and rules , etc . In other words , they have no idea of what they are talking about ..

.. [h/t — TruthRevolt.org]..
.. [link] to the opinion column ..

.. the Gallup Organization just does not do opinion surveys . They also do a fair bit of academic research . They do it [among other things] so that the surveys and subjects that they end up doing have more credence and credibility . So , more power to you , Gallup ! …

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… Nice Going , ObamaCraps [#OCC price hikes]…

Posted by paulfromwloh on Saturday,October 22nd,2016

.. and are they loo – loos , folks ..

.. you are talking serious double digits , folks .

.. and these are the smaller states , too . None of the larger states have reported in , yet . But don’t expect them to have good news . Especially California …

.. [h/t — BloombergView.com(MeganMcArdle)]..
.. [link] to the news column ..

.. a pending trend : many of the folks are subsidized [around 85%] . Ouch ! …. Another : the folks that are being covered under OCC are generally older and sicker . That figures . Hate to tell you I told you so , but , I told you so , folks …

.. so will the news on OCC get any better ? Not likely . The regulators may want to keep a lid on price increases , but it will not work . Especially in the more conservative states . They do not want OCC to work , and they want their own people to be covered , but they also want them to learn a lesson . You cannot ignore the Laws of Supply and Demand , dummies !! …

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… The Sad Think with Venezuela [#oil exploration]…

Posted by paulfromwloh on Sunday,September 18th,2016

.. Venezuela is an oil – rich nation , that is no doubt . However , its legacy is being squandered by the Chavistas and now Nicolas Maduro and his gang , with an assist from Cuba …

.. it has an even richer legacy , one that is right now largely going unexplored . It is the Orinoco Basin . Outside of the United States , the Orinoco Basin is one of the largest unexplored areas of shale oil on the planet . Most estimates put the holdings there at about 150 billion barrels to 175 billion barrels of oil . Yes , they are that large . But , right now , nothing . Courtesy of the Chavistas …

.. [h/t — WFB.com]..
.. [link] to the book review …

.. courtesy of the economic insanity that is Venezuela and other countries like it [such as Ecuador] , that are will continue to go largely unexplored . The investment capital that would flow into that area in massive quantities [in a lawful country] is cutoff in a legalistic fantasyland like Maduroland [Venezuela] or Correaland [Ecuador] …

.. In Cuba ‘ s case , it is their lifeline . They receive an extraordinarily generous oil subsidy from Venezuela . They need it , or else , it is bye – bye Communistas …

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… California and the Drought [#economics]…

Posted by paulfromwloh on Saturday,August 13th,2016

.. uh guys and gals , you have to manage both sides of the equation ..

.. that means some basics of the Laws of Economics . it is not just managing the demand side of the equation , either , You also need to pay attention to the supply side , too …

.. California is a huge state . If it were considered separately from the rest of the US , then it would have the world ‘ s sixth or seventh largest economy . So , you cannot ignore things , and wish that they will just go away . You have to manage both sides of the equation …

.. [h/t — HotAir.com]..
.. [link] to the blog post …

.. California has grown enormously over the last 50 years . how many new sources of water [lakes and reservoirs] have they created in that time ? A grand total of Zero . Not one …

.. uh , folks , you have to pay attention to your supply problem . Right now , you idiots are not doing a damn thing about it . You are afraid to do anything about it . Also , the ecosocialists have an outsidez amount of power in LoonieLand , thus blocking any new sources of water storage being built …

.. Well , look off your coast , dummies . You sit on the coast of the world ‘ s biggest ocean — the Pacific Ocean . Many Middle Eastern nations have introduced a great deal of desalination plants . Well , you have to do it , too …

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… See What Happens [#economics][#substitution]…

Posted by paulfromwloh on Saturday,August 6th,2016

.. the folks in San Francisco raised the minimum wage up to $15 / hour . So what do you think would happen ? … Technology is substituted for human capital [people employed]…

.. [h/t — theRightScoop.com]..
.. [link] to the blog post …

.. could people be that oblivious to the advances in technology ? It appears so . The loonie lefties pushed thru this $15 / hour minimum wage , and they just assumed that there would be no response to it . Well they were found to be both idiotic and badly wrong at the same time …

.. this restaurant is a fascinating idea . It will also teach the loonies a tough lesson . The 21st century return of the Automat !! …

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… Greece is Now in Real Trouble [#the Euro]…

Posted by paulfromwloh on Saturday,June 18th,2016

.. the I.M.F. walking out of talks is not good ..

.. but neither is giving Greece more debt in order to pay off previous debts . That just does not make any sense at all . Extending the maturities will not do enough …

.. [h/t — FinancialTimes.com]..
.. [link] to the blog article …

.. You have to reduce the amount of principal , and , if possible , the interest rates , as well . Greece does not really merit a reduction in the interest rates , though . The principal reduction should do the job ..

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… Vermont junks Single – Payer [#health insurance plan option]…

Posted by paulfromwloh on Sunday,May 8th,2016

.. so , single – payer is out in Vermont …

.. Vermont these days is loonieland , in comparison to New Hampshire ‘ s reasoned sanity , and Massachusetts ‘ rank liberalism …

.. so , one would figure , if single – payer is going to work , it would work in Vermont . It is about as politically receptive a place for it to happen …

.. [h/t — reason.com]..
.. [link] to the column …

.. well , as of this week , the Green Mountain state has effectively junked the single – payer plan that it wanted to implement . Why ? …

.. simple . they wanted the moon and the stars included in their single – payer plan . It was even more ridiculously expensive than the Cadillac – style ObamaCrapCare plan that would normally be used in a state . Well , the ” moon and the stars ” plan that they wanted cost waaaaay too damn much …

.. It figures …

.. [h/t — Vox.com]..
.. [link] to Sarah Kliff ‘ s column ..

.. Sarah Kliff is an excellent writer for an otherwise – dull – as – dishwater liberal website  [Vox.com] . Her column gives most of the ” inside skinny ” on what happened and why it happened . The part , though , she leaves out is that Governor [Peter] Shumlin is trying to save his own political skin . He finished 1st , with just less than 48.0%  of the vote in the 2014 general election . He should  have won big , and  going away . He did not …

.. So , what happened ? …

.. What happened was underfunded , unknown businessman Scott Milne nearly got Peter Shumlin ‘  s scalp . Vermont ‘ s voters got a preview of the future , and they were none – too – thrilled with it . Milne finished just behind Shumlin , with about 47.4% of the vote . Now ,  Vermont ‘ s legislature makes the choice . Normally , it is  a  piece of cake for Shumlin . Don’t be so sure ,  this time …

.. Vermont ‘ s legislature still has to figure out what to do . If they want , they can try  to jam a  less –  expensive version of  single payer by Shumlin or Milne . then they will have to pay the political piper in 2 years when they are all on the ballot . This time , Milne will not be an unknown . He will also be better funded . What would the R.G.A. give to be  a royal P.I.T.A to the Dems in Vermont ?

.. A  nice chunk of change , I will bet ….

.. well , the dummies down in Fantasyland on the Potomac want to try to do the same thing . Implement a ” Moon and the Stars ” single – payer plan , no matter what the cost …. Well , guess what , dummies ?!?! …

.. it would cost waaaaay too damn much , same as in Vermont . Stoopid …

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… What Brand of ” Weed ” has POTUS …

Posted by paulfromwloh on Thursday,April 7th,2016

.. been smoking ..

.. all the economy has done is stabilize . It is not strong , not by a long shot …

.. it is aching for the promotion of investment . Right now , it is not getting it , and the lack of it show , very much , in the lack of strong and consistent economic growth . The result passes down to people ‘ s paychecks , even with the growth in the stock market …

.. [h/t — twitchy.com]..
.. [link] to the news post // tweets …

.. POTUS is in fantasyland if he thinks that his policies are responsible for this . They are not , not one bit . It is the actions of the Federal Reserve Board , assisted by the Department of the Treasury , that aree responsible for our current condition . It does not make our current condition nice and breezy , either …

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… Miz Hillary is an Economic Illiterate [#Supply Side Economics]…

Posted by paulfromwloh on Wednesday,January 13th,2016

.. it works every time that it is tried …

.. it is the supply side of the laws of supply and demand . You cannot have investment without encouraging it …

.. [h/t — TruthRevolt.org]..
.. [link] to the blog news …

.. Miz Hillary does not have a clue about how businesses work . Considering she is a lifelong radical activist and a lawyer , plus a senator …. that figures …

.. it does not matter ….. whether it is sole proprietorship , a partnership , or a corporation ….. they help to create the jobs …. economic demand does not do it ….

.. Miz Hillary should go back to college , and take a refresher minor in economics . Then , at least , she will then understand how economics works , and how the business cycle works [as well]….

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… Video – on – Demand is Part of Hollywood ‘ s future [#economic model]…

Posted by paulfromwloh on Wednesday,September 9th,2015

.. well , surprise …

.. Hollywood is getting a peek at the economic model of the future …

.. and V.O.D. is going to be a part of it , whether they like it or not …

.. [h/t — Newsmax.com]..
.. [link] to the news article …

.. the hairy and botched dealings with the release , cancellation , and then re – release of ” the Interview ” [starring Seth Rogen and James Franco] is going to teach Hollywood several important lessons …

.. one , to be obvious is about computer security . It is not , how much it will cost you . It is a question of how much that it will cost you if you do not do it right …

.. another is V.O.D. …. Hollywood cannot ignore it any longer . Going with VODsimulataneous with a motion picture ‘ s release is going to become more and more common . It will also help to cannibalize the antics of movie pirates , by beating them to the punch …

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… Well , the Interview got Released [#hack attack]…

Posted by paulfromwloh on Thursday,January 1st,2015

.. well , it finally made it out …

.. it actually developed a fan base and customer base , by the by , while it was at it …

.. and , it showed North Korea that the U.S.A. cannot and will not be cowed into submission by blackmail by a foreign power …

.. [h/t — Newsmax.com]..
.. [link] to the blog article …

.. however , Sony Pictures Entertainment is going to pay a dear price for the hack attack . Part of it is its reputation . It has been substantially damaged by the antics of the hackers [and their foreign sponsor(s)] . The other is financial . S.P.E. is going to have to pay several hundred million dollars in damages for the efforts of the hackers to restore their computer systems …

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… Oh Boy … Go , Rudy , Go !! [#Guiliani interview]…

Posted by paulfromwloh on Wednesday,December 24th,2014

.. man , oh man is Rudy Guiliani a force of nature …

.. even after more than 15 years out of office , he can really bring it in an interview …

.. get a earful of Rudy the other Saturday night on ” Justice with Judge Jeanine . ” He was in rare form …

.. [h/t — theRightScoop.com]..
.. [link] to the interview segment …

.. He really handed it to POTUS , AG Holder , and that so – called Reverend [yea , it’s Sharpton] … they all have it coming …

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… Big Surprise [#ObamaCrapCare rates in Florida]…

Posted by paulfromwloh on Tuesday,August 12th,2014

.. from news reports …

.. the news reports on ObamaCrapCare rates for the coming year are coming in . So , what happens ?? …

.. [h/t — HotAir.com]..
.. [link] to the blog news ..

.. double – digit increases …. what a big surprise ?? …. told ya so ….

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… I would tend to wonder [#Q2 GDP]…

Posted by paulfromwloh on Sunday,August 10th,2014

.. the underlying facts on this one do not fit ..

.. especially with consumer spending . The spending by consumers makes up 65% of our economy . So , in the 2nd Quarter , consumer spending was up , but only by 2.5% …

.. and the Department of Commerce says our GDP rose by 4.00% in the 2nd Quarter ?? It does not make sense …

.. [h/t — HotAir.com]..
.. [link] to the economic report ..

.. also , I will tell you why . The amount of investment , or , to be honest , the lack thereof …

.. a lot of the upside in this is from inventory buildup . You have that with an expansion , but , if there is any falloff , then look out below . Also , you have a problem with the lack of gain in general investment . You really cannot have a sustained and strong expansion without it . That is what the ObamaCraps keep forgetting , if they even give a damn about it …

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… an Oil Price Shock [#a real possibility]…

Posted by paulfromwloh on Sunday,August 10th,2014

.. it is possible , and it is real ..

.. unlike 1974 or 1979 , it is not something that can or might be reversed by a ” snap of the fingers ” …

.. [h/t — OilVoice.com]..
.. [link] to the economic report …

.. with Libya ‘ s decline , the possible damage in Iraq , and premiums that could price into the market , due to the effects on the Gulf nations and Saudi Arabia in particular , it could get nasty …

.. also , now , Russia is a major producer . It is also very heavily dependent on oil revenue as a source of tax revenue for its Treasury . The Russians may not want to turn off the ” tap . ” But events may do it for them …

.. also , here in the U.S. , if it happens before November 2016 , the DemoCraps will be crushed at the polls . Even Miz Hillary cannot overcome the effects of disastrous policies from the ObamaCrap administration …

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… Nice Going , Hypocrite [a Liberal benefiting from … ] …

Posted by paulfromwloh on Sunday,June 1st,2014

.. from what ? ..

.. from Ronaldus Magnus ‘ tax cut plan …

.. [h/t — m.Newsbusters.org]..
.. [link] to the blog post // audio ..

.. Thom Hartmann is a loud – mouthed liberal . He is also a notorious hater of Ronald Reagan and all he stands for . Even with that , he and his wife started a business back in the ’80s on their own initiative . With their sweat , idealism , and hard work , he and his wife sold the business a few years later for quite a bit of money …

.. Thom Hartmann and his wife benefited from Reagan ‘ s tax cut …. and a listener actually got him to admit it …

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… Not a Big Shock [Employers dropping Health Insurance] …

Posted by paulfromwloh on Sunday,May 25th,2014

.. well , you can thank ObamaCrapCare for this .

.. not all of it , though .

.. with medical inflation still galloping along (contrary to the claims of the ObamaCraps and His Lordship) , employers have to do something . They are going to have to put with ObamaCrapCare for now , so , what happens …

.. [h/t — hotair]..
.. [link] to the blog post …

.. simple economics ! …

.. cost of providing health insurance , less …
.. OCC fine for employers ($2000 (oops)) , equals
.. bye – bye , health insurance …

.. hey , great , the employee gets a temporary boost in pay . The employer though , gets more cost certainty , because they and the employee know where that boost is going for , and why . Another dandy : That boost is taxable to the employee .

.. when the employer buys health insurance , they get to use before – tax dollars . It means that the cost of the insurance comes off of the employer ‘ s taxes as a cost of doing business . Not so for the employee . The employee has to use after – tax dollars …. Bummer ! …

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… The Enrollment Numbers will Cause Problems [#ObamaCrapCare]…

Posted by paulfromwloh on Wednesday,April 23rd,2014

.. it is not just in the 18 to 35 year old bracket ..

.. it is in the older citizens ‘ bracket .. given that we are living longer , and longer , and longer …

.. [h/t — Newsmax]..
.. [link] to the post ..

.. for insurance to work properly , the risk has to be spread out across the risk pool . The problem with ObamaCrapCare is that community rating flattens the cost curve . It pulled the curve down for the older folks , but it pulled it waaaay up for the young …

.. the risk pool needs the young in appropriate numbers in order for it to work . Just ask the insurers . It is their business . They know how it works . And ObamaCrapCare is screwing it up …

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… Good Luck , Vermont ! …

Posted by paulfromwloh on Tuesday,April 22nd,2014

.. I thought that the People ‘ s Republic of Taxachusetts was bad .

.. Vermont is , it seems , worse .

.. [h/t — m.NationalReview]..
.. [link] to the blog news ..

.. when the commune [state] of Vermont adopted its ObamaCrapCare exchange model , it found that it had a problem — tax money ..

.. it did not have enough of it . It still needs to get waivers from the Feds to wrap Medicare and Medicaid into its single – payer model . But , it still does not have enough tax $$ .. Oops ..

.. Vermont is , however , a small state , of about 670 , 000 people . It produces , normally , about $ 3 billion in state tax revenue every year . To pay for its model , it needs to raise another $2.5 billion — slight problem …

.. even the ” Green Mountain ” gang is not crazy . They may want to adopt a single – payer mondel for ObamaCrapCare — but where does the money come from ?? Great Question . They jack up the taxes , and people go bye – bye …

.. you made your bed , folks . You get to lie in it …

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… Dingy Harry Reid ! [#You Are Busted]…

Posted by paulfromwloh on Thursday,April 17th,2014

.. good ol’ boy gets caught with his hand in the cookie jar …

.. [h/t — infowars.com]..
.. [link] to the blog news …

.. evidently , the land that the Feds want (and that they do not own) is state – owned land . Whoops ! . They want to take the state – owned land , any other publically – owned land , as well as privately – owned land [i.e. , the Bundy ‘ s ranch land] for the Solar Energy farm , not for the conservation of that bloody little tortoise …

.. what they also do not tell you is that the tortoise that they are referring to is being taken care of and conserved elsewhere in Clark County . Which to say there is plenty of land there to do it , since Clark County [yes , Las Vegas is the county seat] is almost 8,800 square miles . Believe it or not , yes it is that big …

.. many counties in western states are quite large . It is especially the case in Alaska [some are over 10,000 square miles] , Nevade , and Arizona . Where the population is also large [Maricopa County (Phoenix) in Arizona , and Clark County (Las Vegas) in Nevada] , it takes quite a bit in public services to serve an area that big …

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… Inflation Doves at the Fed [#HighInflation]…

Posted by paulfromwloh on Tuesday,April 15th,2014

.. Janet Yellen & her cronies are going to get us into trouble .

.. her and her Phillips Curve crowd are dangerous …

.. what are these idiots thinking . They are responsible for monetary policy , not fiscal policy . Quit screwing around with fiscal policy . That policy is the province of the President and Congress .

.. The Federal Reserve ‘ s most important asset is its credibility . It may well need it sometime to fight inflation or systemic risks . Bernanke earned his spurs . So did Greenspan , as did Voelker . Burns and Miller did not , and inflation ran wild . So do not your institutional credibility . It will take a hell of a long time and a great deal of work and effort to get it back …

.. [h/t — NationalReview]..
.. [link] to Larry Kudlow ‘ s article …

.. if you introduce a little bit of inflation into the system , as Larry argues , you are playing with fire . It does not stay as a little bit of inflation for very long . The markets see the recurrence , and demand compensation for it . Then people see the  effect , and then …. … . While they are at it , dump the Phillips Curve . It never works . It is a pile of Keynesian bull[crap] …

.. If inflation surges , we are going to have some serious problems . Interest rates will have to rise . No doubt about it . Inflation risk is a part of the internest Rate equation . If the Fed is screwing around with interest rates because they want to keep interest rates low , may God in heaven help them . Then you end up with both inflation risk and systemic risk , and the financial markets (and the DemoCraps) in the tank …

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… What do People Want — Old School Hospitals ?!?! …

Posted by paulfromwloh on Thursday,February 20th,2014

.. at the rate things are going , that may be where we are headed .

.. those hospitals of yesteryear were something to behold . There were wards of patients , large rooms where there were 10 to 12 people to a ward . Infection control was at a premium , because of all of that close contact . Things were worse , believe you me .

.. I am not that old , but my parents and grandparents were that old . Hospitals were much different in those days . What we have now are so much better . Those old ones may start making a comeback because of financial cutbacks . When you keep cutting reimbursement rates to doctors and hospitals , year after year , things like this in Georgia will keep happening …

.. I live in Northeast Ohio . The market (health and otherwise) that I refer to extends to the counties surrounding the one (Cuyahoga) that I live in . The city of Cleveland [which many of you may well recognize] is our county seat . Our area has roughly about 30 hospitals . Most of the counties , save this one , have at most 2 , sometimes 3 hospitals . We used to have about 36 . Six hospitals (maybe more , I think) have closed in the last decade , many due to the cuts in reimbursement rates . We have 3 major hospital networks , the Cleveland Clinic network (run by the Clinic as the home base) , the University Hospitals network [UH is a part of Case Western Reserve University , located in Cleveland] . The third is the Metro Health Medical Center network . Metro is our county hospital , publically supported by tax funds and a subsidy . They are emerging as a network , and will continue to in order to financially survive .

.. In our area , most of our hospitals are east of the Cuyahoga River . The west side of the area makes do just fine with only about 10 to 12 hospitals . Only one west side hospital has closed in recent years . The mass of  the closures , as you might realize , are on the east side of the area , albeit in Cuyahoga County . When the east side has shrank in economic size and population , the number of hospitals is inevitablity going to shrink .

.. Things like this in Georgia are going to continue to happen , nationwide , due to these cuts ….

.. [h/t — DailyCaller]..

.. [link] to the post ..

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… Hilarious Ad by Cadillac ! …

Posted by paulfromwloh on Wednesday,February 19th,2014

.. this guy [Neal McDonough] is a favourite of mine . He is a Star Trek alumni [from Star Trek : First Contact] , though where many will remember him from is as Lieutenant Oliver ” Buck ” Crompton in HBO ‘ s miniseries ” Band of Brothers . ”

.. [h/t — ISpot.tv]..
.. [link] to the ad . It is well worth your time , and it is not all that long …

.. it takes a good rip at Europeans , but in particular , at the French , who have a habit of taking almost all of August off . This character works his butt off , is successful , has a happy family , and a very nice house …

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… Lock and Load [Judge Jeanine Pirro] …

Posted by paulfromwloh on Wednesday,February 19th,2014

.. she nails His Lordship [Obama] right where he deserves to get it … right in the political ” balls … ”

.. she obviously does not like POTUS . Neither do I . Guess why ? She puts it plainly and clearly , once again ! …

.. she also had on a restauranter , a gentleman by the name of Zane Tankel . He helped to explain the effects that ObamaCrapCare is having on his business . His quip about ObamaCrapCare , saying that people knew it was “Obama cares …” and now , as a banana republic dictatorship …

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… A Job Well Done [Non Union Auto Workers] …

Posted by paulfromwloh on Tuesday,February 18th,2014

.. these folks work for Wolkwagen , down yonder in Tennessee .

.. this operation is non – union . Tennessee is a right – to – work state . There are now 25 right – to – work states , including now states in the Midwest (Michigan and Indiana) and the Northeast (New Hampshire) . That has to drive Big Labour crazy .

.. The U.A.W. really worked hard on this one . They really wanted the victory , to finally organize one of these non – union auto operations . In this situation , an added push was put in by IG Metall (Germany) , the union that Volks has to deal with back home . Metall is a labour federation , but it is also a labour union (in autos) . They wanted this one , too .

.. Metall did not like Volkswagen having a non – union operation anywhere , but , especially in the United States . So , I.G. Metall put pressure on Volks , and Volks (which was a big no – no under U.S. labour law) put pressure on and tried to bribe the workers . They wanted the workers to have what is known in Germany as a ” works council , ” so that the workers would have a say in how the business is run . In the U.S. in a non – union operation , that is a no – go . The only way to have a works council is for the operation to unionize . Which has not happened at any non – union operation in the South , or in a right – to – work state .

.. it was not a blowout by any means . It was about 725 votes to about 620 votes , but it was decisive . Especially so , considering the impermissable pressure coming from IG Metall and Volkswagen . Someone should remind them the next time about U.S. labour law , and what is allowed , and what is not . IG Metall ‘ s pressure is kosher . The company ‘ s [Volkswagen ‘ s] is not kosher .

.. [h/t–theRightScoop]..

.. [link]..

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… ObamaCrapCare [Employer Justification to IRS] …

Posted by paulfromwloh on Tuesday,February 11th,2014

.. I went back and dug up this CNS article . It is about a year old , but it is more relevant than ever ….

.. It is the proposed rule that I believe syndicated columnist Marc Thiessen was referring to when he made his appearance tonight on the “Kelly File” on FoxNewsChannel . The proposed rule (in that article) is the one that the IRS has made final , now . Yea , it is micromanaging of a Business ‘ hiring and firing and staffing decisions , making them subject to the audit of the Infernal Revenue Service …

.. [h/t — CNSnews]..
.. [link] to the article..

(CNSNews.com) – The Internal Revenue Service warned employers in a new regulatory proposal not to come up with clever schemes to avoid Obamacare’s employer health insurance mandate. The IRS said it would soon issue “anti-abuse rules” to discourage employers from taking advantage of any regulatory loopholes. “The Treasury Department and the IRS are aware of various structures being considered under which employers might use temporary staffing agencies (or other staffing agencies)… to evade application of section 4980H [the employer insurance mandate],” the IRS said in a proposed regulatory announcement issued December 28.

The IRS said it would issue a so-called “anti-abuse rule” in an attempt to prevent employers from using temp agencies to circumvent the mandate, essentially writing into law that even though an employer hires temporary workers and therefore is not technically under the mandate’s jurisdiction, the IRS would fine them anyway for not providing health insurance. “It is anticipated that the final regulations will contain an anti-abuse rule,” the agency said. “Under that anticipated rule, if an individual performs services as an employee of an employer, and also performs the same or similar services for that employer in the individual’s purported employment at a temporary staffing agency or other staffing agency of which the employer is a client, then all the hours of service are attributed to the employer for purposes of applying section 4980H.”

In other words, if an employer hires someone part-time, then uses an employment agency to bring the same person on for a second part-time shift, the IRS will still hold the employer liable under the ObamaCare mandate. Similarly, IRS said that if an employer hires the same person for two part-time stints by using two different employment agencies, it will hold either the employer or one of the employment agencies liable for the mandate’s penalties. The issue stems from the employer health insurance mandate in Obamacare, which requires employers with 50 or more full-time employees to provide government-approved, affordable health insurance to at least 95 percent of their employees (and dependents). If any of those employees receives government health insurance subsidies, the IRS will fine the employer up to $2,000 per employee, according to a formula outlined by the IRS.

The warning is part of proposed regulations from the IRS outlining how employers must determine whether they meet the 50 full-time-employee threshold and whether the insurance they offer meets government standards. The IRS said that a full-time employee is one who works an average of 30 hours per week or 130 hours per month, roughly 6 hours of paid service per weekday. The IRS also said that in order for an employer’s health insurance plan to pass muster with the government, it must be available to 95 percent of employees and cost no more than 9.5 percent of an employee’s wages. The agency specified that employers could still fall under the mandate if they employ enough part-time workers to equal 50 full-time workers. For example, if an employer has 40 full-time workers and 20 part-time workers, that employer would be considered by the government to have 50 full-time workers and would be subject to the mandate because the 20 part-time workers average to 10 full-time workers – meeting the 50 full-time-worker threshold.

.. LEC here again — I found a news article at AccountingToday , which sets things out pretty simply . The link to the piece is [here] …

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… This is Only One of Many [ObamaCrapCare choices] …

Posted by paulfromwloh on Sunday,February 9th,2014

.. the C.E.O. in this case is Tim Armstrong , C.E.O. of AOL .

.. he is only one of many ceos that will have to make choices about how to manage finances and balance budgets in the Age of Obama . They will have to deal with ObamaCrapCare ‘ s Essential Benefits packages and how they have to pay for them , and how to deal with the financial impact of it …

.. [h/t — theRightScoop] ..

.. [link] to the video clip …

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… Insurance is One Thing [ObamaCrapCare] …

Posted by paulfromwloh on Saturday,February 8th,2014

.. and access is something else .

.. the insurance exchanges are non – profit state agencies . In this case , Covered California is a state – level one . Three quarters of the states are on the federal dole . Those dummies could not give a fig about any kind of control over their costs . With the  states , it is an entirely different matter ..

.. Covered California is a state – exchange . This entity was created by the state legislature , and signed into law by Governor Jerry Brown . In their case , they have to act like a business . The big problem is : How to Control Costs . Doing it in practice is not quite so simple .

.. Putting the hammer on primary care is one thing . The practice of primary care medicine is evolving , and fairly rapidly . Medical practices are consolidating , and are , to be honest , becoming far more corporate . Specialists are doing likewise .

.. The problem is , still — How to Control Costs ???

.. These dummies are not using the market to do it . The market would do it , and do it nicely , by incentivising consumers to the costs and benefits of their medical choices and the maintenance and changes in their health status . The ObamaCraps are contributing to it by hamstringing Health Savings Accounts [H.S.A.s]] . They are not eliminated , but they are heavily regulated , and are effectively blocked from helping with the consumer  ‘ s choices  .

.. Another blunder is the design of the system . HSAs would be ideal for this . Especially when you can build up savings over time , or deposit more of your own money , in addition to your employer ‘ s coin . When you do that , you would have much more saved , and can be much more picky about what and who to buy from , as well as why .

.. As a result , the state exchange [Covered California] is resorting to restricting access . What this is , means rationing . The primary care physicans act in a way similar as they would in an H.M.O. , as a gatekeeper . A patient would need a referral to see a specialist . Unfortunately , even the number of primary care docs is limited .

.. Insurance is one thing — Access is Another …

.. [h/t — breitbart.com] ..

.. [link] to the piece ..

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… These Guys are Really Pissed [Chicago Ex – Cons] …

Posted by paulfromwloh on Sunday,February 2nd,2014

.. these folks , yes I know , they are ex – convicts .

.. but , at least , give them a break , they are trying to make a lawful fresh start of things on the right side . I am still a law and order hardcase , but where folks are trying , we should give them a break or two , maybe ..

.. these folks are supporters of POTUS (Obama) , and they look treally pissed . More than that , they look really disappointed …

.. [h/t — RebelPundit]

.. [link] to the video ..

.. this one is from earlier this week . FoxNews (Megyn Kelly , the KellyFile) covered this on her show on Friday (01/31/2014) . You have to admire their renewed work ethic and determination , but you can understand their frustration . They expected more , much more out of Obama , and he has been a great disappointment to a great many people . He has been what I expected , to be honest …

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