Truth Has No Agenda (GB)

Archive for June 4, 2010

Waxman Drops The Bomb, We Cant Afford Obama’s Healthcare [Reader Post]

FloppingAces.net

Posted by: Skookum @ 4:45 pm

here

Charismatic Charmer, Henry Waxman & Obama,  ”America’s Turd In The Punchbowl”, is getting steamed

On Friday, Congressman Henry Waxman D CA, Chairman of the House Committee on Energy and Finance, was on the floor pleading with Democrat Congressional members they need to push for an immediate 22.9 Billion Dollar ‘Fix’ for Medicare to cover doctor’s fees.

The Bill that was supposed to lower the cost of Health Care has now shown itself to have costs that are spiraling out of control: Barack assured the nation upon signing the Health Care Bill,

“This legislation will lower costs for families and for businesses and for the federal government, reducing our deficit by over $1 trillion in the next two decades,”.

In just two months, Waxman has discovered this new need for a 102 billion in federal spending that would increase the national debt by 54 billion over the next ten years, 25 billion going out to cover costs for the next few months of the fiscal year.

According to Waxman:

“It’s absolutely critical to do this if we are going to keep doctors in Medicare and keep the promise to Medicare beneficiaries that they will have access to physicians’ services,  This provision will provide a moderate increase in physicians’ fees, 2.2 percent for the rest of the year. If we don’t act, doctors’ fees will be cut by 21 percent from where they are today. This would be unconscionable.”

In his ’sudden’ desire for truth and solvency, Waxman pleaded with colleagues:

to vote for a bill that includes $102 billion in new federal spending and would add $54 billion to the national debt over the next 10 years — $25 billion of it in the few months remaining in this fiscal year.

(more…)


431,000 New Jobs … 9.7% Unemployment & Only 41,000 are Private Sector Jobs

Scared Monkeys

WOW, 431,000 new jobs in May 2010 and unemployment down to 9.7%.

Now comes the double wow … 441,000 were temporary government census jobs. You heard that correctly, that means only 41K jobs created in the private sector. What a didaster.

Payrolls rose by 431,000 last month after a 290,000 increase in April, figures from the Labor Department in Washington showed today. The gain was smaller than the 536,000 median forecast in a Bloomberg News survey and reflected a 411,000 jump in government hiring of temporary help for the 2010 census. Private payrolls rose a less-than-forecast 41,000. The unemployment rate fell to 9.7 percent as Americans dropped out of the labor force.

It’s official, it is a jobless recovery.This is just terrible jobs news as all of the 441K census jobs will be ending at the end of the summer. The markets are going to get hammered on this terrible jobs news. But wait, creating jobs was Obama’s #1 priority in his second year of his Presidency. That is when he is not thinking about the BP oil spill. Or if he is not golfing or paying tribute to Paul McCartney.

This Census worker claims that the job numbers are inflated.

Posted June 4, 2010 

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