
A clear conflict of interest for GM majority-owner Barack Obama:
After all, the Obama administration bought a 60 percent stake in General Motors costing taxpayers more than $50 billion and is thus vested politically in the company's success. That GM's value must exceed at least $83 billion (bearing in mind that the company's highest-ever market valuation was $60 billion in 2000) before taxpayers can be made whole is the prism through which the administration's words and actions on the auto industry should be viewed.
One important concern among auto industry analysts upon GM's emergence from bankruptcy has been whether and how the Obama administration might use regulation and the tax code to tilt the playing field in GM's favor.
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Mmmmmmmm I think I read something about this on Jan. 27 th... Two full weeks ago... cha-ching.... LOL... Another nail hit on the head...
Frankenstein
Thugocracy… The politics used to get what you want when dazzling with bull-crap doesn’t work…
Frankenstein
According to these rulings, such health legislation creates a statutory requirement for abortion funding, unless Congress clearly forbids such funding. That is why the Hyde amendment was needed in 1976, to stop Medicaid from funding 300,000 abortions a year. The statutory mandate construed by the courts would override any executive order or regulation. This is the unanimous view of our legal advisors and of the experts we have consulted on abortion jurisprudence. Only a change in the law enacted by Congress, not an executive order, can begin to address this very serious problem in the legislation."
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[Democrats] have inserted . . . a provision that it would take a supermajority of 67 votes in the Senate for future legislative bodies to even consider amendments to its provisions for "death panels." . . . The bill states, "It shall not be in order in the Senate or the House of Representatives to consider any bill, resolution, amendment, or conference report that would repeal or otherwise change this subsection." That subsection addresses rules and regulations that doctors would be ordered to follow by the "Independent Medicare Advisory Boards a/k/a the Death Panels," RedState reported.
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The original version of legislation in the House had specifically exempted TRICARE from being affected. However, when the final bill language was released on Thursday afternoon, it was revealed that neither the Senate bill nor the reconciliation package contained an exemption for TRICARE. “Our military families need to be able to count on their health care benefits, and I am not willing to risk negative consequences for our military personnel and their families, particularly at a time when our troops are serving overseas in harm’s way,” said Nye.
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The problem is the sequence. Can the House vote to amend something that isn't the law, as the Senate bill will not be law before the president's signature? The Rules Committee meeting turned into mass confusion when Democratic Rep. Henry Waxman said, "We're not going to 'deem' the bill passed. We're going to pass the Senate bill…I would be against the idea of 'deeming' something -- we either pass it or we don't."
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My hope would be that Ford uses this same argument to disband their unions.