“We share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C., as — it just has to stop.  And that’s why I’ve fought the special interest, whether it’s on energy, whether it’s on health insurance, whether it’s on pharmaceuticals and the rest.”

Pelosi held to her skepticism about what is behind the movement.  “Some of it is orchestrated from the Republican headquarters,” Pelosi said.  She also added that, “Some of it is hijacking the good intentions of lots of people who share some of our concerns that we have about the role of special interests.”

HAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHHAHA

HA

PAPER: Obama's fortunes set to deteriorate further...
Bernanke under pressure; Faltering support for Fed chief...
Dow Suffers Worst Week SInce Last March...
Obama seen as anti-business by 77% of investors...
Europe welcomes bank plan, won't imitate it...
White House nightmare persists...

RASMUSSEN:
Obama Approval Index: -19
Strongly Approve 24%
Strongly Disapprove 43%
Total Approval 44%

THE DAY HEALTH CARE DIED

Many rank-and-file Democrats said their stunning defeat in this week’s Massachusetts special election — in which Republicans captured the Senate seat held for decades by the late Edward Kennedy — meant it was time to seek more modest health legislation.

It would be “problematic” to persuade House members to approve the Senate measure, Pelosi said, though Democrats haven’t completely ruled out trying to do so. Many of them say the Senate bill does too little to help people afford health coverage.

“In its present form without any changes I don’t think it’s possible to pass the Senate bill in the House,” Pelosi said, adding, “I don’t see the votes for it at this time.”

Any effort to reshape the health legislation could well be a lengthy process — despite Democrats’ desire for a quick election-year pivot to address jobs and the economy, which polls show are the public’s top concern. Lawmakers have already been working on the issue for a year.

“We’re not in a big rush” on health care, Pelosi said. “Pause, reflect.”

Several Democrats said they should refocus the legislation onto popular proposals like barring insurance companies from denying coverage to sick people.

via DRUDGE REPORT 2010®.

WALL ST CHILLED...
MORE JOBS LOST...
Democrats propose $1.9 trillion increase in debt limit...

President Barack Obama signaled to House Democratic leaders Wednesday that they’ll have to drop their opposition to taxing high-end health insurance plans to pay for health coverage for millions of uninsured Americans.

In a meeting at the White House, Obama expressed his preference for the insurance tax contained in the Senate’s health overhaul bill, but largely opposed by House Democrats and organized labor, Democratic aides said. The aides spoke on condition of anonymity because the meeting was private.

House Democrats want to raise income taxes on high-income individuals instead and are reluctant to abandon that approach, while recognizing that they will have to bend on that and other issues so that Senate Majority Leader Harry Reid, D-Nev., can maintain his fragile 60-vote majority support for the bill.

AP sources: Obama OKs taxing high-end health plans – Yahoo! News.

The head of C-SPAN has implored Congress to open up the last leg of health care reform negotiations to the public, as top Democrats lay plans to hash out the final product among themselves.

C-SPAN CEO Brian Lamb wrote to leaders in the House and Senate Dec. 30 urging them to open “all important negotiations, including any conference committee meetings,” to televised coverage on his network.

“The C-SPAN networks will commit the necessary resources to covering all of the sessions LIVE and in their entirety,” he wrote.

Pelosi responds to C-SPAN: 'There has never been a more open process'...

“There has never been a more open process for any legislation,” Pelosi said at a press conference.  Pelosi also hinted that holding informal negotiations–likely without TV cameras–might be the most practical way to push the legislation through.

“We will do what is necessary to pass the bill,” Pelosi said.

Rep. Chris Van Hollen (D-Md.), assistant to the Speaker, said the healthcare bill had been “subjected to unprecedented level of public scrutiny.”

Pressed on whether C-SPAN cameras would be allowed in negotiations, Van Hollen hedged.

“We don’t even know if there’s going to be a conference committee,” he said, alluding to the likelihood that Democrats will reconcile the two bills behind closed doors.

Allahpundit:

What’s the most surreal moment in the Pelosi clip? Is it Madam Speaker daring to tout the openness of a process marked by backroom deals, secret meetings with lobbyists, floor votes at 1 a.m., bills that no one’s read, and the lack of any conference committee — in other words, everything Harry Reid once claimed to hate? Is it DCCC tool Chris Van Hollen playing revisionist historian by touting the townhalls as proof of how much Democrats love debate even though (a) Obama initially wanted ObamaCare passed in July precisely so that he could short-circuit public outrage before it built momentum and (b) the Dems spent the rest of the summer demonizing the hell out of people who actually showed up to the townhalls? Or is it Pelosi having the gall to dismiss The One’s C-SPAN campaign promise with a blithe, chuckling, “There are a number of things he was for during the campaign!” Don’t blink or you’ll miss it, but it’s there. The Democratic Speaker of the House, laughing out loud — at a press conference — at what a shameless liar Bambi had to be to get elected. There’s a Change moment if ever there was one.

Michelle Malkin is Calling Pelosi’s blinky bluff

2074 Pages… And senators will have a full three days to read it before voting.

WHITE HOUSE MASTER TO SLASH EXEC PAY

Gaffes in federal reports this week about stimulus have called into question the government’s ability to accurately track how many jobs are being created by the massive $787 billion Recovery Act.

The data in Thursday’s reports were filled with mistakes, including an error that made it look like a French vaccine maker received the largest stimulus contract, $1.4 billion, when in fact it has gotten an award one-100th the size.

Government research organization OMB Watch said its assessment of the reports revealed many inconsistencies in the job data.

“The data is rife with mistakes,” said Craig Jennings, senior federal fiscal policy analyst at OMB Watch. “When you put out data that hasn’t yet been checked, it undermines transparency, because you are putting out wrong information.”

…A mistake in the very first contract listed on the site prompted doubts about the reliability of the reports.

Recovery.gov erroneously reported Thursday that French vaccine maker Sanofi Pasteur had received $1.4 billion in stimulus funds from the Department of Health and Human Services. The company topped the site’s list titled “Largest federal contracts in U.S.”

When CNNMoney.com first asked about the contract Thursday, a spokeswoman from Sanofi Pasteur suspected the $1.4 billion figure was a mistake. HHS spokeswoman Vicki Rivas-Vazquez said the number on recovery.gov was erroneous and the actual amount was $10.4 million.

Sanofi Pasteur said Friday that $10.4 million is the correct figure.

“We anticipated errors in the reporting and so informed many reporters beforehand,” said Edward Pound, spokesman for the Recovery Board. “This is the first time this kind of reporting is being done. These reports are being reviewed by federal agencies and recipients to catch any errors or problems.”

The Recovery Board has the tall task of compiling all of the data, and is spending $18 million revamping its Web site to manage all of the information.

OMB Watch said its review yielded “really weird job numbers,” including many discrepancies within the reports themselves. For instance, Jennings said OMB Watch found that many companies said in a narrative portion of their reports that it was able to retain several employees because of stimulus funds, but the “jobs created” column read “zero.”

The Recovery Board aggregates its jobs data from the “jobs created” column to display the total number of jobs saved or created. Jennings speculated that recipients might have been confused about the scope of the term “created.”

“I would not stake any sort of claims on those job numbers,” said Jennings. “We don’t know what’s going on there.”

FY 2009 Federal Deficit Terrifyingly Huge

after reading the links within that link, this will make perfect sense:

That’s a little like resuscitating a guy who had a heart attack on the way to his execution. Yeah, he’s alive but for how much longer?

When confronted with something this unsustainable there’s only two things to be done.

1- Spend untold trillions more taking over the nation’s health insurance system.

and

2- Blame Bush.

Obama to conservatives: Grab a mop and help me clean up your mess

The good news: The “socialist mop” line made me laugh. The bad news: He’ll be telling us it’s our mess that he’s cleaning up until, oh, 2015 or so at the earliest. How he’s planning to blame the stimulus waste or inevitable cost overruns on health care on the right isn’t yet clear to me, but have faith. He’ll find a way. It’s … what he does.

Question: Given the electoral realities in Congress these days, is it really the right that’s his biggest pain in the ass?

The Joint Congressional Committee on Taxation has analyzed the excise tax in the Baucus plan and come to the logical conclusion that it will raise prices for insurance policies. In two letters issued yesterday, the JCT acknowledged that the increased premium costs for health-insurance plans that qualify for the excise tax will increase costs to employers offering them, depressing wages directly or indirectly as a result, depending on whether they impose the total cost increase on employees. The second letter demonstrates that the effect of the Baucus plan and its disappearing subsidies on lower-income workers is to force them into a higher tax bracket, disincentivizing gains in employment.

Follow the link to HotAir to read more analysis.