JBS CEO Art Thompson's Second Video Analysis for the Week of April 23-29, 2012.
“I think the Affordable Care Act is the single least popular piece of major domestic legislation in the last 70 years. It was not popular when it passed; it’s less popular now. I think the worst thing that could happen to Barack Obama’s reelection campaign would be if he had to spend four months this fall explaining what ObamaCare 2 would look like.”
Passing ObamaCare was a “mistake,” retiring Rep. Barney Frank (D-Mass.) told New York magazine in the course of a wide-ranging interview. President Barack Obama, apparently believing his own campaign hype — an easy thing to do given the adulation heaped upon him by the mainstream media — thought he had a public mandate to enact an overhaul of the healthcare system.
The Food Network broadcast a documentary “Hunger Hits Home” April 14 that exaggerated the level of childhood hunger in the United States by at least a factor of 20.
According to the latest numbers from the federal government’s National Center for Health Statistics, the birth rate among American teens is at its lowest since the mid 1940s. Officials with the reporting agency, part of the Centers for Disease Control (CDC), credited “strong pregnancy prevention messages” for the decrease, and added that use of contraceptives “may have contributed.”
One of the big selling points of the Affordable Care Act (ACA), better known as ObamaCare, was that despite its massive new spending initiatives it would somehow reduce the federal deficit. But a new study by Medicare trustee Charles Blahous finds that absent repeal of major provisions of ObamaCare, the law could add as much as $527 billion to the deficit over the next decade.
The Obama administration is quietly steering about $500 million to the Internal Revenue Service (IRS) to help bolster the President’s healthcare overhaul, despite efforts in the Supreme Court to strike down the law. The half-billion-dollar transfer is only a snapshot of the IRS’s total ObamaCare implementation spending, and it is being siphoned outside of the traditional appropriations process.
If President Obama plans to run against the Supreme Court this fall, he may have some catching up to do. A Rasmussen Reports poll released Monday shows the high court's popularity has shot up since its three days of hearings, March 26-28, on the constitutionality of the health care reform legislation the President promoted and signed in 2010, the Patient Protection and Affordable Care Act.
A federal judge in Minnesota has ruled that a man who “transitioned” to the female gender through a “sex change” procedure is eligible to be carried under the health insurance of the man he “married” in 2005. As reported by the American Independent, “The judge said that because one person is male and the other legally transitioned to female, the couple qualifies as legally married under the state’s Defense of Marriage Act.
Last week, U.S. Attorney General Eric Holder said that he will respond “appropriately” to the demand made by a federal appellate judge that the Justice Department provide him with a written statement reaffirming the department's respect for the authority of the federal courts to declare acts of Congress unconstitutional.