Money and Politics

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YouTube – RIOT AT SEARCHLIGHT TEA PARTY!.

Drudge may not report it, but the healthcare bill passing has put the president on the upswing, Democrats lead Republicans in the Gallup poll, the negatives of the healthcare bill are starting to recede, independents are alienated by right-wing extremism, the jobs picture I predict will soon brighten, and the Democratic base is finally being motivated.

via Matt Drudge and the Republican delusion – The Hill’s Pundits Blog.

• RT Money and Politics | Blog | YouTube – COUNT THE LIES: OBAMA VOWED 8 X TO TELEVISE HEALTHCARE http://rt.nu/_wt9jsox #

YouTube – Mark Levin puts Michelle Obama in her place.

The telecommunications giant AT&T said on Friday that it would take a $1 billion noncash accounting charge in the first quarter because of the health care overhaul and might cut benefits it offers.

The charge is the largest disclosed so far. Earlier this week, the AK Steel Corporation, Caterpillar, Deere & Company and Valero Energy announced similar accounting charges, saying the health care law that President Obama signed Tuesday would raise their expenses. On Friday, the 3M Company said it would take a charge of $85 million to $90 million.

All five are smaller than AT&T, and their combined charges are less than half of the $1 billion that AT&T is planning. The $1 billion is a third of AT&T’s most recent quarterly profit. In the fourth quarter of 2009, the company earned $3 billion on revenue of $30.9 billion.

AT&T said Friday that the charge reflected changes to how Medicare subsidies are taxed. Companies say the health care overhaul will require them to start paying taxes next year on a subsidy they receive for retiree drug coverage.

via AT and ampT Plans $1 Billion Charge for Health Care – NYTimes.com.

YouTube – Obama’s Jaw-dropping “Cadillac Plan” Tax Lie.

YouTube – COUNT THE LIES: OBAMA VOWED 8 X TO TELEVISE HEALTHCARE.

The Senate defeated three separate amendments offered to the health-care reconciliation bill on Wednesday night that would have abolished or limited the impact of a new tax on medical devices—including prosthetics, such as artificial limbs—that was enacted in the new health-care law President Barack Obama signed on Tuesday.

One of those bills would have completely repealed the new tax, another would have exempted those in veteran's health programs and members of TRICARE (the government insurance plan for military personnel, veterans and their families) from its impact, and a third would have exempted children and the disabled, including disabled veterans.

via CNSNews.com – Senate Refuses to Exempt Veterans from Health Bill’s New Tax on Prosthetics and Other Medical Devices; Also Refuses to Exempt the Disabled and Children.

As Robert Tracinski explained eight months ago, once you take away the industry’s right to decline a particular risk, you’re no longer talking about insurance. You’re talking about welfare.

via Hot Air » Blog Archive » Max Baucus: ObamaCare will help correct the “maldistribution” of income.