Hood Chronicles STL

March 25, 2010
As you know, the U.S. House of Representatives passed H.R. 3590 – the Patient Protection and Affordable Care Act – by a vote of 219-212. The Senate passed a version of this bill in December 2009, and President Obama signed it into law early this week. After that, the Senate began debate under rules of reconciliation with a vote expected before the end of the week.

According to the nonpartisan Congressional Budget Office, this landmark legislation will cost $940 billion during the next decade, while reducing the deficit by $143 billion in the first ten years (2010- 2019) and by $1.2 trillion in the second ten years. While there is no public option, like many democrats including the President wanted, there are significant provisions to expand health insurance coverage to 32 million Americans, bringing healthcare coverage to 94 percent of Americans.  Read more... (758 words, estimated 3:02 mins reading time)

Hopefully many watched the Presidents state of the union address.  I would love to hear your opinions

Interesting commentary

I would like to hear from you about your health care experiences with insurance companies. By the way, have you ever tried to get help in a private clinic without an insurance card? Good reason to support your hospitals. Please post your experiences and ideas on what kind of reform you feel is needed.

This graph at Swivel Preview

And this from the Bureau of Labor Statistics

Other Sites:
The St. Louis Beacon

St. Louis American Black male unemployment reportedly comparable to ‘Great Depression

Inspired by Hood Chronicles, the documentary



Link to website for more information on Ram Rilla and Hood Chronicles

Source: http://www.bloomberg.com/apps/news?pid=20601103&sid=a_EbBQyskKl0

Companies will create jobs in India and China, “places where people want the products and where the governments welcome you to actually do something,” Farr said.

The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983. Emerson, which Farr said employs about 125,000 people worldwide, has eliminated more than 20,000 jobs since the end of 2008 to lower expenses.

“What do you think I am going to do?” Farr asked. “I’m not going to hire anybody in the United States. I’m moving. They are doing everything possible to destroy jobs.”

“My job is to grow that top line, grow my earnings, grow my cash flow and grow my returns to the shareholders. My job is not to shrink and roll over for the U.S. government.”  Read more... (265 words, estimated 1:04 mins reading time)