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You guys are in trouble this November


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2012 Jun 29, 12:39am   24,293 views  65 comments

by Tenpoundbass   ➕follow (10)   💰tip   ignore  

My Coworker at my new job has been holding down the Patnet Liberal cause here at work. We eat lunch together and debate opposite sides of the political spectrum.
This morning he told me, he's voting Republican ticket across the board.

While some Liberals in Washington are welcomed just to keep the republicans honest, a full Democrat Washington is down right dangerous. He says.

Now yesterday he was accusing me of being a sour grape Republican that didn't like the ruling. So what changed with him?

He actually read what his liabilities in Obamacare will actually be.
He's just been taking Nancy's word for it, that just because the Libs drafted the damn thing then it must be good. Now that he's read it, he realizes his lifestyle as he known it up until now is over. He can't afford to be the person he's always been. He's 62 and there's no end in sight or cap on how much he'll have to pay. Even retirees are required to pay most of their pension to the premiums.

Most will just forgo insurance and not be insured at all and just be taxed.

I was blown away to have this conversation with him after all of our debates we've had in the last three months. Another coworker thought it was a huge win, because he's been paying $1400 a month for his coverage anyway. He's upset that his neighbor who has two Mercedes doesn't have any insurance at all, and goes to the emergency room. So he's keen to stick it to his neighbor, until we explained how this bill sticks it to him as well.

What happens when you are working making let's say 100K a year, and have been paying $1400 a month. Then about mid year you get laid off, then what?

You can't go get it for free, you've already made 50K for the year, sure you've been living hand to mouth with your other bills and obligations, but you've already made 50K. It's not like you'll qualify for free health care now. You'll still be expected to pay premiums that are more than what you get from unemployment which in a month only pays maximum two biweekly payments of $575.
Or of course he could just drop the insurance and pay the TAX at the end of the year.

#politics

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1   AJ1201   2012 Jun 29, 12:42am  

The dominos haven't fallen. Don't jump to conclusions just yet.

2   clambo   2012 Jun 29, 1:11am  

The huge Obama care taxes were designed to kick in in Jan 2013 and beyond, so that Obama would have two terms before anyone figured out how fuct they were.
Now they may know before November.
If he succeeds in getting a few more million people on food stamps, a few more mortgages saved, a few more college loans forgiven, a few more people on 99 weeks of unemployment, he will get the loser vote and everyone who actually PAYS taxes is fuct.
You have a right to your own money, but Democrats do not see it this way. You are only lucky to have a job, and the government created everything so that you could work. You should be grateful and pay them your money.
What is interesting to me is even some losers I know are noticing that Obama and his ilk are not helping the USA. There still exists in many people a dim collective memory that the point of the USA is working and getting ahead, not welfare.

3   edvard2   2012 Jun 29, 1:16am  

Oh yeah? Well I ran into some guy yesterday and he said he was going to vote Republican, but since this law was passed he decided to change his mind and vote for Obama. See? That's clearly all the proof I need. You guys are suuuurre gunna' lose in November fer-sure!

4   zzyzzx   2012 Jun 29, 1:17am  

CaptainShuddup says

Even retirees are required to pay most of their pension to the premiums.

I think this is the main point here.

5   zzyzzx   2012 Jun 29, 1:18am  

CaptainShuddup says

Or of course he could just drop the insurance and pay the TAX at the end of the year.

Of course the TAX will go up every year until the tax is greater than the premium. The first few years the TAX is at low teaser rates.

6   StoutFiles   2012 Jun 29, 1:27am  

zzyzzx says

Of course the TAX will go up every year until the tax is greater than the premium. The first few years the TAX is at low teaser rates.

No need to capitalize tax. There's no way anyone can deny it isn't a stealth tax on middle class Americans.

Considering how bad the government wants money, it appears the Bush tax cuts won't be extended either.

7   FortWayne   2012 Jun 29, 1:28am  

zzyzzx says

CaptainShuddup says

Or of course he could just drop the insurance and pay the TAX at the end of the year.

Of course the TAX will go up every year until the tax is greater than the premium. The first few years the TAX is at low teaser rates.

If the homeowner isn't insulted by your offer...you didn't bid low enough!!!

$400 * 12 month = $4800 in insurance costs for an individual policy.

Average income in America is around 43,000 - 45,000.

Even at it's highest after 3 years (3%) the penalty is $1320 for not carrying insurance... that is a lot less than $4,800... and if rates go up and they will you'll see a lot of people simply paying the tax and only buying insurance when they need it.

8   Rin   2012 Jun 29, 1:32am  

Basically, either medical tourism will bloom or, the US doctors and hospitals won't be able to make the mint that they have had, for the past 3 decades.

If NASA can lay off 4K engineers, along with any other company/institute which offshores R&D, I don't see why we can't re-train these fellows to be physician's assistants in record time. The idea here is that medical professionals have some high intelligence which the "layperson" doesn't but they can't convince me that a bunch of scientists & engineers, esp those postdocs earning $36-41K, can't fill the gaps in health care delivery at lower overhead salaries.

9   clambo   2012 Jun 29, 1:38am  

Old people on Medicare are not going to use much medical tourism. This is scary to them.
They may be reminded that Obamacare shifts 500 billion from medicare to Obamacare which is for the illegals and deadbeats, losers, etc.

10   Tenpoundbass   2012 Jun 29, 1:45am  

Losercare

11   edvard2   2012 Jun 29, 1:47am  

I saw a guy at the gas station yesterday. He said he was gonna' vote for Obama. Uh oh! Looks like you all are gonna' lose!

12   KILLERJANE   2012 Jun 29, 1:47am  

Maybe the courts will pick the president again.

13   GraooGra   2012 Jun 29, 1:59am  

I cannot wait to see how this new health care is going to look.
Why we are going this same bad road the other countries went?
Do we really need to experience it to figure it out how bad is going to be?

14   edvard2   2012 Jun 29, 2:08am  

I haven't read or understand the healthcare bill. But I think its bad because others told me so.

15   tatupu70   2012 Jun 29, 2:08am  

GraooGra says

Why we are going this same bad road the other countries went?

lol--you mean cheaper. And with better outcomes. Yes, why would we want to migrate to something better...

16   AverageBear   2012 Jun 29, 2:34am  

I'm still blown away that the media isn't even calling out that Obama lied to us all these years. "No Steffy, it's not a tax"....SCJ: "Well, since WE see it as a tax, we'll accept that it's constitutional"....Obama/Deval Patrick:"Well even if the SJC says it's a tax to protect its constitutionality, it's not a tax"......

It's sad that a comedy of errors by Obama/Pelose"Pass it to see what's in it"/Democrats/SJC/media/voters that supported this shameful piece of shit legistation has made it reality.

17   edvard2   2012 Jun 29, 2:36am  

Those stinkin' taxes. I hate how they are used for useless things like paying for freeways, bridges, stop lights, schools, and so on

18   Tenpoundbass   2012 Jun 29, 3:18am  

edvard2 says

Those stinkin' taxes. I hate how they are used for useless things like paying for freeways, bridges, stop lights, schools, and so on

yeah except these taxes pay for none of that. They only go straight to the medical industry stocks that those bastard in Washington are heavily invested in, from their inside knowledge. If Martha Stewart was half as guilty as those bastards, she would have burned in the electric chair.

19   Tenpoundbass   2012 Jun 29, 3:29am  

GraooGra says

Why we are going this same bad road the other countries went?

If only!

20   PockyClipsNow   2012 Jun 29, 3:45am  

On paper, the best strategy might be to buy gold and 'hide it' so you can qualify for free emergency room care, and be 'judgement proof' when they bill you 300k for a routine procedure that takes 2 days in the hospital.

Its been happening for years really its called 'asset protection strategy' or something like that. (living will in your kids name, family trusts,etc)

Expect attorneys to make good money helping people 'look poor' on paper to the predatory government.

21   edvard2   2012 Jun 29, 3:46am  

robertoaribas says

you mean like ALL OTHER DEVELOPED COUNTRIES, that cover more of their population, and charge less for health care? those countries?

Ahhhhh! Stop speaking common sense! It hurts my ears!

22   zzyzzx   2012 Jun 29, 3:56am  

robertoaribas says

you mean like ALL OTHER DEVELOPED COUNTRIES, that cover more of their population, and charge less for health care?

That's your problem right there. Always comparing the US to a bunch of other countries with even higher unemployment rates and worse economies. We should be comparing ourselves against places with really low unemployment when looking for ways to make improvements.

23   bob2356   2012 Jun 29, 3:58am  

PockyClipsNow says

On paper, the best strategy might be to buy gold and 'hide it' so you can qualify for free emergency room care, and be 'judgement proof' when they bill you 300k for a routine procedure that takes 2 days in the hospital.

That would be great until you need to sell the gold and get a 1099. Then the paper trail leads right to your door.

24   FortWayne   2012 Jun 29, 4:01am  

Rin says

If NASA can lay off 4K engineers, along with any other company/institute which offshores R&D, I don't see why we can't re-train these fellows to be physician's assistants in record time.

Education costs in US are kind of high due to the union demands. So no retraining is likely to occur. And I have no idea if insurance companies have to cover non citizens after this legislation... do they?

25   edvard2   2012 Jun 29, 4:05am  

zzyzzx says

That's your problem right there. Always comparing the US to a bunch of other countries with even higher unemployment rates and worse economies.

But the undeniable fact is that pretty much all of those "other" countries have a higher life expectancy overall compared to the US. That some might have higher unemployment isn't the point.

26   bdrasin   2012 Jun 29, 4:06am  

zzyzzx says

robertoaribas says

you mean like ALL OTHER DEVELOPED COUNTRIES, that cover more of their population, and charge less for health care?

That's your problem right there. Always comparing the US to a bunch of other countries with even higher unemployment rates and worse economies. We should be comparing ourselves against places with really low unemployment when looking for ways to make improvements.

If the homeowner isn't insulted by your offer...you didn't bid low enough!!!

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

27   bob2356   2012 Jun 29, 4:06am  

zzyzzx says

That's your problem right there. Always comparing the US to a bunch of other countries with even higher unemployment rates and worse economies. We should be comparing ourselves against places with really low unemployment when looking for ways to make improvements.

So you are saying places like Canada, NZ, Chile, the whole middle east, Sweden, Norway, Australia, Japan, South Korea, Switzerland, etc., etc., etc. have higher unemployment and worse economies than the US? News to me. Are you sure?

28   AJ1201   2012 Jun 29, 5:26am  

zzyzzx says

CaptainShuddup says



Even retirees are required to pay most of their pension to the premiums.


I think this is the main point here.


If the homeowner isn't insulted by your offer...you didn't bid low enough!!!

I don't think this is true. The medical benefit ratio is capped isn't it at around 80% meaning the insurance companies have to spend 80% (or whatever the number is) towards medical benefits or repay the premium back to the individuals.

29   zzyzzx   2012 Jun 29, 5:29am  

bdrasin says

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

If you are going to have socialized medicine, here is how to do it:
http://en.wikipedia.org/wiki/Healthcare_in_Singapore

A key principle of Singapore's national health scheme is that no medical service is provided free of charge, regardless of the level of subsidy, even within the public healthcare system. This mechanism is intended to reduce the overutilisation of healthcare services, a phenomenon often seen in fully subsidised universal health insurance systems.

Approximately 70-80% of Singaporeans obtain their medical care within the public health system. Overall government spending on healthcare amounts to only 3-4% of annual GDP, partly because government expenditure on healthcare in the private system is extremely low.

I think in the US it's at least 16% GDP in healthcare.

http://www.singstat.gov.sg/
Unemployment Rate (SA) was 2.1% in Mar 2012

Imitating the failed economies of Europe is not a good idea.

30   bdrasin   2012 Jun 29, 5:30am  

msilenus says

Roberts' opinion said that it "could be construed" as a tax. Further, that he was precedent-bound to consider all possible constructions in order to save the legislation.

To put it another way, the court ruled 8-1 that it wasn't a tax. 1 Justice ruled that it was a tax and therefore was constitutional; 4 Justices ruled it wasn't a tax, but was constitutional; 4 Justices ruled that it wasn't a tax and was unconstitutional.

The difference is not that important to me, but if you want to make a big deal out of it then there you are. At least its a tax that is not intended to apply to anyone since the goal is for everyone to get insurance.

31   zzyzzx   2012 Jun 29, 5:45am  

bdrasin says

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

Greece and Spain have over 20% unemployment, France 12%, Portugal 15%, Ireland 14-15%,

32   bdrasin   2012 Jun 29, 5:48am  

zzyzzx says

bdrasin says

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

Greece and Spain have over 20% unemployment, France 12%, Portugal 15%, Ireland 14-15%,

If the homeowner isn't insulted by your offer...you didn't bid low enough!!!

Great, we shouldn't try to be like the countries with high unemployment, we should try to be like the countries with low unemployment. Again, which of them has a health care system most like what you'd like to see here?

33   AverageBear   2012 Jun 29, 5:54am  

edvard2 says

Those stinkin' taxes. I hate how they are used for useless things like paying for freeways, bridges, stop lights, schools, and so on

--------------------------
Those stinkin' liars. I hate how they lie to our faces to take over 1/6th of our economy, shred the constitution, to give free healthcare to the useless, on the backs of the working-middle class.

34   BoomAndBustCycle   2012 Jun 29, 6:07am  

zzyzzx says

A key principle of Singapore's national health scheme

A key principle of Singapore's healthcare scheme is they outlaw things that are bad for your health and everyone is skinny and relatively healthy genetically...

vs. our fat ass US fast food eating / smoking / drinking US culture.

We'll never reach Singapore levels of GDP expenditures with our diet/ US excess culture.

35   bdrasin   2012 Jun 29, 6:22am  

zzyzzx says

bdrasin says

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

If you are going to have socialized medicine, here is how to do it:
http://en.wikipedia.org/wiki/Healthcare_in_Singapore

I don't know anything about Singapore, but I'm sure whatever they have is better than what we have here, with or without ACA.

"Approximately 70-80% of Singaporeans obtain their medical care within the public health system" - wow, that's far more socialistic than anything in ACA.

Also I see that 10 of 23 hospitals in Singapore are run by the government.

36   Rew   2012 Jun 29, 6:27am  

AverageBear says

Those stinkin' liars. I hate how they lie to our faces to take over 1/6th of our economy, shred the constitution, to give free healthcare to the useless, on the backs of the working-middle class.

AverageBear - decider of whose life is important and whose is not. :)

I suppose you are completely self sustaining yourself, right? You depend on nothing from the government (water, electricity, food, security, transportation ... etc.). You also benefit from nothing the government provides. Right?

"Take over 1/6th of our economy" == "provide laws, security, transportation, so that society can function and the economy can flourish"

I don't disagree with the fact that Government is wasteful and inefficient. Then again, so are a lot of things, especially those engineered by man.

37   bdrasin   2012 Jun 29, 6:35am  

zzyzzx says

bdrasin says

What, countries like Norway (3%), Switzerland (3.1%), Japan (4.5%), Israel (5%), Germany (5.4%)? Sure; which of those countries should our health care system be more like?

If you are going to have socialized medicine, here is how to do it:

Also, from the way you put this I take it you do NOT think we should have "socialized medicine". So, which developed, low-unemployment country DO you think our health care system should be like?

38   edvard2   2012 Jun 29, 7:05am  

AverageBear says

Those stinkin' liars. I hate how they lie to our faces to take over 1/6th of our economy, shred the constitution, to give free healthcare to the useless, on the backs of the working-middle class.

Yeah, At least Democrats don't do stuff like that....

39   DukeLaw   2012 Jun 29, 7:08am  

AverageBear says

edvard2 says




Those stinkin' taxes. I hate how they are used for useless things like paying for freeways, bridges, stop lights, schools, and so on



--------------------------
Those stinkin' liars. I hate how they lie to our faces to take over 1/6th of our economy, shred the constitution, to give free healthcare to the useless, on the backs of the working-middle class.

Hmmm, who is sounding like they support Death Panels now...... BTW is that the "working middle class" that Bush totally gutted? That's the one you care about now?!? /golfclap

40   Tenpoundbass   2012 Jun 29, 7:09am  

I think the Libs only levied this tax on us because we wouldn't give them a God damn Choo Choo Train.

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