Tag Archives: legislation

Happy Birthday Mr. President!

Obama's BBQ Fixing the country, one burger at a time. http://www.youtube.com/watch?v=yw4GsjcsP24 added by: ibrake4rappers13

Life on Mars discovered

Apparently some astrologers have discovered signs of fossils on mars. Check out the article for more info. added by: Geoffiroth

Dog eats man’s big, saves his life

Have you ever been so drunk that you passed out and your dog ate your toe? I haven't either, but luckily for Michigander Jerry Douthett, he has. It turns out Jerry has type 2 diabetes and a wound on his toe had becoming dangerously infected. After a night of drinking Jerry passed out in his chair and the family dog Kiko decided to do a little doggy doctoring. From the article: “'The toe was gone,' said Douthett. 'He ate it. I mean, he must have eaten it, because we couldn't find it anywhere else in the house. I look down, there's blood all over, and my toe is gone.' [Douthett's wife] Rosee, 40, rushed her husband to the hospital where she's a gerontology nurse — Spectrum Health's Blodgett Campus. Kiko had gnawed to a point below the nail-line. When tests revealed an infection to the bone, doctors amputated what was left of the toe.” Source: http://www.mlive.com/news/grand-rapids/index.ssf/2010/08/dog_eats_rockford_mans_… added by: Tyrannous

CNN Poll: Over 40% of Republicans doubt Obama was born in U.S.

Washington (CNN) – It's surely not what the leader of the free world wants for his birthday. But, for a stubborn group of Americans, conspiracy theories about President Obama's birthplace are the gifts that keep on giving. The president celebrates his 49th birthday Wednesday. On the same day, a new national poll indicates some Americans continue to doubt the president was born in the United States. According to a CNN/Opinion Research Corporation survey, more than a quarter of the public have doubts about Obama's citizenship, with 11 percent saying Obama was definitely not born in the United States and another 16 percent saying the president was probably not born in the country. Full results [pdf] Forty-two percent of those questioned say they have absolutely no doubts that the president was born in the U.S., while 29-percent say he “probably” was. “Not surprisingly, there are big partisan differences, although a majority of Republicans thinks Obama was definitely or probably born here,” says CNN Polling Director Keating Holland. “Eighty-five percent of Democrats say that Obama was definitely or probably born in the U.S., compared to 68 percent of independents and 57 percent of Republicans. Twenty-seven percent of Republicans say he was probably not born here, and another 14 percent of Republicans say he was definitely not born in the U.S.” The theory that the president was not born in the U.S. has nagged him since the 2008 presidential campaign. A group of true believers, known as “Birthers,” have pressed the idea that Obama was born in another country – some say in his father's homeland of Kenya. By their claims, Obama is constitutionally ineligible to serve as president. On the president's birthday, some websites bent on advancing the theory are wishing Obama a “Happy Birther Day.” And some of the president's staunchest critics are fanning the flames. On Tuesday, conservative radio talk show host Rush Limbaugh quipped on his program, “They tell us August 4th is the birthday. We haven't seen any proof of that!” Yet there is ample evidence that defies Limbaugh's statement and the beliefs of the 27-percent of Americans that, according to the poll, doubt the president's birthplace. CNN and other news organizations have thoroughly debunked the rumors. Hawaii has released a copy of the president's birth certificate – officially called a “certificate of live birth.” And in 1961 the hospital where the president was born placed announcements in two Hawaiian newspapers regarding Obama's birth. The White House has called doubts that Obama was born in Hawaii “fictional nonsense.” But questions persist. So much that in May, Hawaii passed a law that allows state agencies to ignore repeated requests to view government records, including the president's birth document. Hawaii's Republican Gov. Linda Lingle signed the legislation into law. Around that time, Lingle – who campaigned for Sen. John McCain and Sarah Palin in 2008 – criticized questions about the president's birth. In a WABC interview before signing the legislation, Lingle said, “…I had my health director, who is a physician by background, go personally view the birth certificate in the birth records of the Department of Health.” Lingle added, ” … The president was in fact born at Kapi'olani Hospital in Honolulu, Hawaii. And that's just a fact.” “It's been established he was born here,” the governor continued. “I can understand why people want to make certain that the constitutional requirement of being a, you know, natural born American citizen … but the question has been asked and answered. And I think just we should all move on now.” The CNN/Opinion Research Corporation poll was conducted July 16-21, with 1,018 adult Americans questioned by telephone. The survey's overall sampling error is plus or minus three percentage points. added by: TimALoftis

Wall Street Reform Passes–Big Banks Celebrate

(Reuters) – The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law. By a vote of 60 to 39, the Senate passed a sweeping measure that tightens regulations across the financial industry in an effort to avoid a repeat of the 2007-2009 financial crisis. President Barack Obama will likely sign the bill into law next week, the White House said. The legislation, opposed by the banking industry, leaves few corners of the financial industry untouched. It establishes new consumer protections, gives regulators greater power to dismantle troubled firms, and limits a range of risky trading activities in a way that would curb bank profits. The Senate vote caps more than a year of legislative effort after Obama proposed reforms in June 2009. The House of Representatives approved it last month. Although Obama originally had pushed for bipartisan support for an overhaul of financial regulation, only three Republican senators voted in favor of the bill, along with 55 Democrats and two Independents. With Republicans poised for big gains in the November congressional elections, Democrats are eager to show voters that they have tamed an industry that dragged the economy into its deepest recession in 70 years. “I regret I can't give you your job back, restore that foreclosed home, put retirement monies back in your account,” said Democratic Senator Christopher Dodd, one of the bill's chief authors. “What I can do is to see to it that we never, ever again go through what this nation has been through.” Along with the health-care overhaul, Democrats can now point out that they have passed two far-reaching reform efforts that will likely shape American society for generations. It is not clear whether that will impress voters. The public's understanding of the regulatory revamp is very low, according to an Ipsos online poll released on Thursday. Of those polled, 38 percent had never heard of the reform, while 33 percent had heard of it but knew nothing about the legislation. Other polls show the public divided about its merits. The bill has also won Democrats few friends on Wall Street as wealthy donors have started to steer more campaign contributions to Republicans. Financial markets showed little reaction on Thursday. Investors said passage was already priced into banks' share prices. Bank stocks have followed the overall market lower since April, weighed down by poor U.S. economic data and the belief that more regulation could crimp profits down the road. JPMorgan Chase & Co said the bill would not compromise its business model but might hurt profitability. “We'll have some effect on revenues and margins and volumes,” its chief executive, Jamie Dimon, said on a conference call. As the largest U.S. derivatives dealer, JPMorgan could have the most to lose from the bill, which aims to curb lucrative trading in risky over-the-counter derivatives and force banks to end trading for their own profits. FEW CORNERS OF INDUSTRY UNTOUCHED Under the 2,300-page bill, mortgage brokers, student lenders and other financial firms will have to answer to a new consumer-protection authority, though auto dealers will escape scrutiny. Regulators, who scrambled to contain the damage from failing firms like Lehman Brothers in the last crisis, will have new authority to dismantle troubled firms if they threaten the broader economy. A council of regulators will monitor big-picture risks to the financial system and many large banks will have to set aside more capital to help them ride out times of crisis. Large private-equity and hedge funds will face more scrutiny from federal regulators, and credit-rating agencies could potentially see their entire business model upended. Much of the $615 trillion over-the-counter derivatives market will be routed through more accountable and transparent channels, and banks will have to spin off the riskiest of their swaps clearing desk operations. http://www.reuters.com/article/idUSTRE66E0MD20100715 added by: ScottyT

What Does The Financial Reform Bill Do Other Than Being Completely And Utterly Worthless?

Is it possible to write a 2,300 page piece of legislation that accomplishes next to nothing and is pretty much completely and utterly worthless? The answer is yes. Barack Obama has been trumpeting the Dodd-Frank financial reform bill as the “biggest rewrite of Wall Street rules since the Great Depression”, but the truth is that after the Wall Street lobbyists got done carving it up, the bill that was left was so watered down and so toothless that it essentially accomplishes nothing except creating even more government bureaucracy and even more mind-numbing paperwork. The bill is so riddled with loopholes for the big banks that it is basically the legislative equivalent of Swiss cheese. The Democrats in the Senate were ecstatic when they announced that they had secured the 60 votes needed to pass this legislation, but when they are asked about what the financial reform bill will do, most of them are left stammering for some kind of cohesive response. The sad truth is that most of them probably don't understand the bill and none of them will probably ever read the entire thing. added by: Revelation1217

Obama Can Shut Down Internet For 4 Months Under New Emergency Powers

President Obama will be handed the power to shut down the Internet for at least four months without Congressional oversight if the Senate votes for the infamous Internet ‘kill switch’ bill, which was approved by a key Senate committee yesterday and now moves to the floor. The Protecting Cyberspace as a National Asset Act, which is being pushed hard by Senator Joe Lieberman, would hand absolute power to the federal government to close down networks, and block incoming Internet traffic from certain countries under a declared national emergency. Despite the Center for Democracy and Technology and 23 other privacy and technology organizations sending letters to Lieberman and other backers of the bill expressing concerns that the legislation could be used to stifle free speech, the Senate Homeland Security and Governmental Affairs Committee passed in the bill in advance of a vote on the Senate floor. In response to widespread criticism of the bill, language was added that would force the government to seek congressional approval to extend emergency measures beyond 120 days. Still, this would hand Obama the authority to shut down the Internet on a whim without Congressional oversight or approval for a period of no less than four months. The Senators pushing the bill rejected the claim that the bill was a ‘kill switch’ for the Internet, not by denying that Obama would be given the authority to shut down the Internet as part of this legislation, but by arguing that he already had the power to do so. They argued “That the President already had authority under the Communications Act to “cause the closing of any facility or station for wire communication” when there is a “state or threat of war”, reports the Sydney Morning Herald. ears that the legislation is aimed at bringing the Internet under the regulatory power of the U.S. government in an offensive against free speech were heightened further on Sunday, when Lieberman revealed that the plan was to mimic China’s policies of policing the web with censorship and coercion. “Right now China, the government, can disconnect parts of its Internet in case of war and we need to have that here too,” Lieberman told CNN’s Candy Crowley. While media and public attention is overwhelmingly focused on the BP oil spill, the establishment is quietly preparing the framework that will allow Obama, or indeed any President who follows him, to bring down a technological iron curtain that will give the government a foot in the door on seizing complete control over the Internet. As we have illustrated, fears surrounding cybersecurity have been hyped to mask the real agenda behind the bill, which is to strangle the runaway growth of alternative and independent media outlets which are exposing government atrocities, cover-ups and cronyism like never before. Indeed, China uses similar rhetoric about the need to maintain “security” and combating cyber warfare by regulating the web, when in reality their entire program is focused around silencing anyone who criticizes the state. The real agenda behind government control of the Internet has always been to strangle and suffocate independent media outlets who are now competing with and even displacing establishment press organs, with websites like the Drudge Report now attracting more traffic than many large newspapers combined. As part of this war against independent media, the FTC recently proposing a “Drudge Tax” that would force independent media organizations to pay fees that would be used to fund mainstream newspapers. added by: im1mjrpain

A Winning Argument for Clean Energy Legislation?

Decades of research has produced a strong scientific consensus that climate change is occurring, and that it is caused largely by humans’ burning of fossil fuels. And over the decades, we’ve seen firsthand the dangers of relying on oil as a fuel source — the price gouging, the geopolitical struggles it produces, the pollution it creates. So it’s a bummer that Americans still need to be convinced to support clean energy legislation. But they do. And there have been many intense debates over how that convincing should be done. The image above, produced by

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A Winning Argument for Clean Energy Legislation?

Treasury Draft Docs Vindicate IBD’s 2009 ‘Individual Private Medical Insurance Is Illegal’ Claim

In mid-July of last year, the good folks on the editorial board at Investors Business Daily made the following observations about the version of ObamaCare then under consideration by the House: … Right there on Page 16 is a provision making individual private medical insurance illegal. … the “Limitation On New Enrollment” section of the bill clearly states: “Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day” of the year the legislation becomes law. So … Those who currently have private individual coverage won’t be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers. The leaked Treasury draft documents ( 83-page PDF ) referred to in an earlier post this morning about employer coverage (at NewsBusters ; at BizzyBlog ) go beyond vindicating IBD by applying the same prohibitions to group coverage, as the following graphic from Page 14 of the document shows: Therefore, effective March 23: Individuals seeking new or alternative coverage can only buy policies that “comply with Affordable Care Act provisions from which grandfathered health plans are exempted.” Groups seeking new or alternative coverage (obviously including new groups) are in the same boat. As shown earlier this morning, any changes beyond trivial to existing group or individual policies will cause those policies to lose their grandfathered status, forcing those plans to “comply with Affordable Care Act provisions.” Thus, those looking to purchase new policies or who make even minor changes to existing policies that lead to de-grandfathering will have three choices: ObamaCare’s specified minimum coverage levels, which are far higher and far more expensive than typical private plans. Coverage that is more generous and therefore even more expensive than ObamaCare’s specified minimum — but not too generous. As commenter Gary Hall at the previous NewsBusters post noted, if one has coverage that is considered overly generous, it will run the risk of being considered a “Cadillac” plan subject to a 60% excise tax. By 2018, when that tax takes effect, the distance between ObamaCare’s high-threshold minimum coverage and where the “Cadillac tax” kicks in may not be very great. A majority of large-employer plans and plans at many small professional enterprises may end up being subject to the tax. Paying the individual penalty for either not buying insurance (for individuals) or not covering employees (for employers). In other words, individuals can’t freely engage in commercial transactions with insurance providers to buy new policies with provisions tailored to their or their employees’ particular needs and circumstances. Entering into a contract that would do so is now illegal, as IBD observed last July. In an editorial five days after its original, IBD stuck to its guns in the face of withering attacks from the establishment media outlets, “backed up” by the likes of FactCheck.org. Their common complaint was, “Well, they will still be able to buy individual insurance through the state-run ‘exchanges.'” But it was clear then and true now that they will only be able to buy coverage there that is at or above ObamaCare’s specified minimums, and in one so-called “marketplace.” In reality, the “exchanges” are the roach motels of health insurance; once you’re forced in, you can never get out. It turns out that IBD was absolutely correct last year. For affected individuals and even groups, there is no real “market” for health insurance. There is only ObamaCare, or something even more expensive. Absent repeal, anything else is outlawed. Cross-posted at BizzyBlog.com .

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Treasury Draft Docs Vindicate IBD’s 2009 ‘Individual Private Medical Insurance Is Illegal’ Claim

AP Exclusive: Scuba Diving in the Gulf Oil Spill

“A rare and different perspective at the oil spill from beneath the surface. The AP's Rich Matthews got an exclusive look at the spill by joining a dive team who explored how the oil is impacting the Gulf of Mexico. (June 9)” Watch the video. http://www.youtube.com/watch?v=FGX7krQYI_4&feature=player_embedded added by: lookatmypix