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Peter Schiff: Affordable Care Act Will Backfire
Capitalism Magazine ^ | September 11, 2012 | Peter Schiff

Posted on 09/25/2012 7:24:18 PM PDT by 2ndDivisionVet

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To: Sioux-san

It did nothing to increase the pool of physicians. Therefore, the wait times will increase exponentially. Just look at Apple. When they come out with a new I Phone, the masses line up to purchase a new phone, even if they already have one that works fine. The stores run out of product, leaving those poor saps empty handed. Take a number, get in line.


21 posted on 09/25/2012 11:58:00 PM PDT by Semperfiwife (The poor huddled masses that came to America came for Freedom, not free stuff.)
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To: 2ndDivisionVet
I had a tooth abscess, edema in my feet and when they took my BP it was something like 205/94.

Did they draw any connection between those three dots? Is there any to be drawn?

22 posted on 09/26/2012 12:19:03 AM PDT by cynwoody
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To: cynwoody
Exactly. I'm going to try and get some help at my local VA outpatient clinic, but am not optimistic.
23 posted on 09/26/2012 12:29:36 AM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: Semperfiwife
It did nothing to increase the pool of physicians. Therefore, the wait times will increase exponentially. Just look at Apple. When they come out with a new I Phone, the masses line up to purchase a new phone, even if they already have one that works fine.

Except in Apple's case, they'll do their damndest to fulfill the order pipeline, because each additional iPhone delivered is another boost to Apple's bottom line.

Unfortunately, that is not the case for health care: each additional patient is a further dent in the bottom line. Recall that the First Lady's last private sector job (at $317K/yr), before she got into school lunches, was to help the University of Chicago Medical Center dump its emergency room patients on less well connected providers.

even if they already have one that works fine.

But why wouldn't they want one that works even better? If it's a free-market, arms-length transaction, not coerced by the government, it is beyond your criticism!

24 posted on 09/26/2012 12:36:54 AM PDT by cynwoody
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To: 2ndDivisionVet

Ping for later reading


25 posted on 09/26/2012 12:39:53 AM PDT by Ravi
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To: zeestephen
Every generation will need to attract tens of millions of new younger immigrants just to pay for the older generations.

The new young illegals being no more stupid than their older cousins, they'll stay off-balance-sheet on a cash basis, too, and avoid the whole steenking mess ..... and just go to the ER and plead poverty (concealing the $40,000 cash stash under the living-room couch) when they need medical attention.

26 posted on 09/26/2012 2:03:37 AM PDT by lentulusgracchus
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To: 2ndDivisionVet
Most healthy young people know that they are losing money to insurance providers, at least in the near term. That is the nature of insurance. You pay to prevent costly exposure to an unlikely event.

The flip side of this is known as the Gaming Industry in the real world.

27 posted on 09/26/2012 3:21:01 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: 2ndDivisionVet

Oh, just QUIT with all that math stuff!

Obama PROMISED it would work!


28 posted on 09/26/2012 3:22:05 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: 2ndDivisionVet

Sorry about your wasted time at the VA. I hope you will be seen soon. This article nicely describes the various pitfalls and shortcomings of the looming clusterf&%k headed our way. I’m curious...Has anyone gleaned any inkling, other than burocracies and new taxes, of just what kind of care an insured might expect under this plan? Keep in mind that most goverment officals and accountants tend to view healthcare rather like assembly lines...one size fits all. Never mind that each individual needs specific treatments and regimens. I see a large wall in the not too distant future and we will all go splat...just like Wily E Coyote


29 posted on 09/26/2012 3:46:30 AM PDT by Artie (We are surrounded by MORONS)
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To: zeestephen
The fatal flaw of this Ponzi scheme. Every generation will need to attract tens of millions of new younger immigrants just to pay for the older generations.

The deeper fatal flaw: Every generation will need to attract tens of millions of new younger immigrants who earn enough to pay enough taxes to pay for the older generation. Letting in millions of unskilled immigrants who consume more in government benefits than they pay in taxes is counter-productive.

30 posted on 09/26/2012 4:05:48 AM PDT by PapaBear3625 (Charlie Daniels - Payback Time http://www.youtube.com/watch?v=EWwTJj_nosI)
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To: 2ndDivisionVet

This is a travesty. Our vets deserve better treatment than this.

Sadly, I think this is coming soon to all hospitals, thanks to ZippyCare.


31 posted on 09/26/2012 4:06:22 AM PDT by generally (Don't be stupid. We have politicians for that.)
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To: 2ndDivisionVet

Now that Lord Roberts has declared ObamaCare a tax of the realm, Pacific Legal Foundation intends to call him out on it....

“Congress ignored the Constitution’s Origination Clause when it enacted the Obamacare “tax.” We’ve also asked the court to declare the Individual Mandate unconstitutional under the Commerce Clause—thereby clarifying whether Chief Justice John Roberts’ opinion is binding precedent, or merely non-binding “dicta,” as some lawyers have argued.”

“The Origination Clause requires “all bills for raising revenue” to “originate” in the House of Representatives. But the Obama Administration’s health care law did not originate in the House; it originated in the Senate, when Senator Harry Reid “amended” a bill the House had passed by striking out all of its text and replacing it with the Senate-written bill that eventually became Obamacare”

http://blog.pacificlegal.org/2012/plf-takes-the-next-step-in-challenging-obamacare/


32 posted on 09/26/2012 4:11:34 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: 2ndDivisionVet

Interesting ideas in this article. The Law of Unintended Consequences is going to bite back.

The problem is, that once people figure out they can take advantage of the law by dropping insurance coverage, there will be yet another wave of coercive laws to deal with the situation. The most likely outcome will be that they will raise the “penaltax.”

When the IRS was started, income tax was low (1%-7%) and it was only on “the very rich” and it was temporary. Almost 100 years later, tax rates are sky high, and the middle class is bearing a heavy burden.

Like every other government tax, the camel’s nose gets under the tent by promising that the tax will be on “the other guy” not on you.

Like the sign in the bar: We cheat the other guy and pass the savings along to you.


33 posted on 09/26/2012 4:18:17 AM PDT by generally (Don't be stupid. We have politicians for that.)
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To: 2ndDivisionVet

Later


34 posted on 09/26/2012 4:46:39 AM PDT by I_be_tc
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To: sickoflibs; All
Great analysis on the flaws of Obamacare

Obamacare is NOT flawed. It is working exactly as designed.

You just don't understand its purpose, for which its design is flawless.

35 posted on 09/26/2012 4:54:38 AM PDT by Jim Noble (Diseases desperate grown are by desperate appliance relieved or not at all.)
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To: mo

They should also look into the law’s equal application. We know theOne has given waivers to this law to favored, connected groups. We know further that Roberts’ upholding of the constitutionality of this law was specifically because he agreed with the administration’s characterization of the mandate as a tax. I don’t know the particulars of all laws, but I’m pretty sure that the executive branch cannot “waive” lawful taxes due from anybody without legislative action.


36 posted on 09/26/2012 5:32:54 AM PDT by Sgt_Schultze (A half-truth is a complete lie)
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To: Elsie

I have experience with those that support socialized healthcare, and think that ACA is IT.

They really do believe that all healthcare will now be free on demand, and they REALLY won’t listen to anything to the contrary.


37 posted on 09/26/2012 5:36:37 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Semperfiwife

I expect the pool of physicians to decline precipitously - those that can get out of the profession will go, and mid-level gatekeepers will try to fill the gap. Hillary was planning for this during her reign with Bubba. Remember when she said America has too many doctors and the medical schools were cut back. Simultaneously, foreign doctors were encouraged to come here, leaving their countries in the lurch.


38 posted on 09/26/2012 5:50:15 AM PDT by Sioux-san
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To: sickoflibs; 2ndDivisionVet; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; Gilbo_3; ...

” Unless we can summon the political will to repeal the poorly conceived law, we should all brace for higher health care costs, many more layers of impenetrable federal bureaucracy, a significantly weaker economy, diminished employment opportunities, and lower living standards.”

Wreck the middle class.....the goal all along.


39 posted on 09/26/2012 8:43:04 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker

Wait until the 1% tax on all your financial transactions hits your personal & business bank accounts!!

Just think: The golfer who won the Fed Ex Cup last Sunday won $10 million.

The fee to Red Ex for writing that check is $100,000 and the fee for that man to put the check into his bank account is $100,000!!! Whatever Snedecker does with those funds—even the income tax check he writes to the IRS will get another 1% fee on it!!

If he puts it into a Money Market or Savings-—another 1% fee. When he takes it out of savings in the future—ANOTHER 1% fee!!!

Think on this a little bit===

The airlines got $1.7 BILLION from passengers on extra bag fees in just the furst 6 months of 2012. When the airlines deposit that kind of baggage fee money after Jan 1st, that 1.7 Billion $$ would get tgged with fees of $17 MILLION to Obama!!!

Every one of you who have income or a business needs to think hard about this.

Even people like me on Soc Sec get dinged with the fee—on the money INTO my account every month & on every penny OUT of the account every month. I will cost me over $250 annually & I am scrimping now.


40 posted on 09/26/2012 9:44:38 AM PDT by ridesthemiles
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