corporate welfare

Medicare spending rose an OUTRAGEOUS 5% !eleventy!!one!!!

That is according to the CBO:

Adjusted for timing shifts, Medicare spending rose by $7 billion (or 5 percent).

Of
course this is reason to be outraged at all that government spending
coming out of our pockets, right? Right? Thankfully those fiscally responsible Republicans have come up with the great idea of privatizing Medicare.

Rep. Paul Ryan self-destructively wants to destroy Medicare and Social Security:

He's shilling for Wall Street yet again as he usually
does. He wants to privatize medicare and social security although he
uses words like "vouchers" to mask what he's saying.

While I understand that pointing out a fact like that is called "attacking" their favoritest Republicans evah - and their ideas - by some defenders of the magic free market faerie dust.
And as a moderate liberal I have grown used to the reality of their
victim card being pulled out every time they are so wrong it is almost
embarrassing to enjoin them in debate... But for now, let
us look at how Medicare compares to St. Ronny's vaunted "free market",
the free market that Rep. Ryan wants you to turn to solve all of our
problems
:

The AFL-CIO calls out Anthem Blue Cross and Blue
Shield, which has requested a rate hike of up to 30 percent in
Connecticut, for example, while spending more than $9.5 million on
lobbying activities.
Similarly, UnitedHealthcare recently proposed
a premium increase for its Medicare supplemental insurance while
spending more than $2.6 million on lobbying activities in the first
half of 2009 alone.

Golly... You mean under the
Republican healthcare plan people could get off of Medicare's
outrageous 5% increases in costs and have the privilege of joining the
Free Market's 30% increases? And double their pleasure by giving
Corporate Welfare "vouchers" to the very people that cause 99% of the problems in American healthcare?


Guarding the Gates to Hell

by roxy and avahome

In mythology, Cerberus is the many headed dog that guards the gates to hell.  In modern times, Cerberus is a hedge fund group -- a many headed beast that has been devouring companies at a rapid rate. A hedge fund group with over 16 Billion in assets (as reported here) and allegedly bigger than "Cisco, Coke, Or McDonald's".

Cerberus was founded by Steven Feinberg in 1992 with just a little over 10 million dollars.  The shopping spree started in 2003, with Cerberus more than doubling its assets during a two year period.