Obamacare Kicks In. Stoppage Of Care, Higher Premiums.

My mother,who has congestive heart failure, and is on oxygen, as of January 1st no longer has a nurse come and check on her once a week, due to the Medicare cuts. As of August 1st of 2012, when the first round of cuts came, her once a week Physical Therapist was totally cut, her nurse was cut to 1 day a week from 2 days, and her CNA was [...]

Healthcare system wastes $750 billion a year through fraud and waste, claims Institute of Medicine

Independent report calls for government to have a frank discussion with the public about the value Americans get for their health care dollars
A year’s worth of waste equals more than ten years of Medicare cuts under Obamacare, more than the Pentagon budget and more than enough to care for the uninsured

Deep cuts are possible without rationing and a leaner system may even produce better quality healthcare

 

The U.S. healthcare system squanders $750 [...]

Obama In ’09 Pledged To VETO Attempts To Undo Medicare CUTS

As Democrats attack Mitt Romney and Paul Ryan for their proposals regarding Medicare, Republicans are circulating this clip from a November 9, 2009 interview we had with President Obama in which he not only acknowledged that one third of his health care bill was paid for by cuts to Medicare, but that he would veto attempts to undo those cuts.

Watch the video below. The exchange on Medicare occurs at 2:15:

video platformvideo [...]

GOV’T AUDIT: Obama ‘lacks legal authority’ for new spending program

Congress’s non-partisan investigative arm said Wednesday President Obama is stretching the law to give bonuses to mediocre privateMedicare plans — an $8 billion program the auditors had already urged the administration to cancel.

In a pointed letter, the Government Accountability Office’s chief lawyer said the administration hasn’t shown that it can learn anything by a “demonstration” project to pay bonuses to average-performing plans in the Medicare Advantage program. The lawyer also questioned “the agency’s legal [...]

The do-nothing plan: now worth $7.1 trillion

http://www.washingtonpost.com/blogs/…IIYN_blog.html
The do-nothing plan: now worth $7.1 trillion
Posted by Ezra Klein at 10:55 AM ET, 11/18/2011

In the past, I’ve talked about the “do-nothing plan” for deficit reduction: Congress heads home to spend more time with their campaign contributors, and the Bush tax cuts automatically expire, the 1997 Balanced Budget Act’s scheduled Medicare cuts kick in, the Affordable Care Act is implemented, and the budget moves roughly into balance. It’s not an [...]

Dems want to spend war ‘savings’ on new stimulus

By Erik Wasson and Julian Pecquet - 11/10/11 10:43 AM ET

Democrats on the supercommittee have proposed that the savings from the end of the wars in Iraq and Afghanistan be used to pay for a new stimulus package, according to a summary of the $2.3 trillion plan obtained by The Hill.

The latest offer from Democrats on the deficit panel, made Monday night to their Republican counterparts, would use some of the war [...]

‘ZOMBIE’ IN FEDERAL BUDGET MAKES ‘PHANTOM CUTS’

From AP:

WASHINGTON (AP) — They’re calling it the zombie in the budget.

It’s a long-term care plan the Obama administration has put on hold, fearing it could go bust if actually implemented. Yet while the program exists on paper, monthly premiums the government may never collect count as reducing federal deficits.

Real or not, that’s $80 billion over the next 10 years.

The Community [...]

In An Unsustainable System, A Warning of Collapse

Bob Chapman
International Forecaster
Aug 25, 2011

We do not believe that Americans, particularly elderly Americans, understand what the elitists are up to in regard to Social Security and Medicare. The Council on Foreign Relations and the Peterson Foundation has for years been working on plans to terminate Social Security and Medicare. Cuts in these paid for programs were impossible to get through Congress. Thus, the ruse [...]

OBAMA PRESENTS HIMSELF AS CENTRIST

* Obama: “Meaningful changes” to entitlements on table

* Time to “eat our peas,” he says

* U.S. stocks hit by debt talk uncertainty

* Obama, congressional leaders due to meet again Tuesday

(Updates with Cantor on Medicare cuts)

By Steve Holland and Thomas Ferraro

WASHINGTON, July 11 (Reuters) – U.S. President Barack Obama and top U.S. lawmakers fell short on Monday of finding enough spending cuts for a deal to avoid an Aug. [...]

CHARGE: Top Dems Playing Politics with Medicare

By Greg Sargent

Top Democrats in charge of keeping the Senate in Dem hands and maintaining the political health of the party — DSCC chair Patty Murray and messaging chief Chuck Schumer — have privately expressed frustration that deep Medicare cuts risk squandering the major political advantage Democrats have built up on the issue, people familiar with internal discussions say.

Senators Murray and Schumer, along with [...]

Republican Congressman Paul Ryan confronted by woman furious he was drinking a 350$ bottle of wine on lobbyist’s dime while advocating medicare cuts; shouting ensues.

Rep. Paul Ryan (R-WI), a leading advocate of shrinking entitlement spending and the architect of the plan to privatize Medicare, spent Wednesday evening sipping $350 wine with two like-minded conservative economists at the swanky Capitol Hill eatery Bistro Bis.

It was the same night reports started trickling out about President Obama pressing Congressional leaders to consider changes to Social Security and Medicare in exchange for GOP support for targeted tax increases.

[TPM [...]

The Mother of All No-Brainers

This is written by a Conservative Republican. Compare this to who Siriuslylong says is
causing the impending catastrophe over debt default and then decide who is more ideologically biased and wrong on the facts. Read the link below to read the article in its entirety.

http://www.nytimes.com/2011/07/05/op…ml?ref=opinion

OP-ED COLUMNIST
The Mother of All No-Brainers
By DAVID BROOKS
Published: July 4, 2011

The Republicans have changed American politics since they took control of the House of [...]

Taxing the Rich Favored (by large majority) Over Cuts to Medicare

Thats what i have argued for a long time.

Poll: Taxing the rich favored over Medicare cuts

President Obama’s approach won out over Paul Ryan’s in a new survey. | AP Photos Close
By JENNIFER EPSTEIN | 4/20/11 6:10 AM EDT

Most Americans oppose the big spending cuts that many in Washington see as necessary to bring down the budget deficit, a new poll suggests, but they do support one idea for [...]

Taxing the Rich Favored (by large majority) Over Cuts to Medicare

Thats what i have argued for a long time.

Poll: Taxing the rich favored over Medicare cuts

President Obama’s approach won out over Paul Ryan’s in a new survey. | AP Photos Close
By JENNIFER EPSTEIN | 4/20/11 6:10 AM EDT

Most Americans oppose the big spending cuts that many in Washington see as necessary to bring down the budget deficit, a new poll suggests, but they do support one idea for [...]

The uncertainty contained in Obamacare

As a small business refugee, who actually has to meet payroll – something all you speculators only read about and wager; the other ticking timebomb which nobody can disarm is all the uncertainty contained in Obamacare.  HOW is this MONSTER going to impact an American family’s life considering the following variables?  Under such a cloud, how could anybody grossly predict the future and hence [...]

Call it “The Double Whammy Economy”.

This week illustrates what I’ve been saying about simultaneous deflation and inflation in all the wrong places for the US consumer and small business. Double Dip Housing is the clear evidence of ongoing deflation, and new taxes are clear inflation.

Taxes: up up and away. First salvos here in the US were fired as Caterpillar and Deere are taking huge charges to cover the healthcare tax. That will also affect individuals. [...]