We have been taught all or lives the principal of ECONOMIES OF SCALE. Briefly, it describes the concept that collective initiatives enjoy benefits greater than those of a single entity...or something like that.
Obama has made the argument that by having EVERYONE insured in Health Care, the costs per person will be reduced. Well, that is good, as far as it goes. The problem is more complex, however.
In the case of the Health Care Bill just signed into law, there are extreme consequences related to the extraneous terms included in the bill. Insuring more people will cost money, in and of itself, particularly exacerbated in light of the intent to place more people on Medicaid, costs for which are borne by individual states, taking $560 BILLION from Medicare (plus eliminating Medicare Advantage Supplemental Insurance), increasing Medicare payroll taxes, taxing those whose income is over $200,000/yr. ($250K for couples), most of whom are small business owners, taxing medical equipment (which cost will be passed to patients), taxing, through various means, health insurance (including fines for failure to comply to mandatory insurance)...gosh, the list goes on.
Obama cites benefits, such as guaranteeing health insurance for those with pre-existing conditions, tax breaks for small businesses to help pay for health insurance, portability (keep insurance if losing or changing jobs), and more...these are the major highlights.
NONE of these provisions I have mentioned SAVE MONEY! Everything I mention COSTS somebody something! Either the Government pays for it, the individual pays for it, or Seniors pay for it (through Medicare cuts), or costs are passed on to the states (Medicaid). In the end, the net result is that IT WILL COST THE AMERICAN PEOPLE....ONE WAY, OR THE OTHER!
Lurking behind the scenes is our National Debt. While projected at about $12.3 TRILLION this year, and continuing to rise in coming years, that only is THAT PORTION OF THE DEBT ATTRIBUTABLE TO THE REDERAL OPERATING BUDGET! THAT IS ON A PART OF THE DEBT!
Where do I start? Where is the other debt? Well, for one, Social Security has, since its inception, taken in more money through payroll deductions than it has paid out in benefits, creating a huge Social Security Trust Fund. The purpose of this fund is to cover benefits in any year(s) that payouts exceed income. Great, huh? Currently, there is rough $5 TRILLION in that fund. Oh, but, wait a minute! Do you mean we have $5 TRILLION in RESERVE CASE siting in a bank in Beverly Hills? Well, not exactly! Over the years, as the reserve built up, Congress "borrowed" it to cover programs THEY wanted to spend it on, so they gave Social Security IOU's, in the form of Government Bonds. So that is another $5T in debt!
When Social Security was formed, and throughout its existence, everyone was promised by the Federal Government a GUARANTEED LIFETIME INCOME upon retirement. Today, that PROMISE OF INCOME is projected to be $38 TRILLION!!! Put it this way....that is $38 TRILLION in UNFUNDED LIABILITIES for Social Security! Unfunded liabilities are the same as debt....they are a commitment to pay for something, albeit UNDELIVERED, as opposed to DELIVERED, to someone, which constitutes a debt! Where does that put us? 12.3 + 5 + 38 = 55.5! THE UNITED STATES GOVERNMENT CURRENTLY OWES $55 TRILLION, 500 BILLION!!
Wait a minute! Is that it?.....well, almost. This year, Social Security will pay OUT more than it takes in, for the first time EVER! How much more? Try $49 BILLION! Now, who pays that? The FEDS, of course. 55.5 + .05 = 55.55T
Is that all? Well, not quite. The Health Care Bill cost is estimated be $940 BILLION, not including the "Dr. Fix", which is another $360 BILLION...NOT INCLUDED IN THE CURRENT BUDGET! 55.55 + .36 = 55.91T
Now for the offsets. $560 B from Medicare....wait, that is supposed to pay for adding the uninsured...so that is zero...right? Wrong! It is ALSO supposed to pay for ADDED BENEFITS (GAP COVERAGE) FOR SENIORS ON MEDICARE! Wait a minute! That's double dipping! Spending the same money twice! If all that is paid out, well...that adds another $560 to the debt...but I already counted it once in the above number, so let's ROUND OUR DEBT OUT TO $56 TRILLION!!!!!!!!!!
$ 56,000,000,000,000 ....THAT'S 12 ZEROES!
So that's it, right? WRONG! Each year, the portion of debt outstanding unpaid WILL ADD INTEREST TO THE DEBT! In 2010, that is about $800 BILLION! Oh, and that does NOT include the interest owed to Social Security on the $5 TRILLION owed there!
Whew! I am exhausted! Even though I quoted various sources on these numbers, the total may not be exactly right...but, it is close! So, don't nick-pit me to death over minute details! That is not important! What IS IMPORTANT is the fact that we ALREADY OWE more money than we can pay back! What we DO pay out, over tax income, comes from where? The FEDERAL RESERVE PRINTS MORE MONEY!
That will solve the problem, right? WRONG! That creates INFLATION...remember the Carter days? INFLATION COSTS US MORE FOR EVERYTHING WE BUY! The other effect is to REDUCE THE VALUE OF THE DOLLAR!
Okay, so now we add another 500 or so Government Bureaucracies to administer and regulate the new Health Care Bill and we JUST MIGHT be over the edge!
Oh, Obama tells us NOT TO WORRY! We will save over $ 1 TRILLION in HEALTH CARE COSTS over the next 20 years! If you believe THAT....I know where a bridge is that you should buy! He did not mention that the Federal Budget will ADD more debt each year for years to come, regardless of the health care effect!
What is the bottom line? We OWE more than we can repay...NOW! We continue to ADD to that debt! Social Security has reached a crucial point...it requires Federal payments to cover the shortfall! The Baby Boomers retiring over the next 10 years will INCREASE the number on Social Security, adding to ITS problems, not to mention MEDICARE, that is already BROKE!
Obama and Congress are on a path to spend us into oblivion, as lemmings who rush to drown themselves in the sea! Of course, many contend that is the plan...but....that is another story! Oh, I forgot to mention Cap & Tax and illegal Alien Amnesty, the Iranian situation, Israel/Palestine, Chavez..............
For now, suffice it to say that MORE is not always BETTER, and ECONOMIES OF SCALE are CORRUPTED, when you turn it upside down by SPENDING MORE THAN YOU TAKE IN....CONTINUOUSLY!!!!!! When that happens to us, the result is..... BANKRUPTCY!
LET'S VOW THIS MOMENT TO DEVOTE OUR EFFORTS TO FIGHT THIS TYRANNY AND RESTORE THE PROPER ECONOMIES OF SCALE TO OUR COUNTRY! MAY GOD BLESS THE USA (US)!
Thursday, March 25, 2010
Monday, March 22, 2010
GOVERNMENT OF, BY & FOR THE GOVERNMENT!
Our government is the herder...we are the SHEEPLE!
The "Affordable Health Care For America Act" (HR3962) IS ANYTHING BUT! In addition, it is NOT about providing better health care for Americans at all! It is all about POWER AND CONTROL!
"We are 5 days away from a TOTAL TRANSFORMATION OF THE UNITED STATES! - Barack Obama in a campaign rally speech 10/29/09.
"This bill ... as our Founders who said that all men are born with unalienable rights...including Life, Liberty and the Pursuit of Happiness...will give Americans BETTER, HEALTHIER LIVES to help them pursue their hopes and dreams IN THE PURSUIT OF HAPPINESS..." (Paraphrased) - Nancy Polosi, after the passage of the Health Care Bill, 3/21/10.
REFERENCE LINK: http://www.youtube.com/watch?v=rZt8QdD39Mc
"Congress has proven once again that the Government of the People and by the People is still working FOR the PEOPLE!" - Barack Obama, after the passage of the Health Care Bill, in the wee hours of 3/22/10.
"An overwhelming majority of Americans voted for SOCIALISM when they elected Barack Obama." - Al Sharpton on Fox News 3/22/10.
Some of the provisions of the bill include the creation of over 100 NEW GOVERNMENT BUREAUCRACIES, a multitude of NEW TAXES ($560 BILLION over 10 years), deep cuts in Medicare ($500 BILLION over 10 years), MANDATORY HEALTH CARE INSURANCE (with minimum coverage requirements dictated by the Secretary of Health & Human Services and the Health Choices Commissioner), penalties imposed on those who REFUSE TO BUY health insurance (ENFORCED BY THE IRS!), a Government takeover of the STUDENT LOAN PROGRAM (??? in a HEALTH CARE BILL????), adds MILLIONS of people to MEDICARE (adding further burdens on cash-strapped individual STATES...called UNFUNDED MANDATES), PROVISIONS THAT WILL PROVIDE GOVERNMENT PAID ABORTIONS and a plethora of other requirements and provisions
REFERENCE LINK: http://www.capmag.com/article.asp?ID=5668
Moreover, the TAXES START IMMEDIATELY (except the surcharge on "Cadillac Plans" do not take effect until 2018, to appease the Unions), but BENEFITS DO NOT START UNTIL 2014 (except for expansion of certain provisions related to children's health care). That means 10 years of TAXES for only 6 years of BENEFITS!
The bill does NOT include the restoration of payments to Doctors for Medicare Coverage [so-called "DR. FIX" - $250-300 BILLION over 10 years], due to be cut by 21% this year. Therefore, the $183 BILLION reduction in the National Debt (over 10 years) projected by the CBO, does NOT include this expense. It should be noted that MANY DOCTORS do not accept Medicare patients and EVEN MORE do not accept Medicaid patients...TODAY! That number is projected to significantly increase over the coming years.
The CBO has to make cost projections BASED SOLELY ON THE ASSUMPTIONS MADE BY CONGRESS! These assumptions given to the CBO for analysis includes a RAPID RECOVERY OF THE ECONOMY AND RECORD REVENUE over the next 10 years! Also, the $500 BILLION cuts in Medicare has been counted TWICE! On the one hand, Obama has said that it will be used to FIX MEDICARE! On the other hand, he has said that these funds will be used to cover costs related to an increase in the number of insured! The CBO projections do NOT show this, although they pointed out that you cannot count it twice...you can't have it both ways! Yet, Obama continues to make these claims. The projection of a $1.3 TRILLION savings over the second 10 years is PIE IN THE SKY (and the CBO said so), is based on super-rosy projections of the economy, assumed health care cost savings and other dubious, unsubstantiated claims. ANY claims of reductions in health care costs, and therefore insurance premiums, are unsubstantiated.
LOGIC: YOU CANNOT ADD 32 MILLION PEOPLE WITH HEALTH INSURANCE, INCREASE THE NUMBER OF PEOPLE ON MEDICAID SUBSTANTIALLY AND BAILOUT MEDICARE FREE! Moreover, NONE of the cost projections include ANY of the increased costs to STATES for increased Medicaid costs, due to the inclusion of additional people!
38 states (and counting) have pending legislation challenging the imposition by the Federal Government of mandatory health care insurance as being UNCONSTITUTIONAL (Idaho and Virginia have already passed such laws). 10 or so states, including Texas, Florida, South Carolina and Alabama, are planning to file a challenge in court immediately after the law is signed by President Obama (3/23/10). Many lawyers have expressed that this provision of the law is UNCONSTITUTIONAL.
For those of you have the time, patience and inclination, here is the link to the law itself, including the reconciliation package, which must yet be taken up by the Senate.
LINK: http://conservativecamp.com/index.php?option=com_content&view=article&id=332432:read-the-health-care-bill-and-revisions-here&catid=116:adminstrator&Itemid=179
Government controlled Health Care, Cap & Trade Clean Energy, Student Loan Program, Amnesty for illegal aliens, bailouts/ownership of the financial industry, insurance companies (AIG), private industry (autos, solar energy), and other planned actions are all part of Obama's plan to socialize America! It is all about a cradle to grave Federal Government control of our lives! George Orwell was right...the year 1984 was possible, but is just now taking place. The prospects of UNDOING this bad legislation is slim to none, although attempts to do so will occur! Add the Globalization Plan contained in the UN Agenda 21, of which the IBO World Schools and curriculum is a part, and our nation is headed for a TOTALITARIAN GOVERNMENT and a SOCIALISTIC SOCIETY! The Land of the Free and Home of the Brave will never be the same...if it survives!
WE ARE THE SHEEPLE!
The "Affordable Health Care For America Act" (HR3962) IS ANYTHING BUT! In addition, it is NOT about providing better health care for Americans at all! It is all about POWER AND CONTROL!
"We are 5 days away from a TOTAL TRANSFORMATION OF THE UNITED STATES! - Barack Obama in a campaign rally speech 10/29/09.
"This bill ... as our Founders who said that all men are born with unalienable rights...including Life, Liberty and the Pursuit of Happiness...will give Americans BETTER, HEALTHIER LIVES to help them pursue their hopes and dreams IN THE PURSUIT OF HAPPINESS..." (Paraphrased) - Nancy Polosi, after the passage of the Health Care Bill, 3/21/10.
REFERENCE LINK: http://www.youtube.com/watch?v=rZt8QdD39Mc
"Congress has proven once again that the Government of the People and by the People is still working FOR the PEOPLE!" - Barack Obama, after the passage of the Health Care Bill, in the wee hours of 3/22/10.
"An overwhelming majority of Americans voted for SOCIALISM when they elected Barack Obama." - Al Sharpton on Fox News 3/22/10.
Some of the provisions of the bill include the creation of over 100 NEW GOVERNMENT BUREAUCRACIES, a multitude of NEW TAXES ($560 BILLION over 10 years), deep cuts in Medicare ($500 BILLION over 10 years), MANDATORY HEALTH CARE INSURANCE (with minimum coverage requirements dictated by the Secretary of Health & Human Services and the Health Choices Commissioner), penalties imposed on those who REFUSE TO BUY health insurance (ENFORCED BY THE IRS!), a Government takeover of the STUDENT LOAN PROGRAM (??? in a HEALTH CARE BILL????), adds MILLIONS of people to MEDICARE (adding further burdens on cash-strapped individual STATES...called UNFUNDED MANDATES), PROVISIONS THAT WILL PROVIDE GOVERNMENT PAID ABORTIONS and a plethora of other requirements and provisions
REFERENCE LINK: http://www.capmag.com/article.asp?ID=5668
Moreover, the TAXES START IMMEDIATELY (except the surcharge on "Cadillac Plans" do not take effect until 2018, to appease the Unions), but BENEFITS DO NOT START UNTIL 2014 (except for expansion of certain provisions related to children's health care). That means 10 years of TAXES for only 6 years of BENEFITS!
The bill does NOT include the restoration of payments to Doctors for Medicare Coverage [so-called "DR. FIX" - $250-300 BILLION over 10 years], due to be cut by 21% this year. Therefore, the $183 BILLION reduction in the National Debt (over 10 years) projected by the CBO, does NOT include this expense. It should be noted that MANY DOCTORS do not accept Medicare patients and EVEN MORE do not accept Medicaid patients...TODAY! That number is projected to significantly increase over the coming years.
The CBO has to make cost projections BASED SOLELY ON THE ASSUMPTIONS MADE BY CONGRESS! These assumptions given to the CBO for analysis includes a RAPID RECOVERY OF THE ECONOMY AND RECORD REVENUE over the next 10 years! Also, the $500 BILLION cuts in Medicare has been counted TWICE! On the one hand, Obama has said that it will be used to FIX MEDICARE! On the other hand, he has said that these funds will be used to cover costs related to an increase in the number of insured! The CBO projections do NOT show this, although they pointed out that you cannot count it twice...you can't have it both ways! Yet, Obama continues to make these claims. The projection of a $1.3 TRILLION savings over the second 10 years is PIE IN THE SKY (and the CBO said so), is based on super-rosy projections of the economy, assumed health care cost savings and other dubious, unsubstantiated claims. ANY claims of reductions in health care costs, and therefore insurance premiums, are unsubstantiated.
LOGIC: YOU CANNOT ADD 32 MILLION PEOPLE WITH HEALTH INSURANCE, INCREASE THE NUMBER OF PEOPLE ON MEDICAID SUBSTANTIALLY AND BAILOUT MEDICARE FREE! Moreover, NONE of the cost projections include ANY of the increased costs to STATES for increased Medicaid costs, due to the inclusion of additional people!
38 states (and counting) have pending legislation challenging the imposition by the Federal Government of mandatory health care insurance as being UNCONSTITUTIONAL (Idaho and Virginia have already passed such laws). 10 or so states, including Texas, Florida, South Carolina and Alabama, are planning to file a challenge in court immediately after the law is signed by President Obama (3/23/10). Many lawyers have expressed that this provision of the law is UNCONSTITUTIONAL.
For those of you have the time, patience and inclination, here is the link to the law itself, including the reconciliation package, which must yet be taken up by the Senate.
LINK: http://conservativecamp.com/index.php?option=com_content&view=article&id=332432:read-the-health-care-bill-and-revisions-here&catid=116:adminstrator&Itemid=179
Government controlled Health Care, Cap & Trade Clean Energy, Student Loan Program, Amnesty for illegal aliens, bailouts/ownership of the financial industry, insurance companies (AIG), private industry (autos, solar energy), and other planned actions are all part of Obama's plan to socialize America! It is all about a cradle to grave Federal Government control of our lives! George Orwell was right...the year 1984 was possible, but is just now taking place. The prospects of UNDOING this bad legislation is slim to none, although attempts to do so will occur! Add the Globalization Plan contained in the UN Agenda 21, of which the IBO World Schools and curriculum is a part, and our nation is headed for a TOTALITARIAN GOVERNMENT and a SOCIALISTIC SOCIETY! The Land of the Free and Home of the Brave will never be the same...if it survives!
WE ARE THE SHEEPLE!
Friday, March 12, 2010
STOP GOVERNMENT CONTROL NOW!
As we watch the debacle in Washington over the health care bill, what is the real issue? Why does Obama, Pellosi and Reid demand that Congress pass this giant bill NOW? What is the urgency?
First of all, what is the purpose of the 2700 page health care bill? Based on independent analysis, by various groups including the CBO, the bill will NOT reduce the cost of health care, WILL raise taxes, WILL cut Medicare by $600 BILLION, WILL reduce payments to hospitals and doctors, WILL cause increases in health care insurance premiums, WILL restrict patients' choices and WILL increase the national debt long term! This is contrary to what Obama, Pelosi and Reid claim. The White House Press Secretary merely mimics what his boss tells him to say...he is just a puppet...a pawn...in this dangerous game! Why, then, the legislation?
CONTROL! C...O...N...T...R...O...L!!!!!!!! By passing this bill, a system will be in place to eventually control EVERY aspect of our lives, well beyond health care! If the Clean Energy Bill were passed in addition, we would be at the mercy of our Federal Govenment for everything we need to survive, as well as our personal lives.
The National ID Card (regardless of what you call it) is touted as a means to insure that ILLEGAL ALIENS cannot be hired. While THAT aspect of the program is most likely true, the information contained in the chip in the card would expose our sensitive personal information to be used for other purposes, such as tracking our finances (as well as our medical history). Take heed! This is just one more step in the goal for Federal Government control over our lives!
Why the urgency? Obama is assuming that he is a one term President. He also assumes that the Democrats will lose their stranglehold on Congress this fall. He knows that if his health care bill is NOT passed before November, it is likely NEVER to pass! He is more interested in delivering his campaign promise for Universal Health Care than he is in how it affects us and the business community.
Think I am crazy? Do your research! Use the instructions on railroad grade crossing signs...STOP...LOOK...LISTEN! This is monstrosity which will be an albatross which will squeeze the life out of this country and could be the last straw in breaking the back of our financial strength by fueling inflation, further devalue the dollar (by increasing the debt) and make us all slaves to the Federal Government! There are parts of our health care system which need attention and reform. This massive takeover of the system by the Federal Government is NOT in our best interest and WILL NOT resolve issues which deserve reform in our health care system! It promises, instead, to BREAK the BEST HEALTH CARE SYSTEM in the world! NO, not NOW....not EVER!
CALL YOUR CONGRESSMEN AND SENATORS NOW AND TELL THEM TO SHUT DOWN THE OBAMA/PELOSI/REID MACHINE NOW!
First of all, what is the purpose of the 2700 page health care bill? Based on independent analysis, by various groups including the CBO, the bill will NOT reduce the cost of health care, WILL raise taxes, WILL cut Medicare by $600 BILLION, WILL reduce payments to hospitals and doctors, WILL cause increases in health care insurance premiums, WILL restrict patients' choices and WILL increase the national debt long term! This is contrary to what Obama, Pelosi and Reid claim. The White House Press Secretary merely mimics what his boss tells him to say...he is just a puppet...a pawn...in this dangerous game! Why, then, the legislation?
CONTROL! C...O...N...T...R...O...L!!!!!!!! By passing this bill, a system will be in place to eventually control EVERY aspect of our lives, well beyond health care! If the Clean Energy Bill were passed in addition, we would be at the mercy of our Federal Govenment for everything we need to survive, as well as our personal lives.
The National ID Card (regardless of what you call it) is touted as a means to insure that ILLEGAL ALIENS cannot be hired. While THAT aspect of the program is most likely true, the information contained in the chip in the card would expose our sensitive personal information to be used for other purposes, such as tracking our finances (as well as our medical history). Take heed! This is just one more step in the goal for Federal Government control over our lives!
Why the urgency? Obama is assuming that he is a one term President. He also assumes that the Democrats will lose their stranglehold on Congress this fall. He knows that if his health care bill is NOT passed before November, it is likely NEVER to pass! He is more interested in delivering his campaign promise for Universal Health Care than he is in how it affects us and the business community.
Think I am crazy? Do your research! Use the instructions on railroad grade crossing signs...STOP...LOOK...LISTEN! This is monstrosity which will be an albatross which will squeeze the life out of this country and could be the last straw in breaking the back of our financial strength by fueling inflation, further devalue the dollar (by increasing the debt) and make us all slaves to the Federal Government! There are parts of our health care system which need attention and reform. This massive takeover of the system by the Federal Government is NOT in our best interest and WILL NOT resolve issues which deserve reform in our health care system! It promises, instead, to BREAK the BEST HEALTH CARE SYSTEM in the world! NO, not NOW....not EVER!
CALL YOUR CONGRESSMEN AND SENATORS NOW AND TELL THEM TO SHUT DOWN THE OBAMA/PELOSI/REID MACHINE NOW!
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