Daily Archives: March 2, 2009

One would think that these idiots standing in a blizzard protesting global warming, would have enough sense to realize that they are being sold a line of crap and get inside out of the cold. What a bunch of fools. Nancy Pelosi even had enough sense to be a no show and she is one of the dumbest humans in Washington, second only to my own U.S. senator Barbara Boxer, who is truly the biggest idiot on the planet. I should know. Boxer and Pelosi helped to socialize California long before they began to socialize the United States. I do believe I have found this weeks douchebag of the week. JD

I wish to commend the national media and President Obama for their brilliant cover-up of the real reason the NYSE tanked below 7000 today. The AIG bailout was a clever ruse to dupe Americans into believing that the stock market plunge had nothing to do with Obama creating a new socialized healthcare system for Americans.

Read the real news from stock analysts and you will see that the insurance, pharmaceutical and healthcare provider stocks were the biggest losers on Wall Street today.

No one seems to want to ask the one pertinent question here. Why? Why would the takeover of one seventh of the private sector cause the stock market to plummet deeper into the abyss? Because it will be the single largest takeover of private sector jobs in WORLD history.

There are over eleven million jobs at stake in the medical industry that will become government jobs. It will be a huge takeover of private money. That money is in millions of stock portfolios around the world. That money would simply disappear from the national economy. And it will be paid for by the taxpayers of the United States of America which means even more money taken out of the economy. Wall Street understands this. Hundreds of billions of dollars would disappear overnight.

Yet the dunderheads that live in shitbox ghettos of America seem to think this would be good for our country. Why? Because the media has told them so. So we sit today watching the media show pictures of Obama at a basketball game drinking beers and blaming the stock market crash on AIG when in reality it’s a reaction by investors to the nationalization of the American medical industry.

Article below

Managed-care stocks sank even deeper than the broader market Monday, as President Barack Obama introduced his choice for health chief and talked about his view of the need to change the system.

Several health insurers saw their stock prices plummet more than 11 percent in afternoon trading, a drop that stunned some analysts following the sector. The Standard & Poor’s 500 index, by contrast, dropped less than 4 percent.

Matthew Borsch of Goldman Sachs said some insurers were approaching lows they hit in late November before rallying. He said the sell-off doesn’t seem to have a bottom.

“All I can say is I think that this is a moment of obviously extreme fear, and when the selling ends, I think you’ll see deep-value buyers jump in here,” he said. “Once that gets going, it could be another big rally.”

Obama said Kansas Gov. Kathleen Sebelius was his choice to be the next health and human services secretary. The president also picked Nancy-Ann DeParle, a health policy figure during the Clinton administration, to head the White House Office for Health Reform.

Obama described health care reform as “a necessity we have to achieve.”

Managed-care stocks also sank last week after analysts were surprised by a lower-than-expected increase in Medicare Advantage reimbursement for 2010 and after Obama unveiled a proposed budget that includes smaller Medicare Advantage payments to insurers.

Louisville, Ky.-based Humana Inc., for instance, saw its share price fall 42 percent to $23.67 during the week.

But Oppenheimer analyst Carl McDonald said in a recent note that neither Medicare cuts nor a health care reform push should have surprised anyone.

“The market is supposed to be a rational thing, but after the last five days, it’s hard to have a lot of belief in that particular theory,” he wrote in a weekend note.

Morningstar analyst Matthew Coffina said his firm’s big concern has always been whether the government’s reform push will focus on covering the uninsured or if it will compete for customers who already have coverage through their employers.

“I’m not sure the market’s really going to calm down, with respect to the managed care companies, until we get some clarity as far as exactly where health reform is going to go,” he said.

Humana shares fell nearly $3.67, or 15.5 percent, to $20.

Shares of Indianapolis-based WellPoint Inc. dropped more than 11 percent, or $3.91, to $30.01, even though Stifel Nicolaus upgraded the stock to “Buy” from “Hold.”

“We believe current operations will support, if not exceed, conservative guidance across the sector,” analyst Thomas Carroll wrote.

Coventry Health Care Inc. shares fell $2.12, or 18.4 percent, to $9.40; Aetna Inc. stock dropped $2.88, or 12.1 percent, to $20.99; WellPoint Inc. shares fell $3.82, or 11.3 percent, to $30.10; UnitedHealth Group Inc. fell $2.17, or 11 percent, to $17.48; and Cigna Corp. dropped more than $1.73, or 11 percent, to $14.03.

Coast Guard search crews have found one of the four men who had been missing after taking a boat on a fishing trip off the Gulf Coast of Florida, according to reports by Tampa-area media outlets.

Three of the four boaters, including NFL players Corey Smith and Marquis Cooper, remain missing.

According to the St. Petersburg Times, former University of South Florida football player Nick Schuyler was found alive and clinging to the boat 38 miles west of Tampa Bay. Schuyler was rescued by the Coast Guard and is being transported to Tampa General Hospital, according to the Times.

His father, Stuart Schuyler, told the newspaper he has received confirmation from the Coast Guard that his son is alive and talking.

A Tampa-area television station, Bay News 9, previously had reported that the Coast Guard had found an overturned boat in the Gulf of Mexico with one person clinging to it.

There is no further information about the condition of Nick Schuyler or the whereabouts of the missing boaters. Cooper is a linebacker for the Oakland Raiders. Smith, a Richmond native, is a defensive end who spent this past season with the Detroit Lions and now is a free agent. The other missing man has been identified in reports as Will Bleakley, another former University of South Florida player.

The four men reportedly left the Clearwater, Fla., area Saturday morning for a fishing trip on a 21-foot boat owned by Cooper. Smith and Cooper are former Tampa Bay Buccaneers teammates and reportedly had been on fishing trips together previously.

Search efforts reportedly began around 2 a.m. Sunday, about a half-hour after the men were reported missing. The efforts were hindered by high winds and choppy water conditions, according to reports.

The comments by Rush Limbaugh with regard to President Obama are Mr. Limbaugh’s opinions, nothing more. One of the things I have been noticing around the blogosphere is the visceral hatred of the right coming from the liberal democrats across America. This behavior has always fascinated me.

For the record, I am very apolitical. I have a strong dislike of both political parties in American politics today. I wouldn’t call it a hatred of them, I just believe that both parties are selling us all a bill of goods.

What both the left and the right seem to be missing is the fact that both parties tend to polarize the people and divide us into camps to distract us all from the core issues that effect our day to day existence. This is incredibly counter-productive and lets both parties get away with murder with respect to our freedom and how the politicians spend our money.

Rush Limbaugh is a big part of this problem. He insists that his way of thinking is the only way of thinking. This causes more problems than it solves. But Al Franken, Michael Jackson, Keith Olbermann etc. cause the same polarization by insisting that their way of thinking is the only way of thinking. More polarization.

When reading the comments on blogs regarding any of the previously mentioned individuals, all I see is bitterness and name calling. It’s downright embarrassing. I have this visualization of people pounding away at their keyboards furiously, thinking that their mostly inane commentary is going to somehow change the world, or at least someone’s mind.

Most of the comments seen on blogs and news sites offer no solutions to any particular problem facing America today. It’s simply angry name calling and conspiratorial theories that if taken at face value are absolutely ridiculous.

meanwhile while the masses are bogged down in name calling and innuendo, the politicians are all reading this nonsense and laughing their collective asses off. There is no right or wrong with regard to politics. Good and bad ideas come from both sides of the isle. Try not to forget this next time you go into a polling place to pull the lever. JD