No More Credit Card

Recently, we are using phone as camera, video camcorder, game boy, and even as computer. I thought phone cannot get any better than it is right now, but people are taking it to the next level.

While one analyst estimated, conservatively, that only 5.9 percent of merchants will accept mobile payments by 2015, Mr. Bézard of Aite Group said that many of the large retailers — including McDonald’s, Home Depot and CVS — already had the terminals and thus could take part whenever the payment network was figured out. And, he said, 80 percent of consumer transactions occur at the top 200 merchants.

The chance of phone replacing credit card in the United States right now is unlikely, because company like Paypal and Google do not like it. However, like that analyst said, I do believe it is going to happen no matter what, so they should just give up resisting, and learn to live with it.

Mental Health Break

Race Issues Rise for Miami Police

Many people claim that police in this century in the United States are being fair to all the race. However, I still believe that in certain area, that might be true, but most of city or town in America, some police are still unfair to certain race. And in Miami, some polices are not being fair to certain race right now.

 The video, shot with a hand-held camera, shows brawny Miami police officers breaking down doors and hauling handcuffed African-American suspects off some of the city’s toughest streets. “We hunt,” one officer says in the five-and-a-half-minute clip. “I like to hunt.”

Well, if they have that kind of mentality when they are working as a police officer, there are something wrong with them because it sounds like they are enjoying hunting those African-Americans. Humans are different from animal because they have ability to define what is good and bad, but I feel like they do not know anything about them.

Medicaid and New York Budget

I do not really know how things work in New York, and never really cared about them, but I think they made really brilliant move on health care. 

The governor’s Medicaid Redesign Team — which was dominated by health care providers and public officials — agreed to hold state spending on the major portion of Medicaid to $15.1 billion next year, well below the $18 billion originally projected. They also agreed to hold future growth to a 10-year rolling average of medical inflation. That is a very stringent standard.

 If it works well, maybe president Obama could take a close look at what New York did, and apply to the United States.

Will affordable Care Act will affect unemployment?

Also, Republicans does not like affordable Care Act because they think it will increase the unemployment. However, it turns out that it would not have impact on the job. And here is reasons.

First, the law’s net expenditures are too small compared to the overall size of the economy in order to impact employment.

Second, the expansion coverage it creates in Medicaid and income-related subsidies should increase employment in the health sector.

And last, most firms will not be affected because they already meet the health insurance standards of the federal law or because of new requirements are exempt from the law if they have fewer than 50 workers.

Also, the authors say other factors, like monetary and fiscal policies, are likely to have a much greater impact on the economy than healthcare reform. 

As you can see, it will have really little impact on the job right now, so Republicans and haters should stop hating on Obama's affordable care act, and just learn to live with it.

New Health Care Law

Mr. president and his follower knew Republicans would not support his old health care plan, so he came out with new one, just so he can please the Republicans

Obama administration officials say they were expecting praise from critics of the new health care law when they offered to exempt selected employers and labor unions from a requirement to provide at least $750,000 in coverage to each person in their health insurance plans this year.

 However, even with the new plan, the Republicans still do not like new health care law because they claim that there will be a lot of exception. I feel like no matter what Mr. President comes out with new health care law, I think Republicans are going to say no to every single plan, just because they can.

Mental Health Break