Littlebytesnews.com Headlines

Friday, September 24, 2010

Great compilation of this weeks top news headlines concerning Israel,Iran,the US,healthcare,the economy,NK&China!

There is so much happening in our world today it is hard to keep up with all the latest headlines and stories, while trying to maintain your own sanity and interests. I came across this site today with a great compilation of some of this weeks top news headlines.



I wish I had time to post and comment on each of these stories as they all have significant importance in our lives today. However, because of time I will just share my views on a few of them.



The biggest story of the week is probably the UN General Assembly going on in NY this week. Ahmadinejad spoke on Thursday criticizing the US for having responsibility for the 9/11 terrorist attacks, prompting President Obama to respond today. While Obama disagreed with Amadinejad's remarks that the US government had something to do with 9/11, I felt his response was weak and without emotion. Where was the emotion he had when speaking to the Hispanic Caucus this past week, where he told them that Mexican's were here long before America became an idea. While the Indians and some others may have dwelled here they did not unite and become a nation until 1776 when our founding fathers declared us a nation.



Obama's response was political rhetoric designed to motivate and encourage Hispanic voters to stay with the Democrats in the upcoming mid-term elections. In addition, Obama compared Ahmadinejad's remarks on 9/11 being created by the US government with Israel's fear of nuclear war with Iran. I felt this was also an insult to Israel, who has legitimate reason to be concerned with the threats made by Iran and their intent to build a nuclear weapon. The US should be more concerned about this threat, as Iran with nuclear weapons is not only a threat to Israel but the US and other allies.



Everything this administration does is for political reasons and for power. For example, Harry Reid tried to get the DREAM Act passed through the House this week, while adding it to the Military Appropriations Bill, along with a repeal of Don't Ask Don't Tell and abortion funding for the military. Thankfully the Republicans were able to stall this from passing and the bill was filibustered. Unfortunately, military funding is being held hostage by Democrats who hold the majority, rather than the Republicans who would fully support funding our military.



Now, as I understand it, Senator Dick Durbin plans to push a separate bill or amendment to try and pass the DREAM Act possibly before November elections or during the lame duck session in December in order to push their political agenda, as the Democrats are becoming increasingly desperate to get more votes with their dropping poll numbers.



In addition, portions of the new health care reform bill went into effect this week allowing children up to age 26 to remain on their parents health care plans, pre-existing conditions will be accepted, Obamacare REQUIRES consumers to purchase 100 percent coverage for preventive services, and unlimited annual and lifetime coverage;otherwise face a fine of $1,000.00.



However, all that additional coverage comes at a cost. The Department of Health and Human Services projects that just one of these mandates will increase some premiums by nearly 7 percent. Many insurers say the combined effect is 3 percent to 9 percent. Anthem Blue Cross and Blue Shield of Connecticut says these mandates are forcing it to increase premiums for many of its customers by close to 30 percent.



According to the AP, Nearly 4 million Americans will have to pay a penalty if they fail to get health insurance when the mandate of President Barack Obama's health care overhaul law kicks in, according to congressional projections released Thursday.



The penalties will average a little more than $1,000 apiece in 2016, the Congressional Budget Office said in a report.



The vast majority of people paying the fine will be middle class, which would violate Obama's 2008 campaign pledge not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000.



Costs will keep rising. According to the consulting firm Milliman Inc., Obamacare's price controls will increase premiums for young adults by 10 percent to 30 percent beginning in 2014. In addition, many health insurance companies have come out and said they are going to do away with child only policies to save money.



Additionally, a report from Medicare's Office of Actuary report projected that Medicare cuts could drive about 15 percent of hospitals and other institutional providers into the red, "possibly jeopardizing access" to care for seniors.The report's most sober assessments concerned Medicare.



In addition to flagging the cuts to hospitals, nursing homes and other providers as potentially unsustainable, it projected that reductions in payments to private Medicare Advantage plans would trigger an exodus from the popular program. [One of the reasons AARP backed Obamacare, they hope to gain more Seniors as customers as people drop out of Medicare Advantage.] Enrollment would plummet by about 50 percent, as the plans reduce extra benefits that they currently offer. Seniors leaving the private plans would still have health insurance under traditional Medicare, but many might face higher out-of-pocket costs. In another flashing yellow light, the report warned that a new voluntary long-term care insurance program created under the law faces "a very serious risk" of insolvency.



Obamacare, the president now admits, "is going to increase our costs; we knew that." If he knew that, why did he claim his health plan would reduce costs by as much as $2,500 per family? Despicable! No wonder Nancy Pelosi said they had to pass it before we would know what was in it!!



In the end, between health care reform losing the support of a majority of Americans and Obama and the administration losing the support of most Independents, the November elections will prove to be brutal and an awakening for the Obama administration. I look forward to the elections and a promise of change coming as the Republicans try and change the direction of the country, before it is too late!



Amplify’d from themostimportantnews.com

The latest headlines from The Most Important News....

Barack Obama is appealing for global support for his efforts to end the Middle East peace deadlock, warning that "more blood will be shed" if it fails.

Several hours after describing what Israel and the Palestinians are expected to gain from peace in his UN General Assembly address, Jordan's King Abdullah warned that if the settlement construction freeze issue is not solved, a violent conflict could break out by the end of 2010.

Former Israeli Prime Minister Ehud Olmert says that Israel should agree to an international trusteeship in Jerusalem’s Holy Basin, should allow non-Jewish neighborhoods of Jerusalem to serve as the capital of a Palestinian state, and should offer to solve the Palestinian refugee problem within the framework of the Arab peace initiative.

Russia has announced that it is not going to sell Iran a highly advanced anti-aircraft missile system.

A large number of health insurers say that they plan to raise premiums for Americans as a direct result of the health overhaul in coming weeks.

61% of all voters nationwide say the healthcare law will increase the federal deficit.

Endangered Democrats have been forced by slumping poll ratings into campaigning in the midterm elections against health care reform.

Since 2001, approximately 42,400 American factories have closed their doors, and roughly three-fourths of those employed over 500 people while they were in operation.

According to a new study conducted by the Economic Policy Institute, if the U.S. Trade deficit with China continues to rise at its current rate, the U.S. economy will shed over half a million jobs this year.

A total of 27 states reported higher unemployment rates in August, nearly double the 14 that saw increases in July.

U.S. new home sales were unchanged at a 288,000 annual pace in August, matching July as the second-lowest amount ever in data going back to 1963.

An increasing number of Americans are moving into tent cities.

Gold futures rose to a record $1,300 an ounce in New York as investors sought a protection of wealth and an alternative to a weakening dollar.

With the cost of commodities such as wheat and eggs on the rise, food manufacturers are making it clear that they won't be eating the increases alone.

The actual figure of the U.S. national debt is much higher than the official sum of 13.4 trillion dollars given by the Congressional Budget Office, according to analysts cited by the New York Post.

The U.S. dollar has hit a new all-time low against the Swiss Franc.

Is the U.S. banking system on the verge of collapse?

In the United States, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

Barack Obama blasted Iranian President Mahmoud Ahmadinejad on Friday for what he called offensive and hateful remarks about the September 11 attacks.

North and South Korea are on the brink of war, a top Russian diplomat has warned, calling for both countries to exercise restraint and sit down for talks.

North Korean leaders headed by Kim Jong-il's son and heir apparent Jong-un met to discuss disrupting the G20 summit in November in Seoul, Radio Free Asia claimed Wednesday.

The small but escalating conflict between China and Japan just hit a new high, as four Japanese were caught trespassing in a Chinese military zone and videotaping military targets.

Barack Obama says that the "Mexicans" were here "long before America was even an idea".

A new bill in Congress would put U.S. coastal waterways under the control of the United Nations.

The Federal Communications Commission has, as expected, released unlicensed spectrum and it is anticipated that this decision to sell off the so-called "white space" will result in the widespread introduction of Super Wifi, already being trialled across the country. It is the first significant block of spectrum to be sold off in 20 years, and the FCC says it could generate as much as $7 billion in economic value each year.

U.S. lawmakers have introduced legislation that would allow the federal government to quickly block websites anywhere in the world if they are dedicated to sharing copyrighted music or other protected content.

Mercedes and Toyota are bringing new electric cars onto the market that rely on technology from the Californian automaker Tesla.

Witness testimony from more than 120 former or retired military personnel points to an ongoing and alarming intervention by unidentified aerial objects at nuclear weapons sites.

A new bill before the U.S. Senate could put many dietary supplement makers in the United States in prison for ten years.

Children as young as two are now dropping f-bombs, with researchers reporting that more kids are using profanity — and at earlier ages — than has been recorded in at least three decades.

In addition to discontent with out-of-control spending and government expansion, the American Tea Party movement is motivated by a strong devotion to the right to life of the unborn - something that appears to have caught the pro-abortion establishment, including Planned Parenthood, off-guard.

Nearly one in five gay and bisexual men in 21 major U.S. cities are infected with HIV, and nearly half of them do not know it, U.S. health officials said on Thursday.

Florida will immediately stop enforcing its ban on adoptions by gay people following a decision by a state appeals court that the three-decade-old law is unconstitutional, Gov. Charlie Crist said on Wednesday.

Stephen Hawking says that science is going to defeat religion.

Six people in the U.K. have been arrested on suspicion of inciting racial hatred after videos emerged on the internet apparently showing copies of the Koran being burned.

The Koran-burning controversy in the United States has prompted the Islamic bloc at the United Nations to revive its call for the U.N. to set up an "international monitoring mechanism" to track incidents of "Islamophobia".

More than 80 prominent Christian leaders are endorsing a 40-day fast leading up to the midterm elections.

Lastly, at least 100, and perhaps as many as several hundred, Christian pastors on Sunday will speak out on biblical issues and the political candidates on the November election ballot in direct violation of Internal Revenue Service regulations.

Read more at themostimportantnews.com
 

 
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