The sequester that went into affect March 1st has President Obama lying about who came up with it (he did), how bad the cuts are (not bad), and how evil the Republicans are for letting them happen (they aren’t).

Facebook made $1.1 billion in pre-tax profits in 2012. And by “pre-tax” I mean “no-tax”. Instead they are getting $429 million back from the government. This caused the Occupy Wall Street protesters to…yawn and go back to their iPads.

If you have pre-existing conditions, ObamaCare will help get insurance. That is until the funds run out real soon now.

Donna Brazile sung the praises of ObamaCare a year ago. This year, however, she’s puzzled as to why her health insurance premiums are going up. Cause, meet effect.

Mentioned links:

Obama pledges to veto effort to undo automatic spending cuts

Whose Sequester Is It Anyway?

Obama’s fanciful claim that Congress ‘proposed’ the sequester

Facebook Gets a Multibillion-Dollar Tax Break

Obamacare Funding Running Low For Patients With Pre-Existing Conditions

IRONY ALERT!

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Filed under: Budget & SpendingEconomics & TaxesGovernmentHealth Care