Wynton Hall - Page 15

The federal government has had three and a half years to build its Obamacare insurance exchanges, yet just nine states will have fully functioning exchanges tomorrow upon Obamacare’s national grand opening, reports the Washington Post. “With the launch deadline mere

For the first time in its 79-year history, the Federal Housing Agency (FHA) announced on Friday the need for a $1.7 billion bailout from the Treasury to cover losses on its reverse home mortgage programs. FHA Commissioner Carole Galante said

A stunning new actuary report on Detroit’s pension implosion has revealed that Detroit trustees doled out nearly $2 billion in undisclosed holiday “bonuses” to Detroit workers and retirees negotiated by the city and its unions. Internally, officials called the bonuses

Communist dictator Mao Tse-tung’s infamous Little Red Book–also known as Quotations from Chairman Mao–is the second most published book in history, second only to the Bible. Now, just in time for Christmas, Chinese readers will be able to purchase a

A Treasury Inspector General for Tax Administration report released on Wednesday found that the Internal Revenue Service (IRS) cannot account for $67 million spent from an Obamacare implementation slush fund. “Specifically, the IRS did not account for or attempt to

With just four days until the grand opening of Obamacare’s healthcare exchanges, the Obama Administration quietly told Latino groups on Wednesday that the Spanish version of the healthcare.gov website will not be ready for weeks.  The delay could potentially affect

On Wednesday, the Federal Reserve said U.S. household wealth jumped $1.3 trillion in the second-quarter. During the same period, however, food stamp enrollments–a classic measure of personal economic instability–jumped by 211,708 people.  Between April and June, America’s net worth increased

A year-long investigation by NBC Bay Area has revealed that Google executives bagged millions of dollars in taxpayer-funded fuel to fly their private aircraft.  A Google-owned company, H211, purchased $7,891,175.35 in jet fuel at rates two to four and a

An analysis by the Daily Mail has found that 19.5 million of President Barack Obama’s 36.9 million Twitter followers (53%) belong to phony Twitter accounts.  The study, which used StatusPeople.com to conduct its analysis, found that First Lady Michelle Obama

Andy and Amy Mangione of Louisville, Kentucky say their health insurance nearly tripled overnight from $333 a month to $965 due to Obamacare.  “When I saw the letter when I came home from work, it said ‘your action required, benefit

Two Cleveland men plead guilty on Monday to committing $2 million in food stamp fraud. Brothers Saed (Sam) Wahdan and Maher (Mario) Wahdan took food stamps at four Cleveland stores in exchange for ineligible goods like beer and cigarettes, says

A poll by German publication Spiegel finds that just 39 percent of Germans now fear global warming, down from 62 percent in 2006.  Spiegel says the dramatic shift in public attitudes could be attributable to the fact that average global

In the wake of the National Security Agency (NSA) spying scandal, President Barack Obama announced the creation of an “independent group” of “outside experts” that would ensure civil liberties were not violated and that the public’s trust restored.  Now, with

On Sunday, the New York Times reported that “many insurers are significantly limiting the choices of doctors and hospitals available to consumers” due to Obamacare.    As Times reporter Robert Pear notes, “having an insurance card does not guarantee access

Hollywood Casino in Grantville, Pennsylvania has told its part-time workers that they may no longer work over 30 hours. The reason: Obamacare.  “Not the first, won’t be the last,” Gene Barr of the Pennsylvania Chamber of Business and Industry told

On Friday, President Barack Obama told workers at a Ford plant in Liberty, Missouri, “if we don’t raise the debt ceiling, we’re deadbeats.”  Obama’s comments come as he and Republicans square off over the budget and the raising of the

Last week, the Government Accountability Office (GAO) found that roughly 36,000 individuals since January 2013 have received $1.29 billion in potentially improper cash disability insurance payments.  Disability enrollments have exploded in recent years. Since 2009, 5.9 million people have been

The Obama Administration announced on Tuesday it plans to auction off its remaining $168 million loan to Fisker Automotive–the “near-dead” and “once-glamorous maker of plug-in hybrid cars”–reports USA Today. Originally, Fisker scored $528 million in taxpayer-backed loan dollars but did

House Majority Leader Eric Cantor (R-VA) scored a major legislative achievement as he led House conservatives to a 217-210 victory on Thursday’s vote for the GOP’s food stamp reform bill.  “This bill is designed to give people a hand when

An Obamacare software glitch is now incorrectly tabulating how much people must pay for health insurance, according to a report from the Wall Street Journal.  “There’s a blanket acknowledgment that rates are being calculated incorrectly,” a senior health insurance executive told the WSJ.

With just ten days to go until Obamacare’s insurance exchanges begin, President Barack Obama touted the crony capitalist benefits of his healthcare overhaul to corporate executives Thursday.  “The cost of healthcare is now growing at the slowest rate in 50

Ranking Member of the Senate Budget Committee Sen. Jeff Sessions (R-AL) said in a speech Thursday that the moribund U.S. economy and cronyism have effectively waged economic war on the working class. “‘Quantitative easing’ has boosted wealth in the investor

On September 18, the Obama Labor Department announced that married same-sex couples must receive the same pensions, 401(k)s, health plans, and employee benefits as heterosexual married couples, regardless of whether they live in one of the 37 states where same-sex

With the House expected to vote this week on a Republican food stamp reform bill designed to reduce fraud and encourage self-sufficiency, Democrats have launched a full-scale effort to oppose the measure. “These cuts to SNAP [Supplemental Nutrition Assistance Program]

The Federal Reserve announced on Wednesday it will continue its unprecedented $85 billion a month bond-buying strategy despite earlier indications it would begin tapering its controversial quantitative easing policies.  The announcement comes as the Fed has downgraded its outlook for the

For years, conservatives and libertarians have railed against the Federal Reserve’s controversial three rounds of “quantitative easing” (QE for short) that pumped $2.8 trillion through its $85 billion monthly bond-buying scheme.  However, a new Reuters/Ipsos survey finds that 73% of

A Congressional Budget Office (CBO) report released Tuesday projects that the federal public debt, currently at 73% of GDP, will hit 100% by 2038. However, as James Pethokoukis of the American Enterprise Institute points out, buried inside the CBO analysis is

Starbucks CEO Howard Schultz says Obamacare is “a good thing for the country.”  The coffee giant chief’s comments came during a CNBC interview with anchor Maria Bartiromo.  “On balance, I would say the health care law, to provide health insurance

A Census Bureau report released on Tuesday reveals that the typical American family now earns less than it did in 1989. In 1989, median household income was $51,681 (in current dollars). In 2012, median household income was $51,017.    Photo source: The

Manhattan Federal Judge Katherine Forrest has ruled that federal authorities may seize a 36-story Fifth Ave. tower linked to Iran estimated to be worth $500 million to $700 million. “The court has found that, based on incontrovertible record evidence,” the building at

In 2012, 8.4% of Americans identified themselves as “lower class,” the highest rating ever recorded in the four decades the General Social Survey has asked the question.  The Los Angeles Times says that for people like Chris Roquemore, who are

Last week, the House passed the No Subsidies Without Verification Act (H.R. 2775) to require income verification of individuals seeking Obamacare subsidies. In July, the Obama Administration quietly announced that Americans wishing to receive Obamacare benefits would be on the

Over 100 Emory Healthcare workers have been laid off because of Obamacare. Layoff letters went out last week; the firings go into effect November 15th.  WSB-GA Action 2 reporter Erica Byfield says a “furious” worker contacted the station and passed

A White House official said on Friday that the Obama Administration “does not see a legal way” to give Big Labor the taxpayer-funded Obamacare subsidies it vigorously argues it deserves and needs. The announcement was made in a Treasury Department

In an article titled “Obamacare D-Day Becomes a Soft Launch,” Politico reporter Jennifer Haberkorn says the Obama Administration is busy “tamping down any expectations of a sign-up stampede” 16 days before the government’s “switch is flipped on the new state