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NEWS and OPINIONS by BILL STANLEY

Largest Insurer (United Healthcare) Exiting Obama Care In 28 of Its 34 States

(29 Apr 2016) In 2017, the company will remain in only 6 of the 34 states where it sold Obama Care insurance. (Source: 25 Apr 2016 Daily Signal)

Solar Electricity SunEdison Files Bankruptcy

(24 Apr 2016) SunEdison, a renewable energy development company with $16.1 billion in liabilities, filed for Chapter 11 bankruptcy protection. Their stock was over $33 per share in July of last year. Trading was closed on April 21 at $0.34. (Source: 21 Apr 2016 CNBC)

Liberal UC Berkeley Cutting 500 Jobs As It Faces Higher Minimum Wage

(24 Apr 2016) A week after California Gov. Brown signed into law a 50% increase in the statewide minimum wage (from $10 to $15 per hour) by 2022, the Univ. of California Berkeley chancellor sent a memo to employees announcing that 500 jobs will be cut over the next 2 years. The city’s minimum wage is $11. (Source: 22 Apr 2016 Newsmax Finance)

Higher Minimum Wage Resulting In Fewer Jobs

(23 Apr 2016) "California minimum wage hike hits L.A. apparel industry: The exodus has begun" ... This title was for an article in a very liberal newspaper. No problem. Democrats will buy the votes of the unemployed with Medicaid, food stamps, housing assistance, cash welfare, earned income tax credits, subsidized utilities and subsidized transportation. (Source: 16 Apr 2016 Los Angeles Times)

Will 12 Presidents Be Dishonored Because Of Slavery?

(17 Apr 2016) Houston (a slave owner) school district trustees voted to rename 7 district campuses currently named after confederate leaders at an estimated cost of $1.75 million. Similar actions have occurred elsewhere based on the issue of slavery. Will people demand that presidents be dishonored? Will they demand that the Washington Monument and Jefferson Memorial be torn down ... and that they be removed from Mount Rushmore? They both owned slaves while president, as did 6 others. In addition, 4 more owned slaves, but not while president. (Sources: Western Washington Univ. librarian Robert Lopresti, 7 March 2016 Texas Scorecard)

Japanese Brands Lead Car / SUV Sales In U.S.

(27 Mar 2016) In 2015, the top car sales in the U.S. were Toyota Camry (429,000), Toyota Corolla, Honda Accord, Honda Civic and Nissan Altima. The top SUV sales were Honda CR-V (346,000) and Toyota RAV4. The top 3 pickup trucks were Ford F-Series (780,000), Chevrolet Silverado and Dodge Ram. Toyota Prius (hybrid) sales were 114,000, but only 4,000 Toyota Prius Plug-In models were sold. Tesla sold an estimated 27,000 (total for S and X models). (Source: Good Car Bad Car)

Room / House Rentals In S.F. Regulated / Taxed Like Hotels

(27 Mar 2016) If people rent a room or their whole house in San Francisco to vacationers, they have had to register with the City and pay a 14% "hotel" tax. Now, they will also have to submit an itemized list of all the "furniture, appliances, supplies, equipment and fixtures" used in their rentals, specifying the costs and acquisition dates. After the assessor’s office calculates depreciation, their "business personal property" will be subject to a tax of slightly over 1% of its value. (Source: 17 March 2016 San Francisco Chronicle)

Illegal Alien Households Are On Welfare Despite Being Employed

(27 Mar 2016) 57% of illegal alien households get food assistance and 51% get Medicaid. In 2012, 87% of illegal alien households with children benefitted from at least one welfare program. There is a worker present in 95% of illegal alien households. Illegal alien households obviously have low incomes. 820,000 illegal aliens have been arrested, tried and convicted. (Sources: Migration Policy Institute, Center for Immigration Studies, 9 Sep 2015 Breitbart, 14 Mar 2016 Breitbart)

Immigrants And Their Children Have Increased From 6.6% Of Population To 18.9% In 45 Years

(20 Mar 2016) The number of legal and illegal immigrants and their children is 18.9% of the total population, up from 6.6% in 1970. Traditionally, 250,000 immigrants are admitted each year. Since 2000, the number has increased to 1.5 million each year. (Source: Center for Immigration Studies)

Social Security Is A Terrible Retirement Plan

(13 Mar 2016) If my Social Security taxes had been placed in a private account and earned only 4.48% per year, the current monthly income would be equal to the monthly after-tax payment I receive. When I die, my heirs would receive $339,000. Instead, they will receive nothing from Social Security.

34% Of Federal Income Tax Returns Paid No Taxes And Received A Check From The IRS

(11 Mar 2016) In 2013, 44.2% of residents paid no federal income taxes. 33.7% of the returns filed paid no income taxes and received a check from the IRS. (Sources: IRS, 17 Feb 2016 Daily Signal)

45.3 Million Benefit From Food Stamps ... $5.73 Billion Per Month

(8 Mar 2016) In October 2015, there were 45,368,265 food stamp (SNAP) beneficiaries ... cost taxpayers $5.73 billion per month. (Sources: Dept. of Agriculture, 12 Feb. 2016 Washington Free Beacon)

Boeing Lobbied For Corporate Welfare

(8 Mar 2016) The Export-Import (Ex-Im) Bank provides subsidized financing for foreign firms and governments to purchase American exports. In 2015, The Boeing Company spent the most ($21.9 million) in lobbying the Ex-Im Bank. Who benefitted the most from Ex-Im Bank loan guarantees and total financing? Boeing ... 69% and 44% of the totals, respectively. (Source: 9 Feb. 2016 The Hill)

E-85 Is 31% More Expensive Than Gasoline To Drive The Same Distance

(15 Feb 2016) In Dec. 2015, the average price of gas (up to 10% ethanol) sold was $2.35. The price of E-85 (average 70% ethanol) was $3.07, adjusted to reflect the lower energy content. (Source: Feb 2016 Dept. of Energy)

California High-Speed Train Off To Very Slow Start

(15 Feb 2016) In 2008, California voters authorized selling $9.9 billion in bonds for a high-speed rail system that is currently to be 520 miles long at a cost of $68 billion. Only 63% of the parcels needed for the first 29 miles have been purchased. (Source: 7 Feb 2016 Associated Press)

Massachusetts Medicaid Increased 73% In 7 Years

(5 Feb 2016) MassHealth (Massachusetts Medicaid) cost $8.5 billion in fiscal year (FY) 2009 (starting July 1) and is projected to cost $14.7 billion in FY 2016. (Source: Mass Taxpayers Foundation)

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