Monday, April 28, 2014

Cruising the Web

While Obama holds triumphant press conferences touting the success of Obamacare, the administration is hoping people won't notice that much of the website is still under construction.
As a result, the system’s “back end” is a tangle of technical workarounds moving billions of taxpayer dollars and consumer-paid premiums between the government and insurers. The parts under construction are essential for key functions such as accurately paying insurers. The longer they lag, experts say, the likelier they’ll trigger accounting problems that could leave the public on the hook for higher premium subsidies or health care costs.

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Dartmouth goes overboard with political correctness as the Phi Delta Alpha fraternity had to cancel a fundraiser because they advertised the theme as "Phiesta" and one student was offended by that. Instead of telling her to just get over herself, the fraternity folded and cancelled.

Sometimes mistakes matter and sometimes they don't.

Does Harry Reid have anything to offer besides blocking bills that some Democratic senators might vote for and slinging mud? Well, there is also the millions that he's fortuitously acquired after a lifetime in public service.

Get ready for the next big bailout we'll be asked to pay - college debt retainment. As the WSJ writes, the Obama administration is "defining delinquency down." And the result of their policies has been to expand student loan debt.
Student loan debt nearly tripled to $966 billion in 2012 from $364 billion in 2004, but not merely because more students are going to school and taking out bigger loans. The Fed report's major finding is that government programs intended to prevent defaults are actually causing many borrowers to rack up more debt. Yet these borrowers aren't included in the government's official default or delinquency rates.

This reduces the political pressure to rein in government student lending, even though on present trend taxpayers will have to absorb tens of billions in default losses. As with ObamaCare, Mr. Obama passes out the loan benefits to young voters now, but everyone pays the price later.

One more example of how California's economic policies are benefiting Texas.

The National Journal helpfully argues that the fact that Hillary Clinton on inauguration day, 2017 would be the same age as Ronald Reagan was when he took at office doesn't matter because she would have a longer life expectancy than he did at the same age.

Now John Kerry is warning that, if Israel doesn't make peace soon, it could become an 'an apartheid state.' Why doesn't Kerry go talk about human rights abuses in Arab states? Israeli Arabs have more political liberty than most citizens of Arab states in the region.

If the Democrats were so confident about how successful Obamacare is, why are they urging everyone to "move on" from talking about it?

California has become a state full of the "Big Lebowskis."

Why voter fraud is a real problem despite the phony statistics that the Democrats have been touting. This sort of story doesn't help their argument that there is no voter fraud.

Matthew Continetti looks at the liberal oligarchs who are funding Democrats and reaping the rewards.

Elizabeth Warren might reap benefits from talking about income inequality, but she is actually a one-percenter.
While U.S. Sen. Elizabeth Warren sleeps in her $5 million mansion in Cambridge, and got paid $350,000 to teach just one class at Harvard, she had the audacity to say in an interview with Jon Stewart this week that “the system is rigged to benefit the rich.”

Yes, Sen. Warren, that would be you. Under a free-market, capitalist system, you became a U.S. senator and multimillionaire whose own net worth hovers around $14.5 million, according to personal financial disclosure reports filed in 2011.

Newsflash for Warren: With that kind of cash, you are a one-percenter! That very demographic you vilified and campaigned against.

Perhaps the best thing going for the leader for the GOP nomination to run for senator against Kay Hagan is that she is running ads against him herself.

Mediate has a helpful guide to how the major pro sports have punished team owners. Baseball has had the harshest penalties and the NBA has relied on fines. I'd like to hear what the full powers are that the NBA has at its command if they decide to suspend or do more to Clippers owner Donald Sterling. And would he be able to appeal based on the fact that the telephone conversation was apparently made without his knowledge which is illegal in California? If the tape couldn't be used in a court proceeding in California, could it be used as evidence in an NBA action? I just don't know. Clearly, everyone wants Sterling out of team ownership and it's past time for him to go. But can they legally force him out? It would be a blessing for everyone if he would just resign and let someone, possibly his son-in-law as has been rumored, take over.

Meanwhile, I've been waiting for all the headline puns such as "Racism tarnishes Sterling-Silver relationship."