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Saturday, February 15, 2014

The Daily News Byte


                Yesterday, the VW plant in Tennessee held a vote on whether or not they were to unionize. Many in big labor thought the vote would pass, causing Republican lawmakers to put pressure on VW by threatening to take away funding incentives. Even with the push from the labor unions and an endorsement from the Volkswagen company, the workers voted to not unionize, dealing a big blow to the UAW's efforts to make inroads in the south.

                One of the major selling points for Obamacare was that people with preexisting conditions would not have to pay higher premiums for coverage. As it turns out, there is a bit of a loophole when it comes to the prescription medication these individuals may require. There is a list of medicines that are covered under Obamacare, and some people with preexisting conditions like MS don't have their medication covered. They are currently required to foot the bill without any assistance. Also, with an issue like MS, there are no generic drugs, so medication is wildly expensive. This is what happens when you pass a bill before it's read.

                One of the best signs of a stagnant economy, a record number of college graduates (age group 24-34) are still living with their parents. Gallup put together figures of the state of college graduate employment and it doesn't look good for those recent graduate. "Among young adults who live with their parents and are working or actively looking for work, nearly one in three are in a substandard employment situation."

                "Judging by what happened after the 2007-2009 increase in the minimum wage, repeating that failed experiment over the next three years would first reduce the number being paid the minimum wage and then greatly increase the number being paid less than the minimum. It would also result in millions more young people being unable to find any employment even at wages far below the higher minimum wage."

                Conservative commentator S.E. Cupp is fed up with democrats trying to shield Hillary Clinton. Given the press around the likelihood of Clinton running for president, conservatives are going to plan questions in regards to Benghazi and Obamacre. The terminology used by RNC Chairman Reince Preibus ("very aggressive") has aggravated some on the left. Cupp's response, “So, Democrats can call Chris Christie fat, George Bush Hitler, Sarah Palin Caribou Barbie, Michele Bachmann crazy, Tim Scott a dummy and Nikki Haley the Seik Jesus – but calling Hillary ruthless?” Cupp remarked sarcastically. “Now, that’s a step too far.”


                This short video demonstrates the importance of property rights. While it may seem like property rights favor the rich, it actually benefits the poor the most. As demonstrated in the video, when property rights are not protected, those who are already wealthy and politically connected can easily steal the property of the poor, which is what happens in many 3rd world countries.

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