The ObamaCare insurance industry bailout warms up on its launch pad
It’s the bailout none dare speak of, the bailout we’re not even supposed to refer to as a “bailout.” No, no, you’re just fearmongering by using that term! Instead, you must talk about “risk corridors.” A risk corridor is a passageway wide enough to accommodate a few billion dollars of bailout money. If you think of the boulder that almost crushed Indiana Jones at the | Read More »
The “Consider This!” Podcast, Episode 66: Vague Criminal Descriptions, Will (Not) Work for ObamaCare, and How the Media Covers Abuse of Power
Some students at the University of Minnesota do not like the fact that, when descriptions of the suspects of crime on campus are made public, the race of the student is included. But is reporting it worth the risk? The percentage of Americans no longer looking for work is the highest it’s been in almost 40 years. Do we really want to be pushing people | Read More »
Oregon’s Healthcare Failures and Obamacare’s Electoral Impact
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech discuss Oregon’s many failed healthcare experiments, Obamacare’s impact on the mid-terms and how much the delays will effect Hillary Clinton in the 2016 Presidential race.
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You won’t BELIEVE just how furiously Politico spun this #DCCC #Obamacare memo!
Background: Politico has acquired a memo (which they did not share, shockingly*) from presumably the DCCC that describes the strategy, for lack of a better word, of the Democratic party with regard to Obamacare. Essentially, they’re going to: …[t]ell voters Republicans would make the problem worse — raising prescription drug prices, empowering insurance companies and even endangering domestic violence victims. The battle plan, details of | Read More »
How To Stop The Coming Single-Payer Monster
I recently watched a scary message from a RedState email about the single-payer path Obamacare is suppose to be heading. Many of you probably received and watched the message too. His name is Jud Anglin and he runs a healthcare business in Maryland. We already all know where Obamacare is suppose to be heading. He predicts that in 18-24 months (I think he did the | Read More »
The coming ACA death spiral.
You might have heard that even if only 25% of the enrollees are young adults that the overall costs of Obamacare will increase only 2.4% and a death spiral will certainly not ensue. Assuming that the enrollees don’t skew sicker than expected (we’ll come back to that) there is still a problem – the gender makeup. It is well known that men use fewer health | Read More »
The burden of truth
How are ObamaCare enrollments coming along? The correct answer is: nobody knows. By this I mean no one who knows the answer with better than 75 percent accuracy is willing to say so in public. This week the Administration updated its official count to 3.3 million enrollments. This number is absolutely false, and everyone knows it. Industry experts believe more than 20 percent of the enrollments counted by | Read More »
Really, GOP? Just… Really?
And so it came to pass that after a lot of bluster, the Republican leadership in Congress caved yet again to Obama on the debt ceiling and gave Obama want he demanded- a clean bill. After months of promising to gain some concessions from Obama on issues ranging from the Keystone pipeline to Obamacare, the GOP walks away with nothing again. To make matters worse, | Read More »
Free at last, free at last: celebrating the right to free-LOAD, at last
Friends, let me begin by congratulating Barack Obama for freeing the American public from the burden of labor that for too long has trapped citizens into slavishly “providing” for themselves and their family. Prior to the Affordable Care Act, far too many Americans, locked in employment, paid a heavy toll for trotting to work each morning, unable to think or act for themselves. Now, however, | Read More »
‘Impeach the President’
You guys in the press who are reading this right now can be such shameless whores. I generally try to hold to the standard these days that if I wouldn’t be outraged by George Chimpy McBushitler Halliburton and Darth Cheney doing something, I shouldn’t be outraged by President Obama. And if I’d be outraged by Bush, I should be outraged by Obama. But you journalists | Read More »
Obamacare Demonstrates Why Socialists Need Both Hammer and Sickle
So President Obama has issued executive orders that directly contradict passed legislation bearing his signature. Firms employing 50-99 workers are now exempt from the penalty fines for not insuring all of their full time staff under the “Affordable” Care Act. This was as deeply generous and caring as it was constitutionally legal. But, as President Obama explains. “The great thing about being President is that I can do anything I want.”*
Firms that are larger than 99 employees aren’t President. They encounter the following restrictions to their corporate free will.
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The One Year Obamacare Waivers Are A Trap!
We now have a President who is issuing executive orders that directly contradict passed legislation. A large number of people are relieved. They are small business people who have been granted two consecutive stays of the Obamacare provisions effecting business operations that employ between 50 and 99 workers. To wit, the president has suspended by fiat the legal requirement that every small business enroll every full-time employee in an Obamacare approved plan or pay $2,000 per un-enrolled employee. The Wall Street Journal describes this order below.
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Boehner and Cantor Declare No Debt Ceiling Increase Without Obamacare Delay and Keystone Approval
With the President delaying, again, parts of Obamacare, House Republican Leader Eric Cantor and Speaker John Boehner have declared they will not raise the debt ceiling unless the President does two things: (1) delay Obamacare by a year and (2) approve the Keystone XL Pipeline.In fact, Congressman Paul Ryan is standing shoulder to shoulder with them, telling Robert Costa, “Shutting down the government puts us | Read More »
Here’s Why Barack Obama is Delaying Obamacare Again
The Obama Administration is yet again delaying the employer mandate for businesses with 50 to 99 full time workers.The reason is the congressional budget office report.Page 124 of the report has this language:Beginning in 2015, employers of 50 or more full-time equivalent workers that do not offer health insurance (or that offer health insurance that does not meet certain criteria) will generally pay a penalty | Read More »
The Economist Who Predicted Obamacare’s Hit to Jobs
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Janet Yellen’s first trip to Capitol Hill as head of the Fed, the economist who predicted CBO’s Obamacare job loss numbers and if we are doomed to become Europe.
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