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Wow – Standard and Poor’s Threaten Illinois With Municipal “Junk Bond” Status – First State Ever Facing “Junk Bond” Status…

There was a widely read Chicago Tribune op-ed written a few days ago outlining an approach to dissolve the entire state and apportion the geography to Wisconsin, Indiana, Kentucky, Missouri and Iowa. –SEE HERE–  It was written tongue-in-cheek, but with an uncomfortable level of reality behind it.

Illinois has been struggling with its finances for a long, long time.

The Illinois long-term labor pension liabilities are ridiculous in the extreme.  However, things just went from bad to jaw-droppingly, gobsmackingly, unbelievably worse.

 

According to the latest financial media reports, Standard and Poors Global Ratings agency has positioned Illinois bonds to drop below “investment” grade; that would make Illinois the first state in the nation to achieve “junk bond” status.

(Via ABC) Illinois is on track to become the first U.S. state to have its credit rating downgraded to “junk” status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come.

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Senate Releases Healthcare Reform Bill – Only 142 (Easy to Read) Pages – W/Full pdf…

After Democrats announced they wanted nothing to do with the Obamacare reform efforts, the Democrat leadership and their water-carrying media counterparts cried foul because they feel they were not consulted on a current Senate bill to reform Obamacare.  Go figure.

The original (’09/’10) ObamaCare bill was 2,700 pages and most of the toxic takeover construct was intentionally and ambiguously deferred to HHS Secretary Kathleen Sebelius where she added an initial 74,000 pages of regulatory and compliance rules and procedures. [Those HHS regulations now total 673,448+ pages and growing.]

Today, the Senate releases their version of a bill to reform the collapsing Obamacare construct.  It is only 142 pages (full pdf below), and essentially tracks along the three-stage repeal and replace road map previously outlined by HHS Secretary Tom Price.

Despite their pearl-clutching pontifications, all of the whining politicians and media-gnats can read the bill in a few hours.  Here’s the TOP-LINE basics:

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Sly UniParty Healthcare Vote Manuever…

The UniParty is sly, I would say professionally and expertly so, and before readers feel the need to point out the obvious – when it comes to legislation, yes, I am professionally cynical.

The reason is simple, having trained ourselves to see when the pea is never under the shell, the legislative conversations that really matter are always behind a Potemkin Village called K-Street.

You have to know the unwritten legislative rules of the UniParty as they have been evidenced for almost 15 years to understand the ruse.

♦ First, the reason a vote, any vote, is “announced”, and just doesn’t take place, is because it provides the controlled opposition time to frame their anti-(fill_in_the-blank) talking points.  This is by design.  When a legislative vote is “announced” it is a dog-whistle call out to the institutional lobbyists that the legislation will be rail-roaded and ultimately fail.

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President Trump, VP Pence and Betsy Devos Ask Congress To Expand School Choice Nationwide…

“Every child has the right to fulfill their potential, and, if we do our jobs, then we will never have to tell young, striving Americans to defer their dreams for another day or for another decade. “ ~ President Donald Trump

WASHINGTON (AP) — President Donald Trump on Wednesday asked Congress to work with him on extending school choice programs nationwide to benefit millions of students, including low-income African-American and Hispanic children.  Full Event Video:

[Transcript] 10:42 A.M. EDT – THE PRESIDENT:  This is very exciting.  So yesterday I said that our spending bill was a win for the American people, which is exactly what it was — an amazing day.  And this is what winning for young children and kids from all over the country looks like.

The opportunity scholarship program that we’re funding allows families in the inner city of our nation’s capital to leave failing public schools and attend a private school, making an extraordinary difference in these incredible young lives.  You’re so lucky.  (Laughter.)  Great.  You’re happy about it?  Huh?  (Applause.)  That’s great.

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Budget Communications: OMB Director Mick Mulvaney Takes Point…

Office of Management and Budget Director Mick Mulvaney did an excellent job today pushing back against the UniParty and their slobbering media water-carriers today.

Mulvaney was unexpected by the White House Press Corps who were apoplectic at the conclusion of the briefing:

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The media response was priceless:

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Epic – Mr. Tingles Haz No Thrill…

Sir Spitsalot was not having a good day today when asked to join a panel discussion of how Democrats have responded to the first 100 days of President Trump’s administration.

The gist of the discussion centered around the Democrat party’s decision to focus on social and environmental justice issues.  Spittles was asked if dancing naked around a campfire chanting anti-Russian rainbow memes while selling sustainable algae cakes was an effective strategy to reach most American voters.  The video is below:

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Part III – Prediction: Jim DeMint Will Join The Trump Administration…

♦In Part-I we explained how legislation is actually constructed in 2017. NOT how most people think it is constructed – SEE HERE

♦In Part-II we explained what that modern reality means with a Trump administration, and what will be needed to overcome the corrupted swamp – SEE HERE

The final paragraphs include accepting the reality and pondering:

[…] President Trump is not going to sit and wait for congress to evolve in their ability to turn away from existing lobbyists hanging around to defend their interests.  Sooner or later President Trump is going to do something dramatic to break the impasse within the broken legislative system.

Considering that Trump is not a politician, that “something” could get rather ugly.

We are not going to get bogged down in the weeds and loose the capacity to see the larger, more consequential, picture.  Staying elevated – However, as if guided by a prescient cue, part of the possible answer to the quagmire becomes evident today:

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Understanding Why President Trump Has Not Received Legislative Action From Congress…

There are many new commentators at CTH, and even more new people taking notice of politics for perhaps the first time in their lives.   There is also some confusion noticed between two distinct groups who appear to be talking above and around each other.  Two groups trying to communicate from two entirely divergent sets of understanding.

Perhaps it is valuable to reset the larger frames of reference and provide clarity.

Many, heck, most people think when they vote for a federal politician -a representative- they are voting for a person who will go to Washington DC and write or enact legislation. This is the old-fashioned “schoolhouse rock” perspective based on decades past.

There is not a single congress person who writes legislation or laws.

In 2017 not a single member of the House of Representatives or Senator writes a law, or puts pen to paper to write out a legislative construct.  This simply doesn’t happen.

Over the past several decades a system of constructing legislation has taken over Washington DC that more resembles a business operation than a legislative body.  Here’s how it works.

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President Trump’s 360 Degree Adversaries, and He’s Got Them Surrounded…

Before Donald Trump won the presidency we accepted his approach. Trump enters a battle-space, any battle-space, with adversaries 360° around him; and yet somehow he has them surrounded. As President Trump, this approach continues.

On a scale of 1 to 10 the average person has a sense of internal purpose around level four. People of intense historic consequence generally exhibit a stronger personal drive which pushes their scaled sense of purpose to around a seven.  However, Donald Trump, now President Trump, as exhibited throughout his life’s accomplishments, carries a sense of purpose considerably higher – perhaps the highest in our life time.

During the phase of the industrial revolution the highest captains of Main Street industry were known as “Titans”. The economic Titans accomplished incredible achievements in building and industry.

These giants moved the nation forward. Relentless forward progress. They never stopped moving forward and they carried a resolve so severe they never allowed anything to stand in the way of their purpose driven objectives. National politicians knelt at the desks of these nationalist Titans.

With that established, Wolfmoon1776 provides an explainer:

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Dems Make Strategic Healthcare Plan for 2018 – Sanders Will Lead on "Single-Provider" Proposal…

Well, don’t say we didn’t predict this reality.  The Democrats are smartly not waiting for any recovery efforts by Republicans; and immediately following the failure of President Trump’s healthcare repeal and replacement approach, Senator Bernie Sanders begins putting their ‘single provider’ alternative together.

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The strategy is, unfortunately, brilliant.  When Obamacare further collapses, and all Americans are being further crushed by the skyrocketing costs, at exactly the moment when the American electorate are at their most frustrated and everyone is in crisis mode – whammo, here’s the solution.
All of the previous opposition to single-provider has been kicked out of the Democrat party.  [Blue Dogs Dispatched] The DNC will unify, as one single voting bloc without a single representative in divergence, behind the Sanders proposal.
As ObamaCare explodes, the factional infighting between the purists in Hillary’s Favorite Republican Caucus and various GOPe proposals will continue.  Directly into this void of leadership will flow the single-provider plan, just as the Democrats and the coordinated media messaging tell the American electorate the solution is right there:

“Medicare for all”.

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