How much wealth do the .5 percent hold? Enought to easily wipe out poverty?
Senator Elizabeth Warren has appeared on Hardball, a news program on MSNBC. The impassioned senator has made a strong stand on the fight of rebuilding the middle class with more jobs as well as infrastructures. She is also promoting her new book entitled “A Fighting Chance.”
Senator Warren was challenged by host Chris Matthews to explain how she, as a Democrat, will be able to provide hope to the middle class with “meaningful family-building employment that seems to be gone in so much of the country.”
The senator basically answered all the questions with much conviction: “Well, you know, this isn’t magic,” she replied. “We actually know how to do this. We did this for nearly half a century, coming out of the great depression until about 1980. We made the investment together that helped build opportunity for all of us.”
Warren talked about her life experience, growing up with so little in life and even attending only a local community college. She related: “I went to a commuter college that cost fifty dollars a semester,” she added. “It opened a million doors for me. How could I go to a school that cost fifty dollars a semester? Because I grew up in a America that said, we collectively, all of us, are going to make those investments in education so that any kid, who works hard, who plays the rules, who tries to get out there and make something of herself, is going to have a fighting chance to make that happen.”
Furthermore, Warren blamed the current economic and social problems on Republican “trickle down” policies that are nearly outdated. “We are tired of that, for more than thirty years and it really hasn’t worked. It has cut the legs out from under America’s middle class.” Warren pertained to Republican’s different vision of a stable economy. She mentioned that according to them the richest and the most powerful people keep their money and their power. Only a trickle of money is allowed for everyone else to divide and enjoy. [source]
This week their was an exchange between John Stuart and Texas Governor Rick Perry in which John Stuart exclaimed “Being gay is not a choice, but being a Texas Republican is”
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There is an expected price roll back on 2015 insurance premiums by Molina Healthcare, a health insurance company in Washington State. This is possibly the first instance of a reduced price offer which is ahead of ObamaCare’s second enrollment period. The news was first reported by The Hill.
This would possibly be a 6.8 percent reduction on the average for members that have individual coverage. The move was due to the affordable prices that it provided for 2014 clients which prompted an increase in enrolments from healthy clients and this was the reason that it was able to decrease premiums for next year.
This price reduction could possibly affect the midterm election cycle considering that Republicans are keen on any issue that ObamaCare is actually a disadvantage to Americans. It has also been estimated that premiums for individual plan holders in the state may increase 0.57 percent to a high of 11.2 percent. And there is more good news, two more insurance groups are also interested to bid next year and this may also further reduce the prices for health insurance.
It was also estimated that there are about 5 out of 8 insurers are proposing to reduce their premiums in the small insurance group market and there are more to join in.
Meanwhile there are more expected changes in insurance premiums in other states. Virginia individual insurance markets will increase from 0.5 percent to 15 percent. These figures are according to official filings. And in the Bluegrass State of Kentucky, there are also proposed changes. There will be an increase in the individual market as well but a lone insurer, Humana Health Plan, says that their rates will remain at 16.7 percent. There are more states that are releasing their insurer’s proposed rates for 2015.
It has been noted earlier that treatment for drug addition costs half of incarceration Now Vice has a great article stating that the cartels are now having to face stiff competition for legalized weed in Colorado and Washington.