Tag Archives: Senate

Shouting ‘Baby Killer’ In Congress

To the person who shouted ‘Baby Killer’ in the US House Of Representatives at Congressman Stupak from Michigan. Unless you come forward and own your outburst, you are a COWARD of the highest order.

And the shouter comes forward, sort of.  It’s Rep. Randy Neugebauer from Texas. But his backbone’s jelly-like consistency prevents him from standing up fully.

http://www.youtube.com/watch?v=r5AAon-TpWI&feature=sub

Advertisements

Leave a comment

Filed under Politics

Health Care CEO Misleads Using Numbers

Many opponents of health care reform are throwing numbers around, making it sound like the health care industry is barely profitable. They claim a 2-3% profit margin. It’s a half-truth –that 2-3% is, in fact, the percentage of total revenue, which is different from net return on investment. For example, CNN Business lists fortune 500 industries by profit margin of total revenue.

If I make $2 for every $100 I collect in revenue that’s 2%. But if I make $2 million for every $100 million I collect that also 2%.  If my operating costs are 20% of my gross profit (the insurance company average is about 17%), then in the former example my net profit is $1.60, a 400% return on my $0.40 investment. In the latter example it would be $1.6 million, also a 400% return. In both I keep 80% of the gross. In other words, the health care industry’s revenue is ginormous, and its operating costs are low. There’s tons of wiggle room for profit even with having to pay out medical claims.

No one would stay in any business with a 2-3% net return on investment when CD bank rates are 2.85% for a 5 year certificate. With those numbers a business might as well invest its money and do nothing. The real numbers show that the health care industry’s return on share holder equity is 16%. Not a bad return at all. But if you accept the profit margin lie, then the health care companies must be operating at a major loss, which we know isn’t true.

Leave a comment

Filed under Politics

Louisiana Flooded By Creationism, Public Education Dies

A bill, the Louisiana Science Education Act, which allows the teaching of creationism and other pseudoscientifc ideas in Louisiana’s public schools, has passed through the Louisiana Senate and is awaiting approval by the governor. Read the story.

Shockingly, the bill passed 36-0. Who knew politicians were so pathetically ignorant? Oh Wait. Everyone knew. The power of the bill lies in its vagueness:

[The bill] allows public school teachers to “supplement” their science textbooks with materials of their choosing – leaving a gaping hole for, say, religious or intelligent design content to walk right through.

The creationists failed to stop public schools from teaching evolution, so their new plan is to throw garbage at the students. This way everything stinks. It all has a post-modernistic smell; make creationism and evolution seem equal in the public eye. The bill’s supporters claim:

… the bill is designed to promote critical thinking, strengthen education and help teachers who are confused about what’s acceptable for science classes.

Would they be open to teaching other religions’ creation stories in public schools? I somehow doubt it. How about sorcery and witchcraft? Some religious wackos have insisted on a ban of the Harry Potter books. But why not teach them along side the bible “to promote critical thinking”.   

The bill is a doorway to chaos. Teachers sympathetic to creationism are going to present both creation and evolution, but one more than the other. There’s nothing to stop them from emphasizing creationism. The bill specifically mentions creationism, global warming, and cloning (a.k.a. abortion), three subjects ultraconservative Christians often have a problem with. 

Will the governor sign the bill? More on that at the National Center for Science Education’s website.

 

6 Comments

Filed under Culture Warfare, Politics