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March 30, 2010

Comments

Jeff

just wait for the insurance companies to try and raise their rates to cover this ... anyone whos premiums will rise should have standing to sue and claim that there is no legal requirement to cover these kids and thus they should not have to be charged higher premiums to cover them ...

a nation of laws ? or a lawless nation ?

maryrose

CYA move by Sebelius to assist Obummer and his cronies from appearing to be incompetent.

centralcal

Yoo Hoo, Narcisco!

Looky here - think you might like this:

This is not an April Fool’s joke. Sarah Palin will take her first stab at television hosting when she fronts a new Fox News series, Real American Stories, premiering Thursday April 1 at 10pmET.

Guest list and a few other details here.

Appalled

OK, none of the kabuki covers the rates the insurer is going to offer to cover the non-excluded child.

The insurers have no reason to complain here. They can price the coverage however they want until 2014.

(Eveybody, excet TM and the firedoglake blogger he cited yesterday, missed that one.

narciso the harpoon

Thanks CC,saw that on another blog, first, just got tired of the bozon cloud, on the earlier thread, btw, one of the candidates
she will be supporting is Colonel Allen
West

This is the real threat, of this bill, it gives Sibelius or whoever becomes Health Insurance Commissioner, carte blanche to write any kind of regulation they like

Danube of Thought

They can price the coverage however they want until 2014.

Not exactly. Even the monopolist has an optimal price, above which his profit will decline. If the price required to cover their anticipated claims payments plus a reasonable return is above optimal for the insurers--and it seems certain to be--they will face ultimate bankruptcy, and many people will be very hard put to remain insured. Then, voila, it's public option to the rescue.

Keep in mind that the absence of any enforcement mechanism for the individual mandate is by no means an accident, or the result of poor drafting. It took an affirmative, deliberate act to oust the IRS of its normal enforcement tools for scofflaws in this particular instance.

Danube of Thought

What office is Col. West seeking?

Cecil Turner

The insurers have no reason to complain here.

No kidding. This thing is a bonanza for them (primarily from those previously uninsured who'll be forced to buy), and they can pass along this minimal cost as well. (At least until this and other millstones sink the whole economy.)

At least now we know fearmongers like TM were off base . . . after all, it doesn't really matter what's in the bill if you're just going to ignore it anyway.

narciso the harpoon

22nd District of Florida, Here's the message with the link to all three candidates, WArd,
Kinsinger, and West:

Clarice

Cong Fla. Dist 22..I supported him the last time when he lost to Ron Klein and I'll support him again.

Barbara

What office is Col. West seeking?

Congress, Florida - District 22

Old Lurker

Following my own advice about shunning the fools that visit from time to time, nonetheless I have been shaking my head all afternoon about the observation several threads back that the problem with our tax system is that it is not progressive enough, and in particular it does not attack capital to a sufficient degree. So that we appreciate our trolls and their point of view, from Wiki I offer the following:

"Socialists generally share the view that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and derives its wealth through a system of exploitation. This in turn creates an unequal society, that fails to provide equal opportunities for everyone to maximise their potential, and does not utilise technology and resources to their maximum potential nor in the interests of the public."

We could go on about the role of capital as a means of production and the linkage of same to the creation of jobs, and how "if you want less of something, tax it more", but those concepts are always lost on that person.

Because, as was stated, "the worst that can happen is we will be like Europe and that is not too bad."

Reading is a dangerous thing. Understanding even more so.

gsr

Top-down, central planning, by Washington lawyer/politicians. Yeah, this is gonna work out well!

I give it 12 months before much of Obamacare is gutted as unworkable, stifling to business and thus creating unemployment and the loss of individual liberty at the expense of trying to be all things to all people (what libs love - egalitarianism).

bet

Let's see, since roughly 85% of Americans already have health insurance (100% have healthcare, by the way) and since about two-thirds of Americans firmly oppose Odumbocare.....gonna be a rough November for our lib/socialist friends. And just wait to this wimp's policies start getting rolled back, repealed and minimized.

T-minus, two years, seven months and a few days and counting....

"Honk, if I'm paying your healthcare!"

bet

Let's see, since roughly 85% of Americans already have health insurance (100% have healthcare, by the way) and since about two-thirds of Americans firmly oppose Odumbocare.....gonna be a rough November for our lib/socialist friends. And just wait to this wimp's policies start getting rolled back, repealed and minimized.

T-minus, two years, seven months and a few days and counting....

"Honk, if I'm paying your healthcare!"

DrJ

in particular it does not attack capital to a sufficient degree

Agreed. This was so breathtakingly stupid that I had to walk away for the computer. Where is the money that is necessary to build the businesses that hire all those people supposed to come from? The government? Like the SBA? Right.

If taxes on capital are raised, the ROI across a portfolio that is required to invest just goes up. That just limits the number of companies that get funded.

So much for innovation.

Old Lurker

We had exactly the same reaction, DrJ. I just had to walk away.

Rick Ballard

OL & DrJ,

Dan Akroyd used a method worth copying when dealing with the unreachable and unteachable. If people began their replies with the acronym S,YIS it would add an element currently missing from discourse with the demented dolt.

jppt

Obamacare is such poorly designed legislation, so 1930’s style state-run “command and control” policy that it won’t likely have but tiny bits of it enacted. It destroys capital, incentivizes more dependency on government and stifles business enterprise, which means fewer jobs for Americans by shifting some healthcare jobs overseas. In fact, you could call it a job stimulus program for China and India.

Clarice

OL, I'm afraid your gutterman is making my house the neighborhood's taj mahal. There was a note in my mailbox from another neighbor I never heard of begging for the name of my gutterman.Action better cut me in on thi.

Old Lurker

"...which means fewer jobs for Americans by shifting some healthcare jobs overseas."

Much worse than that, jppt. Since the cost of employing all Americans will go up relative to the rest of the world, more work of all sorts will be better done off shore. Couple that with the attack on capital itself, and that capital will be - what was that movie? Gone in Sixty Seconds - and it will end up where the aforementioned jobs have gone.

Child's play.

Old Lurker

We'll split it Clarice. Our next dinner should be on Randy!

Clarice

Sounds perfect,OL.

Ignatz

--and in particular it does not attack capital to a sufficient degree--

Don't let that dimwit off so easy OL.
She contended not only that capital was not taxed sufficiently but that it was taxed insufficiently in comparison to consumption.
Other than a few excise taxes on relatively modest portions of the economy the only siginificant taxes on consumption are state sales taxes and state and federal fuel taxes.
Imagine the wail of anguish emanating from sylvia when Barry proposes his VAT to pay for her precious Obamacare. Talk about skewing the old tax burden toward consumption.

DrJ

that capital will be - what was that movie? Gone in Sixty Seconds - and it will end up where the aforementioned jobs have gone.

Exactly right. Though there are a few poor sods like me would would have to pay our grants back if an overseas move happens. That adds to the relocation cost somewhat.

DrJ

that it [capital] was taxed insufficiently in comparison to consumption.

I noticed that too, Ignatz. My jaw hit the keyboard.

l5j6f7

Then again, destruction of wealth/capital is the goal of socialism/communism. Is 'Ol Big Ears a socialist/communist?

A man who never started a business, never ran a business, never even really worked at a regular job that wasn't a taxpayer funded, government job.

Hmm, a socialist? He quite likely is one, like his father, his teenaged mentor, his pastor and his "education" friend.

Clarice

Latest Zogby poll--42% of Dems support Israel ; 92% of Republicans do:
http://www.americanthinker.com/blog/2010/03/huge_gap_in_support_for_israel.html>Partisan gap

Old Lurker

I was not even sure what that meant..."in comparison to consumption".

In any event, that thinking, by so many, is why so many of us are so depressed. As DoT says, countries like our do not come along often. Once lost, we will not see it again in our lifetimes.

Old Lurker

"Latest Zogby poll--42% of Dems support Israel ; 92% of Republicans do."

And yet, US Jews vote in worse than a reverse ratio.

Go figure.

Danube of Thought

Are the individual mandates enforceable under the terms of this Act or not? I'll leave it to others to parse through the analysis set forth here.

Man, that's slick.

Perfectly blending the idea of taxes and insurance, eh DoT?
===================

AL

Federal VAT is already there: it is 2.3% tax on medical devices, including tampax and bandaid. Been there, seen this. Next step will be taxing of “luxury” items, like jewelry and up-end cars. BTW, is such taxation constitutional?

BR

That's really funny - tax on income;
tampons and condoms are income?

BR

What next, a tax on incumbents?
Don't the bill writers know how to spell?

BR

Will there be a tax on sex as part of the Amnesty bill?

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