Flg away.
And I did answer, but it went elsewhere.
Read the Article at HuffingtonPost
Pity Wall Street's bankers. Once the highest-paid bosses in the land, they are now also-rans. The real money is in healthcare and drugs, according to the latest survey of executive pay. One example is Joel Gemunder, CEO Omnicare, who had a total pay package in 2010 worth $98 million.Then there are the shareholders.
there is no public option because Obama gave up on that without a fight in a futile effort to appease the GOP.==========================
Pity WallStreet's bankers. Once the highest-paid bosses in the land, they are now also-rans. The real money's in healthcare and drugs, according to the latest survey of executive pay. One example is JoelGemunder, CEO Omnicare, who had a total pay package in 2010 worth $98 million.
Dr. MarciaAngell, a proponent of single payer universal health care, testifying before Congress as to the reason the system is in such a shambles:
"It's set up to generate profits NOT to provide care. To pay for care, we rely on hundreds of investor-owned insurance companies that profit by refusing coverage to the sickest patients and limiting services to the others. They cream roughly 20% off the top of the premium dollar for profits and overhead. Our method of delivering care's no better than our method of paying for it. We provide much of the care in investor-owned health facilities that profit by providing too many services for the well-insured and too few for those who cannot pay. Most doctors are paid fee-for-service which gives them a similar incentive to focus on profitable services, particularly specialists, who receive very high fees for expensive tests and procedures. In sum, healthcare's for maximizing income and not maximizing health..."
And ACA does nothing to change that.
Most Obama supporters voted for him because of the free stuff he was giving away at tax payer expense, they could care less about the deficit or anything else..
People who watch no news at all can answer more questions about international current events than people who watch Fox News, PublicMind finds.
NPR and Sunday morning political talk shows are the most informative news outlets, while exposure to partisan sources, such as Fox News and MSNBC, has a negative impact on people’s current events knowledge.
People who watch MSNBC and CNN exclusively can answer more questions about domestic events than people who watch no news at all. People who only watch Fox did much worse. NPR listeners answered more questions correctly than people in any other category.
SURVEY QUESTIONS:
• To the best of your knowledge, have the opposition groups protesting in Egypt been successful in removing Hosni Mubarak?
• How about the opposition groups in Syria? Have they been successful in removing Bashar al-Assad?
• Some countries in Europe are deeply in debt, and have had to be bailed out by other countries. To the best of your knowledge, which country has had to spend the most money to bail out European countries?
• There have been increasing talks about economic sanctions against Iran. What are these sanctions supposed to do?
• Which party has the most seats in the House of Representatives right now?
• In December, House Republicans agreed to a short-term extension of a payroll tax cut, but only if President Obama agreed to do what?
• It took a long time to get the final results of the Iowa caucuses for Republican candidates. In the end, who was declared the winner?
• How about the New Hampshire Primary? Which Republican won that race?
• According to official figures, about what percentage of Americans are currently unemployed?
Thanks. That's a lot to digest.
It will be up to someone other president to get that passed. And I know Obama isn't perfect. But he's better than Bush, and certainly Romney. And I know Obama isn't perfect. But he's better than Bush, and certainly Romney.====================================
He NEVER would have gotten a "single payer" plan passed.
Pity Wall Street's bankers. Once the highest-paid bosses in the land, they are now also-rans. The real money is in healthcare and drugs, according to the latest survey of executive pay. One example is Joel Gemunder, CEO Omnicare, who had a total pay package in 2010 worth $98 million.
The "fiscal cliff" legislation passed this week included $76 billion in special-interest tax credits for the likes of GeneralElectric, Hollywood and even CaptainMorgan. But these subsidies weren't the fruit of eleventh-hour lobbying conducted on the cliff's edge -- they were crafted back in August in a Senate committee, and they sat dormant until the White House reportedly insisted on them this week.
The Family and Business Tax Cut Certainty Act of 2012, which passed through the Senate Finance Committee in August, was copied and pasted into the fiscal cliff legislation, yielding a victory for biotech companies, wind-turbine-makers, biodiesel producers, film studios -- and their lobbyists. So, if you're wondering how algae subsidies became part of a must-pass package to avert the dreaded fiscal cliff, credit the Biotechnology Industry Organization's lobbying last summer.
Some tax lobbyists mostly ignored the August bill "because they thought it would be just a political document," one K Streeter told me. "They were the ones that got bit in the butt."
Here's what happened: In late July, FinanceChairman MaxBaucus announced the committee would soon convene to craft a bill extending many expiring tax credits. This attracted lobbyists like a raw steak attracts wolves.
Former Sens. JohnBreaux, D-La., and TrentLott, R-Miss., a pair of rainmaker lobbyists, pleaded for extensions on behalf of a powerful lineup of clients.
GeneralElectric and Citigroup, for instance, hired Breaux and Lott to extend a tax provision that allows multinational corporations to defer U.S. taxes by moving profits into offshore financial subsidiaries. This provision -- known as the "active financing exception" -- is the main tool GE uses to avoid nearly all US corporate income tax.
Liquor giant Diageo also retained Breaux and Lott to win extensions on two provisions benefitting rum-making in PuertoRico.
The K Street firm CapitolTaxPartners, led by TreasuryDepartment alumni from the ClintonAdministration, represented an even more impressive list of tax clients, who paid CTP more than $1.68 million in the third quarter.
Besides financial clients like Citi, GoldmanSachs and MorganStanley, CTP represented green energy companies like GE and the AmericanWindEnergyAssociation. These companies won extension and expansion of the production tax credit for wind energy.
Hollywood hired CTP, too: TheMotionPictureAssociation of America won an extension on tax credits for film production.
After packing 50 tax credit extensions into the bill, the committee voted 19 to 5 to pass it. But then it stalled. The Senate left for the conventions and the fall campaign. Meanwhile, House Republicans signaled resistance to some of the extensions -- especially for green energy.
KEEP READING
http://washingtonexaminer.com/tim-carney-how-corporate-tax-credits-got-in-the-cliff-deal/article/2517397#.UOUVk2iFGH_
“The fiscal cliff deal, approved by Congress on New Year’s Day, eliminates most of the more than $1.4 billion in remaining funding from the federal health law for new nonprofit, customer-owned health plans designed to compete against the major for-profit insurers,” reports MedPage Today.
The withdrawal comes after a two-year period in which nearly $2 billion in loans were approved for 24 proposed state co-ops. Those loans will escape the cut, but no new loans can be approved for any additional co-ops.
“We were blindsided by the elimination of funds,” said John Morrison, president of the National Alliance of State Health Cooperatives. “The health insurance industry is getting its way here by torpedoing co-ops in the 26 remaining states. This is not about budgets; it is about those health insurance giants killing competition at the expense of millions of Americans who will pay higher premiums because of it.”
By signing the so-called fiscal cliff deal, it appears that President Obama knowingly “torpedoed” part of his own hard-fought health care law. Initially, the 2010 Affordable Care Act allocated $6 billion to help start co-ops and meet state insurance solvency requirements. “In 2011,” MedPage Today reports, “Congress reduced that funding to $3.4 billion as part of broader budget cuts.”
In exchange for keeping at least a 90 percent occupancy rate, the private prison company Corrections Corporation of America (CCA) has sent a letter to 48 states offering to manage their prisons for the low price of $250 million per year, according to a letter obtained by the Huffington Post
The company says it’s a way for states to help manage their current budget crisis. “We believe this comes at a timely and helpful juncture and hope you will share our belief in the benefits of the purchase-and-manage model,” CCA chief corrections officer Harley Lappin said in the letter.
But reports indicate that private prisons do not actually save states money, since the average inmate costing more than in public prisons. Worse yet, for-profit prisons have been accused of heightened levels of violence toward prisoners and have limited incentives to reduce future crimes by current inmates, through education and training programs, counseling or drug and alcohol rehabilitation, according to a report from the American Civil Liberties Union.
Last year, the CCA became the first for-profit prison company to buy outright a state-owned prison, under the auspices of the Administration of Ohio Governor John Kasich (R).
"It becomes a self-fulfilling prophecy," Shakyra Diaz, policy director of the American Civil Liberties Union of Ohio, tells HuffPo. "In order to have it at 90 percent, you need to be able to make criminals to fill it at 90 percent." Diaz can relate better than most — Ohio sold off a prison to the CCA last year after learning that they stood to save $3 million each year through the transaction. Other Buckeye State institutions have since followed suit, and one prison put itself on the market last year only for the CCA to swoop it up for $72.7 million.KEEP READING
Of course, that doesn’t mean that the 48 states the CCA is appealing to right now have immigration laws that will ensure that the prisons will stay packed. That’s where the Corrections Corp. notes an eligibility factor for facilities that might be interested in selling. In order to be considered for purchase, the prisons approached by the CCA must be able to house no fewer than 1,000 inmates, while also guaranteeing that the facility will stay at a minimum of 90 percent of capacity during the length of their contract.
It’s the privatization of America’s prison system and with it comes an almost guaranteed promise of putting more citizens behind bars. As states fall on hard times, an offer of millions might seem like an easy sell to many, as evident by the list of facilities that have already followed through with the decision. In the end though, the payoff that goes to a billion-dollar private business comes at a cost to civil liberties of the rest of America, as citizens become less of a voice of the state and more a profitable hot commodity.
The privatization of America’s prison system is well on its way to complete.
Corrections Corporation of America, the largest operator of for-profit prisons in the US, is appealing to 48 states across the country with an offer to buy out their detention facilities.
The Huffington Post has obtained a letter sent out by Corrections Corporation of America Chief Corrections Officer Harley G. Lappin, in which he explains to state officials across the country the benefits of being bought out. According to Lappin, the CCA has earmarked $250 million for purchasing and managing government-owned corrections facilities, and describes the effort as an “opportunity for federal, state or local government that are considering the benefits of partnership corrections.”
Founded in the early 1980s, the CCA currently manages over 60 correctional facilities across the US. With profits skyrocketing for the private company in recent years — while states are continuously stuck the red — they are insisting to these governments that selling off their cells would be beneficial to both.
The CCA says that by selling off prisons, state governments can remediate the “challenging corrections budgets.”While it could come as a saving grace for taxpayers, it also conjured up questions over the motives of a for-profit corporation that makes bank off of putting men and women behind bars.
While seeing their revenues increase quintuple over the last 20 years, the CCA has used those profits for more than just maintaining prisons. For one thing, they’ve forked over a fair share on lobbying Congress. While netting $133 million in income between 2006 and 2008, the CCA spent nearly $3 million lobbying; during that decade, the number of dollars spent in Washington amounted to around $17.6 million.
And what were they asking for? Stricter laws that will see to it that their prison cells are more easily stocked.
Corrections Corporation of America officers have been linked to the American Legislative Exchange Council, or ALEC, which has in turn lobbied for increased sentencing for inmates convicted of non-violent crimes across the country and helped pass the controversial immigration law in Arizona. Corrections Corp. themselves have lobbied for Arizona's Senate Bill 1070, and the reasoning is simple: an more stringent immigrant laws means more arrests and, thus, more jam-packed for-profit prisons.
In 2009 reports obtained by National Public Radio, the CCA wrote that they expected “a significant portion of our revenues" from the Immigration and Customs Enforcement agency. According to BloombergBusinessWeek, the Immigration and Customs Enforcement pays around $90 every day for each detainee that their work helps land behind bars.
I often try to figure out ways to convince people that private prisons are not in the best interest of anyone but executives of private prison companies. There are plenty of others out there like myself, trying to work with elected officials and concerned citizens to convince our legislators that continually giving billions of dollars to an industry whose very survival depends on locking up an ever-increasing segment of our population is morally reprehensible, and bad business to boot. But unfortunately, much of that activism seems for naught, as the anti-privatization movement's resources and political relationships pale in comparison to the influence built up by the privateers.
Take for example BroderickJohnson, lobbyist extraordinaire who was paid more than $1 million to lobby to get TARP passed on behalf of the major financial institutions that destroyed our economy. He's also worked for such socially conscious organizations as TalxCorp (which helps employers challenge unemployment claims), Comcast, and the GEO Group. Johnson also happens to be a senior adviser to Obama, whose immigration policies have been, if not an expansion, at least the continuation of the compassionate and sensible policies of his esteemed predecessor.
So Obama's got a former GEO Group lobbyist working as a senior adviser. He also appointed a former employee of the GEO Group and CCA, Stacia Hylton, as director of the US Marshal's Service, a federal agency in control of millions of dollars worth of private prison contracts. So it should come as no surprise that the GEO Group was awarded a contract in excess of $235 million to house immigration detainees, despite decades of evidence proving the company can't operate a prison efficiently and that it seems incapable of treating its wards with basic human decency.
One lobbyist said he didn't worry too much about the Baucus bill because "we knew the House wasn't going to pass it." But another lobbyist, who had worked on the PuertoRico issues, said he saw Baucus' bill as an important starting point that "set the parameters" of a future fight with HouseRepublicans.
But there never was a fight. Baucus' bill sat ignored until last week, when the WhiteHouse sat down with Senate Republicans to craft a deal averting the fiscal cliff.
A RepublicanSenate aide familiar with the cliff negotiations tells me the WhiteHouse wanted permanent extensions of a whole slew of corporate tax credits. When SenateRepublicans said no, "the WhiteHouse insisted that the exact language" of the Baucus bill be included in the fiscal cliff deal. "They were absolutely insistent," another aide tells me.
Sure enough, Title II of the fiscal cliff legislation is nearly a word-for-word replication of the Family and Business TaxCutCertaintyAct of 2012.
So, this wasn't a case of lobbyists sneaking provisions into a huge package at the last minute. That probably wouldn't have been possible, many lobbyists told me Wednesday, because the workload in the past two weeks was too large and the political stakes were too high.
One lobbyist who worked on the bill over the summer said he would never ask a member " 'Hey, can you do this for a client,' when their political lives are on the line."
"The legislators and the staff go underground when things get so intense," another Hill staffer-turned-lobbyist told me. "Nobody has time for a meeting. Nobody wants to talk about what's going on. ... The key is to plant the seed months in advance."
GE, GoldmanSachs, Diageo -- they planted their seeds over the summer. They'll enjoy the fruit in the new year.