Limestone Roof
Limestone Roof

Friday, October 16, 2009

China to Purchase Life Alert & Jitterbug for $13 billion

Cash for Oldsters
A $250 bribe to help the ObamaCare medicine go down.

No one ever went broke underestimating political cynicism, but these days even we can't keep up: On Wednesday, President Obama announced that he wants to send every American senior a $250 check.

The $250 checks will funnel $13 billion to some 57 million beneficiaries—in addition to whatever they have already received as part of the $787 billion stimulus.

Related
Deficit Hits $1.4 Trillion, Complicating Stimulus Plans
Lawmakers Eye Untapped Stimulus Funds as Obama Proposes New Spending

China is ATM machine

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