Posted on 10/11/2013 8:36:53 AM PDT by The Old Hoosier
...The various websites’ failures, he said, were the result of enormous demand. In fact, he added, if this had been a company on Wall Street, the high demand crashing its website would have sent its stock to “700 dollars a share.”
Of course, you can’t tell what a stock is worth just by its share price...
(Excerpt) Read more at conservativeintel.com ...
The biggest thing since cuil.com .
like a dot.com bubble stock, it make no profit and lose a lot money. Yea
Having any luck getting your blog shares to skyrocket by using FR as a free stepping stone?
Of course the liberal Congressman did not need to visit the site, himself.
Four pinocchio’s.
So is the congressman advocating doing this, issuing an IPO and letting market forces work? I say, let’s give it a whirl.
Another graduate from the “Baghdad Bob School of Communication Technology”.
What are these people smoking? They obviously are not paying any attention to their constituents who are finding themselves locked out of the website or are getting sticker shock from the letters from their insurance companies.
“Baghdad Bob School of Communication Technology”.
******
My thought exactly. Stuff like this is beyond lying. Its monumetal self-delusion.
Skyrocket? Like a Kassam?
It’s built by the same people!
Its something better than pot. They still don’t make sense to me.
It’s the Big Lie theory. Just tell the Big Lie over and over and people will believe it. Even the liar will come to believe his own Big Lie.
I’ve tried about seventy times and spent many hours to get information from HealthCare.gov without success. I know first hand that it is an abject failure.
My wife asked me why Sebelius and others would tell such lies when the truth was so easy to determine.
ObamaCare cheerleaders know that most people aren’t immediately affected by ObamaCare since they currently either have employer insurance, Medicare, Medicaid, or just aren’t interested anyway. The vast majority of people simply have not used the site, and think that HealthCare.gov is just more of the old partisan squabbling. Democrats are safe in making baldfaced lies because the small businessman or professional who has to buy his own insurance is not likely to be a Democrat anyway. And the typical Democrat Koolaid drinker will believe anything.
Moody’s has just downgraded his brain matter to junk status.
Let’s see... We spent $634 million to build a non-working web sight to sell say $4000 insurance policies to 30 million uninsured people.
Right now we have sold 51,000 policies or about $200 million. My guess is most, maybe all, are subsidized or pre-existing policies. Let’s assume we will subsidize 75%, so we will collect $50 million on $200 million of insurance.
We have gone from -$634 million in the hole to maybe -$784 million or so in the hole...
Now we are adding 16,000 or so IRS employees plus more in other areas. Round it at 20K time $100K per year salary and bennies roughly $167 million per month.
So, in round numbers we are $950 million in the hole in the first month or less. The is as bad as a start up gets...
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