Keyword: deathspiral

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  • ObamaCare Suffers Three Major Blows In One Week

    04/23/2016 4:23:56 PM PDT · by MtnClimber · 10 replies
    Investors Business Daily ^ | 22 Apr, 2016 | Editorial Board
    Health Reform: ObamaCare rates will skyrocket next year, according to its former chief. Enrollment is tumbling this year. And a big insurer is quitting most exchanges. That’s what we learned in just the past few days. Marilyn Tavenner, CEO of America’s Health Insurance Plans, revealed that she expects ObamaCare premium hikes “to be higher than we saw previous years,” including last year, which saw double-digit rate increases across the country. Tavenner, for those who don’t know, was head of the Centers for Medicare and Medicaid Services until early 2015, which means she helped bring ObamaCare to life. In November 2014,...
  • Obamacare Guru: Meh, America's Largest Insurer Abandoning the Exchanges isn't a 'Big Blow'

    04/22/2016 1:34:07 PM PDT · by Kaslin · 30 replies ^ | April 22, 2016 | Guy Benson
    Give it time. This guy will eventually admit that the country's largest insurer pulling out of most Obamacare exchanges augurs poorly for the fiscal health of the law he championed -- just as he finally got around to conceding that the 'Affordable' Care Act isn't controlling costs.  Nothing to see here, MSNBC viewers (via the Free Beacon): Obamacare architect Zeke Emanuel: UnitedHealth leaving exchanges isn't that big a dealEmanuel claims that this story is overblown because UnitedHealth wasn't a major player in the exchanges.  They were enough of a player to lose over $1 billion in 2015 and 2016, and their concerns about...
  • Citi: World economy trapped in ‘death spiral’

    02/05/2016 8:50:37 AM PST · by Enlightened1 · 39 replies
    CNBC ^ | 02/05/16 | Katy Barnato
    The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned. Some analysts -- including those at Citi -- have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S. "The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday. "Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global...
  • Stocks panic as United Healthcare merely THINKS about dropping out of Obamacare.

    11/19/2015 9:32:13 PM PST · by JSDude1 · 20 replies
    Redstate ^ | November 19th, 2015 | Moe Lane
    The very short version: United HealthCare is the biggest health care insurance provider in the country (something like 70 million people, apparently). It is huge, it is influential, it is weighty. And UHC took a $425 million dollar haircut last year in the Obamacare exchanges, so now it’s thinking of stopping selling on the exchange by the end of next year. Note that UHC did not say that they would, merely that they might. They did this at a shareholders’ meeting, too; which suggests that a large part of that might have been due to UHC’s awareness that people were...
  • Obamacare Enters a Downward Spiral as Co-ops Fail and Enrollment Slows

    10/25/2015 7:59:46 AM PDT · by SeekAndFind · 23 replies
    National Review ^ | 10/25/2015 | by AKASH CHOUGULE
    Canceled plans, lost doctors, higher costs: That is the continuing reality for millions of Americans under President Obama’s health-care law. Unfortunately, for hundreds of thousands more, it’s about to get a lot worse. As of this week, nine of the law’s 23 state co-ops — nonprofit health-insurance companies set up to help people enroll in Obamacare — have collapsed. Over 600,000 people who enrolled in co-op health plans will lose their insurance at the end of this year. Many of them were forced into the co-ops to begin with when Obamacare canceled their private insurance policies in 2013, meaning they...
  • ObamaCare is entering its dreaded ‘death spiral’

    10/20/2015 8:44:03 AM PDT · by SeekAndFind · 55 replies
    New York Post ^ | 10/20/2015 | By Betsy McCaughey
    ObamaCare is heading toward a death spiral. The Obama administration is having trouble selling insurance plans to healthy people. That’s a big problem: When the young and healthy don’t enroll, premiums have to be hiked to cover the costs of older, sicker people, discouraging even more young people from signing up. Last Thursday, the administration predicted enrollment for 2016 will be less than half what the Congressional Budget Office predicted in March. Despite subsidies to help with premiums and out-of-pocket costs, most of the uninsured who are eligible for ObamaCare are saying “no thanks.” Only one in seven is expected...
  • Mercury News editorial: California must raise Medi-Cal reimbursement rates

    05/13/2015 3:26:25 PM PDT · by Oldeconomybuyer · 20 replies
    San Jose Mercury News ^ | May 13, 2015 | Editorial Board
    California is serving as the national model for President Barack Obama's health care reforms, but that won't continue unless the state does something about its abysmal Medi-Cal reimbursement rates for doctors and hospitals caring for the 12 million Californians with Medi-Cal coverage. Gov. Jerry Brown has a golden opportunity to fix the problem Thursday when he unveils his May revised budget plan. But don't hold your breath. It's becoming increasingly clear that the influx of 2.7 million Californians to the Medi-Cal roles is putting a strain on the state's medical system. The low reimbursement rates provide a disincentive for physicians...
  • Central bank prophet fears QE warfare pushing world financial system out of control

    01/21/2015 4:46:57 PM PST · by 9thLife · 7 replies
    The Telegraph ^ | 6:48PM GMT 20 Jan 2015 | By Ambrose Evans-Pritchard, in Davos
    The economic prophet who foresaw the Lehman crisis with uncanny accuracy is even more worried about the world's financial system going into 2015. Beggar-thy-neighbour devaluations are spreading to every region. All the major central banks are stoking asset bubbles deliberately to put off the day of reckoning. This time emerging markets have been drawn into the quagmire as well... "We are in a world that is dangerously unanchored," said William White, the Swiss-based chairman of the OECD's Review Committee. "We're seeing true currency wars and everybody is doing it, and I have no idea where this is going to end."...
  • Obamacare Architect: 'Could Be the Beginning of a Death Spiral'

    11/15/2013 7:10:40 AM PST · by Evil Slayer · 68 replies
    Weekly Standard ^ | 11/15/13 | DANIEL HALPER
    Harvard professor David Cutler, a so-called architect of Obamacare, says we "could be" witnessing "the beginning of a death spiral" for the unpopular health care bill. Cutler made the comments last night on Fox News: "So when you were on last week I asked you, if they don't get enough people in the exchanges, then what happens?" said host Megyn Kelly. "And you said then the premiums go up very, very high. Now, was that ball put in motion today?" "We don't know yet," said Cutler. "So what the president is trying to do is to say the website is...
  • Obamacare: Does Buying Health Insurance Make Sense for You?

    11/02/2013 6:45:49 AM PDT · by Kaslin · 23 replies ^ | November 2, 2013 | Political Calculations
    et's suppose for a moment that you actually could buy health insurance through Obamacare's state and federal government-run exchanges. How high would your health care expenses have to be to really justify buying that kind of insurance? Previously, when we asked if you even need health insurance, we identified a number of situations where having health insurance would be most beneficial to you (Sean Parnell adds to that discussion here). All the scenarios came down to one basic reality: buying health insurance is most worth doing when you can reasonably expect to have high health care expenses in the next...
  • The Smell of Panic [call for bipartisan fix so GOP "owns" part of Obamacare]

    10/30/2013 1:59:50 AM PDT · by Cincinatus' Wife · 16 replies
    Ricochet ^ | October 30, 2013 | Pejman Yousefzadeh
    Jonah Goldberg has a lot of fun at the expense of Greg Sargent, who is less a journalist and more a hack on behalf of the Obama administration, and the Democratic party. But in the midst of the entirely warranted Sargent-bashing, let’s not forget that Sargent’s calls for a bipartisan fix to Obamacare’s problems reek of fright and desperation. As Goldberg properly notes, “[t]he president and the Democrats lied us into a bad law. The Right opposed the law on principle. A single party — the Democrats — own this law in a way that no party has had complete...
  • Young and healthy needed to make Obamacare mandate work (MSM worried Obamacare will fail)

    10/01/2013 8:12:09 PM PDT · by tobyhill · 19 replies
    cnn ^ | 10/1/2013 | By Jen Christensen
    Lauren Zanardelli and Graham Foster are the kind of customers the government needs to make Obamacare work. The chefs own and operate a bright orange hipster magnet called the Neue Southern Food Truck. The farm-to-table vehicle stands out in Greenville, South Carolina, even among the new gastropubs that dot the city's charming Main Street. Today Zanardelli and Foster are zooming around their rented kitchen on the edge of town, preparing deep-fried Brussels sprouts, Ramen with seaweed and pumpkin sweet rolls. They won't have time after their 12-hour work day to explore the new health insurance marketplaces that opened this morning,...
  • 'Young Invincibles' Better Off Without ObamaCare

    08/15/2013 5:14:01 AM PDT · by IBD editorial writer · 14 replies
    Investor's Business Daily ^ | 08/15/2013 | John Merline
    Nearly 4 million young people will be much better off financially if they refuse to buy an ObamaCare insurance policy and instead pay the fine for going without coverage next year, according to a study released Thursday by the National Center for Public Policy Research. The study found that 3.7 million childless single people age 18-34 would save at least $500 if they didn’t buy insurance and instead paid the tax penalty next year. Of those, more than 3 million would save at least $1,000. That’s despite the heavy taxpayer subsidies many of these young people would be eligible to...
  • It's All Coming Apart

    04/19/2011 3:42:44 AM PDT · by Scanian · 53 replies
    The American Thinker ^ | April 19, 2011 | Monty Pelerin
    Despite Government propaganda and manipulated statistics to the contrary, our economy continues to deteriorate. For every "green shoot" highlighted by the Government and its lackey media, multiple contra-examples are cited by independent analysts. To continue to deny reality risks credibility. Perhaps that is why S&P, arguably a sock-puppet of Wall Street, on Monday made its announcement regarding the financial condition of the US. As reported by the Wall Street Journal: "Standard & Poor's Ratings Services Inc. cut its outlook on the U.S. to negative, increasing the likelihood of a potential downgrade from its triple-A rating, as the path from large...
  • ECB Says Government Funding May Crowd Out Banks’ Bond Issuance

    05/31/2010 11:41:32 AM PDT · by the invisib1e hand · 3 replies · 254+ views
    unspeakable name ^ | 053110 | them
    government competes with private sector for resources. who didn't see this coming?
  • The Welfare State's Death Spiral

    05/09/2010 9:34:19 PM PDT · by george76 · 54 replies · 1,800+ views
    Washington Post ^ | May 10, 2010 | Robert Samuelson
    What we're seeing in Greece is the death spiral of the welfare state. This isn't Greece's problem alone, and that's why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven't fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies. Americans dislike the term "welfare state" and substitute the bland word "entitlements." The vocabulary doesn't alter the reality. Countries cannot overspend and overborrow forever. By delaying hard...
  • Washington Post Co. to Sell Newsweek (Dumpin' It: Dinosaur Media DeathWatch™)

    05/05/2010 7:57:52 AM PDT · by quesney · 52 replies · 1,109+ views
    <p>The Washington Post Co. announced today that it has retained Allen & Company to explore the possible sale of NEWSWEEK magazine.</p>
  • CNN plans nothing drastic to stem ratings drop (Dinosaur Media DeathWatch™)

    04/14/2010 2:56:57 PM PDT · by abb · 36 replies · 777+ views
    Los Angeles Times ^ | April 14, 2010 | Matea Gold
    CNN executives on Tuesday said they had no imminent plans to change the network's prime-time lineup, despite a steep fall-off in viewership but suggested they are stepping up efforts to boost the performance of the current slate of shows. "We always look to make change throughout CNN, we always have, across all of our businesses. As far as any specific plans to make any specific changes in prime time, no," said CNN Worldwide President Jim Walton on Tuesday morning after the network's upfront presentation to advertisers. "Because there can be changes within what we're doing. A lot of it is...
  • Budget deficit triples to $957 billion for year

    04/10/2009 11:43:22 AM PDT · by Ravi · 29 replies · 1,630+ views
    MW ^ | 4/10/09 | mw
    WASHINGTON (MarketWatch) -- The U.S. federal budget deficit rose to a record $956.8 billion in the first six months of the fiscal year after the government stepped up spending to cope with a recession that has depressed tax receipts, the Treasury Department reported Friday.
  • Ford Dropped to 4th Place in Market Share Last Month

    12/03/2006 1:05:12 AM PST · by Zakeet · 64 replies · 1,036+ views
    The New York Times ^ | December 2, 2006 | Nick Bunkley
    DETROIT, Dec. 1 — Sales by the Ford Motor Company declined even more last month than its management had expected. The company fell into fourth place in November for the first time in its history, behind Toyota Motor of Japan and the German-American automaker DaimlerChrysler, figures released Friday show. Ford sold 10 percent fewer vehicles than it did a year ago, sending its market share in the United States down to 14.8 percent from 16.9 percent last November, according to Ward’s AutoInfoBank. By contrast, Toyota’s sales increased 16 percent, giving it a market share of 16.5 percent, while DaimlerChrysler, which...
  • Our Mother Jesus . . . a sermon by US church's new head

    06/21/2006 5:08:05 PM PDT · by pissant · 93 replies · 1,993+ views
    London Times ^ | 6/22/06 | staff
    The Episcopalians are in disarray as their primate shows her feminist credentials THE Episcopal Church in America descended into chaos last night after leading bishops on both the liberal and conservative wings dissassociated themselves from a last-gasp effort to avert a schism with the worldwide Anglican Communion. Just hours after its newly elected woman head preached a sermon in praise of “our mother Jesus”, the Episcopal Church agreed to “exercise restraint” in appointing any more gay bishops after a tense day of debate and argument. The Archbishop of Canterbury, Dr Rowan Williams, welcomed the resolution with gratitude and what appeared...
  • Joe Scarborough : Who cares if GOP loses Congress ?

    04/23/2006 5:59:31 PM PDT · by SirLinksalot · 222 replies · 4,224+ views
    Jewish World Review ^ | 04/22/2006 | Joe Scarborough
    Who cares if GOP loses Congress? By Joe Scarborough Who really cares if Republicans lose Congress? Certainly not GOP leaders in the US House. As the Wall Street Journal reported, the Republican pigs running Congress are wasting more money than those big-spending Democrats ever did. Last month's deficit was the highest ever. But while Rome burns, Republicans obsess over their earmarks. Conservative Republicans. What an oxymoron. There is nothing conservative about the party to which I once proudly belonged. Like millions, I am disgusted by my party and their leaders. A handful of responsible adults still understand the need for...
  • "Democrats Filibuster - Women and Minorities Hardest Hit" (lib media's glory days gone forever!)

    05/23/2005 12:42:32 PM PDT · by CHARLITE · 4 replies · 1,005+ views
    THE RANT.US ^ | MAY 23, 2005 | MR. SMITH
    One of Rush Limbaugh's favorite jokes is about how God has a press conference to warn humanity that the world will end the next day. The headlines vary according to style. New York Daily News has "We're Gone!" in huge type. Wall Street Journal says "Markets to Close Early." Washington Post runs "World Will End - Women and Minorities Hardest hit." For decades, liberal activists and Democrat pollsters have finely tuned their rhetoric through focus groups, polls and so forth and it's curious that they don't see what's looming for them on the election horizon. Contrary to their protestations, their...
  • We find FR wips simple-minded surrogates into submission based upon government dawgs.

    03/31/2002 4:31:47 PM PST · by Buckeroo · 588 replies · 2,357+ views
    The loss of personal opinion upon FR is increasing. We might as well give up our lives, our stake for personal property and natural rights to ADMIN_MODERATOR.
  • CA: Davis losing critical backers

    08/15/2003 9:45:50 AM PDT · by NormsRevenge · 8 replies · 235+ views
    Mercury News ^ | 8/15/03 | Linda Goldston and Laura Kurtzman
    <p>With less than two months to go, the number of voters ready to replace Gov. Gray Davis continues to grow as he faces pronounced defections among those critical to his success -- Democrats, moderates and Latinos.</p> <p>The latest Field Poll, released today, found that 58 percent of likely voters now support the Oct. 7 recall, compared with 37 percent who oppose it. The spread is much wider and much worse for Davis than it was just a month ago when 51 percent supported the recall and 43 percent opposed it.</p>
  • How low will GM take prices?

    06/05/2003 4:05:36 PM PDT · by BurbankKarl · 13 replies · 230+ views Still not low enough...the Japanese are offering 0.9% financing now....they might drop it to 0.0%...but they will make it up in deflationary times though.