Hey, it’s good to be rich. It’s particularly good (if one is a crony) to be rich and connected. It’s nice to be able to make a phone call or email and get a “certificate of divestiture” which allows one to to defer indefinitely the capital gains taxes on gains made on the stocks of the healthcare companies one used to work for. (Before heading a government agency which regulates said companies.)
Google is a highly politicized company. An ardent supporter of the current president, members of Google’s senior staff even helped Obama get elected in 2012. This would be bad enough if Google was in the business of oil, or cars, or even jet fighters. But Google is in the business of INFORMATION.
One doesn’t need a poll to see this. During the Obama presidency the rich have done quite well. The so called “underclass” has been largely placated. (Obama got rid of Clinton era “workfare” for instance making welfare a “life choice” again.) But the middle class, the core of America, has been hurt. There is simply no denying it. (I mean one can, but one would be wrong.)
It’s not entirely Obama’s fault. He is only a part of the puzzle, if a big part.The Federal Reserve has fundamentally undermined the economy. It has rewarded those who already had assets before the 2008 Crash with an inflated stock market. Those without assets, or those whose only “asset” is their home? Well, too bad so sad.
I was listening to a triad of wonks on NPR’s The Dianne Rehm Show last week discussing “Net neutrality.” One of the guests asserted that it was a given that business always hates “regulations.” I laughed to myself in the car. This person does politics for a living? And no one challenged her on this. (These are supposed to be smart inside the Beltway folks.)
What an ignorant statement.
This is a bit creepy.
Though it is true that there is lots of misinformation on the web, and that the quest for higher quality search results is very good one, that the most used search engine in the world may soon be in the business of defining what is “true” and what is not is of some concern.
What isn’t to love about Obamacare?
This is one of the great axioms of government. It is the reason why, no matter how bad, how complex, how dishonest, how generally damaging a government program is there are some (the Pauls) who will defend the program to the end. The “Pauls” are getting paid. (With someone else’s money.) They will say the sky is red. They will insist that water flows uphill. That, like in Orwell’s 1984 2+2=5.
Obamacare is of course a colossal case in point.
Uh oh. And the IRS WILL extract your penalty from your refund. So that’s nice. The tax collectors are already delaying refunds in what appears an effort to make sure they get everything Obamacare says is coming to the agency.
America, land of the free.
Remember, the House Republican leadership made sure there was funding for this debacle.
Of course the health care companies like Obamacare. THEY WROTE SIGNIFICANT PORTIONS OF IT. That was the deal with the “devil” Obama made. The Dems essentially gave the insurance industry (and other parts of the health care industry) a massive transfer of wealth from America’s middle class to their corporate bottom lines.
Lesson here is – get a lobbyist.
That’s nice. It sure is good to know that the crony deal of the century (so far) Obamacare, is working out for the giant insurance companies. I was worried for them.
I’m joking of course since the giant health insurance companies along with Big Pharma wrote a good piece of the law. A law which was not even supported by a majority of Americans but was forced through Congress on questionable procedural grounds. A law which has now financially addicted a good portion of the American people like it was designed to. Yep, good times for the health insurance companies.