Jul 15

Marilyn Tavenner

–  A Complete Farce: Ex-Obamacare Head To Lead Health Insurance Lobby (ZeroHedge, July 15, 2015):

If there was any doubt just who Obamacare was created to serve from day one (spoiler alert: it was never America’s population), we now have the answer and it is so simple, even a 5-year-old can get it. Moments ago Politico reported that former Medicare chief Marilyn Tavenner, and the infamous former administrator of the Centers for Medicare and Medicaid Services who was responsible for writing many of Obamacare’s rules and regulations for the insurance industry, only to be fired following the disastrous rollout of the HealthCare.gov enrollment website, has been hired as the new CEO of America’s Health Insurance Plans, the “powerful K Street lobbying group.

Cited by Politico, AHIP board chairman Mark Ganz in a statement that”There is no better individual than Marilyn to lead our industry through the increasingly complex health care transformation that is underway. She has the respect and trust of policymakers and stakeholders from all sides, and a personal commitment to advance meaningful solutions for improving access to quality, affordable care for all Americans.” Continue reading »

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Jul 06

Obamacare Sticker Shock Arrives: Insurance Premiums To Soar 20-40% (ZeroHedge, July 6, 2015):

Two months ago, we outlined why the CPI-boosting Affordable Care Act is on the verge of bankrupting that all important driver of the US economic growth engine — the American consumer.

Put simply, inflation in medical care services costs hadn’t yet reared its ugly head because many insurers were as yet unable to gauge the full base-effect impact of Obamacare on their P&L. That, we said, was about to change: “After finally digesting the true cost of Obamacare, any recent insurance prime hikes will seem like a walk in the park compared to what is coming.

Medical Care Services Inflation

Sure enough, insurers have now taken a close look at exactly how much socialized medicine is costing them.

Not surprisingly, the picture isn’t pretty. Continue reading »

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Jun 27

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America’s Obamacare Nightmare Is Just Beginning (The National Interest, June 26, 2015):

This week the U.S. Supreme Court ruled that the federal government could continue to subsidize health-insurance coverage through Healthcare.gov, the federal exchanges. An ecstatic President Obama declared that Obamacare is “here to stay.”

No, it’s not.

A judicial victory doesn’t automatically translate into a political victory, let alone a policy success. Once they’ve quaffed their celebratory champagne, the president and White House staff will need to suit up and get ready to play some hard-nosed defense. Continue reading »

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Jun 25

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“Most Liberal Supreme Court Since 1960s” Gives Obama Huge Victory With 6-3 Vote In Favor Of Obamacare (ZeroHedge, June 25, 2015)

The Supreme Court has ruled that people who bought healthcare coverage through federal exchanges as part of Obamacare can keep subsidies that effectively limit the amount low- and middle-income Americans pay for health insurance to 9.5% of their income or less.

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May 25

H/t reader M.G.:

“More from the WSJ….this time from the insurers point of view. Some greedy gut insurance companies are asking premium rates of over 50%……Obamacare put no limits on the amount of money they can charge. It just made it a crime for any American to go without coverage……..giving greedy guts a captive market of over 316 million people.
The IRS will go after anyone who defies this law, and the IRS has more financial power than any other government agency.
Found the link on Huffington Post……..”


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Health Insurers Seek Hefty Rate Boosts (Wall Street Journal, May 21, 2015):

Major insurers in some states are proposing hefty rate boosts for plans sold under the federal health law, setting the stage for an intense debate this summer over the law’s impact.

In New Mexico, market leader Health Care Service Corp. is asking for an average jump of 51.6% in premiums for 2016. The biggest insurer in Tennessee, BlueCross BlueShield of Tennessee, has requested an average 36.3% increase. In Maryland, market leader CareFirst BlueCross BlueShield wants to raise rates 30.4% across its products. Moda Health, the largest insurer on the Oregon health exchange, seeks an average boost of around 25%.

All of them cite high medical costs incurred by people newly enrolled under the Affordable Care Act.

Obama Supporters Meet Obamacare Continue reading »

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May 06


May 5, 2015

Related info:

US Trade Deficit Soars To Worst Since Financial Crisis; Will Push Q1 GDP Negative

US Economy Grinds To A Halt, Again: Q1 GDP Tumbles Below Expectations, Rises Paltry 0.2%:

Without this epic stockpiling of non-farm inventory which will have to be liquidated at some point (and at a very low price) Q1 GDP would have been -2.5%.

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Apr 15

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The one chart that proves Obamacare really is working (for the fascists) (ZeroHedge, April 14, 2015):

With the election cycle starting up again, we are going to be bombarded more and more with propaganda like this:  7 Charts That Prove Obamacare Is Working

I submit to you that, below, is the one chart that proves Obamacare really is working (for the fascists).

Since the Obama administration began pushing the healthcare reform bill in early 2009, the stock prices of the Big Five health insurers have done remarkably well, even vs. the S&P 500, and even without taking into account their phenomenal dividend yields.

Obamacare is working

Google Chart

Question: How many patients did Cigna, BCBS (Anthem), Aetna, United Healthcare, or Cigna diagnose or treat last month?  Last year?

Answer: Zero.

Continue reading »

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Mar 27

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It’s Official: Americans Spent All Their “Gas Savings” On Obamacare (ZeroHedge, March 27, 2015):

Last quarter, when we showed what was “The Reason For The “Surge” In Q3 GDP”, some were shocked to learn that in the quarter in which US GDP posted a 5% surge, it was none other than Obamacare – a mandatory tax according to the Supreme Court which has the benefit of flowing through the US income statement – which contributed the bulk of this upside.

Final Q3 GDP contribution_2

We are happy, and we use the term loosely, that history has just repeated itself, and now that the final number is available, what we wrote a month ago in “Here Is What Americans Spent Their “Gas Savings” On” has just been confirmed, and as the chart below shows, in the final revision of Q4 GDP, while virtually every other category of household spending was largely unchanged or revised lower, it was Healthcare, of which Obamacare was the biggest contributor on the margin, which saw an unprecedented surge in total spending, from $1.858 trillion to $1.871.9 trillion just between the second and final GDP revisions: a bump of $13.9 billion, without which Q3 GDP would have grown well below 2%!

Obamacare Q4 GDp_1

It gets better, because in the fourth quarter total spending on healthcare in chained-dollars was a whopping $35.3 billion. An all time record! Continue reading »

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Mar 05

“There’s Going To Be Chaos” – What Is The Worst-Case Outcome Of Today’s Supreme Court Obamacare Hearing (ZeroHedge, March 4, 2015):

Today, for the second time since 2012, the fate of Obamacare lies in the hands of the Supreme Court, and like last time, it will likely be all about Justice John Roberts ‘ decision. Later today, the US Supreme Court will hear oral arguments in the case of King v. Burwell, the latest challenge to Obamacare, and one that could potentially leave it gutted from an unexpected direction. As a result, nearly eight million Americans could lose their health insurance depending on how the Supreme Court interprets four words in the “Affordable” Care Act.

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Feb 28

Here Is What Americans Spent Their “Gas Savings” On (ZeroHedge, Feb 27, 2015):

Last quarter, in “This Is What Americans Spent The Most Money On In Q4” we showed that according to the first estimate of Q4 GDP data, the American consumer spent a whopping $20.4 billion in nominal dollars on healthcare, which also resulted in the biggest consumption contribution to GDP in years.

Today, following the first revision of consumer spending, we learn that in the fourth quarter Americans spent even more on healthcare, pushing the total up by $1 billion more, to a whopping $21.4 Bn, or 18% of all spending on goods and services in Q4.

This upward revision on healthcare, of which Obamacare was the primary source of mandatory spending, takes places even as the bulk of the key spending line items were revised lower following the revision.

In any event, the math is clear – the next time anyone asks you what Americans spent their so-called “gas savings” on in Q4, and why retail sales in the end of 2014 (and the start of 2015) were so weak, show them this chart.

persona spending Q4 revised

Source: BEA

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Feb 25

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Related info:

CDC Allegedly Falsifies Reports, Ignoring Up To 3,587 Miscarriages From H1N1 Swine Flu Vaccine

Shocking H1N1 Swine Flu Vaccine Miscarriage Stories From Pregnant Women


Mandatory--Forced-Vaccininations

Forced Adult Vaccinations at Federal Levels Comment Period Now (Activist Post, Feb 20, 2015):

U.S. HHS is Going for More Vaccinations during Pregnancy, Employer-enforced adult vaccination requirements, and, probably, Faith-based groups to uptake vaccinations

The U.S. Health and Human Services published a 46-page draft proposal and notice in the Federal Register recently regarding more mandated vaccines for adults, and especially pregnant females; employer-enforced adult vaccinations; and probably for getting faith-based groups to uptake and not oppose vaccines/vaccinations.

There is an open public comment period that ends March 9, 2015, for consumers to register their comments, etc. per instructions at this website.

How to file your comments Continue reading »

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Feb 01

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The Future of Medicine? Forget Private Doctor Appointments, Group Medical Visits are Coming (Liberty Blitzkrieg, Jan 30, 2015):

According to the American Academy of Family Physicians, around 10 percent of family doctors already offer shared medical appointments, sessions that bring together a dozen or more patients with similar medical conditions to meet with a doctor for 90 minutes. With pressure from the government and insurers to bring down the cost of care while treating the increasing number of people with health insurance, patients can expect group visits to become more common. “It’s efficient. It’s economical.

– From the Bloomberg article: Your Next Doctor’s Visit Could Get Crowded

Get ready, this is coming. While this trend was already happening before the passage of Obamacare, it’s not hard to imagine that private medical consultations could soon be a thing of the past for your average American serf.

Somehow I doubt members of Congress will be having group visits any time soon…

From Bloomberg:

Continue reading »

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Jan 31

Obamacare Fine to Be Owed by as Many as 6 Million Taxpayers (Bloomberg, Jan 28, 2015):

(Bloomberg) — As many as 6 million U.S. taxpayers will have to pay a penalty of as much as 1 percent of income because they went without health insurance in part or all of 2014, the Treasury Department said.

The penalty, part of the Patient Protection and Affordable Care Act, is designed to encourage people to sign up for health insurance using the expanded options and financial assistance available under the law, known as Obamacare. The penalty would apply to about 2 percent to 4 percent of all taxpayers for 2014.

Continue reading »

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Jan 30

Obamacare

– Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4 (ZeroHedge, Jan 30, 2015):

If readers need clarification on what was the primary source of spending-based “growth” for the US economy in the fourth quarter, the same source that bumped up final Q3 GDP from 3.9% to 5.0%, please ping us: we will gladly explain the chart below.  And just in case it is still unclear what Americans are spending their “gas sasvings” on, here it is one more time.

Q4 spending GDP

And just in case the fading impact of Obamacare is not already priced in, here is what Q4 inventories did: rising by $113.1 billion in Q4, this was the second highest quarterly increase in the 21st century, second only to September 2010. It’s all GDP-crushing liquidations from here. Continue reading »

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Jan 07

H/t reader squodgy:

“Whatever happened to the HIPPOCRATIC OATH?
Was there a typo when Obamacare came in & it is now the HYPOCRITIC OATH?”


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Bankrupt government slashing payments to doctors by 43%; medicare patients to be rejected nationwide (Natural News, Jan 7, 2014):

As we’ve warned for months, just because Americans are required to have health insurance coverage under regulations contained in the Affordable Care Act, that doesn’t mean that they will have access to care.

If you recall, the entire purpose behind Obamacare, according to the president and the law’s backers, was only to insure something like 14 or 15 million people, because at the time the measure was being debated, the vast majority of Americans — well over 80 percent — had health insurance. What’s more, the bulk of those insured had private sector plans, and most were insured through employers; the number of Americans on taxpayer-subsidized coverage, like Medicaid, was minimal. Continue reading »

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Nov 18

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Obamacare = A Death Panel For The U.S. Economy (Economic Collapse, Nov 16, 2014):

Did you know that some Americans are being hit with health insurance rate increases of more than 500 percent?  Taking advantage of “the stupidity of the American voter”, the Democrats succeeded in ramming through one of the worst pieces of legislation that has ever come before Congress.  The full implementation of Obamacare has been repeatedly delayed, but now we are finally starting to see the true horror of this terrible law.  Thanks to Obamacare, millions of American families are losing health plans that they were very happy with, health insurance rates are skyrocketing, millions of workers are having their full-time hours cut back to part-time hours, rural hospitals all over the country are dying, and thousands of doctors are being driven out of the industry thus intensifying the greatest doctor shortage in U.S. history.  Obamacare is a slow-motion train wreck of epic proportions, and the full effect of this law is only beginning to be felt.  In the end, the economic impact of this law will likely be measured in the trillions of dollars. Continue reading »

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Nov 17

Obama Comments On Grubergate: “I Did Not Mislead Americans” Even As Gruber Pocketed Millions (ZeroHedge, Nov 16, 2014):

The last thing Obama needed brought up during the just concluded G-20 conference, where world leaders generously agreed to boost global GDP by $2 trillion (let’s all hold our breath while they “just go find a cash machine“) while bashing Putin pretty much non-stop for 48 hours to the point where the Russian leader left early (due to “lack of sleep“), was the whole “Gruber thing”, i.e., the recent revelations that the architect of the “Affordable” Care Act, Jonathan Gruber, relied on the “stupidity of American voters” to pass Obamacare. Sadly for the American president, not even halfway around the world could he get away from the humiliation that has clouded his one and only domestic policy “success” in his 6 year tenure. Continue reading »

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Nov 14

ObamaCare Creator Admits If He Had Told The Truth “It Would Not Have Passed” (ZeroHedge, Nov 13, 2014):

Having exposed the disgraceful reality of ObamaCare’s passage into law (and then apologized for being caught saying that “stupidity of the American voter” helped Congress approve the bill); a 3rd and 4th clip of the healthcare law’s architect Jonathan Gruber (who Nancy Pelosi says she has never heard of despite her role in the law’s birth) have surfaced… and it’s not pretty. As CNN reports, the emergence of this video with Gruber repeatedly suggesting that “stupid” voters were misled for their own good by Obamacare supporters is a political problem for Obama as the Supreme Court is set to rule on subsidies.

The 3rd video…

“It’s a very clever, you know, basic exploitation of the lack of economic understanding of the American voter,” Gruber said at the Honors Colloquium 2012 at the University of Rhode Island. Continue reading »

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Nov 13

3 Videos Have Now Surfaced of Obamacare Architect Saying American People Are Stupid and Must Be Fooled (Washington’s Blog, Nov 12, 2014):

In 3 separate videos shot at 3 different events in 3 different cities, the main architect of Obamacare – Jonathan Gruber – said the American people are stupid, and must be lied to for Obamacare to pass …

Here’s the first one:

Here’s the second:

Continue reading »

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Nov 11

Caught on tape:

“Lack of transparency is a huge political advantage,” Gruber said. “And basically, call it the stupidity of the American voter or whatever, but basically that was really, really critical for the thing to pass.”


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–  Video of the Day – Obamacare Architect Credits “Lack of Transparency” and “Stupidity of the American People” for Passage of Healthcare Law (Liberty Blitzkrieg, Nov 10,2014):

Earlier today, I published a post titled, Inside the Mind of an Oligarch – Sheldon Adelson Proclaims “I Don’t Like Journalism, which zeroed in on the condescending attitude oligarchs and their technocrat minions have toward the general population. I wrote:

The term oligarch is reserved for those with extreme wealth who also want to control the political process, policy levers and most other aspects of the lives of the citizenry in a top-down tyrannical and undemocratic manner. They think they know best about pretty much everything, and believe unelected technocrats who share their worldview should be empowered so that they can unilaterally make all of society’s important decisions. The unwashed masses (plebs) in their minds are unnecessary distractions who must to be told what to do. Useless eaters who need to be brainwashed into worshipping the oligarch mindset, or turned into apathetic automatons incapable or unwilling to engage in critical thought. Either outcome is equally acceptable and equally encouraged.

It’s quite timely that those words appeared on the site the same day that a video clip emerged of MIT economics professor, and the architect of Obamacare, Jonathan Gruber, admitting that the legislation was intentionally complex and misleading in order to pass Congress and elicit limited outrage from the “stupid” American public.

The Hill reports that: Continue reading »

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