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The ObamaCare death spiral continues

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posted on Mar, 10 2012 @ 03:29 AM
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The ObamaCare death spiral continues


It sounds like the ObamaCare budget keeps getting bigger
and bigger and bigger and ....
many more questions and "over looked" things are being exposed.

The people involved in the agenda are some of the most powerful people in the U.S. Government !!

The future of the country is in their hands !!
(God save us)

In the video below, you will see how the Secretary of the Department of Health and Human Services handles some routine questions during a Congressional hearing.


She seems to stutter, stammer, and wave her hands and arms all over the place.
(Much like some other familiar faces in the crowded government)

by John Hayward
03/08/2012 -- Human Events

Last week, after Health and Human Services Secretary Kathleen Sebelius claimed the private insurance market was in a “death spiral” long before ObamaCare came along, I pointed out that ObamaCare itself is the paramount modern example of a high-speed death spiral. Whatever one might say about the structural deficiencies of private health insurance – which are, in no small part, due to government interference – it’s taken decades for them to reach their current state. ObamaCare, by contrast, began falling apart the minute it passed. Literally billions of dollars have been dropping from its leprous bulk with every passing month.

Senator Ron Johnson (R-WI) of the Senate Budget Committee had the same idea, and decided to question Our Lady of the Death Spiral about it when she appeared before the Appropriations subcommittee on Wednesday, leading to the following hilarious and terrifying exchange:



In the course of a few minutes, [color=cyan]Sebelius – who will become one of the most powerful officials on Earth, once ObamaCare is fully up and running - concedes that ObamaCare’s funding mechanisms are collapsing, its costs are ballooning out of control, and it has driven the cost of insurance for American families up instead of reducing them, and she has absolutely no idea what it’s going to do to the federal budget deficit.

Give Obama four more years, and his team will do even more wonderful things that nobody understands, at a cost no one can calculate!

The ObamaCare death spiral continues


Duh, well, I didn't know that, we were never sure, we thought it was ok, he forgot to tell us that, we didn't read it,
but but but .. , we under estimated the costs, ....

and every other excuse for failure they can think of !!


These People are Ruining Running YOUR Life !!




edit on Mar-10-2012 by xuenchen because: (no reason given)




posted on Mar, 10 2012 @ 04:43 AM
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well, we had to pass it, to see what was in it!!!
now that we've seen, can we just kill it???
start from scratch and come from the perspective that we are gonna do what is best for america overall, instead of what's best for insurance companies, or what's best for this small group or that? and park the politics at the door please??

I got a feeling that the insurance companies may have been in a death spiral...
we had one life insurance company in our area go into receivership a while back, and it wasn't because too many of their clients died from the lack of healthcare...
nope, it was because they had invested the revenues into, guess what...yep, you got it, sliced up, diced up, stirred in the pot bogus mortgage securities!!! when it blew up, they blew up!!!
so was the revenues for the healthcare insurance stashed at when things blew up???
could obama care have just been another bailout presented to us as something else?
edit on 10-3-2012 by dawnstar because: (no reason given)



posted on Mar, 10 2012 @ 04:52 AM
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Come on USA your like he last country in the world that don't have healthcare..
admit it... when you are sick to the bone, would it not be nice to get the treatment you needed without having to pay massive sums of money.

instead pay a small fee to free healthcare over taxes, just get use to it.. its worth it ^^



posted on Mar, 10 2012 @ 05:02 AM
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Obamacare is fascist

The insurance companies stocks went up the moment the bill passed. They didn't have to raise their premiums for the average person but had an excuse to since very few people actually read the contents of bills anymore.

The insurance companies love it, guaranteed customers.



posted on Mar, 10 2012 @ 05:06 AM
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reply to post by Vandalour
 


This isn't socialized healthcare. It makes every citizen purchase private insurance or be fined potentially.

I personally like the idea of a public health option, but this isn't it.


In 2010, the Patient Protection and Affordable Care Act was signed into law. It retained a mandate that nearly everyone in the U.S. must have some form of health care insurance by 2014, or be fined by the Federal government. This mandate is the main issue for most of those opposed to Obamacare. Soon after the act was signed into law, Attorneys General in 21 States filed suits to protect their citizens from being forced, in violation of the Constitution, to purchase government-approved health insurance.


useconomy.about.com...



edit on 10-3-2012 by RealSpoke because: (no reason given)



posted on Mar, 10 2012 @ 06:54 AM
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Originally posted by RealSpoke
reply to post by Vandalour
 


This isn't socialized healthcare. It makes every citizen purchase private insurance or be fined potentially.

I personally like the idea of a public health option, but this isn't it.


In 2010, the Patient Protection and Affordable Care Act was signed into law. It retained a mandate that nearly everyone in the U.S. must have some form of health care insurance by 2014, or be fined by the Federal government. This mandate is the main issue for most of those opposed to Obamacare. Soon after the act was signed into law, Attorneys General in 21 States filed suits to protect their citizens from being forced, in violation of the Constitution, to purchase government-approved health insurance.


useconomy.about.com...



edit on 10-3-2012 by RealSpoke because: (no reason given)


And its amazimg that was put in to placate the Republicans and now they use it as ammo against it. Of course cost wise it all evens out. Uninsured people still get treated and do not pay so the cost is passed on by higher rates at hospitals that are pased on to us. Now the increase in cost will come from the insurance company straight up. Although the theory is sound that if people were getting care from birth the more expensive things that happen later could be avoided. This of course is very logical but, the flaw is that Americans give a crap about making it better for future generations at the their own current expense. Clearly that is not the American way.



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