Category Archives: The Case Against Barack Obama

Economic Policy Institute labor market report leaves out important facts, May to Feb 2015 and Dec 2007 comparisons, Hispanic Latinos big gains in employment, White Americans down almost 2 million employments since 2007, BLS data

Posted on June 23, 2015 | 54 comments

Economic Policy Institute labor market report leaves out important facts, May to Feb 2015 and Dec 2007 comparisons, Hispanic Latinos big gains in employment, White Americans down almost 2 million employments since 2007, BLS data

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

From the Economic Policy Institute June 19, 2015.

“The Bureau of Labor Statistics’ May State Employment and Unemployment report showed most states continued on the generally positive—albeit somewhat unremarkable—track they’ve been on for the past year. Since May of 2014, all but one state (West Virginia) have added jobs, and unemployment has fallen in all but five states: Louisiana, North Dakota, South Carolina, South Dakota, and West Virginia. The only slight dark spot in recent trends is that, as with last month’s report, it appears the well of jobs from the oil and gas boom seems to be drying up. In states where growth from the boom has been explosive (North Dakota, Oklahoma), this slowdown still leaves them well ahead of the pack.

From February 2015 to May 2015, 38 states and the District of Columbia added jobs. Nevada (+1.3 percent), Rhode Island (+1.3 percent), and Maine (+1.0 percent) had the largest percentage gains. All three of these states showed some acceleration in job growth in recent months, although none of the three has yet to recover all the jobs they lost in the Recession. From February to May, 11 states lost jobs, with the biggest percentage losses occurring in North Dakota (-1.8 percent), Wyoming (-1.3 percent), and Oklahoma (0.6 percent). For the country as a whole, employment grew by 0.4 percent over the same period.

Unemployment fell in 25 states from February to May, with Washington (-0.9 ppt), Tennessee (-0.8 ppt), and Indiana (-0.8 ppt) experiencing the largest reductions. Washington state and the broader Pacific Region have had impressive labor market improvements over the past year, as Pacific states have increased employment and reduced unemployment faster than any other region of the country.”

Read more:

Steady-as-She-Goes for Most State Labor Markets in May

As far as I am concerned, this is just another lie, i.e., leaving one with a false impression.

Directly from the US Labor Department, BLS.

Hispanic Latino employment rose 147,000 from February to May of 2015 and 3,875,000 since December 2007.

White employment rose 56,000 from February to May 2015 and dropped almost 2 million since December 2007.

Why is no one else reporting this?

Contact Rush, Hannity or anyone else you prefer to get the truth out.

 

54 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Obama immigrant friendly crony friendly economy destroying native born American dreams, Gen X impact, White American jobs decimated, Consumers don’t have money to spend, Higher health care rent food costs and student debt

Posted on June 16, 2015 | 54 comments

Obama immigrant friendly crony friendly economy destroying native born American dreams, Gen X impact, White American jobs decimated, Consumers don’t have money to spend, Higher health care rent food costs and student debt

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

You should know by now that over 30 percent of millennials live with family members due to the horrid jobs situation, higher rent costs and student debt.

Gen X, Generation X, has also been hit by the Obama economy.

From Main St. June 8, 2015.

“Gen X, the leading edge of which will turn 50 next year, with the youngest hitting 35, are facing the reality of their looming retirement prospects. And so far, there is much room for improvement.

Gen X was roiled by the Great Recession, losing nearly half (45%) of their wealth. Now, a new study by Northwestern Mutual reveals that Gen X is compounding that major setback with the poorest financial habits of the four generations surveyed. Most respondents characterized themselves as spenders rather than savers, making them the generation most likely to havemore debt than savings.

Almost four in 10 (37%) admit they do not “at all feel financially secure,” an outlook more pessimistic than any other generation, even the often money-challenged Millennials.”

https://www.mainstreet.com/article/mtv-generation-faces-retirement-wake-up-call

If you have been reading Citizen Wells you know that White Americans have been decimated in the job market since Obama took the White House in January 2009.

As of a few months ago, 75 percent of the employments added went to Hispanics and Latinos.

From Zero Hedge June 11, 2015.

“All of this is cast against a subpar (or perhaps “non-existent” is the better term) economic recovery wherein weak demand has curtailed spending and investment, leading directly to lackluster wage growth. This of course, makes it still more difficult for would-be buyers to make a down payment and indeed it says quite a bit about the state of the economy when homeownership rates continue to hit multi-decade lows even as Fannie and Freddie are now backing loans with down payments as low as 3% while FHA has cut premiums at the same time.

If you’re a millennial, the situation is even more desperate. As we’ve documented extensively, new graduates are having a difficult time finding jobs that are commensurate with their education. College degrees have become so commonplace that they have largely ceased to differentiate candidates from one another and on top of that, many young job seekers are discovering that their $35,000 educations did not provide them with the skills sets employers are looking for. Speaking of $35,000 educations, student loan debt is perhaps the biggest impediment to homeownership for young Americans.

Combine a 14% U-6 unemployment rate for 18-29 year olds with soaring rents and a housing market that’spricing out young adults in many of the nation’s most desirable locales and you have the recipe for historically low homeownership rates for millenials. A new study by The Urban Institute has more on homeownership by age group:”

HomeOwnershipRates

http://www.zerohedge.com/news/2015-06-11/millennials-homeownership-dream-dying

From Zero Hedge June 15, 2015.

“Last week the government reported personal income and spending for April. After months of blaming non-existent consumer spending on cold weather, shockingly occurring during the Winter, the captured mainstream media pundits, Ivy League educated Wall Street economist lackeys, and Keynesian loving money printers at the Fed have run out of propaganda to explain why Americans are not spending money they don’t have. The corporate mainstream media is now visibly angry with the American people for not doing what the Ivy League propagated Keynesian academic models say they should be doing.”

“Despairing mothers, unemployed fathers, impoverished grandmothers, and indebted young people are supposed to feel lucky because they aren’t starving to death like the wretched Greeks. We do have one thing in common with the Greeks. We’ve both been screwed over by bankers and corrupt politicians. Did you know you’ve been given a free ride by your friends at the Federal Reserve? Did you know that zero interest rates and $3.5 trillion of Quantitative Easing (aka money printing) were implemented to benefit you? According to Hilsenrath, the Fed lending money at 0.25% to their Wall Street bank owners, who then allow you to borrow from them at 15% on your credit card, represents a free ride for you. Are the subprime auto loan borrowers, who account for 30% of all auto sales, paying 13% interest getting a free ride?”

Read more please:

http://www.zerohedge.com/news/2015-06-15/consumers-are-not-following-orders

 

 

 

54 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Crony Capitalism, Economy, Employment, Jobs, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Pay to play politics, The Case Against Barack Obama, Unemployment

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Economic Jobs Hunger crisis created by Obama et al, Food Banks increased demand from Hungry Americans, 1.4 million NY City residents rely on food pantries, 37 percent of NY pantries turning away needy, Greensboro Number 1 in food insecurity, Illegals allowed in take jobs and resources

Posted on June 13, 2015 | 67 comments

Economic Jobs Hunger crisis created by Obama et al, Food Banks increased demand from Hungry Americans, 1.4 million NY City residents rely on food pantries, 37 percent of NY pantries turning away needy, Greensboro Number 1 in food insecurity, Illegals allowed in take jobs and resources

“I hear a lot of people say the recession is over, the economy is better … that’s true for many people, but that’s not true for most of those we are serving because the recovery hasn’t reached them yet,”…Clyde Fitzgerald, Second Harvest Food Bank 

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

 

I read and hear the reports almost daily.

The hunger problem in the US and NC, particularly lately in Greensboro, NC.

What I am not reading or hearing much of is the economic and jobs crisis in this country. Except here at Citizen Wells and Zero Hedge.

With a economic and jobs crisis, you are bound to have a hunger crisis.

The national media and local media are reporting the hunger problems. But they won’t give you the truth about the jobs situation and one of the biggest reasons it is so bad. The influx of illegal aliens who have been permitted to stay and work here. Taking jobs from native born Americans and taking taxpayer funds from Medicaid which has consequently taken funds from education in NC.

Quit protecting Obama and gives us the damn truth!

From Zero Hedge June 12, 2015.

“Food Banks In New York Are Running Out Of Food”

“Welcome to the Recovery! Food banks across the US state of New York are running out of food (37% of food pantries say they have had to turn away needy people because they ran out of food), amid falling funds and rising demand from people that have trouble affording food. About 2.6 million people have trouble affording food across New York with about 1.4 million New York City residents relying on food pantries to feed themselves, according to the Food Bank For New York City. But as PressTV reports, contrary to the belief that people visiting food pantries are homeless and jobless, most customers are employed, but are not paid enough money to put food on the table without help.”

http://www.zerohedge.com/news/2015-06-12/food-banks-new-york-are-running-out-food

From the Greensboro News Record June 10, 2015.

“Guide to free meals in Greensboro reveals depth of food insecurity”

“A new booklet has been going around town since April.

Lime-colored. Eight pages thick.

Think of “The Little Green Book: Free Meals in Greensboro” as a weekly planner for the needy.”

“But this article isn’t about the booklet, which lists 30 churches and other sites serving free meals either weekly or monthly.

It’s about what the booklet has revealed: There’s more “food insecurity” in Greensboro than anyone realized.

“People are hungry,” said Dennis Bass, among 225 people waiting downtown Monday night for free turkey sandwiches and chips. “I don’t know how it got to this point.””

http://www.greensboro.com/news/guide-to-free-meals-in-greensboro-reveals-depth-of-food/article_2383d990-0ef4-11e5-9d8e-eb9c2ff86b33.html

Dennis Bass and others, if you had been reading sites like this one and Zero Hedge, you would have a better idea of how it got to this point.

 

From Citizen Wells April 18, 2015.

“Another poll has ranked the Greensboro-High Point metropolitan area as among the hungriest in the country.

Only this time, the Gallup poll commissioned by the Food Research and Action Center in 2014 ranks the area No. 1 for people who had difficulties securing food, based on a percentage of the total population.

North Carolina placed eighth overall, with Mississippi at the top of the rankings. Louisiana was second, followed by West Virginia.”

Greensboro High Point NC top nationwide hunger list, Gallup poll, April 18, 2015, North Carolina eighth overall, 17.2 percent in US reported food hardship, Only top 10 metro area with 25 percent plus reporting food hardship

From Citizen Wells June 10, 2015.

“I have heard all of the arguments about the impact of illegal aliens and that they do jobs that Americans do not want.

This is simple supply and demand economics.

Take the illegals, who are willing to work for lower wages, out of the market and the wages will rise and Americans will fill the void.

An examination of the jobs situation under Obama reveals this.

From Citizen Wells June 3, 2015.

“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.

There was an increase of over 12 million not in the labor force since Obama took office.

The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.

And all of those jobs that Obama bragged about and Janet Yellen and others referred to….

Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!

We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””

https://citizenwells.com/2015/06/10/nc-driving-privileges-for-illegal-aliens-clears-committee-governor-mccrory-opposes-citizen-wells-opposes-immigrants-taking-american-jobs-and-being-rewarded-as-criminals-75-percent-of-obama-jobs-we/

From the Center for Immigration Studies November 2014.

“A key part of the Affordable Care Act is Medicaid expansion for those with low incomes.1 A new analysis of government data by the Center for Immigration Studies shows that immigrants and their U.S.-born children (under age 18) have been among the primary beneficiaries of Medicaid growth.2 The data show that immigrants and their children accounted for 42 percent of the growth in Medicaid enrollment from 2011 to 2013. Immigrants benefited more from Medicaid expansion than natives because a much larger share of immigrants are poor and uninsured. It seems almost certain that immigrants and their children will continue to benefit disproportionately from Obamacare, as they remain much more likely than natives to be uninsured or poor.”

http://cis.org/immigrant-families-accounted-for-42-percent-of-medicaid-growth-since-2011

It turns out that not only have Obama policies impacted jobs for Native born Americans but have also impacted money spent in NC on education due to rising Medicaid costs.

More on this to come.

 

 

 

 

 

67 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, NC, New York, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Obama and Pharmaceutical firms again in cahoots on TPP, Trans Pacific Partnership empowers big pharma, Greater access to and influence over decision making processes around pricing and reimbursement, Drug companies biggest spenders on lobbying

Posted on June 11, 2015 | 21 comments

Obama and Pharmaceutical firms again in cahoots on TPP, Trans Pacific Partnership empowers big pharma, Greater access to and influence over decision making processes around pricing and reimbursement, Drug companies biggest spenders on lobbying

“If you like your health care plan, you’ll be able to keep your health care plan.”…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

 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

From the NY Times June 10, 2015.

“Facing resistance from Pacific trading partners, the Obama administration is no longer demanding protection for pharmaceutical prices under the 12-nation Trans-Pacific Partnership, according to a newly leaked section of the proposed trade accord.”

“It was very clear to everyone except the U.S. that the initial proposal wasn’t about transparency. It was about getting market access for the pharmaceutical industry by giving them greater access to and influence over decision-making processes around pricing and reimbursement,” saidDeborah Gleeson, a lecturer at the School of Psychology and Public Health at La Trobe University in Australia. And even though the section, known as the transparency annex, has been toned down, she said, “I think it’s a shame that the annex is still being considered at all for the T.P.P.”

The annex, which covers pharmaceutical and medical devices, is the latest document obtained by The New York Times in collaboration with the watchdog group WikiLeaks, and it was released before the House vote on whether to give President Obama expanded powers to complete the Trans-Pacific Partnership.”

“The agreement “will increase the cost of medicines worldwide, starting with the 12 countries that are negotiating the Trans-Pacific Partnership,” said Judit Rius Sanjuan, a lawyer at Doctors Without Borders, a humanitarian organization that provides medical care in more than 60 countries.”

“Pharmaceutical firms and their trade associations have filed by far more lobbying disclosure forms on the Pacific trade negotiations than any other industry, according to the watchdog Sunlight Foundation. More broadly, the pharmaceutical and health product industries have been the biggest spenders on lobbying, and drug company deal-making with the Obama administration and in Congress was instrumental in securing passage of the Affordable Care Act.”

““The leak is just the latest glaring example of why fast-tracking the T.P.P. would undermine the health of Americans and the other countries and cost our government more, all to the benefit of pharma’s profits,” said Lori Wallach, director of Public Citizen’s Global Trade Watch and one of the most prominent voices in the coalition working to scuttle trade promotion authority.”

Read more:

Naw, Mr transparency, Obama, wouldn’t make a deal with the pharmaceutical companies would he?

From Citizen Wells August 23, 2009.

“Internal Memo Confirms Big Giveaways In White House Deal With Big Pharma
A memo obtained by the Huffington Post confirms that the White House and the pharmaceutical lobby secretly agreed to precisely the sort of wide-ranging deal that both parties have been denying over the past week.

The memo, which according to a knowledgeable health care lobbyist was prepared by a person directly involved in the negotiations, lists exactly what the White House gave up, and what it got in return.”

“Critics on Capitol Hill and online responded with outrage at the reports that Obama had gone behind their backs and sold the reform movement short. Furthermore, the deal seemed to be a betrayal of several promises made by then-Sen. Obama during the presidential campaign, among them that he would use the power of government to drive down the costs of drugs to Medicare and that negotiations would be conducted in the open.”

“the White House agreed to:

1. Oppose importation

2. Oppose rebates in Medicare Part D

3. Oppose repeal of non-interference

4. Oppose opening Medicare Part B”

“Here is a CNN report on this backroom deal:

“Obama:Caught Lying Again-Making Back Room Deals with Pharmaceutical Lobbyist”

Obama pharmaceutical memo, Obama lying, White House Deal with pharmaceutical lobby, PhRMA, Internal memo, Pharmaceutical Researchers and Manufacturers Association deal, Lobbyists,Youtube video

21 Comments

Posted in Barack Obama, Citizen News, CitizenWells, drugs, Lies, Medicare, Medicine, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama

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NC driving privileges for illegal aliens clears committee, Governor McCrory opposes, Citizen Wells opposes, Immigrants taking American jobs and being rewarded as criminals, 75 percent of Obama jobs went to Hispanics Latinos

Posted on June 10, 2015 | 17 comments

NC driving privileges for illegal aliens clears committee, Governor McCrory opposes, Citizen Wells opposes, Immigrants taking American jobs and being rewarded as criminals, 75 percent of Obama jobs went to Hispanics Latinos

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

“In December 2014 there were 18 million immigrants (legal and illegal) living in the country who had arrived since January 2000. But job growth over this period was just 9.3 million — half of new immigration.”…Center for Immigration Studies February 2015

 

 

I have been watching in amazement as municipalities around me have for several years been acknowledging ID cards issued by pro immigration groups.

These ID cards have prevented illegal aliens in NC, when stopped by traffic police from being arrested as they should be for being here illegally.

Now the state of NC may be giving illegal aliens more carte blanche as they reside in this state and take jobs from native born Americans (and yes I can prove that).

From WRAL June 9, 2015.

“NC driving privileges for people in US illegally clears committee”

“House Bill 328 would create a “restricted ID” for undocumented residents in North Carolina that would look different from a standard driver’s license. People obtaining one of the permits would need to undergo fingerprinting and background checks and prove their identity. Driving privileges would be attached to the restricted ID once applicants pass a state driving test and obtain liability insurance coverage.

While the bill cleared committee on a 22-11 vote, the measure is controversial, splitting Republicans in the House who are divided between encouraging people who are on the road anyway to get insurance and those who say the state should not provide public benefits to undocumented workers.

“What we want to do in this undocumented community is to separate those who are engaged in criminal activity from those who otherwise are not engaged in unlawful activity,” said sponsor Rep. Harry Warren, R-Rowan.

“I believe they are committing a crime being illegally present in the United States,” said Rep. Bert Jones, R-Rockingham, who dialed in on provisions of the bill that would require someone who obtained one of the new driving privilege cards to be fingerprinted and undergo a background check that would ensure they hadn’t committed any serious crimes.

Gov. Pat McCrory, also a Republican, sent his legislative liaison to the committee Tuesday to express his disapproval as well.

“He is opposed to this bill,” said Ryan Minto. “He (the governor) is concerned with the provision providing driving privileges to people in the country illegally.”

During a committee meeting last week, opponents of the bill tried to do away with the driving privilege provision. That amendment, which would have left mainly punitive measures in the bill, failed.

Warren said the bill was meant to provide both a “carrot and stick” to urge drivers to obtain identification and insurance. Roughly 10 states already offer a similar privilege, Warren said, although North Carolina’s standards for obtaining the card would be more stringent than most.

Warren and other backers of the bill said that immigration is a federal issue, one the United States government hasn’t dealt with efficiently. The result, he said, was an estimated 325,000 undocumented people in North Carolina alone, a situation that has created a hazard on the state’s roads.”

Read more:

http://www.wral.com/nc-driving-privileges-for-people-in-us-illegally-clears-committee/14700178/#S5IIoEFRRXirVBq8.99

I have heard all of the arguments about the impact of illegal aliens and that they do jobs that Americans do not want.

This is simple supply and demand economics.

Take the illegals, who are willing to work for lower wages, out of the market and the wages will rise and Americans will fill the void.

An examination of the jobs situation under Obama reveals this.

From Citizen Wells June 3, 2015.

“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.

There was an increase of over 12 million not in the labor force since Obama took office.

The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.

And all of those jobs that Obama bragged about and Janet Yellen and others referred to….

Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!

We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””

ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell

From Citizen Wells February 11, 2015.

“From the Center for Immigration Studies August 2014.

“An analysis of government data by the Center for Immigration Studies shows that, since 2000, all of the net increase in the number of working-age (16 to 65) people holding a job in North Carolina has gone to immigrants (legal and illegal).
This is the case even though the native-born accounted for 61 percent of growth in the state’s total working-age population.”

Read more:

http://cis.org/all-north-carolina-employment-growth-since-2000-went-to-immigrants

The NC percent of population employed dropped 8.6 percent since 2000!!!

Dr. Ada Fisher is a retired physician and Republican National Committeewoman from NC.

Yesterday by “chance” for the second time in several months, I caught her interview on “Black Issues Forum” on UNC TV.

The timing could not have been better.

Dr. Fisher is for legal immigration and against illegals entering our country.

She warns about the impact of illegal immigrants on black employment.

Watch the interview.

http://video.unctv.org/video/2365372335/

”

https://citizenwells.com/2015/02/11/bls-percent-of-population-working-reveals-hispanic-growth-whites-getting-screwed-no-white-job-gains-in-8-years-dr-ada-fisher-nc-gop-on-immigration-hurting-blacks-26-percent-hispanic-job-growth/

I am for legal immigration and not rewarding those who come here illegally and take advantage of our kindness and in many cases commit other criminal acts and in most cases use our resources at native born Americans’ expense.

 

 

 

 

17 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, NC, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Can Obama keep Blagojevich and Hastert from talking?, Sidley Austin coming to their aid?, Hastert named in Rezko trial, Witness testified Rezko stated that Patrick Fitzgerald would be fired and replaced by Hastert pick, Purple Hotel or other Stuart Levine drug/sex ties?

Posted on June 9, 2015 | 33 comments

Can Obama keep Blagojevich and Hastert from talking?, Sidley Austin coming to their aid?, Hastert named in Rezko trial, Witness testified Rezko stated that Patrick Fitzgerald would be fired and replaced by Hastert pick, Purple Hotel or other Stuart Levine drug/sex ties?

“Maloof, who once helped run some of Rezko’s fast-food businesses, said Rezko told him of Fitzgerald’s replacement: “That they will order the prosecutor to stop the investigation.”
“It is the first time jurors heard an accusation that Rezko worked behind the scenes to oust Fitzgerald.”
“Maloof left the stand without ever invoking Barack Obama’s name, despite previous allegations by prosecutors that he made a straw donation for Rezko to Obama’s Senatorial campaign fund. It is clear that lawyers — and the judge — have been careful not to bring Obama’s name into case, even outside the presence of the jury.”…Chicago SunTimes April 28, 2008

“In both conversations with Obama for America and AKP Message & Media, I explained that on November 6, 1999, I had been introduced to Barack Obama by a friend and that Obama had, in fact, sold me an eight-ball of cocaine and had himself engaged in smoking crack cocaine in my limo on that date and again in my hotel room the following day.”…Larry Sinclair, “Barack Obama & Larry Sinclair Cocaine, Sex, Lies & Murder”

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

“There is enough corruption in Illinois so that all it takes is someone who is serious about finding it to uncover it. If a U.S. attorney is not finding corruption in Illinois, they’re not seriously looking for it.”…Northwestern Law Professor James Lindgren

 

 

Rod Blagojevich and Tony Rezko have been languishing in prison for years for their involvement in Chicago, IL corruption.

Obama was involved in much of the same corruption but he has been occupying the White House.

It doesn’t seem quite fair, does it?

Blagojevich and Rezko know plenty about Obama’s involvement in corruption, drug use and probable down low sexual activity.

I am willing to bet that Dennis Hastert does too.

HastertBlagojevich

From comments and emails in 2008 by a Chicago restaurant owner.

Comment May 1, 2008.

“As the Chicago-area chef and restaurateur mentioned in this posting, I’ve already provided information to Larry Sinclair’s attorney concerning the several dozen (at least) gay men who spoke with me about Obama’s sexual proclivities (specifically, his being on the “down low,” as they say). I began hearing these rumors in late 2000-early 2001, and continued to hear them until I closed my restaurant and dropped out of civilized society in 2003. These stories were from apparently unrelated sources, and the details in each, when such details were given, were consistent from story to story: always oral sex only, with Obama as the, well, I suppose “recipient” would be as good a word as any.”

Comment May 24, 2008.

Yes, I do live in the Chicago area. I was a chef/restaurant owner here until several years ago. During that time, I heard from several dozen different Chicagoland gay men that Obama was bisexual. Their details closely correspond with Larry Sinclair’s account. This was several years before Obama’s presidential run… he was simply a local politician, part of the same dark Chicago political machine that makes that of my home area (Washington, DC) seem almost tame by comparison. Back then, all I knew of Obama was that he was an extremely mediocre legislator and was one of the dirtiest campaigners I’ve ever encountered… and I come from a politically involved family, and had previously known many a less-than-clean politician. I’m honestly astonished that anyone considers him capable of leading this country in any direction except down.

Comment June 5, 2008.

“Levine’s the one who’s talking… yet he was silenced in court by the judge, stopped from naming names, including the names of the politicians and powerbrokers who had the “all-night all-male drug parties.” And those he has done his talking to — FBI? Fitzgerald? some we know, some we don’t — haven’t let any secrets slip, either.

They’ve thrown Blagojevich to the wolves… and we both know who he was sacrificed for.”

Email May 6, 2008.

“And as I told you tonight, the only other politician mentioned to me as being on the down low by gay guys from the Chicago area, none other than Denny Hastert… who apparently stepped down from a highly powerful US Senate career after being threatened with being outed for gay activities.”

So, there we have it.

Dennis Hastert, who is being investigated for perjury and banking activities tied to alleged gay sex extortion, according to the Rezko trial testimony, was going to help replace Patrick Fitzgerald.

Why and How?

From the Chicago Tribune April 29, 2008.

“Witness says Hastert linked to alleged plot
House speaker would have picked Fitzgerald’s replacement, defendant’s ex-associate claims”

“The name of former U.S. House Speaker Dennis Hastert was added Monday to the roster of political heavyweights linked by witnesses to an alleged plan to dump Chicago’s top federal prosecutor and kill a criminal investigation into a top fundraiser for Gov. Rod Blagojevich.

A witness at the corruption trial of Blagojevich insider Antoin “Tony” Rezko testified that Rezko told him in February 2005 about an effort under way to fire U.S. Atty. Patrick Fitzgerald and replace him with someone more compliant to be hand-picked by Hastert, then the top Republican in the House.

Rezko said the Hastert designee would then “order the prosecutor to stop the investigation,” recalled Elie Maloof, a former Rezko business associate who also testified that Rezko had told him to keep Rezko’s name to himself if he were questioned by authorities because it could damage Blagojevich.”

http://articles.chicagotribune.com/2008-04-29/news/0804280604_1_antoin-tony-rezko-robert-kjellander-house-speaker-dennis-hastert

From True News USA August 27, 2013.

“The Purple Hotel – made famous during the Stuart Levine criminal trial as the hotel that Rezko, Stuart Levine, and Obama attended drug filled gay orgies is set to be demolished”

“Daylong, drug-fueled parties at the Purple Hotel in Lincolnwood and sometimes in Springfield. Snorting crystal meth and “Special K.” Stuart Levine, the star witness at businessman and political fund-raiser Tony Rezko’s corruption trial, told jurors Monday the drugs would make him “euphoric” and lower his inhibitions as he partied all night with five other men.
“I would stay out all night,” said Levine, testifying that he hid his behavior “in order to deceive my family.”

Stuart Levine (inset) testified that he took part in daylong, drug-fueled parties at the Purple Hotel (shown in 2006) in Lincolnwood.”

http://truenewsusa.blogspot.com/2013/08/the-purple-hotel-made-famous-during.html

ObamaLevine

 

Obama known drug use and probable down low.

Citizen Wells August 16, 2012.

Obama 2000 tax return raises questions, Obama drug use left him more or less broke?, Obamas adjusted gross income over 240K, Obama Larry Sinclair Stuart Levine

The law firm of Sidley Austin is representing Hastert.

From Muckety May 20, 2012.

“Obama connection to Sidley Austin still strong

To those outside legal circles, Sidley Austin is probably best known as the Chicago law firm where Barack Obama and Michelle Obama met.

The future president was an intern in 1989. The future first lady was an associate. Barack Obama turned down a job offer at the end of his internship, Michelle Obama left the firm, and the two married in 1992.”

“Two decades later, Sidley Austin is faring well under the Obama administration.

Current and former attorneys at the firm receiving presidential appointments include:

  • Virginia A. Seitz – Seitz was a partner at Sidley Austin before being named assistant attorney general in 2011.
  • Gary Scott Feinerman – A former solicitor general of Illinois and clerk to Supreme Court Justice Anthony M. Kennedy, Feinerman is now a federal judge with the District Court of the Northern District of Illinois.
  • David B. Barlow – A partner at the firm from 2006 to 2010, Barlow is now U.S. attorney for the Utah district.
  • John G. Levi – A current partner and a bundler for the Obama 2008 and 2012 presidential campaigns, Levi chairs the Legal Services Corporation, a governmental corporation that funds legal aid for the poor.
  • Christopher P. Lu – After working as a litigation associate at Sidley Austin, Lu moved to government. He was legislative director to then-Sen. Barack Obama and is now the president’s cabinet secretary.
  • Kathryn B. Thomson – Thomson, who is married to Lu, worked for 19 years at Sidley Austin. She became counselor to Transportation Secretary Ray LaHood in 2009, and was appointed chief counsel of the Federal Aviation Administration in 2012.
  • Michael Strautmanis – Like Lu, Strautmanis worked with Obama before 2009. He was chief counsel and deputy chief of staff during Obama’s stint in the Senate. He previously practiced complex litigation and employment law at Sidley Austin.

Newton Minow, senior counsel at the law firm and chairman of the Federal Communications Commission during the Kennedy administration, has multiple connections to the White House. Minow met Barack Obama through his daughter Martha, who was Obama’s professor. She urged her father to hire the young law student.

As president, Obama appointed Martha Minow, now dean of Harvard Law School, to the Legal Services Corporation. He named another Minow daughter, Mary, to the National Museum Library Services Board.

Sidley Austin has been embraced by Washington in more ways than federal appointments.

The firm has landed federal contracts totalling nearly $12 million since 2009.”

http://news.muckety.com/2012/05/20/obama-connection-to-sidley-austin-still-strong/37071

Anybody smell a rat(s)?

 

 

 

 

 

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Posted in Barack Obama, Blagojevich, Blagojevich trial, Chicago, Chicago machine, Citizen News, Citizens for the truth about Obama, CitizenWells, corruption, Crony Capitalism, down low, drugs, Law firms, Lawyers, Patrick Fitzgerald, Rezko, Stuart Levine, The Case Against Barack Obama, Tony Rezko

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May jobs report and US Labor Dept. BLS reveal most jobs going to immigrants, Zero Hedge article echoes Citizen Wells reporting on White Americans and millennials jobs decimation, Illegal immigrant recovery, 75 percent of Obama jobs went to Hispanic Latinos

Posted on June 7, 2015 | 25 comments

May jobs report and US Labor Dept. BLS reveal most jobs going to immigrants, Zero Hedge article echoes Citizen Wells reporting on White Americans and millennials jobs decimation, Illegal immigrant recovery, 75 percent of Obama jobs went to Hispanic Latinos

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Citizen Wells has been informing and warning you for months about the decimation of jobs for White Americans and millennials and the fact that 75 percent of jobs under Obama went to Hispanics and Latinos.

From Citizen Wells May 12, 2015.

“I have been warning you about the decimation of white American jobs under Obama.

Reported here recently:

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.

The real unemployment rate, that is, real humans not employed, could well be 23 percent.

From Shadow Government Statistics.

“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”

“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.””

Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

Zero Hedge does a great job of reporting the real economy and jobs situation.

I was pleased to find the following.

“The “Illegal Immigrant” Recovery? The Real Stunner In The Jobs Report”

“Traditionally, when it comes to job numbers reported by the BLS’s Establishment (the source of the monthly nonfarm payrolls change) and Household (the source of the monthly unemployment rate data) surveys, there is a substantial discrepancy. However, in May’s far stronger than expected report, the two for the first time were almost identical: the Establishment Survey reported an increase of 280K jobs, while according to the Household survey 272K jobs were added.

Impressive numbers in a month in which only 215K jobs were expected to be added.

There were the usual kinks, of course. Two thirds of all jobs, according to the Establishment survey, were low-paying, low-quality jobs, primarily teachers, retail, temp help and waiters (something even CNBC has been forced to acknowledge):”

May2015Jobs

“There were other curiosities: the vast majority of jobs added in May, over 200K, were in the 20-24 age group, and the number of self-employed workers mysteriously soared by 350K to 10 million.

But the biggest surprise came from Table 7, where the BLS reveals the number of “foreign born workers” used in the Household survey. In May, this number increased to 25.098 million, the second highest in history, a monthly jump of 279K.”

May2015foreign born workers

“Assuming, the Household and Establishment surveys were congruent, this would mean that there was just 1K native-born workers added in May of the total 280K jobs added.

Alternatively, assuming the series, which is not seasonally adjusted, was indicative of seasonally adjusted data, then the 272K increase in total Household Survey civilian employment in May would imply a decline of 7K native-born workers offset by the increase of 279K “foreign borns.”

But while all of these comparisons are apples to oranges, using the BLS’ own Native-Born series, also presented on an unadjusted basis, we find the following stunner: since the start of the Second Great Depression, the US has added 2.3 million “foreign-born” workers, offset by just 727K “native-born”.”

“Note: this article is not meant to side on either side of the illegal immigration debate: the upcoming presidential elections will do enough of that. It merely seeks to fill a gaping hole in economist models which are unable to explain or rationalize why America’s seemingly “booming” jobs recovery, which is “firing on all fours” according to the BLS, is not manifesting itself in either inflationary pressures, or broad economic productivity.”

Read more:

http://www.zerohedge.com/news/2015-06-06/illegal-immigrant-recovery-presenting-most-stunning-number-may-jobs-report

 

 

 

25 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office

Posted on June 5, 2015 | 33 comments

May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Did you know that as of the April jobs report there were over 2.3 million fewer white Americans in labor force since Obama took office?

That there were 316,000 fewer white Americans employed since January?

Only if you have been reading Citizen Wells.

The White House and media have been lying to you.

From Citizen Wells May 12, 2015.

“I have been warning you about the decimation of white American jobs under Obama.

Reported here recently:

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.

The real unemployment rate, that is, real humans not employed, could well be 23 percent.

From Shadow Government Statistics.

“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”

“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.”

UnemploymentRateAlternate

http://www.shadowstats.com/alternate_data/unemployment-charts

Still not alarmed?

From Zero Hedge May 11, 2015.

“Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), and yet despite all of their hard work they still find themselves mired in poverty.  One of the big reasons for this is that we have created two classes of workers in the United States. 

“Full-time workers” are entitled to an array of benefits and protections by law that “part-time workers” do not get.  And thanks to perverse incentives contained in Obamacare and other ridiculous laws, we have motivated employers to move as many workers from the “full-time” category to the “part-time” category as possible.  It may be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or more hours each week.  But to get any kind of a job at all is a real challenge in many parts of the country today.  As you read this article, there aremore than 100 million working age Americans that are not employed in any capacity.  And according to John Williams of shadowstats.com, if the federal government was actually using honest numbers the unemployment rate would be sitting at 23 percent.  That is not an “employment recovery” – that is a national crisis.””

Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

 

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell

Posted on June 3, 2015 | 38 comments

ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Once again the media and the White House will prop up Obama and lie to the American people.

They have not been reporting the real jobs and economy situation in this country.

They especially are not reporting that White Americans have been decimated in the job market under Obama.

Don’t take my word for it. Go to the US Labor Dept. site and look for yourself.

From Market Watch June 3, 2015.

“Wall Street was poised for a positive session on Wednesday, with futures inching higher ahead of private-sector jobs data that could hint at the strength of the closely watched nonfarm-payrolls report.”

“Wednesday’s data: Investors will get a first sense of how the labor market performed in May with the ADP employment report, due at 8:15 a.m. Eastern Time. Economists polled by FactSet expect that 200,000 private-sector jobs were added in the month, up from a disappointing 169,000 in April.

The ADP figure is seen as a bellwether for the top-tier nonfarm-payrolls report due on Friday, although the private-sector data can at times veer substantially from the U.S. government’s report.”

http://www.marketwatch.com/story/us-stock-futures-climb-as-investors-wait-for-adp-jobs-clues-2015-06-03?link=MW_home_latest_news

Even if 200k jobs are added, it does not begin to make up for the massive losses of full time jobs under Obama, especially for White Americans and millenials.

Do not be fooled by the stated unemployment rate.

Jim Clifton, CEO of Gallup accurately called it a big lie.

Most of you reading this know that the economy, i.e., main street is not doing well.

That over 30 percent of millenials live with family members.

From Citizen Wells May 28, 2015.

“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.

There was an increase of over 12 million not in the labor force since Obama took office.

The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.

And all of those jobs that Obama bragged about and Janet Yellen and others referred to….

Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!

We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””

“Millennials are a bit of a mystery to Janet Yellen.

The head of the U.S. Federal Reserve said Tuesday that the behavior of millennials — which typically refers to a generation of people born in the 80s and 90s — has top economists scratching their heads.

“I think we’re just beginning to understand how the millennials are behaving,” Yellen said before the Senate Banking Committee. “They’re certainly waiting longer to buy houses; to get married. They have a lot of student debt. They seem quite worried about housing as an investment. They’ve had a tough time in the job market.”

”

  • The large increases since 2007 in the unemployment and underemployment rates of young college graduates, and in the share of employed young college graduates working in jobs that do not require a college degree, underscore that the current unemployment crisis among young workers did not arise because today’s young adults lack the right education or skills. Rather, it stems from weak demand for goods and services, which makes it unnecessary for employers to significantly ramp up hiring.
  • The long-run wage trends for young graduates are bleak, with wages substantially lower today than in 2000. Since 2000, the real (inflation-adjusted) wages of young high school graduates have dropped 10.8 percent, and those of young college graduates have dropped 7.7 percent.
  • The erosion of job quality for young graduates is also evident in their declining likelihood of receiving employer-provided health insurance or pensions.
  • Graduating in a bad economy has long-lasting economic consequences. For the next 10 to 15 years, those in the Class of 2014 will likely earn less than if they had graduated when job opportunities were plentiful.”

ParticipatioRate25DegreeFredgraph10year

 

I do not know how many jobs would have to be created each month to catch up with the huge losses under Obama.

But remember, many of the so called jobs created were part time and low wage. Another reason the immigrants have fared better.

My best SWAG would be double the current number with a much higher percentage of full time jobs.

Actually I do have the background to calculate a more accurate number but that requires a reliable starting point & getting that number would be a real challenge

38 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, George Orwell, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, The Case Against Barack Obama, Unemployment, US economy

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Blue Cross Blue Shield of NC requests 25.7 percent rate increase for Obamacare plans in 2016, Higher premiums would help offset growing cost of medical services, 2015 rates increased 13.5 percent

Posted on June 2, 2015 | 49 comments

Blue Cross Blue Shield of NC requests 25.7 percent rate increase for Obamacare plans in 2016, Higher premiums would help offset growing cost of medical services, 2015 rates increased 13.5 percent

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year.”…Barack Obama

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

From WRAL June 1, 2015.

“Insurers seek sizable rate increases on Affordable Care Act health plans”

“Blue Cross Blue Shield of North Carolina has asked state regulators for a 25.7 percent average rate increase on individual insurance plans purchased under the Affordable Care Act for 2016.

The request, which still needs to be approved by the North Carolina Department of Insurance, doesn’t include employer-sponsored health plans or to any existing coverage grandfathered in under the federal health care law.

Two other insurers, Coventry Health Care of the Carolinas and United Healthcare, also offer plans through the HealthCare.gov marketplace to North Carolina residents. Coventry, which is merging with Aetna, has asked for an average 18 percent increase, while United submitted a request for an average 12.5 percent increase.”

“Higher premiums would help offset the growing cost of medical services, he said, noting the Blue Cross could revise its request in the next month or so and seek an even larger increase. The company based its current request on 2014 data and wants to collect more information on 2015 costs before deciding on amending its filings with state regulators.

The Affordable Care Act requires that insurers spend at least 80 cents of every premium dollar directly on health care. Blue Cross officials have said the company spends 86 cents of every dollar on care.

Rates for Blue Cross plans on HealthCare.gov increase by an average of 13.5 percent this year.

Getzen also noted that 15 to 20 percent of customers with HealthCare.gov plans canceled their coverage after paying initial premiums and consuming costly medical services.”

Read more:

http://www.wral.com/insurers-seeking-sizable-rate-increases-on-affordable-care-act-health-plans/14682626/

 

49 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Health Insurance, Healthcare bill, Obama, Obama administration, Obama lies, Obama Nation, Obama records, ObamaCare, The Case Against Barack Obama

Tagged , ,