More Obamacare Failures
Aug 6, 2015 Obamacare
Looks like the AFFORDABLE care act is not so affordable after all…
There is a report that CoOpportunity Health, an Obamacare created insurer, might end up costing taxpayers millions of dollars because it is going belly up.
Yep, the great socialized medicine experiment that continues to be a disaster is claiming an insurance company set up specifically to provide insurance under Obamacare is losing money and will die a long and painful death, painful to the tune of 140 MILLION taxpayer dollars.
This is but another piece of evidence that Obamacare is a disaster, costs too much, and will end up adding to the financial burden taxpayers already have.
Now this company might end up staying in business but it will only do so if the taxpayer injects millions of dollars into the company. That will allow it to pay some bills and continue operating but at what future cost?
If it was unable to make it in the lean years of Obamacare what will happen when the additional burdens that were pushed off to avoid election issues kick in? Will the company continue to lose money hand over fist and will the government dole out more taxpayer money in the same fashion?
That was the bad news. The worse news is that there are six other co-ops that are in deep financial trouble because of low enrollment and “other pressures” (read expensive regulations and rules coupled with high costs for service).
The really bad news is that Louisiana Health Co-operative will shut down at the end of the year for many of the same reasons.
Obamacare insurances are failing in a market that Obama and his supporters claimed would be friendly to insurance companies and those they insure.
I guess everyone who said these things would be a disaster were right all along.
Don’t expect Obama or those who rammed all this down our throats to report the bad news or take responsibility.
Liberals are morons who want you to believe that it is possible to pick up a turd by the clean end….
Cave canem!
Never surrender, never submit.
Tags: failure, insurance disaster, millions, obamacare, scotuscare, taxpayer money
Pelosi Should Be Put Out To Pasture
May 14, 2015 Obamacare
Nancy Pelosi is warning that if the Supreme Court rules in favor of those challenging the subsidies in Obamacare win it will cost Republicans because allegedly 8 million people have the coverage and rely on them. She predicts that it will harm all those folks and Republicans will pay a price.
She claims that this is all because a phrase in the law has been taken out of context.
Pelosi said she knew the law well and that opponents were relying on a phrase taken “out of context” in pressing their case before the court. AP News
The woman who said you had to pass it to find out what was in it now claims that she knows the law well? The same law that continues to have surprises pop up because no one knew they were there?
Right…
As for out of context, the Democrats made it clear that only states that set up exchanges would get subsidies when they were pushing the bill on us. They made it clear this was a carrot and stick approach where states would be provided incentives to set up exchanges and one of the incentives was subsidies.
Now that someone has challenged that part of the law the Democrats have rewritten history and are claiming this is what they meant all along.
They are liars as is Pelosi.
I do not think Republicans will pay a price for this if the ruling in their favor. The law says what it says and that is how it should be followed.
Of course liberals have trouble with following the wording of the Second Amendment (hell all of the Constitution) so I expect them to be clueless in this regard as well.
Cave canem!
Never surrender, never submit.
Tags: law, lies, obamacare, Pelosi, read it, scotus, subsidies
Facts Can Be A Tricky Thing
May 13, 2015 Obamacare
And they can, of course, be spun to mean whatever result is wanted.
In a recent piece in The Hill Marko (Kos) Moulitsas paints a picture of a wonderful world under Obamacare and how Republicans were so wrong about the outcome that it is funny. He points to a number of quotes from the past and then tells his readers that the person who made them is wrong. He does not say exactly why they are wrong so the impression is that what was claimed did not happen. He does not back his claims up, he only says the original claim is wrong.
He discusses John Boehner and Rush Limbaugh and their claim that Obamacare would destroy over 2 million jobs. Jobs numbers are difficult to pin down because the BLS uses many metrics and the government spins those in a number of different ways in order to paint the picture it wants. The population was 3 million more in March 2015 than in March 2010 (I selected March to give a 5 year timeframe from when the law was passed).
The number of jobs gained or lost is always tricky but the reality is while there are more being created now they are not offsetting the numbers lost in any meaningful way. The reports are nearly always lower than expected and in a few weeks get readjusted down.
But looking at the labor participation rate the rate in 2010 was 65% and in 2015 63%. This means there are 4.2 million fewer people participating in the labor force than there were when the law was passed. 58.06 MILLION people have stopped looking and are no longer counted. Certainly if there would be so many jobs the numbers of people participating would go up, not down. Once again though, labor numbers are tricky things.
It is also true that there are no accurate ways to measure how many people decided not to open a business or expand one because of Obamacare. There are anecdotal stories but no real data that I can find.
While there is merit to Kos’s claim that Sen. Tom Coburn was way off when he predicted there would be no insurance industry left in three years it is also true that insurance companies are taking big hits and if it were not for government taxpayer dollars being sent to cover losses the insurance industry might well be a shell of what it once was. It is pretty easy to go along when big government tells you it will cover your losses.
It is also true that many insurance companies have had to raise rates because the participation is not what was expected. The cost to consumers is going up even though Obamacare was supposed to stop that.
Kos went after Glenn Beck for his 2009 claim that this would be the end of prosperity in America and the end of America as we know it. Well the reality is the rise of Obama to power was the end of America as we knew it. That aside, Kos claims, as evidence that Beck is wrong, he (Kos) can still buy an apple pie from a cashier wearing a flag pin. This is not an accurate indication of the state of the nation. I can buy an apple pie from a guy wearing a turban who reads the Koran but that does not mean the nation is now a Muslim nation. There are many stores where Kos can no longer buy a pie because they have shut down.
And when he buys that pie it costs a lot more than it did 5 years ago.
Then Kos goes on to discuss Rand Paul’s 2013 assertion that Obamacare will lead to bankruptcy in states that fully embrace it. He made the claim in 2013 so time will tell but Kos decided that the only states in trouble are those that did not embrace Obamacare and its expansions. He cites Florida and Gov. Rick Scott. Kos claims Scott is begging DC to close his billion dollar budget hole that Kos claims was brought about by refusal to expand Medicaid.
The deficit is in place because the federal government, in an effort to coerce states (in defiance of the Supreme Court ruling) to expand Medicaid, has cut an existing program. The federal government decided to end or cut back the money spent on the Low Income Pool. This is a federal program that has been in place for some time and is different than the Medicaid program. Folks in LIP are not necessarily in Medicaid (and might not even qualify). That program was to continue but the federal government decided to end or scale it back to force states like Florida to expand Medicaid. Scott is not begging for money to close a budget gap he caused. He is asking the feds not to end the program they started and they funded. He claims, rightly so, that there has been no reduction in the taxes Florida pays to the feds but they are taking away the program those taxes paid for and they are doing it just to force compliance.
Once again, Kos misses the mark.
[note]If Kos is concerned about those who were wrong why not go after those who were wrong about keeping doctors, keeping insurance and saving $2500 a year? Maybe because those lies are OK with him so long as they support the progressive agenda.[/note]
Millions of people lost coverage because of Obamacare an then when they were forced to sign up under the law they were touted as people helped by it. They were harmed and forced to join.
As for how wonderful Obamacare is and how those states that adopted it are doing great, how about Hawaii? It is a liberal haven and it went all in on Obamacare. It had over 205 MILLION dollars in federal funding to set up the exchange but it became financially unviable and after the state refused to spend 28 MILLION to bail it out, it will close. Everything will be shifted to the federal exchange and people will likely have to sign up all over again.
The reality is Hawaii went all in and failed. There are several other states that have had problems with the exchanges and many issues deal with the fact that not enough people are signing up for insurance. The government is once again wasting billions of dollars on a failed program.
Markos Moulitsas is a far left wing hack who suckles at the teat of liberalism. His article was a puff piece to shower his liberal friends with fairy dust while he gets in his obligatory shots at Republicans with whom he disagrees.
I know Kos thinks Obamacare is great but if it is so wonderful why did they have to force people to get it? No one has to force people to buy an iPhone because it is a great product. The same would be true if Obamacare was so wonderful.
If it is so great why were there so many waivers granted?
It is not fully implemented and already it is costing a fortune. It is not covering everybody (a claim once made but backed off on) and it is stifling the economy.
It is not the only thing but it is one of them. Nearly every Obama policy stifles growth and Obamacare is no different.
Numbers on employment and particpation rates came from various parts of the BLS website.
Cave canem!
Never surrender, never submit.
Tags: distortions, kos, markos moulitsas, obamacare, the hill
Shorter Dems: Save Us From Ourselves
Mar 24, 2015 Political
The Democrats forced Obamacare on all of us. They wanted to take over the health care in this nation in an effort to further control people so they pushed through a massive bill that no one read. Pelosi told everyone they had to pass it to see what was in it (it should work the other way around for those who are as brain dead as she).
So this huge bill was pushed through and Obama signed it into law. Then the problems started. It was challenged in court and in an amazing act of judicial malfeasance, John Roberts cast the deciding vote to uphold the law after he rewrote it (figuratively) from the bench.
After that more and more of the bad things popped up and began to affect people who supported it. Obama’s lies were exposed and people were getting screwed. Things were so bad Democrats lost control of the House and then the Senate.
There is currently a challenge to the law that could unravel it. Democrats tried to coerce states into setting up exchanges by offering subsidies only to those in states with exchanges. They discussed this carrot and stick tactic over and over when pushing the law. A number of states did not set up the exchanges so the feds did (which they can under the law). The feds then allowed the subsidies which it is not allowed to do under the law. The words are clear in the law (maybe they should have read it first) because this is what they intended. Now they claim it was never intended to be that way.
If the law is upheld as written, in other words if John Roberts (or any others for that matter) does not again legislate from the bench, then it could unravel the entire thing.
This is all going on as other parts of the law are beginning to take place. There were items that phased in and now that they are getting close to starting it is getting clear they are not good. One such thing involves putting companies with 51-100 employees in the more costly small group market. This will cause all kinds of trouble for these companies. It is set to take effect in 2016.
A number of Senate Democrats have spoken up and are begging Obama to delay this. They are not worried that it will harm business though they claim this is their concern. They claim they want the market to gradually adapt before this takes place (it has been in effect for 5 years now). In other words, they want to delay the screwing the companies will get so they can get accustomed to the violation.
Here is the real deal; the Democrats are worried that this will cause turmoil and they will face backlash from the voters. They are concerned that the problems will be used to batter their party during the next presidential election. Since only Democrats voted for it only Democrats are responsible for it. They know they could lose the White House and more seats in Congress.
This is ALL they are concerned with. This is the only reason Obama delayed the things he did, so they would be after his last election.
We need to get rid of the entire law. Democrats will not do that.
But we should not let them continue to delay to save their sorry butts. They loved it so much when they forced it on us it is time to make them suffer through the problems they caused.
It will be painful for everyone but pain is often the best teacher and there are a lot of liberals who need a lesson.
Cave canem!
Never surrender, never submit.
Worker Got What He Voted For
Mar 19, 2015 Immigration, Political
Information technology workers went before the Senate Judiciary Committee on immigration reform and provided testimony that the US needed to protect skilled US workers. Many testified anonymously because of agreements they signed with employers.
One such worker testified that he lost his job when he was replaced by a foreigner with an H-1B visa. The article claims he is one of more than 400 workers from the same company, Southern California Edison (SCE), who lost jobs to foreigners.
This worker claims to have voted for Obama but is disillusioned over losing his job because of the president’s immigration policies.
“I’ve paid my taxes, obeyed the laws and have been a good citizen supporting the community with donations,” the former SCE worker wrote. “I voted for President Obama and was appalled that he implemented a rule change, which allows work permits to H-1B spouses. My future votes will only go to candidates that support reforms to the H-1B visa program that preserve the American worker.” National Review
Looks like this person got what he voted for. I feel sorry for him and others like him but something tells me he is not the only affected worker who voted for Obama (and other Democrats). Obama said he wanted to fundamentally transform the nation. He apologized for America and he discussed his ideas about immigrants long before he was elected. People knew, or should have known, what they were getting.
[note]These are skilled workers who were replaced by other skilled workers who happen to be immigrants here legally. Imagine how the unskilled (or low skilled) workers who will be replaced by millions of ILLEGAL immigrants will feel.[/note]
Obama lacked experience, was a community agitator and catered to illegals before he got elected. These folks are supposed to be smart so they should have seen what was going on.
They probably did and did not worry about it figuring it would not affect them personally. They are like all the people who supported Obamacare but are now unhappy because it is affecting them, something they figured (because Obama promised) would not happen.
So all I can say is elections have consequences and if you had paid attention during the campaigns you would not be before the Senate begging them to rein in an out of control anti American tyrant.
Cave canem!
Never surrender, never submit.
Tags: immigrants, lost jobs, Obama, obamacare, replaced, Senate, tyranny, workers