The Democrat Senate Caucus agreed last night to drop the public option from the proposed Health Care Bill. The president promptly called for a special meeting today with Congressional leaders to discuss the Bill. The President is adamant that he wants his Bill before Christmas.
COMMENTS:
As Obama would say: “We’ll take what we can get now and we’ll come back and get the rest later.” This move is more smoke and mirrors. The public option is not the only drastic thing wrong with this Bill. Why are we not capping malpractice awards? What about the price of medicine? What about illegal aliens? What about the provision for senior death counseling? They are all acting like the rest is a done deal and we’ll be happy with it. I’ve got news for them; it’s still the worst piece of legislation ever to be considered.
TODAY’S QUERIES & ANSWERS:
Q. Why is Obama threatening our banks? If we don’t want their damned loans, can they force them down our throats? (Madeline – Fair Oaks, CA)
A. One would be foolish not to try and obtain or increase a credit line in these times. To use it, however, would be senseless for at least the next 12 months. There are ominous signs that the economy could tank again during the first quarter of 2010 and that it could be worse than the mess we’ve been in.
Q. What would happen if the U.S. defaulted on its debts? (Fallon – Bend, OR)
A. We’d all be speaking Chinese. Seriously, default is a realistic possibility; our economy cannot, I repeat…cannot… take on any more financial burdens. If we default, we will probably first get an extension for payment providing we pay some kind of penalty. But, we will not be able to borrow any more and the stock market will plummet. The government will finally be forced to cut expenses drastically, meaning cutting programs and laying off tens of thousands of employees. Aid to other countries would also be a casualty and such a default could ultimately lead to a global depression beyond anyone’s comprehension.
Q. Will unemployment start to go away now? (Mindy – Calhoun, GA)
A. Since these guys seem to manufacture figures and statistics out of thin air on any given subject, they may be telling us that for the next two or three months. There has been some additional seasonal hiring for the holidays and the government itself will be hiring thousands of temporary census takers, so they will count those as people being fully employed. But, after the brief relief, look for unemployment filings to go up again.
TODAY’S QUOTE:
“If you must break the law, do it to seize power. In all other cases observe it.” ~ Julius Caesar
(As told to Obama, Reid and Pelosi over a beer on the White House lawn?)
TODAY’S VIDEO:
http://www.youtube.com/watch?v=6mvFspqtGR4
THE OBAMA TERRORIST TRIALS - DAY 32:
Bankers who fail to make loans immediately will also be tried with the five terrorists in New York City.
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