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POPSBeginning of the End of Free Market Health Care in the U.S. Commercial insurers—who were still required to pay taxes, establish reserves, and adhere to other state insurance regulations—had difficulty competing with the Blues, which, by the 1950s, together were the largest provider of health insurance in America. In an effort to compete with the Blues, more and more for-profit insurance companies offered similar plans, and the model of third-party insurance plans paying the providers directly with little or no input from the patient—and paying for routine care through insurance—became entrenched. This new model was a disaster in the making. In addition to minimizing incentives for insured customers to comparison shop for medical services, it also minimized incentives for doctors and hospitals to compete on price.
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POPSDetroit Automakers a Relic of the Past No one in the private sector is willing to pony up a dime for this business plan. GM stock is below its 1946 price, and one investment house has priced it at zero. The Detroit Three are taking advantage of the passage of the $700 billion financial bailout to argue that they, too, need government money to go on. But as Megan McArdle of The Atlantic argues, the finance firms are different. If credit coagulates, everyone suffers, while if the Detroit Three go bankrupt, their shareholders lose their stake, employee and retiree pay and benefits are cut, and real estate values go down in areas where the companies and their suppliers operate -- but life for most of us goes on. McArdle further argues that the capital invested in keeping the hulk of the Detroit Three operating pretty much as they are, unprofitably, will not be available to those whose startups could morph into the Microsofts and FedExes of the future.
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POPSIVA bankruptcy - Best Option to Escape Bankruptcy A bankruptcy situation is probably the last thing you want. But the situation has come up that you are on the edge of bankruptcy to get and do not know what to do. In this situation, there is a way you can get out of the situation and that is to select for an IVA. The type of service you receive from the experts will not only help you to overcome the situation, but will contribute to better understanding of how these crisis situations can be handled. IVA is popular for a very fast pace many people will choose this option to prevent them from being bankrupt.
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POPSProposed Utah coal plant blocked by EPA panel I sure am glad there was no EPA when I was growing up in W.Va. and Grandpa warmed our house with the coal stove in the middle of the living room. It's going to be a cold winter for most since everywhere alternative option is blocked by somebody. And I believe Obama promised to "bankrupt" the coal industry anyway. We'll be back to rubbin' two sticks together and huddled around a fire. Ooops! Can't cut down trees either. :~(
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POPSIt's NOT a BAILOUT it's the biggest HEIST in Human History “We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.” Daniel Webster, speech in the Senate, 1833
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POPSEven Lawyers are getting laid off
NEW YORK: You know things are bad when even lawyers are getting laid off. In downturns of years past, law firms exploited corporate failures and bitter, protracted lawsuits to keep busy and keep billing. But in this still-unfolding crisis, the embittered and the bankrupt have been relatively slow to appear, at least in court. American law firms in turn are feeling the strain. Thelen and Heller Ehrman, two firms whose deep San Francisco roots extend back decades, have collapsed outright, in part because of the business slowdown. Each firm left several hundred lawyers out in the cold. Many others, including Sonnenschein Nath & Rosenthal and Katten Muchin Rosenman, two Chicago firms ranked among the nation's 100 most profitable by American Lawyer magazine, and an international giant, Clifford Chance, have jettisoned dozens of associates. Still others, like Powell Goldstein, a firm based in Atlanta with more than 200 lawyers, are merging with larger rivals in deals that may be bid
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POPS Iva UK To Get a secured loans solution IVA is a cost effective alternative option for people who run into financial difficulties, and that would have to declare themselves as bankrupt or insolvent.Take out secured loans with an IVA UK is really hard. Fortunately, because of the spread of the loan market and the advent of specialist lenders, IVA secured loans are now available.
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POPSInstant Loans UK For Fast And Easy Cash A successful business can be a rich source of the economy as it is regarded as the power field from which the monetary income can be generated at high speed, but a small mistake that may be in the stock market or marketing strategy can ruin the whole set up. You can even go bankrupt, and in such situations terrible instant business loans is the ready assistance available to British citizens.
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POPS Reasons Not to Vote for Barack Obama, In His Own Words . . . . . . . . Obama’s now infamous “Spread the wealth.” And in an interview with ABC News, anchor Charlie Gibson asked, “ n each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it given the fact that 100 million people in this country own stock and would be affected? “ Obama says: “Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.” Obama’s view of the First Amendment? Threats of criminal libel prosecutions, Justice Department intimidation, and no promise to veto the “Fairness Doctrine” if Congress passes it. Obama’s view of Iran, currently building nuclear reactors? “Iran … tiny … pose a serious threat to us. Michelle Obama’s views about her husband running for President? “It’s way too soon. He hasn’t done anything yet
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POPSBurying the lead And yet they had a "****-me" story. But they chose to bury not only the lead but the entire dog: "Obama's Straight-Ahead Style". Why not just call it "Nothing To See Here, Folks. Another Direct-To-Birdcage Production"? There is no explanation for the Chronicle's action if they're in the newspaper business (ie, in attracting readers, selling copies, etc.). But it makes perfect sense if they're in the ideological PR business in hopes of electing politicians sufficiently grateful to include them in the next $700 billion bailout.
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POPSWill Obama make your State a Third-World Country? Wyoming, West Virginia, Kentucky, Pennsylvania, Texas, Illinois, Virginia, North Dakota,Colorado, Indiana, New Mexico, Utah, Ohio, Alabama and Arizona
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POPSThe Would-Be President Intends To Blackmail Congress. . . . . . . . . Into Falling In Line With His Climate Agenda . What about those carbon off-sets? Will Obama give us a chance to discuss it, or will he simply propose blanket changes that will destroy our economy? From the Wall Street Journal: Obama's Carbon Ultimatum http://online.wsj.com/article/SB122445812003548473.html Wizbang has the best discussion of the plans. http://wizbangblog.com/content/2008/11/02/audio-obamas-cap-and-trade-policy-so-aggressive-it-will-bankcrupt-coal-powered-plants.php Flopping Aces has information about what will happen to energy prices. http://www.floppingaces.net/2008/11/02/obama-told-paper-he-will-intentionally-bankrupt-the-coal-industry/ No Quarter has additional information about the idiocy The One is planning. http://www.noquarterusa.net/blog/2008/11/02/obama-send-some-price-signals-to-change-behavior/
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POPSYou Unemployed Blue-Collar Workers Can Freeze In The Dark, Too Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. This ought to be a big hit with coal miners. Or, for that matter, anybody else since we currently produce half of our electricity with coal. But hey, candlelight is so romantic. What are we talking about? The ObaMarx’s energy “plan”, that’s what. The plan under which he intends to put the coal business out of business . . . But why don’t we let him speak for himself?: What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there. So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted. http://www.nicedoggie.net/2008/?p=2850
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POPS They Can Try, But They Will Bankrupt The Coal Industry “This interview was given to San Francisco folks many, many months ago,” Palin said. “You should have known about this, so that you would have better decision-making information as you go into the voting booth.” In the audiotape, Obama reiterated his call for a cap and trade system on carbon and greenhouse gases.
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POPSTexas Zombies! The picture becomes clear. Zombie hordes shambling towards you. Tattered corpses muttering insanely, "Theories...theories...they're only theories..."
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POPSEurope & Russia on the brink (economy) Broadly speaking, the US and Japan sat out the emerging market credit boom. The lending spree has been a European play – often using dollar balance sheets, adding another ugly twist as global “deleveraging” causes the dollar to rocket. Nowhere has this been more extreme than in the ex-Soviet bloc.
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POPSWar & taxes What does it say about our society that we all pool our money together to buy war? Why not schools with small classes & free education through graduate school? Of course, WWII was a just and necessary war - but how much of our taxes goes to fund the military? Can we afford it? Didn't excess military spending help to bankrupt the former Soviet Union? Is it an issue of too much taxation or how it is being spent?
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POPSHistory: Aaron Burr v. Thomas Jefferson An endorsement of a great leader over a man surrounded by corruption, in 1800 Alexander Hamilton endorsed Thomas Jefferson over Aaron Burr. Yesterday Colin Powell went the opposite direction and endorsed socialism and corruption over leadership and greatness. Colin Powell is no Alexander Hamilton
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POPSDrudge ad pictures Obama and Mohamed Atta Maybe this is just what we need in order to bankrupt the long-lived idea that elections can be won by pitching fear of the Scary Black Man. Farewell, Carl Rove. Farewell, Lee Atwater. Most Americans don't want your ways anymore. Let's go out and trounce them.
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