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

Tweetable: Listen 9p east  @WilliamKBlack @JayAckroyd the financial follies that plague us. 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.

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