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Santelli On IRS Witch-Hunt Repurcussions: "No Stent For You"
In a perfect follow-up to both President Obama's earlier comments and the news that a hearing is to be held ion May 17th, Rick Santelli has a few things to say. Clearly irritated at the incredible reality of big brother and government intervention, Santelli pushes his blood pressure to 11 on the dial as he comes to grip with the repercussions of the IRS actions. "Truth is power," he exclaims, "you can't assume someone is fair and honest," just because a politician says so. His bigger fears lie in the IRS administration of Obamacare where he is concerned that "No stent for you," will be heard when the powers that be know what groups you support, what thoughts you have, and what area you live in. Think he is exaggerating? Did you really believe the tin-foil hat wearers conspiracies that the IRS was doing this before it became mainstream news?
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Maria Barfaromo, is such a whoreing shill!
How could any man commit to waking up next to that 'Bush Pig' for the rest of his life?
I bet she likes it in the.....
Fartaroma!
Health care is the Achilles Heel of the US in the global economy. We spend $8,233 per capita compared to $4,338 for Germany, in the middle of the range of wealthiest OECD countries.
That means a family of four in the US pays $15,580 MORE every year over a life time (insurance, taxes, lower wages and out of pocket) than same family in Germany.
So where does all of that extra money, 18% of GDP, go? US has fewer doctors and fewer beds than the OECD average, we simply pay far more for less care. All of that excess profit ($16K per family) is flowing upward to the 1%, through investors in insurance companies, PE-owned hospital chains, Pharma as well as highly paid doctors and industry executives.
Careful now, there are people here that don't want you bad mouthing their stocks. Stick to the mantra... Obama.
"All of that excess profit ($16K per family) is flowing upward to the 1%, through investors in insurance companies, PE-owned hospital chains, Pharma as well as highly paid doctors and industry executives."
These are really not the culprits, though you are getting close when you mention the insurance companies. The problem arises from all the administrative overhead from the insurance controlled billing systems we have created. If you go into a doctors office today, you will notice that most of the people there are doing paperwork. If you look at hospital employment, you will see an explosion of administrative personnel and "health care providers" that are not licensed nurses or doctors.
My father is a retired doctor. In his day, he set the charges for services and people paid him. If they had insurance, they delt with the insurance company to get reimbursed for expenses. It was not the doctor's concern. He also did not have a lot of people tracking proceedures and expenses. As I remeber, he was in a three physician practice and they had ONE person who served as receptionist, scheduler, bill payer. At the end of the month, he either made money, or lost money, and he adjusted his fees as a result. He charged an hourly rate in 15 minute increments, and the rate covered everything he provided in his office. If you wanted more time and attention form the doctor, great, you paid for it. It did not matter how many patients he saw on any given day. It was real simple.
BTW, he knew his patients and who could pay and who could not. He often would discount his rates, but always insisted everyone pay something. I remember he had at least one old lady who would pay him 50 cents and hour. Again, what he charged his patients and what they paid was a matter strictly between himself and his patients.
All those billing clerks are getting paid $10 an hour. The docs? $280 an hour if its federal payment. It's a great deal for the docs. Oh, but there's more: If a $10 clerk upcodes treatment, who is liable in reality? Nobody. Just 'honest mistake.' Upcoding is huge.
Daytime German TV is not filled with dirtbag Lawyer commercials telling the idiot class they can call 888-GET-PAID and win big in the trial lottery... Plenty of waste to go around, just don't leave out Tort costs...
Tort costs are only a tiny part of the problem, much like earmarks are only a tiny part of the budget.
The main problems with healthcare are that there is no enforcement of antritrust laws, there's no price competition, and EMTALA requires free treatment to those who can't afford anything.
The medical profession controls the structure of medical training, keeps it much more expensive than its Swedish or German equivalent, and yet gets paid by two main sources. The first is federal taxpayers, 52%. The second is the creation of health insurance as an unntaxed benefit, not taxed to the payer, not taxed to the employee. Therefore, again, redounding as a 'tax exspediture' to the cost of the broad tax base. I should wish that were true for legal fees.
You forgot a HUGE part of the problem: Lawyers aka "non-productive parasites". They neither innovate, create, or produce, but leach off of the obfuscated system that they and the politicians have foisted upon us. So much medicine today is 'defensive' with doctors fearing for their practice if they make a mistake.
And let's stop using liberal-speak of equating health care with health insurance. Health care is provided by doctors, nurses, technicians, medical assistants. Health insurance is nothing more than a risk agregator and cost distributor. Just look at all those extremely pretty insurance company campuses that your premiums have purchased. The odds are that you could bank your premiums and tap them when you have medical problems and still come out ahead.
Oh, did someone mention lawyers...?
https://www.youtube.com/watch?v=B-fcsUP_Gog
The WSJ did an investigation of medical costs a few years ago, to determine where the huge US differential in medical costs arises. Big pharma? A small part. Insurance admin cost? A small part. Physician fees/pay? The majority of the differential. But physicians are a bright and motivated group, so every chance they have they complain about the insurance co's and the rapacious lawyers. The profession knows that the desire to earn by seeing too many patients per day leads to malpractice but, well, so what? And the average American has no idea how to drive a change in the system because every election is about gay marriage, abortion, or some other low-budget topic. Representative government doesn't work with so many issues and so few elections. We are way past needing to implement Federal Referenda. It's practically what the internet was created for.
@Cynthia 1000000 upvotes for your comment
Tea Partiers were in many cases anti tax (that is what the tea party was about after all), so the IRS should have been looking at them closely. WTF is wrong with some people.
Gee and what are you, 'PRO-tax'? Just whatever raping is ok with you?
No, he is pro-Facism and anti-freedom.
i hope a drone runs out of gas and falls on top of you.
Irwin Schiff - What government is doing to destroy us
http://www.youtube.com/watch?v=_1TCNLeUZ1U
http://paynoincometax.com/pdf/federal_mafia.pdf
Lessons learned since the Election of 2000:
1) We are fuct.
2) We The People...Uh-huh, whatever, we are fuct.
3) The Elite could give Not a Shit about anyone but themselves and we are fuct.
4) Government can, does and will continue the steady stream of lies, as MSM has now consolidated into very few hands.
5) We are still fuct...and broke, and now our "hope" of salvation via gold is being manipulated as well by the all-controlling hand of government.
6) The police state Utopia of the Elite is neigh...we are fuct. Revolution is about the only way out and that's probably not gonna happen soon (
7) Is ZH getting audited? ZH is now fuct as well.
Ron Paul NeoCON speech from 2003.
http://www.youtube.com/watch?v=RC-w0OvqpoE
Jeez, seems the safest thing to do it is go register Democrat. I don't know much about theses things--does it involve a public confession?
How do you like the INFERNAL REPRESSION SATANICAL and it’s parent the NON-FEDERAL NON-RESERVE ?
Instead of banning people, maybe we can tag our own racist posts so fellow racists can click to see.
Oooohh, maybe different colored fonts to segregate our objects of hate.
Or even better, maybe different smiley buttons to indicate our specific brand of racism:
Little smileys with Klan hats, smileys with Swastikas, smileys with crusader armor...
ZH would be better served (imo) if they concentrated on banning all the queer .gov trolls and nsa redirectors who have really bum rushed this site in the last year. And the Krugmaniacs too. All the raciss BS is easy to filter through, and only weak minded dimwits care who hates what. Oh, and also, they should ban the ping tracing script kiddied hags who seem to lord over us all and have a fetish for wet leather and other people's personal info.
I don't know how many of you knew a formerly great forum called goldismoney.info, with plenty of quality posters in favor of limited government, free markets and all the good stuff we ZHedgers like. Well, that forum expanded and one day got too large and attracted somebody's attention and they implemented a "no racism" policy. One by one, the old time posters were banned and the forum became a shadow of its former self.
An unintended consequence of all this manipulation (Obamacare etc) is that very, very soon there is going to be a surge in the numbers of people in the US who have nothing left to lose. At least a few of them won't be sitting around the homeless shelters boo-hooing. And all that Ammo stockpiled by DHS isn't going to change the outcome when this happens.
Gonna take a pretty big False Flag event to divert all the crap that is hitting the fan since Friday.
Everyone should be equipped with video recording capabilities when they go out.
Now that's a good comment.
Banning people for whatever on ZH? Fuck that I am out of here if that happens. I can figure out what is good or bad.
That same thought crossed my mind when I first read the notice over the weekend...
~~~
Then I reconsidered & said 'fuck this' [because I realized that by doing so would also declare the the ones who are responsible for this the 'de facto' winners]...
If they want to ban me... Fine ~ Find something in my comments worth banning [which don't CONFORM to your rules]... If, INSTEAD, the whole purpose of the new policy was to see how many apples they could shake off the tree, then perhaps they miscalculated...
I made a point over the weekend that it reminded me of the PAPER GOLD raid back in April... It didn't exactly produce the desired result now, did it?...
~~~
The dynamic... FOR ME... has been very revealing over the past few days... In the past, I'd make a comment which would be interpreted as 'critical' [whereby a wall of comments would flood back telling me to STFU & how it didn't 'add' anything to the discussion, or that I was just being blatantly 'OT' & such...
Now?
Well ~ a perfect example is over on the BofI thread... It's practically 'chock full' of comments, [which are effectively bait], calling F_S to chime right in on the matter... Apparently, now that there's a 'clause' in the agreement, all the 'STFU'ers' from the past CAN'T WAIT to hear what I have to say...
We knew this would happen all along. Obama and his terrorist, leftist friends love Mao and Stalin and want to emulate them.
Typical comment from a brain dead TP/Sheeple.... I'm not a fan either, but the current brand of (not!) conservatives are more of a threat than the informed left (which really does not like Obama at all).
Obama was a corporate, bankster shill... a sort of trojan horse that tricked the left. In fact... he's an elitist bankster front guy. Always delt a winning hand (from a left point of view) and playing it badly EVERY TIME. So the military industrial complex (ever heard of the warning from IKE there Mr. shepple?) can keep ringing the cash register (which the shepple just love).
Most aware folk on left (what's left of the true left) would prefer an honest conservative like Barry Goldwater or even IKE. I expect you would too Mr. dumbed down, malinformed, shepple man.
The Medical-Industrial Complex (MIC) is far larger than the Military version. It is a bit ironic that you refer to the "informed left" despite the fact that the left voted overwhelmingly for Pres. Obama. When exactly did they become 'informed'? Certainly not 'in time.'
What he is is a CIA creation from start to finish. "Informed left?" You mean like the idiots who want gun control or believe in man-made global warming?
Bushmonkey was horrific. I'llbombya is no better.
The Dummycrap/Repugnicunt thing is pretty dumb, too. I call it the occultist dialectic. Simple divide and conquer.
So I'm no fan of Bushes or Repugnicunts, for the record. Who could be? Pretty freaking stupid.
But "informed left?" Really? Thanks for the laugh.
Bias like this is wrong. All the IRS has to do is hire enough Silicon Valley computer whizzes to get up to date and then triple the audit rates targetting the cash economy and giving bigger incentives for turning people in; political profiling is just stupid, stupid, stupid!!
Ahh as sure as the sun rises in the east we can rely on MDB to trot out some old tired shoeworn quotes and statements that defend the current rotten edifice known as the State. If there is one thing that you are - its consistent
Lets face the facts -douche -the current paradigm is crumbling and the masters you -have served so long will fall with it. No matter how hard you defend it .. it is (thankfully) doomed!!!! Out of the ashes of Statism will arise the beautiful green shoots of freedom and peaceful exchange of goods and ideas... what a great day that will be!
Uh-hun. That will all happen right after my unicorn shits some skittles all over the dirt where my money tree grows, to fertilize it. Like it's ever happened before in human history?
Beautiful green shoots of freedom? The luciferian cabal is in charge, and freedom is not allowed. Whatever arises out of the ashes of this system will be more brutal and ugly than anything ever imagined. These people are not going away, and there is no stopping them.
I pity you
Congress has already exempted itself from obamacare, other exemptions will soon follow based upon political relationships. When that happens it will be as Santelli nailed it "no stent for you" or other expensive treatment especially if you are old, but also if you have voting record that the death panel does not like.