Moody’s Downgrades Outlook for Insurance Industry from Stable to Negative, Thanks to ObamaCare … Changes Have Unsettled the Marketplace: Warns of ‘Unstable and Evolving Regulatory Environment’

Barack Obama ultimate plan … destroying the current insurance industry and creating a government run single payer system …

Thanks to Barack Obama, Democrats and Obamacare, the United States health insurers have been damaged causing Moody’s credit rating agency to downgrade the industry from stable to “NEGATIVE”.  But wasn’t Obamacare supposed to be so much better than what the insurance industry was offering? Wasn’t Obamacare supposed to sign up the so-called 50 million uninsured Americans? But was that really what Obamacare was supposed to do? How could a plan be so botched, so poorly implemented and so poorly thought out, without it being intentional? Moody’s said, that the “Notably, new regulations and presidential announcements over the last several months with respect to the ACA have imposed operational changes well after product and pricing decisions had been finalized” have unsettled the insurance marketplace.

Isn’t this amazing, the community agitator, elected president is causing chaos, what a shocker.

Obamacare creating an unstable insurance environment … Intentional or Unintentional, you make the call

“I happen to be a proponent of single payer, universal health care plan.”
“That’s what I would like to see. But as you know we may not get there immediately.”
Barack Obama

But excitement over the numbers was dampened by Moody’s, which downgraded its outlook for U.S. health care insurers from “stable” to “negative,” citing uncertainty stemming from Obamacare.

The White House has changed the playing field on the fly in recent weeks to ameliorate the consequences of the law, after an estimated 4 million to 5 million Americans lost existing plans that did not comply with Obamacare standards. The move came on top of other last-minute changes, such as a decision in July to delay the so-called employer mandate from 2014 to 2015, or after the midterm elections.

Moody’s said those changes have unsettled the marketplace.

“While all of these issues had been on our radar screen as we approached 2014, a new development and a key factor for the change in outlook is the unstable and evolving regulatory environment under which the sector is operating,” Moody’s said. “Notably, new regulations and presidential announcements over the last several months with respect to the [Affordable Care Act] have imposed operational changes well after product and pricing decisions had been finalized.”

As PJ Media says, Lawlessness has consequences.

Five Mobsters Arrested Three Decades After the 1978 Lufthansa Heist at JFK Made Famous in the Movie ‘GoodFellas’ (Update: Bonanno Crime Family Suspect Vincent Asaro, Jerome Asaro, Thomas DeFiore, John Rigano & Jack Bonventre Arrested)

Five men believed to be reputed mobsters associated with New York’s Bonnano crime family have been arrested Thursday in connection with the 1978 Lufthansa heist at JFK  International Airport. The “heist” was made famous in the 1990 movie. ‘GoodFellas’. Huh, I would have thought at this point either those involved in the multi-million dollar heist would have died of old age or been whacked for their involvement in the crime. Many of those who took part in the crime turned up dead to keep their silence. Mastermind of the heist James “Jimmy the Gent” Burke was a member of the the Lucchese crime family and died in prison in 1996. However, it would seem that Jimmy the Gent had some secrets in the basement of his home, now owned by his daughter.

Original VIDEO from NBC of the 1978 Lufthansa Heist

VIDEO – NBC

Five men believed to be mobsters were taken into custody on Thursday on charges of murder and other crimes linked to an long-unsolved 1978 Lufthansa heist at New York’s John F. Kennedy International Airport, an FBI spokeswoman said.

The arrests in the three-decades-old crime, made famous by the 1990 film “Goodfellas,” were the result of an FBI search last summer at the New York home of James “Jimmy the Gent” Burke, said FBI spokeswoman Kelly Langmesser.

Burke, the suspected mastermind of the heist, died in prison in 1996 while serving time for the murder of a drug dealer. Robert De Niro played a character based on Burke in the film.

Those arrested were Bonanno family suspects Vincent Asaro, Jerome Asaro, Thomas DeFiore, John Rigano and Jack Bonventre.

Vincent Asaro

File this one under, better late than never … Arrests Made in Cold Case Investigation, Including ’78 Lufthansa Heist.

The investigation looked at numerous crimes, some predating even the airport heist, including a homicide committed in the late 1960s. The federal investigation first became public in June, when F.B.I. agents descended on a home in the South Ozone Park neighborhood of Queens and began digging in the basement, soon finding human remains, the person familiar with the investigation said.

The property was owned by the daughter of the late James (Jimmy the Gent) Burke, the underworld figure whom investigators have long suspected of masterminding the Lufthansa theft.

One of the men who has been arrested, Vincent Asaro, 78, is expected to face charges in connection to the airport robbery, according to a second person familiar with the investigation. It is not immediately clear what investigators believe to have been his role.

The other men under arrest are not accused of that particular crime.

Gallup: 65% of Americans Dissatisfied With the Size and Power of the Federal Government … Americans Fed Up with Obama and Big Govt Liberalism

According to the most recent Gallup poll, not only are an overwhelming number of Americans dissatisfied with how the US federal government works, they are also extremely dissatisfied with the size and the power of the government as well.  Two-thirds of Americans, or  66%,  are unhappy with the size and power of the federal government. This is a direct repudiation of liberalism and Nanny state, Big government under Barack Obama.  No greater disapproval of the people of Big government and federal powers run amok are scene by the very existence of Obamacare, its failed roll-out and failed promises. Of course there is also the IRS and NSA scandals that Americans see as the feds having far too much power as well.

Chart via Gallup

Sixty-five percent of Americans are dissatisfied with the nation’s system of government and how well it works, the highest percentage in Gallup’s trend since 2001. Dissatisfaction is up five points since last year, and has edged above the previous high from 2012 (64%).

One reason Americans are dissatisfied with how the government system is working is that they believe it is too big and powerful. Two-thirds of Americans (66%) are unhappy with the size and power of the federal government. These views potentially hamper President Barack Obama’s ability to propose large-scale government solutions in his State of the Union speech next week. However, this problem is not a new one for the president. Roughly two-thirds of Americans have expressed this view consistently since at least 2011, after the measure jumped a full 10 points between 2008 and 2011.

I doubt whether Americans want a different form of government like a monarchy or socialism, what they want is a competent and effective Republic in the manner in how Our Founding Father’s envisioned. Americans do not want an elitist government class who are out of touch with the people. As stated at The Politico, 53% of registered voters in a Quinnipiac poll do not believe that the Barack Obama administration has been competent in general.

American voters give President Obama a negative 40 – 54 percent approval rating, compared to 41 – 53 percent January 8, and 38 – 57 percent December 10, indications that his plunge has leveled off.

But voters give Obama his lowest grades for their top priorities:

Negative 39 – 56 percent for his handling of the economy;
Negative 36 – 59 percent for his handling of healthcare;
Positive 48 – 41 percent for handling terrorism;
Negative 40 – 49 percent for foreign policy;
Negative 39 – 47 percent for handling Iran.

Daily Commentary – Thursday, January 23, 2014 – Legalization of Marijuana in Oregon May Have Just Gotten a Boost

• President Barack Obama’s statement that pot is no more dangerous than alcohol could move Oregon voters towards legalization in 2014

Daily Commentary – Thursday, January 23, 2014 Download

Justin Bieber Arrested in Miami Beach for DUI & Drag Racing in a Lamborghini

Justin Bieber in more trouble … Can We Deport Him Back to Canada, Please!

19 year old Justin Bieber was arrested in Miami Beach, Florida for drag racing in a rented yellow Lamborghini and driving while under the influence. According to Beach Police spokesman Sgt. Bobby Hernandez said, the Biebes was arrested just after 4 am on Pine Tree Drive and 26th Street (Map). Bieber failed a sobriety test at the scene and was taken into custody, Hernandez said. The other driver was also arrested. Hmm, what part about the legal drinking age in the United States being 21 doesn’t Bieber quite understand? I am sure the folks that rented Bieber the yellow Lamborghini are thrilled. Justin Bieber was taken to Dade County’s main jail where he will be booked.

WSVN-TV – 7NEWS Miam Ft. Lauderdale News, Weather, Deco

Justin Bieber has been arrested for allegedly drag racing in Miami Beach, Fla., and driving under the influence, the Miami Beach Police Department wrote in a tweet posted on its official Twitter page.

The police told WSVN the 19-year-old Bieber was arrested Thursday just after 4 a.m.on Pine Tree Drive and 26th Street. According to police, he was driving a Lamborghini.

Officials at the Miami-Dade Department of Corrections say Bieber has not yet been booked into jail.

Justin Bieber Arrested For DUI, Drag Racing On Miami Beach.

Bieber’s entourage reportedly used their cars to block traffic on Pine Tree Drive to create a drag strip for the young star, according to CBS4 news partner The Miami Herald. He was arrested at 4:09 a.m. at Pine Tree Drive and 26th Street in a yellow Lamborghini.

“He was pulled over and failed a field sobriety test,” Miami Beach Police Sgt. Bobby Hernandez told the Sun-Sentinel. “He was then taken to the police station to be offered a breathalyzer.”

Test showed that Bieber was under the influence of drugs, Miami Beach Police Chief Raymond Martinez told the Miami Herald.

Bieber was incoherent, had his hands in his pockets and resisted arrest without violence, Martinez told the paper. He also did not have a valid license, the chief said.

Bieber will be taken to Dade County’s main jail where he will be booked.