Absolutely, I would lend money to Warren before I lent it to Barack.
The news on this front, unfortunately, is getting worse rather than better:
The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.
via Treasury Securities No Longer Risk-Free? – ProfessorBainbridge.com. I think he’s equating us with Zimbabwe now. The only way to stop this realistically is to cut the money funds off.
if we can defund it while we’re working towards that end, it’ll be like ripping the engine out of the car that drives the bill — and it’s very doable.
From TDN:
Alain Enthoven, Marriner S. Eccles Professor of Public and Private Management, Emeritus, Stanford University, Center for Health Policy delivers remarks at San Francisco health care reform discussion.
All for a huge monster that leaves a health care gap for kids.
it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.
And keeps sex offenders on Viagra.
March 24, 2010 at 7:31 am
The hat tip for the Enthoven video goes to Jeff Harding over at The Daily Capitalist –
http://dailycapitalist.com/2010/03/22/see-what-they-have-done-the-myths-of-the-health-care-legislation/
In the linked article, one may take note of the fact that this legislation relies upon “price controls and bureaucratic rationing” instead of making Medicare more efficient, which is precisely what Enthoven is saying in his own way…
The most insidious thing about this endeavor perhaps is Jeff Harding’s dire prediction about what will transpire in the back rooms of insurance companies. A veritable slash and burn mentality is destined to erupt, which in order to preserve their own viability they will “use countless and covert means to deny care and avoid, mistreat and dump the sick.”
As a side note to this, I have received many calls and emails from employers regarding how to take proactive measures now in order to protect their bottom lines in light of what’s in store. My advice is that employment rolls must be cut now before this thing gets implemented. The able-bodied who remain on staff will simply have to work harder to make up for the lower head count. This runs parallel with the choices of insurance companies which are inevitably going to weed out workers anyway…
Expect unemployment to rise yet still more because of this, and as those of us who have already lived through the faulty austerity measures imposed during the Ford and Carter administrations (Whip Inflation Now, etc.), the proverbial dogged downward economic spiral will chase the tail of debt causing, as you pointed out, inflation.
Thatcher was right. The problem with socialism is that eventually you run out of other people’s money…
Have a great day, McNorman…
March 24, 2010 at 8:51 am
Thanks for the link NNIC.
It is already happening. It is nothing like what we will see in the future.
March 24, 2010 at 7:53 am
By the time we vote that bastard out of office he will have turned us into a third world country. What happens to the world when America is just another defaulted failure? Back to the Dark Ages??
March 24, 2010 at 9:28 am
Time to look for a cave.
March 24, 2010 at 5:27 pm
http://www.inquisitr.com/18541/hard-times-couple-forced-to-sell-cave-house-on-ebay/
March 24, 2010 at 6:07 pm
They will be sorry. I remember them trying to unload this a year ago because I saw the post. They are desperate, Ebay is a last resort.
March 24, 2010 at 8:21 am
Well, it looks like Obama did bring us change, we’ve moved from 21st century health care to 19th century health care. Honestly, this is going to get very ugly and very scary. I have no idea what can be done about it, either. Even if we get Obama and the Dems voted out of office, I don’t trust that the Republicans will make the changes to fix it. It’s going to cost millions of dollars to implement the changes and I’m not so sure they are going to want to spend millions more to change it back.
March 24, 2010 at 8:43 am
If this is to stop, the money plug must be placed. Will the GOP have the gonads to do so? I doubt it.
March 24, 2010 at 8:32 am
mcnorman- OT I used the gethuman ebsite you gave me last night- worked like a charm. The whole thing is being sent to subrogation (?)
I am still going to send Anthem a certified letter though letting them know all the dates of treatment and which facilities and treatments are work comp.
Thanks so much for all your help! You are a professional ferret!
March 24, 2010 at 8:42 am
Yippie!!! Glad it helped.