Posts Tagged ‘Bloomberg’

Publius

GOP Debate Open Thread-Updated with Reactions

by Publius

Bloomberg and The Washington Post are scheduled to start trying to smear the candidates at 8pm EDT. Whomever “wins,” the GOP has already lost by allowing their enemies in the press to vet their candidates. Will the other candidates (and the moderators, of course) try to “finish off” Rick Perry or shift their attention to the surging Herman Cain? Will Romney or Cain ever criticize each other? Will Ron Paul still look at Iran and say, “meh, live and let live”?

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Britt Hysen

Virtue vs. Profit: The War on Cancer

by Britt Hysen

The latest breakthrough in cancer treatment could prove to be “the cure” that kills it all, including a $50 billion-a-year industry. Dr. Carl June and his team at The University of Pennsylvania Medical Center have discovered a fresh, yet promising procedure that has leukemia patients marveling and pharmaceutical companies weary.

On August 10, 2011, the New England Journal of Medicine announced that the Alliance of Cancer Gene Therapy funded a clinical trial performed on three patients with the most common type of blood disease, chronic lymphocytic leukemia. The innovation that genetically alters T-cells and infuses them back into the body after chemotherapy has astonishingly decimated over six pounds of cancer in 28 days. All three terminally ill subjects have been in remission for over 10 months with two of the three having no trace of malignant cells, and the other with 75 percent shrinkage in the tumor.

According to the National Cancer Institute, the U.S. alone averages 15,000 new cases of leukemia every year, killing 4,300. The only treatment available is to undergo chemotherapy and radiation to stall the disease, and life-threatening bone marrow transplants to aid in remission. Dr. June said in a telephone interview with Bloomberg, “This is like a bone marrow transplant where the patient is the donor…this might make treatment more widely available with less long-term toxicity.”

His new procedure takes a small sample of the patient’s own T-cells extracted from their blood, and genetically modifies them to recognize cancer cells. They are then mixed with genetically harvested T-cells that have a similar coding to the HIV virus in the sense that they multiply 1000 fold when infused back into the body. Four days after chemotherapy, when the white blood cells are at their lowest and weakest points, the new genetically altered T-cells are given in one dose for three days, and act as replacement “serial killing” cells. Dr. June said of the research, “the results exceeded our expectations quite a bit.” Oncologist at Dana-Farber Cancer Institute, Dr. David Steensma, who wasn’t involved in the study said, “[the army of T-cells] not only has attacked and cleared the field but it’s also set up a patrol to make sure the enemy doesn’t come back.”

So if a potential cure has been found, then why is there a lack of funding for further research and clinical trials? Both the pharmaceutical industry and the government’s National Institute of Health have denied financing this project and many others in the past. An ongoing battle since the 1970s has prevented a cure from obliterating not only a life altering disease, but also that of a lucrative cancer industry.

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Danielle Saul

Free Birth Control: One Small Step for Feminists; One Giant Attack on the Consumer’s Pocketbook

by Danielle Saul

Earlier this week the Obama administration announced that health insurance plans must now be extended to include birth control without copay. These new guidelines for women’s health also include breast pumps, regular “well woman” visits, counseling about HIV and sexually transmitted infections, screening for gestational diabetes, domestic violence counseling and screening, in addition to several other services. For the most part, these new requirements will take effect Jan. 1, 2013.

Health and Human Services Secretary Kathleen Sebelius said, “These historic guidelines are based on science and existing (medical) literature and will help ensure women get the preventive health benefits they need”.

However a recent Fox News article states “generic versions of the pill are available for as little as $9 a month. Still, about half of all pregnancies are unplanned. Many are among women using some form of contraception, and forgetting to take the pill is a major reason.” This shows that even if we offer them free birth control, we have no guarantee they will not get pregnant.

Who will pay to offset the cost of these new “free” services? We all know that nothing is truly free. The rest of us will be forced to pay for these services and premiums all over will be increased. In a Bloomberg editorial they admitted, “The average yearly cost to an insurer of providing full coverage for the entire range of contraceptive methods and counseling services (with no copays or deductibles) is about $40”.

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Reason TV

Reason.tv: Battle for Brooklyn-Eminent Domain Abuse Gone Wild

by Reason TV

The Battle For Brooklyn, a documentary about one man’s fight to stop a private developer from using eminent domain to take his home, recently opened in select theaters in New York City after a successful film-festival run.

In 2003, billionaire real estate developer and New Jersey Nets owner Bruce Ratner decided to move the team to Brooklyn, with the intention of building an arena, an affordable housing project, and bringing desperately needed jobs to the borough of Brooklyn. Ratner’s friend and fellow billionaire, Michael Bloomberg, enthusiastically put the weight of top-down government planning behind the project. That included using the city government’s extensive powers of eminent domain, despite the fact eminent domain is supposed to be used only in cases where development is for public uses such as schools and roads. And despite the fact that the construction of what became known as the “Atlantic Yards” project would displace many thriving businesses and homes.

Graphic designer Daniel Goldstein fought for nearly seven years to keep his home out of the hands of Ratner’s company, Forest City Ratner. Goldstein’s quixotic struggle is the centerpiece of The Battle For Brooklyn.

Reason.tv sat down with co-directors Michael Galinsky and Suki Hawley to discuss eminent domain abuse and political perceptions of their film. Galinsky and Hawley insist their film is not a polemic, but rather an all-too-common story of a single person fighting an injustice against figures whose power and influence drawf his own.

Produced by Anthony L. Fisher. About 4.40 minutes.

Go to http://reason.tv for downloadable versions, and subscribe to our YouTube Channel to receive notifications when new material goes live.

Related video: Billionaires vs. Brooklyn’s Best Bar: Eminent Domain Abuse and the Atlantic Yards Project.

Tom Fitton

Mayor Bloomberg’s Office Spearheaded Drive for Ground Zero Mosque, New Docs Show

by Tom Fitton

In July 2010, Mayor Bloomberg outrageously told reporters it was “un-American” to investigate the individuals behind the Ground Zero Mosque. Now we know why he wanted no one to look into the controversy.

Judicial Watch just obtained a new batch of documents from New York City Mayor Bloomberg’s office that show his office was instrumental in helping radical anti-American Imam Feisal Abdul Rauf, his wife Daisy Khan and their partner Sharif el-Gamal obtain approval for a 13-story massive mosque and “community center” to be built in the shadow of Ground Zero, the site of the 9/11 terrorist attacks.

These documents, which we obtained through open records requests and a related lawsuit, earned widespread press coverage in New York and around the country. (Here’s the New York Observer’s take to give just one example.) They included email correspondence between top officials inside the Mayor’s office and supporters of the Ground Zero Mosque, a project spearheaded by the Rauf-led Cordoba Initiative. The documents were made available to us on December 23. This unseemly Christmas dump is a well-known ploy by politicians to use the holidays to release bad news in the hopes that it will go unnoticed. (It didn’t work this time.)

Here are some of the documents’ key highlights:

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Pamela Geller

Bloomberg Worked Behind the Scenes to Get Ground Zero Mosque Approved

by Pamela Geller

They’re emailing each other?

The New York Daily News reported Thursday that “Mayor Bloomberg’s top deputies went to great lengths to help those trying to build a mosque at Ground Zero – even drafting a letter to the community board for them, newly released documents show. City Hall on Thursday released a flurry of emails between its brass and Feisal Abdul Rauf, the imam pushing to build a mosque near the sensitive site, and his supporters.”

It’s worse than we imagined.

The release of these documents, emails and various exchanges between Mayor Bloomberg’s office and the radical Imam Rauf and his motley crew of Islamic supremacists shows evidence of collusion, inappropriate political support for the Ground Zero mega mosque, and favoritism given to the project.

The newly released documents show that Mayor Bloomberg’s office went to extraordinary lengths for the radicals trying to build a mega mosque at Ground Zero — even writing a letter to the Community Board for them. Is it any wonder that Rauf and his wife Daisy Khan were so confident at the hearings about whether the nineteenth-century building they’re going to tear down to build the mega-mosque should be designated a landmark?

At one of those hearings last May, those in opposition to the Ground Zero mosque were in the vast majority in the audience, and were having none of the nonsense being served up by the Community Board itself. From the very beginning the board was only presenting pro-mosque speakers, from elected officials to board members – although I was allowed to speak early after writing on my card that I wanted to speak about “outreach.” After I spoke, they closed the public remarks down for about an hour. After the lopsided vote in favor of the mosque, printed remarks were distributed from the Manhattan Borough President congratulating the Board for its vote.

How did he know how the Board would vote? Was the fix in from the start? The newly released emails certainly give that impression.

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Warner Todd Huston

Lobbyists Give Millions to Dems As Obama Smears ‘Special Interests’

by Warner Todd Huston

Let’s go back to those hopey-changie days of the Obama campaign for president when he railed constantly against all those “special interests” and evil lobbyists that he claimed were ruining the political process. Let us recall that once elected he claimed he’d have the “strictest ethics rules” of any president ever.

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Obama has made sure that his message has been anti-special interests, anti-lobbyists, anti-business-as-usual… heck just plain anti-business, for that matter. It’s all been quite a show. Unfortunately for all the talk his actions speak to the opposite of his spin — more on that in a moment. But even if President Obama was serious about his anti-lobbyist rhetoric his party has utterly ignored him on the issue.

A recent Bloomberg report reveals that lobbyists have raised $1.5 million for Democrat campaign funds during the first six months of the Obama regime despite Obama’s constant anti-lobbyist refrain. That is far more than the GOP has been able to raise.

As much as Obama rails against the influence held by lobbyists in Washington, candidates rely on them to help fund increasingly expensive campaigns. Reports released today show lobbyists also personally contributed to Democrats including House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid.

Bloomberg reports that just two campaign donation “bundlers” have brought in a combined $860,700 into the coffers of the Democratic Congressional Campaign Committee since Obama took office. The most successful fundraiser, former Pelosi operative Ryan Rudominer, brought in $716,300 from the electric energy lobby while the second highest fundraiser was Tony Podesta. Podesta represents BP oil, among others and brought in $144,400.

Apparently the party at which Obama sits as headman isn’t paying much mind to the boss’ entreaties. More likely, they all know it’s just hokum and hopey-changie jaw-jaw and not really meant to be taken seriously.

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Thomas Del Beccaro

Government: Destroying Your Wealth a Trillion Dollars at a Time

by Thomas Del Beccaro

Recent financial headlines provide a remarkable glimpse into America’s future if we stay on the same track we are now.  From Bloomberg news we learned:  “US Stocks fluctuate amid concerns European debt crisis hasn’t run course.”  Meanwhile, the IMF predicted that the “US national debt will soon reach 100% of GDP.”  Sadly, the World’s, the United States’ and California’s (16% of the US Economy and the 9th largest economy in the world) financial prospects are far worse than those headlines recognize.

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The US economy is nearing $15 trillion in gross domestic product (GDP) per year.   The national debt it carries on the books is nearly that high and will certainly reach it, and far surpass it, within 2 years given the trillion dollar deficits that are predicted as far as the eye can see.  Of course, off the books, in accounting that would make Enron blush, the US government has $75 trillion or more in long term unfunded liabilities.  On a more short term basis consider this: the US Government revenues are running below $3 trillion dollars per year – yet its debt is over $13 trillion and growing.  In other words, the existing US debt is 4 to 5 times its current revenue.

Imagine if you will, if your credit card debt was 4 times your current income and the income you are likely to earn in each of the next 4 years.  There is not a bankruptcy attorney in the country that would not tell you that it is time to declare bankruptcy.  For its part, California is projected to have unfunded liabilities as high as $600 billion or 6 ½ times it current revenues.   Sadly for the US and California taxpayers, bankruptcy is simply not an option.

All of which brings us to the European debt crisis – which has anything but run its course.  Indeed, German Chancellor Merkel said this about the recent bailout of Greece: “We didn’t do more than buy time . . .” to get their collective government houses in order.  Meanwhile, USA Today, whose financial reporting is rather blunt at times, featured this headline: US “Investor fears ignite sell-off.”

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John Loudon

QUESTION AUTHORITY! Take a Stand Against the Man; Buy a Ford

by John Loudon

The late Robert Brewster Loudon, my father, departed this World, just two years ago.  While I hated to lose and deeply miss him, I am so glad he has not had to see what is happening to his Country.  You see, his story is like so many from the Greatest Generation although rather unique.  He survived the Great Depression.  He was drafted into World War II, and spared combat when the Japanese surrendered.  His story is unlike many because in the history of this Country, few people loved the American automobile like my father.

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My father did hands on, ground up restorations on more classic cars than I can count.  He personally founded many car clubs over the years and was a regular at national swap meets and the big annual gatherings.  His personal favorite was always the Kenosha, Wisconsin gathering of the defunct company, American Motors Corporation.  He was pretty widely published and also recognized as one of the best professional car appraisers.  He even raced semi-pro for the SCCA and once set a speed record at Daytona.  He wrote a book on cars that he never published.  I will never forget where the happy tale turns bittersweet.  The man, who ALWAYS believed in buying American, announced to his four boys that he had bought all of us something that will last forever, and always grow in value-General Motors common stock.

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Capitol Confidential

The Bob Corker Bailout Sellout

by Capitol Confidential

While the media and most of the public are consumed by the health care death march, the Senate is deep in negotiations to pass a sweeping re-regulation of the financial sector. As the public knows, ObamaCare is an attempt to regulate 1/6th of the US economy. The financial ‘reform’ proposal, though, will impact the other 5/6ths of the economy. In many respects, the financial services ‘reform’ is much more damaging to the economy and our future competitiveness. Worse, its passage is being aided by Bob Corker.

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Sen. Bob Corker (R-TN) has snatched defeat from the jaws of victory with his complete capitulation and total surrender on the Financial Services bill.  The bill, passed by the House with a $4 trillion bailout provision, making bailouts the permanent policy of the United States government, was on it’s last legs until Corker came to the rescue.  Now the Washington Post and other are reporting that Corker and ethically-challenged, retiring Sen. Chris Dodd (D-CT) are on the verge of a deal to breathe life back into the regulatory and bailout scheme.

Let’s be clear – the President and the hard left want this bill. David Reilly of Bloomberg described the measure as Barney Frank’s $4 trillion gift to the banks. Reilly wrote:

Here are some of the nuggets I gleaned from days spent reading Frank’s handiwork:

– For all its heft, the bill doesn’t once mention the words “too-big-to-fail,” the main issue confronting the financial system. Admitting you have a problem, as any 12- stepper knows, is the crucial first step toward recovery.

– Instead, it supports the biggest banks. It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time Wall Street crashes. So much for “no-more-bailouts” talk. That is more than twice what the Fed pumped into markets this time around. The size of the fund makes the bribes in the Senate’s health-care bill look minuscule.

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Dan Mitchell

My Country ‘Tis of Thee, Sweet Land of Dependency

by Dan Mitchell

If you want to get depressed or angry, the New York Times has an article celebrating the effort by politicians at all levels of government to lure more people into the food stamp program. New York City is running ads in foreign languagues asking people to stick their snouts in the public trough. The City is even signing up prisoners when they get out of jail. The state of New York, meanwhile, actually set up quotas for enrolling new recipients. And on the federal level, there apparently is a program that gives states “bonuses” for putting more people on the dole. No wonder one out of every eight Americans is receiving food stamps.

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By the way, this is not just the fault of Democrats. The ranking Republican on the Agriculture Committee is a big defender of the program, in part because of the sordid pact among urban and rural politicians to support each other’s handouts. And President George W. Bush’s food stamp administrator actually had the gall to assert “food stamps is not welfare.” No wonder the burden of federal spending skyrocketed during the reign of so-called compassionate conservatism.

The correct policy, of course, is to get the federal government out of the welfare business. If Mayor Bloomberg thinks it is a “civic duty” to expand food stamps, he should see whether New York City voters agree with him – and want to foot the bill.

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