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…)
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.
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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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…)
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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Our President Trump met with the CEO’s of various small and community banks earlier today as part of the financial reform that underpins much of the overall Trump economic agenda.
Previously President Trump issued an executive order which modified, actually tiered, the choking rules, regulations and compliance reporting within Dodd-Frank banking rules which buried smaller locally operated banks with the same regulatory framework as massive financial institutions.
The next aspect of Trump’s financial reform will most likely come in some form of reinstatement of the Glass-Steagall Act. President Trump personally put the reinstatement of Glass-Steagall into the GOP platform as part of uncoupling Wall Street financial policy from Main Street financial needs. [More explanation on that below]
[Transcript] 11:17 A.M. EST – THE PRESIDENT: Thank you, everybody, very much. Good morning and I greatly appreciate you being here. We have some real experts with us and we have some great bankers with us.
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In what could have been a great interview, Sean Hannity aimlessly circles his constantus interruptus questioning toward a diminishing conclusion of nothingness. The interview was scheduled to highlight an explosive new report from Circa News, which claims they have actual evidence the Obama FBI was engaged in electronic surveillance of candidate Donald Trump.
Unfortunately, both the interviewer and the interviewee, Sara Carter, missed the central points, whiffed on the premise of their discovery, and exhaustively used thousands of words that traveled in all directions simultaneously while completely missing the target.
The key parts were: Trump’s servers, spies, monitoring, surveillance, Obama, the FBI, wiretapping, Russia, and FISA/non-FISA warrants were discussed. Some assembly required.
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Apparently, based on this FOX ARTICLE, all the explosive investigation information is in an article, on THIS WEBSITE. But that sucks too. So there’s that. If you’re up to the challenge, feel free to assemble the informational matrix in the comments section.
Put this in the ‘things you won’t see on CNN’ file: Trying to retain their resistant bona fides Democrat Representatives Elijah Cummings and Peter Welch emerge from a meeting with, with, with the bad man, President Trump, seemingly infected with r-r-r-respect.
Aiieeeee… resist we much, and we much, about this, be committed.. Pelosi desperately shouting: “stay away from the light… don’t walk toward the light”… oh noes, the swamp, they’re, they’re walking the-wrong-way… OMG. “Curse You Villain !!”
Elijah Cummings obviously having a hard time shaking it off. It took him a few minutes to gather back his oppositional composure:
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If, if, if, if… only Trump had a magic wand or something… well, then the, the, the, the…. the Okie doke Trump brand would be “skyrocketing“:
WASHINGTON DC – Contrary to reports that shoppers are avoiding the first daughter’s fashion line to protest her father’s policies, the president of the company says recent sales are among the best in the brand’s history.
Abigail Klem, a former lawyer who has worked at Ivanka Trump HQ since 2013 and took over the role of company president in January, insisted that the brand has experienced a major boost.
“Since the beginning of February, they were some of the best performing weeks in the history of the brand,” explained Klem to Refinery29.com. “For several different retailers Ivanka Trump was a top performer online, and in some of the categories it was the [brand’s] best performance ever.”
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