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Old 11-11-2012, 08:14 AM   #1
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Originally Posted by mikehkang View Post

One at a time guys one at a time.


@brp987

"You actually believe that a bankrupt government will actually be able to follow through in providing unlimited care for all? Or that insurance co.s can exist as going concerns when saddled with unlimited costs w/o driving rates through the roof - Obama or no?"

No. I don't expect anything from the government. I have had a private insurance that I paid for all my adult life. However, after watching "Sicko", I came to realization that having a private insurance, would not protect me if I became too ill. If you have not watched the movie, see it. Let's discuss.

One way to not saddle an insurance company with unlimited cost would be to have a single payer system. While I am open to that idea, I understand that that option is too "socialistic" for many of us. I get that. Hence, I think the Obamacare is a reasonable compromise. If we were/are able to spend $5 billion a week on two wars, can we not spend a fraction of that money for our healthcare? I worry about our government going bankrupt too. Hence my suggestion of taxing any corporation doing business in USA to pay our corporate tax rate on their global profit.
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Inclosing, I want to share with you guys something I read recently. I read that the Medicare's admin costs are 3%, far below 30% average admin costs of private insurers. I need to study if those numbers are true. "IF" this is true, are we f@#$ing stupid? Why aren't EVERYONE under Medicare? Is there a doctor in the house who can opine?

Disclaimer: I am sure I have made a ton of mistakes writing above. I will edit without changing my meaning. Thanks for understanding.
Mike, I work for the government and I can assure that gov has nothing to offer the likes of Kaiser, Blue Cross, etc in terms administrative efficiency. Much of the cost of medicare admin is by those who draw their salaries from other depts. I'm not a doc, but you should read Sally Pipes"The truth about obamacare". 1/3 of docs do not accept medicare patients due to low reimbursement rates. The reimbursement rates are due to be further cut in the near future. On top of that, obamacare throws millions more on medicare to be funded by states that cannot afford it and are suing to get out.

As for the $5 billion/week spent on the wars, you must know that the US has run trillion $ deficits each of the last 4 years. It's been borrowed. Worse, it's been counterfeited by the Fed thru treasury purchases. You should read "The creature from Jekyll Island" which begins: "What is the Federal Reserve? The answer may surprise you. It's not federal, and there are no reserves. Further, the federal reserve banks are not banks."

Finally, who is this mysterious deep pocketed "single payer" who will fund unlimited healthcare costs? It's not the gov. It's not the ins cos. It's not you. Who!? It is a mirage.
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Old 11-11-2012, 12:05 PM   #2
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Originally Posted by brp987 View Post
Mike, I work for the government and I can assure that gov has nothing to offer the likes of Kaiser, Blue Cross, etc in terms administrative efficiency. Much of the cost of medicare admin is by those who draw their salaries from other depts. I'm not a doc, but you should read Sally Pipes"The truth about obamacare". 1/3 of docs do not accept medicare patients due to low reimbursement rates. The reimbursement rates are due to be further cut in the near future. On top of that, obamacare throws millions more on medicare to be funded by states that cannot afford it and are suing to get out.

As for the $5 billion/week spent on the wars, you must know that the US has run trillion $ deficits each of the last 4 years. It's been borrowed. Worse, it's been counterfeited by the Fed thru treasury purchases. You should read "The creature from Jekyll Island" which begins: "What is the Federal Reserve? The answer may surprise you. It's not federal, and there are no reserves. Further, the federal reserve banks are not banks."

Finally, who is this mysterious deep pocketed "single payer" who will fund unlimited healthcare costs? It's not the gov. It's not the ins cos. It's not you. Who!? It is a mirage.
Well articulated BRP987 !
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Old 11-11-2012, 02:05 PM   #3
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Originally Posted by brp987 View Post
Mike, I work for the government and I can assure that gov has nothing to offer the likes of Kaiser, Blue Cross, etc in terms administrative efficiency. Much of the cost of medicare admin is by those who draw their salaries from other depts. I'm not a doc, but you should read Sally Pipes"The truth about obamacare". 1/3 of docs do not accept medicare patients due to low reimbursement rates. The reimbursement rates are due to be further cut in the near future. On top of that, obamacare throws millions more on medicare to be funded by states that cannot afford it and are suing to get out.

As for the $5 billion/week spent on the wars, you must know that the US has run trillion $ deficits each of the last 4 years. It's been borrowed. Worse, it's been counterfeited by the Fed thru treasury purchases. You should read "The creature from Jekyll Island" which begins: "What is the Federal Reserve? The answer may surprise you. It's not federal, and there are no reserves. Further, the federal reserve banks are not banks."

Finally, who is this mysterious deep pocketed "single payer" who will fund unlimited healthcare costs? It's not the gov. It's not the ins cos. It's not you. Who!? It is a mirage.
Hi brp987,

Thanks for writing.
So if not Obama care, what should if anything can we do? Do we just sit and do nothing? What's your solution?

As for the federal deficit, it is my belief that all of us are paying for years of monetary neglect. A great country like ours requires a large budget. This is especially the case when we as a country insist on having a military budget that is greater then roughly the next countries put together. Our country needs money.

What I came to conclude on my own is that the tax break of Bush years was wrong. Just as some of us put money into the repair fund of our cars, we should have saved the surplus in more wise way than to give tax break to the higher income earners. However, all of us were happy to receive the tax cuts and now the country has no money. Our country has IMS failure and there is no money in the repair fund.

Take a look at this.


It looks like Uncle Sam used to make pretty good money. "His cut" on his wealthy nephews were pretty high over the years. I believe if we want to go back to the good old days, the Uncle's cut has to be more than what it is now. We simply can't maintain the life style of the old with lowest tax in our country's history.

We were able to balance the budget only 12 years ago. Is it too crazy to think that perhaps the rates back then were "correct" for the country of our size an needs?

I repeat again that I don't wish to change anyone's POV.
I believe I belong in the middle of the political spectrum. I am the swing voter if there ever was one. And looking at both Dems and GOPs fighting from where I am, I was pretty sure that GOP will lose last week.

Yes, I did notice the lack of color in Romney's campaign HQ, but I bet I wasn't the only one.
While it made no difference to me, who knows? Perhaps some people thought it was a problem.

The country is changing.
If the GOP wants to regain in future, something has to change.
(If I were a Democrat, I would say, "Stay the course guys, stay the course.")

The idea that the "market knows best", I don't believe anymore. I used to, but not since 2008. The game IS rigged. The money goes to where the money already is. What's with no estate tax? Raise the limit to say $10mm but let's tax anything above. That's another way to reduce the deficit.

I will still look into the 3% vs 30% cost claim. I usually like hard numbers.

When Warren Buffet said the tax rate should be higher, I remember some people telling him and him alone to pay more if that is his belief. Well, if any of you guys think that there is too much "entitlement" given out the government, your can promise to not collect social security. Why add to the deficit?

Didn't Cheney said, the deficits don't matter?
At least Obama says the deficit is a problem.

I don't know. Perhaps we would not be fighting so viciously among us if the Russian Bear was still around.
We fight too much.

Thanka again brp987.

Last edited by mikehkang; 11-11-2012 at 02:32 PM.
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