61 votes

ObamaCare Imploding

Here is what Investors Business Daily has to say about Obamacare.

http://news.investors.com/ibd-editorials/041113-651603-obama...

Okay folks, I know you think the C-Span Channel that broadcasts all those Congressional hearings is boring, but, really, you should have been around to watch the Senate Finance Committee's hearing Wednesday on the Affordable Health Care Insurance Oversight.

Folks, you haven't seen so many faces of misery since you watched Les Miserables for three and a half hours...and they were all Democrats. And one of them, Senator Max Baucus, was the primary sponsor of Obamacare in the Senate!

Now, try to follow me here because this gets pretty complicated. (It seems that Nancy Pelosi was right; you DO have to pass Obamacare to find out what's in it...and the Democrats are now learning what the Republicans warned them about. It's an unworkable mess that is throwing millions of Americans off the health care rolls!)

Okay, apparently, tens of thousands of American employers began throwing workers off their health care plans and opting to pay the much lower federal fine for not offering health care for their workers. Thousands more are even now converting their full time workers to part time workers by limiting working hours per week to less than 30, in compliance with Obamacare rules. (Remember when Paul Ryan and the Republicans predicted employers would do this? Remember when Democrats were warned that employers would move to save operating expenses by moving their entire work force into federal healthcare exchanges?)

Now, these workers who have lost their health care benefits are busy trying to sign up for state health care exchanges. (There are Internet sites available if your state has agreed to sign up to Obamacare). However, when these American workers, soon to be without employee provided health care, go to the Health Exchange to sign up, they are finding they are not qualified! It seems that during the signup process, applicants are required to fill in various income and benefit data, which then flows over to IRS computers who then are to spit out what your premium costs will be and how much federal tax credits you'll receive in order to receive subsidies to help you afford health care premiums that are as much as 30% more than you were paying under your employer’s plan!

Big Problem! The IRS is only allowing somewhere around 9% subsidy support for Obamacare Health care Exchange premiums that are priced so much higher than the worker was paying under his employer plan! (Surprise, Surprise! Remember Republicans warning that forcing working Americans to pay for the 30 million leaches who pay nothing for their health care under Medicaid would drive the premiums of working Americans higher?)

Continue:

http://news.investors.com/ibd-editorials/041113-651603-obama...




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Cyril's picture

To Whom It May Concern anyone feel free to learn from the French

To Whom It May Concern: anyone feel free to learn from the French...

... about what NOT to do:

French Unemployment Nears 16 Year High (2/26/2013)

http://www.breitbart.com/InstaBlog/2013/02/26/French-Unemplo...

"Meanwhile, sounding a bit like President Obama, Hollande has refused to consider cuts to government spending for fear it would harm economic growth. France is literally counting on government excess to maintain its second consecutive year of 0% growth."

France's Health-Care System Is Going Broke (3/1/2013)

http://www.businessweek.com/articles/2013-01-03/frances-heal...

"The bottom line: The French government says the health system will fall €5.1 billion short in 2013, meaning it may be forced to cut cherished benefits."

Oh, dang! Surprise, surprise. How come?!

I'd recommend you don't count too much on your government to take care of you or your elders.

Including in the United States of America, in 2013 and on.

P.S.
Any volunteer to call and update Nancy Pelosi?

If I do it, I may NOT be able TO KEEP MY TEMPER MILD.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Obamacare's collapse is intentional: its is built into the plan

Obamacare's collapse is intentional. It is built into the plan right from the start.

The reason for this "uniquely American" approach to state-controlled health care was to sell it to skeptical Americans like a used Buick. Their Democrat legislators reaped the benefits of re-election by a grateful populace and vast sums of campaign donations from Big Insurance -- which, as we see, are the only beneficiaries of Obamacare.

However, this system was given a life span of only a few years -- before Obama's second term expires, in fact. It is doomed to die in order to foist a National Health Service with all medical personnel being nationalized as federal workers.

This is to ensure a total lock-down on Democrat base power for the next century.

The death of Big Insurance and the loss of its three million jobs will not be of importance to the DNC at that point. They will no longer rely on the millions in donations, as the unionized federal workers will pay their dues into DNC coffers without resistance from that point on.

So Obamacare HAS to perish in order for the Democrats to seize supreme power. It has to happen.

The only snag is that too many Democrats are stubbornly hanging onto the system which took so much of their time and emotions.

Its almost as bad as the Battle of Verdun in 1916: the idea was for the Germans to lure the French into defending the salient to meet their doom. But the Germans soon forgot their original mission and ended up killing themselves trying to capture the salient.

So it seems with Sen. Baucus and his ilk. They devised Obamacare with a view to kill it. But now, they can't seem to let go of their baby!

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

MAX BAUCUS

I hope Max Baucus is booted OUT finally, if we can prevent FRAUD from occurring at the election booths. He cheated on his wife with Melodee babe (who isn't a babe) who cheated on HER husband, Dr. Tom Bennett, at the time, too.

It was kept SECRET from the press at the time of his re-election!

-------------------------------------------------------------------------

HELENA, Mont. -- U.S. Sen. Max Baucus has married the former state director he once recommended for Montana's top attorney job.

Spokeswoman Kate Downen says the wedding Saturday at the Sieben Ranch was casual with close friends and family, but did not release a guest list. Several Montana media outlets reported Air Force Two carrying Vice President Joe Biden landed in Helena earlier in the day.

The 69-year-old senator recommended Melodee Hanes for Montana's U.S. attorney post in 2009, a move that came under scrutiny due to their relationship. She withdrew her name from consideration and took a job with the Justice Department in Washington, D.C.

They deserve each other, jerks!

Just like Social Security,

Just like Social Security, inflation is going to eat it alive. Fixed incomes are the first to feel its effects. Obviously the central planners did not factor that in when they introduced SS. Think about it, money you started putting in an account in 50's-60's when you started work is now worth much less as you are about to retire. What was the minimum wage back then? Hell, in the 80's it was considerably less. SS survives off of the current workers and producers inputs into the system, and when there is a decrease in that input the system collapses. They designed the program on perpetual growth (Keynesian) and that is ultimately unattainable.

Southern Agrarian

Off topic question.

Just what exactly is the definition of "fixed income"? I hear it a lot when people speak of those on Social Security but it seems to me that any standard 40 hour a week job is a "fixed income".

Seriously, what constitutes a fixed income?

Yeah. As if most empolyers

actually gave their workers regular raises. Ha!

To me fixed income is having

To me fixed income is having only static sources of income, like social security, interest pay outs, and finite savings to draw from, without the ability any longer to supplement such sources. That is, no income from work or business royalties, etc. Such fixed income is subject to the whims of inflation, and with fiat money being the legal US tender, always diminishes.

Hmmm. Ok so?

If you compare someone who works for minimum wage and someone who draws social security for instance. The person working for minimum wage MAY get a raise in the future. But then again someone on SS May also get a cost of living increase aka a raise in the future. The working person may do something on the side to make extra money. But the person on SS can and commonly does do the same. Inflation affects them both.

Is there an actual meaning to fixed income or is just one of those catch phrases that is used to sway peoples thoughts and/or emotions? I'm not being purposefully ignorant here I am just trying to find where the line is. I understand that someone who works on commission or other certain jobs by no means have a "fixed income" but most people can't just make more money by selling more hamburgers or whatnot.

Anyway, thanks for your response.

Correct. The current super

Correct. The current super low interest rate environment engineered by the Fed is crippling to retirees dependent upon fixed income sources. It is also crippling to their pension funds, which put a large portion of their money into bonds. This is intentional. It lets the federal government borrow very cheaply, and forces people into the casino of the stock market.

It's ALWAYS someone else's fault

Just like the neocons...

=======
RON PAUL 2012

I don't care what they do with Obamacare

I will not buy insurance for a service I do not use. I don't give a rats arss if they charge every cent of your income to pay for your fear "insurance" as long as I am not forced to get involved. The mandate is the problem here and the only problem.

Gilligan's picture

If you think healthcare is expensive NOW...

...just wait 'till it's FREE.

Snake Oil! ~ Get Your Snake Oil!... Step right up. ~ Snake Oil!

WARNING! May cause millions to lose healthcare coverage, increase national debt & increase premiums.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Free Health Care Will Be More Affordable w/ Government Plan!

Not only is healthcare now free, penalties will be prescribed for those that don't want to pay for free health care.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

glad my Senator was outraged

because he is going to be hearing from me very soon....on the realities of the new system. FFS, what they want me to buy costs 3 times what I am currently paying - for my own individual policy. It will be cheaper for me to pay a penalty on top of my current policy than get one of their approved policies.

All of Obamacare is unjust.

Obamacare has: - Lower quality care and doctors quitting, like Communism

- Death panels to get rid of the elderly and unwanted people, like Hitler

- Fines and imprisonment with 20,000 new IRS agents to enforce fine collection and target Americans for jail, like a "police state"

- Violation of conscience, which is against God's unalienable rights - and evil

- Rations and delays, like communism

- Abortion, which is murder

- Unwise Dollar destroying debt - now already exposed to cost twice as much, which is treason

- Lower salaries / higher unemployment due to employers laying off workers or reducing hours due to Obamacare fees

- Additional taxes to be paid off paychecks for "healthcare"

- Attacks to undermine the Constitution, which is treason

- Possible tainted blood as the government failed health management and gave tainted blood to veterans the news reported June 30, 2010

- Reduced wages as many companies are reducing workers to part time to avoid Obamacare fees

- Obama healthcare exchanges cost more than double what Obama said

- Higher prices on what we buy as it was withheld by Obama, Reid, Pelosi... that businesses will be heavily taxed, for example ATT alone has to pay $1 billion or more in extra fees and this will passed on to the people

- "Government" control of all your health records, like Communism
$500 billion-plus in over 20 new taxes, which many consider to be extortion

- Extra tax on home sales, which is unConstitutional

- $86 Billion increase in Medicare Payroll Tax

- Americans lose control as panels make decisions for you, like Communism

- Exempts illegal aliens from Obamacare taxes so Americans have to pay more, which is treason

- Without consent payments - Obamacare connects to your bank account

- Americans treated by less qualified people, as there already is a doctor shortage due to Obamacare bringing in millions of foreigners, as in Communism and treason

- Unconstitutional Hitler type 1099 tracking of business sales over $600

- A "healthcare" Hitler type army to be used inside the USA against Americans called the Ready Reserve Corps

- 7 million Americans to lose health coverage

- and more evil

jhon

Another Government Misnomer

The misnamed Patient Protection and Affordable Care Act doesn't protect and isn't affordable.
It may as well be called Obama Doesn't Care.

The GOAL is a single-payer system...

...and they'll get it!!!

The phones will be ringing off the hook, "what do I do?", "where do I go?"; confusion, lawbreakers, scams on the sick and the elderly, lies, frustration, enforcement of cherry-picked provisions; We The People will BEG for single-payer, and it will be called a Revolution and a victory over tyranny...

Setting up State exchanges, building a massive national medical database; can't happen, won't happen! Not enough time, money, nor understanding to bring about compliance, let alone a "smooth peaceful transition"...it's a mess...ON PURPOSE!

That's my opinion!
More Information:
Citizens Council for Health Freed
www.cchfreedom.org
651-646-8935

And,

As the peoples death rate soar, the controllers will use the excuse,
"we are doing the best we can" please be patient.
Ask the native americans how that healthcare works!
They had forced healthcare!!!!

NOSHEEPLE

"Everything government

"Everything government touches turns to crap" - Ringo Starr

excellent reporting

Your writing skill gets better and better with each post. You've made a despised subject very interesting to read about.
Whether or not it implodes is debatable. These dems are NOT going to want to admit defeat. I see trillions being wasted on this myth - not unlike AGW/climate change.

If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.
James Madison

Good Intentions/Terrible Results

The government's good intentions always seem to have terrible results.

Definition of every

Definition of every Progressive Utopia ever...

Southern Agrarian

SteveMT's picture

Like the road to hell,....

it's paved with lots of good intentions.

Cyril's picture

You think? Funny coincidence. Same intuition here.

You think?

Funny coincidence. Same intuition here.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

How about evil machination by the Federal

government. An unconstitutional take over of our most private information in an attempt to win votes and further the progressive agenda.

You may prefer

Evil Intentions/Dreadful Results

.

..." while the working poor and the rapidly declining middle class will be out in the cold without any health care, the Medicaid/Welfare leaches have no worry. They are covered by that $700 billion dollar pot of gold..."

Sounds like the makings of class warfare to me.

When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift

Yeah, that was a bad end to a good article.

People do what they must to survive. A welfare caste was deliberately created, and those who crave power want everyone in the welfare caste, beholden to them. To hold that against the people caught in the snare seems short sighted to me... those people are my allies in this battle against the tuckfards. The tuckfards are the leaches on us all.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

Interesting write-up

To put in a time capsule for future gens