Nov 18

Obamacare

- 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 »

Tags: , , , , , , ,

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 »

Tags: , , , , , , ,

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 »

Tags: , , , , , , , ,

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 »

Tags: , , , , , , , , ,

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.”


Screen-Shot-2014-11-10-at-6.40.35-PM-300x213

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 »

Tags: , , , , , , ,

Nov 08

obamacare-symbol

- Obama’s Week Just Got Worse: Supreme Court To Rule On ObamaCare Subsidies (ZeroHedge, Nov 7, 2014):

Getting ‘shellacked’ in the Midterms, coming 2nd to Putin as the world’s most powerful person, and now, as AP reports, The Supreme Court agrees to rule on insurance subsidies in a new challenge to ObamaCare. Simply put they will judge whether subsidies for middle- and lower-income people are legal…

As AP reports,

The Supreme Court has agreed to hear a new challenge to President Barack Obama’s health care law.

The justices on Friday say they will decide whether the law authorizes subsidies that help millions of low- and middle-income people afford their health insurance premiums. Continue reading »

Tags: , , , , , , , ,

Oct 15

obamacare-symbol

- Obamacare likely to cost $300 billion more than thought – Congressional Budget Office (RT, Oct 14, 2014):

The real cost of Obamacare will be hundreds of billions of dollars more than expected, Republican members of the Senate Budget Committee now say, and will greatly increase the federal deficit during the next decade.

Contrary to claims made by the White House, United States President Barack Obama’s hallmark health care plan will actually have a tremendous toll on the government, GOP members of the SBC committee allege in a new report.

According to an analysis of data received by the Congressional Budget Office, Senate Republican say so-called Obamacare won’t reduce the federal budget deficit by $180 billion by 2019 as predicted, but will actually set the US back another $131 billion in the hole. Continue reading »

Tags: , , , , , , ,

Oct 07

walmart

- Walmart Ends Healthcare Benefits For Workers Under 30 Hours (ZeroHedge, Oct, 7, 2014):

Under the title (only-a-PR-person-could-make-up) “Providing Quality Benefits for Our Associates,” Walmart – who employs 1.3 million people in America, has changed its eligibility standards for healthcare benefits. “Like every company,” they explain “Walmart faces rising healthcare costs,” and so are ending benefits for associates who work less than 30 hours a week. Continue reading »

Tags: , , , , ,

Sep 25

obamacare-symbol

- Obamacare Website Costs Top $2 Billion, Almost Triple Government Estimates (ZeroHedge, Sep 25, 2014):

What’s the opposite of government efficiency? In a double-take-instigating headline, the federal government’s Obamacare enrollment system has cost about $2.1 billion so far, according to a Bloomberg Government analysis of contracts related to the project. BGOV’s analysis shows that costs for both healthcare.gov and the broader reform effort are far greater than anything publicly discussed. However, that pales into insignificance when considering health reform has cost American taxpayers $73 billion in the last four years… and counting.

As Bloomberg reports, Continue reading »

Tags: , , , , , , ,

Aug 30

obamacare-symbol

- CBO: Obamacare Discourages Work (ZeroHedge, Aug 29, 2014):

Remember all those allegations that Obamacare would be an unmitigated disaster for businesses, especially smaller companies? Well, now we have some facts. A week ago we noted that the Philly Fed found that Obamacare was a disaster for business, and now no lessor entity than the Congressional Budget Office (CBO) is out with its latest forecasts, concluding “certain aspects of the Affordable Care Act will tend to reduce labor force participation.”

20140828_CBO

Via Kevin Hall of TownHall.com,

the CBO does write, though, is that one of the downward pressures on the labor force is Obamacare. As the report finds: Continue reading »

Tags: , , , , , ,

Aug 22

Obamacare-screws-middle-class
Mission accomplished!

- Obamacare Is A Disaster For Businesses, Philly Fed Finds (ZeroHedge, Aug 21, 2014):

Remember all those allegations that Obamacare would be an unmitigated disaster for businesses, especially smaller companies? Well, now we have proof.

As the Philly Fed, which mysteriously soared at the headline level even as the vast majority of its components tumbled, reported moments ago, “in special questions this month, firms were asked qualitative questions about the effects of the Affordable Care Act (ACA) and how, if at all, they are making changes to their employment and compensation, including benefits.”

What the survey found was very disturbing: not only did businesses report that as a result of Obamacare the number of workers they employ is lower than higher (18.2% vs 3.0%), that there has been an increase in part time jobs (18.2% higher vs 1.5% lower), leading to a big increase in outsourcing and most importantly, Obamacare costs are being largely passed on to customers (28.8% reporting higher vs 0.0% lower), the punchline was that while there is basically no change in the number of employees covered (17.6% higher vs 14.7% lower and 67.6% unchanged), there has been a big jump in Premiums, Deductibles, Out-of-pocket maximums, and Copays, which has been “matched” by a far greater reduction in the range of medical coverage and the size of the network.

In short a disaster. Continue reading »

Tags: , , , , , , , ,

Aug 16

- Is Collapse the Only Real “Fix” to Our Healthcare and Legal Systems? (Of Two Minds, Aug 14, 2014):

If structural reform is impossible as a result of political capture by vested interests, collapse is the only “fix” left.

A few days ago I discussed the overlap of two bankrupt systems: Healthcare (a.k.a. Sickcare) and our legal system–malpractice. Today we hear from two correspondents on possible fixes to malpractice: Ishabaka (M.D.) and Randy, who combines both legal and medical expertise in his family: he is an attorney and his wife is a physician.

First up: Ishabaka (M.D.), a physician who has practiced medicine in both Canada and the U.S. and served an an emergency room doctor for many years. Continue reading »

Tags: , , , , ,

Aug 13

- It’s Not Just Healthcare That’s Bankrupt–It’s Our Legal System, Too (Of Two Minds, Aug 11, 2014):

Yes, there is malpractice, but our current system is insane.

What can you say about a “healthcare” system in which 99% of all physicians will face a malpractice claim in their careers? According to Malpractice Risk According to Physician Specialty (The New England Journal of Medicine), “It was estimated that by the age of 65 years, 75% of physicians in low-risk specialties had faced a malpractice claim, as compared with 99% of physicians in high-risk specialties.” Continue reading »

Tags: , , , ,

Aug 09

obamacare-symbol

- Former Obamacare Boss Admits She Deleted Emails Sought By Congress (ZeroHedge, Aug 8, 2014):

On the bright side, Marilyn Tavenner – appointed by President Obama to take over CMS within the Department of Health and human Services in 2013 – did not suffer a hard-drive crash. However, as MSNBC reports, she may be unable to cooperate with House Oversight and Government Reform Committee subpoenas because she deleted emails.

As MSNBC reports,

A team of HHS officials is now working to reconstruct Tavenner’s inbox by collecting emails from people she typically corresponded with and through other methods. They expect to recover “most, but not all” of Tavenner’s emails, the letter adds. Continue reading »

Tags: , , , , , , , ,

Aug 02

- First Ever Ebola Case On US Soil As Patient Lands In Atlanta; CDC Urges Calm – Live Feed (ZeroHedge, Aug 2, 2014):

A plane carrying Dr. Kent Brantly, the American doctor who contracted Ebola while treating patients in West Africa, landed at Dobbins Air Reserve Base in Marietta, Georgia, at around 11am this morning – the first ever case of Ebola on US soil. He is being escorted to Emory Hospital under police escort. His colleague Nancy Writebol will arrive later on a separate flight as the planes are equipped to deal with one quarantined patient at a time. As ABC reports, both are listed in “serious but stable condition.” The CDC’s director explained the infected patients pose little risk to others, adding “these are American citizens. American citizens have a right of return. I certainly hope people’s fear doesn’t trump their compassion.” What is perhaps raising that fear among Americans (and frankly the world after yesterday’s WHO warning of “high risks of spread to other countries”) is the fact that, as Reuters reports, more than 100 health workers fighting Ebola have contracted it themselves.

Tags: , , , , , , ,

Jul 26

Aaaaand the video is gone.

That was fast.

Download the video as the replacements may soon also disappear.

Replacement 1:

Replacement 2:



Replacement 3:

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Jul 26

Obamacare12

- ObamaFraud: GAO Study Finds Almost All Fake Applicants are Approved for Subsidized ObamaCare (Liberty Blitzkrieg, July 25, 2014):

Although it hasn’t been a focus for a while, the incompetent disaster that has been the ObamaCare rollout has been well documented on this site.

Here are just a few posts on the subject: Continue reading »

Tags: , , , , , , ,

Jul 23

- In Potentially “Lethal Blow” For Obamacare, US Appeals Court Finds Insurance Subsidies Invalid In Most States (ZeroHedge, July 22, 2014):

It may be back to square 1 for Obamacare.

Moments ago, in what NBC classified as a “potentially lethal blow to Obamacare” a federal appeals court has ruled that the federal government may not subsidize health insurance plans bought by people in states that decided not to set up their own marketplaces under Obamacare. The law clearly says that states are to set up the exchanges. But 34 states opted not to, and the federal government took over in those states. The court ruled that federal government may not pay subsidies for insurance plans in those states.

As the Hill reports further, the D.C. Circuit Court of Appeals said the Affordable Care Act does not permit the IRS to distribute premium subsidies in the federal ObamaCare exchange, meaning those consumers must bear the full cost of their insurance. Continue reading »

Tags: , , , , , , , ,

Jul 21

obamacare-symbol

- White House ‘Quietly’ Exempts 4.5 Million People In 5 “Territories” From Obamacare (ZeroHedge, July 20, 2014):

As WSJ reports, last week’s geopolitical chaos and distraction was ideal for a news dump, and the White House didn’t disappoint: On no legal basis, all 4.5 million residents of the five U.S. territories were quietly released from ObamaCare. It seems the costs of healthcare soared in these five territories due to uneconomic mandates – which woul dhave been a disaster PR-wise for the administration and so, under cover of catastrophe, WSJ reports all of a sudden last week HHS discovered new powers after “a careful review of this situation and the relevant statutory language,” that enabled them to ‘selectively exempt’ American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and Virgin Islands from Obamacare. And all while vacationing…

As WSJ reports, Continue reading »

Tags: , , , , , , , ,

Jul 17

From the article:

“The unsubsidized cost of Obamacare for two 60-year old healthy adults ($23,244 annually) for an inferior plan to what we had before exceeds the cost of rent or a mortgage for the majority of Americans. Please ponder this for a moment: buying healthcare insurance under Obamacare costs as much or more as buying a house.”


- Why America’s Healthcare (Sickcare) System Is Broken and Unfixable (Of Two Minds, July 16, 2014):

Here’s a two-word summary of why the American healthcare system is fundamentally broken and cannot be fixed with policy tweaks: perverse incentives.

If you type sickcare in the custom search box on this site, you get 10+ pages of articles. I have covered healthcare/sickcare in depth for many years. I have many correspondents within the sector (doctors and nurses), and have paid the unsubsidized costs of insurance as an employer or as a self-employed worker for 30+ years. Continue reading »

Tags: , , , , , , , ,