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Obamacare

Open Enrollment

Submitted by Roanman on Wed, 11/29/2017 - 08:54

From Bloomberg and Zero Hedge

Despite obscene increases in the cost of health insurance,

The number of bankruptcy filings among health care companies is "surging".

Because the geniuses who designed the "Affordable Care Act", "Obamacare" were so certain their legislation would completely eliminate uninsured citizens in the U.S., that they decided to offset the costs of the "Obamacare" by eliminating subsidy payments to hospitals that had previously been used to cover losses from treating uninsured patients.

These struggling health care providers primarily provide care within America's poorest communities in our inner cities and rural areas.

Of course!

Now, right here is where your Uncle Roany explains ... as opposed to, predicts ... the future.

As inner city and rural healthcare providers fail, well financed investors will step in and acquire the assets of these failed institutions.

You will be told that this is a great thing that these people have done because poor people in this country will not have to face life without their local hospitals.

Then, the new owners of these "assets" will succesfully lobby Congress for the reinstatement of the former subsidies in order to guarantee that nobody, regardless of means should go without healthcare.

Then these now "viable" healthcare companies will be offered and sold at a significant profit.

These profits will be taxed as capital gains and as such at a reduced rate.

Congratulations all around.

Oh yeah, and as an aside, here's the Q3 2017 US personal consumption totals.

Your goverment at work.

Reading on a Saturday Morning ..... finally

Submitted by Roanman on Sat, 03/26/2016 - 09:35

 

I haven't been able to sit and read on a Saturday for a long time.

Turns out that my first Saturday back offers just a treasure trove of stuff.

But where to begin?

Well, the children attending Emory University in Georgia, not having learned their lessons at the scorn heaped on the children at the University of Missouri and Yale over prior episodes, recoiled in pain and tears from chalk grafitti writings of the word "Trump" appearing on their campus.

The following is the headline and some of the bullet points taken from the Daily Mail's piece on the incident.

Click on the photo to the right or the headline below for the entire piece.

 

Students freak out because someone chalked Trump slogans on campus: Emory University president says students are scared and 'in pain'

 

 

Here's just a small sample of the blowback from the "Crybully" fad that is currently sweeping the nation's universities.

 

   

 

Not entirely sure just exactly what the hell is going on here.

 

Anyway, This one below in particular had me laughing for a couple hours this morning.

I'm thinking the the silly young boy below is drop dead certain that the category "Liberal Intelligencia" includes him.

 

As I feel very comfortable in asserting that your garden variety, professional economist falls comfortably into the category "Liberal Intelligencia", I'm also thinkin' he might want to rethink his little pigeon hole.

So, here are just a couple headlines from discussions on just exactly how well the "Liberal Intelligencia" is doing, at least where it comes to economics. There were multiples of dozens of examples to chose from, I selected the easy reads for you today.  Feel free to delve further.

You can click on any headline for the entire piece.

 

Why  are  economic  forecasts  wrong  so  often?

An astonishing record – of complete failure

Economists' Biggest Failure

And, since we are on the sublect of failure by the "Liberal Intelligencia", to quote President Barack Obama on the cost of Obamacare, 

"Now, I just want to repeat this because there's so much misinformation about the cost issue here.  You talk to every health care economist out there and they will tell you that whatever ideas are -- whatever ideas exist in terms of bending the cost curve and starting to reduce costs for families, businesses, and government, those elements are in this bill."

 

OOPSIES!!!

 

BEA = Bureau of Economic Analysis.

Apologists for the President on this issue will argue that because The Affordable Health Care Act, aka Obamacare provides health care for an addition 33 million people, he gets it half right.

Except that the number is now closer to 17 million ..... rounding up ..... maybe.

That's all for today, I've been summoned from on high to appear elsewhere. Maybe we'll chase these numbers around some next time. 

 

Reading on a Sunday Morning

Submitted by Roanman on Sun, 03/28/2010 - 09:19

 

This bit of fun is brought to you by Doctor, Senator Tom Coburn, Republican from Oklahoma.

The idea here being that since Democrats, having boxed themselves in by virtue of the tactics they employed to pass their Obamacare legislation, now were forced to go on the record in the Senate and vote against an unlimited number of Republican amendments.

Then defend that record in the fall. 

Among those amendments Democrats rejected:

  

No Erectile Dysfunction Drugs To Sex Offenders

(Amendment 3556)

This amendment would enact recommendations from the Government Accountability Office to stop fraudulent payments for prescription drugs prescribed by dead providers or, to dead patients. This amendment also prohibits coverage of Viagra and other ED medications to convicted child molesters, rapists, and sex offenders, and prohibits coverage of abortion drugs.

A 2005 survey found that some 800 convicted sex offenders had received Medicaid-funded impotence drugs.

 

Congress Should Not Lecture Americans About Fiscal Responsibility

(Amendment 3563)

This amendment would strike the creation of a new $375 million government program the new health bill (The Patient Protection and Affordable Care Act) intended to promote personal and financial responsibility. It is ironic that Congress, that amassed a $12 trillion deficit, should lecture Americans about financial responsibility. This government “responsibility” program duplicates existing government programs and adds hundreds of millions of dollars to the tax burden funds. In short, there is nothing responsible about the new responsibility program.

 

If You Like the Health Plan You Have, You Can Keep It

(Amendment 3559) 

President Obama promised that Americans who like their health care plan would be able to keep it. However, the Congressional Budget Office has said that millions of people will lose their current coverage under The Patient Protection and Affordable Care Act. Unfortunately, for many Americans, the reconciliation bill is even worse news, as it made changes to some grandfathering provisions. The changes to grandfathering provisions would mean that individuals with guaranteed renewable plans in the individual market will NOT be able to keep their current coverage at the current price, but would immediately be issued a new policy and charged more. This amendment strikes changes to grandfathered plans, so Americans who like the health care they have actually can keep it.

 

Implement Republican Ideas President Obama Has Endorsed To Crack Down on Waste, Fraud, and Abuse

(Amendment 3560) 

The President’s Proposal for health reform, released on February 22, 2010, highlighted nine Republican ideas to combat waste, fraud, and abuse. This amendment includes each of those policy provisions which have been endorsed by President Obama. Certainly Washington politicians should be serious about stemming the hemorrhaging of taxpayer dollars lost to waste, fraud, and abuse. Senators will have an opportunity to vote on proposals which have received bipartisan support, and which the President has endorsed.

 

Abortion Conscience Amendment

(Amendment 3561) 

This amendment would ensure health care providers are not forced to participate in abortions or discriminated against because they choose not to perform abortions. The federal government should never require health care providers to violate their deeply held moral, ethical or religious beliefs or discriminate against them because they choose to exercise their consciences and not be involved with abortion. This amendment would protect health care providers from being required or coerced to perform abortions.

 

Exempt Class I Medical Devices from New Taxation. 

Taxing latex gloves and band-aids is not health reform and only increases the cost of health care for patients. This amendment would exempt all Class I medical devices – such as band-aids, wheelchairs, hospital beds, and surgical gowns – from new federal taxation.

 

Highly Qualified Bureaucrats in the Department of Education Office of Federal Student Aid

(Amendment 3649) 

As the U.S. Department of Education prepares to become one of the world’s largest banks, this amendment holds government bureaucrats to the same high standards applied to U.S. teachers by requiring each employee within the U.S. Department of Education’s Office of Federal Student Aid to become “Highly Qualified” in fiscal management.

This amendment requires each employee within the U.S. Department of Education’s Office of Federal Student Aid to become “Highly Qualified” in fiscal management by earning a bachelor’s degree in finance or business management/administration within six years of the date of enactment.

 

Prohibits Members of Congress from receiving a pay increase until the budget is balanced

(Amendment 3689)

This amendment freezes the pay of Members of Congress until they balance the U.S. government’s budget. Members of Congress are paid an annual salary of $174,000 and, under a law passed by Congress, that amount is automatically increased every year. This amendment would block this automatic congressional pay raise until Congress stops borrowing money to pay for its excessive spending.

 

For the complete list of Senator Coburn's ammendments, click below.

I could not find the complete Senate list published at any one place. 

The complete list of amendments offered and rejected by House Democrats can be found here.

It's long, but worthy of some fast scrolling.

 

It's On!!!!!

Submitted by Roanman on Thu, 03/25/2010 - 12:36

It's On!!!!! ..... continued

Submitted by Roanman on Thu, 03/25/2010 - 12:34
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