A funny thing happened while everyone was focused on the implosion of Obamacare. (Snip) In Gottlieb’s view the president is basically busing high risk applicants into a lower risk pool. Those who can will flee the neighborhood. That will leave only those who have nowhere else to go, making Obamacare the health insurance equivalent of Detroit. In the end, like Detroit, the Obamacare residue will be supported by charity and not by sustainable actuarial risk sharing. They inmates will be subsidized by the state, which always had to be the case and not by so-called “savings”. Megan McArdle writes that
Comments: The goal of the malignant statists who conceived Obamacare was to destroy the private market for medical insurance, and replace it with medical welfare paid for by young, healthy taxpayers (who also happen to be the poorest Americans). Any "insurance" scheme that includes "guaranteed issue" that can be legally bought after a patient knows he needs very expensive treatment is not insurance. It´s welfare. That´s the whole idea of Obamacare. Eighteen to twenty-nine year olds, Obama´s most solid support bloc, are going to get royally screwed. Do they realize it yet? And what will they do about it?
A nice explanation of the coming death spiral. Those of us in the insurance business call it ´adverse selection´ and it can affect every line of insurance and not just health insurance.
Sometimes a company will suffer a couple of bad years in, say. homeowners insurance. Instead of re-underwriting and selecting better risks they will institute a massive rate hike. The good risks will leave for a better deal and the company will be left with the worst risks who can´t move because of prior claims, bad credit, etc. This creates more bad years and thus more bad risks...the so-called death spiral.
News for ya- it´s now too late to repeal it. Policies have been cancled, uninsurable people are enrolling and insurance companies are forced to take them, there is at this time a spreading "non-violent" revolutionary movement- Don´t sign up! This is how the people will kill it and destroy the Democtart party that forced this on the people. It can´t be repealed now without major chaos! Insurance companies will start demanding federal subsidies, like the banks did in 2008. And, they will get them! In 2014, the Democrats will get their come-uppance. Remember the 2010 revolution? That was just on the talk of Øbamacare. This is real. And sadly, the Republicans will not be able to fix it. It´s too complex. It´s a disaster of unmitigated proportions.
Now that Americans have largely caught on that their government will lie to them to support the expansion of state power, America´s progressives are in for a rough time ahead, according to Peter Ferrara, writing at Forbes. "The second shoe is preparing to drop to shatter the world view of so-called Progressives. Coming, global revelations will demonstrate the fraud behind the theory of man-caused, catastrophic, global warming, just like the real world has shattered the falsehoods behind Obamacare. That is because the underlying reason for both frauds was the same: to expand government power. Enablers went along with the fraud in
Many commentators, most eloquently Bret Stephens at the Wall Street Journal, draw a parallel between the appeasement of Hitler at Munich in 1938 and the appeasement of Iran at Geneva. There is another, more chilling parallel: Iran’s motive for proposing to annihilate the Jewish State is the same as Hitler’s, and the world’s indifference to the prospect of another Holocaust is no different today than it was in 1938. It is the dead’s envy for the living. Dying civilizations are the most dangerous, and Iran is dying. Its total fertility rate probably stands at just 1.6 children per female, the
Paul Caron at the Taxprof describes the concept of the GUGIT, whose central idea is to “progressively” tax a person wherever he may be, whatever citizenship he might hold. (Snip) As George Will observed, “There’s no limiting principle in the principle that they’re invoking, that is majorities should rule all the time. What this means is if in the spring of 2017 there is a Republican president, which there could be, the Republicans still hold the House and they have 51 Senators, they can repeal Obamacare with 51 votes. And I’m not sure the people who did this today have
TAMPA — It took jurors less than an hour Tuesday to unanimously recommend that three-time convicted murderer Dontae Morris be executed for killing Tampa police officers Jeffrey Kocab and David Curtis. “The fact that they came back 12-0 speaks volumes about the viciousness of Dontae Morris´ crimes,” said Tampa Police Chief Jane Castor after the verdict was announced. “He didn´t just kill two police officers. He killed others in the community. If there is an instance where the death penalty is applicable, then this is it. The jury said that loud and clear.” Morris, who also was convicted in March
TAMPA — Dontae Morris could not overcome a “mountain of evidence,” including a dashboard video recording showing him kill two Tampa police officers and then running away as they lay dead or dying on the side of a road. An Orange County jury, bused in to Tampa, took four hours Friday night to convict Morris of two counts of first-degree murder and one count of escape in the killings of officers David Curtis and Jeffrey Kocab on June 29, 2010. The jurors will reconvene on Tuesday to hear evidence over whether they should recommend a death sentence for Morris, who
Middle East politics amounts to managing the decline of a failed culture. Nothing expresses Arab failure more vividly than Egypt, a banana republic without the bananas, now living on a $14 billion or so annual subsidy from Saudi Arabia and other Gulf States. With 70% of its population living in agricultural areas, it imports half its food, and would starve if not for the Saudi check. Egypt is beyond the point of no return economically, and American foreign policy is beyond the point of no return intellectually. Americans of both parties–Obama and Kerry on one side, and Sens. McCain and
The New York Times has an interesting article on treating “gun violence” as a disease. It describes the work of Gary Slutkin who “came to the view that gun violence in poor neighborhoods did indeed resemble the epidemics he had treated in Africa”. (Snip) Slutkin’s treatment apparently rests on the idea that shootings are an African-American cultural problem and by finding “disease carriers” and treating them, crime could be reduced. Slutkin’s heart must be pure, or else his whole program would be condemned by the NYT as an exercise in racial profiling and forced re-education. Rebranding works wonders. Shakespeare was
“Using statistics,” my teacher used to say, “is like driving a car down a road with the windshield blacked out, guided only by your rear-view mirror.” The notion of the future as a probability is at the heart of the Washington Post‘s survey of natural disasters. Typhoon Haiyan was not unique. It was individually unpredictable, but it was statistically just what one would have expected: “33 of the 35 deadliest tropical cyclones on record have occurred in southern or southeastern Asia – due to a confluence of meteorology, geography, population density, poverty and government. The deadliest tropical cyclone in recorded
The art world was abuzz Tuesday night when an auction of contemporary and postwar works at Christie´s New York netted a total of roughly $692 million. Of course, to Major League Baseball´s brass, this figure represents a quiet off-season of spending. The biggest sale of the night was a Francis Bacon triptych called "Three Studies in Lucian Freud" that went for a record $142.4 million. If the unidentified buyer had been more interested in speedy outfielders than bleak expressionism, he or she could have used that money to hire the services of Dodger Carl Crawford for seven years. Another buyer
There is one kind of bumper sticker I see almost daily here in my small Midwestern town: a small oval printed with "26.2" or "13.1." In case you´re lucky enough not to know what these numbers represent, let me explain: They indicate that the driver or someone in the car has run a marathon (26.2 miles) or a half-marathon (13.1 miles). There is only one reason running aficionados display the stickers. They want the rest of us to know about their long-distance feats. So let me be the first to offer my hearty congratulations. I´d even offer to give them
PASCO COUNTY, Fla. -- Deputies with the Pasco Sheriff´s Office arrested Charles T. "Chuck" Barry, on one count of false impersonation of a law enforcement officer and improper exhibition of a firearm. Deputies said Barry drove through the Dunkin Donut Drive Thru at 10829 State Road 54 in Trinity on November 6. Deputies said Barry displayed a law enforcement sheriff star badge and identified himself as law enforcement and requested a discount on his order of donuts. When he was refused a discount, deputies said Barry held up a firearm which was still in a holster and stated, "See I
It’s sad that Maverick’s taking this idea just seriously enough that he’d think to mention it to another human being. He’s 77 years old, ran a famously chaotic campaign in 2008 before getting crushed on election day, and would face a much stronger, younger field in the primaries than he did last time. That he forced me just now to devote even half a second of thought to how he might stack up against the 2016 contenders is frankly embarrassing, and something for which I’ll never forgive him. It’s like watching a 60-year-old pitcher announce that he’s thinking of coming
Rush Limbaugh and Sarah Palin are starting to sour on the new pope. In response to Pope Francis’ first Apostolic Exhortation, in which the pontiff denounced “trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world,” these two paragons of the far right – both of whom regularly invoke the teachings of Jesus to bolster their own political views – have suddenly turned their backs on the man whose actual job description is to speak for Jesus. Sarah Palin complained that Pope Francis sounded “kind
President Obama requested Israeli Prime Minister Benjamin Netanyahu take a “breather” from his harsh criticism of the U.S. strategy regarding Iran during a call betwee the two leaders, The Washington Post reported on Thursday. The request came as the administration girds up for a push in the next six months to reach a final settlement on Iran´s nuclear program. The president reportedly urged Netanyahu to tone down his rhetoric for the sake of diplomacy and urged him to dispatch officials to Washington who could help negotiate a resolution agreeable to both countries. The president called Netanyahu last Sunday, promising to
In 1947, Sen. Harley Kilgore (D-W.Va.) condemned a proposed constitutional amendment that would restrict presidents to two terms. “The executive’s effectiveness will be seriously impaired,” Kilgore argued on the Senate floor, “ as no one will obey and respect him if he knows that the executive cannot run again.” I’ve been thinking about Kilgore’s comments as I watch President Obama, whose approval rating has dipped to 37?percent in CBS News polling — the lowest ever for him — during the troubled rollout of his health-care reform. Many of Obama’s fellow Democrats have distanced themselves from the reform and from the president.
Cher told her fans on Wednesday that she does not celebrate Thanksgiving. In fact, she appears to deplore the American holiday, calling in the “beginning of a great crime.” Cher said that the American settlers were guilty of taking land from native Americans who had no concept of property ownership and also intentionally infected them with smallpox. “You don’t celebrate the holiday I thought?” a fan asked Cher. “I DON’T,” Cher replied emphatically. She said that, to her, Thanksgiving is a day to see family, eat food together and watch a movie. “Not 2 celebrate the beginning of a GREAT Crime.” When asked
For all the gnashing of teeth over the lack of comity and civility in Washington, the real problem is not etiquette but the breakdown of political norms, legislative and constitutional. Such as the one just spectacularly blown up in the Senate. To get three judges onto a coveted circuit court, frustrated Democrats abolished the filibuster for executive appointments and (non-Supreme Court) judicial nominations. The problem is not the change itself. It’s fine that a president staffing his administration should need 51 votes rather than 60. Doing so for judicial appointments, which are for life, is a bit dicier. Nonetheless, for
Four more years. 10 trillion more dollars in debt. And by the end of it, we’ll have a nuclear war in the Middle East and mandates forcing you to buy everything from electric cars to Michelle Obama’s trademark Soy and Asphalt pie. The motives behind the Washington Post op-ed argument are… revealing. I watch President Obama, whose approval rating has dipped to 37?percent in CBS News polling — the lowest ever for him — during the troubled rollout of his health-care reform. Many of Obama’s fellow Democrats have distanced themselves from the reform and from the president. Even former president Bill Clinton
President Obama's weekly remarks: Hi, everybody. On behalf of all the Obamas — Michelle, Malia, Sasha, Bo, and the newest member of our family, Sunny — I want to wish you a happy and healthy Thanksgiving. We’ll be spending today just like many of you — sitting down with family and friends to eat some good food, tell stories, watch a little football and. most importantly, count our blessings. And as Americans, we have so much to be thankful for.
For Kentucky Sen. Mitch McConnell, enough was enough. The Senate´s top Republican had watched a Tea Party-driven government shutdown sink the GOP´s already-weak brand and jeopardize McConnell´s own chances of ever becoming majority leader. The solution, he concluded, was that the party´s so-called Establishment had to start fighting back against its most conservative wing. McConnell, an ardent Obamacare opponent, and other Republican pragmatists in Congress, supported the conservatives´ mission to defund Obamacare during budget negotiations, which led to the 16-day shutdown. But the pragmatists also accepted that their odds of success were virtually nil. Democrats ruled the Senate and White House, those
LEE COUNTY - The Lee County Sheriff´s Office has arrested a juvenile in connection with two random attacks reported in Lee County. Traveshia Blanks, of Fort Myers, is charged with two counts of battery on a person 65 years of age or older. On Tuesday around 3:50 p.m., deputies responded to a report of a group of people who randomly attacked an unsuspecting victim (Snip)We talked to students from nearby Cypress Lake High School who didn´t seem to think the teens did anything wrong. "I´m not gonna say it´s not right and it´s not fun, because it is fun," said
One day after a new poll showed that only a minority of Americans trust President Barack Obama, the president told an audience that his policies are based on kindness. “Kindness covers all of my political beliefs,” Obama told his audience of wealthy investors, high-tech donors, journalists and fellow Democrats Tuesday, only two months after he slashed at GOP legislators, calling them arsonists, nuclear blackmailers, economic wreckers, hostage-takers, obsessives and irresponsible extremists. “When I think about what I’m fighting for, what gets me up every single day, [kindness] captures it just about as much as anything,” he told his audience at the DreamWorks
Progressive talk radio needs a savior. Just a few dozen stations now carry liberal talkers, as key affiliates in cities with active left-wing politics are falling like dominoes, going dark or switching formats. Detroit’s progressive outlet shut down in January, along with Seattle’s liberal talk station, which changed to sports. And after last year’s election, Portland’s progressive talk station ended its political programming. With the political battlegrounds of 2014 and 2016 on the horizon, reducing the whopping imbalance between conservative radio, with its huge fan base, and the left has become more important than ever, according to those in
When 200 of CGI Federal´s top managers gathered at the luxurious Nemacolin Woodlands Resort in southwestern Pennsylvania on a brisk day in early November 2009, they found time for business - and high jinks. CGI Federal and its parent company, CGI, do behind-the-scenes work, often with "Top Secret" clearance, for hundreds of American and foreign government agencies - from the U.S. Nuclear Regulatory Commission and State Department to the Kyrgyzstan Border Service and World Anti-Doping Agency. But the questions swirling around the company go beyond how it mangled the showpiece reform of Obama´s presidency. Some investors and analysts are expressing concerns