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Health Bill Hoax ...
Investors.com ^ | November 19, 2009 | INVESTORS BUSINESS DAILY staff

Posted on 11/19/2009 5:29:17 PM PST by Kaslin

Reform: Only a Bernie Madoff could believe the Senate's health care bill will extend coverage to 31 million Americans while cutting deficits by $127 billion over 10 years. It would be the first profitable entitlement.

But that's what Majority Leader Harry Reid, citing Congressional Budget Office estimates, tells us the 2,074-page bill — said to cost only $849 billion over a decade — would do.

Like House Speaker Nancy Pelosi, he seems to be following Vice President Joe Biden's admonition at an AARP town hall meeting that "we've got to spend money to keep from going bankrupt."

We suspect Reid's estimate will be as accurate as those for Medicare and Medicaid, which are going broke with their trillions in unfunded liabilities. According to the Heritage Foundation, Medicare alone faces $36 trillion in unfunded obligations.

We are not impressed by this sleight-of-hand accounting that says you can expand coverage and cut costs. Neither is Jeffrey S. Flier, dean of Harvard Medical School.

"In discussions with dozens of health care leaders and economists," he writes, "I find near-unanimity of opinion that, whatever its shape, the final legislation that will emerge from Congress will markedly accelerate national health care spending rather than restrain it. "

(Excerpt) Read more at investors.com ...


TOPICS: Culture/Society; Editorial; Front Page News; Government; Politics/Elections
KEYWORDS: 111th; aarp; agenda; berniemadoff; bhohealthcare; biden; cbo; costs; deficit; deficits; democrats; dingyharry; dirtyharry; docfix; doctors; entitlement; entitlements; govhealthcare; govthealthcare; harryreid; healthcare; healthinsurance; insurance; joebiden; liberalfascism; madoff; medicaid; medicare; nancypelosi; natinalhealthcare; obamacare; pelosi; pelosicare; physicians; premiums; publicoption; reid; reidcar; reidcare; senate; senatebill; socialism; socializedmedicine; speakerpelosi; taxes; taxhikes; taxincreases; universalhealthcare; wardenpelosi

1 posted on 11/19/2009 5:29:19 PM PST by Kaslin
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To: alrea; bareford101; BerniesFriend; blaveda; Bookwoman; Celeste732; dsc; fanfan; Faux_Pas; ...

2 posted on 11/19/2009 5:30:45 PM PST by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

3 posted on 11/19/2009 5:32:24 PM PST by paulycy (Demand Constitutionality.)
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To: Kaslin; Clintonfatigued; 70th Division; sheik yerbouty; Nachum; NorwegianViking; MamaDearest; ...

This BS has nothing whatsoever to do with healthcare. The Pelosi/Reid DeathCare is a plot to kill off as many Americans via denying care as they can legally get by with. Anyone that believes they care about anything but their own power is a clueless moron. None of the arrogant elitists in the US Congress would take the time to come near the average citizen much less care about their health. Give me a break! They’ll shake your hand if there’s money attached to it.


4 posted on 11/19/2009 5:35:09 PM PST by ExTexasRedhead (clean the sewer in 2010 and 2012)
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To: ExTexasRedhead

They are not even trying to hide it


5 posted on 11/19/2009 5:49:13 PM PST by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin
Always, always, always it is the “Cost” and “Savings” that is touted in all Health Care articles.

Never a word about the question of why the federal gov’t should be involved at all in health care, let alone the constitutionality of the present bills.

If the opponents of this massive gov’t takeover of health care continue to focus only on the “Costs”, the real issue is ignored. The numbers can be molded into anything the libs want to meet some arbitrary point set out by those who are wavering on supporting this monstrosity.

The Repubs/Conservatives in congress need to pound home the point that the federal gov’t has no business involving itself in the management of health care, but should only involve itself in removing the current barriers placed by the federal gov’t (and encourage states to do the same), that accelerate the health care costs that provide no value to health care as a whole.

Also, the failings of Medicare and Medicaid need to be emphasized along with the outrageous cost claims made at the beginning of these programs.

These would be the winning arguments ... not how much it will cost over 5, 10, or 15 years. That is a straw dog argument.

6 posted on 11/19/2009 6:00:30 PM PST by CapnJack
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To: CapnJack

The taxes for this anti-health monstrosity start immediately. The purported bill has the plan starting in a few years. So between now and then they will steal a lot money from us with the supposed purpose of paying for the health plan. By any chance do you feel they will spend it elsewhere and/or give it to their buddies? What a bunch of TOTAL losers! Vote these morons OUT!


7 posted on 11/19/2009 6:59:15 PM PST by hal ogen
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To: hal ogen

Exactly... anyone thinks they won’t use this money to pay all their other social promises off and tell people your healthcare plan is broke when it starts to take effect... is freaking nuts!


8 posted on 11/19/2009 7:04:02 PM PST by Arizona Carolyn
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To: hal ogen

My belief is its a great china lockbox. He takes the money and gives it to china to pay the bonds. The actual money stolen from hard working Americans has never been set aside for anything.


9 posted on 11/19/2009 7:06:20 PM PST by eyedigress
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To: hal ogen
“By any chance do you feel they will spend it elsewhere and/or give it to their buddies?”

Do bears defecate in the woods?

Any new taxes they generate will be like crack to a crack head.

Imagine the frenzy of spending that will happen if this new “revenue” is generated.

Problem is, when unemployment hits 20 - 25% there won't be any new revenues.

We'll be living in a Road Warrior movie.

10 posted on 11/19/2009 8:13:38 PM PST by CapnJack
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To: hal ogen

“The taxes for this anti-health monstrosity start immediately. “

An obvious amendment would be to delay the taxes AND the program, 7 years more for both.


11 posted on 11/19/2009 8:20:11 PM PST by WOSG (OPERATION RESTORE AMERICAN FREEDOM - NOVEMBER, 2010 - DO YOUR PART!)
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To: Kaslin

http://www.freerepublic.com/focus/f-chat/2390438/posts


12 posted on 11/19/2009 8:22:14 PM PST by djf (Maybe life ain't about the doing - maybe it's just the trying... Hey, I don't make the rules!)
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They collect new taxes for FOUR YEARS and coverage costs are for SIX years.

Would you buy an health insurance policy that worked like this? We may not have a choice now will we?


13 posted on 11/19/2009 8:23:26 PM PST by listenhillary (A "cult of personality" arises when a leader uses mass media creating idealized/heroic public image)
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To: ExTexasRedhead

Look more closely ... the Stimulus bill already signed into law has provisions for funding the ‘panels’ Sarah Palin spoke of. The Unions were the largest funders for democrap elections, so now as the world economy tanks due to outrageous speculation run amok because of government backing of the speculation, the democrats are hard at work to remove the major expense to the unions, the healthcare provided by union dues. And guess what, the whole shebang is a perfect tool to crash and destroy the U.S. economy so we whimper our way into a global system of carbon manipulations, government control over energy prodcution and use, and W A G E S. Yeah, lots of folks are going to die because of healthcare mismanagement, but that is only a side benefit in demcorat minds, final power via their federal oligarchy is their goal.


14 posted on 11/19/2009 8:30:46 PM PST by MHGinTN (Obots, believing they cannot be deceived, it is impossible to convince them when they are deceived.)
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To: Arizona Carolyn

Very savvy of you! ... Do you know that 80%—at last look—of the revenue to be generated by the cap and tax scam/scheme is already promised to interests groups and not to federal tax revenues? That was necessary slush payola to get the votes to pass the killer bill through the House for conference with the Senate! SEIU employement will be powerfully tied to the new federally run ‘healthcare system’ ... and ask Mister Gladney in Missouri how SEIU treats black people.


15 posted on 11/19/2009 8:34:16 PM PST by MHGinTN (Obots, believing they cannot be deceived, it is impossible to convince them when they are deceived.)
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To: Kaslin
Its just nonsensical. If you believe you can give people a gravy train of benefits and cut costs at the same time well then broke people should be rich!

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

16 posted on 11/19/2009 8:51:48 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Kaslin

When do we reach the point that Americans will no longer tolerate this government?


17 posted on 11/19/2009 10:11:43 PM PST by krogers58
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To: Kaslin

“127” “849” focus-tested preferred numbers.

Just as stores sell items for “$8.49” instead of “$8.53”, for example, these “cost” and “savings” numbers have been massaged until they can be issued by government entities to look acceptable.

They are total fabrications - more smoke and mirrors - meant to lull us while our country is being destroyed.


18 posted on 11/20/2009 5:03:10 AM PST by maica (Freedom consists not in doing what we like,but in having the right to do what we ought. John Paul II)
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To: Kaslin
Prepare to be ill while reading this one:

The $100 Million Health Care Vote?

19 posted on 11/20/2009 5:18:31 AM PST by savedbygrace (You are only leading if someone follows. Otherwise, you just wandered off... [Smokin' Joe])
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To: Kaslin

Sadly it’s no hoax, but it is major FRAUD!


20 posted on 11/20/2009 9:09:19 AM PST by SuziQ
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