Obamacare

Tyler Durden's picture

Peter Schiff Blasts "The Website Is Fixable, Obamacare Isn't!"





Since Obamacare made its debut, discussions have focused on Ted Cruz' efforts to defund the law and the shockingly bad functionality of the Website itself. Fortunately for Obama, polling indicates that Senator Cruz has lost, at least for now, the battle for hearts and minds. The President has not been nearly so lucky on the technological front. If current trends continue, the rollout may go down as the worst major product launch in history. But given the government's enormous resources, it's safe to say that the site itself will ultimately be fixed. But when it is finally up and running, the plan's many deeper, and more intractable, flaws will come into focus. That's when the fun will really begin.

 
williambanzai7's picture

AMeRiCaN DeCePTioNaLiSM...





Demonstrated concisely with four pictures...

 
Tyler Durden's picture

Guest Post: System Reset 2014-2015





Resets occur when the price of everything that has been repressed, manipulated or obscured is repriced. The greater the manipulation and financial repression, the more violent the reset. What been manipulated, obscured or repressed? Virtually everything: risk, credit, assets, labor, currency, you name it. Everything that has been manipulated by central banks and central states will be repriced. Trust is difficult to price. Every reset erodes trust in the capacity of the centralized status quo to manipulate/repress price to its liking. Once trust in the system is lost, it cannot be purchased at any cost.

 
Tyler Durden's picture

Administration Updates House On Obamacare Enrollment - Live Webcast





The House Ways & Means Committee holds a hearing to receive testimony from Marilyn Tavenner, Administrator of the Centers for Medicare & Medicaid Services (CMS) at the U.S. Department of Health and Human Services (HHS). Grab your popcorn, nom nom nom

*TAVENNER REFUSES TO TELL COMMITTEE ENROLLMENT DATA ON OBAMACARE
*TAVENNER SAYS ENROLLMENT DATA WILL BE RELEASED MID NOVEMBER

 

 
Tyler Durden's picture

Obama Knew Most Americans Would Not Be Able To Keep Their Existing Insurance Under Obamacare As Early As 2010





The news keeps going from worse to worse-er for the administration and Obamacare. The latest hit, however, does not revolve around the dysfunctional healthcare.gov website, whose hundreds of millions of lines of faulty code will take a very long time to fix, but relates to Obama's promises that individuals would be able to keep their existing healthcare plans following the rollout of the Affordable Care Act. The truth, as NBC reports, is they can't but what's worse is that Obama knew as early as July 2010 that 40 to 67 percent of customers will not be able to keep their policy. And that's not all: since the 14 millions consumers who buy their insurance individually will be forced into comparable plans, they are all set to experience a "sticker shock" when "opting" for the mandatory alternatives.

 
Pivotfarm's picture

Financial Markets: Negating the Laws of Gravity





Usually what goes up normally ends up coming back down to Earth with a damn great thud. Well, that was long ago with good old Isaac Newton and the apple story.

 
Tyler Durden's picture

"Obama Built That" - Behold Obamacare In All Its Lines Of Code Glory





"Obama built that"...  And now good luck tearing it down and its several hundred million lines of code, and rebuilding it from scratch.

 
Tyler Durden's picture

Guest Post: Culture Of Ignorance - Part I





The kabuki theater that passes for governance in Washington D.C. reveals the profound level of ignorance shrouding this Empire of Debt in its prolonged death throes. Ignorance of facts; ignorance of math; ignorance of history; ignorance of reality; and ignorance of how ignorant we’ve become as a nation, have set us up for an epic fall. It’s almost as if we relish wallowing in our ignorance like a fat lazy sow in a mud hole. The lords of the manor are able to retain their power, control and huge ill-gotten riches because the government educated serfs are too ignorant to recognize the self-evident contradictions in the propaganda they are inundated with by state controlled media on a daily basis.

 
Tyler Durden's picture

Monday Humor: GOP Launches Obamacare Bumper Sticker





The National Republican Senatorial Committee has laucnhed a bumper sticker campaign to "remind Americans of the same error messge they are seeing each day when trying to log on to Healthcare.gov."

 
Tyler Durden's picture

Guest Post: Two Forces And Three Bears





In these climax years of industrial technocratic society, two opposing forces shape the destiny of government: the desperate effort to control everything versus the decline of the ability to carry out that effort. The result will be the loss of legitimacy and the collapse of government from the highest levels, moving downward until the real power to make anything work re-sets at a feasible and appropriate level — probably very local. This dynamic is seen very clearly in three spectacles du jour: the “national security” (spying) mess, government-sponsored accounting fraud in finance, and the ObamaCare rollout.

 
Tyler Durden's picture

Critical Obamacare Data Center Crashes On Sunday





If Churchill were alive today, he would probably characterize the rollout of Obamacare as a humiliation, wrapped in an embarrassment, inside a mockery-punching bag injury. And overnight, in addition to all the other well-known gremlins that have plagued America's socialized healthcare from Day 1, insult was added injury, following a Reuters report that a "data center critical for allowing uninsured Americans to buy health coverage under President Barack Obama's healthcare law went down on Sunday, halting online enrollment for all 50 states." In other words, on top of and in addition to all the other bad coding and website processing issues that have been exposed and promptly scapegoated on other (you see Obama knew all about the successes, but nothing about the failures of Obamacare), now the internet itself is starting to glitch up. Which is hardly surprising considering Al Gore's involvement in the latter.

 
Tyler Durden's picture

Hitler Finds Out About The Obamacare Exchange Problems





"...There's only one thing left to do now, gentlemen... Let's find a way to blame Bush."

 
Tyler Durden's picture

Obama Is Shocked, Shocked To Learn Everyone's Phone Was Bugged





Most recently, it was the horrific rollout of Obamacare which as we observed earlier in the week, was all "someone else's fault" but certainly not the government's. Now, as the Snowden whistleblowing scandal has found its third (or fourth) wind courtesy of a furious international response following revelations that Obama was listening in to Merkel and at least 34 other world leaders', it is time for perhaps the most stunning revelation of all: you see, Obama is shocked, shocked to learn that cell phone spying - of virtually everyone on the planet - is going on in here.

 
Tyler Durden's picture

Guest Post: The Plan Is Not Working





You didn’t want to be the guy chosen to tell Stalin that the wheat crop failed or the production quotas on trucks and cars were not met. Why? Because despots always blame people, not systems. In the same way, you don’t want to be the guy chosen to tell Obama that his health care websites are a disaster. But that’s what they are, and he’s managed to blame everyone but himself. The problem is that government is not the best means to do anything well. The problem is the absence of two crucial things: the knowledge to assemble the resources properly and the means to make the economic assessment of the value of competitive resources.

 

 
Tyler Durden's picture

Legal Glitch "Has The Potential To Sink Obamacare"





As if the technological problems facing Obamacare were not enough, a potentially major "legal glitch" could cause the healthcare law to unravel in 36 states. As the LA Times reports, The Affordable Care Act proposes to make health insurance affordable to millions of low-income Americans by offering them tax credits to help cover the cost. To receive the credit, the law twice says they must buy insurance "through an exchange established by the state." But 36 states have decided against opening exchanges for now. Critics of the law have seized on the glitch. They have filed four lawsuits that urge judges to rule the Obama administration must abide by the strict wording of the law, even if doing so dismantles it in nearly two-thirds of the states. And the Obama administration has no hope of repairing the glitch by legislation as long as the Republicans control the House..."This has the potential to sink Obamacare. It could make the current website problems seem minor by comparison," noted on policy expert.

 
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