(10-01-2013 01:26 AM)NY Digital Wrote:Quote:Makes sense to me. "We wanted to SAVE you from having health insurance, we're so sorry."
Obamacare will only advance the decline of America.
Nothing good will come of it.
I'm curious, what magic spell will the Democrats use to conjure up doctors out of thin air?
Let's not forget all those doctors running away to private practice.
It's okay though, CHANGE is good.
(10-01-2013 09:48 AM)JayJuanGee Wrote: I just did a quick look at the news recap, and in sum last night the house passed a similar version of what it had passed three times earlier requiring either the defunding or the postponement of Obama Care. And, this morning the senate rejected that for the fourth time.
In essence a large majority of Americans consider this to be the house's making to keep on presenting the same issue that really was passed 3 years ago and settled with the Supreme Court - like a bunch of bullies and spoiled brats. IMHO, there are better tactics to get your way rather than being babies and crying over spilled milk. It just seems that the babies are going to have to give in first, in this case, but how long can they hold out and continue to cause damage to the credibility of the US financial legitimacy.
In any event, the stock market seems to be taking this pretty well. The last few days that the market was open, the Dow was down nearly a percentage each day. This morning the Dow is up nearly half a percentage. Go figure! There must be some optimism in the market that this shut down fiasco is going to work itself out soon.
(10-01-2013 09:54 AM)It_is_my_time Wrote: The House is doing what they were elected to do. Obamacare is very unpopular. So they did their best to stop it.
Now they will work out a plan sometime soon to get the govt. funded 100% again, and the Democrats will own Obamacare 100%. And as Obamacare continues to get worse and worse, the Democrats will have to defend it in upcoming elections.
Maybe the media will not ask the Democrats why certain companies and the DC elected officials and their staffers are given tax payer money so they can get out of Obamacare. But the voters will.
(10-01-2013 10:15 AM)JayJuanGee Wrote:(10-01-2013 09:54 AM)It_is_my_time Wrote: The House is doing what they were elected to do. Obamacare is very unpopular. So they did their best to stop it.
Now they will work out a plan sometime soon to get the govt. funded 100% again, and the Democrats will own Obamacare 100%. And as Obamacare continues to get worse and worse, the Democrats will have to defend it in upcoming elections.
Maybe the media will not ask the Democrats why certain companies and the DC elected officials and their staffers are given tax payer money so they can get out of Obamacare. But the voters will.
Surely we can have different opinions about what the people think, and whether the small group of people holding things up in the house represent the people or some narrower and more radical vision of america. If the people of the US are allowed to vote on something with accurate information, then generally, I think people would vote to have better health care in the US, like most industrial countries have, and not a system of health care that is only for the very rich. In fact, no one, even a feminist, should go bankrupt b/c of a health issues... even if the person may be of a "lower" class.
In essence, it seems that a better health care system would strengthen America and its businesses.
I am NOT sure if Obamacare does that exactly, but it has some additional protections for regular people. Now if we could lessen the influence of the drug and insurance companies in this equation about what the people want, then probably we would be talking true will of the people.
Certainly, opinions on this forum may vary... and even families are divided over this issue of affordability of healthcare in America. But that Obamacare legislation had already passed three years ago and been approved by the Supreme Ct, about a year ago, and, maybe those kinds of questions of modifying Obamacare should be a separate debate from shutting down the USA govt.? Opinions may vary.
(10-01-2013 10:15 AM)JayJuanGee Wrote:(10-01-2013 09:54 AM)It_is_my_time Wrote: The House is doing what they were elected to do. Obamacare is very unpopular. So they did their best to stop it.
Now they will work out a plan sometime soon to get the govt. funded 100% again, and the Democrats will own Obamacare 100%. And as Obamacare continues to get worse and worse, the Democrats will have to defend it in upcoming elections.
Maybe the media will not ask the Democrats why certain companies and the DC elected officials and their staffers are given tax payer money so they can get out of Obamacare. But the voters will.
I think people would vote to have better health care in the US, like most industrial countries have, and not a system of health care that is only for the very rich. In fact, no one, even a feminist, should go bankrupt b/c of a health issues... even if the person may be of a "lower" class.
In essence, it seems that a better health care system would strengthen America and its businesses.
(10-01-2013 12:53 AM)iknowexactly Wrote:(09-30-2013 12:42 PM)bacon Wrote: In 24 hours the news story will be how both parties saved the day and reached an agreement for more spending.
In 10 years the US will be on the level of developing countries in that it is too broke to pay for 90% of non essential workers and projects.
This shit can not go on forever.
I'll take you money on that bet with 2-1 odds in your favor.
Yer just talking shit.
The US is one of the most powerful, resilient economies in the world. Ready to put up some cash that the US personal income will remain far, far above current devoloping countries?
I expect resounding silence, or changing of the subject.
Quote:The interest rates on federal debt began climbing last month, jumping from 1.66 percent on a 10-year U.S. Treasury note at the start of May to a stunning 2.2 percent on Tuesday.
That 54-basis point increase looks small to the casual eye. But if it continues, the higher yield could increase by billions of dollars how much money the federal government spends to service the $16.7 trillion national debt.
Quote:The CBO projected in February that the government would spend $223 billion on net interest payments this year. That figure may now have to be revised upward by a few billion dollars if the average yield turns out to be higher than the CBO estimated
Quote:Every additional dollar devoted to servicing the debt gets subtracted from another government program鈥攐r adds to the yearly budget deficit.
Quote:Interest payments are expected to balloon from $223 billion this year to $823 billion in 2023, when the CBO estimates that 10-year notes will have a 5.2 percent interest rate.
(10-01-2013 10:28 AM)It_is_my_time Wrote: The govt. shut down is all just politics. In the long run it will force either the Democrats to cut some spending or all in all the Democrats will own the spending and Obamacare going into the 2014 elections.
Quote:Exactly. This Persian chick in SF who is a friend of an acquaintance of mine got struck by a hit and run driver while she was crossing the street. Dude hauled ass and has yet to be found. Unfortunately for her she was uninsured and has to come up with the six figure medical care expenses. In no other industrialized country would you hear of a story like that. Pretty embarrassing quite frankly.
(10-01-2013 10:38 AM)bacon Wrote: So even if government is correct about future interest rates which suspect will be much higher you can see how much of the US budget will be going to servicing debt. This is why I believe that in 10 years the US will be on the level of developing countries in that it is too broke to pay for 90% of non essential workers and projects and that this can not go on forever.
(10-01-2013 10:48 AM)JayJuanGee Wrote:(10-01-2013 10:28 AM)It_is_my_time Wrote: The govt. shut down is all just politics. In the long run it will force either the Democrats to cut some spending or all in all the Democrats will own the spending and Obamacare going into the 2014 elections.
We would go back and forth, if we were to say what the people want b/c you seem to think that they do not want what has been deemed Obamacare.
Nonetheless, IIMT: how long do you predict that this shut down is going to last?
And, do you think that it is worth it to shut the govt down to prove some kind of point about needing to make cuts as being in the benefit of the American people?
Also, probably, this cut mentality is also going to screw the US economy, but maybe the cut mentality has so much momentum that both sides seem to think cutting is the way to prosperity... which I hope they do not screw things up too badly while cutting and the rich are attempting to rob regular people of social security, etc etc.
surely robbing has been going on for quite a while in the US and many societies.. and nothing new there... However, I would like the dollar and the system that is in place to maintain itself at least for the next 30 years while I go have fun banging girls into my old age in foreign lands. Are we gonna be able to have that with these ongoing shut downs, and such baloney?
(10-01-2013 10:49 AM)bacon Wrote: I am sorry for your friend but she should have gotten a very affordable catastrophic insurance with a very high deductable for rare events like this and been fine financially. That is the insurance young and healthy people should have which prior to obamacare was very affordable for us since that demographic doesnt have high medical costs usually. Who knows how high that will be now since young healthy people will likely be subsidizing old, unheathy people with higher payments very month.
(10-01-2013 10:49 AM)bacon Wrote:Quote:Exactly. This Persian chick in SF who is a friend of an acquaintance of mine got struck by a hit and run driver while she was crossing the street. Dude hauled ass and has yet to be found. Unfortunately for her she was uninsured and has to come up with the six figure medical care expenses. In no other industrialized country would you hear of a story like that. Pretty embarrassing quite frankly.
I am sorry for your friend but she should have gotten a very affordable catastrophic insurance with a very high deductable for rare events like this and been fine financially. That is the insurance young and healthy people should have which prior to obamacare was very affordable for us since that demographic doesnt have high medical costs usually. Who knows how high that will be now since young healthy people will likely be subsidizing old, unheathy people with higher payments very month.
(10-01-2013 10:58 AM)JayJuanGee Wrote:(10-01-2013 10:49 AM)bacon Wrote: I am sorry for your friend but she should have gotten a very affordable catastrophic insurance with a very high deductable for rare events like this and been fine financially. That is the insurance young and healthy people should have which prior to obamacare was very affordable for us since that demographic doesnt have high medical costs usually. Who knows how high that will be now since young healthy people will likely be subsidizing old, unheathy people with higher payments very month.
Bacon: I am all for personal responsibility; however, it seems like we should not get caught up in this blame the victim cycle of he should have done this and she should have done that. In essence, basic things, such as unexpected accidents should just be covered. The USA is amongst the richest countries in the world but regular and poor people, including many people's grandmas are suffering incredibly by this screwed up healthcare system that sucks out money and is inefficient and is only going to the drug companies and insurance companies, rather than to providing health care.
(10-01-2013 10:56 AM)It_is_my_time Wrote: There isn't a "back and forth" the polls out, right now, over and over show that the American people are strongly not in favor of Obamacare. It is just a very bad piece of legislation.
(10-01-2013 11:20 AM)Hencredible Casanova Wrote: Also, no matter your ideology, the renegade faction of the Republican party is certainly to blame for this shutdown. The Affordable Care Act is the law of the land and is already in effect. It passed both houses of Congress during Obama's first term, survived a constitutional challenge at the Supreme Court, and was again validated by Obama's reelection. To now have a debate about its merits as a condition of passing an unrelated budget resolution for spending already approved by the House is yet another stark reminder that the Republican party is being held hostage by an infantile mob of sociopaths. This will no doubt come back to bite them come 2016.
(10-01-2013 10:56 AM)It_is_my_time Wrote: I would guess a week or so. Though it may last until the Oct. 17th deadline of dealing with extending the borrowing limit. It is all just politics.
(10-01-2013 10:56 AM)It_is_my_time Wrote: That is one thing that I hope the American people realize, even if the liberal media doesn't point it out.
(10-01-2013 10:56 AM)It_is_my_time Wrote: The "govt. will be shut down" yet there will be little to no notice for a large % of Americans. Their day to day activities will not change by the shut down. So maybe the American people will start to realize how much waste our govt. really has and how much more they can cut.
(10-01-2013 10:56 AM)It_is_my_time Wrote: With the out of control spending, especially since Obama has been president, I really don't know how much longer the US economy/$USD will remain strong. I have seen predictions that the bottom will fall out in 2016-2018. As Bacon posted, there are HUGE concerns for 2023.
Under Obama we borrow 41 cents of every $1 the US Federal Govt. spends. We simply cannot keep this up much longer.
(10-01-2013 11:30 AM)bacon Wrote: Look if I was some obese diabetic I would be loving Obamacare since I stand to benefit. But I am not, I am young and healthy and now I have to pay higher insurance to susidize people like that.
(10-01-2013 11:44 AM)Cattle Rustler Wrote: Republican mentality:
Spend money on corporate subsidies (welfare) and wars: good
Spend money on education and health: bad
Wars and corporate welfare won't increase our success.....investing in people will. I fail to see where the media is liberal, the biggest media outlets are Fox and WSJ. If obamacare were unpopular, he would have not been reelected.
Many gov't employees are getting screwed by not getting paid (teachers, museums), while those in defense or security are still getting their paychecks. On the other hand, I'm happy that defense contractors are not getting paid.
(10-01-2013 12:08 PM)It_is_my_time Wrote: JayJuan, it would be hard for me to discuss economics with you, being you don't understand how the bond market works.
Obama spent trillions on green energy and other Democratic pet projects. We got nothing in return. If you read up about how the bond markets work you will realize the USA does not have anywhere near enough money and our time is about to run out.