Rent Seeking

Damned Straight

Schuette fights 'misleading' health care claim, attacks Whitmer's vote cutting AG rate oversight

It had to happen eventually.

The theft by BCBS of Michigan of BILLIONS in taxpayer dollars may now be looked at a little more closely. And all it took was much of that money being used to promote Gretchen Whitmer’s candidacy for governor.

Whitmer,  who’s father once ran Blue Cross, has been working the former insurer-of-last-resort for Michigan for her campaign finances.  Her actions with regard to policy have reflected the cozy connection that has existed between her and the organization that controlled over $4billion in cash reserves as Michigan’s protected underwriter.

Bill Schuette rightly called out Whitmer today for this relationship, raising so many questions about who Gretchen Whitmer has been working for.  Is it the well connected fat cats who run health care policy with billions of taxpayer funded dollars? Or is it the taxpayers, who have seen their premiums skyrocket, and insurance worsen by her actions?

Corruption is real. There is big money in healthcare.  It would be a huge mistake for anyone to assume that because she is a Democrat, that it ain’t about taking the money.

Bill Schuette on Monday:

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A Tax Increase

Misrepresenting reality is apparently the new tool for school

Perhaps it is time for Lansing to actually fix prop A.

The local public school district is trying to sell the renewal of a 2007 bond as not being a tax increase.  Even IF the tax would be zero sans its approval.  Going from ZERO to 3.1 is an increase, yet the radio commercials tell us otherwise.

No wonder each generation is dumber than the last.

PART of the problem may be that the schools have maintenance issues that can only be addressed with new buildings?  When a roof fails, they say the building is done, not because a brick and steel structure is bad, but because the operating money from Lansing is not quite enough perhaps?

I have often remarked that this is like buying a new car when the tires go bad.

The promise of an end to a bond that is USUALLY assigned to a project, is apparently as empty as the young heads full of mush after 13 years in our public schools.   If they cannot get to fourth grade without being able to read, they haven’t a chance in deciphering the political nonsense used to sell us this S*** on a shingle ..quite literally.

Gimme a break TCAPS.

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You do know that whole “The Wall”- thing could’ve stopped all of this (or at the very least significantly reduced it).

So in the latest distraction in our 24-hour News Cycle World, the latest “outrage” is coming from a surprising source?

And just whom that might be, you may ask yourself?

{Click below to learn the answer}

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Quis Solvet? MSU Settles With Nassar Victims For $ 500 Million

Michigan has the least elite elites in the nation

Who exactly is going to pay the $ 500 million that MSU just agreed to pay to 332 victims of Dr. Lawrence G. Nasser?

MSU says they can’t tap their $ 3 billion endowment, which was the focus of former President Lou Anna K. Simon (and why she wasn’t paying any attention to Nassar and Strampel).

This bleed will probably eclipse that of the Flint water fiasco. From the Detroit Free Press:

The settlement, which covers all 332 current claimants, will cost Michigan State $500 million. The school will pay $425 million now and hold $75 million in reserve in case other Nassar victims come forward.

MSU will now work on how it will pay the settlement, MSU spokeswoman Emily Guerrant told the Free Press.

Survivor attorney James White said this is a chance for the survivors to begin to move forward.

“I don’t think they can ever be made whole, but this is a step in the right direction,” he said.

The settlement was announced Wednesday, after the Detroit Free Press published news of the settlement, following two days of closed-door mediation sessions between lawyers for the university and the survivors.

Terms of the settlement are as follows:

• $425 million dollars will be paid to all current claimants

• $75 million dollars will be set aside in a trust fund to protect any future claimants alleging sexual abuse by Nassar

The settlement was approved by the MSU board in a conference call Tuesday night.

I underestimated the costs here by $ 25 million, when adjusted for the additional claimants who have come forward.

Strampel’s cases are not part of this settlement, so there is more bleeding to come.

This disaster is on the Democrats, exclusively.

Michigan has the least elite elites in the nation.

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Blowing Us Away

Only SANCTIONED thievery is allowed in Michigan's cronyism environment.

It wasn’t just Granholm.

Rick Snyder got the ball rolling back not too long after Jennifer Granholm was blushing behind a privacy screen on the dating game, but well before she became our state’s executive Monte Hall.

Rick Snyder was the first CEO of the MEDC, and don’t let this fact escape anyone.

The MEDC has given BILLIONS of dollars to ‘winners’ since its inception in the 90s.  Granholm was certainly more embarrassed however, to find out that it was the MEDC under her watch which gave $9 million to a guy running an international corporation out of a trailer in flint. He just got out of prison.

That guy didn’t really have a business, and he went to jail.  He didn’t create the jobs and suffered penalties for fraud.

Of course there were others who abused the system and also paid.

But then there were others who legitimately, and legally stole from us under Rick Snyder’s creation, have not created those jobs, and none are screaming for heads. (free market minute audio here)

Why do you suppose that is the way its done?

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Rewarding stupidity.

Come and meet the news boss…same as the old boss.

OPM.

Isn’t it grand to not be responsible for money.

Large sums of money, even.

Money that you would’ve thought SOMEONE would’ve learned their lesson after having their fat pulled out of the fire multiple times in the past.

Same characters played by different actors.

{This week’s stupidity players are revealed below the fold}

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Now, how do you suppose HIS name got there???

Politics and corruption are practically synonymous here in Southeastern Michigan.

Recent names (for most readers here, anyways) include such notables like Coleman Young (the first), Kwame Kilpatrick, The (almost) entire Conyers Family, etc.

Excluding VERY rare circumstances, they have been allowed to go pretty much unchecked by state and local officials since there apparently is some “unwritten” rule prohibiting county prosecutors and Attorneys General from investigating fellow politicians, regardless of party affiliation.

No, I don’t get it either.

Fortunately, this hasn’t stopped the Feds though from doing the job that local and state officials have been reticent to do.

I’ve honestly lost track of the number of investigations on Coleman Young (the first). Kwame Kilpatrick will be a guest of the Texas Penal system for at least two-and-a-half decades (obviously pending the outcome of another appeal attempt). Monica Conyers got to relax for several months after spending some quality time in Camp Cupcake. John Conyers got caught literally with his pants down around his ankles.

And then there is this guy???

Now, who is it you may ask?

{Continued below the fold}

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Left Coast Incompetence Will Slow Your Computer Tuesday

Another major triumph of Silicon Valley engineering incompetence.

Microsoft is going to slow down most all Intel 64 bit CPU computers on Tuesday, January 9th, in their regular monthly Windows updates.  This after the corrupt finks at Apple got caught slowing down IPhones just before each new model was released.

Microsoft have to compensate for a fundamental design flaw in Intel’s processor chips which has gone unnoticed for 10 years. Expect a 5% – 30% slow down, depending on your tasks and your specific processor.

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Doing the right thing for the wrong reasons.

“They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - Benjamin Franklin

This piece started off when I was asked for my $0.02 this weekend on something in the local paper (which I freely admit that I do still read), written by someone whom I consider an absolute imbecile (which I’d told my friend on multiple occasions what I thought of this particular writer).

Still, if this wasn’t coming from a friend of mine, it probably would’ve ended differently.

{Post continues below the fold}

 

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It’s The Constitution .. Stupid.

The US Constitution being ignored is not a compelling reason for a Con-Con.

Donald Trump did (with a pen) what we asked for our GOP legislature to do for the last 6+ years of controlling the house.

Whether he realized it or not, he might well have set the tone for examining presidential actions, and more importantly how the bureaucracy interfaces with the public going forward.  Citing the constitution, the Trump administration has declared it will no longer pay for health care subsidies, period.  From ABC news:

”  the White House said the government cannot legally continue to pay the so-called cost-sharing subsidies because they lack a formal authorization by Congress.

However, the administration had been making the payments from month to month, even as Trump threatened to cut them off to force Democrats to negotiate over health care. The subsidies help lower co-pays and deductibles for people with modest incomes.

Halting the payments would trigger a spike in premiums for next year, unless Trump reverses course or Congress authorizes the money. The next payments are due around Oct. 20. “

Unless he “reverses course?”

He cannot reverse course.  It would be as illegal as Obama making the payments in the first place.  In fact, this very act was already preceded by a declaration that the very payment of those subsidies was unconstitutional, not just yesterday, but actually in APRIL of this year by US attorney general Jeff Sessions:

” Sessions said during a Fox News interview that the payments to insurers, which reimburse them for lowering the cost of copays and deductibles for low-income Obamacare customers and are the subject of a House lawsuit, should be appropriated by Congress.

Sessions’ comments come as insurers are concerned whether the Trump administration will continue to reimburse them for the cost-sharing reductions.

Insurers are required under federal law to provide the reductions for Obamacare and have been getting reimbursed by the federal government. They are expected to receive $7 billion this year.

But Sessions said a lawsuit filed by the House against the Obama administration in 2014 “has validity to it.”

The lawsuit argues that the Obama administration illegally bypassed Congress and didn’t get an appropriation for the payments.

Nobody could say they didn’t see this coming.

But where is the Michigan angle you ask?

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