A Point of No Return?

Real Clear Politics ^ | March 23, 2010 | Thomas Sowell

[COUNTrecount]

With the passage of the legislation allowing the federal government to take control of the medical care system of the United States, a major turning point has been reached in the dismantling of the values and institutions of America.

Even the massive transfer of crucial decisions from millions of doctors and patients to Washington bureaucrats and advisory panels-- as momentous as that is-- does not measure the full impact of this largely unread and certainly unscrutinized legislation.

If the current legislation does not entail the transmission of all our individual medical records to Washington, it will take only an administrative regulation or, at most, an Executive Order of the President, to do that.

With politicians now having not only access to our most confidential records, and having the power of granting or withholding medical care needed to sustain ourselves or our loved ones, how many people will be bold enough to criticize our public servants, who will in fact have become our public masters?

[softwarecreator]

And yet, the stock market is up both days since this disaster passed.  I do not understand stocks that well, so why is that happening?

[Slyfox]

The latest poll I saw on my local FOX affiliate asked doctors if they had it to do over again would they stay in medicine or choose another profession.

63% said they'd find another line of work. Which means that 63% may be finding early retirement if Obamacare kicks in to high gear.

[quesney]

because health care companies are big winners — more customers funded by taxpayers...more specifically by a government that doesn’t do much cost control. It’s a bonanza for DC-Wall Street.

[brytlea]

I realize this is impossible, but I have this fantasy that embedded in the bill is term limits! How would they know? They haven’t read it.

[AngelesCrestHighway]

[brytlea]

This might help you understand.
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003221842dowjonesdjonline000433&title=at-a-glancemost-health-care-stocks-close-up-after-overhaul-ok

[nmh]

Consulting contracts that are needed for the overhaul of our records. Can you imagine how much THIS wll cost?

I was also suprised the stock market didn’t tank today. BUt maybe it is for the contracts and stuff needed to make this nightmare a reality.

[beaversmom]

The last opportunity that current American citizens may have to determine who will control Congress may well be the election in November of this year. Off-year elections don't usually bring out as many voters as Presidential election years. But the 2010 election may be the last chance to halt the dismantling of America. It can be the point of no return.

[kabar]

The gains for the health care companies will be short lived. They will have to accept all kinds of people with preexisting conditions, the lifetime caps are lifted, the government will dictate what should be in the insurance plans, and the factors contributing to increased costs of health care will not be contained.

As a result, the health care companies will continue to raise premiums. There will be a public outcry and the government will offer the public option. Eventually, the the vast majority of private companies will go out of business, unable to compete with the government. This is just the first step to totally run government health care.

[Hostage]

The more important imdicator if a moving average of volume. It has a downward trend.

With low volume there is naturally more volatility. A few funds place orders to transfer in and out of stocks and the effect is to amplify the ups and downs.

Also the bond market is shaky, fund managers know this and are moving funds to equities.

But the key is to see the volume is decreaing month over month. That means there is no bull of buyers coming into the markets. Thre is little interest.

One more significant factor is end-of-quarter window dressing. Fund managers need to get a number for their pension fund clients. With low volume it is easy to do.

Markets will see downtrend in April and May.

[PA-RIVER]

I had a dream last night... a very bloody dream....

Health care collapses.

Hussien escapes the country on Airforce one as Generals march toward the white house with his Indonesian Citizenship papers.

Biden, Pelosi, and Reid are not captured before the masses can get to them.

[griswold3]

This isn’t about Health Care!
This is about centralized control of economics.

[Uncle Miltie]

FTS. Civil disobedience. Refuse to pay unconstitutional penalties. When they come to imprison you as a political prisoner, apply a dose of lead.

[Logical me]

Right, and that is just the tip of the iceberg.

[quesney]

You nailed it, kabar. I didn’t say the market was far-sighted. It certainly didn’t factor in how much worse this’ll make the already bad business climate.

[Uncle Miltie]

"This is about centralized control of economics."

This is about who controls whom.

You are now a slave. Liberals own you.

[Kenny]

And we absolutely have to remind voters daily of what is coming in this bill. The article is right that they won’t see it right away and will therefore believe the lies that there’s no real negative impact from this bill.

On-line records is another huge problem voters should know about. We need to keep the msg simple though, they’re saying “Look, you’re ok and it passed.”

We need to say “Wait, here’s what’s coming and when.”

[absalom01]

“What will it matter if Obama’s current approval rating is below 50 percent among the current voting public, if he can ram through new legislation to create millions of new voters by granting citizenship to illegal immigrants? That can be enough to make him a two-term President, who can appoint enough Supreme Court justices to rubber-stamp further extensions of his power.”

Per usual, TS hits the nail on the head.

It’s not the end of the world, but you can sure see it from here.

[softwarecreator]

Now that is one heck of a dream and it may be coming to a country near you very soon!