Archive for the ‘Small Business’ Category

STATE MEDICAID TAX TRAP

Saturday, May 4th, 2019

 

For those of you who live in North Carolina, scroll down to read the second article on how our Democrat Governor is planning to veto a bill that does not include Medicaid expansion.   Nancy

THE WALL STREET JOURNAL

State Medicaid Tax Trap

The bill for expansion hits business in Rhode Island.

May 3, 2019

Medicaid expansion under ObamaCare was sold as a free federal lunch for the states, but the bill is now coming due. Witness Gov. Gina Raimondo’s plan to tax businesses that employ low-income workers to fund Rhode Island’s booming Medicaid case load. Look for this soon in a state near you.

Ms. Raimondo has proposed a 10% payroll tax on businesses with more than 300 workers for each employee who enrolls in Medicaid. ObamaCare requires businesses with more than 50 full-time workers to offer health insurance and duns employers $3,750 for each employee who purchases a plan on the exchanges with a federal subsidy.

But many low-income private employees sign up for Medicaid because they pay nothing. By contrast, the average family earning below 200% of the poverty line with employer coverage will pay about 14% of income on premiums and out-of-pocket costs, according to the Peterson-Kaiser Health System Tracker. More workers also qualify now because ObamaCare’s expansion increased Medicaid eligibility to 138% of the poverty line.

Medicaid enrollment in Rhode Island has increased 63% since 2014. In 2013 the state projected about 40,610 low-income childless adults would become eligible, yet 119,754 have since signed up. While the feds have picked up most of the tab, state Medicaid spending has also increased by more than 25% since 2013.

Last year 6,428 more people enrolled in Medicaid than Rhode Island estimated and spending tracked nearly $20 million above budget projections—about as much as Ms. Raimondo’s new employer tax would raise. “The biggest part of our budget is Medicaid, over $1 billion a year,” Ms. Raimondo said recently. “The reality is this is a growing cost and you are getting the benefit of an employee with health insurance. To pay a small piece of our cost, I think, is reasonable.”

Another reality is her Medicaid tax would discourage businesses from hiring low-income workers and prompt many to shift jobs to other states or automate work where possible. Employers won’t know whether their workers enroll in Medicaid until they get the state’s tax bill, and some can’t afford to provide even low- or no-cost plans.

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A TALE OF TWO MICHIGANS

Thursday, April 25th, 2019

 

Ever wonder why the Far Left Marxists continually attack religion, marriage and traditional values ?  These traditional values and institutions   are the glue that keeps communities healthy and prosperous.  Marxists  do not want healthy and happy communities.  They want desperate and unhappy people who will be drawn to their siren call of equality for all.     This is an interesting article that  draws a comparison between the prosperous Grand Rapids area of Michigan and the struggling Detroit and Flint, Michigan areas.   Nancy  

THE WASHINGTON EXAMINER

A tale of two Michigans

GRAND RAPIDS, Mich. — Grand Rapids and Detroit are at opposite ends of Michigan. While both cities and their broader environs have been tossed by the rises and falls of the automotive industry, the two ends of the state have generally moved in opposite directions. In the west, Grand Rapids and nearby Holland have thrived. In the east, Detroit and Flint have struggled. At the same time, the rural counties in central Michigan have collapsed, economically and socially.

Why the divergent paths?

If you’ve been to Rust Belt towns — maybe you covered Donald Trump’s 2016 campaign — you’ll be shocked as you drive around Holland and Grand Rapids. The downtowns are bustling. On the outskirts, you’ll find a small manufacturer around every turn. Grand Rapids’ unemployment has been below 4 percent for most of the past year, and it has been below 5 percent for most of the past 5 years. Holland hasn’t seen unemployment above 5 percent since mid-2014.

It’s not that they haven’t had their downturns. Western Michigan has a long reputation as a supplier for the automakers near Detroit. When GM bleeds, the pain is felt at both ends of I-96. But some places bounce back from economic body blows better than other places.

Imagine you’re a business owner in 1983 or 2009. You want to set up a business, and Michigan appeals to you for one reason or another. Statewide unemployment is around 15 percent. Economics would tell you that’s a good thing from the employer’s perspective: A greater supply of available labor means lower wages.

Obviously, employers have chosen Western Michigan over, say, Detroit or Mecosta County. Why?

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FACEBOOK TO BANKS: GIVE US YOUR DATA, WE’LL GIVE YOU OUR USERS !!!!!

Monday, August 6th, 2018

 

I, for one, object !  How about you ?  Nancy

THE WALL STREET JOURNAL

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement

August 6, 2018
Write to Emily Glazer at emily.glazer@wsj.com, Deepa Seetharaman at Deepa.Seetharaman@wsj.com and AnnaMaria Andriotis at annamaria.andriotis@wsj.com

The social media giant has asked large U.S. banks to share detailed financial information about their customers, including card transactions and checking account balances, as part of an effort to offer new services to users.

Facebook increasingly wants to be a platform where people buy and sell goods and services, besides connecting with friends. The company over the past year asked JPMorgan Chase JPM -0.31% & Co., Wells Fargo & Co., Citigroup Inc. -0.14% and U.S. Bancorp USB +0.08% to discuss potential offerings it could host for bank customers on Facebook Messenger, said people familiar with the matter.

Facebook has talked about a feature that would show its users their checking-account balances, the people said. It has also pitched fraud alerts, some of the people said.

Data privacy is a sticking point in the banks’ conversations with Facebook, according to people familiar with the matter. The talks are taking place as Facebook faces several investigations over its ties to political analytics firm Cambridge Analytica, which accessed data on as many 87 million Facebook users without their consent.

One large U.S. bank pulled away from talks due to privacy concerns, some of the people said.

Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on Messenger, a person familiar with the discussions said. The company is trying to deepen user engagement: Investors shaved more than $120 billion from its market value in one day last month after it said its growth is starting to slow.

Facebook said it wouldn’t use the bank data for ad-targeting purposes or share it with third parties.

(more…)

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VIDEO – DAVOS – CEO’S FROM WORLDWIDE COMPANIES TELL TRUMP THEY ARE INVESTING MORE IN THE U.S.

Friday, January 26th, 2018

 

Watch President Trump at a meeting with CEO’s from major companies from around the world as they explain how their companies are going to be investing in the U.S. economy.    Nancy

VIDEO – America First: European CEOs Go One By One To Tell Trump They Are Investing Billions Back In The US

www.weaselzippers.us/372532-america-first-european-ceos-go-one-by-one-to-tell-trump-they-are-investing-billions-back-in-the-us/

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5 ARTICLES ON THE REAL SITUATION IN PUERTO RICO AFTER THE HURRICANE

Sunday, October 1st, 2017

 

 

 

The pictures don’t lie.
Materials are on the dock ready to distribute.
Ships cannot unload more until there’s space on the docks.
Trucks and willing drivers are in short supply.
Mountains with narrow roads will make distribution difficult.
Apparently the mayor has a “history”.
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MY HOME TOWN IS GONE

Wednesday, June 14th, 2017

 

Thanks to Sandra Sauer-Bernard of Virginia  for sharing.  This is a real eye-opening account of how refugee resettlement is changing one small town in New York State.   Nancy

 

 

thermidormag.com/my-hometown-is-gone/

 

My Home Town Is Gone   by Loretta Brady

Hi! This is a blog post I threw together in response to the recent increase in refugee numbers by Trump’s State Department, in order to convey what it is like living in an Islamizing area. I gave a talk at a luncheon a few months ago that was basically relating my story of how my hometown has been Islamized by refugee resettlement. So it makes sense to do a blog post.

I’m from the Utica, NY area. Utica is the city nicknamed by the UN “the city that loves refugees!” Soon every American city will be a city that loves refugees! Get ready! So I would like to tell you what it is like living in an area where the major city is about 25% (or more) refugee, mainly Muslim

I was born in Utica, a “faded industrial town” along the Mohawk River/Erie Canal corridor, and lived there until I was 8-years-old when my family moved to a nearby small college town. I loved living in Utica because there were lots of families on my block, big Catholic families with lots of kids. You could yard-hop, checking out who was available for play. You could bike around the neighborhood. There were block parties in the summer. My grandmother lived up the street. Life was good.

My father and his father were born and lived in Utica, NY. My father was a judge in Utica, like his father before him. The Catholic school my father attended is now a community center for refugees. After I moved back to the Utica area as an adult I used to recite “Full fathom five” to the children as we drove by my father’s former Catholic school. (Nothing of him that doth fade,/But doth suffer a sea change/Into something rich and strange.)

When I had my first child I was living in New York City. Her father and I divorced when she was a baby, and when she was two-years-old, I beat a hasty retreat back home to Upstate NY. There I met my husband. We got married, we had babies (in that order, ahem), and we settled down outside of Utica.

When I moved back home one of the first things I noticed was that an old Methodist church was being converted into a bright shiny white new mosque. The local paper touted this as immense progress and featured a local woman who had attended the church as a child and was positively brimming with joy it was being turned into a mosque. If that is the general sentiment, then it’s odd that my county went for Trump, right? There are at least two mosques in the city now. They just built another.

Where do I start? Utica had always been “the city that loves refugees” but under Obama things accelerated. Muslim immigrants were suddenly in these local bureaucratic positions where they had power over you. This, in what is probably one of the most corrupt states in the union, where the power of the state is everything.

The social worker at my daughter’s school was a Muslim immigrant. I looked for her profile on the school website, I googled her, I could not find information on her background, resume, qualifications, or educational attainments.

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EXITING THE MAD HATTER’S CLIMATE TEA PARTY

Monday, June 5th, 2017

 

Thanks to Charlie Hendrix of Pennsylvania for sharing this extremely informative article.   The U.S. has just dodged a bullet  thanks to President Trump’s decision to withdraw from the Paris Climate Accord !      Nancy

Exiting the Mad Hatter’s climate tea party

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CORDRAY ‘YOU’RE FIRED”

Wednesday, April 19th, 2017

 

The Consumer Financial Protection Bureau was the brain child of Elizabeth Warren.   Nancy
THE WALL STREET JOURNAL

You’re Fired,’ Trump Should Tell Richard Cordray

Under a dubious statute, the CFPB head can be dismissed only for cause—but there’s plenty of it.

April 13, 2017 6:56 p.m. ET

Messrs. Rivkin and Grossman practice appellate and constitutional law in Washington.

The greatest mystery in Washington involves not Russian spies or wiretaps but Richard Cordray’s continued employment as director of the Consumer Financial Protection Bureau. In the face of President Trump’s mandate for change, Mr. Cordray continues the Obama administration’s regulatory crusade against lenders, blocking access to the credit that supports so many small businesses and so much consumer spending.

Why would a president who made a TV show out of firing underlings now suffer a subordinate who refuses to get with the pro-growth agenda he campaigned on? If reports from the West Wing are to be believed, Mr. Trump’s unusual timidity is the result of overcautious legal and political advice.

Mr. Cordray is insulated from presidential control by a New Deal-era innovation: a statutory clause that allows the president to fire an independent agency head only “for cause,” meaning “inefficiency, neglect of duty, or malfeasance in office.” In October a three-judge panel of the U.S. Circuit Court of Appeals for the District of Columbia struck down that restriction as an infringement of the president’s constitutional authority to “take care that the laws be faithfully executed.”

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TRUMP’S TEAM TARGETS FEDERAL REGULATIONS

Monday, January 2nd, 2017

 

thehill.com/regulation/administration/312229-trumps-team-draws-target-on-federal-regulations

thehill.com/regulation/administration/312229-trumps-team-draws-target-on-federal-regulations

Trump’s team draws target on federal regulations

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SIX INSANE THINGS HILLARY SAID IN LAST NIGHT’S DEBATE

Tuesday, September 27th, 2016

 

www.dailywire.com/news/9503/6-insane-things-hillary-said-last-nights-debate-ben-shapiro#modal

6 INSANE Things Hillary Said In Last Night’s Debate
AP Photo/John Locher


BY: BEN SHAPIRO    SEPTEMBER 27, 2016

Thanks to all of the pyrotechnics at the first presidential debate on Monday night – and thanks to Donald Trump’s Chernobyl-style meltdown over his IRS records, his business history, his Iraq war position, and the like – it was easy to overlook the insane proposals put forward by Hillary Clinton.

We shouldn’t.

Video: Fmr. Bush official Carlos Gutierrez endorses Clinton

Hillary openly advocated some of the most radical propositions in American history. Here are six of them.

1. “Profit-Sharing.” Clinton advocated making “the economy fairer.” In promoting that stupid notion – stupid, because mutually consensual exchange is by nature “fair” from any objective point of view – she pushed raising the national minimum wage (throwing thousands out of work) and “equal pay for women’s work” (read: unequal pay for the same work for men). But her truly insane line came next: “I also want to see more companies do profit-sharing. If you help create the profits, you should be able to share in them, not just the executives at the top.” Now, many companies already have so-called “profit sharing” – employees who own stock benefits. On a broad level, all companies have “profit sharing” – you have continued employment because your company earns a profit. You don’t have a share of every dollar of profit earned because you don’t get dinged for every loss. But Hillary seems to be advocating for a full-scale governmental intervention into every business in America – letting the feds decide how much employees should make in every industry. This is, as Dennis Prager pointed out today, economic fascism.
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