The Business Word, Inc. thebusinessword (atty) bwikeys.jpg
Follow RealDonJohnson on Twitter

Links to Colorado Politicians

John Hickenlooper
US Senate
Michael Bennet
Cory Gardner
US House
Diana DeGette (CD 1)
Jared Polis (CD 2)
Scot Tipton (CD 3)
Ken Buck (CD 4)
Doug Lamborn (CD 5)
Mike Coffman (CD 6)
Ed Perlmutter (CD 7)
Attorney General
Cynthia Coffman
Secretary of State
Wayne W. Williams
Walker Stapleton
Colorado Supreme Court
Colorado Senate
Senate GOP
Senate Democrats
Colorado House
House GOP
House Democrats

Articles by Donald E. L. Johnson

About Us
  RSS 1.0
RSS 2.0
[Valid RSS] [Valid Atom]
Today is Thursday, March 26, 2015

Mark Udall should have easy win over Ken Buck, Amy Stephens, Own Hill; he’s blowing it on ObamaCare

Sen. Mark Udall should easily beat one of the Republicans who are seeking the GOP nomination to take him on—Ken Buck, Amy Stephens or Owen Hills. 

Posted by Donald E. L. Johnson on 01/12/14 at 01:35 PM
ColoradoElections '14BuckHillStephensUdallEnergyHealth insuranceHealth Insurance ReformRead More

What Ken Buck, Tom Tancredo said during their 2010 campaigns

Back on Oct. 19, 2009, Ken Buck, who is running for the GOP nomination to take on Sen. Mark Udall, sat down with me for an interview about what turned out to be his losing campaign against Sen. Michael Bennet. 

Posted by Donald E. L. Johnson on 01/12/14 at 12:24 PM
ColoradoElections '14BrophyBuckCoffmanDeGetteGardnerGesslerHessHickenlooperKoppLambornPerlmutterRomanoffStapletonStephensTancredoTiptonUdallRead More

Colorado Republicans have 5 smart, talented candidates for governor

Five very smart, talented and experienced candidates are competing for the Colorado Republican Party’s gubernatorial nomination and the chance to take on Governor John Hickenlooper.


Posted by Donald E. L. Johnson on 01/12/14 at 12:19 AM
ColoradoElections '14BrophyGesslerHickenlooperHouseKoppTancredoRead More

Scott Gessler hits John Hickenlooper in first ad

Colorado Sec. of State Scott Gessler steps up his campaign for the GOP nomination to take on Gov. John Hickenlooper in this clever ad, which he's posted on

Posted by Donald E. L. Johnson on 01/09/14 at 08:50 AM
ColoradoElections '14GesslerHickenlooperPermalink

What people who don’t buy ObamaCare (ACA) can do to manage self insurance risks

Smart young people who don't have pre-existing medical conditions are deciding to self insure rather than enroll in hugely expensive insurance plans sold on ObamaCare (ACA) health exchanges. If they self insure, I think they should understand their risks and know how to deal with a huge medical bill if they are hurt in an accident or are stricken by an expensive illness. Some ideas:


Colorado State Sen. President Morgan Carroll plots path to Eastern California
A couple of reporters I respect tweeted that Colorado Senate President Morgan Carroll's session opening speech was very feminist. I don't think her speech was particularly feminist. She used her mother's and her experiences and histories to sell more spending on our notoriously expensive colleges.
Posted by Donald E. L. Johnson on 01/08/14 at 05:40 PM
ColoradoEmployersLegislationPoliticsEducationRead More

RNC, GOP should not sell out to U.S. Chamber of Commerce, The Business Roundtable

Republicans won't win elections with candidates who are just sound bite specialists and empty suits and who sell out to the U.S. Chamber of Commerce and the Business Roundtable. 

Real fixes for ObamaCare (Affordable Care Act)

Congress and pundits are proposing shallow, ineffective fixes for ObamaCare, which is the nickname for the Affordable Care Act. Of course, ObamaCare is just as unaffordable as expected by those who read at least parts of the act and wrote about it in 2009 and 2010. I've written several times about how I think ObamaCare should and could be fixed if only Obama wanted to fix it. Here's my latest version, which I posted in the comments section of below an article: Why ObamaCare isn't so easily fixed, by Sam Baker:

Why are individuals’ health insurance premiums soaring on ObamaCare exchanges,

So far, neither President Obama nor Congress have proposed real fixes for ObamaCare. There is a lot of grandstanding going on while people who've been notified that they will have to find new health insurance plans sit and worry about what will happen after Dec. 31 when their current plans will be cancelled.

I'm pretty well convinced that Obama and HHS Sec. Kathleen Sebelius have the power to rewrite what The Wall Street Journal editorial pages says are changes in eight regulations so that insurers and state insurance commissioners can decide whether current health insurance polices can be renewed. Many states are trying to get insurers to extend the policies that have been cancelled as required by the regulations that were written as far back as 2010 by Sebelius. More states aren't going along with the Obama nonfix.

Putting asside the constitutional questions about the changes in the Sebelius rules, I have some more thoughts and questons:

1. Individual policies offered by the Blues, Kaiser, Aetna and UnitedHealth are good plans that cover catastrophic health care cases, but with lifetime limits until ObamaCare rules kicked in. These companies' plans don't comply with ObamaCare and are being taken off the market.
2. Hundreds of small, state and regional insurers offer low premium plans that don't cover even catastrophic losses very well. They're the real targets of ObamaCare. Think about the old Golden Rule.
3. ObamaCare is loaded with pork for academic medical centers, hospitals, AARP, health insurers, pharmaceutical companies and unions. That is why it is so expensive.
4. That the faculty at medical schools like Yale are being shut out of ObamaCare networks by insurers like UnitedHealth is a well deserved punishment for their money- and power-greedy hard left medical professors and hospital administrators. They deserve to lose their contracts with insurers under the ACA, imo.
5. While I strongly oppose ObamaCare because it is a Big Intrusive Government gift to the Moocher Nation and crooks, I have long supported community rating, which is at least a small part of the cause of the surge in premiums for the individually insured. I think the young should be in the same risk pool that seniors are in and that they will be in when they become seniors, as their parents and grandparents are.
I'd like to see a breakout of what is causing the surge in premiums: Community rating, which insurers hate and want to defeat? Mandated benefits for worthless wellness and preventive care that should be paid for by consumers out of their pockets? Increased marketing and administrative costs created by the need to market to individuals instead of to groups under ObamaCare and the exchanges? Or just premium increases that are needed to cover the insurers costs under the 80% rule? Lots of unanswered questions.

8 ‘defensive stocks’ I won’t buy

Like many speculators these days, I'm waiting for a market correction in what looks like an overbought market. At the same time I'm looking for defensive stocks and for opportunities to generate income by writing covered calls on the stocks that I might buy. So a column, What to buy as the market tops, Commentary: Is it time to bring back the blue chips?, by Mark Hulbert, caught my eye today. Hulbert writes for and has been writing advisory letters since 1980.

Rather than watch the Broncos, I've spent more than three hours researching Hulbert's defensive investment ideas for this overbought market.  I found two almost buys (PPL, WMT), a hold (my MO), and four stocks and an ETF that I won't even consider (ADM, BAX, DVY, FE, K).  (Actually, the ideas came from a source Hulbert quotes in his column.) 

First, I put the "Hulbert's defensives) into watch portfolios on, and so I could look at their ratings, fundamentals and technicals. Then I checked out their ratings and dividend cushions on Finally, I read some analysts' reports.

What I found is that ADM, DVY, K, MO and WMT are overbought or too close to it for my comfort in this market. On point and figure charts, ADM and DVY are breaking out while PPL and WMT are below their point and figure price objectives. PNF price objectives are met some 70% of the time. Some are beat as with MO and some are undershot one way or the other.

BAX, FE, K and MO are above their PNF price objectives.

ADM, DVY, K, MO, and WMT are above Morningstar's estimated fair values for those stocks.

For example, the one stock that looks mildly attractive at this point, WMT, is trading at $77.96. It's point and figure price objective (not target) is $91. But M* estimates its fair value based on discounted cash flow analysis at only $74, while Valuentum's FV estimate is $77 with a range of $62-$92

Three stocks (BAX, MO, WMT) have healthy Valuentum dividend cushions. That means their dividends are safe and likely to grow given their current and anticipated balance sheets. ADM, FE, K and PPL have dividend cushions of less than 1, which means their dividends aren't very secure and have no room for growth. Smart dividend investors buy stocks of companies that sport safe dividends and the potential to grow them. Dividend history is not a good indicator of the health of a company's dividend, according to Valuentum.

If you're looking to buy a stock that is already down so much from its 52-week high that it probably will stabilize soon regardless of what the general market does, BAX is trading at 87.4% of its 52-week high, FE 83%, K 91.5%, PPL 90.9%.

For income- and security-minded covered call traders, the news is bleak. Using the rule of thumb that you write covered calls only on stocks with high implied volatility and stocks that have wide spreads between implied and historical volatility, I wouldn't write covered calls on any of issues on Hulbert's list.

Lesson learned: After you read about a speculator's strategy, do your own research. You might come to a different conclusion.

Note: I am not an investment advisor, counselor nor professional, and I am not responsible for how others trade after reading my blog posts. I own MO, which is a hold for me at this time. 

Posted by Donald E. L. Johnson on 11/10/13 at 05:43 PM
StocksCovered CallsDefense StocksDividendPermalink

Economist article casts doubts on scientific research on global warming, fracking, drugs, GMF

Those of us who've been very skeptical about the "science" behind Al Gore's global warming alarmism and warnings about fracking and genetically modified foods are vindicated in the Oct. 19 Economist article, Trouble at the lab. This is a must read.

Basically, the same 40% to 70% of high school kids who have told pollsters that they cheated on tests to get in to top schools also cheated in college and grad school and continue to cheat and cover up errors in their scientific research.

I've always believed too much in science and scientific research. But decades ago a scientist with a strong background in statistics and medical research abused me of my confidence in scientists' intellectual integritiy. Since then, a number of articles in the scientific literature and elsewhere by scientists have made me even more skeptical. 

This article in the Economist only increases my frustration with the smart scientists who do dumb things and undermine our confidence in their work. 

I've tweeted the following: Unreliable : Trouble at the lab. Must read. trials  and I've posted a link to the article on Facebook.

Posted by Donald E. L. Johnson on 10/25/13 at 12:47 PM
ColoradoEnergyEnvironmentClimate ChangeGlobal WarmingEthicsTrustQualitySciencePermalink

Until ObamaCare (ACA) law is changed, it can’t be “fixed”
"Glitches" aren't #ObamaCare's biggest problems. 
The biggest problem is that the law is unworkable, mandates worthless preventive care and wellness benefits, offers free primary care to the lonely well, and implements community rating instantly rather than over an acceptable transition period of several years. 
Make deductibles workable and affordable for the low income people who ObamaCare supposedly is intended to help. Create payment plans so that the deductibles can be paid off over three to five years. As now structured, the high deductibles, which I support for those who can afford them, will force more medical bankruptcies, not fewer.
Make it very difficult and expensive to defraud ObamaCare, Medicare and Medicaid. Think jail, huge fines. Maybe we need a special court and prosecutors/public defenders for health care fraudsters.
Breakup healthcare provider and insurer monopolies and oligopolies so that consumers will have real choices on the exchanges. Let private enterprises other than insurers or insurance brokers create, run and profit from health care exchanges. Get the incompetent, politically driven bureaucrats and politicians out of the health care exchange business.
Fix the law so that it will work for consumers and so that it can be sold on the Web. If you're not willing to admit mistakes and keep doing the same dumb things over and over, you're insane.

Why advertisers probably won’t use twitter and probably should not

twitter just announced that it plans to raise about $1 billion in an initial public offering of non-voting shares to the public. The IPO announcement has brought out the sharks in the advertising and stock picking worlds. In short, twitter doesn't look like a very good platform for its members, advertisers or speculators. But a bunch of twitter groupies (angels) probably will buy the stock even though the company is yet to make a profit and its growth is slowing.

When I want to mini blog on politics or sports, I use twitter. When I want to promote a post on my blog, I use twitter and/or Facebook. I am a fairly heavy user of twitter (6,900 tweets) and Facebook for mini-blogging about politics, but not about stocks or products.

When I want a product review, I go to Great reviews, lots of opinions. The writing is as good, in some cases, as you'll see in computer and car mags.

When I want to talk to my real friends, some high school buddies and Colorado Republicans, I use FaceBook, my blog and email, if not a lunch date, etc..
 When I want to get into discussions about products, politics, sports, health insurance, travel, hobbies, etc., there is nothing like the good old fashioned (1998- ) message board or forum.
When I want to send personal messages, I use e-mail.
If I want to sell something, there's nothing like Google Adsense, eBay, Amazon, Apple's app store or
I just searched twitter for printers because we all buy them at one time or another. #printers is unhelpful. Then I tried a brand, and all I got was that company's ads. No conversations, opinions, suggestions, rating. I won't go back to twitter for that kind of information. Facebook pages don't seem to be any more useful. 

So as a small business, I'd probably continue to use Google's Adsense, Craig', Amazon, ebay and maybe LinkeIn if I was selling services.
For car, health and property & casualty insurance, none of the above make much sense to me as a marketer unless I' was trying to drive some traffic to my web site. I'd use TV, Radio and direct mail. Same goes for consumer electronics, foods, drugs, investments, etc.
What social marketers seem to be forgetting is that most people who write well enough to be comfortable on twitter, Facebook, etc., are smart enough to shop, ask questions, demand answers and use Amazon, eBay, Craigslist and the web sites of retailers and producers of goods and services. We're not going to be swayed or even attracted by banner ads, annoying display ads or marketers' trolls.

Marketers, of course, are under pressure from their clients to use social media, and they're pressuring their clients to use social media or be left out. The herd has been moving into social media for more than a decade (CompuServe, message boards, news and topic sites and then FaceBook and twitter.) To me, it seems they'd better be sure that they're not the lemmings who are being led to the last cliff.
But, then, I'm not in marketing today, and I'm old fashioned as a marketer and as a consumer. Retired. The kids are having their fun making money with twitter and Facebook, and they probably are helping some clients. But I keep thinking that a lot of clueless CEOs are being had.

Posted by Donald E. L. Johnson on 10/05/13 at 07:37 AM

Why are Americans and Washington bitterly divided? Big Government is Corrupt Government


Big Government and soaring government spending corrupt takers and their elected representatives in Washington. That makes makers despise the takers and fight bitterly to end the corruption and vote buying.

Washington has been divided by Moocher Nation Takers who demand more from Social Security, Medicare, Medicaid, Foodstamps, Student Loans, Child Credits, Home mortgage interest credits, State Income Tax Credits, Green but not Clean energy subsidies, Farm Subsidies, Pell Grants, Fed funding for K-12, Government contracts and huge Corporate Tax Loopholes.

TAKERS prevailed as long as the pie was growing. Now, thanks to the soaring debt and sluggish economy, the pie is shrinking. Collaboration no longer is so easy.

So now TAKERS are up against the taxpaying Makers, many of whom also are Takers.

MAKERS fear the multi-Trillion-dollar wealth transfer known as ObamaCare, fiscal stimulus, quantitative easing at the Fed, Soaring state and Fed taxes and the Bankrupting of America.

MAKERS are seeing their highly educated, hard working, bright kids going unemployed and facing unemployment, lousy careers and lives without loving partners because of ObamaCare, the EPA, NLRB and Obama's wealth transfer agenda. Fear has become hatred.

Hatred breeds fear on the other side.

We have the hater-in-chief spouting hatred and refusing to lead.

And we see a desperate House trying to stop what its members and their constituents see as an historic attempt to "transform" America into Italy, Portugal, France, Spain and the U.K.

The TAKERS' greed for money and political power is up against the MAKERS' fear for their incomes, wealth and futures.

As long as there are only slightly more TAKERS than MAKERs, we will be bitterly divided. And Washington will be dysfunctional.

Posted by Donald E. L. Johnson on 10/04/13 at 06:19 AM
Congress 113thEconomyTaxesPermalink

Obama will call trillion dollar ObamaCare (ACA) a success; GOP will call it a failure

Obama will call whatever happens to his multi TRILLION dollar wealth transfer program that is known as  ACA or "ObamaCare" a "success". 

Republicans will call it a failure. 

Consumers will vote with their dollars and their votes in future elections. Congressmen who are overwhelmed with constituent calls complaining about ObamaCare will have their opinions.

As one who was writing editorials and columns advocating competition in health care markets in the 70s, 80s, 90s and 2000s, the exchanges look ok until you realize that local markets are now monopolized by a few providers and insurers who have no reason to get into price wars.

As a believer in high deductibles for those who can afford them, I worry about the high deductibles for the subsidized poor enrollees in ObamaCare. I'm thinking we may see a new surge of medical bankruptcies as the subprime enrollees decide that they don't need to pay their deductibles just as they have used bankruptcy courts to get out of paying their medical bills.

Finally, the exchanges are untested and won't be secure, accurate and workable for months, if not years. How may people will have to be screwed and frustrated by the exchanges to get them fixed?

Who will fix them?

The government that still has millions of workers using 10-year-old PCs?

Posted by Donald E. L. Johnson on 10/02/13 at 10:12 PM
Health insuranceHealth Insurance ReformPermalink
Page 5 of 283 pages ‹ First  < 3 4 5 6 7 >  Last ›
Weblog Search

Advanced Search


Political Bloggers
Climate Depot
Colorado Statesman
Complete Colorado
Drudge Report
Free Colorado
Mark Hillman
Mount Virtus
Open Regulatons
Outside the Beltway
Pew on the States
Power Line
Real Clear Politics
State Bill Colorado
TalkLeft (CO)
The New Republic
The Spot
The Weekly Standard
Town Hall

Centers for Disease Control
Centers for Medicare & Medicaid
Colo. Fundraising Reports
Colorado General Assembly
Colorado Legislative Council
Federal Election Commission

Investing & Speculating
Ag Web
Agri News
Banking News
Bespoke Investment
Bill Cara
Business Week Magazine
Dividend Growth Investor
ETF Expert
Forbes Magazine
Free Money Finance
Real Clear Markets
Seeking Alpha
The Big Picture
Ticker Sense
Wired Magazine

Health Care Blogs
Grunt Doc's Blog
Health Business Blog
The Health Care Blog
Healthcare Economist
Health Care Policy
Health Care Renewal
Medical Rants
Running a Hospital

Economics Bloggers & Data
American Economics Assn.
Calculated Risk
Committee for a Responsible Federal Budget
Cowen & Tabarrok
Econ Log
Economics Search Engine
Federal Reserve
Free Economic Data

Think Tanks
Alliance for Health Reform
American Enterprise Institute
Cato Institute
Commonwealth Fund
Galen Institute
Health System Change
Heritage Foundation
InterStudy Publications
Kaiser Family Foundation
Manhattan Institute
National Center for Policy Analysis
New America Foundation
NIHCM Foundation
Pacific Research Institute
Rand Corp.
MacArthur Foundation
Robert Wood Johnson
State Coverage Initiatives
Urban Institute

Writers' Resources
Business & Media
Content Bridges
Journalism Tips & Advice
Jeff Jarvis
The Journalist's Toolbox
Ref Desk

Small Business

Advertising, Marketing, PR
Avinash Kaushik
Build a Better Blog
Church of the Customer
Idea Lab
The Clip Report
Pharma Marketing
Search Engine Journal
Search Engine Watch Forums

 Business Word Archives