Tag: Congressional Budget Office

A Response to a Reader’s Comments:

Healthcare USA, after Anton Bruehl
Healthcare USA, after Anton Bruehl (Photo credit: Mike Licht, NotionsCapital.com)

As usual, your comment plays on the emotions and fears of the uninformed, but has little in the way of fact and reality.  You paint the picture of “Ron Paul conservatives” cruelly turning people away from urgently needed medical care.  Oh …. those cold-hearted conservative bastards!  They make Scrooge look like Mother Teresa! Did you know conservatives eat their young!   Barak Obama, the Messiah … the Holy One …  will save us all from the evil, fascist, chauvinistic, racist, hate-mongering conservatives!

Don’t like spending nearly a trillion bucks on stimulus?  You’re a racist!   Don’t like ObamaCare?  You’re a racist!

Why is it when liberals rant … it is “free speech,” but when conservatives rant, it is “hate speech?”  Need some examples?  Maybe I can find a few …. it isn’t very hard …

Margaret Carlson of Bloomberg News comparing the Tea Party caucus in Congress to terrorists:  “I mean, they’ve strapped explosives to the Capitol and they think they are immune from it.”

Former Rep. Paul Kanjorski (Dem): “Instead of running for governor of Florida, they ought to put him against a wall and shoot him.”
 
Barack Obama, 2008 and 2010: “If they bring a knife to the fight, we bring a gun.” & “We’re going to punish our enemies and we’re gonna reward our friends…”
 
New York Times Columnist  Paul Krugman: “A message to progressives: By all means, hang Senator Joe Lieberman in effigy.”
 
Talk show host Montel Williams, directed at Rep. Michele Bachmann: “Michele, slit your wrist. Go ahead… or, do us all a better thing [sic]… start at the collarbone.”
 
Senator Harry Reid, 2008:  Barack Obama is a “light-skinned” African-American “with no Negro dialect, unless he wanted to have one.”
 
Reverend Jesse Jackson:  “All Hymie wants to talk about is Israel; every time you go to Hymietown, that’s all they want to talk about.”
 
DNC Charmian Howard Dean:  “You think the Republican National Committee could get this many people of color in a single room?  Only if they had the hotel staff in here.”
 
The Washington Post’s Richard Cohen and CNN:  “How much time do we have left to talk about how stupid Sarah Palin is?”
 
Foul-mouthed comedian Sandra Bernhard warning Sarah Palin she would be “gang-raped by my big black brothers” if she tried coming to New York.
 
Do you remember when Washington Post columnist Courtland Milloy said: “I know how the ‘tea party’ people feel, the anger, venom and bile that many of them showed during the recent House vote on health care reform.  I know because I want to spit on them, take one of their ‘Obama Plan White Slavery’ signs and knock every racist and homophobic tooth out of their Cro-Magnon heads.”
 
Remember when Liberal talk radio host Mike Malloy said: “Drudge? Aw, Drudge, somebody ought to wrap a strong Republican entrail around his neck and hoist him up about 6 feet in the air and watch him bounce.”
 
And of course, we all know about Bill Maher ….
 
Remember when “stupid” Sarah Palin made Rahm Emanuel’s expletive-enhanced use of the word “retarded” an embarrassment for him and the the Anointed One?  She forced the left to live up to its own P.C. standards. Saul Alinsky would have been proud.
 
But I digress ….
 
There will still be millions of un-insured under Obamacare.  The cost for Obamacare has already been revised by the CBO from the original estimate of approx. $900 Billion to $1.8 Trillion … and it will continue to grow. The programs you mention; Social Security, Medicare, and Medicaid are, themselves, on the verge of collapse; therefore taxes will skyrocket to subsidise them and yet another massive, unsustainable entitlement bureaucratic-nightmare called Obamacare. 
 

Doctors are fleeing the medical field or making decisions to not accept government-based healthcare plans because reimbursement levels are already too low and shrinking.  (I know this because I have several friends who are doctors … and no they are not greedy monsters.  They are normal folks, whose business costs are skyrocketing because of massive paperwork involved with regulatory compliance forced on them by Obamacare). 

Enrollment in medical school is down because not too many students can afford to take on such massive debt in the form of the student loans required to complete a medical degree program … for the dwindling return on their investment. Doctor’s work very hard for their degrees (typically for at least 7 years) and incur a great deal of debt achieving it.  To begrudge them a higher salary than folks who, say,  decided to flip hamburgers for a living or just go on the public dole …  is pretty short-sighted and very small-minded!  

Tell me  … do you begrudge George Soros, Warren Buffett,  AL Gore, John Kerry, or George Clooney their massive incomes?

And yes … even those dastardly, despicable, racist, hate-mongering, tea bagging, slutty, conservatives (who hate autistic children, the mentally challenged, and who want old people to die starving in the streets) want American citizens to have access to affordable, transportable, quality health insurance.  The problem is that Obamacare will not provide that.  It will only bankrupt the country.

I am not a big fan of Ron Paul.  I don’t believe Ron Paul is actually a true conservative.  I like some of his domestic positions, but he is not truly a Constitutionalist.  If you go back to Ron Paul’s early years and his influences, they include a list of folks who detested conservatives and the U.S. Constitution.  Ron Paul mostly uses the U.S. Constitution as a hammer to bash all other candidates on the head.  His foreign policy is to the left of even Barack Obama’s and I feel would be disastrous for this country and the rest of the world.  Isolationist-based  policies have indirectly caused several wars including World War I, World War II, and The Vietnam Conflict.   His roots are, perhaps, slightly less scary than Barack Obama’s;  while Obama is a Saul Alinsky “inspired” socialist, Ron Paul is essentially a Murry Rothbard inspired free-market anarchist.

The Insidiousness Secrets of Obamacare

English: Barack Obama signing the Patient Prot...
English: Barack Obama signing the Patient Protection and Affordable Care Act at the White House (Photo credit: Wikipedia)

All Americans … democratic and republican … liberal and conservative … want access to affordable, quality healthcare.  The problem with Obamacare is that it cannot and will not give us that; and in truth … it was never designed to. Obamacare was never intended to reduce healthcare costs, and in act, it will increase healthcare cost substantially.  Obamacare was designed to force all Americans to have government approved health insurance by 2014, or be fined by their government.  Which, despite claims to the contrary by the Washington Post, amounts to a government take over of healthcare.  That is why Obama, Pelosi, Reid, and company, rushed to have it passed before it was read and understood, and before anyone really knew what was hidden in it.  Two years ago, the CBO (Congressional Budget Office) told America Obamacare would cost the U.S. taxpayers about $900 billion.  It just recently revised that cost to be $1.8 trillion!  Is anyone … besides the Cool Aid Drinkers … surprised by this?

It is incomprehensible to me how such an Obamanation of legislation could be passed without even trying a few simpler measure that have been discussed during previous years that could have  helped lower healthcare costs in America … without created a huge new bumbling bureaucracy.

 The liberal elites, such as Obama and his cronies, want to blame the private sector and capitalism for rising healthcare and premiums costs.  They count on the fact that you will not do your homework and will simply accept their claim at face value.  Why then, is it, that I can purchase auto insurance from an auto insurance company in Hawaii because they offer a better premium rate … but must by a health insurance policy from a company based in Tennessee?  Why is the market closed off?  Is this free market capitalism?  No it is not!  Then how can liberals truthfully blame free market capitalism?  They cannot … unless you drank the Cool Aid! 

The fact is that the federal government has no legal authority to regulate health insurance rates.  Insurance, including health insurance, is regulated by the states.  The McCarran-Ferguson Act, which preserves the principle of state regulation of insurance, was not amended by the Patient Protection and Affordable Care Act, the law under which the new rule on health insurance rates was issued.  So what is going on here? With no regulatory authority at all, HHS is trying to bully or shame health insurers into reducing their rate increases. Again, the whole effort is an incredible exercise by Obama’s administration in power-grabbing!

The Heritage Founation lists 10 other negative outcomes from Obamacare:

  1. New taxes, penalties, and fees will discourage businesses from growing, lowering economic growth by $706 billion and costing 800,000 jobs.
  2. The Federal government will force the 18 million of the uninsured to go under Medicaid, while others must accept another government program. Despite this, millions will still remain uninsured.
  3. Each year, $125 million will go towards subsidizing school-based health centers and programs to reduce teen pregnancy, with no requirement to reduce abortions. Parents won’t know what services their children will receive.
  4. Half of those on Medicare Advantage will lose this coverage thank to rate increases.
  5. Health care costs will rise thanks to $47 billion in new taxes on drug companies and medical device makers.
  6. Nearly two-thirds of doctors are considering abandoning any kind of government-sponsored health care insurance, stating that regulations are too high and reimbursement too low.
  7. By forcing States to accept federally-mandated health insurance, the Act violates States’ rights.
  8. Small businesses, the drivers of new job growth, will be especially penalized by $52 billion in new taxes and new IRS reporting requirements.
  9. Despite $500 billion in new taxes, Obamacare will increase the deficit by $500 billion over the next 10 years.

The simple reality is that Obamacare is a very poorly written law with vast consequences for all Americans. Obamacare’s so-called exchanges will ultimately increase insurance rates, tax American employers and threaten the viability of our private insurance market.  Massive government subsidies will be required to keep ObamaCare afloat and that will require even more tax revenue. Obamacare will also simply create a massive new entitlement program that we, as a nation, cannot afford.

For me, as an American citizen, the Individual Mandate is the scariest part of the whole mess.  If Obamacare stands, we as a nation have set the precedent for the government to force individuals into contracts with services providers for services they do not want.  This does, in fact, violate the U.S. Constitution and is a big step down the pathway to tyranny.   No we all know ho little the U.S. Constitution means to Obama, his cronies, and his Cool Aid drinking followers, but what about the rest of you Americans … are you going to just sit back and let him destroy this country and will you take a stand.  This next election is critical.  I now we all have our favorite candidate … but only one candidate can be the nominee!  I lean to toward New Gingrich personally, but things are not looking to good for him right now.  So will I go home and pout if Mitt Romney, Rick Santorum, or Ron Paul get the nomination?  Will I take my toys and go home?  Nope … this election is way to important for such childish games.  Any of the fielded republican candidates is a real measurable improvement over Barack Hussein Obama … and I will vote for any one of them to remove this domestic American enemy from office …. and in truth … I would not even have to hold my nose to do it!

CBO Quietly Downgrades Obama’s $825 Billion Stimulus

Must be that “Arab Spring” is still in the air?

After nearly all the $825 Billion in Obama’s stimulus money has been spent, the CBO quietly admits it cost taxpayers more than advertised, did little to boost economic growth, and will hurt the economy in the long run.

Releasing its latest quarterly report on the economic effects of the Obama stimulus, the CBO sharply lowered its “worst case” scenario while trimming many of its estimates for stimulus-fueled growth and employment.

The newly revised  report states that the stimulus may have actually added as little as 0.7% to GDP growth in 2010 (when spending was at its peak)  and actually created as few as 700,000 new jobs.

In addition, the CBO says the extra infrastructure money didn’t boost economic growth as much as previous claims, because states simply reduced spending from their own budgets on highways.

The truth is that the stimulus had virtually no meaningful effect on growth and employment despite its incredibly massive price tag.

The real kicker is that the CBO has also increased that price tag from the initial $787 billion to $825 billion … a 5% hike.

Hmmm!  Why am I not surprised?  No wonder Obama’s campaign team is planning on running a $1 Billion scorched-earth negative campaign in 2012!  All he can do is attempt to destroy his opponent with half-truths, lies, and innuendo …  because his record is one of complete and unequivocal disaster!