CBO: Obamacare to cost $1.76 trillion over 10 yrs(double Obama's esitmate)

Originally posted by Eurisko2012

Originally posted by jibeho
reply to post by boymonkey74

 

Believe what you saw in biased HBO mocumentary?? Perhaps you should learn more about Palin by checking some independent sources rather than a Hollywood Production.

Why is everyone so afraid of Palin? She is not even a candidate. They are shaking in the boots if she is picked for VP. Too funny! They've been trying to slam her for 4 years and she only gets more popular. !!

The reelz network channel 161 for Comcast showed The Undefeated.

It was labeled a - documentary -.

Palin elected twice mayor or Wasilla. Then got elected Governor of Alaska and got

something accomplished that had not been done in 30 years!

She forced ExxonMobil to develop Point Thompson, Alaska. Great movie!

Game Change is an HBO hatchet job based on a false narrative.

Palin has been said to be half way retarded by those who have worked for her

reply to post by Chewingonmushrooms

Also do you have links proving that ALL or the MAJORITY of the bailouts (both bailouts not just TARP) returned 16 trillion dollar lent out (which itself was loaned out from the FED with interest)?

Or better put, what was the actual amount or % of the money returned?

This from July 2011 (source here):

Most of the big banks have repaid the government funds they received under the Capital Purchase Program (CPP), the pillar of TARP under which Treasury bought preferred shares in the nation's banks. Enough so that, combined with dividends and sales of warrants, Treasury has declared that taxpayers have earned a profit on the CPP. Thus far, $245 billion has gone out, and $255 billion in repayments, interest and warrants has come back, yielding a profit to taxpayers of $10 billion. And there's several billion more where that came from.

reply to post by jibeho
I've been a vocal opponent of the Obama healthcare plan since it's inception.

Many use the UK model as an example of all the benefits that it would provide.

I can invision the healthcare system in America looking similar to the UK's model, and that's what scares me.

Last year my uncle died. He had kidney failure but was deemed too old (he was 72) to get on the list for a transplant. He was a business owner, successful. Yet a "death panel" condemned him to his fate.

Enjoy it while you can, America.

You'll see it soon enough.

reply to post by mastahunta
now times that by the US population for we all need to get it under the Obama care act or pay a fine, it is not clear if you still need to get Gov med Ins if you have Ins your self, to me the answer is if you work you pay tax, or have it taken out of your pay the same is true with Obama care, can not see doc with out it.

That's just a revised estimate, and Obamacare is not even in effect yet. Wait til you find out the REAL cost. Many, many times more than THAT, I am sure.

reply to post by AwakeinNM
Would we be told?? I think not, just as we are told of the real amount we the US owe in debit add it all up , with interest the deference budget, the current amount borrowed, Obama care, the next conflict=

By 2020 the US will owe...( this is my new cal BTW) 125Trillion $$$ not including the next bank bail out, nor a big one ie Katrina or the Ca big one, add in an other 2-4 trillion on that, before aid, after aid er waist 12-14 trillion$, so 150 Trillion$ could be the next figure in/by 2020

Originally posted by mastahunta

Originally posted by Eurisko2012

Originally posted by jibeho
reply to post by boymonkey74

 

Believe what you saw in biased HBO mocumentary?? Perhaps you should learn more about Palin by checking some independent sources rather than a Hollywood Production.

Why is everyone so afraid of Palin? She is not even a candidate. They are shaking in the boots if she is picked for VP. Too funny! They've been trying to slam her for 4 years and she only gets more popular. !!

The reelz network channel 161 for Comcast showed The Undefeated.

It was labeled a - documentary -.

Palin elected twice mayor or Wasilla. Then got elected Governor of Alaska and got

something accomplished that had not been done in 30 years!

She forced ExxonMobil to develop Point Thompson, Alaska. Great movie!

Game Change is an HBO hatchet job based on a false narrative.

Palin has been said to be half way retarded by those who have worked for her

Source Please!! Thanks for another classic low brow moment.

Why does she scare the crap out of the left and out of Obama so much. Obama's latest campaign ad actually attacks her. Heelloo!! She's not a candidate. Why? Obama always knew that she was more qualified than he was and she still is more qualified. So, its attack those who threaten you the most. It's easy when hollywood and the media are in your back pocket. They focus on her while ignoring Obama's pathetic career history.

The DNC is worried stiff that the following RUMORS
might be true:

"Newsflash October 31, 2012.

... ... ... ...

Sarah Palin today made a shocking announcement
endorsing Barack Obama for President !! "

"Ms. Palin was quoted afterwards (by un-named sources) as saying She
plans to watch confused Democrats vote for
the Republican candidate because most Democrats will automatically
do the opposite of whatever She says !!

She also will anticipate Congressional confirmation in January
on Her nomination as Secretary of State.

Ms. Palin is secretly endorsing the Rick Santorum/Rand Paul ticket,
and plans to reflect that when She Herself votes."

reply to post by beezzer


Sorry couldn't work out if your Uncle was in the UK or not and Iam sorry for your loss.
But kidneys do not grow on trees, not enough people donate kidneys and here in the UK we don't have enough to give to the people who need a transplant.
Your Uncle was 72, many of the people who need them are a lot younger and therefore will get the transplant sooner, just because he is a business owner means nothing, the "death panels" as you call them must make a decision ..do we give someone who is in their 20's or do we give it someone who may only use it for a few years.
If we had plenty of kidneys around this wouldn't be a problem but we do and harsh decisions have to be made.
If you feel so stongly about it donate one of your kidneys.
www.nhs.uk...
So don't call them death panels they have to think about
1)Who will get the most use out of the kidney
2)Who has the better chance of surviving
Hard hard choices but if I was in the same position I would pick someone younger.
Don't blame the death of your Uncle on the people who have to make those choices blame it on the fact there are not enough kidneys around.

PS I think we would solve this by having a donor card given out at birth and if you opt out of it they will not take out organs which will save lives because lots of people say they will be a donor but upon death they have not filled out a donor card and they can't be used.

Originally posted by sad_eyed_lady
reply to post by Chewingonmushrooms

 

Now lets get back to the bailouts, 16 trillion dollars paid out in 2 years or so versus 1.76 trillion in 10 years. Where is the outrage in that?

Do an ATS search on the bail out bill. You will find 10 pages of outrage to choose from. You have to reach a point where you take all your anger and throw it in the trash can or it eats away at you and changes you for the worst.

If you want, you can pick that outrage right back up when you go write your legislators or go to vote.

I don't get outraged anymore, years of studying how the world operates has calmed that anger. I see you haven't done the same considering you believe writting legislators and voting actually changes anything.

That's the problem, people see this world in a black/white, right/wrong, up/down fashion. They believe if only the liberals didn't exist, or if only the conservatives didn't exist then the world would be a perfect place to live in. They direct their anger at the other side rather than looking at the whole picture and seeing it for what it is, a farce.

And for the record, I don't need to do a search for the bail out bill, don't know if you have noticed but I've been on this site for quite some time and am well aware of the threads, thanks.

Originally posted by mastahunta

Originally posted by Eurisko2012

Originally posted by jibeho
reply to post by boymonkey74

 

Believe what you saw in biased HBO mocumentary?? Perhaps you should learn more about Palin by checking some independent sources rather than a Hollywood Production.

Why is everyone so afraid of Palin? She is not even a candidate. They are shaking in the boots if she is picked for VP. Too funny! They've been trying to slam her for 4 years and she only gets more popular. !!

The reelz network channel 161 for Comcast showed The Undefeated.

It was labeled a - documentary -.

Palin elected twice mayor or Wasilla. Then got elected Governor of Alaska and got

something accomplished that had not been done in 30 years!

She forced ExxonMobil to develop Point Thompson, Alaska. Great movie!

Game Change is an HBO hatchet job based on a false narrative.

Palin has been said to be half way retarded by those who have worked for her

I was wondering how long it was going to take for you to give up and just start name calling.

BTW, Game Change bombed in the ratings. HBO got less than half of the viewers of

Sarah Palins Alaska.

For the record, UK health care is Free Obama care is not.

Many people still misinformed about what is really Obama care, guess what if you are in Medicare you will have to buy additional health care under Obamacare, if you are on medicaid then you still will be on madicaid.

The only thing that Obama care does is forcing tax payer under certain incomes (usually the working class) to purchase health care by mandate the biggest bailout to the insurance companies

“Obamacare” is (unfortunately) not free, universal health care

Just so we’re clear on this, Obama’s health care reform did not, unfortunately, grant universal health care access to all Americans. All it does is require all Americans to purchase private health insurance coverage, and consequently prohibits private insurers from barring someone from purchasing said coverage.

However, the reform law does absolutely nothing to address the prohibitively high rising costs of health care; the massive profits accrued by private health insurers; or the ability for these private insurers to render health care virtually un afordable to its subscribers through extremely high co-pays, deductibles, premiums, etc.

In other words under Obamacare those that will be mandate will be under the dirty and corrupted hands of unscrupulous health care insurance and guess what, the prices will make impossible for Americans to use their now mandated health care coverage due to the skyrocketing out of pocket expenses and deductibles that are how Insurance makes the bulk of their profits.

Reality Check. Obamacare is not free no universal just mandated a win for health care insurers by force of the law.

abaldwin360.tumblr.com...

Originally posted by rnaa
reply to post by Chewingonmushrooms

 

Also do you have links proving that ALL or the MAJORITY of the bailouts (both bailouts not just TARP) returned 16 trillion dollar lent out (which itself was loaned out from the FED with interest)?

Or better put, what was the actual amount or % of the money returned?

This from July 2011 (source here):

Most of the big banks have repaid the government funds they received under the Capital Purchase Program (CPP), the pillar of TARP under which Treasury bought preferred shares in the nation's banks. Enough so that, combined with dividends and sales of warrants, Treasury has declared that taxpayers have earned a profit on the CPP. Thus far, $245 billion has gone out, and $255 billion in repayments, interest and warrants has come back, yielding a profit to taxpayers of $10 billion. And there's several billion more where that came from.

Let me guess you googled "amount paid back from bailouts" or something and read the first paragraph and decided to post the link with no comment. You also quoted me, yet made no effort to answer the question I asked in the quote.

From your own link:

"Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institution's participation in the Small Business Lending Fund." Footnote 50 reads: "Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 — part of the repayment amount obtained from proceeds received in connection with the institution's participation in the Small Business Lending Fund."

All of which is to say that these banks repaid cash owed to a program run by the Treasury Department by. . . borrowing from another program run by the Treasury Department.

And

Thus far, $245 billion has gone out, and $255 billion in repayments, interest and warrants has come back

And

Still, when combing through the reports of TARP exits, it's important to realize that many banks are simply swapping a government crutch for a cheaper government walking stick.

245 billion? We are talking trillions (plural) here. You post a link with contradictory statements, assuming your point was funds paid back, that talks about 1/4 of a trillion dollars. What about the 15.75 trillion dollars?

Originally posted by marg6043
For the record, UK health care is Free Obama care is not.

Many people still misinformed about what is really Obama care, guess what if you are in Medicare you will have to buy additional health care under Obamacare, if you are on medicaid then you still will be on madicaid.

The only thing that Obama care does is forcing tax payer under certain incomes (usually the working class) to purchase health care by mandate the biggest bailout to the insurance companies

“Obamacare” is (unfortunately) not free, universal health care

Just so we’re clear on this, Obama’s health care reform did not, unfortunately, grant universal health care access to all Americans. All it does is require all Americans to purchase private health insurance coverage, and consequently prohibits private insurers from barring someone from purchasing said coverage.

However, the reform law does absolutely nothing to address the prohibitively high rising costs of health care; the massive profits accrued by private health insurers; or the ability for these private insurers to render health care virtually un afordable to its subscribers through extremely high co-pays, deductibles, premiums, etc.

In other words under Obamacare those that will be mandate will be under the dirty and corrupted hands of unscrupulous health care insurance and guess what, the prices will make impossible for Americans to use their now mandated health care coverage due to the skyrocketing out of pocket expenses and deductibles that are how Insurance makes the bulk of their profits.

Reality Check.

Obamacare is not free no universal just mandated a win for health care insurers by force of the law.

abaldwin360.tumblr.com...

edit on 15-3-2012 by marg6043 because: (no reason given)

QFT. Obamacare is not universal health care and as far as I am concerned it is a joke.

reply to post by Chewingonmushrooms


Bingo!!!!!!!!!!!!!!!!!!!! Is incredible, to see so many miss informed voters and tax payer on what Obamacare is all about until the mandate comes and bite them in their butts because is going to bite many deep in their pockets.

Here in the south were I live poverty is very high, GA is a welfare state, some believe that Obama is going to send them checks to pay for their health care.

Many think that is just free and still call it "socialized health care" because they fail to read between the lines or just follow personal party lines and believes.

Oh, boy, many are going to wake up to a very ugly reality.

Thankfully the Surpreme court will be taking Obamacare soon for its constitutionality. But many so call experts said that the court will side with the mandate, but is just opinions of" bureaucraps" that have the most to win with the mandate.

edit on 15-3-2012 by marg6043 because: (no reason given)

reply to post by marg6043


Popular liberals like Bob Beckel have already stated that ObamaCare will be found to be

unconstitutional by the SCOTUS because it is unfairly stacked with Republicans.

- June 2012 - ObamaCare dark cloud will disappear.

reply to post by Eurisko2012


Is interesting because if you remember when Hillary Clinton try to pass a version of the bill that actually would have benefited the tax payer better without mandate was struck down in its track by the Republican congress and what they used was that it was unconstitutional, but then as more lobbying money started to circulate around under Obama the bill that is actually unconstitutional now was passed with not problem.

In the great US money talk and crap gets to walk. I wonder if our Supreme court will be open for lobbying money just like congress is for business everyday, then we stand no chance

Since the OP had used the National budget to provide his point, then similarly can one use it to provide the alternative perspective.

What is healthcare for? A luxury, a whim of fancy? No.

Healthcare when applied whenever needed, and at the earliest, will help a human later to return to productivity. For the old and aged, when provided, would provide a measure of support, confidence and morale boosting to the younger generations, and suffer from less stress, and be productive.

It is morale and human ingenuity productivity that increases the GDP, from which the National budget draws from. With a good morale and productive people, the GDP will increase substantially. Conversely, without morale and productivity, the GDP will tank, health risks increases and the nation rots.

Thus, dare the OP takes the risk and do away with healthcare?

This is a cold and clinical rational approach, for those whom cares not about the human angle or have no empathy for others, but looks at any policy from the dollar and cents angle. Sadly, such humans do exists today, as the OP and some here are the evidence.

reply to post by SeekerofTruth101


I would have taken your stance, with not problems if the health care was free, even if we had to pay more for entitlement programs or one was created for the purpose of supporting Universal health care, or just fix what we got already, but in this instance most of the money that Obama is going to utilized is going to the training and operations of the biggest scam artist of all, the health care industry and their mandated health care thanks to Obamacare, more money into the hands of private industries to gouge the tax payer, while enforcement offices will be operating to make sure you pay the dues.

The irony.

Originally posted by SeekerofTruth101
Since the OP had used the National budget to provide his point, then similarly can one use it to provide the alternative perspective.

What is healthcare for? A luxury, a whim of fancy? No.

Healthcare when applied whenever needed, and at the earliest, will help a human later to return to productivity. For the old and aged, when provided, would provide a measure of support, confidence and morale boosting to the younger generations, and suffer from less stress, and be productive.

It is morale and human ingenuity productivity that increases the GDP, from which the National budget draws from. With a good morale and productive people, the GDP will increase substantially. Conversely, without morale and productivity, the GDP will tank, health risks increases and the nation rots.

Thus, dare the OP takes the risk and do away with healthcare?

This is a cold and clinical rational approach, for those whom cares not about the human angle or have no empathy for others, but looks at any policy from the dollar and cents angle. Sadly, such humans do exists today, as the OP and some here are the evidence.

You seem to be assuming that most people have no insurance.

The fact is, most do.

AND, many are on Medicaid.

AND, the same ones on Medicaid now, will remain there !! right?

AND, many will be included in Medicaid soon enough as long as jobs continue to dwindle away.

AND, many employers will force the "exchange" plans to be implemented.

What exactly is wrong with the current system ?