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NEWS and OPINIONS by BILL STANLEY

After Spending $29 Million, EPA Unable To Determine Impact Of Fracing On Drinking Water

(15 Jan 2017) A 5-year, $29 million Environmental Protection Agency study report stated, "Data gaps and uncertainties limited EPA's ability to fully assess the potential impacts on drinking water resources locally and nationally. Because of these data gaps and uncertainties, it was not possible to fully characterize the severity of impacts, nor was it possible to calculate or estimate the national frequency of impacts on drinking water resources from activities in the hydraulic fracturing water cycle". The report cited no cases in which such contamination was confirmed. (Source: Hydraulic Fracturing for Oil and Gas: Impacts from the Hydraulic Fracturing Water Cycle on Drinking Water Resources in the United States, EPA/600/R-16/236F, 2016)

U.S Taxpayers Forced To Help People Deported To El Salvador When They Get Home

(15 Jan 2017) The U.S. government funded the Inter-American Foundation with a $50,000 grant that was given to Instituto Salvadorno Del Migrante for a program that helps illegal aliens deported to El Salvador. The program "facilitates reintegration into their communities and supports their enterprises by offering financial education, technical advice, and assistance with business plans". El Salvador banks hesitate to assume the risk associated with making loans to their citizens who left their country and entered the U.S. illegally. However, it is apparently perfectly reasonable to pass that risk on to U.S. taxpayers. (Source: 28 Dec 2016 Daily Signal)

This Year, 69.8% Of Counties Only Have 1 Or 2 Choices Of Insurers On Obama Care Exchanges

(11 Jan 2017) 32.8% of counties have only 1 insurer with coverage on the Obama Care exchanges ... 37.0% have 2 choices. Last year, 36% had 1 or 2 choices. 4.9% have at least 5 choices this year. (Sources: Heritage Foundation, 10 Jan 2017 Daily Signal)

Broken Immigration System ... Illegal Alien Enters 19 Times

(9 Jan 2017) A Mexican man accused of raping a 13-year-old girl on a Greyhound bus in Kansas had been deported 10 times and voluntarily removed from the U.S. another 9 times since 2003. Prosecutors twice dismissed felony re-entry-after-deportation charges in 2013 and 2015 in exchange for guilty pleas on misdemeanor entry charges. (Source: 30 Dec 2016 Associated Press)

National Public Debt Continues To Soar

(9 Jan 2017) During the 95 full months of Czar Obama's reign, the national public debt increased by $9.34 trillion to $19.98 trillion, at an annual rate of $1.18 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 1.87 times Bush's. Bush was bad ... Obama is horrible. (Source: Treasury Dept.)

2017 Obama Care With Higher Premiums And Fewer Choices

(22 Dec 2016) Premiums for a midlevel Obama Care plan in states with HealthCare.gov are increasing an average of 25% next year, driven by lower-than-expected enrollment and higher medical costs. About 1/3 of the counties will have only 1 marketplace insurer because some major commercial carriers have left the market. Subsidies will increase to $42.6 billion for 2017. (Source: 21 Dec 2016 Associated Press)

Tesla, SolarCity and SpaceX Received $4.9 Billion In Government Support

(16 Dec 2016) Elon Musk's companies (Tesla Motors, SolarCity and Space Exploration Technologies) have benefited from $4.9 billion in government support (grants, tax breaks, factory construction, discounted loans and environmental credits that can be sold). (Source: 30 May 2015 Los Angeles Times)

83.8% Of The Increase In Health Care In 2014-15 Was Due To Medicaid / CHIP

(15 Dec 2016) In 2014 and 2015, there was an increase of 5.86 million people covered by individual-market health insurance policies and a decrease of 3.60 million with employer-market policies (net increase of 2.27 million). Additionally, there was an increase of 10.39 million covered in states that expanded Medicaid / CHIP and an increase of 1.36 million in states that did not expand Medicaid / CHIP. (Source: 31 Oct 2016 Heritage Foundation)

Portland Increases Taxes As Way To Establish Authoritarian Wage Control

(15 Dec 2016) The Dodd-Frank legislation required publicly-traded companies to report their chief executive's compensation and their workers' median pay to the SEC. Armed with that information, Portland, Oregon is levying a 10 or 25% surcharge on the business tax paid by any of the approximately 550 companies that pay the tax if their CEO-worker ratio exceeds threshold values. (Source: 7 Dec 2016 New York Times)

$137 Billion Of Federal Student Loans Will Not Be Repaid

(9 Dec 2016) Federal student loans total nearly $1.3 trillion. Of the $352 billion in loans with payments made based on income made in the years 1995 to 2017, $137 billion (39%) won't be repaid. $108 billion will be forgiven and $29 billion will be discharged because of death or disability. (Sources: Nov 2016 Government Accountability Office (GAO), 6 Dec Washington Examiner)

"Least Educated" Metro Area

(9 Dec 2016) The largest 150 metro areas were analyzed. McAllen / Edinburg / Mission, Texas won the prize. 2 categories were considered: "educational attainment" (percentages with high school up through graduate school diplomas) weighted at 80% and "quality of education" (public school rankings, quality of colleges, number of students in top 200 colleges, racial and gender gaps in the "educational attainment" category) weighted at 20%. McAllen / Edinburg / Mission is 86.1% Hispanic and received a score of 6.8. Ann Arbor, Michigan was the highest rated with a score of 94.9. (Source: 25 July 2016 WalletHub)

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This site is © Copyright Bill Stanley 2010-2016, All Rights Reserved. billstan3@yahoo.com.
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