Buried inside of the 20,000 pages of the Obamacare monstrosity are a few paragraphs that could create a multi-billion dollar industry in the American healthcare sector. Known as "biosimilars," the law allowed for the production of complex drugs which are medically equivalent versions of biologics (drugs derived from living organisms), and can treat deadly diseases ranging from Alzheimer's, AIDS, and rheumatoid arthritis.
Not only can biosimilars save lives, the competition they create for a heavily regulated and patented marketplace can help patients by lowering the price of their prescriptions by up to 40 percent. The average annual cost of biologic drugs is roughly $35,000, so any savings can often make the difference between life and death. That is why the creation of approval process for biosimilars may be the only part of Obamacare that enjoys bipartisan support.
However, as Obamacare's burdensome mandates are already making your insurance premiums skyrocket and the IRS is ready to issue fines for not having coverage, any plans to save patients' money is an important development. But, ironically, it's President Barack Obama's own federal bureaucrats who may be standing in the way. more >>
The World Health Organization has said that mortality rates from the deadly Ebola outbreak spreading throughout West Africa have gone up to 70 percent, and there could be as many as 10,000 new cases recorded per week by the end of the year. President Barack Obama has warned that the world is "not doing enough" in terms of a response.
WHO Assistant Director-General Dr. Bruce Aylward told reporters in Switzerland that although the mortality rate had been at 50 percent, statistics have now bumped it up to 70 percent. There is no cure for the disease, which had killed at least 4,447 people as of Tuesday, but early detection and treatment can prove effective and tackling it.
Sierra Leone, Liberia and Guinea have suffered the most casualties, though cases have reached western countries including the U.S. as well. Obama, who is set to discuss the crisis in a video conference with British, French, German and Italian leaders, said that "the world as a whole is not doing enough" to contain the Ebola threat, BBC News reported. more >>
Whatever the U.S. accomplished after about a decade of war in Iraq has, in a matter of months, deteriorated to a situation that may become unprecedented in its instability and threat to Western interests. Obama's clumsy departure from Iraq, his military mismanagement of the mess that ensued, and his refusal to intervene in Syria – again, overruling his top security advisers – are what produced the current quagmire.
The loss of Christianity in Mosul didn't have to happen. Obama's tardy airstrikes managed to prevent the Mosul Dam from falling, but the city may never be the same. Similarly, why did the Yazidis have to find themselves besieged on Mount Sinjar before the U.S. took action? more >>
In response to the Christian Post's multiple attempts to contact both the White House and the Department of Homeland Security, a spokesman released a statement saying that DHS Center for Faith-based & Neighborhood Partnerships Director David Myers visited "multiple faith-based groups" during his weekend trip to the mosque where it is believed beheading suspect Alton Nolen worshiped. However, DHS refused to divulge where Myers traveled and whether the agency gave any thought to the timing of the trip.
A Department of Homeland Security spokesman sent this statement to the Christian Post in regards to Myers' Saturday trip, "The Department's Center for Faith-based & Neighborhood Partnerships continuously engages with faith-based and community organizations across the country to build resilient communities and discuss Departmental initiatives. As part of this ongoing effort, Rev. David Myers met with multiple faith-based groups in Oklahoma City this past weekend to thank them for their work to rebuild the region and help affected communities in the aftermath of last year's EF5 tornado."
The official characterized the meetings as "closed door" gatherings and refrained from specifing which groups Myers met with over the weekend. more >>
Social Security is unsustainable at its present level of benefits and taxes. To put Social Security on a sound footing, Congress will have to cut pension benefits or increase tax rates. Congress will not raise tax rates to pay for Social Security. Why not? The reason is simple.
If Congress raises tax rates to pay for Social Security benefits they have already promised, then it will be that much harder for them to increase tax rates to pay for other stuff they want to promise to do. It will be harder for Congress to increase tax rates to pay for that "green" company they want to subsidize; it will be harder to raise tax rates to pay for more defense spending or to increase spending for education special interests. No, Congress will not increase tax rates to pay for Social Security.
Congress will therefore cut Social Security benefits. more >>
It's becoming increasingly clear that President Obama has no intention to actually "destroy" the Islamic State. Even his much-vaunted air war represents a mere shadow of American military capabilities. Here's Max Boot in a must-read post over at Commentary, comparing the air effort in Iraq and Syria to the opening phase of the bombing campaign against al-Qaeda and the Taliban in Afghanistan:
RAND's Benjamin Lambeth summed up the Afghan air campaign as follows: "[D]uring the 75 days of bombing between October 7, when Enduring Freedom began, and December 23, when the first phase of the war ended after the collapse of the Taliban, some 6,500 strike sorties were flown by CENTCOM forces altogether, out of which approximately 17,500 munitions were dropped on more than 120 fixes targets, 400 vehicles and artillery pieces, and a profusion of concentrations of Taliban and al Qaeda combatants."
Now compare with the statistics on the current U.S. aerial bombing campaign in Iraq and Syria. According to Central Command, in the 59 days between August 8, when the campaign started, and October 6, the U.S. has conducted 360 strikes utilizing 955 munitions. more >>