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[Warren] Buffett: Scrap Obamacare and Start All Over
moneymorning.com ^

Posted on 11/01/2013 1:33:38 AM PDT by grundle

When asked, "Are you in favor of scrapping [Obamacare] and going back to start over?", famed investor Warren Buffett said on CNBC March 1, 2010, "I would be — if I were President Obama.”

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


TOPICS:
KEYWORDS: obamacare

1 posted on 11/01/2013 1:33:38 AM PDT by grundle
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To: grundle

Scrap Obama and Start All Over

There. Fixed it.

Send him back to Kenya. Or Indonesia.


2 posted on 11/01/2013 1:35:31 AM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: grundle

Take all by itself, the perfect storm of political circumstances; a Democratic House, Senate and President would not allow anything resembling this bill to pass. Also, they had one trip to the well and virtually the entire country now knows what would happen. (Though, 40% don’t know why it happened; that statist solutions are doomed by incontrovertible economic laws.)


3 posted on 11/01/2013 1:46:40 AM PDT by Gen.Blather
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To: grundle

Got the word today
In Patient hospitalization up 6000%


4 posted on 11/01/2013 1:49:58 AM PDT by Rome2000 (THE WASHINGTONIANS AND UNIVERSAL SUFFRAGE ARE THE ENEMY -ROTATE THE CAPITAL AMONGST THE STATES)
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To: grundle

Warren Buffet, you old dirty rat, are you jumping ship like your fellow rats?


5 posted on 11/01/2013 2:01:52 AM PDT by jonrick46 (The opium of Communists: other people's money.)
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To: grundle
 photo DRUDGE11-01.jpg
6 posted on 11/01/2013 3:18:17 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: grundle

"It's not supposed to be falling apart this fast!"

"It's those stupid users! They don't know how to work a damned website!"


7 posted on 11/01/2013 3:34:59 AM PDT by COBOL2Java (I'm a Christian, pro-life, pro-gun, Reaganite. The GOP hates me. Why should I vote for them?)
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To: grundle

“Let the carnivorous Obamacare plant die on the vine.”


8 posted on 11/01/2013 3:35:49 AM PDT by Seeing More Clearly Now
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To: F15Eagle
...maybe a little blow - maybe a lotta golf...
9 posted on 11/01/2013 3:43:37 AM PDT by devolve (- "He's (Obama) just 'too talented' to do what 'ordinary people' do." - Iran-born Valerie Jarrett)
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To: grundle

Replace it with what? The Dems have no other ideas, so for them it’s Obamacare or nothing. For the Republicans it’s nothing. So Buffet’s argument is flawed to begin with.


10 posted on 11/01/2013 3:55:56 AM PDT by DoodleDawg
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To: grundle

A little too late, the horse is already out of the barn. Insurance companies have already dropped hundreds of thousands of customers. Don’t think they will just readily take them back like nothing happened.


11 posted on 11/01/2013 3:58:41 AM PDT by ImNotLying (Obama's Biggest Lie: If you like your Constitution, you can keep it.)
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To: DoodleDawg
Replace it with what? The Dems have no other ideas, so for them it’s Obamacare or nothing. For the Republicans it’s nothing.

GOOD!!! The federal government has no business running health care to BEGIN WITH!

12 posted on 11/01/2013 3:59:44 AM PDT by JennysCool (My hypocrisy goes only so far)
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To: grundle

this post is nothing but an advertisement for investor advice….


13 posted on 11/01/2013 4:02:03 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: grundle

Oh Dear God No


14 posted on 11/01/2013 4:03:58 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Rome2000

What just might save us is the timing of the obamacsre rollout. It coincides with open enrollment at most companies across the country. People are just beginning to find out the bad news. It will continue through mid November.


15 posted on 11/01/2013 4:13:03 AM PDT by jersey117
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To: grundle

How about scrap the whole damn thing and let the states worry about it as it should be.


16 posted on 11/01/2013 4:25:10 AM PDT by DeWalt (Times are more like they used to be than they are today.)
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To: grundle

He said this in 2010? What would he say today?


17 posted on 11/01/2013 4:29:54 AM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: DoodleDawg

The Republicans are ready to go with the laws to replace the debacle. Actual doctors have been hard at work developing the systems.

Dr Ben Carson told the President to hid face the disaster was afoot and he had the remedy.

The proposed system will be market based rather than government based. It will include tort reform to end the lawyer predation (both plantiff and defense ae the predators on the system)


18 posted on 11/01/2013 4:39:13 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: jonrick46

Warren Buffet, you old dirty rat, are you jumping ship like your fellow rats?
____________________

No he is introducing single payer.


19 posted on 11/01/2013 4:48:22 AM PDT by Chickensoup (we didn't love freedom enough... Solzhenitsyn.)
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To: grundle; jonrick46

He said this in 2010. Who knows what he thinks now?

The article also points out that while the financial and health impact on the average citizen is going to be horrible, one group, investors, stands to make a fortune by investing in the government approved companies.


20 posted on 11/01/2013 4:54:42 AM PDT by livius
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To: DoodleDawg
Replace it with what?Medmal (tort) reform, Medicaid/medicare reform. It's either that or 'single payer'. We are stuck with making some tough decisions.
21 posted on 11/01/2013 5:02:07 AM PDT by lwd
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To: Gen.Blather
40% don’t know why it happened; that statist solutions are doomed by incontrovertible economic laws.

I don't know what incontrovertible means (is that a type of open top car?), but President 0bama said he was going to repeal those laws, and he's the President. He can do anything he wants.

/ voice of that moronic 40%

22 posted on 11/01/2013 5:14:08 AM PDT by Hardastarboard (You can keep your doctor - if you lock him in your basement.)
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To: COBOL2Java

LOL!!! ALWAYS blame the users!


23 posted on 11/01/2013 5:14:34 AM PDT by Hardastarboard (You can keep your doctor - if you lock him in your basement.)
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To: DoodleDawg

The Texas model already showed success in 30% cheaper premiums, 30% reduced actual costs, and an influx of doctors.

It’s easy:
Tax free HSAs,
Tax free catastropic health insurance premiums,
Tort reform,
interstate insurance competition.


24 posted on 11/01/2013 5:16:45 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: DoodleDawg

Well actually the Republicans had several good ideas both the democrats and media (well, they’re actually the same!) completely ignored.

One was allowing insurance to be sold across state boundaries. This would allow the marketplace to be used to its full potential and ensure the costs could be shared across far more subscribers.

How about the Republican idea of making health insurance completely portable so workers can take their plans with them from job to job. This means giving individuals who buy coverage for themselves a tax advantage similar to the one that employers enjoy when they cover employees.

How about reining in frivolous, expensive lawsuits that keep doctors performing hundreds of unnecessary tests to keep lawsuits away? Tort reform would go a long way to lower costs.

All three of these were advocated by Republicans.


25 posted on 11/01/2013 5:32:42 AM PDT by Alas Babylon!
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To: grundle

It’s a trap. If we let him start over, it will be ...

If you like your handguns, you will be able to keep your handguns. Period.

If you like your rifles, you will be able to keep your rifles. Period.

No one will take them away. No matter what.


26 posted on 11/01/2013 5:33:20 AM PDT by OwenKellogg (Fundamental transformation sucks.)
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To: OwenKellogg

I think starting over will work.. WARREN!!

O’bummer should ARREST YOU- and use your Fabulous Wealth
To help fix O’bummer care for the poor—

For good measure - your Whole family (and secretary) can
work in the Gulag for their new masters- and if your 50
billion does not fix obummer care— we will have your card playing
partner Bill Gates join you!


27 posted on 11/01/2013 5:43:00 AM PDT by mj1234
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To: ImNotLying

Yes, it is their business to sell policies.

Get the government out of the way and they will create products that people want to buy.


28 posted on 11/01/2013 5:44:31 AM PDT by dangerdoc (see post #6)
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To: grundle

How about we hang domestic economic terrorist Warren Buffett as part of the deal?


29 posted on 11/01/2013 5:53:26 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: bert
It will include tort reform to end the lawyer predation (both plantiff and defense ae the predators on the system)

Over half the states have already implemented tort reform. It hasn't slowed the increase in insurance costs there.

30 posted on 11/01/2013 6:01:39 AM PDT by DoodleDawg
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To: Alas Babylon!
One was allowing insurance to be sold across state boundaries. This would allow the marketplace to be used to its full potential and ensure the costs could be shared across far more subscribers.

One of the few ideas I've seen that I think would honestly make a difference in prices.

How about the Republican idea of making health insurance completely portable so workers can take their plans with them from job to job. This means giving individuals who buy coverage for themselves a tax advantage similar to the one that employers enjoy when they cover employees.

My employer covers about 80% of my insurance costs. Take them out of the equation and I have to pick up the whole premium, and foot hundreds of dollars per month in out of pocket costs. Where is that an improvement?

How about reining in frivolous, expensive lawsuits that keep doctors performing hundreds of unnecessary tests to keep lawsuits away? Tort reform would go a long way to lower costs.

Tort reform is in place in about half the states. Where has it made a difference?

31 posted on 11/01/2013 6:05:31 AM PDT by DoodleDawg
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To: grundle

Amazing how many medicriminals have profited on this dog’s-breakfast of misrules—especially the writers of spaghetti-code software -—


32 posted on 11/01/2013 6:57:27 AM PDT by imardmd1 (Fiat Lux)
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To: grundle

Scrap Obamacare — and start dismantling Medicare too.


33 posted on 11/01/2013 7:10:27 AM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: C. Edmund Wright
this post is nothing but an advertisement for investor advice….

Particularly since he said this in 2010, got the call from the chicago thug ... and has walked it completely back. Uncle Warren is politically senile.

34 posted on 11/01/2013 8:04:09 AM PDT by Servant of the Cross (the Truth will set you free)
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To: Servant of the Cross

Senile? Or just shameless?


35 posted on 11/01/2013 8:05:58 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: grundle

A little late. Impeach Obama.


36 posted on 11/01/2013 9:11:00 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: b4its2late

I say start from the very beginning of this nightmare...in 2008...and scrap it and start all over again....with a different President.


37 posted on 11/01/2013 2:53:49 PM PDT by pallmallman (Q)
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To: Arm_Bears

me like head on pike much better... send the message


38 posted on 11/01/2013 2:56:26 PM PDT by apostoli (Time to thump the nose of the parrots.)
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To: grundle
"Scrap Obamacare and start over."
39 posted on 11/01/2013 2:58:18 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: pallmallman

Sounds excellent to me.


40 posted on 11/02/2013 6:18:17 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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