Obama Health Care Law Glitch Opens Medicaid To Millions

Posted By on June 21, 2011

It’s not often the AOL/HuffPo finds fault with Obamacare … but it looks like this costly oversight even has liberal universal healthcare lovers questioning the new law:

President Barack Obama’s health care law would let several million middle-class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed.

The change would affect early retirees: A married couple could have an annual income of about $64,000 and still get Medicaid, said officials who make long-range cost estimates for the Health and Human Services department.

Up to 3 million more people could qualify for Medicaid in 2014 as a result of the anomaly. That’s because, in a major change from today, most of their Social Security benefits would no longer be counted as income for determining eligibility. It might be compared to allowing middle-class people to qualify for food stamps.

Medicare chief actuary Richard Foster says the situation keeps him up at night.

“I don’t generally comment on the pros or cons of policy, but that just doesn’t make sense,” Foster said during a question-and-answer session at a recent professional society meeting.

“This is a situation that got no attention at all,” added Foster. “And even now, as I raise the issue with various policymakers, people are not rushing to say … we need to do something about this.”

Posted via email from RichC’s posterous

LightSquared – Sprint Agree to 15-Year Network Accord

Posted By on June 21, 2011

Looks like a technology change in Sprint’s 4G strategy? The Clearwire 4G / Sprint future is not as ‘clear’ as it once was now that the LTE networks seem to be the path forward. No announcement from Sprint just yet, but Lightsquared seems to be boasting about the billions headed their way from Sprint.

Billionaire Philip Falcone’s LightSquared Inc. reached a 15-year deal with Sprint Nextel Corp. (S) to share network expansion costs and equipment, and to provide high-speed wireless service to the phone company.

Falcone told Harbinger Capital Partners hedge fund investors yesterday about the accord in a letter obtained by Bloomberg News. The companies were discussing a deal valued at as much as $20 billion, people familiar with the matter said earlier this month.

“LightSquared and Sprint will jointly develop, deploy and operate LightSquared’s 4G LTE network,” according to the letter. “Sprint will become a significant customer of LightSquared’s 4G LTE network.”

Posted via email from RichC’s posterous

Current/Olbermann and NPR linked on NPR.org website

Posted By on June 21, 2011

nprcurrentkoad-It probably doesn’t surprise many conservative readers to see Keith Olbermann’s face on the NPR.org website, but I WAS surprised to see ads for the new Olbermann show. I would have thought that management at NPR was using a bit more discretion, so as not to so blatantly hightlight the left-leaning bias suspected of public radio personalities and  the management.

While I understand the need for revenue as taxpayer funding disappears, there are those of us who still enjoy NPR’s indepth stories and reporting … and some of us with open minds were hoping they would steer clear of politically active financers (Soros) and advertising that are overtly left leaning (Countdown with Keith Olbermann) .

nprcurrentkoad_

Trident Iceni 70 mpg biodiesel supercar

Posted By on June 20, 2011

Although I’m a big advocate for diesel power and biodiesel fuel, call me at least a little skeptical regarding the boastful numbers …

    US$150,000 Trident Iceni 70 mpg biodiesel supercar set for launch (again) US$150,000 Trident Iceni 70 mpg biodiesel supercar set for launch (again) US$150,000 Trident Iceni 70 mpg biodiesel supercar set for launch (again) US$150,000 Trident Iceni 70 mpg biodiesel supercar set for launch (again)

    At the heart of the sleek Iceni is a modified 550 bhp, GM 6.6 liter, twin-turbo diesel V8 running bio-fuel, and according to previously released info, the Iceni will run to 230 mph, accelerate from 0-60 mph in under four seconds, and deliver 70 mpg at a constant 70 mph. It will also have 100,000 mile service intervals, and is expected to sell for around US$150,000.

     

     

    Posted via email from RichC’s posterous

    Sorry HP, but my enthusiasm is Slip Slidin’ Away

    Posted By on June 20, 2011

    This content is restricted.

    Ten second sound-bite: KT McFarland

    Posted By on June 20, 2011

    Every once in a while I hear short and succinct statements which makes me wonder why politicians in a “United” States of America complicate issues for our country — is there that much disagreement over everything? Not promoting and maintaining one language … English …  as our national language, in the end the lacks commonsense and will end up wasting dollars and costing our country unity. KT McFarland‘s comments this weekend makes the point.

      American Identity KT McFarland 06/19/2011 (mp3)

    Thoughts on the “doing it yourself” of booking travel

    Posted By on June 19, 2011

    A friend of mine and I discussed buying tickets for a couple of upcoming trips which included flights and rental cars this past week and neither one of us were convinced we picked up the cheapest tickets or were able to find decent rates for renting a car in July. airplaneWe bounced our shopping sites and strategies off of each other hoping that one of us has really found the secret to nabbing the best flights, fares and rental car tricks … I don’t think we’ve figured it out yet. My favorite site is still Kayak.com for finding information, but prefer buying from a carrier or rental company on their own sites … and in many cases the ‘discount companies’ are not going to be listed.

    A recent article listed a few tips that you might want to try:

    The No. 1 finding: Avoid booking tickets on weekends. It’s the most expensive time to buy.

    There’s no way to guarantee the best fare. But before booking, travelers should heed this additional advice:

    – Book on Tuesday, Wednesday and Thursday. That’s when airlines most often offer sales.

    – Buy in advance, but not too early. The best time is four to six weeks before traveling. In general, prices for any given flight are highest eight to 10 weeks and two to three weeks in advance.

    – Embrace social media. Airlines are giving more benefits, like exclusive sales, to travelers who interact with them on Twitter and Facebook. Those specials are often gone within hours.

    – The so-called discount airlines – JetBlue, AirTran, Southwest and Frontier – adjust their fares less frequently than other airlines, so you can feel more confident locking in a price. But their prices aren’t always the lowest. Researching multiple airlines’ fares is the only way to get a good deal.

    READ

    Catch a wave you’ll be sitting on top of the world

    Posted By on June 18, 2011

    orcasurfing bodysurfing
    Body and board surfing … who really does it better? (click on images for larger photos)

      Catch a Wave (mp3) — The Beach Boys Summer of 1963

    VW CEO says plug-in hybrids are the future

    Posted By on June 17, 2011

    Volkswagen’s CEO Martin Winterkorn (Germany) is committed to plug in hybrids according to a translation posted:

    I am firmly convinced that plug-in hybrids are the right solution for the next ten years. You can drive 50 to 60 kilometers all-electric and have the full flexibility of an internal combustion engine. The plug-in hybrid will be there for all platforms in the Volkswagen Group. 

     

    Posted via email from RichC’s posterous

    Sprint probably not seeing the HP Palm Pre3 anytime soon

    Posted By on June 17, 2011

    hppre3Well after hearing the latest rumor news from the Precentral blogs (Pre3 on Verizon and AT&T in July), I’m realizing that my days with a Palm Pre are numbered … maybe a good thing since I’ve enjoyed playing with a couple of the new Android phones in recent weeks.

    For now I’m not in a rush to make a change nor am in a rush to make a new contract commitment with any particular carrier. As for a tablet or reader, I’m not rushing either; one of the only reasons I would have considered the HP Touchpad would have been because of its integration with the Pre3. (I did like the iPad though)

    Those new $114 ad supported Kindles or $139 long battery life Nook readers are looking better all the time as a way to carry around some reading material when I travel?

    Desultory - des-uhl-tawr-ee, -tohr-ee

    1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
    2. digressing from or unconnected with the main subject; random: a desultory remark.
    My Desultory Blog