Saturday, July 30, 2011

Debt ceiling and the end of the world

It seems that if we exceed the debt limit, life as we know it will end, at least according to the President and most of the pundits on TV. So why is it that the President seems to be doing everything in his power to make sure this happens? Well that might be because the U.S. has exceeded the debt limit before and the world did not end. Didn't know that? Do you think it might have something to do with what political party was in power at that time? Both houses of Congress were controlled by Democrats then and as such there were no Republicans or "tea baggers" to blame so it was treated as no big deal. Funny how that little tidbit has not made it into the current discussions nor been mentioned on the nightly news.

Tuesday, July 12, 2011

President "misspoke" about mother's healthcare issues

It seems that President Obama "misspoke" about his mother's healthcare situation and issues during the last months of her life. On the campaign trail and in debates, he made statements like:

"I remember in the last month of her life, she wasn't thinking about how to get well, she wasn't thinking about coming to terms with her own mortality, she was thinking about whether or not insurance was going to cover the medical bills and whether our family would be bankrupt as a consequence"

Well, it seems that his month had health insurance and her issues were with disability coverage, not with health insurance. Her issue was over her out of pocket expenses, not her health insurance coverage. This is much more different than you would think and the President (as smart as he is reported to be) should have known the difference.

I guess the real story did not play as well as he needed it to...