Social Issues

Submitted by Roger Barris via Acting-Man.com,

Blind to Crony Socialism

Whenever a failed CEO is fired with a cushy payoff, the outrage is swift and voluminous.  The liberal press usually misrepresents this as a hypocritical “jobs for the boys” program within the capitalist class.  In reality, the payoffs are almost always contractual obligations, often for deferred compensation, that the companies vigorously try to avoid.  Believe me.  I’ve been on both sides of this kind of dispute (except, of course, for the “failed” bit).

As the City of Dallas continues to work with the Dallas Police and Fire Pension (DPFP) board on solutions to help close the pension's massive $4 billion funding hole, Standard & Poor's has finally decided that the "continued deterioration in the funded status" of the fund merits a downgrade.  As such, S&P has downgraded the city's general obligation bonds to "AA-" from "AA" and placed them on "negative watch."  Per the Dallas Business Journal:

Authored by Stephen Lendman,

On March 23, 2010, Obama signed the misnamed Patient Protection and Affordable Care Act (PPACA) into law.

It’s a healthcare rationing scheme to enrich insurers, drug companies and large hospital chains in lieu of the only equitable system - universal coverage, everyone in, no one left out, no gimmicks and schemes the way Obamacare was crafted.

Physicians for a National Health Program (PNHP) proposes a “Beyond the Affordable Care Act: A Physicians’ Proposal for Single-Payer Care Reform.”

In a tweet-tempest this morning, Senate Minority Leader Charles Schumer (D-N.Y.) has confirmed he opposes Sen. Jeff Sessions, President-elect Donald Trump's nominee to serve as attorney general.

The Attorney General has a sacred obligation to enforce our laws & uphold the constitution.

— Chuck Schumer (@SenSchumer) January 12, 2017

Early on Thursday morning, in a 51-48 vote, the Senate took the first concrete step toward dismantling Obamacare, when it voted to instruct key committees to draft legislation repealing Barack Obama's signature health insurance program. Republicans needed a simple majority to clear the repeal rules, instructing committees to begin drafting repeal legislation, through the upper chamber, with the vote falling largely along party lines.