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PRESCRIPTION DRUG BILL 'MAY BE THE MOST FINANCIALLY IRRESPONSIBLE LAW IN 40 YEARS';
http://www.drudgereport.com/flash3.htm ^ | March 1, 2007 | Edcoil

Posted on 03/01/2007 11:06:13 AM PST by edcoil

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Thanks George. Now you know why the "right" did not turnout in the polls.
1 posted on 03/01/2007 11:06:16 AM PST by edcoil
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To: edcoil

Ahhhhhh come on! We just need to send them more money!


2 posted on 03/01/2007 11:08:41 AM PST by sheana
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To: edcoil

But the point of the piece is no doubt, that the Democrat Plan which was twice as big, wouldn't have been bad


3 posted on 03/01/2007 11:08:55 AM PST by digger48
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To: edcoil
"the 'right' did not turnout in the polls."

After the next attack I'll have to ask you to remind me of that transcending wisdom.


4 posted on 03/01/2007 11:11:15 AM PST by I see my hands (_8(|)
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To: edcoil

Barf.


5 posted on 03/01/2007 11:11:33 AM PST by WV Mountain Mama (Algore put the mental in environmental.)
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To: digger48

Hmm. Maybe that should be the republican slogan in 2008: "Vote for the GOP: it'll take us twice as long to bankrupt the government!"


6 posted on 03/01/2007 11:14:27 AM PST by Publius Valerius
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To: I see my hands

You know, I see that posted all the time. I can assure you that I voted. I can also assure you that it wouldn't be hard for some arab to WALK across our border and do loads of harm if he felt like it. Of course, I am not naive enough to believe that there aren't enough already here that could do that. I mean the state department did an exchange program that brought over about 40,000 arabs for college this year.


7 posted on 03/01/2007 11:16:48 AM PST by WV Mountain Mama (Algore put the mental in environmental.)
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To: edcoil

Has the cost of the Prescription Drug plan offset any amount that would have been a result of surgery and if so by how much?


8 posted on 03/01/2007 11:16:52 AM PST by tobyhill (The War on Terrorism is not for the weak.)
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To: Publius Valerius

LOL!


9 posted on 03/01/2007 11:24:32 AM PST by alice_in_bubbaland (As for me, I will remain neutral...for the time being.)
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To: I see my hands

Hopefully, the message sent to future "republicans" is don't expand an already bloated, failed government and tax money from my children to fund your exclusive club.


10 posted on 03/01/2007 11:33:03 AM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil
This article is absolutely correct. The part about it is the boomers fault once again just ticks me off. They have know about the short comings of the ponzi scheme of SS for decades and did nothing about it. Now since all these workers that have supported these benefits to others start to age, this is suddenly their fault? I surely wasn't my fault for the last 35 years of employment to pay towards this BS scheme.

Ugh! I'm going to have to stop reading these articles.
11 posted on 03/01/2007 11:34:14 AM PST by poobear (Carter & Clinton - 'The Latter Day Church Of Jew Haters & Horndogs')
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To: poobear

Bad posting apologies.


12 posted on 03/01/2007 11:35:11 AM PST by poobear (Carter & Clinton - 'The Latter Day Church Of Jew Haters & Horndogs')
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To: edcoil

Ronald Reagan said: a government program has the closest thing to eternal life of anything. Once the government has obligations, you cannot go back.


13 posted on 03/01/2007 11:37:32 AM PST by LtdGovt ("Where government moves in, community retreats and civil society disintegrates" -Janice Rogers Brown)
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To: edcoil

I can't wait to see how much the "fix" is going to cost us.


14 posted on 03/01/2007 11:37:54 AM PST by Doohickey (I am not unappeasable. YOU are just too easily appeased.)
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To: Doohickey

I can't wait to see what else the boomers vote themselves once they all retire.


15 posted on 03/01/2007 11:41:55 AM PST by TUAN_JIM (Sic Semper Tyrannis)
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To: qam1

X'er ping


16 posted on 03/01/2007 11:41:55 AM PST by WV Mountain Mama (Algore put the mental in environmental.)
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To: poobear
"It surely wasn't my fault for the last 35 years of employment to pay towards this BS scheme."

I agree completely. This govt. took thousands of dollars from me and from my husband by force of law and I want it back.

Carolyn

17 posted on 03/01/2007 11:42:09 AM PST by CDHart ("It's too late to work within the system and too early to shoot the b@#$%^&s."--Claire Wolfe)
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To: edcoil

Yep. This is why the Dems weren't getting any traction with it when they originally proposed it. Then, they dropped the idea and W co-opted it.

It was a bad idea when the Dems dreamed it up and it didn't get any better when W enacted it.

FWIW, it's still a bad idea and getting worse by the minute.


18 posted on 03/01/2007 12:20:03 PM PST by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: edcoil
Hmm. The right raised questions about Bush's compassionate conservatism in 2000. We were told to compromise for the good of the party. We got No Child Left Behind, the Medicare Prescription Bill, $15 Bil in AIDS money to Africa, and have amnesty looming on the horizon. Just for starters.

Now we are being asked to go even FURTHER left for Rudy. We are told to compromise FURTHER for the good of the party.

19 posted on 03/01/2007 12:22:40 PM PST by dirtboy (Duncan Hunter 08)
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To: poobear

All I know is that it ain't the Boomers who scream bloody murder when SS reform comes up, and it ain't the Boomers who scream for free drugs from the Government.


20 posted on 03/01/2007 12:24:51 PM PST by Wolfie
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To: edcoil

Bush's Fault!


....really


21 posted on 03/01/2007 12:26:05 PM PST by KoRn
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To: poobear
The part about it is the boomers fault once again just ticks me off. They . . . . .

Define that "They" for me. Who are "They"?? Be VERY careful how you define it. I'm a boomer and I don't approve of this measure and didn't EVER want it!! And, all of my boomer friends, colleagues, co-workers and relatives feel the same way I do.

You probably have your generations confused since boomers are only JUST STARTING TO REACH RETIREMENT AGE!!!!! This wasn't for us, it was for your grandparents and great-grandparents!!!

22 posted on 03/01/2007 12:29:07 PM PST by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: TUAN_JIM
I can't wait to see what else the boomers vote themselves once they all retire.

See my post #22.

23 posted on 03/01/2007 12:30:08 PM PST by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: edcoil
As life expectancies increase and the cost of health care continues to rise at twice the rate of inflation, radical reform in health care will be necessary, Walker says. He says the federal government is also going to have to find ways to increase revenue and reduce benefits.

Ah yes, more taxes.

I would say that Rove and Bush's strategy has been and F.

24 posted on 03/01/2007 12:30:40 PM PST by KC_Conspirator
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To: edcoil

Well "DUH!", it's not like anyone with an IQ over 50 couldn't see this coming well before it passed.

Doesn't matter though, as long as it potentially reels in votes...


25 posted on 03/01/2007 12:33:07 PM PST by Axenolith ("pound pastrami, can kraut, six bagels bring home for Emma")
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To: edcoil
Bush is going to wind up being a disastrous president. His stupid daylight savings time adjustment alone has cost our company thousands of dollars not to mention the software problems that we're still having.
26 posted on 03/01/2007 12:35:14 PM PST by stevio ((NRA))
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To: stevio
There was no great outcry for the Prescription drug program. President Bush was determined to implement it and transfer billions in business obligations to the taxpayer.

The Administration even lied, or made outrageous miscalculations in depicting the predicted costs of such a program. Business put it to the taxpayer and they and the President are working together, again, to lower the cost of doing business on the backs of the taxpayer with the upcoming amnesty.

Regards.

27 posted on 03/01/2007 12:52:38 PM PST by ARE SOLE (Agents Ramos and Campean are in prison at this very moment.)
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To: stevio

I'm in the software industry and we have not seen any problems with daylight savings. We have 1,000's of customers around the globe and these seems to be little if any affect of simply moving the day ahead.

This seems more like the Y2K doom and gloom then reality.


28 posted on 03/01/2007 12:54:59 PM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil
The IT people worked overtime to do the change for the new daylight savings time BS. Plus there are other issues that have popped up that may or may not be related to the change.

So are you saying this was a good move by his administration to move the daylight saving dates?

29 posted on 03/01/2007 1:10:50 PM PST by stevio ((NRA))
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To: edcoil

Don't get too hysterical about the drug plan,,. Take a look at the numbers.

Senior citizens pay almost $93.50 a month for medicare.. lets say $1100 a year. For all practical purposes the drug plan is capped. this year at $2450.

The cap is composed of what you and they pay. Say a $20 tier 1 retail drug has a copay of $5. The full $20 is counted toward your cap. A tier 2 drug having a retail price of $35 has a copay of $29. The total of $35 is counted toward your cap.

Typically I pay about $60 a month toward my copays. Another $720 a year.

So When I didn't have medicare, doctor visits were $40, now they are $5. I go quarterly.

on balance I pay out $1100 + $720 + $20 = $1840

I receive $ 80 Dr. + $2450 drugs = $2530, or a positive balance of $690.

The cap last year, when it was $2150, was arrived at in August. The balance of the year was then at 100% my pay. The catastrophoc feature does not kick in until I pay about $4000 of my own dollars. (not a combination of copay and benefits, but my own $)

Think of it as a tax reduction to make up for taxing S.S., or for not privatizing S.S. in the first place.

All in all I don't think giving Seniors a $700 break annually is going to bankrupt the country when one considers the far larger amounts wasted on agribusiness, ethanol, illegal aliens, bloated education, Congressional salaries and retirements, and other bureaucratic waste.

Remember this is money going to the formerly most productive employees of our country.


30 posted on 03/01/2007 1:14:00 PM PST by rock58seg (Conservative American skeptics: The worlds last bastion of sanity.)
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To: rock58seg

Why is it my job to buy your aspirin?

"formerly most productive employees" This is not true however, if you were productive, how come you cannot pay your own bills?


31 posted on 03/01/2007 1:16:11 PM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil

That was the original intent. Make the system break. Then the libs would step up and announce that they have a plan to fix it. It would be socialized medicine with high taxes. Their goal is total and complete socialization of the USA.


32 posted on 03/01/2007 1:22:01 PM PST by Leftism is Mentally Deranged (liberalism is demented)
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To: DustyMoment

I wasn't referring to current benefits, which boomers have paid into; I'm wondering what new benefits will be introduced once the massive boomer demographic retires. I want the government to keep its promises, I just don't want it to make any new ones.


33 posted on 03/01/2007 1:28:02 PM PST by TUAN_JIM (Sic Semper Tyrannis)
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To: WV Mountain Mama; ItsOurTimeNow; PresbyRev; Fraulein; StoneColdGOP; Clemenza; m18436572; ...
Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

34 posted on 03/01/2007 1:36:02 PM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: DustyMoment

"The problem is the baby boomers. The 78 million people born between 1946 and 1964 start becoming eligible for Social Security benefits next year. "They'll be eligible for Medicare just three years later and when those boomers start retiring en masse, then that will be a tsunami of spending that could swamp our ship of state if we don't get serious," says Walker."

Dude or Dudette you are preaching to the choir.

They = those reporting this crisis.

They = those who would like to say this is a crisis because the 'boomers' are retiring in masse.

They = those who would like to drag us into a category of those who caused this crisis in the first place when it was some plan of a very famous FDR elite Democrat with his "New Deal" where every worker would contribute to the great of the common good.

They = those who for decades depended on us boomers to work for those who increasingly took advantage of this government program and have been accepting payments for life. Not the ones it originally intended to help.

They DO NOT = ME.

How the hell else could I be paying into SS & Medicare for the last 35 years and NOT be a boomer. Do the math.


No worries.


35 posted on 03/01/2007 1:40:18 PM PST by poobear (Carter & Clinton - 'The Latter Day Church Of Jew Haters & Horndogs')
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To: TUAN_JIM

Believe it or not. most boomers would agree. We don't believe that we will see SS benefits at the same level as our parents and grandparents because, for us to receive them at the level, unfairly burdens later generations.

Hopefully, those of us who are the non-hippy, non-gimme part of the boomer generation won't look for the government to do anything special for us, other than honoring its obligations under the Declaration of Independence and the Constitution (protecting our national sovereignty comes to mind).


36 posted on 03/01/2007 1:41:41 PM PST by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: edcoil
Thanks George. Now you know why the "right" did not turnout in the polls.

Medicare = votes

That's why no Republican will try and seriously reform it, and that's why no Republican President would ever veto anything that would seriously impact it.
37 posted on 03/01/2007 2:00:30 PM PST by af_vet_rr
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To: edcoil

Sour Grapes, or as they say in Southern Russia..Tough Sh*tsky you all. lol

You pay for my aspirin, because the politicians you elected say you will. If you don't like it, work a little harder to get it changed.

I think of it as a tax reduction the Democrats don't want me to have. As long as I take the money they can't use it on worse schemes.

See there, rationalization does have a wonderful calming effect.


38 posted on 03/01/2007 3:26:42 PM PST by rock58seg (Conservative American skeptics: The worlds last bastion of sanity.)
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To: Leftism is Mentally Deranged
That was the original intent. Make the system break. Then the libs would step up and announce that they have a plan to fix it. It would be socialized medicine with high taxes. Their goal is total and complete socialization of the USA.

Well, they are doing it with the help of quite a few Republicans....
39 posted on 03/01/2007 3:40:07 PM PST by af_vet_rr
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To: poobear

Thank you for clarifying that for me, poobear. It just came across as another boomer bashing comment and I'm sure that you, like me, are pretty tired of those.


40 posted on 03/01/2007 3:48:43 PM PST by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: rock58seg

So you're simply a modern day beggar.

So much pride in a past generation, brings a tear to my eye.


41 posted on 03/01/2007 3:53:31 PM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil
Bill Will Add $8 Trillion to Long-Term Medicare Obligations - That Could Already Bankrupt the U.S.

So what?

Although I don't need it, since my total tax burden is mid 50%, I'll take it!

(I'll just consider it a behind the scene P&L gain) /sarcasm

42 posted on 03/01/2007 3:59:23 PM PST by EGPWS (Trust in God, question everyone else)
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To: edcoil

cry if you want to.
It's my party.

All the way to the bank with my tremendous ill gotten gains. Might not even get there since it's about equal to a couple of beers a day.


43 posted on 03/01/2007 4:31:32 PM PST by rock58seg (Conservative American skeptics: The worlds last bastion of sanity.)
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To: rock58seg

I guess future generations only hope is for you to have a short trip.

Working hard all your life being productive with what seems is the goal of having the government take from future generations as you go on welfare.

enjoy your party.


44 posted on 03/01/2007 5:10:43 PM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil

Aw!

Now you have gone into a snit.

You keep exercising those bad vibes and you may aggravate yourself into never having your chance to recover from the Gubmint teat, what it has and will extort from you, on mine and others behalves.

A little story:
My grandfather owed my father some money. Said he would repay him ibn his will. When he died he left sizable bequests to all his other children except my mother, thereby not repaying my father. It was a thorn in Dad's side for over thirty years. One day tired of my fathers grumbling about it. I pointed out that they had never liked each other, and that for a relatively small amount of money my Gfather had managed to aggravate my father for over thirty years, after his death.

If you think that I or anyone else will pass up, a lousy $700 a year just so you will feel better, you need a better drug plan than I have. However I'll be aggravating you a long time.


45 posted on 03/01/2007 10:12:53 PM PST by rock58seg (Conservative American skeptics: The worlds last bastion of sanity.)
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To: DustyMoment
Exhausted Dusty ;D!
46 posted on 03/02/2007 4:41:37 AM PST by poobear (Carter & Clinton - 'The Latter Day Church Of Jew Haters & Horndogs')
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To: Doohickey
Lots of things will need to be "fixed" like Social Security, Medicare, Medicaid, the Education system and No Child Left behind with Democrats and Republicans falling all over themselves and racing for our checkbooks.
47 posted on 03/02/2007 4:47:19 AM PST by corlorde (New Hampshire)
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To: edcoil
but notice even with this ridiculous bill the Rats and the MSM still want more.....its never enough for them....

being in my 50's I state emphatically that older people for the most part are better off than all other groups...they get more free money from Govt then anyone, and its something like $10 to every senior for $1 to a child....

its got to stop....

I fully believe in indexing SS and Medicare...I fully believe its almost immoral to be making my taxes and my kids taxes and my grandkids taxes( if I had any grandchildren) higher so some senior getting multiple pensions and discounts and freebies can get even more free stuff...

its unconscionable...its insanity...

48 posted on 03/02/2007 4:57:51 AM PST by cherry
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To: poobear
I fully expect that SS and Medicare should be helpful to those that have little or nothing and NEED it, just as I expect that after working for so many years, it will be there for me and mine .....

what gripes me is that so many getting SS and Medicare DID NOTHING to deserve it.....how many elderly never contributed one dime to Ss or Medicare yet are living out their lives sometimes 20 or 30 yrs getting check after check after check....

and we won't even talk about the illegals and even the legal immigrants, some who can't produce a birth certificate but are conveniently 65 yrs old.....

49 posted on 03/02/2007 5:02:31 AM PST by cherry
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To: rock58seg
fella....I am a working stiff who pays for one dtr and one husband thru my work, because my husband was screwed by the great American capitalist society that allows billinaires to by companies, bankrupt them and shove their pensions responsibilties to the govt...SO....

I am in no mood to feel any sympathy for people on the govt dole when they don't need to be....

and the fact that I pay over $600 MONTHLY just to insure two people in my family compared to your NET GAIN really, really FRUSTRATES me...

and maybe you're not aware, but your benefits are driving my premiums thru the roof, but gee, enjoy your net gain.....

50 posted on 03/02/2007 5:10:16 AM PST by cherry
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