Senator Marco Rubio (R-FL) disappointed me when he joined the Gang of 8 with their Senate proposal on immigration. I couldn't believe my Senator, the guy I supported so vigorously on this blog, could hook up with the likes of Chucky Schumer. He's backed away from it since, but I'm not sure his change of heart has changed many disappointed hearts who had high hopes for him.
Today I saw this video and felt that pang of pride for Senator Rubio again, the one I felt way back when he first ran for U.S. Senate.
Enjoy his beat down of Democrat Senator Tom Harkin (D-IA), who had recently finished a speech on his "wonderful" trip to Cuba. It's great.
Video via: NewsAttackNow
Wednesday, February 26, 2014
Monday, January 13, 2014
Update: Rubio Submits Legislation to Stop Bailout - The ObamaCare Bailout Mr. O Neglected to Tell Us About
I read this article today. It only reassures me that the "conspiracy theory" is reality.
We are now finding out that our tax dollars will be bailing out the insurance companies. Another little tidbit Mr. Obama neglected to share with the taxpayers.
Via: The Weekly Standard
Robert Laszewski—a prominent consultant to health insurance companies—recently wrote in a remarkably candid blog post that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.
But that’s exactly what it will do—unless Republicans take action. As Laszewski explains, Obamacare contains a “Reinsurance Program that caps big claim costs for insurers (individual plans only).” He writes that “in 2014, 80% of individual costs between $45,000 and $250,000 are paid by the government [read: by taxpayers], for example.” For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers,through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.
In other words, insurance purchased through Obamacare’s government-run exchanges isn’t even full-fledged private insurance; rather, it’s a sort of private-public hybrid. Private insurance companies pay for costs below $45,000, then taxpayers generously pick up the tab—a tab that their president hasn’t ever bothered to tell them he has opened up on their behalf—for four-fifths of the next $200,000-plus worth of costs. In this way, and so many others, Obamacare takes a major step toward the government monopoly over American medicine (“single payer”) that liberals drool about in their sleep.
Senator Marco Rubio (R-FL) has submitted legislation to prevent the bailout of the insurance companies. Read Rubio's article:
"...By law, health insurers are leveling with their shareholders about how ObamaCare will hurt their bottom line. Now President Obama, Secretary Sebelius and ObamaCare’s supporters should level with American taxpayers about the law’s true costs and eliminate any chance for a bailout.
Unfortunately, we can’t just take the administration’s word that it won’t happen. Congress has to act, and it should approve legislation I’ve introduced to repeal ObamaCare’s risk corridor provision and stop any bailout. At just a page long, my bill is simple but would instantly wipe away the taxpayer's exposure to millions – and potentially billions – of dollars' worth of a bailout for insurance companies.
If the only way ObamaCare works is with a taxpayer-funded bailout of insurers, it’s yet another clear sign that the law can’t survive and isn’t worth saving.
While in office, I have worked with others to protect Americans from ObamaCare's damage – as patients, taxpayers, consumers and workers. While some immediate relief is possible, it's become clear that all of ObamaCare's damage can't be prevented forever, unless the law is repealed and replaced with market-based reforms that will make health care more affordable and accessible for all Americans..."
Saturday, December 21, 2013
One of the first things that pops up when you go to the website is an offer for a free download of the Convention of States Handbook, which I immediately downloaded for checking out when I have a little more time. I also "Liked" their Facebook page and saw some familiar faces staring back at me, so I know several of you are many steps ahead of me regarding this issue.
But for those of you who haven't heard of it, it may give you some hope that there are people in America who are taking action against our runaway government and have decided to look to Article V of our Constitution for a solution.
Article V of the Constitution speaks about ways to amend the Constitution.
The Welcome Page explains the COS Project's purpose, goal and plan:
Congress can propose amendments to the Constitution at any time if 2/3 of both houses of Congress agree. A Convention of States can propose amendments if 2/3 of states submit applications for such a convention. These applications must all deal with the same issue (i.e., limiting the power and jurisdiction of the federal government).
Purpose:We have a solution that is as big as the problem.
Goal: The COS Project seeks to urge and empower state legislators to call a convention of states. The delegates at such a convention would have the power to propose amendments to the Constitution that would curb the abuses of the federal government. Article V of the Constitution gives them this power; the COS Project will give them an avenue through which they can use it.
Plan: COS’s plan is twofoldI recommend going here for more clarification.
1. We want to call a convention for a particular subject rather than a particular amendment. Instead of calling a convention for a balanced budget amendment (though we are entirely supportive of such an amendment), we want to call a convention for the following purpose: Limiting the power and jurisdiction of the federal government.
2. We believe the grassroots is the key to calling a successful convention. We would like to build a political operation in a minimum of 40 states, getting 100 people to volunteer in at least 75% of the state legislative districts. Only through the support of the American people will this project have a chance to succeed.
If you are so inclined, take a few minutes and check out the website. Here's the link. Pass the word around, too, because I'll bet many of your friends haven't heard about this project.
Our federal government is going crazy. Out of control spending, power grabs and stealing our liberty and freedom right out from under us. It's about time the people took matters into their hands, legally and with the guidance of our Constitution. Who knows, maybe the breaking point is finally here and something constructive will be done to turn the ship around.
Is this project going to work? I don't know, but I think it's worth finding out more about it in order to make a better, informed decision.
Let's pray on it.