"To retreat further - means to waste ourselves and to waste at the same time our Motherland. Therefore it is necessary to eliminate talk that we have the capability endlessly to retreat...it weakens us and benefits the enemy... This leads to the conclusion, it is time to stop retreating. Not one step back! Such should now be our slogan." - Order 227
Saturday, July 16, 2011
For Those Still Counting...
Thursday, February 10, 2011
ObamaCare Will Cost US 800,000 Jobs Says CBO
Chairman [Paul] Ryan: “[I]t’s been argued...that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”
Director [Douglas] Elmendorf : “Yes.”...
[…]
Rep. [John] Campbell: "Thank you, Mr. Chairman, we'll -- and Dr. Elmendorf -- and we'll continue this conversation right now. First on health care, before I get to -- before I get to broader issues, you just mentioned that you believe -- or that in your estimate, that the health care law would reduce the labor used in the economy by about 1/2 of 1 percent, given that, I believe you say, there's 160 million full-time people working in '20-'21. That means that, in your estimation, the health care law would reduce employment by 800,000 in '20-'21. Is that correct? "
Director Elmendorf: "Yes. The way I would put it is that we do estimate, as you said, that...employment will be about 160 million by the end of the decade. Half a percent of that is 800,000."
Thanks to Pelosi ramming the bill through, now we get to learn what's in it.
Friday, February 4, 2011
Calling Captain Obvious...

"Republican congressman leading the investigation into the Obama administration’s decision to grant more than 700 waivers to the new health care law is questioning whether the law could be effective if so many waivers are needed.
Rep. Cliff Stearns (R-Fla.) also noted the high percentage of Obama-supporting labor unions that received waivers -- which exempt them from a provision in the new health care law that bans annual limits on what insurance plans will pay for medical coverage."
Friday, January 28, 2011
Sunday, November 21, 2010
The Great American Health Care Waver Scam
"…I have been shocked by the number of Obamacare waivers that have been coming out of the Department of Health and Human Services. According to the New York Times, one hundred and eleven waivers have been granted to employers to allow them to avoid the new health insurance mandates.
The only thing more shocking than the number of waivers is who is getting them. Would you believe that they are some of the most ardent supporters of health care reform?
Unions like the Service Employees International Union (SEIU), the United Federation of Teachers, and the Transport Workers Union have all applied for and been granted waivers from the rules.
The fact is, Obamacare is bad for business, bad for workers, bad for seniors, and bad for taxpayers."
Rush Limbaugh hits on some of the low water marks coming from the Obama Administration regarding it's health care 'reform':
Tuesday, August 31, 2010
Unintended Consiquenses of ObamaCare
A new poll shows that public support for health care reform dropped sharply in August — a dagger in Democrats’ hopes that their landmark legislation will help them in November’s midterm.
Friday, November 20, 2009
ABC News: Reid Buys Obamacare Vote for $100 million
Pelosi Health Care Increases Deficit $89 Billion - CBO
From the Congressional Budget Office:
The Budgetary Impact of Enacting Both H.R. 3961 and H.R. 3962
Under current law, including the new rule, Medicare’s payment rates for physicians’ services will be reduced by about 21 percent in January 2010, and CBO estimates those payment rates will be reduced by about 2 percent annually for several subsequent years. H.R. 3961 would increase those payment rates by 1.2 percent in 2010 and restructure the SGR beginning in 2011. Those changes would result in significantly higher payment rates for physicians than those that would result under current law. CBO estimates that enacting H.R. 3961, by itself, would cost $210 billion over the 2010–2019 period.
H.R. 3962, the Affordable Health Care for America Act, would establish a mandate for most legal residents of the United States to obtain health insurance, set up insurance “exchanges” through which certain individuals could receive federal subsidies toward the purchase of such insurance, and make numerous other changes in the health insurance system, in federal health care programs, and in the federal tax code. CBO and the staff of the Joint Committee on Taxation estimate that enacting H.R. 3962, by itself, would reduce federal budget deficits by $109 billion over the 2010–2019 period through its effects on direct spending and revenues.
CBO estimates that enacting both H.R. 3961 and H.R. 3962 would add $89 billion to budget deficits over the 2010–2019 period. That amount is about $12 billion less than the sum of the effects of enacting the bills separately. The $12 billion difference results from two types of interactions. The higher payment rates for physicians’ services under H.R. 3961 would increase the net cost of provisions in H.R. 3962 by about $3 billion. However, that difference would be more than offset by the effect of a change under H.R. 3962 in how payment rates for Medicare Advantage plans are set. That change would reduce the effect of the changes made by H.R. 3961 to Medicare’s payments for physicians’ services in the fee-for-service sector on payment rates for Medicare Advantage plans. As a result, the estimated increase in payments to Medicare Advantage plans would be $15 billion smaller if both bills were enacted than under H.R. 3961 alone.
The agency estimates that the two bills together would cost about $32 billion more in 2019 than H.R. 3962 alone and that the combination of the two bills would increase the budget deficit in 2019 by $23 billion relative to current law.Those increments would grow during the following decade. As stated in its October 29, 2009, letter to Congressman Charles B. Rangel, “CBO expects that [H.R. 3962] would slightly reduce federal budget deficits in that decade relative to those projected under current law—with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP [gross domestic product].” If both H.R. 3961 and H.R. 3962 were enacted, CBO expects that federal budget deficits during the decade following the 10-year budget window would increase relative to those projected under current law— with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP.
Is it possible that Reid and and Pelosi "mis-stated" the facts in order to get health care approved?
Monday, September 14, 2009
The Truth War
In 2005 Harvard University published a consumer finance study of bankruptcies filed in 2001. It found illness and medical bills caused about 50% of personal bankruptcies. The best part is that 75% of those people had health insurance at the start of their illness. Read the entire study HERE.
38% lost their insurance during the illness. Because COBRA insurance is available for 18 months in the event they lost their job due to the illness (by the current federal law), either their insurance was canceled, hit their lifetime cap, or they had to make the hard choice of food Vs insurance premium. I didn't go to Harvard and there is no way to confirm, but my best guess is that lack of income because of the illness created an inability to work. Lack of income was a far greater cause leading to bankruptcy rather then just a lack of health insurance. However it is safe to assume that loss of insurance during the illness due to inability to pay the premium is an contributing issue. Which brings us to the health care plan. Even with the public option of government supported insurance, I don't believe any government program will move fast enough in moving someone from the public option to a Medicare type plan to have any real chance of avoiding bankruptcy. There is no reason to believe that the addition of a government supported Universal Health Insurance option, or any of the other proposed changes in the health care system will have any real financial impact of a catastrophic illness to the point of keeping a consumer out of bankruptcy.
EXIT QUESTION: Which issue is a greater threat to our economy and in greater need of reform: our health care system, or our financial system?
Saturday, August 22, 2009
Et tu, Brute?
Bob Herbert of The New York Times asks:
"The president has not made it clear to the general public why health care reform is his top domestic priority when the biggest issue on the minds of most Americans is the economy. Men and women who once felt themselves to be securely rooted in the middle or upper middle classes are now struggling with pay cuts, job losses and home foreclosures — and they don’t feel, despite the rhetoric about the recession winding down, that their prospects are good." Entire article HERE
Even the Orange County Register is beginning to doubt whether the President's wardrobe has any actually cloth:
"...the president retains his formidable political skills, artfully distracting attention from his stimulus debacle with his health care debacle. But there are diminishing returns to his serial thousand-page, trillion-dollar boondoggles. They may be too long for your representatives to bother reading before passing into law, but, whatever the intricacies of Section 417(a) xii on page 938, people are beginning to spot what all this stuff has in common: He's spending your future. And by "future" I don't mean 2070, 2060, 2040, but the day after tomorrow." Article HERE
In the words of the late, great Hunter S. Thompson, "How long, o Lord, how long?"