I really love this line:
Consumers Energy, a Michigan gas and electric company with 2.9 million customers, said it will not take a big first-quarter charge because, like most utility companies, it can try to recover the added costs from its customers through rate hikes.
I am sure the state with the highest unemployment in the country will LOVE having their energy rates increased to pay for medical costs!
I get it, health costs will go down because it will get subsidized by the taxes on energy! We can just rob Peter to pay Paul because Peter is too stupid to realize he got robbed.
The really good news in all that is we may get some more new jobs – the bill gives the IRS $1B a year to hire new employees to collect all of these new taxes – that is about 12,000 new jobs for the IRS! Obama has finally come up with a solution to unemployment – hire the entire US population so that no one is unemployed!
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Whatever you read today, spend 10 minutes and read this story of a concerned citizen calling his Congressman to try to influence his vote on the upcoming health care legislation. While the blogger tried to connect his congressman to Speaker Pelosi, I am not sure he effectively makes the case. What the story does point out is how little the comments and opinions of every day constituents affect the opinion of elected representatives.
I think that President Andrew Jackson is spinning in his grave.
I don’t know about you but I remember my federal government classes in high school (and grade school for that matter). I even remember a cute little commercial by School House Rocks talking about how a bill becomes a law. Under the U.S. Constitution a bill has to pass both the House and Senate to become law. Until this week, that is, when Speaker Nancy Pelosi is moving to merely “deem” that the House has passed the Senate health-care bill and then send it to President Barack Hussein Obama to sign anyway.
Under the “reconciliation” process, the House is supposed to approve the Senate’s Christmas Eve bill and then use “sidecar” amendments to fix the things it doesn’t like. Those amendments would then go to the Senate under rules that would let Democrats pass them while avoiding the ordinary 60-vote threshold for passing major legislation. This alone is an abuse of traditional Senate process but is not truly unconstitutional as it is only Senate “rules” and not constitutional law.
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