Posts Tagged ‘Healthcare bill’

How The New Healthcare Bill Will Control Your Big Mac Urges

How The New Healthcare Bill Will Control Your Big Mac Urges

Courtesy of Tom Lindmark at But Then What 

big-mac-extra-value-meal

Joe Weisenthal asks why we didn’t know that embedded in the new healthcare bill is a provision that requires fast food chains throughout the country to post the calorie count of their offerings. To Joe’s credit, he takes some of the blame for the less than stellar analysis that the press offered on this historic piece of legislation:

Granted, the bill was over 2000 pages, so who knows what else is buried in there. But perhaps if the media were a little more interested in content, rather than the daily whip count (guilty) then this could have come up for debate while it was still being voted on.

Really, there was plenty of time for a lot of news organizations with big staffs to parse this bill and point out the gotchas. Joe is on the mark when he says that we ain’t seen nothin’ yet.

Remember, that now the bureaucracy starts writing the rules. The bill was an outline and now someone has to interpret the meaning and intent and transform them into regulation. Will all those bloggers who insist that credit card disclosures be restricted to one page  hold the government to the same standard? I doubt it.

I particularly like this from the NYT article that Joe cites:

“The broader issue is that this firmly establishes the government’s role in improving the nation’s nutrition,” he said.

Something the Founding Fathers forgot to include in the original documents. Glad we finally got it right.

Just the beginning folks. Enjoy the joy ride. 


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The Future After Health Care

The Future After Health Care

By Megan McArdle, The Atlantic 

Regardless of what you think about health care, tomorrow we wake up in a different political world.

Parties have passed legislation before that wasn’t broadly publicly supported.  But the only substantial instances I can think of in America are budget bills and TARP--bills that the congressmen were basically forced to by emergencies in the markets.

P>One cannot help but admire Nancy Pelosi’s skill as a legislator.  But it’s also pretty worrying.  Are we now in a world where there is absolutely no recourse to the tyranny of the majority?  Republicans and other opponents of the bill did their job on this; they persuaded the country that they didn’t want this bill.  And that mattered basically not at all.  If you don’t find that terrifying, let me suggest that you are a Democrat who has not yet contemplated what Republicans might do under similar circumstances.  Farewell, social security!  Au revoir, Medicare!  The reason entitlements are hard to repeal is that the Republicans care about getting re-elected.  If they didn’t--if they were willing to undertake this sort of suicide mission--then the legislative lock-in you’re counting on wouldn’t exist.

Oh, wait--suddenly it doesn’t seem quite fair that Republicans could just ignore the will of their constituents that way, does it?  Yet I guarantee you that there are a lot of GOP members out there tonight who think that they should get at least one free "Screw You" vote to balance out what the Democrats just did.

Read whole article here.>>


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Pelosi Tactic for Health-Care Vote Would Raise Legal Questions

Pelosi Tactic for Health-Care Vote Would Raise Legal Questions

By Greg Stohr at Bloomberg

March 18 (Bloomberg) — House Speaker Nancy Pelosi may be creating new grounds for a court challenge to the proposed U.S. health-care overhaul as she considers using a mechanism that would avoid a vote on the full legislation.

Pelosi said this week she might use a parliamentary technique that would “deem” House members to have passed the Senate’s health-care plan by voting for a more politically palatable package of changes.

Some legal scholars question whether that approach can be squared with the Constitution and the Supreme Court’s 1998 declaration that the two houses of Congress must approve “precisely the same text” before a bill can become a law.

“Any process that does not result in the House taking of yays and nays on statutory text identical to what passed the Senate is constitutionally problematic,” said Jonathan Adler, a professor who runs the Center for Business Law & Regulation at Case Western Reserve University’s law school in Cleveland… more here.>>

See Also Op-Toon’s Review:

With Polls Overwhelmingly Against Them, Democrats Invoke "Louise Slaughter Rule" 

The Slaughter-Rule Massacre 

Associated article: Hoover Institution 
 
 
 

 

 

 

 

 

 


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ValueWalk

China May Not Have Stopped North Korea's Nuclear Program Deliberately

By Mauldin Economics. Originally published at ValueWalk.

The United States and China met to discuss trade issues.

The meeting ended without agreement on anything. The obligatory joint press conference after the talks, where everyone pretends that everything was fine, was canceled.

The only comment came from a US official who said there were frank discussions, which means that the talks were tough and full of threats.

CFTC Denies Asking Renaissance For Code

Trump’s Withdrawal from COP21 Means Nothing: Morgan Stanley

...



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Zero Hedge

Senate Releases Full Text Of "Skinny" Obamacare Repeal Bill, Vote Expected After Midnight

Courtesy of ZeroHedge. View original post here.

With the Senate healthcare vote expected sometime between midnight and 2am, moments ago the full text of the Senate "Skinny" bill which may or may not pass, has been released. Here is the summary version of what is hereby known as the "The Health Care Freedom Act":

  • REPEAL THE INDIVIDUAL MANDATE — Obamacare's individual mandate forced the American people to purchase insurance they frequently didn't want, couldn't afford or actually use. This pla...


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Phil's Favorites

Self-driving cars are coming - but are we ready?

 

Self-driving cars are coming – but are we ready?

Courtesy of Johanna ZmudTexas A&M University and Paul CarlsonTexas A&M University

How will we react when cars start driving themselves? Patramansky Oleg/Shutterstock.com

It’s been 60 years since the cover of Popular Mechanics magazine gave us the promise of flying cars. But our personal mobility options remain, today and ...



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Digital Currencies

"Digital Currencies Are Nothing But An Unfounded Fad" Howard Marks Calls Bitcoin "A Pyramid Scheme"

Courtesy of Zero Hedge

Excerpted from Howard Marks latest memo...

Digital Currencies

The discussion of innovative investments brings me to Bitcoin, Ether and other digital currencies. I’d guess these things have arisen from the intersection of (a) doubts about financial security – including the value of national currencies – that grew out of the financial crisis and (b) the comfort felt by millennials regarding all things virtual. But they’re not real.

Some businesses accept Bitcoin as payment.  Some buyers want to own Ether because it can be used to pay for computing power on the Ethereum network.&n...



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Insider Scoop

PayPal's Q2 Was Strong, But Valuation Has Some Analysts Concerned

Courtesy of Benzinga.

Related PYPL 5 Biggest Price Target Changes For Thursday PayPal Scores Q2 Beat, Analyst Sees More Improvements Ahea...

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Chart School

U.S. Dollar; Triple support test after rare 30-week decline

Courtesy of Chris Kimble

From 2011 to the start of this year, the US$ has been pretty strong, as it rallied nearly 30% in 6-years. Over the past 30-weeks, King Dollar has been rather weak.

Below looks at the US$ over the past 18-years, with 30-week performance applied-

King Dollar has declined over 9% in the last 30-weeks at (1). As one can see, this sharp of a decline in 30-weeks hasn’t taken place a ton of times since the late 1990’s. The decline has the US$ testing the bottom of a 24-month trading range and two rising support lines at the same time at (2...



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Biotech

Biologics: The pricey drugs transforming medicine

Reminder: Pharmboy and Ilene available to chat with Members, comments are found below each post.

 

Biologics: The pricey drugs transforming medicine

Courtesy of Ian HaydonUniversity of Washington

The cells inside this bioreactor are the real pharmaceutical factories. Sanofi Pasteur, CC BY-NC-ND

In a factory just outside San Francisco, there’s an upright stainless steel vat the size of a small car, and it’s got something swirling inside.

The vat is stud...



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OpTrader

Swing trading portfolio - week of July 24th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Members' Corner

Why we need to act on climate change now

 

Why we need to act on climate change now

Interview with Jan Dash PhD, by Ilene Carrie, Editor at Phil’s Stock World

Jan Dash PhD is a physicist, an expert at quantitative finance and risk management, and a consultant at Bloomberg LP. In his thought-provoking book, Quantitative Finance and Risk Management, A Physicist's Approach, Jan devotes a chapter to climate change and its long-term systemic risk. In this article, Ilene interviews Jan regarding his thoughts on climate change and the way it can affect our futu...



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Mapping The Market

The App Economy Will Be Worth $6 Trillion in Five Years

Courtesy of Jean-Luc

This would be excellent news for AAPL and GOOG to a lesser extent although not inconsequential:

The App Economy Will Be Worth $6 Trillion in Five Years 

In five years, the app economy will be worth $6.3 trillion, up from $1.3 trillion last year, according to a report released today by app measurement company App Annie. What explains the growth? More people are spending more time and -- crucially -- more money in apps. While on average people aren't downloading many more apps, App Annie expects global app usership to nearly double to 6.3 billion people in the next five years while the time spent in apps will more than double. And, it expects the...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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