A Message From Lucianne  



Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google

Did the Obama administration
know Healthcare.gov would fail?

Daily Caller, by Brendan Bordelon

Original Article

Posted By:FlyRight, 10/19/2013 10:49:14 AM

The British multinational in charge of processing Obamacare paper applications received a hefty contract boost just days before Healthcare.gov’s disastrous roll-out, a sign that the Obama administration may have expected serious problems with the website.The Business of Federal Technology (FCW) reports that on Sept. 26, the Centers for Medicare and Medicaid Services (CMS) increased their planned payout to Serco’s U.S. subsidiary by 75 percent, adding an extra $87 million to the $114 million promised for processing initial Obamacare enrollment applications.The contract documents do not explain the last-minute infusion of federal dollars, and neither Serco nor CMS would disclose why the


Post Reply  

Reply 1 - Posted by: ruready?, 10/19/2013 10:56:00 AM     (No. 9572524)

This time.....This time the MSM,the spying of the NSA, Google and Yahoo and the secreted overseas donations are unable to rescue Obama.

What is more, Cruz made sure that the republicans emphatically did not want any part of Obamacare.

Whats a WON to do???

  Click Here if you Like this Comment

    54 persons like this.

Reply 2 - Posted by: GoodGrief, 10/19/2013 11:07:25 AM     (No. 9572542)

What the Obama administration does not know is a vast, vast, universe.

  Click Here if you Like this Comment

    68 persons like this.




Reply 3 - Posted by: lydwho, 10/19/2013 11:10:20 AM     (No. 9572545)

The naked truth:

The website has failed---

The entire Obamacare has failed--

And President Obama has failed---

And most of all the people who voted him in have failed!!!!!


  Click Here if you Like this Comment

    102 persons like this.

Reply 4 - Posted by: M2, 10/19/2013 11:14:48 AM     (No. 9572552)

The Daily Caller News Foundation previously reported that Serco, which stands to gain as much as $1.2 billion through a series of application-processing contracts with the Health and Human Services Department, is under investigation for serious fraud in its native United Kingdom.

So this White House hires a company with, to say the least, a dubious reputation, to fix something the White House broke? Well, color me aghast at such incompetence. In fact, color me purple with outrage over the rapidly-piling-up list of incompetent endeavors we taxpayers are paying for.

I do think O & Co. planned this to fail so that they could then scrap it and go directly for single-payer under the rubric of simplifying it "for the people".

What does Mr. Bordelon mean by asking if they knew it would fail? Of course they knew it. And if they didn´t, the stratospheric level of cognitive dissonance coming out of this White House is more than shocking. It´s criminal.

  Click Here if you Like this Comment

    55 persons like this.

Reply 5 - Posted by: el zopilote, 10/19/2013 11:14:58 AM     (No. 9572553)

My take is that Obama knows exactly what
he´s doing. He´s not incompetent at all,
he has Valerie Jarrett and David Axelrod
telling him what to do. Its part of the
overall scheme to bring collapse so
they and their Marxist collaborators
can rebuild the country the way they

We better hope that the Republicans keep
the House and hopefully win the Senate
or we will be, most assuredly, screwed.

  Click Here if you Like this Comment

    89 persons like this.

Reply 6 - Posted by: sal, 10/19/2013 11:26:42 AM     (No. 9572564)

7.3 percent unemployment in the US and no American jobs could be ´created or saved´? Hmmmmmm, mmmm, mmm.

  Click Here if you Like this Comment

    34 persons like this.

Reply 7 - Posted by: Chuzzles, 10/19/2013 11:31:01 AM     (No. 9572576)

The way things are going #2, I think it is more like a gigantic ´black hole´, the kind that sucks in and destroys everything in its wake.

Since mortals can´t control them, it will eventually suck its creator Obama in with the rest of us.

  Click Here if you Like this Comment

    42 persons like this.




Reply 8 - Posted by: Wetlandz, 10/19/2013 11:31:42 AM     (No. 9572578)

Do the LoFos know it failed? I don´t think so

  Click Here if you Like this Comment

    28 persons like this.

Reply 9 - Posted by: F16 guy, 10/19/2013 11:46:23 AM     (No. 9572605)

I believe it was, as is, designed to fail.

The long term goal is to offer a plan that´s hard to access, hard to enroll, and hard to maintain.

A "broken" system would then need a "fix," and the solution would HAVE to be SINGLE PAYER-a one-size-fits-all program requiring EVERYONE to sign up for government health care.

It´s a plan right out of RULES FOR RADICALS, and the Cloward-Piven strategy.

Mark my words !

  Click Here if you Like this Comment

    59 persons like this.

Reply 10 - Posted by: bighambone, 10/19/2013 12:17:42 PM     (No. 9572658)

The liberals and progressives have to break the US healthcare insurance system before they can fix it. At this stage of the game Obama is doing what he said he would do, redistributing taxpayer´s money to the "community" and at the same time is promulgating all sorts of rules and regulations designed to put the health care insurance companies out of business.

There will never be a government run single payer socialized health care system in the USA that "EVERYONE" must recive their health care through, as if such a system is ever established there will always be a first class private health care system for the elites and the rich and famous who can pay for their own health care, and that is going to include an awful lot of the liberals and progressives who were behind the socialized government run health care system for everyone else.

  Click Here if you Like this Comment

    32 persons like this.

Reply 11 - Posted by: PoliticalJunky, 10/19/2013 12:26:22 PM     (No. 9572674)

I am sure Obama never intended that the insurance companies get a fair shake. He may well have known it would be unworkable and that he could then claim single payer would cure it.

  Click Here if you Like this Comment

    57 persons like this.

Reply 12 - Posted by: stablemoney, 10/19/2013 12:51:08 PM     (No. 9572710)

Why would anyone that pays for their insurance not purchase one that meets their needs directly from an internet insurance company portal? Why purchase one with benefits required, but not needed, from a government exchange? That leaves only medicaid and pre-existing condition people on the government exchanges, who will get a subsidy.

  Click Here if you Like this Comment

    31 persons like this.




Reply 13 - Posted by: belwhatter, 10/19/2013 1:05:37 PM     (No. 9572730)

#4 speaks to SERCO - this indeed is a company of dubious reputation - their name has come up before in connection to Obama and ?Soros - must repeat research on them. Poster is also on point that this health insurance website was designed to fail to hasten single payer government controlled health services - don´t be fooled by pretty words - this is yet another disaster rolling over us.

  Click Here if you Like this Comment

    27 persons like this.

Reply 14 - Posted by: Attercliffe, 10/19/2013 1:11:23 PM     (No. 9572740)

Try checking out the reviews for Serco at GlassDoor.com (or any other company you want to check.). Order the review results by date so you can get the latest first. The following url should take you straight to the reviews by date:


Serco´s results are abysmal. Mr A says there´s a call center run by Serco not far from his office and the workers look "downtrodden," to say the least. They sit outside a lot, smoking cigarettes. When they go to or from the building, A says, they drag like they´re totally exhausted and depressed.

Read the locations of the 35 employees who gave their views, bearing in mind that for a good many English isn´t their first language. Seems like all the employees in India are working at call centers.

As for the techies who wrote reviews, Mr. A was employed by a local software company with very similar reviews. It almost killed him while he was trying to find another job to escape the toxic environment.

If this company´s workers are handling the call center part, it´s no wonder there´s such tangled chaos with the application process.

  Click Here if you Like this Comment

    26 persons like this.

Reply 15 - Posted by: 6079 Smith, W, 10/19/2013 1:18:47 PM     (No. 9572744)

More to the point, did they CARE? The obvious answer is a resounding "NO!".

  Click Here if you Like this Comment

    25 persons like this.

Reply 16 - Posted by: mossley, 10/19/2013 1:35:57 PM     (No. 9572762)

I think this is where Obama´s arrogance and narcissism is going to finally come back and bite him. He wanted this done and that´s all he cared about. He´s under the impression that if he wants something, he´ll get it. Reality is this was a foul up from early on. Nothing was done about it, because Obama wanted it, therefore it would appear. He lacks any executive experience or ability, so he cannot fix it.

As for the idea this was done deliberately to make single-payer come to be: some may have wanted that, but I think the reality is going to be that people are going to see how badly the government screwed this up, and will never agree to let them have more control.

  Click Here if you Like this Comment

    34 persons like this.

Reply 17 - Posted by: vikmac, 10/20/2013 12:01:18 AM     (No. 9573256)

With so many Americans out of work, why do we need to hire Canadians and Brits????

  Click Here if you Like this Comment

    31 persons like this.




Reply 18 - Posted by: steveW, 10/20/2013 2:00:51 AM     (No. 9573294)

I can´t tell if this is a documentary, or some kind of satire of sorts.. the part about "Democrat strategist" seems real enough.

  Click Here if you Like this Comment

    22 persons like this.

Reply 19 - Posted by: strike3, 10/20/2013 2:48:52 AM     (No. 9573320)

Did the Obama admin. know that the Chevy Volt would become the next Ford Edsel? Of course they did. That´s why they tried to smear Toyota and that´s why they forced the taxpayers to buy a fleet of junk for government workers, junk on which nobody but delusional college professors could possibly want to spend forty thousand dollars.

Green boondoggles and pipe dreams are barry Obama´s specialty. If obamacare had been successful, it would put little barry in the history books as the underclass hero who created universal health care. If it had failed, which it did, he could always blame it on the republicans, which he did.

  Click Here if you Like this Comment

    24 persons like this.

Reply 20 - Posted by: 4freedom, 10/20/2013 6:38:41 AM     (No. 9573368)

I´m sure they got some kind of plan cooked up to blame the Republicans.

  Click Here if you Like this Comment

    19 persons like this.

Reply 21 - Posted by: TakeBackAmerica, 10/20/2013 7:01:40 AM     (No. 9573377)

How about skipping ahead to the end game: One World Government, with Zippy in charge?

  Click Here if you Like this Comment

    16 persons like this.

Reply 22 - Posted by: pineledger, 10/20/2013 7:08:21 AM     (No. 9573383)

I´m not sure this administration knows anything other than how to screw us over.

  Click Here if you Like this Comment

    31 persons like this.



Reply 23 - Posted by: bpl40, 10/20/2013 7:44:01 AM     (No. 9573425)

I am beginning to suspect - just suspect that Ted Cruz might be crazy like a fox. The easiest course for 0bama to help his 2014 chances was to postpone the implementation in return for raising of the debt ceiling till 2015. Sen. Cruz might have goaded him and Jarrett into making it a prestige point and lock themselves into this disaster. Time will tell..

  Click Here if you Like this Comment

    26 persons like this.

Reply 24 - Posted by: stryker714, 10/20/2013 7:51:05 AM     (No. 9573431)

Gee I can´t wait to sign up and see what a sweet deal Dear Leader has ready for me. I hope the website is fixed by next year. Let´s make it a New Year´s wish! We don´t want to be in trouble with the IRS, lol.

Maybe if they just went to paper their troubles would be resolved. Then the Feds could award a ridiculous contract to a paper manufacturer and embezzle some more money. We could sign up at the post office or when we vote(while reality is fresh on their/our minds).

  Click Here if you Like this Comment

    35 persons like this.

Reply 25 - Posted by: uno, 10/20/2013 8:49:50 AM     (No. 9573508)

If I wanted America to fail, I wouldn´t change a thing.


  Click Here if you Like this Comment

    20 persons like this.

Reply 26 - Posted by: Hobbiest, 10/20/2013 8:55:20 AM     (No. 9573509)

I think it wold be hazardous for any messenger to deliver bad news to Obama and most of his political appointees. Therefore I think the answer to this question is No and Yes. The people at the top did not know because they chose to be willfully ignorant. The mid and upper level career people knew and generally kept their mouths shut as they considered other personal alternatives.

Note that applications by federal employees seeking retirement have skyrocketed on 2013. The smartest worker bees often leave sick organizations before most outsiders can see the rot.

  Click Here if you Like this Comment

    17 persons like this.

Reply 27 - Posted by: coyote, 10/20/2013 8:56:31 AM     (No. 9573511)

Obama is not a programmer or a information services administrator, so he would not, left to his own knowledge, understand that things were going bad. Still, there are plenty of persons in this program that have the necessary understanding to know that the software and computer systems would not function. He is responsible for this fiasco as the man in charge. The ACA is flawed not only in administration, it has economic flaws that will become apparent in the future.

  Click Here if you Like this Comment

    29 persons like this.

Reply 28 - Posted by: chicodon, 10/20/2013 9:02:03 AM     (No. 9573516)

Face it, Obama´s army can barely use a Smart Phone. The people who can use an online system want no part of Obamacare.

I´ve stated elsewhere that we are in the "freeloader" signup period. That requires face to face community organizers. They will fill out the forms, apply for subsidies and check the appropriate Democrat registration boxes. All the mark will have to do is to scribble their name at the bottom.

Al Capone wouldn´t have been so brazen.

  Click Here if you Like this Comment

    20 persons like this.

Reply 29 - Posted by: Arby, 10/20/2013 9:37:46 AM     (No. 9573560)

And the question is--did Fauxbama´s administration know that they were on a course to fail?

Yes, certainly.

Next question: Did they care?

No, of course not.

  Click Here if you Like this Comment

    27 persons like this.

Reply 30 - Posted by: Submariner, 10/20/2013 9:54:07 AM     (No. 9573589)

Many are saying that Obama and his adminisation know exactly what they are doing and this is part of some grand scheme to destroy the country. I disagree. This is exactly the behavior of people who associate only with those who are like minded - unchallenged and unprepared.

"Stupid" decisions are usually made under duress, and the Adminisation is in the middle of a forest fire of their naiive making,

There are two things that are dooming Obamacare: a systemic failure and a structural failure. Systemic: I have been in the Federal IT market since 1992 and have seen no small number of IT systems rolled out into abject failure. These are due to the nature of the Federal procurement process and to the unnatural measurement metrics of federal program offices. Structural: Obamacare is nothing more that the Ponzi scheme Social Security system made much more immediate. And obvious.

These are the schemes of people who´s ideas are unchallenged.

  Click Here if you Like this Comment

    37 persons like this.

Reply 31 - Posted by: papasparky, 10/20/2013 10:30:08 AM     (No. 9573638)

Obama failures are beginning to pile up like flakes in a Lake Erie snow storm, What´s next, a failure similar to the kind Wanda Sykes wished upon Rush Limbaugh?

  Click Here if you Like this Comment

    22 persons like this.

Reply 32 - Posted by: jlw509, 10/20/2013 10:35:34 AM     (No. 9573643)

Paying more and getting less while having no choice in the matter is "affordable"? And "reform"?

Only a certain caliber of mental incompetence can say that making things worse is an improvement.

But like the other astute L-dotters, I conclude that the Obamunists actually choreographed this entire stage full of collapsing dancers with broken legs, so they could "save us" with single-payer.

Which was the idea all along.

"Good news comrades, the monthly chocolate ration will be increased from 25 grams to 20 grams! Cheers to our glorious leader. "

  Click Here if you Like this Comment

    23 persons like this.

Reply 33 - Posted by: RancherJack, 10/20/2013 10:58:19 AM     (No. 9573690)

Hang on ..

.. a Canadian company screwed up the web-design and a British company handles the paperwork?


  Click Here if you Like this Comment

    28 persons like this.

Reply 34 - Posted by: Attercliffe, 10/20/2013 11:25:40 AM     (No. 9573769)

Doing a bit of research and it seems that there is a Serco North American subsidiary of the main company and its CEO is Ed Casey, who appears to be an American. Note the qualifiers. The way the material reads leads me to believe those responsible for the fiasco, debacle, disaster, fustercluck, call it what you want, are Americans.

Here´s a message from Casey: "Taking Pride in the Jobs We Do." Just a sec, have to clean the coffee off the screen. Okay, with a dry mouth and no more spurts of coffee, I give you the link to Ed Casey´s message:


Lots of info on this home site--go for it, see if you can find some more words of wisdom.

  Click Here if you Like this Comment

    20 persons like this.

Reply 35 - Posted by: Attercliffe, 10/20/2013 11:46:21 AM     (No. 9573811)

Correction: it´s not Serco´s home site because that´s listed under


Still good info, though--you´ll probably want to read both. Seems the company got going by buying RCA.

  Click Here if you Like this Comment

    32 persons like this.

Reply 36 - Posted by: starboard, 10/20/2013 12:07:23 PM     (No. 9573843)

Obama has been shooting from the hip since day one...with the help of the media. The stack of failed decisions have been accumulating, and the spinning has helped him skate thus far. However, the media will not be able to wash this one clean. Obamacare is exactly how Max Baucus described it will be... a train wreck. This is Obama´s equivalent to the Blue Dress.

The only thing Obama is good at is reading a devisive speech about the Tea Party or blaming Bush. That´s it. I don´t give him credit for much else. The word Amateur describes him perfectly.

  Click Here if you Like this Comment

    30 persons like this.

Reply 37 - Posted by: trapper, 10/20/2013 12:22:35 PM     (No. 9573867)

LOTS of money can be made from failure ... IF you know it´s coming ... or if you have actually arranged it.

I understand Meyer Wolfsheim was recently spotted exiting the White House.

  Click Here if you Like this Comment

    23 persons like this.

Reply 38 - Posted by: Elvira, 10/20/2013 12:45:12 PM     (No. 9573892)

#30 - I´m right there with you! Ever heard of RCAS?? Government had banks upon banks of AIDA coders writing scripts to creat what amounted to MS Office sitting on a Unix platform. We (the folks writing and illustrating the training) would go home and fire up Outlook to get in touch with others all the while shaking our heads at what we were creating at work. Oh, yeah, on top of that, the General´s Secretary had editorial control of the training text over the folks with Master´s Degrees in Instructional Design.

Don´t even get me started on this, with an Oracle DBA and years of software development with the gubment I could have developed, written, tested and deployed with a few colleagues in a miniscule amount of time and money.

  Click Here if you Like this Comment

    27 persons like this.

Reply 39 - Posted by: mamabear, 10/20/2013 12:50:03 PM     (No. 9573896)

#33 My thoughts exactly. What the heck is (really) going on here?????? :-(

  Click Here if you Like this Comment

    30 persons like this.

Reply 40 - Posted by: pickle1, 10/20/2013 1:01:12 PM     (No. 9573905)

I don´t really know if they knew it would fail this badly. There are just people who are totally incompetent.

  Click Here if you Like this Comment

    20 persons like this.

Reply 41 - Posted by: Rinktum, 10/20/2013 3:52:47 PM     (No. 9574113)

Vladimir Lennin said that socialized medicine is the keystone to a socialist state. Obama is trying his best to collapse the system and then come riding to the rescue with single payer. The rest of his socialist agenda will be a breeze after we realize we owe our very existence to the state.

  Click Here if you Like this Comment

    31 persons like this.

Reply 42 - Posted by: larryp, 10/20/2013 7:05:00 PM     (No. 9574291)

I think it is single-payer all the way. Vintage Cloward-Piven to slam the system with overload and crack it.
then people are supposed to holler "stop, we give up" fix the system any you want".
we are just flat out not going to have any health care available to us. Kiss yr HMO, doc, plan good bye.
If we are near a border ,there are going to have to be Healthcare ´Maquiladoras" where there are hosps and labs and nurses and PT and all US trained good ones. And if not near a border there are going to have to be Healthcare UnderGround Rairoads or Speak easys...do a clandestine subscription thing Or like script.

  Click Here if you Like this Comment

    32 persons like this.

Reply 43 - Posted by: Mother of AL, 10/20/2013 11:00:50 PM     (No. 9574523)

I have come to the conclusion that 0 is pushing all these failures on us t ush us to the point of revolt, then he will declare martial law, take our guns, and we are toast. But some will go out shooting.

  Click Here if you Like this Comment

    19 persons like this.

Reply 44 - Posted by: lana720, 10/21/2013 2:04:09 AM     (No. 9574640)

Anyone who visits a dot gov site is being data mined and tracked.
A bit off topic, as for Glenn Beck being prophetic on a lot of issues, he is. Deal with it. No wonder some people think he´s been marginalized.

  Click Here if you Like this Comment

    22 persons like this.

Post Reply   Close thread 756924

Below, you will find ...

Most Recent Articles posted by "FlyRight"


Most Active Articles (last 48 hours)

Most Recent Articles posted by "FlyRight"

Texas mag sues New York
Times over new hire
New York Post, by Keith Kelly    Original Article
Posted By: Flyright- 4/13/2014 7:56:57 AM     Post Reply
Hold on there, cowboy!Texas Monthly magazine sued the New York Times on Friday for poaching its editor. Jake Silverstein, who was hired away from the Emmis Communications title last month to become the new editor of the New York Times Magazine, was under contract at the regional monthly until the Times, “without legal justification or excuse,” caused him to breach that deal, the lawsuit claims. The six-page Texas state court action alleges that Times Executive Editor Jill Abramson started recruiting Silverstein in December 2012 — a full year before then-magazine editor Hugo Lindgren was ousted. Greg Loewen, president of

Al Sharpton Gets Testy With Lesley Stahl
When Asked About FBI Role In 2011
CBS News [New York], by Staff    Original Article
Posted By: Flyright- 4/12/2014 4:38:11 PM     Post Reply
New York - President Barack Obama is coming to New York City Friday to address the Rev. Al Sharpton‘s National Action Network.The visit comes days after revelations surfaced that Sharpton worked with the FBI. The topic also came up in a 2011 ’60 Minutes’ interview with Lesley Stahl weeks before the debut of “Politics Nation.”In outtakes posted from that interview, Stahl asked Sharpton if he was an FBI informant. The exchange got testy at times when Stahl continued to question Rev. Al about his “informant” role.Stahl: When you were in your 20s, you were an informant for the FBI.Sharpton: Sharpton: No, well it’s according to

‘Pollen vortex’ set to slam NYC
New York Post, by Natalie O´Neil    Original Article
Posted By: Flyright- 4/12/2014 11:11:47 AM     Post Reply
First came the “polar vortex” — now it’s the “pollen vortex.”Forced to lie dormant by the long, brutal winter, trees are now set to start reproducing like crazy — and create a massive amount of pollen that could wallop your sinuses this weekend. Pollen count in the Northeast will soar to “high levels” Saturday and Sunday, when warm temperatures will prompt plants to create the sniffle-inducing substance, reports Pollen.com, which offers allergy “forecasts.” In New York City, where the temps could hit 70 degrees Saturday, allergy symptoms will “become more severe,” the site says. April is generally the worst month of allergy season,

President Obama stands by Rev. Al Sharpton
while accusing Republicans of trying
to restrict the right to vote
New York Daily News, by Celeste Katz & Annie Karni    Original Article
Posted By: Flyright- 4/12/2014 7:02:39 AM     Post Reply
President Obama stood Friday with the Rev. Al Sharpton and accused Republicans of trying to keep millions of Americans from voting, in a fiery speech days after new revelations about Sharpton’s past as an FBI informant. “The right to vote is threatened today in a way that it has not been since the Voting Rights Act became law nearly five decades ago,” Obama told the annual convention of Sharpton’s National Action Network in Manhattan. Obama’s appearance represented a presidential seal of approval of Sharpton’s role as a civil rights activist, amid the new revelations about how Sharpton used a wire to record

Russia hid information from FBI on
Boston Marathon bomber: report
New York Daily News, by Bill Hutchinson    Original Article
Posted By: Flyright- 4/10/2014 6:52:37 AM     Post Reply
Two years before the Boston Marathon bombing, the Russian government concealed key information on one of the killers that might have thwarted the attack, a new report charges.Kremlin officials intercepted a phone conversation in which Tamerlan Tsarnaev discussed Islamic jihad with his mother, but they withheld the information from the FBI, according to the U.S. inspector general report that comes as the one-year anniversary of the bombing approaches. Had the FBI been privy to the red-flag phone call, it would have prompted the bureau to take an extensive look at Tsarnaev, according to The New York Times. “Had they known what the

Obama looks to close wage gap while
paying female staffers less than men
Daily Caller, by Caroline May    Original Article
Posted By: FlyRight- 4/7/2014 8:03:08 AM     Post Reply
President Barack Obama is planning to sign two new executive actions aimed at narrowing the wage gap between men and women Tuesday, even as the Obama White House pays its female staffers less than men.The first executive action will be an order banning federal contractors from retaliation against employees who disclose or ask about their wages, according to reports. His other executive action will require federal contractors to submit data to the government about their employees compensation by sex and race. On Tuesday — the day advocates have labelled “Equal Pay Day” to symbolize the amount of time women have to

Dark markets may be more harmful
than high-frequency trading
Reuters, by John McCrank    Original Article
Posted By: FlyRight- 4/7/2014 7:38:55 AM     Post Reply
Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to allegations in a book by financial author Michael Lewis, but there may be a more serious threat to investors: the increasing amount of trading that happens outside of exchanges.Some former regulators and academics say so much trading is now happening away from exchanges that publicly quoted prices for stocks on exchanges may no longer properly reflect where the market is. And this problem could cost investors far more money than any shenanigans related to high frequency trading. When the average investor, or even

Smoke Gets in Your Eyes
New York Post, by Editorial    Original Article
Posted By: FlyRight- 4/6/2014 8:50:41 AM     Post Reply
It’s good Gov. Cuomo understands New York has a problem with cigarette smuggling. Too bad he has yet to figure out what’s really driving the problem of illegal smokes: our high tobacco taxes.Just days after a key report found New York has the highest percentage of illegal cigarettes of any state, the governor announced the creation of a new “strike force” meant to crack down.Teams from 13 state, local and federal agencies, he said, are joining to stop “the influx of counterfeit and untaxed tobacco products into New York” and nab smugglers who “evade the law and rob the state

Obama’s empty boasts
New York Daily News, by Editorial    Original Article
Posted By: FlyRight- 4/6/2014 7:53:50 AM     Post Reply
After his health-care law surpassed the low-ball enrollment target of 7 million, President Obama staged a Rose Garden rally and zinged doubters: “Armageddon has not arrived.” At least he did not declare: “Mission Accomplished.”The country is years from knowing whether Obama’s overhaul of the health-care system fulfills the promise of delivering universal coverage.While large numbers of Americans have found the program very advantageous, including people who were formerly uninsured, many others have been forced to change plans or change doctors — contrary to Obama’s repeated promises.Obama tacitly admits the unintended consequences every time he waives a deadline or mandate in

´The debate over repealing this law is over´: Obama
boasts 7.1 MILLION have signed up to Obamacare
but study shows just 858,000 newly insured*
Daily Mail (UK), by DAVID MARTOSKO    Original Article
Posted By: FlyRight- 4/5/2014 7:49:46 AM     Post Reply
A triumphant President Barack Obama declared Tuesday his signature medical insurance overhaul a success, saying it has made America´s health care system ´a lot better´ in a Rose Garden press conference. But buried in the 7.1 million enrollments he announced in a heavily staged appearance is a more unsettling reality. Numbers from a RAND Corporation study that has been kept under wraps suggest that barely 858,000 previously uninsured Americans – nowhere near 7.1 million – have paid for new policies and joined the ranks of the insured by Monday night.

No Country For Young Men.
PJ Media, by Richard Fernandez    Original Article
Posted By: FlyRight- 4/4/2014 9:18:12 PM     Post Reply
The author of the Twilight of Abundance, David Archibald, sent an email a few days ago, saying “there is a whole new world coming.” Archibald, who’s an Australian, warns in his book that the world is running out of food, energy and security. Where he differs from Malthus, however, is in arguing that the shortages are the consequence of policy, rather than the inherent limitations of the universe. The world is doing everything it can to run in the opposite direction of abundance because we think we have too much. The West dreads warmer weather, even though warmer weather might

Clinton docs: Lewinsky,
speechwriting and race
Pollitico, by Josh Gerstein    Original Article
Posted By: FlyRight- 3/29/2014 3:26:29 PM     Post Reply
The Clinton Library took the wraps off another batch of White House documents Friday afternoon, offering new insights into how aides scrambled to address the Monica Lewinsky scandal, how the hot-button issue of race tied the White House staff up in knots and how former President Bill Clinton cast a wide net for advice in advance of his major speeches.The new set of Clinton documents make little mention of then-first lady Hillary Clinton, and so are unlikely to have a major political impact. However, many of the memos were written by or mention aides to Bill Clinton who now hold

Most Active Articles (last 48 hours)

Ben Carson: White House wanted
apology for ‘offending’ Obama

54 replie(s)
Daily Caller, by Alex Pappas    Original Article
Posted By: StormCnter- 4/15/2014 5:22:51 AM     Post Reply
Neurosurgeon Ben Carson says the White House wanted him to apologize for “offending” President Obama after he famously delivered a conservative message at the National Prayer Breakfast last year. Carson, the former director of pediatric neurosurgery at Johns Hopkins Hospital, recalls the events surrounding his 2013 speech in his new book, One Nation: What We Can All Do To Save America’s Future. The Daily Caller obtained an advance copy of the book, which is set for release May 20. “He did not appear to be hostile or angry,” Carson writes of Obama, “but within a matter of minutes after the conclusion of

Obama Generation Losing
Interest in Obama

46 replie(s)
Wall Street Journal, by James Freeman    Original Article
Posted By: Desert Fox- 4/14/2014 4:23:09 PM     Post Reply
President Obama inspired a generation of young people to support his historic election in 2008. And in 2012, despite the struggles of his first term, Mr. Obama still managed to win the support of a full 60% of voters age 18-29. But the man who once dreamed of being a transformative leader in the Reagan mold is inspiring few of those young people to follow his lead. "For all the talk about the movement that elected Mr. Obama, the more notable movement of Obama supporters has been away from politics. It appears that few of the young people who voted

Megyn Kelly and the
Sandberg Head Shaker

46 replie(s)
American Thinker, by Richard F. Miniter    Original Article
Posted By: magnante- 4/15/2014 9:16:05 AM     Post Reply
Megyn Kelly’s "Kelly File" is a great news show. She’s incisive, informed and customarily handles the toughest guest with aplomb. But her lengthy interview of Facebook C.O.O. Sheryl Sandberg about her second book in the Lean In series Lean In: For Graduates was a head shaker. Amazing that she of all people allowed Sandberg to restring the same old, same old, shamed, and shopworn feminist myths about women and girls and then jangle it in front of her viewing audience like something new out of the box. Indeed Kelly all but genuflected in front of this woman. Kept her on thru

Why You Should Be Sympathetic
Toward Cliven Bundy

44 replie(s)
Powerline, by John Hinderaker    Original Article
Posted By: Toledo- 4/15/2014 8:40:58 AM     Post Reply
On Saturday, I wrote about the standoff at Bundy Ranch. That post drew a remarkable amount of traffic, even though, as I wrote then, I had not quite decided what to make of the story. Since then, I have continued to study the facts and have drawn some conclusions. Here they are. First, it must be admitted that legally, Bundy doesn’t have a leg to stand on. The Bureau of Land Management has been charging him grazing fees since the early 1990s, which he has refused to pay. Further, BLM has issued orders limiting the area on which Bundy’s cows can

Glaring limits of the Civil Rights
Act: We need to redistribute wealth

34 replie(s)
Salon Magazine, by Matt Bruenig    Original Article
Posted By: KarenJ1- 4/14/2014 7:20:41 PM     Post Reply
Although the Civil Rights Act, the landmark legislation which just reached its 50th anniversary, made great strides in desegregating the economy, economic discrimination is still widespread, and anti-discrimination legislation alone can never rectify the economic damage inflicted upon blacks by slavery and our Jim Crow apartheid regime. The Civil Rights Act was a mild reform, all things considered, but one conservatives fought with vigor and one many conservatives are still bitter about to this day. When the Civil Rights Act passed in 1964, the primary purpose was to root out discrimination in public accommodations (like hotels and movie theaters)

Biden Tells Boston Bombing
Survivors, ´It Was Worth It´ (Video)

34 replie(s)
Breitbart´s Instablog, by Debra Heine    Original Article
Posted By: KarenJ1- 4/15/2014 9:28:18 PM     Post Reply
Less than a minute into his speech at the Boston marathon bombing memorial on Tuesday, Vice President Joe Biden went tragically off script and told the crowd of Boston bombing survivors that "it was worth it." After expressing how impressed he was with the tribute, he said somberly, "let me say to those ´quote survivors,´ my God, you have survived and you have soared. It was worth it. I mean this sincerely - just to hear each of you speak. You´re truly, truly inspiring." The audience sat in stunned silence until Biden declared, "I´ve never heard anything so beautiful than

White babies just 15 months old show racial
bias when picking playmates, study found

34 replie(s)
Daily Mail (U.K.), by Staff    Original Article
Posted By: Desert Fox- 4/15/2014 10:23:35 PM     Post Reply
Toddlers show racial bias when picking playmates, a study reveals. They also take account of how fairly others behave. Researchers tested the reaction of white 15-month-olds as toys were distributed. Two white adults divided the toys, one equally and the other unequally. Seventy per cent of the toddlers chose to play with the researcher who distributed the toys fairly. But in a second test, when one researcher favoured a white recipient over an Asian one, they picked the ‘fair’ researcher less often, the journal Frontiers in Psychology reports. And the babies are more likely to help those who share the same ethnicity, which is known as

Casual marijuana use linked with
brain abnormalities, study finds

32 replie(s)
Fox News, by Loren Grush    Original Article
Posted By: KarenJ1- 4/15/2014 6:12:53 PM     Post Reply
Casual marijuana use may come with some not-so-casual side effects. For the first time ever, researchers at Northwestern University have analyzed the relationship between casual use of marijuana and brain changes – and found that young adults who used cannabis just once or twice a week showed significant abnormalities in two important brain structures. The study’s findings, to be published Wednesday in the Journal of Neuroscience, are similar to those of past research linking chronic, long-term marijuana use with mental illness and changes in brain development. Dr. Hans Breiter, co-senior study author, said he was inspired to look at the effects of casual

Which Actor Portrays The
Best James Bond?

32 replie(s)
American Spectator, by Jonah Goldberg and Taki Theodoracopulos    Original Article
Posted By: Drive- 4/16/2014 11:20:22 AM     Post Reply
Look, everyone loves Sean Connery, particularly Sean Connery. That’s why he plays Sean Connery in every movie he’s in. People love that Scottish brogue so much, they don’t mind that he has it when he plays Juan Sánchez Villa-Lobos Ramírez, an immortal Spaniard in Highlander. The guy even won an Oscar for playing an Irish cop with a Scottish accent. Talk about sexist double standards: Meryl Streep has to master foreign dialects to get her golden statuettes. Connery just has to show up on time. In economics you devalue a currency by printing too much of it. In film you

Atlanta Braves flooded with Hank
Aaron hate mail: He’s a ‘s*****g’

31 replie(s)
Washington Times (D.C.), by Cheryl K. Chumley    Original Article
Posted By: JoniTx- 4/15/2014 3:23:19 PM     Post Reply
Hank Aaron’s recent comments about the need for America to realize that racism is still very much alive and thriving — only now due to those who wear “neckties and starched shirts” rather than KKK hoods — has sparked an angry backlash and many fans are turning the tables, calling the baseball legend himself a racist. “Hank Aaron is a s*****g piece of [expletive] [racial slur],” one man said in an email to the Atlanta Braves’ front office, one of the teams Mr. Aaron used to play for, CBS News reported. “My old man instilled in my mind from a

White is not right: Campus admins ask
for help weeding out white people

31 replie(s)
Daily Caller, by Robby Soave    Original Article
Posted By: KarenJ1- 4/15/2014 7:47:18 PM     Post Reply
Western Washington University sent a questionnaire to students asking them for advice on how the administration could succeed at making sure that in future years, “we are not as white as we are today.” The question notes that WWU’s racial make up does not perfectly reflect the nation at large, and asks students to consider strategies that other universities have used to focus on skin color as the paramount indicator of a student-applicant’s worth. The president of WWU has stated that his explicit goal is to reduce the white population on campus, according to Campus Reform. “I’ve said before and I’ll say it

If a nuclear bomb exploded in downtown
Washington, what should you do?

30 replie(s)
The Week, by Marc Ambinder    Original Article
Posted By: MissMolly- 4/15/2014 4:51:46 AM     Post Reply
Funny question in the headline, yes? But since President Obama worries more about the threat of terrorists´ improvised nuclear device going off in a major American city than anything Russia can throw at us, I was wondering if the government had deigned to share with us citizens any tips for, you know, surviving something their own intelligence points to as the likeliest unlikely Black Swan event. Well, no. And yes. No — very few people in Washington, D.C., who work for the government have any idea what they would do if a 10-kiloton nuclear device exploded at the intersection of 16th and K

Post Reply   Close thread 756924

Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google

© 2014 Lucianne.com Media Inc.