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Dean: Obama Care is a Bailout That Makes AIG Look Cheap

Dean: Obama Care is a Bailout That Makes AIG Look Cheap

http://www.youtube.com/watch?v=S3zyyLiUsF8

 



ObamaCare: Just Another Tax On The Middle-Class

Baucus Bill Will Impose 23% Tax Rate Increase on Middle Class

TaxProf
October 14, 2009

Following up on last week’s post (80% Marginal Tax Rates After Health Care Reform), there is an op-ed in today’s Wall Street Journal by former Director of the Congressional Budget Office Douglas Holtz-Eakin, The Baucus Bill Is a Tax Bill; Middle-Class Families Would Get Hit With a Double-Digit Increase in Their Marginal Tax Rate:

Most astounding of all is what this Congress is willing to do to struggling middle-class families. The bill would impose nearly $400 billion in new taxes and fees. Nearly 90% of that burden will be shouldered by those making $200,000 or less.

It might not appear that way at first, because the dollars are collected via a 40% tax on sales by insurers of “Cadillac” policies, fees on health insurers, drug companies and device manufacturers, and an assortment of odds and ends.

But the economics are clear. These costs will be passed on to consumers by either directly raising insurance premiums, or by fueling higher health-care costs that inevitably lead to higher premiums. Consumers will pay the excise tax on high-cost plans. The Joint Committee on Taxation indicates that 87% of the burden would fall on Americans making less than $200,000, and more than half on those earning under $100,000.

Industry fees are even worse because Democrats chose to make these fees nondeductible. This means that insurance companies will have to raise premiums significantly just to break even. American families will bear a burden even greater than the $130 billion in fees that the bill intends to collect. According to my analysis, premiums will rise by as much as $200 billion over the next 10 years—and 90% will again fall on the middle class.

Senate Democrats are also erecting new barriers to middle-class ascent. A family of four making $54,000 would pay $4,800 for health insurance, with the remainder coming from subsidies. If they work harder and raise their income to $66,000, their cost of insurance rises by $2,800. In other words, earning another $12,000 raises their bill by $2,800—a marginal tax rate of 23%. Double-digit increases in effective tax rates will have detrimental effects on the incentives of millions of Americans.

 

Obamacare Means $1,700 More in Insurance Premiums for a Typical Family

Dick Morris
Townhall
October 14, 2009

Will a young, healthy, childless individual or couple buy health insurance costing 7.5 percent of their income as required by Obama’s health legislation? Not until they get sick. Then, they can always buy the insurance — and the Obama bill requires the insurance companies to give it to them. And, if the premiums come to more than 7.5 percent of their income because they are now sick, no problem. Obama will subsidize it.

Instead, young, healthy, childless people will likely opt to pay the $1,000 fine (a.k.a., slap on the wrist) mandated in the bill. After all, even if they make as little as $50,000 a year, the fine is a lot cheaper than 7.5 percent of their income (or $3,500 a year)!

So … these young households will not contribute to the coffers of any health insurance company until they are sick and need the coverage. By then, their costs will come to vastly more than their premiums.

Who will subsidize the difference? We will.

The insurance industry estimates that the bill will drive up premiums for the average family by $1,700 a year. By the time the bill takes effect in 2013, it estimates that the average annual family health insurance premiums (now $12,300) will rise to $17,200 if the Obama bill is passed, but only to $15,500 if it is defeated.

And who do you think the voters will blame for the hike in their premium? The Democrats who passed the bill.

Supporters of the bill are quick to counter that greater efficiency, etc. will hold down premiums. But they have little to answer the argument that, without higher fines, the young and healthy will not consent to pay an arm and a leg for insurance they don’t need.

Any lingering motivation to pay the premiums will disappear once the Obama bill requires insurance companies to cover them when they do, finally, limp in the door, desperately in need of insurance. Why pay now when you can always pay later? And, with a government subsidy, you gain nothing by paying for all those years when you don’t need insurance.

So Obama’s program turns out not to be one to spread insurance and thus spread the risk of costly illness, but one to make people pay 7.5 percent of their incomes once they get sick, with the government picking up their remaining premium and the health insurance customers paying for the medical expenses. Some deal!

So tote up the cost of this bill on the middle class:

— $1,700 more in insurance premiums for the average family.

— Medical devices like wheelchairs and hearing aids get taxed.

— Those who are sick must pay an average of about $600 more a year in income taxes because the bill raises the threshold for deducting medical expenses from 7.5 percent of income to 10 percent.

— A $404 billion cut in Medicare.

— Ending the subsidized Medicare Advantage insurance for costs over and above Medicare. Without Medicare Advantage, the elderly can only augment Medicare by buying Medigap coverage for which no subsidy is available and whose premiums are higher (offered, conveniently enough, by Obama’s buddies at the AARP).

— No importation of Canadian medicines and no competitive bidding to hold down prescription drug costs (Obama’s deal to get Pharma’s support and advertising dollars).

— A shortage of medical personnel and equipment as 30 million new patients are added without any expansion of the population of doctors and nurses. This shortage will make rationing inevitable, even if it shortens life expectancies among the elderly.

And, all of this assumes that the House bill, which imposes a 4.5 percent payroll tax (which will discourage new employment), does not pass — and that the cost estimates of this program prove realistic. Despite the Congressional Budget Office’s concurrence, one can’t help noticing that Massachusetts’ program was estimated to cost $200 million in 2005 and now costs $700 million!

This health care bill is, indeed, Obama’s first tax on the middle class.

http://www.youtube.com/watch?v=rL7ak__MGyw

 



ObamaCare Moves Forward

ObamaCare Moves Forward
Senate Finance Committee passes a $829 billion Baucus’ health care bill by a 14-9 vote, with the support of one Republican (Olympia Snowe R-Maine). There are many more bills health care reform has to pass before Obama signs the final bill into law.

http://www.youtube.com/watch?v=84KkFwSHAqs

 

The Truth About the Baucus Healthcare Bill

http://www.youtube.com/watch?v=Nj6GyFEA3FI

Max Baucus Placed Gag Order On Medicare Companies Concerning Cuts

 



Sound Weapons Positioned Against Town Hall Protesters

Military Sound Weapons Positioned Against Town Hall Protesters

Examiner
September 19, 2009

As town halls unfolded across the country without incident, San Diego Sheriff Bill Gore took it upon himself to place military equipment used in Iraq to repel terrorists, at two San Diego events. The device is also used by the U.S. Navy to repel terrorists from ships.

Gore, who is now under fire for his decision to place the Long Range Acoustic Device (LRAD) at town hall events, went on record to explain his decision making.

At a Sheriff’s debate Gore was asked directly (by this writer) why he felt the need to place such heavy-handed piece of military equipment at two area town halls.

“The LRAD was purchased as a crowd dispersal unit,” Sheriff Gore explained. “It was held in reserve in both Susan Davis-D CA. and Darrell Issa-R CA/Duncan Hunter-R CA. events should there be any problems. We could use the LRAD in place of pepper spray.”

Although Gore said the LRAD was held in reserve, a photo taken at the town hall proves otherwise, said a Department of Defense Security Contractor source close to the story.

Gore continued to add that the device is a non-lethal piece of equipment.

However that couldn’t be further from the truth. Sheriff candidate Jay LaSuer said, “I dispute this answer. It’s a very, very lethal weapon and they (LRAD) have no place in law enforcement.”

“Why would you use a LRAD when members of Congress invited people to talk about health care? The majority of the attendees are probably on Medicare. Are we going after terrorists on walkers now?” LaSuer said.

Spokesperson, Joe Kasper from Congressman Hunter’s office had this to say.

“We were not aware of any type of technology being used to monitor the event at which the Congressman appeared. Law enforcement always stands to benefit from more advanced equipment but, regardless of the system, these tools should be utilized in a manner that is both safe and responsible. More importantly, there are certain systems that should only be used when absolutely necessary, so I think it’s reasonable to question the practicality of this particular technology in this situation.”

Numerous calls made to Congresswoman Davis’s office went unreturned.

Further disputing the call to place military weaponry at town hall events came from a military insider who has been to Iraq and was a part of the testing of the LRAD in San Diego.

“Let me be real clear, this weapon can cause serious injury to the inner ear or result in death if utilized improperly within 30-feet. Furthermore, the LRAD requires explicit training so not to accidentally deploy the weapon which causes hearing loss as well as death,” the DOD source said.

“Also, a Sheriff deputy picture taken at one event showed the deputy who was operating the equipment wearing a uniform shirt of the Search and Rescue unit, indicating he may have been a non-paid volunteer, not a trained deputy,” according to a source.

To make matters worse, this source confirms Sheriff Gore was given a demonstration of the LRAD by the manufacturer, American Technology Corporation at an Emerging Technology conference and “Gore knew this device could be deadly.”

This directly disputes the point that Sheriff Gore made when he said, “This is a non-lethal type of device.”

Gore goes on to say that “it (LRAD) was the best choice of options for preventative measures.”

Another 27-year veteran of law enforcement disagrees and question’s Gore’s decision to buy the LRAD device.

“Somehow this device made its way into law enforcement. I was there when the $40,000 sale took place. It’s not an effective tool because it uses a very pointed-piercing noise that you could hear, but the guy next to you would not,” retired Sheriff Deputy Jim Duffy said. “I question why it (LRAD) would be at that event at all.”

The LRAD uses a concentrated sound wave or beam that causes a lot of ear pain, bleeding or death when pointed at a direct source. According to the manufacturer’s website “the directionality of the LRAD device reduces the risk of exposing nearby personnel or peripheral bystanders to harmful audio levels.” So why use this equipment for crowd control?

Looking to Gore’s past history with the FBI Ruby Ridge incident and 9/11 Commission report, LaSuer questions the current Sheriff’s decision making. “Gore deployed a weapon that we use against terrorists on American citizens- shame on him.”

When pressed about the need to use such a lethal device at public town halls Gore states, “It was placed there for reserve and that’s all I can say.”

Another lifetime law enforcement deputy, Bruce Ruff says, “The potential use of lethality is pure incompetence by Sheriff Gore.”

Sonic Weapons Used In Iraq Positioned At Congressional Town Hall Meetings

 



45% Of Doctors Might Quit If ObamaCare Passes Senate

45% Of Doctors Would Consider Quitting If Congress Passes Health Care Overhaul

Investors
September 15, 2009

Two of every three practicing physicians oppose the medical overhaul plan under consideration in Washington, and hundreds of thousands would think about shutting down their practices or retiring early if it were adopted, a new IBD/TIPP Poll has found.

The poll contradicts the claims of not only the White House, but also doctors’ own lobby — the powerful American Medical Association — both of which suggest the medical profession is behind the proposed overhaul.

It also calls into question whether an overhaul is even doable; 72% of the doctors polled disagree with the administration’s claim that the government can cover 47 million more people with better-quality care at lower cost.

The IBD/TIPP Poll was conducted by mail the past two weeks, with 1,376 practicing physicians chosen randomly throughout the country taking part. Responses are still coming in, and doctors’ positions on related topics — including the impact of an overhaul on senior care, medical school applications and drug development — will be covered later in this series.

 



Millions of Patriots Marched in D.C.

Mainstream Media Cover-Up Implodes As World Discovers Millions Marched In DC

Kurt Nimmo
Prison Planet.com
September 13, 2009

The Gray Lady of Operation Mockingbird, the New York Times, reports today that “thousands” of patriots protested against Obamacare, cap and trade, the bankster bailout, and unchecked federal government power in the District of Criminals yesterday.

“The demonstrators numbered well into the tens of thousands, though the police declined to estimate the size of the crowd,” the newspaper reports, attempting to downplay the historical significance of the protest.

The New York Times says the police declined to estimate the crowd — or rather the corporate media declined to report it — because the number was around two million, the largest protest in the capitol’s history.

The protest out-numbered Martin Luther King’s “I Have a Dream” speech delivered from the steps of the Lincoln Memorial during the March on Washington for Jobs and Freedom on August 28, 1963. That march was estimated at around 200,000 people.

ABC News did likewise, pegging the turnout in the thousands. “Thousands of conservative protesters from across the country converged on the Capitol Saturday morning to demonstrate against President Obama’s proposals for health care reform and voicing opposition to big government, what they say is over-the-top spending,” the corporate propaganda outlet claimed on Saturday.

Ditto the War Street Journal — excuse me, the Wall Street Journal — although they put the number at tens of thousands. The Journal admitted the obvious: “While some Republican officeholders were at the rally, not everybody there called themselves Republicans.”

NPR, the news service of Soros and the foundations, did the same parlor trick with the math, putting the number at tens of thousands. NPR contradicted itself, however, and reported that as “the demonstrators walked along Pennsylvania Avenue toward the U.S. Capitol, the line stretched as far as the eye could see in either direction. The crowd was so thick in places that it was difficult to move.”

As to be expected, the “progressives” (left cover bankster faction) attempted to portray two million patriotic Americans as racists. Think Soros, formerly known as Think Progress, posted a blog entry supposedly revealing racist placards at the event — in fact, none of the signs showed were racist — the worst the Soros operatives produced was a photo of a woman with a Confederate flag. The Soros clan said everybody at the event was white (as if they had examined the skin color of two million people).

It’s not going to work. The two million people who showed up to voice their outrage at a federal government out of control and in violation of the Constitution was but a small sampling of the millions of people across the country in opposition to Obama and the corporate-fascist agenda of his one-world masters.

If Obama and the Democrats ram the deathcare bill through the House by way of “reconciliation,” the opposition will redouble its numbers and once again take to the streets.

http://www.youtube.com/watch?v=1UULBKgxRGk

http://www.youtube.com/watch?v=64wgKsc2ZCw

http://www.youtube.com/watch?v=c1cqF0YkuZc

http://www.youtube.com/watch?v=-VMXz6xGeqc

 

Judge Napolitano Interviews Glenn Beck – (9/1/4/2009)

http://www.youtube.com/watch?v=tFe-D80nz0A

 

9/12 demonstration a record DC turnout: National Park Service

American Thinker
September 13, 2009

The truth will out. Despite mainstream media attempts to characterize turnout as in the thousands, a spokesman for the National Park Service, Dan Bana, is quoted as saying “It is a record…. We believe it is the largest event held in Washington, D.C., ever.”

Democrats and their media acolytes may wish this weren’t so, and they may even employ the Ostrich Strategy, burying their collective heads in the sand, pretending that a major important political movement isn’t happening. But they only hasten their own demise in doing so.

Meanwhile, Gateway Pundit compares the littler left behind on 9/12 with the aftermath of the Obama inauguration. It is a startling contrast.

A million march to US Capitol to protest against ‘Obama the socialist’

White House Says Health Care Protesters Not in Mainstream

Private health insurance lobbyist throws fundraiser for Nancy Pelosi: Report

The Truth About the Health Care Bills

Health Care Deceit

 



Fines Up to $3800 for Failing to Get Health Insurance

Fines Up to $3800 for Failing to Get Health Insurance

FOX News
September 8, 2009

Families who fail to get health insurance could be fined up to $3,800 under a health care reform plan proposed by a top Senate negotiator.

Sen. Max Baucus, D-Mont., who as chairman of the Senate Finance Committee is leading talks among the “Gang of Six” senators to hammer out a bipartisan compromise, offered what he described on Tuesday as a “framework” and not a “final product.”

But the detailed proposal comes just days ahead of a self-imposed Sept. 15 deadline for such a deal. Baucus is pushing his committee members hard to hammer out a bill, and those details come as strong suggestions.

Baucus has set a deadline of 10 a.m. Wednesday morning for fellow members of the bipartisan group to offer “specific proposals” for a compromise bill. He made clear “time is running out” to get a deal.

“The rubber is starting to meet the road….We’re not going to dawdle,” Baucus told FOX News Tuesday evening.

“Time is running out very quickly. I suspect I’ll be making some decisions very quickly,” said Baucus, who added that he would like to have something to give to Obama before the tomorrow night’s speech to the joint session of Congress.

Baucus says he does not think the lack of a public option at all endangers the bill or its support with members of his party.

“Over the next week or so, the Finance Committee will move forward with health care reform.”

“We very much want a bipartisan agreement,” Baucus said. “To get a proposal out of the Finance Committee, it cannot have a public option.”

The framework of Baucus’ proposal, a copy of which was obtained by FOX News, includes what amounts to a no-choice option. It would make health insurance mandatory, like auto insurance.

The plan would provide tax credits to help small employers and help cover the cost for households making up to three times the federal poverty level. That’s about $66,000 for a family of four, and $32,000 for an individual.

Those who still don’t sign up would face hefty fines, starting at $750 a year for individuals and $1,500 for families — for those making up to three times the poverty level.

For those who make more than that, the penalty on individuals would jump to $950 and the penalty on families would jump to $3,800.

There would be a few exemptions, including for Native Americans and for those making incomes below the federal poverty level.

The plan does not include a government-run health insurance plan to soften the blow of the coverage mandate.

Instead, Baucus opts for a system of non-profit cooperatives, as part of a broader health insurance exchange.

As a way to pay for the package, estimated to cost under $900 billion over 10 years, Baucus is proposing a 35 percent excise tax on insurance companies for high-cost plans — defined as those above $8,000 for individuals and $21,000 for family plans.

The Senate Finance Committee is meeting Tuesday, as President Obama prepares to deliver a high-stakes speech to both chambers of Congress Wednesday night in a bid to invigorate the push for reform.

Four committees have already passed their bills; Baucus’ panel is the only one yet to act. His committee’s bill is also the only one that could be considered bipartisan.

Baucus hits major elements in his plan that other top Democrats say are important. His plan would require health insurance plans to guarantee coverage and would prohibit them from excluding coverage based on pre-existing conditions.

Premiums would be allowed to vary based only on tobacco use, age and size of family.

But the fines pose a dilemma for Obama. As a candidate, the president campaigned hard against making health insurance a requirement, saying it’s too expensive to mandate. White House officials have since backed away somewhat from that stance, but there’s no indication that Obama would support fines.

Americans Will Be Forced To Buy Health Insurance

Obama Betting His Charm Will Be Enough Counter Health Care Reform Opposition

Already, 23 Dems have said they will vote ‘no’ on healthcare reform