Tuesday, October 2, 2012

Romney's Health Plan Leaves 72 Million Uninsured: Study - TPMDC

Mitt Romney?s health care platform would leave 72 million Americans without insurance by the year 2022, according to a new study by the Commonwealth Fund. President Obama?s approach, the researchers found, would mean 27.1 million are uninsured.

The study illustrates a stark contrast between the two candidates? health care platforms. The projections are derived by contrasting the impacts of Obama?s plan to implement the Affordable Care Act with Romney?s promise to repeal it and scale back Medicaid. (Romney?s proposed Medicare changes would only take effect after 2022.)

?The health reform law will reduce the number of uninsured people by an estimated 32.9 million, leaving 27.1 million people uninsured,? the report said. By contrast, ?Nationally, Romney?s proposals are estimated to increase the number of uninsured people by 12 million compared with the baseline (no Affordable Care Act), leaving 72 million people uninsured in 2022.?

The Commonwealth Fund study concluded that repealing the Affordable Care Act ? which would unwind the subsidies and market reforms to expand coverage and roll back the law?s expansion of Medicaid ? would swell the ranks of the uninsured. Taken together, Romney?s other proposals to convert Medicaid into a block grant and equalize the tax treatment of employer-provided and individually-purchased insurance would add to that.

The report also assumes that all states will ultimately accept matching funds to expand their Medicaid programs as the ACA calls for ? despite the fact that June?s Supreme Court ruling effectively made the expansion optional.

The comparison is based on methods crafted by Jonathan Gruber, a leading health economist at the Massachusetts Institute of Technology who advised policymakers who designed the Affordable Care Act, and has since criticized Romney?s turn against a national version of the blueprint he enacted as governor of Massachusetts.

The Commonwealth study sought to fill in the blanks of Romney?s proposals where they were vague, such as the rate of growth in the Medicaid block grant and how much states will need to cut. The Romney campaign disputed its assumptions.

?The Commonwealth study sadly contributes little to the health reform conversation that this country deserves,? Romney spokeswoman Andrea Saul told TPM. ?It badly mistakes Governor Romney?s proposals. Worse, it assumes a fantasy world where Obamacare has been a success. Instead, Americans have seen their insurance premiums increase, small businesses are facing massive tax increases, and seniors will have reduced access to Medicare services. The simple truth is this: The American people do not want this law, we cannot afford this law, and when Mitt Romney is President he will repeal it and replace it with common-sense, patient-centered reforms that strengthen our health care system.?

Barack Obama, Health Care, Health Care Repeal, Mitt Romney, health care reform
Sahil Kapur

Sahil Kapur is a congressional reporter for TPM. He previously covered politics and public policy for numerous publications including The Guardian and The Huffington Post. He can be reached at sahil [at] talkingpointsmemo.com.

Source: http://tpmdc.talkingpointsmemo.com/2012/10/commonwealth-study-romney-obama-health-care-plans.php

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U.S. auto sales post best month in 4-1/2 years

DETROIT (Reuters) - U.S. auto sales last month posted their best showing in 4-1/2 years, helped by cheap financing, rising consumer confidence and a major rebound by Toyota Motor Corp .

The September sales pace was 14.94 million vehicles as calculated on an annualized basis, exceeding analyst estimates of 14.5 million, according to Autodata Corp. This was the highest rate since March 2008, about four months after the start of the 2007-2009 U.S. recession.

U.S. auto sales last month rose 13 percent to 1,188,865 new vehicles. Analysts, on average, had expected an increase of less than 9 percent.

General Motors Co and Ford Motor Co said rising home prices and a drop in jobless claims encouraged American car shoppers to buy new vehicles.

The wider availability of cheap financing also spurred sales. About one-third of Toyota buyers who financed their purchase last month received a no-interest loan, according to industry research firm Edmunds.com. Toyota's proportion of no-interest deals was higher than any other automaker.

"The money is so cheap now," said Jesse Toprak, TrueCar.com analyst. "Higher resale values and cheap money has been enabling automakers to offer some of the most attractive leasing programs we've seen in years."

About 80 percent of new vehicle transactions are financed, said R.L. Polk analyst Tom Libby.

The interest rate on a 48-month new car loan was about 3.19 percent last month, down from 4.39 percent in September 2011, according to Bankrate.com.

That rate was about 7.45 percent in May 2009, during the depths of the downturn that pushed GM and Chrysler Group LLC to file for government-funded bankruptcies three years ago.

During the recent recession, which officially lasted until June 2009, U.S. consumers delayed big-ticket purchases, pushing the average age of vehicles on the road to a record high.

That pent-up demand has fueled auto sales growth this year as cars and trucks on the road push past the point of repair and consumers' economic prospects improve.

"I think in general with the economy chugging along at about 1.5 percent to 2 percent that we are gradually seeing people come back," said Ford chief economist Ellen Hughes-Cromwick.

SMALL CARS SURGE, TRUCKS LAG

GM, the largest U.S. automaker, said sales of its mini, small and compact cars nearly doubled last month. Ford's small car sales rose about 73 percent, while fuel prices rose.

But both automakers said pickup truck sales in September, when those sales typically strengthen, were softer than in years past. Both GM and Ford said trucks made up about 12 percent of sales last month, down from 13 percent in September 2011.

"There has been a fundamental shift of truck to car that we've been seeing for the past few years," said Chevrolet's sales chief, Don Johnson, adding that September's results represented a continuation of that trend.

"Consumers, because of the price of fuel, have definitely shifted over the last couple of years to a stronger mix on the car side," he said.

Ford shares ended 1.4 percent lower at $9.79 and GM shares gained 2.6 percent to close at $23.68 on Tuesday.

GM POSTS SMALL GAIN, TOYOTA SURGES

GM sold 210,245 cars and trucks last month, up 1.5 percent from a year earlier. Ford sold 174,976 cars and trucks last month, on par with its results from a year ago.

Chrysler, the U.S. automaker majority-owned by Italy's Fiat SpA , showed a 12 percent jump in sales to 142,041.

Toyota said vehicle sales rose 41.5 percent to 171,190 last month, while Honda Motor Co sales rose about 31 percent to 117,211.

The outsized gains from Toyota and Honda reflect their recovery from inventory shortages last year after the March 2011 earthquake in Japan.

Volkswagen of America, the U.S. arm of Volkswagen AG , sales rose 34.4 percent.

Nissan Motor Co's sales fell 1.1 percent to 91,907 vehicles, hurt by higher fuel prices as well as inventory shortages of its Altima midsize sedan, said Al Castignetti, U.S. sales chief for the Nissan brand.

(Reporting by Paul Lienert in Detroit; editing by Gerald E. McCormick, Maureen Bavdek and Matthew Lewis)

Source: http://news.yahoo.com/chrysler-says-september-sales-best-since-2007-122822087--business.html

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Monday, October 1, 2012

Manufacturing sector takes a turn for the worse | The Times

Manufacturing contracted across major economies in the third quarter, fanning fears that the global slowdown in worsening.

The eurozone?s manufacturing sector suffered its worst performance since the second quarter of 2009 in the quarter ended September, according to Markit?s Purchasing Managers? Index, which averaged 45.1. Figures below 50 indicate contraction.

Ireland saw the most positive readings in August, while Greece brought up the rear with continued, relentless contraction.

Chris Williamson, chief economist at Markit, said: ?The survey is consistent with manufacturing output falling at a quarterly rate of perhaps as much as 1 per cent, which means the sector will

Source: http://www.thetimes.co.uk/tto/business/economics/article3554767.ece

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HP announces the ElitePad 900, a business-friendly Windows 8 tablet arriving in January

DNP HP announces the ElitePad 900, a businessfriendly slate arriving in January for $699

Remember those hazy days of summer when HP ran an ad during the Olympics, slipped in a a shot of an unannounced tablet and thought we wouldn't notice? (P'shaw!) Well, you can finally lay your speculation to rest, as HP just formally unveiled the mystery tab, along with a slew of accessories. It's called the ElitePad 900 and, as rumored, it's a 10-inch Windows 8 slate meant for business users, with features like pen input, drive encryption and optional 3G / 4G.

Like HP's high-end EliteBook laptops, the ElitePad has a premium look, marked by a machined aluminum back cover and 400-nit IPS display coated in Gorilla Glass. Also similar to the EliteBooks, it meets the military's MIL-spec 810G durability requirements, and can withstand three-foot drops, among other accidents. All told, it weighs 1.5 pounds and measures 9.2mm thick. Going by weight, that's more along the lines of what you'd expect from a larger, 11-inch tablet, but 1.5 pounds is still manageable, especially considering how armored this thing is.

On the inside, it runs an Atom-based Intel Clover Trail processor, buffered by up to 2GB of RAM. Like so many other systems with this kind of chip, it promises about 10 hours of runtime -- a clear improvement over similar devices packing Core i5 CPUs. Storage-wise, you'll have your choice between a 32 or 64GB SSD. The screen has a resolution of 1,280 x 800, making it the one feature likely to disappoint power users. Take a tour around the device and you'll find an 8-megapixel rear camera and a 1080p shooter up front for video chats. Hidden behind a service door on the back are two slots: one for microSD cards, and another for 3G / 4G SIMs.

And how 'bout those accessories? In addition to the tablet, HP will be selling two so-called SmartJackets, cases that do a little more than just shield the device from wear and tear. One of them, for instance, has two USB ports, HDMI output, a full-size memory card slot and room for an optional battery slice. That battery, by the way, has a capacity of about eight hours, so while the case does add some heft it could be worth it if you need a PC that will last through a flight from New York to Tokyo. As for the second case, its defining feature is a built-in keyboard, which plugs directly into the tablet.

Though HP announced the ElitePad 900 today, the tablet won't go on sale here in the US until January. Hopefully we'll also get a final price as we get closer to that launch date. Luckily, we've already gotten a chance to play with it, so meet us after the break for hands-on photos and a short walk-through video detailing our first impressions.

Continue reading HP announces the ElitePad 900, a business-friendly Windows 8 tablet arriving in January

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HP announces the ElitePad 900, a business-friendly Windows 8 tablet arriving in January originally appeared on Engadget on Mon, 01 Oct 2012 00:01:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/10/01/hp-elitepad-900-windows-8-tablet-announced/

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Sunday, September 30, 2012

Pony Vaccines, Same Dosage? | TBN Ranch

Louie, 1/2 Shetland Pony / 1/2 Mini

I?ve had horses all of my adult life and I haven?t questioned myself for a very long time concerning which vaccines to administer and when they are needed? but, I never had a pony before. I?m on new territory, and being it?s Fall and time to vaccinate, I turned to my very good friend Google for advice. My question was if a pony gets the same vaccine dosage as a full size horse. After much research from the many reputable sites I trust, the answer to my question was unanimous ? YES, a pony does indeed get the same dosage as a full size horse.

So here we go, another battle with my little Louie. He?s been on the ranch for 3 months and it took a month just to be able to catch him. He?s a handful for virtually anything that requires handling. I have earned his trust slowly and can now spray him with fly spray, brush him, and my biggest accomplishment, the big bad paste wormer. But I must say, sticking him with a needle is definitely not something I?m looking forward to!

The farrier also has a few complaints I?m sure. He?s been here twice to trim Louie?s hooves?the first time was unsuccessful, the second time a week later took an hour. But it?s done, nothing bad happened and hopefully next time my little devil Louie will be more accepting.? Louie is 12 years old and obviously hasn?t been handled much. But with a lot of PATIENCE, I know he will acquire all the manners expected of him. It just takes the one thing I have plenty of? time.? Oh, did I mention I?m still unemployed? lol

amy elizabeth, TBN Ranch

amy elizabeth, writer poet, author. Lives in the northeastern reaches of the Sonoran Desert on a small hobby farm.

Source: http://tbnranch.com/2012/09/29/pony-vaccines-same-dosage/

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