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David Stockman Fears Intense Resentment Over "Disaster" That Is Obamacare

Tyler Durden's picture




 

"Obamacare is a disaster," is the jumping-off point for David Stockman's latest tirade against the "greatest expansion to the welfare state in the last 80 years," that was rammed through congress on a totally partisan vote. In this brief Bloomberg TV clip, Stockman "understands why the Republicans are willing to hold up government if they have to," as there is growing intensity of partisanship and resentment that can only bode ill for debt ceiling discussions... "The Republicans have to take a stand."

 


 

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Tue, 10/01/2013 - 14:45 | 4010849 carbonmutant
carbonmutant's picture

The basic problem with Obamacare is that nobody read the bill before they voted on it.

Tue, 10/01/2013 - 14:50 | 4010873 Enslavethechild...
EnslavethechildrenforBen's picture

Actually the problem is that it violates the Bill of Rights and the Constitution.

Tue, 10/01/2013 - 15:04 | 4010959 Skateboarder
Skateboarder's picture

Bill of Rights? So that's a guy named Bill who gets stuff right all the time... right? Constitution? Is that like the opposite of prostitution?

Tue, 10/01/2013 - 15:12 | 4010996 SheepDog-One
SheepDog-One's picture

Actual whores are far more honest than any of these politician asspuppets.

Tue, 10/01/2013 - 14:54 | 4010900 Charles Nelson ...
Charles Nelson Reilly's picture

yeah, that could kinda be an issue, sort of?!?

Tue, 10/01/2013 - 15:26 | 4011070 Bastiat
Bastiat's picture

. . . but Pelosi said you have to pass it first, then you can read it.

Tue, 10/01/2013 - 16:40 | 4011465 tsuki
tsuki's picture

Or since. 

Tue, 10/01/2013 - 14:46 | 4010854 crakinshot
crakinshot's picture

... but what does Liesman think? Thats the important thing, given he is a projection of the will of god

 

Tue, 10/01/2013 - 14:52 | 4010884 Dr. No
Dr. No's picture

"This shutdown is a knee-jerk reaction.  Look at the market, it is up.  The market is telling us something.  Stawks have huge upside potential even with this shutdown.  Look at gold, its getting slaughtered.  What does that telll you about the illusioin of saftey?"

 

more or less.

Tue, 10/01/2013 - 15:21 | 4011039 crakinshot
crakinshot's picture

That is fucking perfect... the message from god is: "Gold is not safe" praise the lord (rothchild).

Tue, 10/01/2013 - 14:45 | 4010856 kralizec
kralizec's picture

Resentment should lead to spine, spine should lead to shutdown, shutdown should not end until Obama & Dem's give in...

But they won't, and once again the Pubbies will fold, fucking up is their style...

Tue, 10/01/2013 - 14:47 | 4010862 SheepDog-One
SheepDog-One's picture

They'll all do exactly as their central bankster overlords tell them to do!

Tue, 10/01/2013 - 16:38 | 4011457 tsuki
tsuki's picture

Exactly. 

Tue, 10/01/2013 - 14:49 | 4010864 forrestdweller
forrestdweller's picture

i do not understand this. the american health care system is incredibly expensive and very inneficient. americans pay most mony per person on health care, and at the same time the system is unfair. 40 million american do not have acces to adequate health care, only the rich can afford good care. the money americans pay does not go to health care, but goed to the medical professionals and managers earning millions. the system is corrupt and corporatistic.

why would you be against a system based on collectivism that is able to provide good health care for everybody for a normal price?

Tue, 10/01/2013 - 14:50 | 4010876 moonman
moonman's picture

<sarc>?????

Tue, 10/01/2013 - 14:53 | 4010885 NotApplicable
NotApplicable's picture

... can't ... type ... laughing ... too ... hard ...

Tue, 10/01/2013 - 14:55 | 4010895 SheepDog-One
SheepDog-One's picture

O.o

Tue, 10/01/2013 - 14:57 | 4010907 SilverIsKing
SilverIsKing's picture

<stupid>???

Tue, 10/01/2013 - 15:03 | 4010931 Widowmaker
Widowmaker's picture

Because nigger care only assures the status-quo and rewards the very reason health care is so expensive -- INSURANCE.  A boon to insurance is EXACTLY what this is about; propping up the FIRE economy dripping with fraud.

Fascism loves fellatio, and demokrats love licking balls.

Tue, 10/01/2013 - 15:06 | 4010964 RafterManFMJ
RafterManFMJ's picture

Awesome - I see what you did there. A problem with progressives is they think their clients can ape the success of others if only they get free care, HUD payments to live in better neighborhoods, fake credentials via affirmative action and hiring preferences, etc.

It's sad, criminal, evil and funny at the same time. Kick back and enjoy the decline.

Tue, 10/01/2013 - 15:05 | 4010955 RacerX
RacerX's picture

MillionDollarForestDweller? Is that you?

Tue, 10/01/2013 - 16:16 | 4011356 CaptainObvious
CaptainObvious's picture

"why would you be against a system based on collectivism that is able to provide good health care for everybody for a normal price?"

You want a list, douchewad?  I'll give you a list.

1) Public education is free for all, and it is obviously flawed, as your post amply demonstrates.  What in hell's name makes you think the gubmint can do better with health care?  Bad education merely makes you look like an asshole.  Bad health care kills you.

2) We have seen what a system based on collectivism provides in terms of health care.  For reference, plug "Great Britain" and "Canada" into the search engine of your choice, which had better not be fucking Google.  Wait lists to see doctors for emergency care.  People being left to die because they can't get care, or worse, because they are too old to be important enough to receive care.  Out-of-control costs. Shortages of trained medical professionals, resulting in the importation of foreign trained medical professionals who went to Ufuckistan Medical College and Tire Rotation Shop.  You must be getting the idea by now.

3) It is not my responsibility to fund health care for others, and I really dislike being forced at gunpoint to do so.  I especially dislike being forced at gunpoint to fund health care for a bunch of morons who drank themselves into cirrhosis, ate themselves to heart attacks and diabetes, broke 90% of their bones doing some insane extreme sport for their own pleasure, or burned up their assholes while trying to light farts.  I'm a smoker, and I will choose to die from whatever disease that causes in my body.  I will not make the rest of you pay for my bad choice.  I accept responsibility for my own mistakes...why shouldn't everybody else?

4) The gubmint is already more broke than a two dollar whore.  Where the hell do you imagine we're getting the money to fund this clusterfuck of an entitlement program?  There's only two places to get it:  the Fed or the people.  The people are running out of money; they'll run out of money even faster thanks to this legislation.  The Fed can print more any time, which devalues the money in your pocket.  Neither option is sane or realistic.

5) The law requires gross invasions of our privacy.  The personal financial and medical information of anyone who signs up through an exchange will be compromised.  WILL be.  There is no such thing as internet security.  People will have identities stolen.  People will have their personal health problems plastered across some Facefuck wall. 

6) There will be unelected bureaucrat control of your personal health decisions.  Some fat-assed tightwad in HHS will decide that you're too old to keep alive and deny you care.  Some insurance agent will declare your medical procedure to have been undertaken out of network and deny payment.  It's yet another personal freedom being yanked out of our grasp.  It used to be, you went to see the doctor, he told you what his rate was, and you decided if the service was worth the payment.  Now, a fucking committee has to decide that for you.

7) Your basic assumption is grossly flawed:  that the health care provided will be "good".  When you have to wait six weeks to see a doctor for a busted knee, that is not good health care.  When you need morphine for your cancer and they give you aspirin, that is not good health care. 

8) Anytime you add another layer of administration on top of something, it always costs more.  Health care used to be affordable, then everyone jumped on the get-insurance wagon.  Now we're adding a layer of government oversight on top of that, and those people will require salaries and benefits, which get added to the cost of your medical bill.

Tue, 10/01/2013 - 14:49 | 4010866 Surging Chaos
Surging Chaos's picture

If you think about it, Medicare is largely responsible for why we got Obamacare. Healthcare costs started soaring shortly after Medicare was created due to the artificial demand created by government subsidized health insurance. As healthcare costs kept spiraling out of control, people cried out for the state to do something about healthcare costs. Of course the statist solution to the government distorting the market is even more government intervention, so we got things like Medicare Part D and ultimately Obamacare. Or as I like to call it, "Super-Medicare".

Tue, 10/01/2013 - 14:49 | 4010867 Purple headed w...
Purple headed warrior's picture

Obama care is a disaster, But stockman is totally wrong on tax cuts, if he not aware of the Laffer curve or history?

Coolidge brought in the biggest tax cuts in history, not only did they run a surplus, they paid off 1/4 of the national debt, similarly Reagan gave the greatest economic expansion of the history of the world.

Tue, 10/01/2013 - 14:54 | 4010898 NotApplicable
NotApplicable's picture

By the time Reagan's turn came, the currency had already been irrevocably destroyed. All his expansion did was to consume the future (of which we are nearly out of).

Cal at least had relatively sound money to rely upon, as the Fed was just getting it's feet wet.

Tue, 10/01/2013 - 14:52 | 4010881 Jack Burton
Jack Burton's picture

Agreed that this health care reform is a disaster. But for reasons different than conventional republican talking points. It IS a total disaster and an open assault on our freedom and our incomes. Because!? Because it was written by the Health Insurance industry for the Health Insurance industry to create a captive American public with the aid of the fascist Obama adminitration. When corporations write the laws and government enforces the corporate laws upon an innocent public, well, that is a definition of fascism, isn't it?

Health Insurance has a built in profit margine that exceeds all other economic activity. It adds zero valure to the economy. It creats a vast class of administrators designed to squeeze profit from the system, to short change doctors and patients as much as humnaly possible in aid of their bottom lines. Their paperwork is designed to steal from both patients and doctors, while making their theft so complicated that no man or lawyer can understand the fraud and open theft built into premiums and coverage. While only half the problem, these private insurance companies are parasites on our health, their profits are taken from your health care and from your doctors pocket. They value added can be calculated as zero. They have bribed Obama and the liars and crooks in congress to impose a fascist law demanding YOU pay THEM masses of money for horse shit coverage. Hundreds of different companies are engaged in theft and lies, fraud and abuse. Their criminal actions are sanctioned by law now. Obama's gangs of uniformed highly paid underworked thugs in blue uniforms will kick you door in and taze you if you don't buy private overpriced health insurance from gangs of criminal thugs calling themselves Health Insurance Companies.

This is part of the rise of fascism for the average people. The Communist nature of government comes into play in it's guarantee of the investor and speculator classes' profits, the banks bottom lines and all the incomes for people in the elite. They have what the Communist Chinese called "The Iron Rice Bowl". A bowl that can not be broken, and in America, the Federal Reserve sees to it that the Iron Rice Bowls of the elites are always filled to overflowing. I suggest a look into the Federal Reserve money printing, ZIRP policy and blatent open market manipulation designed to give free money to the elites and banks, and to manipulate their equity share prices upwards in a communist controlled fake market. The transfer of wealth is in the figures, it is proven that all wealth is now going to the top, and wealth creation that there is goes to them, the workers and small business people are in free fall. Obama is the worst president since Bush. Both are evil. Obama care is part of the vast fraud and theft corporate America has purchased via bribes from congress and the mad warmonger in the oval office. Where is your Syrian war Obama? Did Putin kick you in the balls? By now Americans were supposed to be distracted by a full on Middle Eastern war, while the dirty work of stealing all wealth from the bottom 90% continued behind the media lie machine.

America has sunk to a new low. There is no help coming. Foot Ball season is upon us, the American people don't give a shit, even the homeless can find a TV to watch their team.

Tue, 10/01/2013 - 14:57 | 4010904 NotApplicable
NotApplicable's picture

Long story short: we're living in the Matrix as an energy source to be consumed.

Tue, 10/01/2013 - 15:02 | 4010950 Spastica Rex
Spastica Rex's picture

You should have seen the dudes crowded around the giant screen at my Costco last week. My 17 year old son broke through the phalanx and changed the channel. I feared for his life - and laughed like hell. He shouted, "I just wanna buy one of these! I need to test it out!"

Tue, 10/01/2013 - 15:21 | 4011046 QQQBall
QQQBall's picture

The carts are too big at CostCo. Not to mention the shoppers - you can get nauled over an ice cream sample. 

Tue, 10/01/2013 - 15:04 | 4010953 BlackChicken
BlackChicken's picture

Hey Jack.

Man you're really on a roll...

Tue, 10/01/2013 - 16:22 | 4011376 sgorem
sgorem's picture

FUCKING BRAVO JACK!! +1,000,000! FINALLY, SOMEONE POSTS THE WHOLE TRUTH, AND NOTHING BUT THE FUCKING TRUTH! READ IT AND WEEP SHEEPLE.

Tue, 10/01/2013 - 16:34 | 4011424 smartstrike
smartstrike's picture

I agree with your assessment if it were true. The reason why Republicans oppose Obama care so vehemently is because it sets another large social program on scale larger than Medicaid.

The Republican thinking goes like this: the poor will get FREE or highly subsidized Health care, but their voters(not bottom 47%) will see higher prices.

So this is good for Democrats and bad for Republicans.

Tue, 10/01/2013 - 16:39 | 4011464 The Wedge
The Wedge's picture

"Because it was written by the Health Insurance industry for the Health Insurance industry to create a captive American public with the aid of the fascist Obama adminitration".

Just not true.

And as for insurance companies not adding value to the economy, this idea is just plain wrong. Good for you if you can self insure but most of us can't and therefore like and understand the reason for indemnification. If those evil insurance companies are not to your liking don't worry, because the gubmint' gonna be insuring you very soon.

Actually, the ACA was not written by insurance companies. It's been written and shelved for many years and the version that the Apollo Group and other leftist organizations spit out is what we have. It was gutted essentially in the reconciliation process and re-packed with basically the same law but with all the deals and horse trading included. The ACA is a giant entitlement program that will funnel everyone into the gov exchange eventually away from insurance companies.

So why would insurance companies write a law that will put them out of business?

Tue, 10/01/2013 - 17:46 | 4011724 WillyGroper
WillyGroper's picture

-100

Downed ya. Who is going to administer .gov? Why did CONgress exclude themselves? 

It's kinda like insuring your house in tornado alley. If they incur losses, the thieves shut down & move out until they need the cash flow. Then they're back like termites.

Tue, 10/01/2013 - 18:31 | 4011859 object_orient
object_orient's picture

 "So why would insurance companies write a law that will put them out of business?"

They wouldn't. And didn't. Despite your assertion, health insurance lobbyists were instrumental in writing the bill. They will all profit handsomely.

Wed, 10/02/2013 - 08:23 | 4013305 Abaco
Abaco's picture

Obamacare and the employer paid health care payment plans have nothing to do with insurance. The "insurance" companies make out like bandits because they aren't spreading risk, they have bribed their way into a position where they get to skim off the top of every health related transaction that everyone is forced into paying. You don't insure against going for an annual physical.

Tue, 10/01/2013 - 20:14 | 4012205 FreeNewEnergy
FreeNewEnergy's picture

Thank you, Jack Burton, for making my day. Yours is the most concise, relevant comment I've seen in years. Bravo. A million up-votes with flowers and kisses from nymphs and fairies (the nice kind, a la fairy tales).

Good on you and, as we say in Sicily, "Salute a cent’anno"

Tue, 10/01/2013 - 14:53 | 4010889 Enslavethechild...
EnslavethechildrenforBen's picture

My copy of the Bill of Rights just spontaneously combusted before my eyes. Now there's a bill for ten thousand dollars lying there saying I now have Obamacare. Cocksuckers.

Tue, 10/01/2013 - 14:55 | 4010893 RafterManFMJ
RafterManFMJ's picture

D'you wear a black armband
When they shot the man
Who said "peace could last forever"
And in my first memories
They shot Kennedy
I went numb when I learned to see
So I never fell for Afghanistan...

Tue, 10/01/2013 - 14:58 | 4010924 moonman
moonman's picture

Civil War

Tue, 10/01/2013 - 23:19 | 4012844 Kobe Beef
Kobe Beef's picture

It's coming

Tue, 10/01/2013 - 14:54 | 4010896 lolmao500
lolmao500's picture

Veterans just took down the barriers to a WW2 monument in DC... at least the guy of security in charge wasn't stupid enough to arrest them. Too bad, it might have started the revolution...

Tue, 10/01/2013 - 15:33 | 4011100 Bastiat
Bastiat's picture

Surprised they weren't tasered and beat to a pulp.

Tue, 10/01/2013 - 16:04 | 4011284 Serfs_Up
Serfs_Up's picture

Fitting that Octogenarians start an October Riot

Tue, 10/01/2013 - 16:04 | 4011285 earnyermoney
earnyermoney's picture

I was laughing at the photo's in the NY Times. A piece of yellow crime scene tape is going to keep people from walking up the steps the the memorials.

 

Or that "Road Closed" sign in the middle of the road. LOL. Stops on the tour buses. Get off yer arse and walk or bike to the monuments.

Tue, 10/01/2013 - 14:58 | 4010921 Psquared
Psquared's picture

Adequate healthcare is a fundamental human right.

Tue, 10/01/2013 - 15:15 | 4011006 Reader1
Reader1's picture

Nope.  You have the right to engage in free commerce with someone to purchase medical care, but you can't enslave them to your needs and not pay.

Find the guaranteed medical care in the Constitution-it ain't there.

If it is a right, then the next time you don't get what you want, sue them for violating your rights.  Demand what's yours and see what happens when you try to exercise your rights...  There's no There there.

Tue, 10/01/2013 - 15:18 | 4011031 Tenshin Headache
Tenshin Headache's picture

Define adequate.

Tue, 10/01/2013 - 15:23 | 4011052 Purple headed w...
Purple headed warrior's picture

That's just horse shit, where do the made up 'rights' come from. Socialist ideology only.

Tue, 10/01/2013 - 15:37 | 4011126 Bastiat
Bastiat's picture

Oh really?  At whose expense? 

 

 

Tue, 10/01/2013 - 15:42 | 4011128 Pure Evil
Pure Evil's picture

Of course it is.

Now lets see if we can find that etched in stone somewhere, anywhere in the universe.

And, if health care is a fundamental right, then why not living in 36,000 sq ft mansions, or $500 Million a year or more salaries, or trips to the moon, or my own bridge to nowhere, or my own syndicated TV show with millions of adoring fans, or be allowed to live for millions and millions of years, or just about anything I want.

We all deserve everything free, paid for by the government, because we're special and ...

   "... just because its our fundamental human right!"

 

So, it kinda makes one wonder if this troll is an HHS paid agent, or its just posting propaganda for free.

Tue, 10/01/2013 - 16:08 | 4011310 Serfs_Up
Serfs_Up's picture

so is taking a shit that splashes on my ass but i wouldn't force the splash on anyone

Tue, 10/01/2013 - 16:14 | 4011334 The Wedge
The Wedge's picture

"Adequate healthcare is a fundamental human right".

No.

It's a responsibility. A personal responsibility. Your responsibility for your well being. Indigent? Disabled? No problem, there is help available but you are still responsible for your health care.

 

Tue, 10/01/2013 - 16:51 | 4011517 syntaxterror
syntaxterror's picture

free-shit-army.com is the site you thought you were signed into. Try again.

Tue, 10/01/2013 - 17:56 | 4011758 WillyGroper
WillyGroper's picture

As is free will.

Tue, 10/01/2013 - 15:01 | 4010939 mark mchugh
mark mchugh's picture

I can't comment on Obamacare, but this I know: Directly or indirectly, the US government has been paying more than half of all US medical expenses for many, many years, so please, let's not pretend this is private industry.

 

Tue, 10/01/2013 - 15:55 | 4011212 Pure Evil
Pure Evil's picture

And, the government will continue paying half or more through credits and subsidies for all the people that sign up on the exchanges but don't have the income to pay the premiums.

Its a boon to all the part-timers. They sign up for the golden plan and get tax credits and subsidies that covers 90% of their premium.

Once the zombies figure this out the Republitards are dead.

And, it also provides the fig leaf of coverage that now everyone is paying their fair share, even though they're not.

The working stiffs now get to support not only the medicare/medicaid crowd but also the part-timers, the unemployed and the illegal crowd.

Good luck bearing that load.

Tue, 10/01/2013 - 16:24 | 4011383 object_orient
object_orient's picture

I ran some numbers on the CA site and premiums are pretty low all around, at least for individuals.

Single, 40 y/o, 50k income = 330/mo for platinum 90 coverage

Single, 40 y/o, 20k income = 80/mo for enhanced silver 87 coverage (no platinum option)

Unsubsidized family plans are not cheap.

40 y/o and 35 y/o with 2 kids, 80k income = 1000/mo for platinum 90

same as above, 30k income = 400/mo for platinum 90

Tue, 10/01/2013 - 18:45 | 4011889 sgorem
sgorem's picture

Seems everyone is into and uptight about what their "premiums" are gonna be. What the question should be IS, What in the Hell are you gonna get for that premium!? Not much in my opinion. Think about it, the IRS is running this show, when in the Hell did ANYTHING the government touch NOT turn to shit. Good luck with that Platinum package people. They should add a TUNGSTEN TIER, cause that's what you're gonna get!

Tue, 10/01/2013 - 18:47 | 4011904 Whoa Dammit
Whoa Dammit's picture

You left out the huge deductables. Basically anyone who is reasonably healthy, is paying a hell of a lot for a whole lot of nothing.

Tue, 10/01/2013 - 20:41 | 4012314 object_orient
object_orient's picture

You're right of course. I used the platinum plan because that's the best Obamacare offers, and is probably the best comparison to current policies. The numbers used (Bronze 60, Silver 78, Platinum 90 etc.) indicate the expected percentage paid by insurance.

I really just wanted to show how much federal subsidies skewed premiums for lower income people relative to those paying full price.

Tue, 10/01/2013 - 22:55 | 4012779 James-Morrison
James-Morrison's picture

The 40 y/o and 35 y/o need to get a divorce and the lower-incomed person will get his/her insurance (with the kids) for free.

The higher income person can now get platinum for 330/mo.

It is how to reverse the hidden Obamacare "Divorce Tax"

It's part of that lie "if you like the insurance you have [or your partner] you can keep it/him/her".

I guess that's why we had to pass it inorder to see what's in it. 

Tue, 10/01/2013 - 17:15 | 4011617 mark mchugh
mark mchugh's picture

You forgot government employees and the psuedo-private sector (defense contractors, infra-structue workers, higher education, the banking industry, and ironically, the medical industry itself).

Tue, 10/01/2013 - 17:21 | 4011632 mark mchugh
mark mchugh's picture

D'oh!

Tue, 10/01/2013 - 15:54 | 4011225 therevolutionwas
therevolutionwas's picture

Agreed.  But tell that to the sheeple.  The main stream media certainly won't; they refuse to even look for the facts not less publish them.  Thus we live in lala land amongst the sheeple being herded this way and that.  Trying to inform even sheeple freinds, I can often see their mind clamp shut when one of their "gov't is good" beliefs are being attacked.

There are free market solutions out there in health care.  We just don't have the free market.

Tue, 10/01/2013 - 15:02 | 4010945 stant
stant's picture

we are in a cold civil war now. its about to go hot imho

Tue, 10/01/2013 - 15:02 | 4010951 Encroaching Darkness
Encroaching Darkness's picture

You cannot believe anything official coming out of Washington these day anyway, so why not shut it down?

The BLS says inflation is below 2%, which you see is a lie every time you go to the grocery store or gas pump.

The CFTC says no one is manipulating precious metal prices, which is a lie explained by the inequality "government intervention" .NE. "manipulation".

The DOJ says voter ID laws are discriminatory; I agree, they discriminate against those who wish to cause voting fraud.

The unemployment rate is <8%, if you listen to the Feds; ~23% if you listen to John Williams at Shadowstats, who I believe a LOT more.

Bernankebux says QE is not moneyprinting; I still cannot wrap my limited mind around that one.

Given that everything they say is a lie, an evasion or just simply wrong, why not shut it down, and keep it down until they can tell the truth?

I HAVE A DREAM ......    <<< KEEP IT SHUT DOWN >>>

Tue, 10/01/2013 - 15:10 | 4010973 D-liverSil-ver
D-liverSil-ver's picture

My Brother-in-Law works at a Large Hospital in the Northeast.

He says most of the Doctors that he works with are in their mid to late 50's and very well off finacially ( no suprise there). The word with most of the Doctors is that if they don't like what is imposed on them they will just retire early.

There is going to be a Doctor crisis in this country, I've heard very few people talking about this.  This could be the biggest catastrophe from Obamacare.

 

Tue, 10/01/2013 - 15:22 | 4011043 alangreedspank
alangreedspank's picture

It is the herding of doctors at gunpoint for the sake of insurers. You could say the pendulum swings back or karma because the government's imposition of certain laws has been a boon for doctors for a long time.

Tue, 10/01/2013 - 15:28 | 4011079 NihilistZero
NihilistZero's picture

Yeah, that 100K-200K a year is just going to turn soooo many people away from the profession :-)

I'm not for Obamacare but your hypothesis is preposterous.

Tue, 10/01/2013 - 15:34 | 4011118 TheMeatTrapper
TheMeatTrapper's picture

Plumbers can make 100K without going to med school, running up a few hundred grand in debt, working 24 hour shifts for free, then running up a few hundred grand more in debt to open a practice. A good friend of mine is a doc. His life sucks. I have more free time, more disposable income and less stress than he does. 

Tue, 10/01/2013 - 15:39 | 4011132 alangreedspank
alangreedspank's picture

His stress comes from the results of militant doctors lobbying for goodies. They wanted government ? Now they have it, everywhere, at all times, telling them what to do, how to charge, what forms to fill. Enjoy!

Tue, 10/01/2013 - 17:33 | 4011681 mark mchugh
mark mchugh's picture

Yep.  Docs don't have it as good as people think.  We pay ridiculous costs for medical care in this country and the most tragic part is the people who actually provide the care are often underpaid.

Tue, 10/01/2013 - 15:35 | 4011120 alangreedspank
alangreedspank's picture

Of course some (new) people might try to earn a PhD, but the current ones don't like to be told what to do at all. They feel entitled to a lot of things after (voluntarily) chainning themselves to a desk for 10 years. I dealt with doctors daily, and we had to cave in to all their crazy whims as a business employing them. T'was almost like taking care of another set of customers...

Tue, 10/01/2013 - 16:06 | 4011295 Dr. Engali
Dr. Engali's picture

Do you have any clue what a physician pays just for schooling? Or all the costs for the profession? My guess by your comment is that I you don't. There comes a point where it's no longer worth it to them, and they will leave.

Wed, 10/02/2013 - 18:15 | 4015888 NihilistZero
NihilistZero's picture

That 100-200K was a low estimate.  If you're practicing medecine there are oppoprtunities to clear over $1500 a day pre tax.  after you've paid down your school debts you have a skill set that will NEVER be obsolete.  All I was saying is that the idea that people are going to give up on Medical School is silly.  To make 100K as aplumber you have to be one of the best with a tight business model AND some luck with your local economy.  The low end doctor still outpaces you.

Tue, 10/01/2013 - 15:12 | 4010994 q99x2
q99x2's picture

Well since it means working people won't be able to afford health insurance it means that Washington politicians have voted to kill the citizens of the United States of America. So for many politicians this will be their last term in office because they will most definitely be voted out of office.

Tue, 10/01/2013 - 23:08 | 4012816 James-Morrison
James-Morrison's picture

I wish that were true, but 

we are a nation of Sheeple!

(Voting is SO last century: We The Sheeple are too busy staring at the room-sized, TV and flicking the potato chip crumbs from our pants while fiddling with our gadgets).  

 

Tue, 10/01/2013 - 15:16 | 4011014 venturen
venturen's picture

Remember went Obama was sold as the great uniter? He was going to change Washington. And alone comes the most hyper partisan President ever...jamming stuff down the other party's throat! Meanwhile back on Wall Street they have never gotten money like what Obama gives them. Hiostory will EXPOSE THE FRAUD THAT OBAMA IS! I don't care if they ever open the government again....maybe they could balance the budget that way!

Tue, 10/01/2013 - 15:16 | 4011022 venturen
venturen's picture

BTW I lived in the UK home of socialized medicine....you don't want that...I can assure you!

Tue, 10/01/2013 - 15:17 | 4011025 MedicalQuack
MedicalQuack's picture

Yes it's Obamacare that is the problem, most want the Affordable Care Act (grin) if you have not seen this Jimmy Kimmel survey video, a screamer.

http://ducknetweb.blogspot.com/2013/10/which-is-better-obamacare-or-affo...

I actually have a handful of those anti Obamacare members of Congress that follow me and they still don't learn anything:)  It's over their heads.  Again at a time like this if we had better educated folks in DC, and just even some who would take the time to educate themselves we would have much more intelligent debates and be able to leave Dr. Seuss behind the door. 

They don't understand the "screeching algorithms" that a government shut down turns loose.  IT infrastructures are attached to all laws but the digital illits can't model that to see what the consequences are of their actions.  Cruz should go into acting maybe as he has the drama routine down pat.  Restore the Office of Technology Assessment, a non partisan tool that does research for Congress and would be there to educate and help them.  I see these rants the direct result of this issue as they don't understand.  They are forever "Algo Duped"...and richer for the money they receive to stay that way:)

http://ducknetweb.blogspot.com/2013/09/jon-stewart-discusses-little-pape...

This is not just for the GOP, although they are needier as we see in the news, but all could benefit and they could share it with Silly Sebelius who gets duped all the time at HHS too...I get everyone in here where it could be appropriate. 

Tue, 10/01/2013 - 15:18 | 4011030 QQQBall
QQQBall's picture

Discussion would be much better if words such republican democrat, progressive, liberal and conservative were ommitted

Tue, 10/01/2013 - 15:24 | 4011055 alangreedspank
alangreedspank's picture

They have their uses, like any other words but like any other if they are used to create confusing word salads, they become useless.

Tue, 10/01/2013 - 15:23 | 4011051 dcj98gst
dcj98gst's picture

A 55 year old couple living in NJ (08019) together making measly $63,000 a year will have to shell out $11,171 ($931 a month) for Bronze insurance. 

But then they have a $5000 deductible and a 40% copay. 

Yea that is affordable?? Sarc.

http://kff.org/interactive/subsidy-calculator/#state=nj&zip=08019&income-type=dollars&income=63000&employer-coverage=0&people=2&adult-count=2&adults%5B0%5D%5Bage%5D=55&adults%5B0%5D%5Btobacco%5D=0&adults%5B1%5D%5Bage%5D=55&adults%5B1%5D%5Btobacco%5D=0&child-count=0&child-tobacco=0

Tue, 10/01/2013 - 16:45 | 4011496 object_orient
object_orient's picture

Those numbers look exactly right. However,

"Because Bronze level coverage would cost more than 8% of your household income, you may instead opt to purchase catastrophic coverage. With a catastrophic plan, you would pay out-of-pocket for most health services until you reach the annual limit on cost sharing ($12,700 in 2014). However, preventive services are covered with no cost sharing required."

 

One spouse might as well quit his/her job. Same scenario with income of 33000/yr gets a bronze plan for $98/yr. They'd probably be eliigible for other gov. services too. It no longer makes sense to have a family and make middle class wages.

Tue, 10/01/2013 - 17:03 | 4011569 chubbar
chubbar's picture

I have a friend who has decided to divorce so that his wife and kids can get free healthcare, snap cards, etc. His thought is that he may as well help break the bank and get on the gravy train while it is still running.

Tue, 10/01/2013 - 17:39 | 4011703 object_orient
object_orient's picture

As far as I'm concerned, adjusting your lifestyle to avoid damage from capricious laws and rules is no sin. You just have to be "smart-n-savvy" <gag> enough to figure it out.

Tue, 10/01/2013 - 23:22 | 4012856 ricky663
ricky663's picture

The Thai government healthcare plan costs Thai Nationals 30 Thai Baht (approx $1) per visit / treatment + (reasonably priced) meds. That includes surgeries/hospital stays, etc. In other words, 100% all included (but you pay your own meds).
I just read that they offer a new program whereby a foreign resident can buy into this plan for about $100/year.
is the medical care the same in Thailand vs. USA? I have had treatments in both places, and I will say the treatments were about the same, but the efficiency/speed of service was far superior inThailand.
Which medical system is better? Do some research, and make your own judgements. (hint: factor in the legal and malpractice issues in USA as part of the exercise).

Tue, 10/01/2013 - 15:24 | 4011057 Duke Dog
Duke Dog's picture

I realize Stockman is attempting to resurrect his legacy and sell books, but David, I hold you personally responsible for the last 30 years of unpaid "Peace" dividends that is owed to me and my family in form of lower taxes and zero national debt. No doubt he is telling the Truth now, way after it is too fvcking late.

 

Fuck that Shill cocksucker!

Tue, 10/01/2013 - 15:36 | 4011124 MyBrothersKeeper
MyBrothersKeeper's picture

I completely agree with his premise.  I do disagree about taxes being too low, but he has already given the solution:  change the tax code.  If the taxcaode were simple and transparent it would eliminate much of the corporate welfare and abuse of the current tax code.  The same can be said about much of the regulation of many things...too complex and opens the door for more waste, fraud, and abuse.  Transparency and simplicity would eliminate the need for much of the regulatory and legal aparatus which contributes mightily to govermental inefficiency.  But the wealthy and political class get richer from the grey areas and government inefficiency creates profits for lobbyists and those they represent either directly or indirectly at the expense of the public. 

Government role should be one of facilitation not control or coordination...and they should be facilitating competition and transparency.  What they do now creates monopolies, supports and even encourages crony capitalism, and discourages real capitalism...which is the true creator of jobs. Fixng these structural things would be a boom to US economy and quality of life for millions here and abroad. Unfortuantely I have to agree with Kyle Bass when he says that is likely to happen in 2000 and never.  That being true, it will take a substantial degree of pain before the public demands that serious structural change needs to be implemented which creates a smaller but much more efficient government. But with so much of the population on the government gravy train and those profiting willing to fight tooth and nail to maintain status quo i'm afraid the pain process is just beginning.

Tue, 10/01/2013 - 15:49 | 4011181 pragmatic hobo
pragmatic hobo's picture

obamacare was promised to be "for the people" but it turned out the "people" obama was referring to was healthcare industry executives.

Tue, 10/01/2013 - 15:50 | 4011185 robnume
robnume's picture

I wish folks would decide whether this admin. is fascist, socialist or communist. These are 3 separate systems.  I don't like the ACA, either. It is neither affordable nor is it fair. It is an unfunded mandate. Shut the government down forever, 'cuz I just don't give a shit anymore.

Tue, 10/01/2013 - 15:50 | 4011193 starman
starman's picture

you sure it wasnt Putins plan?

Tue, 10/01/2013 - 16:00 | 4011259 rustymason
rustymason's picture

Stockton would say that Obamacare was good if it "worked."

Tue, 10/01/2013 - 16:03 | 4011271 all-priced-in
all-priced-in's picture

Health insurance is not health care.

Many seem to assume if you have insurance you can get care - maybe you can - but maybe you can't.

This law does little to actually control health care costs.

 

 

 

 

 

Tue, 10/01/2013 - 16:05 | 4011281 Duc888
Duc888's picture

""The Republicans have to take a stand.

 

WTF is this ZH or Comedy Central?

Tue, 10/01/2013 - 16:16 | 4011291 smartstrike
smartstrike's picture

You don't need Obama to tell whom the Tea Party represents. The Tea Party has been hijacked from its very inception by like-minded billionaires like Koch Brothers and Pete Peterson. The main goal of these selfish and greedy WHITE crackers is to steal from entitlement programs that most Americans paid into--bail in for rich financial manipulators.

If you don't believe me here is one stat that mirrors DEBT. In 1982 there were 13 billionaires, there are now over 2,000. What was the DEBT in 1982---about $5 Trillion, its more than $50 Trillion now. So guess who ran up all this debt? Hint, it's not the people on Food Stamps, but, David Stockman is actually one of chief architects of Voodoo economics and promoters of debt.

The rich billionaires now want you pay for all this debt while they get to keep their wealth made by debt and fight any program that sends money into pockets other than theirs.

Tue, 10/01/2013 - 19:11 | 4011953 jtg
jtg's picture

White crackers? Go to hell you racist jackass.

Tue, 10/01/2013 - 16:18 | 4011365 Goldilocks
Goldilocks's picture

Systemically *(F’ed = FED) fucked, yo    

sys•tem
1. A system is a way of working, organizing, or doing something which follows a fixed plan or set of rules. You can use system to refer to an organization or institution that is organized in this way.
...a flexible and relatively efficient filing system.
...a multi-party system of government...

sys•tem•ic
   systemic
1. Systemic means affecting the whole of something. (FORMAL)
The economy is locked in a systemic crisis.

fucked
adj  taboo  spoken
  1  also  fucked up:  completely broken or in a very bad condition//  --The engine's completely fucked.//
  2 in a very bad situation which will not improve:  --If she can't lend me the money, I'm fucked.//

Tue, 10/01/2013 - 16:59 | 4011548 DarthVaderMentor
DarthVaderMentor's picture

The way to do this is to pass piecemeal funding AND a separate bill that focuses on making it clearly illegal and an impeachable offense for the executive branch to create special exemptions and carveouts for select elements such as corporations and individuals in Congress.

Then pass them and let them go to the Senate to fail.

Then, once they have failed to pass in the Senate begin the process for immediate recall elections for those Democrats based on the failure to protect people via special exemptions and not funding several departments, depending on which is crticial for each district. The recall elections will be what scares the Democrats. Start with Senators that aren't in the 2014 election. 

Tue, 10/01/2013 - 16:58 | 4011549 Bloodstock
Bloodstock's picture

Many of the DC poliicians are really an ignorant bunch. Selling out as cheap whores they act as though those that bought them will take care of them. That some how when the dollar collapses that their pay, benefits, and pension will still be intact. That there is honor amoung thieves. Really people they have shown their true colors as ignorant asshole largely contributing to their own demise. They had it made and fucking blew it. Ignorant fucking assholes.

Tue, 10/01/2013 - 17:01 | 4011554 SmittyinLA
SmittyinLA's picture

Republicans taking a stand is why the market hasn't cratered, if they contiue with Obamacare I'm cashing out & spending every dime I have and going on disability. 

 

I want to be a Socialist mob leader too!

Tue, 10/01/2013 - 17:46 | 4011720 object_orient
object_orient's picture

Get the ball rolling then. From what I read it takes a long time to get on disability.

Another alternative is to make a small, on-the-books wage and get paid cash for the bulk of your income. Please report back on the quality of "free" goverment services for others considering your career choice!

Tue, 10/01/2013 - 17:38 | 4011701 andrewp111
andrewp111's picture

When the debt ceiling is breached, Obama will use the Patriot Act to declare the GOP a terrorist organization, have the House Tea party Republicans put in jail, declare their seats vacant, and hold special elections with Democratic candidates only. He is going to take a page from Lincoln in getting his way come hell or high water. And yes, this guarantees some kind of violence, magnitude unknown.

Remember, you heard it here first.

Tue, 10/01/2013 - 19:05 | 4011938 butchtrucks
butchtrucks's picture

Good on the Tea Party Republicans for standing up against the communistical outrage that is Obamacare.

But this is only a START.  They need to ensure the defunding of ALL socialist programs that are bringing this once great country to it's knees including Medicare, VA, Medicaid and Social Security. These government-run programs are just pandering to people’s laziness and lack of personal responsibility and are totally un-American.

In this country good health is not a birth-right – it is a privelage – and a privilege that should only be available to those who are hardworking, wealthy, and smart enough to pay for their own insurance.

We should not try and emulate socialist hell-holes like Australia, Canada or Scandanavia where every dead-beat can access free public health systems regardless of whether they’ve saved up to pay for it or not.

The US got to be great through people standing on their own two feet and taking responsibility for their own health and well being. Not one dime of my taxes should go towards supporting socialized free health care for those too lazy, poor, old, or stupid to look after themselves.

Medicare in particular is the worst socialist program ever introduced in this country (by another socialist Dem President – Lyndon Johnson in 1965). It’s a single payer government run program funded from taxes paid by you and me – to support old sick people we don’t even know.

Back in the ’60s the GOP fought long and hard to prevent this communistic system becoming law. As Ronald Reagan said at the time the Dems were trying to force this thing through “If you and I don’t stop Medicare then one of these days we are going to spend our sunset years telling our children and our children’s children what it once was like in America when men were free.”

George HW Bush Described Medicare in 1964 as “socialized medicine at its worst” and. Same with Barry Goldwater who said: “Having given our pensioners their medical care in kind, why not food baskets, why not public housing accommodations, why not vacation resorts, why not a ration of cigarettes for those who smoke and of beer for those who drink.”

Social Security is another Communist program that needs to be abolished right now. Did you know that the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, accounting for 20.8% of the total budget? Needless to say it was introduced by yet another socialistic Democrat President – Franklin Roosevelt back in the 1930s. And what is ‘social security’ ? Its nothing but a program to take hard-earned money from the likes of you and me to allow lazy old people who didn’t bother to save for their retirement during their working years to live high on the hog.

So good on the Republicans for declaring war on Obamacare. Now I just hope they will see fit to start unwiding the other socialist and communistical atrocities such as social security, Medicare, Medicade and VA – which are also totally unconstitutional and totally un-American.

Tue, 10/01/2013 - 19:32 | 4012041 TrulyStupid
TrulyStupid's picture

Its really interesting to note that the Tea Party are the biggest supporters of aid to Israel, a country which has a cradel to grave government sponsored health care system which includes abortion on demand. They'll help subsidize a foreign health care system and government pay abortion on demand... but whoah... in America that's welfare statism.

Tue, 10/01/2013 - 21:13 | 4012445 brettd
brettd's picture

Ask a doctor if you are "entitled" to their time & expertise...

Tue, 10/01/2013 - 19:45 | 4012028 TrulyStupid
TrulyStupid's picture

It's kind of sad to see Stockman, who is otherwise a trusty and true observer,  jump on a partisan bandwagon..political pandering? probably.

The fact is Obamacare  is not welfare statism.. it is forced ienrollment in a for profit private insurance pay system. It doesn't do anything to address the real issues: high costs of monopolized health care provision and pathetic prevention.  The real disaster as stockman knows, is the burgeoning malinvestment in "defense".  homeland insecurityand outright subsidies  to corporations.

Tue, 10/01/2013 - 21:09 | 4012428 brettd
brettd's picture

"It's the law of the land"

---yeah, and so was prohibition and segregation...

Change it!

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