Virtually Speaking Thursday

Virtually Speaking with Jay Ackroyd | 6pm pacific | 9pm eastern
Jay visits with William K. Black, white-collar criminologist, former financial regulator and author of “The Best Way to Rob a Bank is to Own One,” They talk about the financial follies that still plague us. Read Bill at New Economic Perspectives and Benzinga. Follow @WilliamKBlack @JayAckroyd

http://neweconomicperspectives.org/
http://www.benzinga.com/author/william-k-black

http://www.blogtalkradio.com/virtuallyspeaking/2012/12/07/bill-black-virtually-speaking-wth-jay-ackroyd

Tweetable: Listen 9p east  @WilliamKBlack @JayAckroyd the financial follies that plague us. http://bit.ly/WLUWe8 Virtually Speaking

Another governor rejects Medicaid expansion

I guess this guy didn’t get the message that Republican governors “are thawing their icy resolve against expanding Medicaid under Obamacare.” From Huffington Post:

South Dakota Gov. Dennis Daugaard (R) opposes providing health benefits to more than 40,000 “able-bodied” poor people by expanding the state’s Medicaid program under President Barack Obama’s health care reform law, he told legislators Tuesday…

…If South Dakota were to expand Medicaid under Obamacare, its costs would be would $5.6 billion between 2014 and 2022 while the federal government would send $11.4 billion to the state, according to the Urban Institute and the Kaiser Family Foundation. But if South Dakota doesn’t expand Medicaid, the state will still spend $5.5 billion more because it is responsible for more than 40 percent of the expense of covering the 6,000 residents already entitled to the program but not enrolled, according to the study…

Wingnuts don’t worry about arithmetic.

Cracking down

I don’t praise McCaskill very often, but this is a good thing if it’s not vetoed:

WASHINGTON — The Senate passed a sweeping overhaul on Tuesday of the U.S. government’s wartime contracting procedures, the largest such reform in decades. Sen. Claire McCaskill’s (D-Mo.) amendment, included in the national defense bill, is aimed at improving oversight and cracking down on the rampant waste, fraud and abuse of taxpayer dollars in contracting practices.


“While these wars wind down, we can’t lose the urgency to correct these mistakes and prevent them from being repeated in the future,” said McCaskill in a statement. “Protecting taxpayer dollars isn’t the flashiest issue. But it’s a promise I made to Missourians, and it’s something I pledge to continue fighting for, with dogged determination, until this legislation is signed into law.”

Why Adelson is so generous to GOP

The greedy gnome is a pragmatist, not an ideologue:

In actuality, Adelson’s fealty to the GOP stems primarily from the fact that his “Las Vegas Sands Corp. is being scrutinized by federal investigators looking into possible money-laundering in Vegas, and possible violation of bribery laws by the company’s ventures in China, including four casinos in the gambling mecca of Macau.”

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