SEVERE THUNDERSTORM WATCH

Until 10 PM

The National Weather Service in Grand Rapids and northern Indiana issues a SEVERE THUNDERSTORM WATCH for Van Buren, Kalamazoo, Calhoun, Berrien, Cass, St. Joe, and Branch counties until 10 PM.  Damaging wind gusts of 60 mph or greater are the primary concern.  Large hail of 1" in diameter or larger is a close second.  We'll be tracking storm development with Live Doppler Radar throughout your afternoon and evening.  Storm motion is easterly at 30 to 50 mph.  Stay with wwmt.com for the latest weather information!

Breaking Weather Map #1
Breaking Weather Map #2
Breaking Weather Map #3
Breaking Weather Map #4

Sports metaphors and the Obamacare roll-out

Updated: Friday, October 25, 2013
Sports metaphors and the Obamacare roll-out story image
KALAMAZOO, Mich. (NEWSCHANNEL 3) - As discontent in the Democratic party grows over the implementation of Obamacare, government officials say they’re bringing in experts from silicon valley to help find a way out of the fiasco that signing up has become.

Tonight, in Tom’s Corner, Tom Van Howe says the administration’s handling of President Obama’s signature legislation is a “how-to” lesson in destroying credibility in record time.

=====================

I’m not a big fan of sports analogies. But sometimes they work.

The late Casey Stengel comes to mind after watching President Obama and his team back-pedal, step up to the plate to accept responsibility, and then point the finger of blame at somebody else.

The administration has had three-and-a-half years to get things ready for this day—for this roll-out of the Affordable Care Act.

Forty-two months to have developed and tested and retested the billion-dollar, new technology that would allow millions of people to effortlessly sign on to, in so many cases, get the the kind of healthcare they’ve never had before.

More than 15,000 days to develop a pretty good sense of how much it would cost to work with insurance companies to gauge whether it would be cheaper or more expensive; to explain  in authoritative detail after detail to a country still divided over the issue.

If Casey Stengel were able to comment today, I suspect it would be similar to what he said about his inept New York Mets in 1968.

“Been in this game a hundred years, “ he said. “But I see new ways to lose ‘em I never knew existed before.”

Where in the world were these people in our nation’s capitol? You know, if there had been only six months to lay all the groundwork, we could say, “well, they did the best they could in the time allowed.”

I know the issue became red meat for conservatives. I know it went to the Supreme Court before becoming the law of the land. I know that had to be distracting.

But good grief! If we have the technology to bug the phone of the Chancellor of Germany, listen in to conversation all over Brazil and in France and who knows where else, you’re telling me we can’t build an Obamacare web site that works?! That works from the beginning?

Instead, look at what we have. Health and Human Services Secretary Kathleen Sebelius pointing her finger at the Canadian company who built the system.

Yeah, Canadian.

And that company pointing back at the administration and other companies who helped out.

Sebelius telling us no one—simply no one—and certainly not the President, knew before October 1st this thing would blow up as it did.

Only now is our government turning for advice to the world leaders in computer technology from Silicon Valley.

Today, we learn that we get an extra 45 days to sign up before facing a penalty. But not, we are told, because of the computer “glitch.” Of course not. It's because the public was confused about sign up dates. Really?

Meantime, insurance company insiders are telling CNN that they knew a long time ago that this thing was going to fall like a tent in a hurricane.

Also, today we learned that Sebelius and company are going to start a grassroots effort to boost enrollment in the system so many have already been turned away from.

Where was that effort six months—a year—ago? Honestly!

I believe our country is in desperate need of a well-run, cost-efficient, national healthcare system. But if what we’ve seen so far is any indication...Obamacare will be none of those things.

When he was with the Yankees, Casey Stengel sent a guy down to the minors because he was striking out too much. “Mister,” Stengel told a reporter, “that boy couldn’t hit the ground if he fell out an airplane.”

I think the same can be said about some key people in Washington. Its time to stop the strike outs and get some people on the team who can hit home runs. We’re obviously overdue.

In this corner...I’m Tom Van Howe.

Business News

Last Update on September 19, 2014 17:24 GMT

ALIBABA-IPO

NEW YORK (AP) -- Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.

The stock opened at $92.70 on the New York Stock Exchange this morning, up 36 percent from the initial $68 per share price set Thursday evening.

At that price the company would be worth $228.5 billion, more than companies such as Amazon, Ebay and even Facebook.

On Thursday, Alibaba and the investment bankers arranging the IPO settled on a price of $68 per share. The company and its early investors raised $21.8 billion in the offering, which valued Alibaba at $168 billion in one of the world's biggest ever initial public offerings.

But after a two-hour trading delay due to strong demand, it opened much higher than that price. If the stock closes at $92.70, the IPO will have raised close to $30 billion.

LEADING INDICATORS

WASHINGTON (AP) -- A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July.

The Conference Board says its index of leading indicators rose 0.2 percent in August, the seventh straight increase. But that was much slower than the revised 1.1 percent gain in July.

Conference Board economist Ken Goldstein says even with the slowdown in August, the index shows the economy is still gaining traction.

STATE UNEMPLOYMENT

WASHINGTON (AP) -- Unemployment rates rose in nearly half of U.S. states in August, even as employers in two-thirds of the states added jobs.

The Labor Department says unemployment increased in 24 states, fell in 15 and was unchanged in 11. Hiring picked up in 35 states, while it fell in 15.

Unemployment rates can rise even when hiring increases if more people start looking for work and don't immediately find jobs. The figures suggest hiring was broad-based across most regions of the country last month, even as nationwide job gains in August were the weakest this year.

Georgia reported the nation's highest unemployment rate, at 8.1 percent, followed by Mississippi at 7.9 percent. That's the first time Georgia has had the highest rate since the Great Recession ended.

BRITAIN-SCOTLAND-ECONOMY

LONDON (AP) -- Businesses and investors have reacted with relief to Scotland's decision to reject independence from the United Kingdom.

The No campaign won 55 percent of the votes cast in Thursday's referendum. The 10-point victory margin was wider than expected -- most opinion polls on the eve of the vote showed a narrower 4-point victory.

British stocks responded positively to the news Friday, with the FTSE 100 index up 0.3 percent. Royal Bank of Scotland shares were up, and the bank, which is majority-owned by the U.K. government, said it was "business as usual" for its customers.

Some had warned that if Scotland left, uncertainty over the future value of the British pound and government debt would have rattled the U.K economy.

In the currency markets, the pound was solid too, rising to a two-year high against the euro.

EXXON-RUSSIA DRILLING

IRVING, Texas (AP) -- Exxon Mobil says it will stop drilling an exploratory well in Russia's Kara Sea in compliance with U.S. sanctions against Russia over Russia's involvement in the Ukraine.

Exxon planned to drill the well between August and October. The latest round of sanctions called for the removal of U.S. workers on projects in the Russian Arctic by Sept. 26.

Exxon says it has received a license from the U.S. Treasury Department to wind down operations, but it is unclear whether the license will allow Exxon to stop drilling on the schedule it had already laid out. Exxon could not be immediately reached for comment.

PABST BREWING-SALE

NEW YORK (AP) -- The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.

In addition to its namesake beer, Pabst Brewing Co. makes Colt 45, Old Milwaukee and Schlitz. Pabst was acquired in 2010 by C. Dean Metropoulos & Co., which is known for investing in food brands.

Pabst Brewing, now based in Los Angeles, traces its roots back to 1844 in Milwaukee. Since purchasing it in 2010, Metropoulos has enlisted comedian Will Ferrell to market the company's beers. Pabst Blue Ribbon has also grown in popularity in part for its blue-collar appeal and cheap price.

Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take a minority stake in Pabst.

advertisement
Washington Times
advertisement