Busting the Climate Change Myth #21: An Engineer's Critique
An Engineer's Critique of Global Warming 'Science'
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An Engineer's Critique of Global Warming 'Science'
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Posted by 1389 at 11:36 PM 0 comments
Labels: graphics, humor, politics, the human condition
Posted by 1389 at 11:05 PM 0 comments
Labels: graphics, humor, the human condition
I wish this were an April Fool's joke, but actually, it is not:
Posted by 1389 at 9:44 PM 0 comments
Labels: corruption, economy, fraud, Obamination
President Obama announces today that he will "allow" oil drilling off the coast of Virginia. AFP Vice President for Policy Phil Kerpen issued the following statement:
"Obama is talking about lifting a nonexistent ban! Bush lifted the executive ban in July 2008, and Congress lifted the legislative ban in October 2008. There is no legal impediment to drilling now, except that the Obama administration refuses to offer leases. So the idea that this is a big concession in exchange for which Congress should jumpstart climate legislation is ridiculous. I'll believe they are really allowing drilling when they actually offer leases. Also, the 50-mile restriction means he is actually ADDING a NEW moratorium on waters inside of 50 miles."
Posted by 1389 at 9:23 PM 0 comments
Labels: economy, fraud, Obamination
Neither a law professor, nor a lawyer:
Posted by 1389 at 8:37 PM 0 comments
Labels: Chicago, corruption, crime, Middle East, Obamination
Posted by 1389 at 7:44 PM 0 comments
Labels: Chicago, fraud, Obamination
US healthcare reform is boon for India outsourcing companies
By Taylor Barnes Taylor Barnes – Thu Mar 25, 10:26 am ET
Mumbai – With 22 pen strokes, President Obama signed into existence not just a historic healthcare reform law but also monumental piles of paperwork: New member registration forms. More claims. Ever-expanding databases. And on top of that, pressure to cut costs.
The bulge in administrative work may look like a nightmare to American insurance firms and government employees. But to outsourcing executives here in India, it’s heaven-sent. A number of Indian companies are already anticipating an increase in workload thanks to Obama's healthcare law.
The addition of 32 million insured Americans is “very significant” for Indian outsourcers, says Ananda Mukerji, chief executive officer of Firstsource Solutions in Mumbai. Companies like his will see “increased opportunities” as US health insurers and hospitals scramble to reorganize to comply with the new law, he wrote in an email to the Monitor.
This extra work will include processing new enrollments, organizing bigger member databases, processing more claims, providing more support services, and managing more revenue, he says.
In particular, outsourcers can expect to benefit from insurers’ need to minimize administrative costs, Mr. Mukerji says, citing a recent Deloitte Center for Health Solutions study showing that up to 41 percent of the cost of a health plan is administrative.
The US healthcare reform offers a "natural extension" of the back-office outsourcing that Indian companies already specialize in, says Tu Packard, a senior economist with Moody's Economy.com.
Outsourcing comes to America But some services in the US healthcare industry cannot be outsourced beyond America's borders due to regulations. That’s one reason major Indian outsourcing firms have set up shop in the United States. In a twist, America's outsourcers are now outsourcing back to America.
In 2008, Bangalore-based Wipro opened a development center in Atlanta that employs 500 people, mostly Americans, and runs a call center for a US healthcare client. Tata Consultancy Services has set up a similar campus with 300 employees near Cincinnati. Infosys is planning a subsidiary in Dallas that will hire locals and seek US government contracts.
Wipro, one of the world's biggest information technology firms with nearly 100,000 employees worldwide, says the new healthcare law dovetails with two of its focus areas: servicing governments and servicing the healthcare industry. "The healthcare reform should translate to more demand," says Rajiv Shah, Wipro's senior vice president for healthcare.
Wipro plans to double its workforce at the Atlanta office by 2013 and open campuses in other cities, says Suraj Prakash, a vice president at the company. “There will be enough work to be done in the US.”
Posted by 1389 at 1:23 AM 0 comments
Labels: economy, Obamination
Posted by 1389 at 3:22 AM 0 comments
Labels: corruption, economy, politics, South Carolina
Hold their feet to the fire!
Get the full-sized image here.
Posted by 1389 at 2:47 AM 0 comments
Labels: blogging, graphics, Obamination, tyranny
Visit The People's Cube for more graphics and satire.
Posted by 1389 at 2:35 AM 0 comments
Posted by 1389 at 2:00 AM 0 comments
Labels: counterjihad, Europe, history, Middle East, tyranny
The 2010 Health Care Act is almost too massive to comprehend. Before I hit the lowlights, a review of what's coming at the end of this year is in order (the expiration of the "Bush" tax cuts):
The 35% marginal income tax bracket moves to 39.6, and the 33% bracket moves to 36%. The 10% and 25% rate brackets disappear entirely (so much for the tax increases only affecting the "rich"). The 15% maximum tax rate on qualified dividends disappears; dividends will be taxed at your highest marginal tax rate beginning in 2011 (and it might be higher than you think beginning in 2013). The 15% is also gone for long term capital gains. (See IRC Section 1 for all changes to tax rates.) The alternative minimum tax "fix" (joke that it was) disappears (IRC Section 55). (If you live in a high tax income tax state, pay lots of real estate taxes , have lots of kids or have lots of unreimbursed employee business expenses, guess what? It's more than possible that your marginal tax rate will increase.) The marriage penalty "fix" goes away (IRC Section 1). The phase-out of the phase-out of itemized deductions (IRC Section 68) and personal exemptions (IRC Section 151; Public Law 107-16, Section 901) goes away if you're a "high income" taxpayer.
Now for more bad news: Beginning in 2013, there's a new .9% tax on wages and self-employment income over a certain threshhold. If you're single and make over $200,000 a year, your taxes will go up. If you're married and you make over $250,000 a year, your taxes will go up (IRC Section 3101). (Think it won't affect you because you're not "rich"?; think again.)
In addition to the new wage/self-employment tax, there's a 3.8% additional tax on net investment income (IRC Section 1411). That's right; every dollar you earn in investment income above the threshholds mentioned in the preceeding paragraph will be taxed at your highest marginal rate AND at 3.8%.
Still think there's no penalty in the Health Care Act for you? (And if you think that, you're obviously ignorant of the tax status of who's employing you.) The Act adds Section 4191 to the Internal Revenue Code: Beginning in 2013, there's a 2.3% excise tax (think sales tax as this cost will be passed on to you) on medical devices. Exceptions include glasses, contact lenses, hearing aids and "common medical devices" (whatever that means).
Oh, and by the way, illegal aliens are exempt from the penalties that take effect in 2014 for failure to purchase health insurance (IRC Section 5000A(d)(3)). (More on the rest of the deadbeats who get health insurance free of charge in a future post.) Of course, that doesn't mean that they still can't avail themselves of emergency room care (it's federal law -- U.S. Code Section 1395dd -- that they can't be turned away), and stick American taxpayers with the bill.
Posted by 1389 at 12:53 AM 0 comments
Labels: economy, Obamination, tyranny
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