Financial topics

[John]

You don't expect Fox News to be as condemnatory of Obamacare
as I am, do you?

[Reality Check]

You don't expect Fox News to be as condemnatory of Obamacare
as I am, do you?

I am not sure how condemnatory Fox News, or John will be.

My point is between now and the 2014 election the Media's measurement of success for Obamacare has shifted.

IF Obamacare is NOT killed between now and the 2014 election - the Media will portray that as success for President Obama and also a success for the Democrats running for re-election.

The ultimate lowering of expectations.

[Reality Check]

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Obamacare Narrative Change: Examples

The story is no longer about is Obamacare good for the people of the United States.

The story is now about who has the best plan to Save Obamacare.

The President's fix ?

The Republican's bill passed on Firday, will that make Obamacare "more better", or is the President's fix better for Obamacare ?

District of Colombia ( Washington DC ) Insurance Commissioner evaluates Obama Fix to save Obamacare:

http://www.washingtonpost.com/local/dc- ... story.html

Republican Insurance Commissioner of Kansas weighs in on how to save Obamacare:

http://www.foxnews.com/on-air/on-the-re ... t_id=86925

[aedens]

From another and time is running out. When the middle class is under attack by unchained parasites indeed time is getting short.
The calvary is not coming to save you.

1.- Generally speaking, government always grows -- it never shrinks -- whether times are good or bad.
2.- In each area it purports to "assist", government attempts to replace individual decision-making with central planning.
3.- In order to implement its grand central plans and solidify its power, government must take from one citizen to give to another; this is, in effect, lawful theft.
4.- No matter how many times central planning fails, the self-appointed masterminds in government assert that "this time is different" and that with only a few tweaks and more money, their delusional plans will succeed.
5.- Because it uses funds confiscated from taxpayers, self-restraint is no obstacle to government's ambitions.
6.- Its fundamental misunderstanding of human nature notwithstanding, government must claim to grant "rights", which require it steal the labors of one citizen to give to another (such as food, shelter, employment, and health care).
7.- No matter how widespread the harm it causes, government will never provide an honest and historical accounting -- a report card -- of its failures.
8.- As more individuals and families are harmed by the failures of central planning, government must find suitable scapegoats, must lie to do so, and therefore must also repress dissent.
9.- In order to build its network of redistribution and grow a culture of dependency on its services, government must inevitably undermine the family unit, religion, and the notion of God-given rights in order to cow, bribe, or intimidate its citizens.
10.- As government grows ever more powerful, it must also become increasingly oppressive through compulsion and force. To do otherwise would mean government must shrink, and this it cannot do.

hedge accordingly http://thesaurus.com/browse/accordingly

[jcsok]

A recent interview with Ann Barnhardt. Its 40 minutes long, and I don't normally watch a youtube video of any length, but found this one fascinating (since I agree with most of her tenents). Essentially it reiterates that if you are in the market, your money is at risk, and you are a fool to remain In the markets, Obamacare, etc. For those that haven't heard of her, she was a futures broker, and closed her business when MF Global took the money, stating that she had no confidence in the market structure or regulatory agencies.

http://www.youtube.com/watch?v=fE51E5_dXNI

F

[aedens]

#BitTulips, watching the op - did these kids forget it got the farms blessing?

Over the past decade or so, the middle class in the United States has been absolutely eviscerated. The number of working age Americans without a job has increased by 27 million since the year 2000, median household income in the U.S. has fallen for five years in a row, and the poverty numbers in this country are spiraling out of control. And now here comes Obamacare.

Locally between 1993 and 1996 "it begins" on the sticky wages and the tiny bubble solutions garnered from effects.
http://www.zerohedge.com/news/2013-11-1 ... ddle-class

The conversation on anchor babys and walk ins was never addressed since the epidemic onset from 1979
No Saint Ronny was not better so do not make me chart your blind ass.
I still regard the Man on many facets until the southern front and make our own bread reality.

Before 1946 and the "change" of monetary regimes even the neo classical liberal camp stated what the crisis would be.
liberalism has no pale of comparsion on the definition today we fly over reconize of validity.

In the parable of the sower, Saint Luke has left us these words of the Lord about the "good soil": "These are the ones who when they hear the word, hold it fast in an honest and good heart, and bear fruit with patient endurance"

As we are warned and known here very well - In our country (the former U.S.S.R.) the lie has become not just a moral category,
but a pillar of the State. Aleksandr Solzhenitsyn

No need to comment on the avail of the current administrations Babel to whit..... The whole operation is a veil of fatal deciet many opine
and I hold fast they they are correct to date. President Lyndon Johnson said "If I have lost Cronkite, I've lost America".
Jack is still my President and Martin my Pastor, all else is wanting as we all can be at times.

Government is paid for by the private sector period. Whether by borrowing money which sucks resources out of the bond market or by printing money which impoverishes private sector savers by keeping interest rates artificially depressed or by old-fashioned taxation, the government finances its spending by taking from the private sector. It is just that simple and the private market will vanish as will you when the tyrants control every facet since it is not moral hazard but moral ineptitude of voters.

Thu Sep 24, 2009 5:47 pm It will soon amplify its downward direction. While they spoke with optimistic words, the truth is that they are stuck without an Exit Strategy, which will become painfully clear over the passage of time.

Nothing is impossible, but certain with a bi polar nation. Only one way out now and they will not see it or admit it.

http://mises.org/daily/author/793/Thorsten-Polleit fascinating mind

http://www.insidehighered.com/news/2012 ... -act-costs Locally they got the cure
and they never seen the crosshairs.
http://www.insidehighered.com/news/2013 ... food-drive

Unemployment Rate: March 7.1% April 6.7% May 7.4% June 8.0% July 8.4% )(P) Preliminary Aug 7.3% ) If you utilized MEDC flush the data.

As noted July was peak tax seisures sales and still will not relent on a spring sanity check on our meandering dialog here on seen effects oncoming.

X did not happen" can only proven true if you have the enumeration of *everything* that did happen and can show that X is not in it.

Keyword: LITCs Quigley 1937 http://shortsqueeze.com/ hunter seeker

[Reality Check]

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Obamacare Giveth --- AND --- Obamacare Taketh Away

Washington State did their Obamacare Website the way it should have been done - that was the spin.

Before the Federal Government released numbers on "insurance policies selected through the 36 federal exchanges - serving 36 states", the states with state run exchanges released their numbers for the 14 states not using the federal exchange.

Washington State was one of the least bad state exchanges.

Washington State released numbers showing that only 80% of the people who signed up through the Washington State website were enrolled in Washington State's Welfare Medicaid program. Much better than the 90% to 100% Welfare Medicaid sign ups in most state run exchange.

Washington State was praised as knowing what it was doing with an exchange, because Washington State had run their own Basic Health exchange for years and years.

Washington State reported that private insurance policies, providing private health insurance for over 8,000 people, were sold in the first month ( October 2013 ) through the Washington State Exchange.

But now Washington State has admitted those private insurance sales numbers are based on a Washington State Exchange Website that calculated the premiums incorrectly and induced people to buy by promising that the monthly premium payment was only a fraction of what the applicant's cost would be after subsidy.


This demonstrates one of the dangers of hiding the true cost of a policy from the user. It is difficult to test a website if it's objective third party numbers that should be used for a calculation are hidden from both the users and the testers of the system.

The NET premium cost calculation routine expected to be given the annual gross income so that it could calculate the monthly subsidy, but was instead given, by the Washington State Exchange website, the monthly gross salary. Results: subsidies were massively over calculated - and the NET Premiums shown to the shopper were shown as a fraction of what they really are under Obamacare.

These fraudulently sold policies are now being canceled.

The full story, is well worth reading, for the humor of it, if nothing else.

http://washingtonstatewire.com/blog/rud ... after-all/

http://www.foxnews.com/on-air/on-the-re ... t_id=86925
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[Reality Check]

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Obamacare - Interaction Between Welfare Medicaid and Subsidies - a Must Read

This a long read but packed full of information, not just repeating the same story over and over again as with most long news articles.

It covers a multi-week interaction between Washington State Residents, Washington State Insurance Brokers, The Washington State Obamacare Exchange, and the various Insurance Related State Agencies that are better at pointing fingers, than answering questions, and, when they do answer questions, they often give the wrong answer.

The bottom line is that the Washington State Obamacare Website was selling private insurance policies based on misrepresenting what the monthly premium cost to shoppers ( net cost after federal subsidies are applied would be ). The subsidies were so exaggerated by the website, that the higher gross income shoppers, were receiving insurance quotes that were literally both too good to pass up, and also too good to be true. The state would not admit this was happening even weeks after insurance brokers repeatedly brought this to the states attention. The state is now admitting it, since the state collected credit card payments for these policies it is now forced to return the money and cancel the policies that were fraudulently sold. How many of 18,000 citizens who were initially reported to have been covered by private insurance purchased through the Obamacare website, are having their new policies canceled, is not yet known.

The other bomb shell in this article is the never talked about complex interaction between Welfare Medicaid and Subsidies, which few, if any of the Obamacare Websites are calculating correctly. But which have a dramatic impact on who, in a family/household, is even eligible for subsidies, not to mention changing the subsidy calculation.

http://washingtonstatewire.com/blog/rud ... after-all/

[Reality Check]

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Obamacare - Obama Administration: 30% plus of Obamcare Software not yet Written

http://www.nationalreview.com/campaign- ... -built-jim

[vincecate]

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Obamacare - Obama Administration: 30% plus of Obamcare Software not yet Written

In my experience the last 30% of the software takes 90% of the time.