Morning Must Reads: December 18

In the News: Fed officials meeting in Washington, Ukraine Prime Minister reaches deal with Russia, and the next Washington fight

  • Share
  • Read Later
Mark Wilson / Getty Images

The early morning sun rises behind the US Capitol Building in Washington, DC.

  • Tech Executives to Obama: NSA Spying Revelations Are Hurting Our Business [Washington Post]
  • Fed Said to Delay Bank Leverage Cap Until Basel Completed [Bloomberg]
  • “Fed officials meeting in Washington on Wednesday face another consequential decision: a close call on whether to start winding down their $85 billion-a-month bond-buying program.At the root of the issue is a long-running debate between Mr. Bernanke and other Fed officials about how much more a central bank can or should do to try to spur an economy that hasn’t been wholly responsive to its efforts.” [Wall Street Journal]
  • Budget Deal Offers a Reprieve From Washington Paralysis [NYT]
  • “The federal government is set to exhaust its borrowing authority on Feb. 7, though the Treasury Department can use accounting gimmicks to stretch its funds a little further. Without a deal to lift the debt ceiling, the U.S. would eventually run the risk of default. Economists and leaders of both parties believe a debt-limit breach would be far more damaging to the U.S. economy than the partial government shutdown that stunted economic growth this fall.” [TIME]
  • Jerry Brown Urged to Run for President, Won’t Rule Out 2016 Bid [LA Times]
  • “The Senate Intelligence Committee has asked the C.I.A. for an internal study done by the agency that lawmakers believe is broadly critical of the C.I.A.’s detention and interrogation program but was withheld from congressional oversight committees.” [New York Times]
  • Obama, Biden, Top U.S. Officials to Stay Away from Sochi Olympics [BuzzFeed]
  • Obamacare Bars Illegal Immigrants—and Sticks Hospitals with the Bill [Atlantic]
  • Congressman Horse Trades for Humane Society [Politico]
  • Surprise Spying Decision Caps the Year of Snowden [Bloomberg]
  • Ukraine PM Hails ‘Historic Deal with Russia [Al Jazeera]
499 comments
La_Randy
La_Randy

The hijacked comments appear no matter how many times I reload the page.

DonQuixotic
DonQuixotic

So I reversed the flow of the comments (oldest first) and I couldn't see any of those comments anymore.

My guess is it's another bug in the system.

fitty_three
fitty_three

Is LF being hacked?

Nonsensical comments from unknown profiles with dates other than Dec 18, 2013 are being substituted in place of the original posts.

DonQuixotic
DonQuixotic

Budget's been passed, for once without all the drama.

barneydidit
barneydidit

This is what the GOP came up with the first time they were exposed for not having an alternative to the ACA- 

The Empowering Patients First Act, or H.R. 3400,

Individuals to choose their health insurance (no mandates)

  • Deductibility of health insurance premiums regardless of who pays
  • Employers to provide flexible health-insurance options to employees
  • Health insurance coverage for low-income families (300 percent of the federal poverty level.
  • Health insurance for high-risk individuals (pre-existing conditions).
  • Sale of health insurance across state lines.
  • Expansion of Health Savings Accounts, or HSAs.
  • Individual membership association health insurance plan.
  • Association Health Insurance Plans.
  • Medical liability limitations (Tort reform)

How great is that!?  All the benefits of the ACA, completely unburdened by that pesky mandate that pays for the entire thing. How were they going to pay for it one might ask?  Well...that's the hard part of the job, so they've put that part off since 2009.

forgottenlord
forgottenlord

@collioure 

He's not that far off from what I expected....but my interpretation of his actions is far less a statement of failure than you would interpret him as being.

DonQuixotic
DonQuixotic

@La_Randy 

I suspect LiveFyre is hiccuping and spam posts from other threads are being dumped here.

DonQuixotic
DonQuixotic

The important thing is my likes remain unsullied.

mantisdragon91
mantisdragon91

@barneydidit 

I love how they keep advocating the sale of insurance across state lines. Like the Health Insurers won't all just flock in mass to the states with the less oversight, and provide even more junk policies than they were pre ACA.

MementoMori
MementoMori

@barneydidit  

"Medical liability limitations (Tort reform)"

Several states have done this and haven't seen the needle move on their healthcare costs.

Meanwhile, medical equip manufactures, big pharma, and incompetent doctors are very happy to not be held accountable for their mistakes. I'm sure their lobbyists are paying the GOP well for that.

fitty_three
fitty_three

@outsider

I just did a full restart and reopening of Firefox.

The one I reposted up here is still there.

fitty_three
fitty_three

@DonQuixotic 

I think they're after you. Another scurrilous attempt on your likes, I bet.

Who knows? Maybe @Pollopawas right:

It might have been Sacred "longstrike" h.

fitty_three
fitty_three

@MrObvious 

More than one. One of DQ's posts were replaced.  Some of collies.  Various profiles are randomly targeted.

ARTRaveler
ARTRaveler

@mantisdragon91 @barneydidit Our state insurance people said that if people were allowed to buy across state lines and had a problem with the insurance, they would have to take the complaint to the state where the insurance was based as our state had no legal right to do anything.


I especially like the Healthcare Accounts.  Nothing says you care like expecting someone living on Walmart wages  (<$20K a year) to be able to sock away a couple of thousand every year out of their savings.  They can probably save that by sleeping in their car and saving rent.

MementoMori
MementoMori

@barneydidit  

The numbers.

MALPRACTICE A TINY PERCENTAGE OF HEALTH CARE COSTS 

One of the principal myths surrounding medical malpractice is its effect on overall health care costs. Medical malpractice is actually a tiny percentage of health care costs, in part because medical malpractice claims are far less frequent than many people believe. 

In 2004, the CBO calculated malpractice costs amounted to “less than 2 percent of overall health care spending. Thus, even a reduction of 25 percent to 30 percent in malpractice costs would lower health care costs by only about 0.4 percent to 0.5 percent, and the likely effect on health insurance premiums would be comparably small.” 

fitty_three
fitty_three

@outsider 

I'm one with the poffing though.  Wish we could earlier when Terry was anklebiting.

fitty_three
fitty_three

@MementoMori 

Washington State rejected tort reform here.  The dire predictions made by the proponents never happened.  Even the doctors who were most rabid about it (we had two neurosurgeons) are still here.

MementoMori
MementoMori

@fitty_three @collioure 

And even if it was true about "unnecessary testing" ratcheting up costs (not that collie ever has any data to back up his BS) that still doesn't explain why states that have enacted tort reform haven't seen their healthcare costs drop. If tort reform made a difference, it would have.

It's like everything else the rightwing does: If it doesn't work, keep trying until it still doesn't work.


fitty_three
fitty_three

@collioure 

No,

The need to make a profit by any means results in untold billions of dollars in unnecessary tests.

FIFY.