Daily Archives: March 16, 2010

Obama: Premiums Could Fall by 3,000 Per Cent

Was he reading this off of his teleprompter?

In Ohio, Barack Obama pushing his socialist healthcare takeover claimed, “your employer it’s estimated would see premiums fall by as much as 3,000 percent, which means they could give you a raise.”

3,000 per cent? I wonder if that will be in all 57 states?

WhiteHouse.gov

From AmericanThinker.com, “Monday in Strongsville, Ohio, President Obama said that ObamaCare will reduce health insurance premiums by “3,000 percent.” Considering that a 50 percent decrease in premiums would mean that we’d be paying half as much as we now pay for health insurance and that a 100 percent decrease in premiums would mean that we’d be paying nothing for health insurance, President Obama is telling us that insurance companies will actually start paying us money to keep our health insurance.”

3,000 Per Cent?

Say anything, no matter how unbelievable?

Tell ’em where you saw it. Http://www.victoriataft.com

Fire Sale at the John Ross; Rest of So Wa to Follow?

 I was driving into town from Macadam yesterday and couldn’t help but notice the big signs saying that 50 Luxury Condos were being auctioned off at the John Ross! (See their Press Release after the jump). Wow, how the mighty have fallen.

The Condo glut was aided and abetted by the City of Portland, OHSU, Homer Williams and the rest of the cast of characters who got what they wanted out of the deal and then left or stayed employed by the city and papered over excesses, lied about things such as the cost of parking spaces, “open” spaces, parks, and street cars.
Wow! Look at those fees! Gadszooks! 


Taxpayers will be on the hook for the costs of this unnecessary and costly infrastructure maintenance for years to come. The tram has become a white elephant and a symbol of hackneyed civic excess.
The people of Lair Hill, whose views were obstructed by these gangling towers and whose homes sit dead below the dangling tram were dumped on by the City in the name of fulfilling its destiny as a biotech hub.
The active citizens who opposed this imposition were derided as a bunch of Nimbys; the experts who foretold the Himalayan like climb confronting a future bio tech industry in Portland were dismissed as buzz kills and all were, in the end, right,  of course. But the government “knew” better. City officials, including Sam, Vera, Randy, Dan, Erik, the PDC and their favorite developer, city mascot Homer Williams, believed their business acumen made them qualified to choose winners and losers in the bio tech and housing marketplace. They were wrong of course.
They built hundreds of condos without adequate roads to get people in and out, putting vast millions of our tax dollars into street cars and trams that only a small fraction of people will ever use. The bio tech industry has stayed in the places where it was always big: La Jolla, Boston, Florida—not Portland. Private land owners were “encouraged” to “give” their land away to the City when it became obvious that the City wouldn’t grant permits for them to develop their own property,  citing phantom future light rail stations as one of  the culprits. Property takings by the City may be nearly impossible to calculate.

Portland took a flyer with our money. We all lost. I wonder who will be able to afford these condos—even at fire sale prices. We know the developers are taking a bath (here).

PORTLAND, OR. – Sunday, April 11th will be an exceptional opportunity for the Portland real estate market as Kennedy Wilson and Realty Trust team to auction off 50 luxury condominium homes at John Ross. Sleek and stylish, John Ross is one of the architectural highlights of Portland‘s desirable South Waterfront neighborhood and low starting bids at the auction are giving hope to homebuyers who have felt shut out of this appealing urban oasis.
Minimum Selling Prices for the homes at John Ross will be as low as $110,000 on 44 luxury condominiums previously priced from $184,000 to $549,000. Also included in the auction are six exquisite penthouses previously priced from $579,000 to $1,149,000. Minimum Selling Prices for these spectacular penthouse units start at just $290,000.

Tell ’em where you saw it. Http://www.victoriataft.com

Call Baird, Blumenauer, Schrader and Wu and Make Them Declare Their Votes on Health Care

Rally outside Baird’s Vancouver office from 4-6pm this afternoon. Info after the jump. Missive from Oregon GOP on excuses Schrader made to constituents last time. Promises under which he would not vote for the bill again. Will he break his promise? Info after the jump.

BAIRD’S OFFICE LOCATION FOR RALLY 
O.O. Howard House
750 Anderson Street, Suite B
Vancouver, WA 98661
Phone: (360) 695-6292
Fax: (360) 695-6197
Google Map Link

Call Congressman Schrader to remind him of his promise…
Schrader Said: If Certain Aspects of the Original House Bill
Are Not Included In The Final Bill, Then I’m Voting No

Dear Friends,
Last November, Rep. Kurt Schrader was one of the final people who decided to vote for Speaker Nancy Pelosi’s trillion-dollar government run health care experiment that would increase premiums, raise taxes, slash Medicare, and places Washington bureaucrats between Oregonians and their doctors.
A few weeks later the legislation went to the Senate where in a last-minute attempt to save the bill, Senator Harry Reid loaded the bill up with a slew of kickbacks to entice his Democratic Pals to vote for the legislation.  Some of the giveaways included the infamous Cornhusker Kickback and the Louisiana Purchase, which probably explains why Rep. Kurt Schrader promised his constituents at a town hall meeting in January that if certain aspects of the original House bill, including reform on Medicare reimbursement, are not included in the final bill, he would not be voting in favor of it.
Well last week, Speaker Nancy Pelosi said the House of Representatives would  have to vote on the exact bill passed in the Senate and that President Obama would sign it into law.  As a result by the reasons Rep. Schrader outlined, it would appear that he is absolutely voting against the bill, but Squirmy Schrader has now said he is undecided.
Please call Kurt Schrader at (202) 225-5711 or (503) 588-9100 and remind him that he promised that if certain aspects of the original House bill are not included in the final bill, he would not be voting in favor of it.

Sincerely,

Bob Tiernan

P.S. Don’t forgot to call, because according to The Oregonian, Schrader was literally one of the final votes last time and you know Speaker Pelosi will be working around the clock trying to convince him to break his promise to the people of Oregon’s Fifth Congressional District.

Tell ’em where you saw it. Http://www.victoriataft.com

Packing the Federal Reserve Board by Pete the Banker

While attention generally focuses on the importance of the President’s nomination of Supreme Court Justices, the Federal Reserve Board gets lesser attention despite its importance.   Obama nominated his first Board replacement, Daniel Tarullo, and the Senate confirmed Tarullo to fill a vacancy on the Federal Reserve Board immediately after Obama’s inauguration. 

Donald Kohn recently resigned as the Vice Chairman of the Federal Reserve Board allowing Obama the opportunity to nominate a successor with his replacement subject only to Senate confirmation.  In addition to Kohn’s position, two other current Board vacancies currently exist and need to be filled to complete the seven person Board.   Once the vacancies are filled, Obama will have selected a solid majority of the Board’s members.  This does not include Ben Bernanke’s recent extension as Chairman of the Federal Reserve Board. (here)

Janet Yellen, President of the San Francisco Federal Reserve Bank, is apparently Obama’s nominee choice to fill the vacancy of Donald Kohn, the Vice Chairman.  Yellen, a Clinton  appointee, has generally emphasized targeting employment/unemployment, rather than inflation as a primary concern of monetary policy.  She recently has made stated that the fears of inflation may be overdone and, “I believe that the more worrisome challenge for price stability over the next few years stems primarily from the sizable amount of slack in the economy.  Whether measured by the output gap, the unemployment rate, the manufacturing capacity utilization rate, or whichever measure you like, the economy is running well below its potential. As a result, inflation is already very low and trending downward.”  (here) Since she has also been vocal in support of the Administration’s stimulus plan, one suspects her tendency on the Federal Reserve Board will continue to be supportive of an accommodating monetary policy.

The Obama Administration has dictated fiscal policy over the past year with the help of the Democrat controlled Congress which has lacked spending restraint and also relied on heavy Treasury heavy borrowing.  Regardless of whether or not Yellen is ultimately confirmed, once Obama has appointed four of the seven Federal Board members, he will be able to fortify the Fed’s cooperation in supporting his Keynesian approach through an accommodative monetary policy promoting the expansive monetization of the Treasury debt.  Massive Federal spending, continued heavy Treasury borrowing and the willingness of the Federal Reserve to buy Treasuries in the open market will rapidly expand the nation’s money supply resulting in massive inflationary pressures in the years ahead.
Tell ’em where you saw it. Http://www.victoriataft.com

Obama: Premiums Could Fall by 3,000 Per Cent

Was he reading this off of his teleprompter?

In Ohio, Barack Obama pushing his socialist healthcare takeover claimed, “your employer it’s estimated would see premiums fall by as much as 3,000 percent, which means they could give you a raise.”

3,000 per cent? I wonder if that will be in all 57 states?

WhiteHouse.gov

From AmericanThinker.com, “Monday in Strongsville, Ohio, President Obama said that ObamaCare will reduce health insurance premiums by “3,000 percent.” Considering that a 50 percent decrease in premiums would mean that we’d be paying half as much as we now pay for health insurance and that a 100 percent decrease in premiums would mean that we’d be paying nothing for health insurance, President Obama is telling us that insurance companies will actually start paying us money to keep our health insurance.”

3,000 Per Cent?

Say anything, no matter how unbelievable?

Tell ’em where you saw it. Http://www.victoriataft.com

Fire Sale at the John Ross; Rest of So Wa to Follow?

 I was driving into town from Macadam yesterday and couldn’t help but notice the big signs saying that 50 Luxury Condos were being auctioned off at the John Ross! (See their Press Release after the jump). Wow, how the mighty have fallen.

The Condo glut was aided and abetted by the City of Portland, OHSU, Homer Williams and the rest of the cast of characters who got what they wanted out of the deal and then left or stayed employed by the city and papered over excesses, lied about things such as the cost of parking spaces, “open” spaces, parks, and street cars.
Wow! Look at those fees! Gadszooks! 


Taxpayers will be on the hook for the costs of this unnecessary and costly infrastructure maintenance for years to come. The tram has become a white elephant and a symbol of hackneyed civic excess.
The people of Lair Hill, whose views were obstructed by these gangling towers and whose homes sit dead below the dangling tram were dumped on by the City in the name of fulfilling its destiny as a biotech hub.
The active citizens who opposed this imposition were derided as a bunch of Nimbys; the experts who foretold the Himalayan like climb confronting a future bio tech industry in Portland were dismissed as buzz kills and all were, in the end, right,  of course. But the government “knew” better. City officials, including Sam, Vera, Randy, Dan, Erik, the PDC and their favorite developer, city mascot Homer Williams, believed their business acumen made them qualified to choose winners and losers in the bio tech and housing marketplace. They were wrong of course.
They built hundreds of condos without adequate roads to get people in and out, putting vast millions of our tax dollars into street cars and trams that only a small fraction of people will ever use. The bio tech industry has stayed in the places where it was always big: La Jolla, Boston, Florida—not Portland. Private land owners were “encouraged” to “give” their land away to the City when it became obvious that the City wouldn’t grant permits for them to develop their own property,  citing phantom future light rail stations as one of  the culprits. Property takings by the City may be nearly impossible to calculate.

Portland took a flyer with our money. We all lost. I wonder who will be able to afford these condos—even at fire sale prices. We know the developers are taking a bath (here).

PORTLAND, OR. – Sunday, April 11th will be an exceptional opportunity for the Portland real estate market as Kennedy Wilson and Realty Trust team to auction off 50 luxury condominium homes at John Ross. Sleek and stylish, John Ross is one of the architectural highlights of Portland‘s desirable South Waterfront neighborhood and low starting bids at the auction are giving hope to homebuyers who have felt shut out of this appealing urban oasis.
Minimum Selling Prices for the homes at John Ross will be as low as $110,000 on 44 luxury condominiums previously priced from $184,000 to $549,000. Also included in the auction are six exquisite penthouses previously priced from $579,000 to $1,149,000. Minimum Selling Prices for these spectacular penthouse units start at just $290,000.

Tell ’em where you saw it. Http://www.victoriataft.com

Call Baird, Blumenauer, Schrader and Wu and Make Them Declare Their Votes on Health Care

Rally outside Baird’s Vancouver office from 4-6pm this afternoon. Info after the jump. Missive from Oregon GOP on excuses Schrader made to constituents last time. Promises under which he would not vote for the bill again. Will he break his promise? Info after the jump.

BAIRD’S OFFICE LOCATION FOR RALLY 
O.O. Howard House
750 Anderson Street, Suite B
Vancouver, WA 98661
Phone: (360) 695-6292
Fax: (360) 695-6197
Google Map Link

Call Congressman Schrader to remind him of his promise…
Schrader Said: If Certain Aspects of the Original House Bill
Are Not Included In The Final Bill, Then I’m Voting No

Dear Friends,
Last November, Rep. Kurt Schrader was one of the final people who decided to vote for Speaker Nancy Pelosi’s trillion-dollar government run health care experiment that would increase premiums, raise taxes, slash Medicare, and places Washington bureaucrats between Oregonians and their doctors.
A few weeks later the legislation went to the Senate where in a last-minute attempt to save the bill, Senator Harry Reid loaded the bill up with a slew of kickbacks to entice his Democratic Pals to vote for the legislation.  Some of the giveaways included the infamous Cornhusker Kickback and the Louisiana Purchase, which probably explains why Rep. Kurt Schrader promised his constituents at a town hall meeting in January that if certain aspects of the original House bill, including reform on Medicare reimbursement, are not included in the final bill, he would not be voting in favor of it.
Well last week, Speaker Nancy Pelosi said the House of Representatives would  have to vote on the exact bill passed in the Senate and that President Obama would sign it into law.  As a result by the reasons Rep. Schrader outlined, it would appear that he is absolutely voting against the bill, but Squirmy Schrader has now said he is undecided.
Please call Kurt Schrader at (202) 225-5711 or (503) 588-9100 and remind him that he promised that if certain aspects of the original House bill are not included in the final bill, he would not be voting in favor of it.

Sincerely,

Bob Tiernan

P.S. Don’t forgot to call, because according to The Oregonian, Schrader was literally one of the final votes last time and you know Speaker Pelosi will be working around the clock trying to convince him to break his promise to the people of Oregon’s Fifth Congressional District.

Tell ’em where you saw it. Http://www.victoriataft.com

"The Cuba I Saw" By Megan Smith

An eyewitness account of what waits us in America if we continue going down this socialist road.

Interested in seeing Barack Obama’s dreams for the U.S. in real time? Pack some toilet paper, Tylenol, and towels. Then hop a plane to Cuba. Just ninety miles off Florida’s coast, Obama’s ideas are alive and kicking.

In fact, visiting Cuba today may be more meaningful than ever before. Touring the country of 11 million lets you see everything the far left “knows” is right, just, and good for all of us.

Step out at Havana’s José Martí airport to throngs of Cubans. The people — warm and welcoming — meet friends and relatives at the airport. Hundreds wait for arrivals. Though the government boasts 3.4% unemployment, judging by airport greeters and others hanging around town, those stats are questionable.

Cuba has two currencies: the CUCs (Cuban Convertible Pesos, pronounced “kooks”), which buy the good stuff, and the Cuban peso: fairly worthless. Cubans are paid in pesos. Twenty-five pesos equal one CUC. It’s nearly impossible to earn enough pesos to purchase the number of CUCs needed to buy better items. So Cuba’s black market is thriving.

———————–

Of course, there’s free health care, which Cubans (and Michael Moore) are programmed to hype to Americans. They tell you that Fidel brought universal health care. Sounds terrific, right? All services free? Docs earning 250 pesos a month, yet working nonstop? What could be better?

Well…remember that Tylenol? It’s a donation to Cuba. Cuba’s health care has “minor” glitches like no medicines. There aren’t over-the-counter or prescription drugs, vitamins, or supplies like diabetic strips. There’s inferior training, doctor shortages, rationed care, and a lack of equipment. (A few years ago, Havana — a city of 2 ½ million — had only one MRI machine.) The hospitals are in terrible shape, and the system is economically draining. Actually, some with money might get better care, but they pay under the table.

The Cuba I Saw

Tell ’em where you saw it. Http://www.victoriataft.com

Packing the Federal Reserve Board by Pete the Banker

While attention generally focuses on the importance of the President’s nomination of Supreme Court Justices, the Federal Reserve Board gets lesser attention despite its importance.   Obama nominated his first Board replacement, Daniel Tarullo, and the Senate confirmed Tarullo to fill a vacancy on the Federal Reserve Board immediately after Obama’s inauguration. 

Donald Kohn recently resigned as the Vice Chairman of the Federal Reserve Board allowing Obama the opportunity to nominate a successor with his replacement subject only to Senate confirmation.  In addition to Kohn’s position, two other current Board vacancies currently exist and need to be filled to complete the seven person Board.   Once the vacancies are filled, Obama will have selected a solid majority of the Board’s members.  This does not include Ben Bernanke’s recent extension as Chairman of the Federal Reserve Board. (here)

Janet Yellen, President of the San Francisco Federal Reserve Bank, is apparently Obama’s nominee choice to fill the vacancy of Donald Kohn, the Vice Chairman.  Yellen, a Clinton  appointee, has generally emphasized targeting employment/unemployment, rather than inflation as a primary concern of monetary policy.  She recently has made stated that the fears of inflation may be overdone and, “I believe that the more worrisome challenge for price stability over the next few years stems primarily from the sizable amount of slack in the economy.  Whether measured by the output gap, the unemployment rate, the manufacturing capacity utilization rate, or whichever measure you like, the economy is running well below its potential. As a result, inflation is already very low and trending downward.”  (here) Since she has also been vocal in support of the Administration’s stimulus plan, one suspects her tendency on the Federal Reserve Board will continue to be supportive of an accommodating monetary policy.

The Obama Administration has dictated fiscal policy over the past year with the help of the Democrat controlled Congress which has lacked spending restraint and also relied on heavy Treasury heavy borrowing.  Regardless of whether or not Yellen is ultimately confirmed, once Obama has appointed four of the seven Federal Board members, he will be able to fortify the Fed’s cooperation in supporting his Keynesian approach through an accommodative monetary policy promoting the expansive monetization of the Treasury debt.  Massive Federal spending, continued heavy Treasury borrowing and the willingness of the Federal Reserve to buy Treasuries in the open market will rapidly expand the nation’s money supply resulting in massive inflationary pressures in the years ahead.
Tell ’em where you saw it. Http://www.victoriataft.com

"The Cuba I Saw" By Megan Smith

An eyewitness account of what waits us in America if we continue going down this socialist road.

Interested in seeing Barack Obama’s dreams for the U.S. in real time? Pack some toilet paper, Tylenol, and towels. Then hop a plane to Cuba. Just ninety miles off Florida’s coast, Obama’s ideas are alive and kicking.

In fact, visiting Cuba today may be more meaningful than ever before. Touring the country of 11 million lets you see everything the far left “knows” is right, just, and good for all of us.

Step out at Havana’s José Martí airport to throngs of Cubans. The people — warm and welcoming — meet friends and relatives at the airport. Hundreds wait for arrivals. Though the government boasts 3.4% unemployment, judging by airport greeters and others hanging around town, those stats are questionable.

Cuba has two currencies: the CUCs (Cuban Convertible Pesos, pronounced “kooks”), which buy the good stuff, and the Cuban peso: fairly worthless. Cubans are paid in pesos. Twenty-five pesos equal one CUC. It’s nearly impossible to earn enough pesos to purchase the number of CUCs needed to buy better items. So Cuba’s black market is thriving.

———————–

Of course, there’s free health care, which Cubans (and Michael Moore) are programmed to hype to Americans. They tell you that Fidel brought universal health care. Sounds terrific, right? All services free? Docs earning 250 pesos a month, yet working nonstop? What could be better?

Well…remember that Tylenol? It’s a donation to Cuba. Cuba’s health care has “minor” glitches like no medicines. There aren’t over-the-counter or prescription drugs, vitamins, or supplies like diabetic strips. There’s inferior training, doctor shortages, rationed care, and a lack of equipment. (A few years ago, Havana — a city of 2 ½ million — had only one MRI machine.) The hospitals are in terrible shape, and the system is economically draining. Actually, some with money might get better care, but they pay under the table.

The Cuba I Saw

Tell ’em where you saw it. Http://www.victoriataft.com