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View Diary: Hoboken: Why only three blocks were to be destroyed. (55 comments)

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  •  Fact is that all dollars flow from the federal (1+ / 0-)
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    NancyWH

    Treasury. The question is how many layers of middlemen does that dollar have to satisfy before it pays for a shovel going into the ground or a brick being laid. One of the problems I saw with the CRRA dollars was that members of Congress, instead of getting to OK grants, were cut out as beneficial middlemen. The same is true with how the PPACA is organized. Even though private health insurers are middlemen, they are expected to be providing account and record keeping functions and, with their 20% cap on over-head are going to be quite constrained. So, there won't be the profits to flow into investment vehicles that there were in the past. Which means the bankers have yet another thing to complain about AND another reason to turn a deaf ear to Congress critters when they come begging for contributions at election time. Congress has pretty much privatized itself out of inluence by setting up these mandatory programs with their dedicated revenue stream.
    If Christie is withholding dollars to gain some advantage, as has been charged, then he's just doing what Congress critters have been doing all along -- using the appropriations process to secure their incumbency. What the advent of the Taxed Enough Already people tells us is that they managed to piss their own people off and the arrival of 212 freshmen in the House through the last three elections is not a harbinger off good fortune. Democrats may consider the TEA people useless, but they're why the Republican old guard can't get anything accomplished. And then the shutdown revealed for the whole world to see that the Obamacare issue had already been lost because, regardless of the electronic registry problems, the enrollment went right along, if only via the clinics that Bernie Sanders had got into the original PPACA.

    Obamacare at your fingertips: 1-800-318-2596; TTY: 1-855-889-4325

    by hannah on Sun Jan 19, 2014 at 09:49:48 AM PST

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