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2005 Apr 11, 5:00pm   192,871 views  117,730 comments

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39344   Reality   2013 Nov 7, 10:20am  

ThreeBays says

Maybe I'm wrong but hospitals sound like the kind of place that should need licensing. That in itself doesn't make a monopoly any more than restaurants needing a license to sell food.

In practice, hospital licenses in most locales are like liquor licenses: very small numbers are issued, and the license itself is a capitalized asset that's worth hundreds of thousands if not millions of dollars just like NYC Taxi Medallions. . . not at all like restaurant licenses that have unlimited supply in most towns and cities. Read your town/city bylaw.

ThreeBays says

If we have single payer ONLY and one network ONLY, what will the big hospitals threaten? Giving up their license?

Or refuse to accept any insurance or third party pay. Perhaps we are headed that way: the poor will get a single-payer network that has few experienced doctors in it; the rest have to do cash-and-carry. It is the standard practice in most countries that previously had socialized medicine after their socialist economy collapsed.

39345   Reality   2013 Nov 7, 10:32am  

tatupu70 says

Reality says

50% youth unemployment rate is exactly what the Keynesian extend-and-pretend scheme advocated by your ilk has produced!

Wow--so many mistakes here, I don't know where to begin. First, extend and pretend is not Keynesian. Second, the unemployement is ultimately due to wealth disparity. Third, my ilk (whoever they are) don't advocate extend and pretend schemes.

Extend and pretend is the essence of Keynesianism: that's what artificial liquidity injection does, extending make-belief credit to old decrepit forms of capital and pretend the market has not discovered that's capital misallocation.

Unemployment has little to do with wealth disparity. Unemployment is the result of two factors:

1. short-term sudden unemployment is due to discovery of past misallocation of labor and misallocation of capital; the fundamental cause is past misallocation of labor and capital. That has to be corrected before sustainable recovery can take place. Keynesianism gets in the way of the corrective process.

2. long-term structural unemployment is due to statistical quirk and societal incentive systems. The unemployed people are obviously making a living somehow in that long term (no savings can last forever). The "unemployment" is simply the result of incomplete statistical counting: they are either paid under the table or paid to file disability papers. Of course those wacked up social incentives would lead to wealth disparity as the working middle class is taxed to support those schemes.

39346   thomaswong.1986   2013 Nov 7, 10:42am  

Homeboy says

There is no compromise. Obama has already said he would be willing to change ACA if it can be improved. The only position the republicans have EVER taken is that they want it 100% abolished.

Its failure will close down the system altogether. Your forcing people to pay more which they cant do. Obamacare will eventually be repealed because it will become that much more unpopular. The GOP will just stand there saying..."I told you so".

39347   MAGA   2013 Nov 7, 10:43am  

Boyfriend? :-(

39348   Reality   2013 Nov 7, 10:46am  

tatupu70 says

Reality says

Why? How do you measure the power of a pretty girl, or that of a bureaucrat?

Power is only useful if it generates measurable wealth. So, at some point, it should be measurable.

So what is the power of "the Most Powerful Man in the Free World" (POTUS) ? Measured in their networth after retirement? Your theory is simply nonsensical. Many powers are non-monetizable. In your own family, unless your wife is a hooker, how do you monetize her "honey-do" power over you?

tatupu70 says

Reality says

How much is Obama's executive power worth in monetary terms? It's not possible to measure. It certainly is worth quite a lot to Michele's classmate from Princeton!

It's worth a lot. And his wealth has increased substantially since he became a senator. In 3 years, it will start increasing substantially more.

A few millions here a few millions there are peanuts compared to his droning power. We are not there yet when a billionaire can order his own droning. The lefties apparently not only suffer from amnesia but also don't understand basic math concepts like order of magnitude. Perhaps it's a "1 million, 2 million, many millions" world to them, somewhat more mature than the 3yr old's "1, 2, 3, many" math.

tatupu70 says


And that would be quite irrelevant in a society where money can not buy everything . . . in most societies money can not buy everything. That makes your numerical measure worthless because it is incomplete and the ratio is not fixed for different people and different circumstances.

I see. If it's not perfect, then it's useless? Funny how the correlation appears to be pretty strong--when wealth disparity (by available measures) gets too high, you start seeing bubbles and busts. Again--the data is out there. If it was worthless, then it would be painfully obvious.

It's useless because noise far outweigh signal. The difference in percentage inclusion (monetary wealth as percentage of a person's total power) for different people under different circumstances far outweigh the actual difference in monetary wealth. As for measured wealth disparity vs. bubbles/busts, that's a separate issue altogether. There is no objective number for what is "too high" especially across different societies. Your ilk are using "wealth disparity" for comparison across different societies and different countries. Furthermore, your observation that "too high" in our society leading to busts is essentially agreeing to my point that busts are corrective mechanisms in our relatively capitalistic free market economy, and busts are leveling! So why do your ilk want the government to intervene and stop busts?

39349   HEY YOU   2013 Nov 7, 11:01am  

" If you're into that kind of thing."

Now that's funny. roflmao

39350   thomaswong.1986   2013 Nov 7, 11:01am  

bgamall4 says

But some middle east nations like Syria protected the rights of Christians until the US armed the muslim rebels in accordance with the Yinon Plan of regime change. You should read it sometime and maybe you could harden up that shell of yours.

The Assyrian genocide took place in the same context as the Armenian and Pontic Greek genocides. In these events, close to three million Christians of Syriac, Armenian or Greek Orthodox denomination were murdered by the Young Turks regime.

http://en.wikipedia.org/wiki/Assyrian_Genocide

According to Pope Benedict XVI, Christians are the most persecuted group in the contemporary world. The Holy See has reported that over 100,000 Christians are violently killed annually because of some relation to their faith. According to the World Evangelical Alliance, over 200 million Christians are denied fundamental human rights solely because of their faith. Of the 100-200 million Christians under assault, the majority are persecuted in Muslim-dominated nations.

http://en.wikipedia.org/wiki/Persecution_of_Christians#Muslim_world

39351   FortWayne   2013 Nov 7, 11:14am  

bgamall4 says

FortWayne says

They are here just as voluntarily as those palestinians.

No, you aren't following what I say. They are here because they choose to cross the border. The Palestinians are being occupied. The illegals are not being occupied by a foreign power.

Ah I see what you mean.

39352   everything   2013 Nov 7, 11:42am  

I don't think sentiment is that low because who would not want to own a home, but why would I ever want to? For the typical 160k house in my neighborhood, I can rent for about twice just what the property tax bill is.
I want people to buy and live in all these old crappy homes, helps keep rents down.

39353   David9   2013 Nov 7, 12:56pm  

smaulgld says

BUT we know better.

I have been looking for a related thread to tell a small story.

I just spoke with a former coworker and friend where we keep in contact, but not necessarily visit on a regular basis. The time we do spend together we enjoy talking about current affairs and Real Estate.

He did not know what 'QE' was. I said 'You're kidding me?' He said, no, he had no idea about the 85b a month thing.

Please refrain from statements like 'Well, gee then, He is just a retard!'

No, he happens be an accomplished Web designer and marketer. He has a wife, a house, and now an apartment for job reasons.

I explained it to him.

39354   Patrick   2013 Nov 7, 1:02pm  

Wow, already down at 9:02pm.

39355   David9   2013 Nov 7, 1:31pm  

So, this is what the more upscale homeowners (borrowers) do with their large, walk-in closets.

Good to know! Thanks.

39356   FuckTheMainstreamMedia   2013 Nov 7, 2:15pm  

Most people don't know what quantitative easing is. I'd be surprised if more than half of people with a 4 year degree from a US college knew what QE is.

39357   Ceffer   2013 Nov 7, 2:40pm  

What a fiend, pimping out his precious, innocent dolls to strangers.

Is it my imagination, or did this guy just advertise that he has pedopheliac tendencies?

39358   Homeboy   2013 Nov 7, 4:14pm  

thomaswong.1986 says

Its failure will close down the system altogether.

We'll see. So far that has not happened. The federal website has glitches, which they are working on fixing. But the California website works great. I just signed up last night. Easiest insurance application I ever filled out. No medical questions whatsoever. Doesn't seem like a system that's "closing down".

thomaswong.1986 says

Your forcing people to pay more which they cant do.

Bullshit. The rate I was quoted was about one TENTH the amount I was paying 4 years ago when I had to go on COBRA. I will be paying MUCH MUCH MUCH less. This right-wing meme that rates are going to skyrocket is just complete CRAP. We're getting MORE insurance for LESS money. That's why you Rushbots can't point to ANY statistics showing rates skyrocketing. All you can do it post stupid pictures with one-liners on them.

thomaswong.1986 says

Obamacare will eventually be repealed because it will become that much more unpopular. The GOP will just stand there saying..."I told you so".

You're dreaming. The republican party is soon to be extinct like the dinosaurs.

39359   Homeboy   2013 Nov 7, 4:20pm  

elvis says

Of course it should be abolished, it was created FRAUDUENTLY. You know, by fraud. In case you didn't know fraud is a CRIME. Are you people idiots???

If I google "ACA minimum standards of coverage", I get 1,170,000 results.

Are you saying that, even though it has been ALL OVER THE NEWS FOR AT LEAST 3 YEARS that ACA sets minimum standards of coverage, and that insurance policies which don't cover the minimum essentials will not be allowed, that you were unaware of this provision? I've been aware of it since ACA passed. I don't see how you couldn't be unless you live under a rock. Why do you want to keep your old lousy insurance policy that doesn't cover anything?

Now who's an idiot?

39360   thomaswong.1986   2013 Nov 7, 4:22pm  

Homeboy says

he federal website has glitches, which they are working on fixing. But the California website works great.

its not the website thats the problem.. that will be fixed...

but regarding the website.. its more like the whole database is "broken".. its the systems behind the website which has gone on the fritz...

What will kill it will be Obama lied and covered it up forcing people to pay more for coverage and who know how the service will be. that is what will kill it.

39361   thomaswong.1986   2013 Nov 7, 4:26pm  

Homeboy says

Bullshit. The rate I was quoted was about one TENTH the amount I was paying 4 years ago when I had to go on COBRA. I will be paying MUCH MUCH MUCH less. This right-wing meme that rates are going to skyrocket is just complete CRAP. We're getting MORE insurance for LESS money. That's why you Rushbots can't point to ANY statistics showing rates skyrocketing. All you can do it post stupid pictures with one-liners on them.

that is you.. and you can not be the baseline to measure all other coverage results.
"More Insurance for the money"... someone else is paying for it...
Besides your too biased to be any independent party to trust. ...

39362   Homeboy   2013 Nov 7, 4:30pm  

thomaswong.1986 says

that is you.. and you can not be the baseline to measure all other coverage results.

Well then YOU don't get to be the baseline EITHER. So put up some STATISTICS (and they better be comparing LIKE coverage) or shut the fuck up.

thomaswong.1986 says

"More Insurance for the money"... someone else is paying for it...

Baseless assumption.

thomaswong.1986 says

Besides your too biased to be any independent party to trust. ...

Oh, yeah - you're not biased. LOL.

39363   thomaswong.1986   2013 Nov 7, 4:31pm  

Homeboy says

thomaswong.1986 says

Obamacare will eventually be repealed because it will become that much more unpopular. The GOP will just stand there saying..."I told you so".

You're dreaming. The republican party is soon to be extinct like the dinosaurs.

so young so naive... the hippies said the same thing back in the 60s.

39364   thomaswong.1986   2013 Nov 7, 4:33pm  

Homeboy says

Well then YOU don't get to be the baseline EITHER. So put up some STATISTICS (and they better be comparing LIKE coverage) or shut the fuck up.

did I say i paid more or less ? im not the one spewing propaganda..

what happens to any one single person isnt going to extrapolate to the whole

population.... like I said your biased on this site so it is what is expected..

39365   Homeboy   2013 Nov 7, 4:36pm  

thomaswong.1986 says

What will kill it will be Obama lied and covered it up

How can you say it was "covered up". Again, 1,170,000 Google results for "ACA minimum standards of coverage". And you call that a "cover up"? Is Fox News wired directly into your brain?

thomaswong.1986 says

forcing people to pay more for coverage and who know how the service will be.

Again, you have provided ZERO evidence that healthcare is going to cost more. If you keep saying it over and over do you think that will magically make it true?

The service will be the same. This is not nationalized healthcare; it is simply an insurance system. The doctors and hospitals are still going to be exactly the same ones we've always had. Please try to educate yourself.

39366   Homeboy   2013 Nov 7, 4:37pm  

thomaswong.1986 says

did I say i paid more or less ? im not the one spewing propaganda..

what happens to any one single person isnt going to extrapolate to the whole

population.... like I said your biased on this site so it is what is expected..

YOU'RE the one saying prices are going up, dipshit. What are you basing that on?

39367   Homeboy   2013 Nov 7, 4:41pm  

thomaswong.1986 says

so young so naive... the hippies said the same thing back in the 60s.

The republican party of the 60s practically WERE hippies compared to the extreme right-wing zealots who run it today. Shit, Obama's further to the right than Nixon was.

I'm not young. Why would you think that? Because I'm not a mindless Rushbot like you? LOL.

39368   thomaswong.1986   2013 Nov 7, 4:42pm  

Homeboy says

Again, you have provided ZERO evidence that healthcare is going to cost more.

no.. your claiming from your own experience of lowered costs will apply across the board to others. thats a big claim this early in the process.

39369   thomaswong.1986   2013 Nov 7, 4:43pm  

Homeboy says

The republican party of the 60s practically WERE hippies compared to the extreme right-wing zealots who run it today. Shit, Obama's further to the right than Nixon was.

I'm not young. Why would you think that? Because I'm not a mindless Rushbot like you? LOL.

Too bad i never listen to Rush radio program ... what ever made you assume as such ?

39370   Homeboy   2013 Nov 7, 4:57pm  

thomaswong.1986 says

no.. your claiming from your own experience of lowered costs will apply across the board to others. thats a big claim this early in the process.

No, YOU'RE claiming that people will have to pay MORE.

http://patrick.net/?p=1231577&c=1022745#comment-1022745

YOU made the claim. It is contingent on YOU to prove it. By my one example, I have shown that it is not universally true that people will pay more. Now, if you think it is true in some other way (average or median?) then YOU need to demonstrate why you think so. Otherwise, you are just talking out of your ass.

39371   Homeboy   2013 Nov 7, 4:59pm  

thomaswong.1986 says

Too bad i never listen to Rush radio program ... what ever made you assume as such ?

The way you mindlessly spew out all his talking points.

39372   thomaswong.1986   2013 Nov 7, 5:14pm  

Homeboy says

YOU made the claim. It is contingent on YOU to prove it. By my one example, I have shown that it is not universally true that people will pay more.

one cannot make such claims by your own experience..

39373   thomaswong.1986   2013 Nov 7, 5:17pm  

Homeboy says

The way you mindlessly spew out all his talking points.

I know of no talking points since I dont listen to his program... to make
such a claim would require you to listen to his program and match them
to my comments... well does my comments match what Rush state..and
how do you know ?

39374   Homeboy   2013 Nov 7, 6:24pm  

So where's your proof rates are going up? You don't have any. Just trolling.

39376   smaulgld   2013 Nov 7, 7:51pm  

David9 says

smaulgld says

BUT we know better.

I have been looking for a related thread to tell a small story.

I just spoke with a former coworker and friend where we keep in contact, but not necessarily visit on a regular basis. The time we do spend together we enjoy talking about current affairs and Real Estate.

He did not know what 'QE' was. I said 'You're kidding me?' He said, no, he had no idea about the 85b a month thing.

Please refrain from statements like 'Well, gee then, He is just a retard!'

No, he happens be an accomplished Web designer and marketer. He has a wife, a house, and now an apartment for job reasons.

I explained it to him.

You are absolutely correct. When we hear about the housing recovery you don't hear about QE
The closest you get is that interest rates are low but they don't say how or why they are low. People think it just happens to be a happy circumstance to take advantage of rather than a fed creation.
If you understand the fed you know why we are having massive stock market appreciation even though the economy is poor. Ditto for home price appreciation

39377   smaulgld   2013 Nov 7, 7:52pm  

dodgerfanjohn says

Most people don't know what quantitative easing is. I'd be surprised if more than half of people with a 4 year degree from a US college knew what QE is.

But they know what a government shutdown is so that is what they will blame for the end of the housing recovery even though there never really was one other than what $trillions of dollars in QE tried to create

39378   tatupu70   2013 Nov 7, 8:22pm  

Reality says

Your theory is simply nonsensical. Many powers are non-monetizable. In your own family, unless your wife is a hooker, how do you monetize her "honey-do" power over you?

Sure, some powers are non-monetizable. So what? My wife can get me to fix the toilet. How exactly does that contradict the well established relationship between wealth disparity and economic health?

Reality says

A few millions here a few millions there are peanuts compared to his droning power.

Again--so what? POTUS is very powerful. Probably moreso than his wealth indicates.

Reality says

It's useless because noise far outweigh signal

No--actually it doesn't. The data is pretty clear and unambiguous. The signal far outweighs the noise.

Reality says

Furthermore, your observation that "too high" in our society leading to busts is essentially agreeing to my point that busts are corrective mechanisms in our relatively capitalistic free market economy, and busts are leveling! So why do your ilk want the government to intervene and stop busts?

You're kidding, right?

39379   marcus   2013 Nov 7, 11:08pm  

I'll bet when he has a fight with one, or goes through a tough patch, he just goes and buys another one.

That's messed up. Hasn't he learned more after all these dolls about relationships? You'd think he would have learned that you have to work at it sometimes. Does he ever think about how it makes the previous ones feel, when he gets a new one ? He did get them the hello kitty doll to keep them company which was nice, but wtf? Now he's pimping out his exs, or the ones that were just one nighters to total strangers ? That guy has some issues.

39380   Shaman   2013 Nov 7, 11:22pm  

I see two Hello Kitty dolls. I bet he's had a fuzzy threesome! Or even a kinky foursome with "Lance!"

39381   MisdemeanorRebel   2013 Nov 7, 11:24pm  

David9 says

So, this is what the more upscale homeowners (borrowers) do with their large, walk-in closets.

Good to know! Thanks.

Bwahahaha.

Well, it's a little odd, but better Latex Love Dolls than women chained in a basement.

39382   everything   2013 Nov 8, 12:31am  

I like how he has given most of them pillows and mattresses to lay on, what a good guy. He cares about his girls, as most good men do.

Cherry 2000 to the rescue.

39383   Ceffer   2013 Nov 8, 1:27am  

What about the deposit for your deposits?

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