American Elephants


Democrats Cheer at their Own Obstructionism by The Elephant's Child

George W. Bush developed a cautious plan for rescuing Social Security, by allowing people to — if they chose — to invest a small portion of their FICA payments, which would probably bring a higher return than Social Security would.  Democrats, with their usual inability to grasp basic economics, shrieked that Bush was trying to take Social Security away from Granny, and shot down the whole idea.

USEFUL LINKS:
Social Security Is in Far Worse Shape Than You Think
Social Security Disability Benefits Unsustainable

George W. Bush also called for reform of Fannie Mae and Freddie Mac seventeen times in 2008 alone.  Democrats in Congress insisted that the giant government sponsored enterprises (GSEs), who feature so prominently in any account of the causes of the financial crisis, were in fine shape, and needed no reform.  They just needed to loan more money to more unqualified homebuyers to increase homeownership.  Democrats  enthusiastically voted down any reform effort.

Did You Know that Bush Called for Reform 17 Times in 2008  Alone?

Incompetent, irresponsible and impossibly partisan. It’s like living in a dysfunctional family where the mom is a shopaholic and kleptomaniac, and the dad keeps trying to restrain her and keep her out of jail.  And of course Dad is accused of being mean.  Go Figure!



ObamaCare is a Government Takeover, But Special Friends Get Waivers! by The Elephant's Child

Liberals were ecstatic when they passed ObamaCare. They were sure that they had done something wonderful for the American people, who would love it. But hardly anyone really noticed that they excused themselves completely from participating. At that point, most people didn’t have much of an idea of what was in the plan, or how it would affect them.

People have been reading it, and as they have learned what’s in it, organizations have discovered that they would not able to meet the reform law’s new requirement for annual coverage limits. So the Department of Health and Human Services, (HHS) the regulatory arm of ObamaCare, has been quietly issuing waivers or ‘Get Out of ObamaCare Requirements Free” cards.

HHS Secretary Kathleen Sebelius has granted 733 waivers so far to a who’s-who list of unions, businesses and even several cities and four states. Most prominent among the friends of Barack are members of the Service Employees International Union (SEIU).  The bill was produced in cloakroom deals, and it continues to make a joke of much vaunted administration transparency.

A report from the Medicare and Medicaid Office of the Actuary exposed the fact that ObamaCare would cost $311 billion more than promised, and would result in 14 million Americans losing their current insurance. You will face higher health insurance premiums, but special friends in the unions will not. This is what Americans are supposed to love?

Insurance & Financial Advisor Magazine, explains how the Patient Protection and Affordable Care Act is takeover, social engineering by the federal government. ” The McCarran Ferguson Act passed in the 1940s said that the states regulate insurance.  Now the federal government regulates health insurance or tells the states how they will regulate health insurance.”



Another Day, Another Global Warming Lie Debunked by American Elephant

Actually, it was yesterday, but nonetheless — “progressive” warm-mongers hardest hit:

Himalayan glaciers are actually advancing rather than retreating, claims the first major study since a controversial UN report said they would be melted within quarter of a century.

Researchers have discovered that contrary to popular belief half of the ice flows in the Karakoram range of the mountains are actually growing rather than shrinking.

The discovery adds a new twist to the row over whether global warming is causing the world’s highest mountain range to lose its ice cover.

It further challenges claims made in a 2007 report by the UN’s Intergovernmental Panel on Climate Change that the glaciers would be gone by 2035.

Although the head of the panel Dr Rajendra Pachauri later admitted the claim was an error gleaned from unchecked research, he maintained that global warming was melting the glaciers at “a rapid rate”, threatening floods throughout north India.




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