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NEWS and OPINIONS by BILL STANLEY
Medicare Has Not Been Good Plan For Me
(29 Apr 2016) If my Medicare taxes and premiums had been placed in a private account and earned only 0.94% per year, my Medicare premiums and the interest during the period I have been on Medicare would have paid for my Medicare benefits. When I die, my heirs would receive $49,600. Instead, they will receive nothing from Medicare.
Largest Insurer (United Healthcare) Exiting Obama Care In 28 of Its 34 States
(29 Apr 2016) In 2017, the company will remain in only 6 of the 34 states where it sold Obama Care insurance. (Source: 25 Apr 2016 Daily Signal)
Solar Electricity SunEdison Files Bankruptcy
(24 Apr 2016) SunEdison, a renewable energy development company with $16.1 billion in liabilities, filed for Chapter 11 bankruptcy protection. Their stock was over $33 per share in July of last year. Trading was closed on April 21 at $0.34. (Source: 21 Apr 2016 CNBC)
Liberal UC Berkeley Cutting 500 Jobs As It Faces Higher Minimum Wage
(24 Apr 2016) A week after California Gov. Brown signed into law a 50% increase in the statewide minimum wage (from $10 to $15 per hour) by 2022, the Univ. of California Berkeley chancellor sent a memo to employees announcing that 500 jobs will be cut over the next 2 years. The citys minimum wage is $11. (Source: 22 Apr 2016 Newsmax Finance)
Higher Minimum Wage Resulting In Fewer Jobs
(23 Apr 2016) "California minimum wage hike hits L.A. apparel industry: The exodus has begun" ... This title was for an article in a very liberal newspaper. No problem. Democrats will buy the votes of the unemployed with Medicaid, food stamps, housing assistance, cash welfare, earned income tax credits, subsidized utilities and subsidized transportation. (Source: 16 Apr 2016 Los Angeles Times)
Will 12 Presidents Be Dishonored Because Of Slavery?
(17 Apr 2016) Houston (a slave owner) school district trustees voted to rename 7 district campuses currently named after confederate leaders at an estimated cost of $1.75 million. Similar actions have occurred elsewhere based on the issue of slavery. Will people demand that presidents be dishonored? Will they demand that the Washington Monument and Jefferson Memorial be torn down ... and that they be removed from Mount Rushmore? They both owned slaves while president, as did 6 others. In addition, 4 more owned slaves, but not while president. (Sources: Western Washington Univ. librarian Robert Lopresti, 7 March 2016 Texas Scorecard)
National Public Debt Continues To Soar
(9 Apr 2016) During the 86 full months of Czar Obama's reign, the national public debt increased by $8.63 trillion to $19.26 trillion, at an annual rate of $1.20 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 1.9 times Bush's. Bush was bad ... Obama is horrible.
Japanese Brands Lead Car / SUV Sales In U.S.
(27 Mar 2016) In 2015, the top car sales in the U.S. were Toyota Camry (429,000), Toyota Corolla, Honda Accord, Honda Civic and Nissan Altima. The top SUV sales were Honda CR-V (346,000) and Toyota RAV4. The top 3 pickup trucks were Ford F-Series (780,000), Chevrolet Silverado and Dodge Ram. Toyota Prius (hybrid) sales were 114,000, but only 4,000 Toyota Prius Plug-In models were sold. Tesla sold an estimated 27,000 (total for S and X models). (Source: Good Car Bad Car)
Room / House Rentals In S.F. Regulated / Taxed Like Hotels
(27 Mar 2016) If people rent a room or their whole house in San Francisco to vacationers, they have had to register with the City and pay a 14% "hotel" tax. Now, they will also have to submit an itemized list of all the "furniture, appliances, supplies, equipment and fixtures" used in their rentals, specifying the costs and acquisition dates. After the assessors office calculates depreciation, their "business personal property" will be subject to a tax of slightly over 1% of its value. (Source: 17 March 2016 San Francisco Chronicle)
Illegal Alien Households Are On Welfare Despite Being Employed
(27 Mar 2016) 57% of illegal alien households get food assistance and 51% get Medicaid. In 2012, 87% of illegal alien households with children benefitted from at least one welfare program. There is a worker present in 95% of illegal alien households. Illegal alien households obviously have low incomes. 820,000 illegal aliens have been arrested, tried and convicted. (Sources: Migration Policy Institute, Center for Immigration Studies, 9 Sep 2015 Breitbart, 14 Mar 2016 Breitbart)
Immigrants And Their Children Have Increased From 6.6% Of Population To 18.9% In 45 Years
(20 Mar 2016) The number of legal and illegal immigrants and their children is 18.9% of the total population, up from 6.6% in 1970. Traditionally, 250,000 immigrants are admitted each year. Since 2000, the number has increased to 1.5 million each year. (Source: Center for Immigration Studies)