Monthly Archives: December 2013

Amrish Mahajan Obama Rezko lot bank president barred from banking, FDIC receiver for Mutual Bank v Mahajan, Rita Rezko loan, Kenneth Conner whistleblower

Amrish Mahajan Obama Rezko lot bank president barred from banking, FDIC receiver for Mutual Bank v Mahajan, Rita Rezko loan, Kenneth Conner whistleblower

“Why wasn’t Rod Blagojevich, Governor of IL, prosecuted before Tony Rezko, a businessman?”…Citizen Wells

“Why was Tony Rezko’s sentencing delayed?”…Citizen Wells

“Why did Mutual Bank fire whistleblower Kenneth J Conner after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

The FDIC lawsuit against Amrish Mahajan, et al is still alive.

Amrish Mahajan, the former president of Mutual Bank of Harvey, the bank that loaned Rita Rezko the money to buy the lot subsequently sold to the Obamas, has been barred from banking.

From Chicago Business July 1, 2013.

“Politically connected ex-Mutual Bank president barred from banking”

“Amrish Mahajan, former president of failed Mutual Bank of Harvey and a major fundraiser for imprisoned former Gov. Rod Blagojevich, has been barred from future participation in the banking industry under a newly released regulatory order.

Mr. Mahajan consented, without admitting or denying unsafe or unsound banking practices, to a May 1 order by the Federal Deposit Insurance Corp. prohibiting him from participating “in any manner” in the conduct of the affairs of any federally insured institution.

Until early 2009, Mr. Mahajan ran Mutual Bank of Harvey, one of the most active lenders to Indian-American-owned businesses in the Chicago area and an enthusiastic commercial real estate lender in Chicago and other markets around the country. The bank, which had $1.7 billion in assets at its peak, failed spectacularly in 2009, saddling the FDIC’s insurance fund with an estimated $917 million in losses, according to the latest FDIC account. That makes it the costliest Chicago-area bank failure since the beginning of 2009.

Mr. Mahajan is a defendant in an FDIC lawsuit against former officers and directors of Mutual Bank seeking $130 million in damages. That suit, filed in October 2011, is pending and in discovery.”

“Mutual Bank briefly entered the realm of national politics after news surfaced of the bank’s role in financing the purchase of a lot next to the home of then-U.S. Sen. Barack Obama. The Obama family bought part of the lot from the wife of Blagojevich fundraiser Tony Rezko after Mutual Bank lent her $500,000 to purchase the property. Mr. Rezko is in prison on charges of fraud, among other things.”

Read more:

http://www.chicagobusiness.com/article/20130701/NEWS01/130709985/politically-connected-ex-mutual-bank-president-barred-from-banking#

Order to bar Amrish Mahajan from banking.

http://www.scribd.com/doc/151128159/Mahajan-Order

Read more about the Mahajan Obama Rezko connection here.

https://citizenwells.wordpress.com/2013/07/09/obama-rezko-lot-transaction-bank-president-mahajan-fdic-lawsuit-motion-hearing-july-10-2013-judge-virginia-m-kendall-rezkos-sold-lot-to-obamas-kenneth-j-conner-whistleblower/

New Obamacare fees in 2014, Blue Cross Blue Shield of Alabama reveals taxes, Affordable Care Act Fees and Taxes, Higher premiums deductibles and fees

New Obamacare fees in 2014, Blue Cross Blue Shield of Alabama reveals taxes, Affordable Care Act Fees and Taxes, Higher premiums deductibles and fees

“The study says 27-year-old men in Nebraska will see a whopping 279 percent increase in premiums and 27-year-old women in Nebraska will get an also-shocking 227 percent increase in rates.”…Watchdog.org

“millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.”…NBC News October 29, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

From the NY Post December 25, 2013.

“New ObamaCare fees coming in 2014”

“Here comes the ObamaCare tax bill.

The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.

Most insurers aren’t advertising the ObamaCare taxes that are added on to premiums, opting instead to discretely pass them on to customers while quietly lobbying lawmakers for a break.

But one insurance company, Blue Cross Blue Shield of Alabama, laid bare the taxes on its bills with a separate line item for “Affordable Care Act Fees and Taxes.”

The new taxes on one customer’s bill added up to $23.14 a month, or $277.68 annually, according to Kaiser Health News. It boosted the monthly premium from $322.26 to $345.40 for that individual.

The new taxes and fees include a 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018.

There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute.

Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.

ObamaCare supporters argue that federal subsidies for many low-income Americans will not only cover the taxes, but pay a big chunk of the premiums.

But ObamaCare taxes don’t stop with health-plan premiums.

Americans also will pay hidden taxes, such as the 2.3 percent medical-device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs.

Those with high out-of-pocket medical expenses also will get smaller income-tax deductions.”

Read more:

http://nypost.com/2013/12/25/new-obamacare-fees-coming-in-2014/

 

 

Christmas 2013, Christ Mass, Jesus saviour of the world not Santa Claus, From darkness to light, Transformed Roman Empire Vikings, Message of Christmas simple

Christmas 2013, Christ Mass, Jesus saviour of the world not Santa Claus, From darkness to light, Transformed Roman Empire Vikings, Message of Christmas simple

“I cannot and will not recant anything, for to go against conscience is neither right nor safe. Here I stand, I can do no other, so help me God. Amen.”…Martin Luther

“Although my memory’s fading, I remember two things very clearly: I am a great sinner and Christ is a great Savior.”...John Newton, former slave trade captain, author of “Amazing Grace”.

“Because the foolishness of God is wiser than men; and the weakness of God is stronger than men.”…First Corinthians 1:25

One historical figure:
Transformed the Roman Empire.

Caused a message of love and peace to be spread throughout the world.

Inspired some of the greatest art produced.

Was the catalyst for the invention of the printing press and subsequent spread of knowledge.

Transformed the Vikings.

Inspired Johann Sebastian Bach.

Inspired Martin Luther.

Inspired and motivated the early settlers of the US.

Inspired and motivated the founding fathers of the US.

Was the catalyst for removal of slavery in the western world.

Inspired and motivated the US and western nations to repel the fascism and tyranny in WWII.

Inspired and motivated the US and western nations to overcome Soviet communism.
The figure was not Santa Claus.

It was Jesus Christ, saviour of the world.

Image derived from data embedded in the Shroud of Turin.

J

Obama fails Obamacare ID test, Obamacare fails credibility test, High premiums and deductibles shock new enrollees, Doctor hospital choices and high bills will shock in future

Obama fails Obamacare ID test, Obamacare fails credibility test, High premiums and deductibles shock new enrollees, Doctor hospital choices and high bills will shock in future

“The study says 27-year-old men in Nebraska will see a whopping 279 percent increase in premiums and 27-year-old women in Nebraska will get an also-shocking 227 percent increase in rates.”…Watchdog.org

“millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.”…NBC News October 29, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

This may be the best performing feature of a website associated with Obamacare.

Obama failed the ID test.

From Fox News December 23, 2013.

“President Obama enrolled over the weekend for insurance under the Affordable Care Act, the White House said Monday.

The president, who is vacationing in Hawaii with his family, was enrolled in ObamaCare by his staff.

White House officials said staffers enrolled the president through the District of Columbia exchange and needed to make the transaction in person — not through the website — because his personal information is not readily available in the government databases used to verify identities.”

Read more:

http://www.foxnews.com/politics/2013/12/23/president-make-symbolic-enrollment-in-obamacare-picks-least-expensive-plan/

Obama was trying to prove how easy it is to sign up for Obamacare.

What he is not revealing is the sticker shock people are getting when they do.

Many of these people are his young supporters.

From the Greensboro News Record December 22, 2013.

“As a key enrollment deadline hits Monday, many people without health insurance have been sizing up policies on the new government health care marketplace and making what seems like a logical choice: They’re picking the cheapest one.

Increasingly, experts in health insurance are becoming concerned that many of these first-time buyers will be in for a shock when they get medical care next year and discover they’re on the hook for most of the initial cost.

The prospect of sticker shock after Jan. 1, when those who sign up for policies now can begin getting coverage, is seen as a looming problem for a new national system that has been plagued by trouble since the new marketplaces went online in the states in October.

For those without insurance – about 15 percent of the population- “the lesson is it’s important to understand the total cost of ownership of a plan,” said Matt Eyles, a vice president of Avalere Health, a market analysis firm. “You just don’t want to look only at the premium.”

Counselors who have been helping people choose policies say many are focused only on the upfront cost, not what the insurance companies agree to pay.

“I am so deeply clueless about all of this,” acknowledged one new buyer, Adrienne Matzen, 29, an actor in Chicago who’s mostly been without insurance since she turned 21. Though she needs regular care for asthma and a thyroid condition, she says she’s looking for a low monthly premium because she makes less than $20,000 a year.

Hospitals are worried that those who rack up uncovered medical bills next year won’t be able to pay them, perpetuating one of the problems the new health care system is supposed to solve.

The new federal and state health insurance exchanges offer policies ranked as bronze, silver, gold and platinum. The bronze options have the lowest monthly premiums but high deductibles – the amount the policyholder must pay before the insurer picks up any of the cost of medical care.

On average, a bronze plan’s deductible is more than $4,300, according to an analysis of marketplace plans in 19 states by Avalere Health. A consumer who upgrades to a silver plan could reduce the deductible to about $2,500. A top-of-the-line platinum plan has the lowest average deductible: $167.”
“”The real big surprise was how much out-of-pocket would be required for our family,” said David Winebrenner, 46, a financial adviser in Lebanon, Ky., whose deductible topped $12,000 for a family of six for a silver plan he was considering. The monthly premium: $1,400.”

Read more:

http://hosted.ap.org/dynamic/stories/U/US_HEALTH_OVERHAUL_HIGH_DEDUCTIBLES?SITE=NCGRE&SECTION=HOME&TEMPLATE=DEFAULT

 

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year. We will not wait 20 years from now to do it, or 10 years from now to do it. We will do it by the end of my first term as president.”…Barack Obama

NC employment November 2013, Fact vs fiction, Unemployment rate drops from 9.5 to 7.4 percent, Jan to Nov 2013, Fewer working in Nov than Jan, Labor force participation rate plummets

NC employment November 2013, Fact vs fiction, Unemployment rate drops from 9.5 to 7.4 percent, Jan to Nov 2013, Fewer working in Nov than Jan, Labor force participation rate plummets

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

I expect orwellian employment reporting from the Obama controlled US Government. I am less inclined to expect the same from the state of NC.

The unemployment rate fell from 9.5 percent in January to 7.4 percent in November. Yet there were fewer people employed in November than January.

More on this below.

Once again the Greensboro News record has done a fair job of pointing out that much of the decline in the unemployment rate was due to people dropping out of the Labor Force.

From the News Record December 21, 2013.

“North Carolina’s unemployment rate declined sharply in November to its lowest level in more than five years, the state Commerce Department said Friday, but seemingly inconsistent data raise questions about how many new jobs are actually being created.

The jobless rate of 7.4 percent compares to 8 percent in October and 8.9 percent back in July. The state rate is also inching closer to the national rate, which was 7 percent in November.

The department’s Labor and Economic Analysis Division said the number of people employed in North Carolina grew in the past month by just over 20,000 to more than 4.3 million.

But the labor force itself declined by 8,100, attributed in part to the long-term unemployed giving up on looking for work, said Andrew Brod, a senior researcher within the business school at the University of North Carolina at Greensboro. Over the past 12 months, the labor force has declined by 95,000, while the number of employed has grown by just 6,100, according to division data.

With more detailed industry survey data released showing total nonfarm employment falling by 6,500 positions, Brod said it’s uncertain how much of the drop in the jobless rate is actually due to more hiring.

The unemployment number “looks great, but it’s a continuation of a six-month trend at least in which drops in the unemployment rate are happening mostly because of people leaving the labor force,” Brod said in an interview. “This number looks good, but I take it with a grain of salt.””

Read more:

http://www.news-record.com/news/north_carolina_ap/article_690e003d-6c30-5704-b651-33e0326c7e63.html

Why is the following not being reported?

In January of 2013 there were 4,322,922 people employed.

In November of 2013 there were 4,314,502 people employed.

The labor force participation rate plummeted from 63.4 percent to 61.3 percent in the same period.

http://esesc23.esc.state.nc.us/d4/LausSelection.aspx

This is good news???

Obama Obamacare White House Press Corp press conference December 20, 2013, 12 questions that could have been asked, Orwellian thought control ruled, Big brother lies of Obama

Obama Obamacare White House Press Corp press conference December 20, 2013, 12 questions that could have been asked, Orwellian thought control ruled, Big brother lies of Obama

“If you like your plan, you can keep it.”…Barack Obama

“millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.”…NBC News October 29, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

I read through the transcript of the Obama Obamacare White House Press Corp press conference yesterday to the extent that my weakened stomach would allow. It was the usual claptrap of weak questions and Orwellian responses from Obama.

If you can stand it, here is the transcript.

http://www.washingtonpost.com/politics/running-transcript-president-obamas-december-20-news-conference/2013/12/20/1e4b82e2-69a6-11e3-8b5b-a77187b716a3_story.html

Thanks to Hot Air for providing some real questions that could have been and should have been asked.

“It is rare that the White House press corps asks exactly what I want it to ask, but today’s display, with a few notable exceptions, was truly irresponsible. Not only would critics of Obamacare like to know how Obama proposes to fix it, but I’m sure the law’s liberal champions would appreciate some more information and assurances as well. Real people are losing their real coverage in real life, and the press corps is wasting the bulk of its questions on this pitifully rare opportunity on how the president feels about this rolling calamity. Well, if the president’s mind-numbing self-reflection can cure your kids when they get sick, you’re in luck, America. Otherwise, you’ll have to wait for the next meeting of the White House Encounter Group for a shot at more answers from the man in charge.”

“1. Hey, from where do you derive the legal authority to change large parts of this law passed by Congress? And, if you believe you have the legal justification for it, what’s to stop a future president from simply deciding he won’t enforce large parts of it?

2. How exactly does the hardship exemption work? Do you have a ballpark number for how many Americans might be eligible? Is there an enforcement mechanism? For instance, will the IRS or someone demand to see a cancellation letter and proof a family couldn’t afford a new plan? If they don’t have the proper evidence would they later face any consequences?

3. Does the administration have the authority to exempt people from certain taxes on an ad hoc basis? From where does it derive this power? Are there other taxes from which people could be exempted by the president’s decree?

4. The demographic make-up of the group enrolled in the exchanges is extremely important to making the law work and avoiding a death spiral, or adverse selection. HHS has been extremely stingy with numbers and specifics about those demographics. Do you have them? Are you getting reports or any sense of what the pool looks like? Colorado, for instance, is enrolling large numbers of 45+ citizens. Does that suggest to you that the health of the pools is in danger? And, could we get some assurances from you that the administration will be transparent about these numbers as we move forward?

5. A report today reveals that Teresa Fryer, chief information security officer for the Centers for Medicare and Medicaid Services (CMS), thought HealthCare.gov was so full of security holes it should be denied its “Authority to Operate” certification but was overridden. Your HHS Secretary Kathleen Sebelius has said she had no knowledge of security concerns yet Fryer has reportedly told Congress members she briefed Sebelius and others. Were you aware of any security concerns before the launch? Are you at all confident Americans who are submitting sensitive information to the site are safe? Will the federal government be transparent about breaches when and if they happen?

Follow up: There have already been two “high-risk” security findings found as the site has been operating over the past months, along with several medium and low-risk findings. Are you kept abreast of these findings? How did the site launch with these security issues unresolved? Should it have been delayed until they were fixed?

6. Today, just hours before we came to this press conference, the HealthCare.gov website was down. It had a note on it referring to the crash as “scheduled maintenance.” Was it scheduled maintenance today or just another crash? And, if it was scheduled maintenance, why was maintenance scheduled just days before the extended deadline for enrollment?

7. Given the high number of cancellation notices that have gone out—estimates are rough, but some think it may be in the millions if you add up data available to us state by state—combined with the persistent problems with the website, isn’t it possible that the net number of insured will actually go up in the new year? As the formerly insured add to the uninsured pool because they cannot afford a new plan, or they can’t get through the process on HealthCare.gov, or take this latest exemption as a reason to put off purchasing altogether, wouldn’t that destroy this law’s raison d’etre? What does it mean if ACA, which was meant to get the uninsured insured, is a net negative in terms of insured Americans in 2014?”

I urge you to read more:

http://hotair.com/archives/2013/12/20/12-questions-the-white-house-press-corps-could-have-asked-obama-about-obamacare/

“What happened in the unseen labyrinth to which the pneumatic tubes led, he did not know in detail, but he did know in general terms. As soon as all the corrections which happened to be necessary in any particular number of The Times had been assembled and collated, that number would be reprinted, the original copy destroyed, and the corrected copy placed on the files in its stead. This process of continuous alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leaflets, films, sound-tracks, cartoons, photographs — to every kind of literature or documentation which might conceivably hold any political or ideological significance. Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by the Party could be shown by documentary evidence to have been correct, nor was any item of news, or any expression of opinion, which conflicted with the needs of the moment, ever allowed to remain on record. All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary. In no case would it have been possible, once the deed was done, to prove that any falsification had taken place. The largest section of the Records Department, far larger than the one on which Winston worked, consisted simply of persons whose duty it was to track down and collect all copies of books, newspapers, and other documents which had been superseded and were due for destruction. A number of The Times which might, because of changes in political alignment, or mistaken prophecies uttered by Big Brother, have been rewritten a dozen times still stood on the files bearing its original date, and no other copy existed to contradict it. Books, also, were recalled and rewritten again and again, and were invariably reissued without any admission that any alteration had been made. Even the written instructions which Winston received, and which he invariably got rid of as soon as he had dealt with them, never stated or implied that an act of forgery was to be committed: always the reference was to slips, errors, misprints, or misquotations which it was necessary to put right in the interests of accuracy.

But actually, he thought as he re-adjusted the Ministry of Plenty’s figures, it was not even forgery. It was merely the substitution of one piece of nonsense for another. Most of the material that you were dealing with had no connexion with anything in the real world, not even the kind of connexion that is contained in a direct lie. Statistics were just as much a fantasy in their original version as in their rectified version. A great deal of the time you were expected to make them up out of your head. For example, the Ministry of Plenty’s forecast had estimated the output of boots for the quarter at one-hundred-and-forty-five million pairs. The actual output was given as sixty-two millions. Winston, however, in rewriting the forecast, marked the figure down to fifty-seven millions, so as to allow for the usual claim that the quota had been overfulfilled. In any case, sixty-two millions was no nearer the truth than fifty-seven millions, or than one-hundred-and-forty-five millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was that every quarter astronomical numbers of boots were produced on paper, while perhaps half the population of Oceania went barefoot. And so it was with every class of recorded fact, great or small. Everything faded away into a shadow-world in which, finally, even the date of the year had become uncertain.”…George Orwell, “1984”