As America’s poorest wait for Social Security checks that may never come on Aug. 3, President Barack Obama will be out celebrating a milestone birthday at a party where tickets cost up to $35,800 each.
Obama has chosen the first day of the potential default to throw his 50th birthday bash, combining it with raising money for next year’s election. His actual birthday is Aug. 4.
Oscar winner Jennifer Hudson is expected to perform at the birthday bash at the historic Aragon Ballroom in Chicago. The event will be one of the president’s biggest fundraisers of the year. Publicity literature featuring a red, white and blue Happy Birthday logo has already been produced.
The event will be “multi-tiered,” the Chicago Sun-Times reported. The Hudson concert would cost $50; admission to the party $200; a premium seat $1,000; a souvenir photo with the president $10,000; and VIP seating and dinner with Obama $38,500.
What gaul. I cannot even believe he would have a fundraiser on DC-Day. Once more, I guess Obama will not be in the Whitehouse. Wonder if the taxpayers are footing the bill for this. After all, we have been paying for his campaigning for 2 ½ years
If there is a default on the national debt, it will be the doing of the teabaggers. President Obama made a proposal of 4 TRILLION in cuts which the House has rejected because it would eliminate tax loopholes for big business, some of whom pay NO TAXES.
The label teabagger was never more appropriate as they suck up to their moneyed masters who financed the astroturf movement. The House is demanding that oil SUBSIDIES.. gifts of government cash to BIG OIL... can not be touched, but they will refuse to raise the debt ceiling so seniors get Social Security on time.
Wonder who the teabaggers work for?
"A big reason Medicare Part D added billions of dollars to the federal deficit is that the law that created Part D forbids the government for negotiating for drug prices. Part D works a lot like Medicare Advantage, which is that it pays private insurance companies to offer prescription drug benefits to seniors. The prices of drugs are negotiated between the insurance companies and the pharmaceutical companies.
By 2007, reports were coming out that Medicare Part D was paying 58 percent more, on average, than the Veterans Administration paid for the same drugs. Part D was a huge giveaway to Big Pharma, which was financed through deficit spending, since the Bushies refused to raise taxes to pay for it..."
Estimates are that the price windfall to Big Pharma is upwards of 2 Billion per year. But to multiply the profits for Big Pharma, Medicaid recipients were moved onto Medicare Part D.
"This year the CBO estimated that if the “dual eligible” beneficiaries were receiving drug benefits under the Medicaid pricing system, over ten years the federal government would save up to $112 billion dollars (see chart on page 54).
Now, for all the hollering Republicans do about how Medicare is going broke, a sensible person would assume they’d jump at the chance to save $112 billion without cutting benefits. However, “sensible” and “Republican” haven’t lived in the same zip code for some time.
A proposal to make this very change was made in the House recently, and for a time many Republicans supported it. Jonathan Cohn describes how House Majority Leader Eric Cantor led a charge against the bill, however. Note that Big Pharma donated $168,000 to Cantor’s re-election campaign in the last cycle. .."
From Barbara O'Brien at Mahablog.com
Will you puhleeeeese pay attention to who these teabaggers are standing up for???!!!!! It's not you and me.
Doug,
No argument here. I was against part d when it was first offered. There was no question it was going to add to the debt because Pharma was going to take advantage of it. Just like the rest of Medicare.
We are halfway to agreement. Please note that Eric Cantor, who is the poster boy for the teabaggers in the House KILLED a proposal to reform the no competitive bidding provision that's a windfall for Big Pharma.
No note needed, thats one of the 7 reasons I eliminated him from the field
Doug, It was the Repubs that put the 4 trillion in cuts on the table, that was less than what they wanted. Obama said yes if they would agree to rasing some taxes. Thats when the Rerpubs said no. Obama never made such an offer
It would have been a great opportunity to raise money for charity. Let's hope at least some of the money will go in that direction.
At the rate he is raising money, maybe he should start raising money to pay the debt off
What you need to do is post where the money is actauly going.
HMMMMM,
Campaign fund raiser.......... Wonder where the money is going? Do I really need to ask?
by Grace Marguerite Williams 10 years ago
What are the 6 ways Obama"care" is a total waste of time, energy, and money where there arehospitals and/or other medical facilities that offer very low cost and/or free health care?The "purpose" that President Obama "intended" for his to be implemented...
by Susan Reid 12 years ago
From that bastion of lamestream liberalism, TIME. Mr. Klein puts it so darned well I couldn't resist posting the whole article. It's not very long. Enjoy!Oh, and as we all know, there WAS no vote today (Thursday). ViewpointRepublicans’ Debt Ceiling Charade Is Downright DangerousBy Joe Klein...
by dutchman1951 12 years ago
...Title should say Raise the Debt, not Deb.. sorry.A facinating Article below. From Huffington Post. Is it a real possibility that President Obama could, or should Bypass and Ignore Congress, If Negotiations fail?Could Obama ignore Congress if they refuse to raise the debt ceiling?...
by Susan Reid 11 years ago
Good for Soledad O'Brien!CNN anchor Soledad O'Brien debunked the pervasive right-wing media falsehood that President Obama "stole $700 billion" from Medicare. Right-wing media have repeatedly claimed that the Medicare savings included in Obama's Affordable Care Act (ACA)...
by Doug Hughes 12 years ago
“Today's tight race in New York's 26th Congressional District has become a referendum on the Republican plan to transform Medicare,” the AP writes. “The western New York district is among the most conservative in the state. Nevertheless, the latest poll shows Democrat Kathy Hochul with a slight...
by Charles Mark Walker 10 years ago
Shouldn't there have been healthcare reform before Obamacare is implemented?Healthcare reform would mean looking into a countless number of things wrong with the system.Yet now we are getting a new insurance that there are so many concerns about. It's like rebuilding an engine without taking it...
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |