My reaction to the Drudge headline was the same as yours.
Buffett is right. Healthcare costs are tough on business, which is having enough trouble in this economy as it is. We need a fix, just not an Obama fix.
Not yet, but remember AARP said at first it didn't support Obamacare.
The first thing we can do is to not allow illegals to receive free health care and ending the “anchor baby” clause. After that we can go for tort reform.
Combine those and we would go most of the way to clear up our monetary problems.
I saw Buffet on CNBC this morning. I only tuned in foe a few minutes. But in that time I saw him defend big gov, dimiss the tea party movement, and take a cheap shot a Sara Palin with a palm note joke.
More proof that our national socialist elite want the government to take on health care costs so they can reap more private profits.
Buffett is scum and an Obama pal. He has made a lot of his billions at te govt trough and on insurance manipulation. He is as bad as Soros.
Buffett is a friend of Obam aand supported his election. He is scum. All those “capitalist” Buffett-bots who go to Omaha to hear the Oracle need to pay a LOT more taxes because Warren’s love for Hussein. Buffett is vermin. The Ben Nelson billionaire of Nebraska.
The biggest problem is the disconnection between receiving the service and paying for it, and any form of national insurance only increases that disconnection. People no longer make choices based on cost so they spend as much as available. In a normal market that drives up costs, brings in more suppliers and limits the marginal demand. With Obamacare fewer people will become doctors and fewer medical machines and drugs will be invented and sold so supply will descrease. With decreased supply and increased demand if prices are foced down, there will be a lot more demand than supply and external rationing will be the only possible result.
Indeed, this is a discussion that the Fair Tax needs to pick up. We must decide where to draw the line: who is indigent and deserves our help and who must be expected to carry their own weight, and if possible help those who cannot.
We have declined to have this discussion because of the obvious reason: people have the right to vote and participate in the political process irrespective of their economic status. Poverty pimping is a proven career path for politicians. It is almost suicide for pols to ask the public these questions. Yet we must decide this.
The alternative is to allow “poverty programs” to offer so many benefits that too many people think it is better to sign up for them rather than to work. Already the average poor person in the US has airconditioned living quarters that are more spacious on average than those of the average middle class person in Europe. The average poor person has a washing machine, a color TV and a cell phone. The average poor person can go to a doctor and have any serious condition addressed yet not pay a penny.
So, it is natural that “poor” people (that is those who qualify for these programs) will vote for pols who promise more. We are dangerously near the point where these people form a parasitic class that threatens to kill the host. And is is no surprise when they vote themselves subsidized home loans and lowered lending criteria. This is exactly the dynamic of the Community Reinvestment Act, that lead to the mortgage debacle and collapse. It is exactly this dynamic that brings us to where the President would think it proper to “spread the wealth around”.
We must do all we can to put Leviathan back in his cage where he belongs.
They want to take away the good health care of 270 million to give lousy care to a phantom 30 million to make their grand plans work. Shove it. We worked too hard and too long for those benefits. Take your thirty million illegal benefit sucking potential voters/customers and stick it where the sun don't shine. Nothing like a little back stabbing of the loyal to open up your eyes. Fight organized crime, reelect none of the self serving, pocket lining fools.
Yes, but Buffoon endorsed President Narcissus, so somewhere along the line, he drank the Obeyme Koolaid.
Does it ever occur to any of these windbags that cost are high because healthcare is delivered by highly trained people using highly sophisticated instruments developed by incredibly smart scientists who are subjected to incredibly expensive govt regulation?
You listen to these windbags talk and you get the impression that they want brain surgeons to work for minimum wage.