Archives for FUBAR

You will have health insurance…or else

In the new reality of Barack Obama and Democratic control of our government, health insurance will not be an option: It will be the law.

Whatever bill emerges from Congress will almost certainly include a require that all Americans have health insurance -- whether they want it or not.

In theory, those who can't afford health insurance will get government help obtaining it.

In theory.

In reality, the theory of legislation doesn't always translate easily to actuality.

But a government-run health care system will require health insurance...or else.

Read More

Cow belches & farts exempt from EPA regs

One contributor to global warming — bigger than coal mines, landfills and sewage treatment plants — is being left out of efforts by the Obama administration and House Democrats to limit greenhouse gas emissions.

Cow burps and farts.

Belching from the nation's 170 million cattle, sheep and pigs produces about one-quarter of the methane released in the U.S. each year, according to the Environmental Protection Agency. That makes the hoofed critters the largest source of the heat-trapping gas.

Read More

Drug firms cut secret deal with Obama, Congress

The pharmaceutical industry agreed Saturday to spend $80 billion over the next decade improving drug benefits for seniors on Medicare and defraying the cost of President Barack Obama's health care legislation, capping secretive negotiations involving key lawmakers and the White House.

"This new coverage means affordable prices on prescription drugs when Medicare benefits don't cover the cost of prescriptions," Sen. Max Baucus, chairman of the Senate Finance Committee, said in a statement announcing the accord.

Read More

FBI wasted time, resources on porno probe

When the FBI investigated the landmark 1972 porno movie "Deep Throat," the case touched the highest levels of the FBI, even its second-in-command W. Mark Felt, the shadowy Watergate informant whose "Deep Throat" alias was taken from the movie's title.

The FBI documents newly released to The Associated Press reveal the bureau's sprawling and ultimately vain attempt to stop the spread of a movie some saw as the victory of a cultural and sexual revolution and others saw as simply decadent.

Read More

No perjury charge against Sen. Burris

An Illinois prosecutor investigating the appointment of Roland Burris to President Barack Obama's vacant U.S. Senate seat said on Friday there was insufficient evidence to charge Burris with perjury.

Some of Burris' answers to questions posed by an Illinois legislative committee in January were vague, but he did not lie about his discussions with then-Governor Rod Blagojevich's aides concerning his appointment, Sangamon County Prosecutor John Schmidt said in a statement.

Read More

Economy becoming a good news-bad news joke

Trying economic times have prompted many Americans to search the financial horizon for positive signs we may be pulling out of the recession. But sometimes what looks like good news can also be bad news. This week's release of housing starts was just that, good news bearing potential hidden bad news between the lines. In May, housing starts jumped 17 percent above the year before, exceeding expectations in a housing market that seems to have bottomed out and which may soon start to produce rising home prices.

Read More

New rules mean more government control

From simple home loans to Wall Street's most exotic schemes, the government would impose and enforce sweeping new "rules of the road" for the nation's battered financial system under an overhaul proposed Wednesday by President Barack Obama.

Aimed at preventing a repeat of the worst economic crisis in seven decades, the changes would begin to reverse a determined campaign pressed in the 1980s by President Ronald Reagan to cut back on federal regulations.

Read More

Gun smuggling curbs ain’t working

Government efforts to stop the flow of guns from the United States to Mexico have suffered in recent years from having no clear plan to combat gunrunners affiliated with drug cartels, investigators have concluded.

The Government Accountability Office, which is delivering its findings to Congress on Thursday, noted that federal agencies only recently began coordinating with Mexican counterparts on ways to stop gunrunning along the border.

Read More

Twitter comes into its own

Twitter may be only two years old and not making money yet but it has definitely come of age.

Just days after Time magazine put Twitter on its cover and weeks after talk show megastar Oprah Winfrey signed on as a user, Iranians turned to the service to protest the results of their presidential election and get the news out.

Read More