Posted by
Rajjpuut's Folly on Sunday, September 06, 2009 3:20:52 AM
It’s the dirty little secret that liberals canNOT bear to ever have revealed.
Obama turned one of their ugliest lies against the G.O.P. and idiot Republicans let it happen and never put up any fight . . . .
The three great tenets of insurance are: Risk, Indemnity and Incentives (via deductibles). By eliminating Risk from the equation, Obamacare expects to quickly run private insurance companies out of the game. Think of it this way: you go to Las Vegas and take $1001 with you to play roulette. It’s a double-zero wheel. You place a $1 bet on the color black . . . If you were to bet on black or red; odd or even; high or low numbers; one thousand times in a row, typically your average result would be a loss of between $52 and $53 at the table.
This is how the “law of large numbers” (also called “probability” but NOT “the law of averages”) works and that’s why the casinos can build their lavish building and bring in their headliner entertainment day after day after day. Some people will win a huge amount, some people will lose a small amount, most people will lose somewhere around the average loss and some people will lose a lot. But day after day it’s what pays for the building, the furnishings, the entertainment, all the employees, and all the advertising they do to attract customers. It’s all about Risk. Insurance, including health insurance is based upon the same principles.
Now let’s imagine you are a special customer and you can bet your special-colored roulette chips at the speed of light. You bet your $1 on Odd, just so as to avoid drawing attention to yourself. The little ball falls on 00, double-zero, and so fast no one can tell you’ve even moved you put $500 of your chips on double-zero and SNAP!! you’re back at your spot looking like you’ve been frozen in position all the time. The croupier does a double-take, he never saw that huge bet go down, if he had he would have yelled out “$500 on double-zero” in a quavering voice and been joined at the table by three or four pit bosses. Since your movements were so fast that even the “eye in the sky” watching for cheaters missed what happened, you get your way and win the $500 bet while dropping your $1 bet, sorry about that! Now that’s the way to gamble . . . . in the gambling profession it’s called “past-posting” and of course it’s cheating and could land you in prison. The same principle when being bandied about the house and senate is called “Obamacare.”
Obama and his liberal cronies have decided to take the risk out of health insurance. You can past-post (join up regardless of pre-existing conditions) and do a few other miraculous shenanigans that are designed for only one purpose: to drive the private health insurance into bankruptcy and eventually out of the business altogether. The only people who could possibly survive under the rigged past-posting and other rules created by Obamacare is the federal government . . . only they can lose money forever and keep right on operating (of course, they don’t really lose money, you, the taxpayer, do!)
What is going on here? Why would the federal government do such a thing: ensure that people in the business of taking risks, can’t do so anymore, can’t stay in business . . . and ensure that they’re creating a horrific losing situation for themselves? For example, why not let the insurance people do their thing while the government only covers the 13% or so of people without insurance or with inadequate insurance? There’s only one possible sensible answer: Obamacare is covering up something, something so hideous (from their point of view, and ours) that it must never be known.
What they are covering up is the reality that there is NO free lunch and no amount of government spending boondoggles can ever buy a free lunch. Recently they’ve covered up that reality with Social Security and Medicaid. Both programs have several times been scheduled to go bankrupt while still owning and owing immense contractual obligations to the American people. Somehow, miraculously it seems, every time one of these ill-conceived and inefficiently run programs is nearing bankruptcy, the date of reckoning (when the public will see just how miserably their liberal representatives and senators have managed their money with their government spending boondoggles) approaches . . . POOF! The program in question gets “rescued.” Of course there is no free lunch, so what really happens is a worse variation of the program is created that will push the Judgment Day further back in history away from public attention. It’s a lot like getting forty PAST DUE bills in the mail and dropping them all into the garbage before you even get back to your front porch, out of sight, out of mind . . . but not really taken care of . . . .
Today’s bankrupt program is Medicare. Right now the contractual obligations of Medicare can statistically be estimated at $34 TRillion. That figure is almost three times the size of our enormous national debt which Obama doubled in the first five months of his administration. Ordinarily, we’d expect the rude awakening to come in 2016 when Medicare will be officially bankrupt, presumably with about $47 TRillion in obligations it can NEVER meet. The main purpose of Obamacare is to make sure that ugly fact never comes to light, so people can’t see what the real cost of government spending boondoggle by the liberals amounts to . . . . key word: NEVER!!!
Now 85% of Republicans and 70% of Blue Dog and other conservative Democrats over time had little or nothing to do with any of these three GSBs (government spending boondoggles) . . . this is the dirty little secret that the liberals canNOT bear to ever have revealed. Hence, the urgency of Obamacare from the first moment it was conceived. Liberalism lives atop the monstrous dirty little lie that there REALLY IS A FREE LUNCH. It’s allowed to live atop that hill of lies because the Republicans and conservative Democrats haven’t the guts to make the liberals and the country face up to the evil they’re doing to our way of life. Even worse, recently the gutless Republicans actually allowed the liberals and Barak Obama to turn one of their ugliest liberal lies against the G.O.P. and the idiot Republicans let it happen and never put up much of a fight . . . .
Barak Obama loves to taunt the Republicans with this little witticism: “I’m not really interested in hearing from the people who got us into this mess in the first place . . .”
If that were true, Barak would never listen to another Democrat again. There are three crucial stages of law-building that created the “Financial meltdown of 2007 and 2008” and all three of them were presided over by majority Democrats and especially by the most leftist liberals among them, here’s the story:
1. Liberal Jimmy Carter and his Democratic majority were overjoyed to pass the 1977 mortgage guarantee act that soon sent the nation’s inflation rate up to about 19% and housing prices to the moon, only to crash in 1982. Mostly after Carter was gone, people ignored the law because it was so bad. However, in 1995, a young attorney named Barak Obama was hired by an outfit called ACORN. Barak’s job was to sue banks and literally engage in extortive practices so the banks had NO CHOICE but to make the bad loans required by the 1977 law or else be shut down. Obama as you’ll see was twenty times more guilty than George W. ever was.
2. In 1998, an otherwise fiscally very competent president named Bill Clinton, apparently to deflect attention off his activities with a favorite intern, signed into law a new and more atrocious mortgage guarantee law which with the 1977 Carter law already on the books, made the most god-awful home loans imaginable required by law. In November, 2003, Jim Stack of Investech.com was already warning of a combined foreclosure, sub-prime lending and housing bubble gone bust crisis. By January, 2005, the Bush administration understood what was going on . . .
3. The Democrats out-voted the Republicans effort to eliminate the worst aspects of those horrendous laws and they stayed on the books till July 2006 when a much weaker bi-partisan bill was passed . . . way too little, way too late.
The Republicans need to stand firm on all these GSBs such as “Cap and Trade” and ObamaCare. Even if ObamaCare was not a cover-up, it’s a horrendously bad bill. Two specifics from Chris Dodd’s latest effort: a. by law a citizen can be forced out of his insurance and b. by law an employer can be forced to remove himself and all his employers from their insurance. If you can fit those two provisions in with the key ideas of Risk, Indemnity and Incentive (via deductible) and make sense of it, you’ve been smoking way too much medical marijuana.
Ya’all live long, strong and ornery,
Rajjpuut