CBO Releases Analysis of Secretary Tom Price and Speaker Ryan Healthcare Proposal – Price Responds…

Any analysis of the current CBO projections for the Price/Ryan Healthcare proposal should keep in mind the original number of “uninsured” during the 2009/2010 debate over ObamaCare was 30 million.
The entire premise for ObamaCare in 2009 and 2010, as espoused by the people selling the need, was to cover those 30 million uninsured.
With that in mind, the fact that CBO projects uninsured coverage of 28 million in 2026 if no changes are made to ObamaCare – means that seven years of healthcare chaos have resulted in coverage for only 2 million people.
Let that sink in.
Seven years of explosive costs, loss in coverage, collapsing plans, lost doctors, and all of the accompanying crisis have yielded a net insurance coverage for only 2 million people.


Here’s a Link to the Actual CBO Report
Here’s the CBO report as delivered by Reuters – Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare, the nonpartisan U.S. Congressional Budget Office said on Monday in a report that dealt a potential setback to President Donald Trump’s first major legislative initiative. (more…)

Sunday Talks "Budget" – OMB Director Mick Mulvaney…

The Director of President Trump’s Office of Management and Budgets (OMB) Mick Mulvaney discusses the ongoing budgetary priorities of President Trump and the intertwined larger policy objectives – with the newest spokesperson for Grecian men’s haircare formula Jake Tapper.


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Larger things considered, Mulvaney has always been an odd duck selection.  However, perhaps President Trump knew something we didn’t.  What better way to coordinate a budget than to use the same people who allowed a willfully-blind decade of financial usurpation, only this time holding them accountable to a corrective path.  Leverage is, if they fail, their prior activity can always be exposed.
Heck, there’s growing evidence President Trump might just be pulling off an epic reverse Castellano’s maneuver.  After all, Paul Ryan was the former Chairman of the Ways and Means Committee, and current Chair Kevin Brady has been a key focus of President Trump.  Hmmm…
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Sunday Talks "Healthcare" – Rep. Jim Jordan vs Rep. Steve Scalise…

Representative Jim Jordan lays out a forceful case to destroy the RyanCare healthcare proposal.  Jordan makes a lot of good points; however, the unnerving aspect is Jordan’s response to the long-term ramifications of blowing up the Senate process:  “I don’t care” if we lose elections and end up with single-payer healthcare.
Jim Jordan is scheduled to meet again with President Trump this coming Tuesday.


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Earlier on Fox Business News, House Majority Whip, Representative Steve Scalise, defended the current three-step proposal and extended the conversation into the budget ramifications and the Trump tax reform proposal.
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No, Waiting for ObamaCare to Implode is Not an Option Either…

As more people begin seeing through the fog of political “talking points”, the next response from those suffering from battered conservative syndrome is to say: well, do nothing, and allow ObamaCare to simply self-destruct.
Unfortunately, this is not an option.  At least it’s not a reasonable option.  To understand how battered conservatives are being lead around, used and abused, it is very important to understand the abusers.  There are many.

Last week Treasury Secretary Steve Mnuchin informed congress it will soon be necessary to raise the debt ceiling.   Immediately, crony-constitutional conservative types, like many who assemble in the House Freedom Caucus, shouted “no way”; apparently, according to their pearl-clutching political position – it unnerves their fiscally conservative sensibilities.
Interesting.
On October 21st, 2015, the Freedom Caucus itself backed Paul Ryan for Speaker of the House of Representatives. (LINK)  A week later, October 28th, 2015, members of the same Freedom Caucus voted to approve a $2+ trillion dollar Omnibus spending bill, a massive continuing resolution, and removed the debt ceiling restrictions (link).  Two days later, October 30th, 2015, at 3:00am in the morning, the Omnibus CR bill passed the Senate (link).
This was yet another year without a federal budget, and a specific decision to fund all of Obama’s spending priorities for 2015 and 2016.  (more…)

Vice President Mike Pence Healthcare Speech In Louisville Kentucky…

On Saturday in Louisville, Ky., Vice President Mike Pence spoke about President Donald Trump’s plan to repeal and replace ObamaCare.  Anyone else notice Kentucky Senators Mitch McConnell and Rand Paul were not present?


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“The ObamaCare nightmare is about to end. … Virtually every promise with ObamaCare has been broken,” Pence said, adding Kentucky is one of the many states negatively affected by the Affordable Care Act.
Pence promised that ObamaCare would not continue, since it has been a top priority of the Trump administration to repeal and replace the program.
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Republican Factions Continue Healthcare Infighting…

In the largest measure, the basic problem is in 2009 Harry Reid passed the ObamaCare legislation in the Senate with 60 votes.  The House then passed the exact same bill, and the Democrats moved to immediate reconciliation to remove the House concerns (Gator-Aid, Cornhusker Kickback, Louisiana Purchase etc.).
In 2017 the Republican congress are attempting to repeal and replace that ObamaCare legislation with only 52 Senate votes available, well, maybe.
Unfortunately for the GOP there are not even 52 votes for repeal.  Portman, Thune, Collins, Murkowski, Graham, McCain, Blunt, Cochran, Cornyn, Hatch, McConnell and others, are not necessarily on board; that’s 11. (Leaving only 41).
No amount of byzantine rule changes surrounding “reconciliation” are going to overcome that factual vote hurdle.  In 2009 Senator Reid started with 60 votes.  In 2017 Senator McConnell starts with 52.

So anything coming from the House of Representatives has to keep this reality in mind.  Even if support or opposition is based on ideological principle, it still has to pass – or it’s moot.
There’s no doubt the Paul Ryan proposal holds the worst U.S. CoC aspects demanded by Tom Donohue.  Heck, Donohue poured a lot of lobbying money into the entire architecture in ’09/’10 and he’s paid republicans in congress hundreds of millions to make sure his interests in keeping ObamaCare around are protected.  Ryan is big GOPe and he’s supported by the Big Club.
And, as much as Paul Ryan is beholden to Donohue to retain some form of ObamaCare, so too are the Rand Paul / Ted Cruz types paid by billionaires like Cary Katz (Conservative Review); who want an abject repeal without compromise. (more…)

February Comparative U.S. Wage Rates Increase 2.9%….

Reposting part of a previous outline by request.  The repost is requested as an outcome of the latest wage rate news within the February labor report.  The wage rate increase is not being highlighted, and in some reports downplayed, by media.   However, the measurable matrices inside the space between two economic engines is responding according to prior outline on the new economic dimension.

First the recap of the day’s news on labor rates:

WASHINGTON DC – With the labor market near full employment, wage growth could speed up as companies are forced to raise compensation to retain employees and attract skilled workers. A proxy for take-home pay rose a solid 0.5 percent in February.

The annual wage increase is close to the 3 percent to 3.5 percent range that economists say is needed to lift inflation to the Fed’s 2 percent target. Inflation is already firming, in part as commodity prices rise.

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Jobs Report: Manufacturing Industry Sector Posts Largest Gains In Two Decades…


In the latest Bloomberg News report on the labor market, Bloomberg buried the lede:

[…]  Goods-producing industries, which include mining, construction and manufacturing, added 95,000 jobs in February, the most since 2000.

This is critical for many reasons.  However, before going further, again we must remind everyone about the Magic Wand. WATCH:


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What many people do not realize is the scope of four decades of lies being sold by politicians and political operatives, who are espousing the sales pitch of globalists, and who constructed the second (Wall Street) corporate paper economy around the premise of off-shoring manufacturing and industrial jobs.
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Vice President Pence Remarks on Flynn's Turkish Lobbying Revelations…

Wow.  This is really odd.  According to this interview with Vice-President Mike Pence, he only discovered General Flynn’s lobbying connections to Turkey yesterday.
That lack of knowledge seems rather puzzling considering that Pence was in charge of the Transition Teams, including all of the vetting [effective November 11th], and General Flynn was picked as National Security Adviser on November 17th, 2016.


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We wrote about the looming conflict-of-interest issue back when Flynn was announced –SEE HERE- because immediately we saw a problem with Flynn connecting to Turkey and the view of Egyptian President Abdel Fattah el-Sisi that Recep Erdogan was the nemesis of Egypt, Jordan and the moderate elements of the middle-east.
Really quite surprising to see VP Pence state the Trump administration had no idea about the Flynn lobbying which was quite widely circulated at the time by The Daily Caller and others. (more…)

ObamaCare and The GOP: Two R.A.T Groups Fighting for Control – Both Filled With False Information and Many Lying…

It’s obvious the financial interests are pouring in money to the R.A.T groups right now in the fight over ObamaCare Repeal and/or Replace.   Boy howdy are they all fibbing as they fling their poo at each other.  Forget the Democrats in this discussion.  For the sake of this analysis we only look at the right side of the UniParty; the Republican side.

There are two financial special interest groups within the Republican fight on ObamaCare. Two groups within the BIG CLUB.  Essentially, two swamp R.A.T factions:
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