Out of control health care costs are a tapeworm

[scootrd]

Oldshooter:

You have a right to your opinion just like Warren does.  However,  unless we have someone here who won the Nobel Prize in economics, I have a very strong feeling that Warren has forgotten more about economics than the sum total of posters on this site know.  

+1

[Oldshooter]

Oldshooter:

You have a right to your opinion just like Warren does.  However,  unless we have someone here who won the Nobel Prize in economics, I have a very strong feeling that Warren has forgotten more about economics than the sum total of posters on this site know.  

+1

Well hell vote for obama again!

[scootrd]

Oldshooter:

You have a right to your opinion just like Warren does.  However,  unless we have someone here who won the Nobel Prize in economics, I have a very strong feeling that Warren has forgotten more about economics than the sum total of posters on this site know.  

+1

So you are kidding me I assume. When Bush was in office it took him 8 years to accumulate 4.9 trillion in debt. your man obama has accomplished in one year what it took bush 2.5 years to do. At this rate he will accumulate over 4 trillion in debt by his 3rd year! I so hope he gets no more than 4!

And we are talking about what obama has done to fix the economy since buffet thinks he is doing the right stuff. You bush haters are gonna have to get help! He aint here anymore he cant be affecting the economy anymore. obama owns the wars now! he owns the economy now, he owns the debt now! Put your hatred away and look at whats happening now. I dont hate obama but I hate what he is doing to the economy and what he is trying to do to health care.

BTW

On Inauguration Day, the Debt stood at $10.626 trillion. The latest posting from the Treasury Department shows that as of July 31st, the debt hit $11.669 trillion.

He's not my man , but you cant give any administration  2 wars,  a 10.7 trillion dollar debt , a collapsing economy , highest unemployment  in years and a spoon and expect someone to dig us out of this mess. I don't think anyone could republican , democrat or progressive alike with a backhoe could. and I don't hate Bush , I dont even know him, I think he was a probably a kind man who surrounded himself with bad people making bad decisions. But what happened in the last 8 years is going to have lingering affects for years no matter who is in political office.

[Oldshooter]

but you cant give a man 2 wars

Why not, Bush had em. he did fine until the banks and lending companies that the barney frank and the government subsidized and propped up failed.  And if obama really thinks the Bush debt is wrong why has he decided to increase it, he is making Bush's debt look like small potatoes. The economy belongs to obama since he took office and has done everything he could to demoralize and destroy the capitalist system that made this country the global power it was. You hate Bush, I say before this is over,  Bush will look like a hero compared to obama and if obama aint your man stop propping him up and blaming bush. obama needs no help in blaming Bush.

If you honestly think obama is the right President for this country, and is doing the right thing for the economy then you should vote for him again and support his health care plan!

Just dont ask me to drink the kool aide!

You say Bush caused the high unemployment? maybe you should check your figures!

He also did not have eight years of bad economy! Recheck those figures as well.

Me thinks you watch too much msnbc, and have drank the koolaide.

[DDZ]

So Buffet thinks Obama has done the right things to help the country recover. Why should anyone think any different? Since Buffet knows whats best, and he is an economical master mind. 

[briarpatch]

I think al gore and obama both won a nobel prize. Does that make al an expert in gobal warming. or obama an expert in any thing.
The nobel prizes are nothing more than progressives give lip to progressives.
buffet just more of the same. 

[gypsyman]

Like I said earlier. Buffet doesn't care how the health care costs are rising. Or why. He's got his fingers into both sides, and will make money no matter what happens. Health care costs are only rising to those who actually have to pay for them. Because my wife and I both work, and pay 100% of our insurance,she's part time and I'm self employed, it will affect us.
To those that are illegal or on welfare, what do they care. Their not paying for it anyway. Tort reform would help. So would making the freeloaders contribute. Make them work for their handouts. gypsyman

[billy_56081]

If you look most "studies" that support that malpractice insurance is a minor cost in Health care are done by either insurance companies or lwyers. They do not in any way take in the costs of defensive medicine used in defence of lawsuits. When you look at the true costs it becomes a huge percentage of the totl health care costs. Again wehave people who are padding their pockets lying to us. As the conspriracy folks say " follow the money".

The tapeworm in the subject line of this thread is a parasite, and we all know who are the parasites!

[beerbelly]

well I hope you liberal's will be happy with your government controlled health care! It looks to me like you are going to get it!
  I can hear you screaming and crying already! I am already on government health care, the V A. It is as close to no health care as you will ever have. And it takes you all day for even the most minor thing.
    I had an operation there three years ago, they punched a hole in my throat with a tube they ran down my throat. So I was bleeding internally. They told me they were releasing my to go home. I told them I was not ready to go home a s some thing was very wrong. They sent me home anyway! The next day, a Friday morning I returned to the emergency room as I was passing and throwing up blood!
 They admitted  me Ran another tube down my throat with a pump to pump out the blood and I lay there until noon on the following Monday! Where the then told me I was going to need a blood trans fusion! Hope you libs get as good of care as I did , after all you want it!
                                    Beerbelly

[sagegrouse715]

BeerBelly: 

I am sorry to hear about your health difficulties and health care problems. 

The problems are not confined to government run VA hospitals.  My fishing buddy was diagnosed with prostate cancer last fall.  He had his prostate removed in a 7 hour surgery.  When he came out of surgery, he was served fish for his first meal even though he is deathly allergic to fish. He dealt with incontinence for 2 months. He developed scar tissue because of surgical problems and had urinary blockage.  They had to operate again.  He now has to catheterize himself daily for the next 2 months. 

He went to a private hospital.

[Dee]

This government has been full of "tapeworm" subsidies, and entitlements a long time BEFORE Obama got his turn at breakin us. Washington needs wormin but, the American voter hasn't got the stomach to do it.

[sagegrouse715]

    I like the worming imagery!

[billy_56081]

Dan tapeworms are not removed by voting. Killing them is the way you get rid of them.

[sagegrouse715]

Billy, this talk is bringing out your violent side!

[billy_56081]

Billy, this talk is bringing out your violent side!

Nahh, just grew up on a farm and we wormed the critters.

[sagegrouse715]

Oldshooter:
Spending your way out of an economic downturn is basically the way Alexander Hamilton used to take care of our revolutionary war debt.  It is the approach the esteemed economist John Maynard Keynes believed in and that FDR followed during the Great Depression.  The spending was to "prime the pump" of the country's economy.  Some economist disagree, but it is a way that we have used with some success in our past.

[sagegrouse715]

Billy, I have wormed a few critters in my day too.

[Oldshooter]

Oldshooter:
Spending your way out of an economic downturn is basically the way Alexander Hamilton used to take care of our revolutionary war debt.  It is the approach the esteemed economist John Maynard Keynes believed in and that FDR followed during the Great Depression.  The spending was to "prime the pump" of the country's economy.  Some economist disagree, but it is a way that we have used with some success in our past.

I beg to differ, oh one with breath of a leftist! It has never had success! the depression would have not lasted as long as it did had FDR not thrown so much money at it!

"Treasury Secretary, Henry Morgenthau, angry at the Keynesian spenders, confided to his diary May 1939: “We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and now if I am wrong somebody else can have my job. I want to see this country prosper. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this administration, we have just as much unemployment as when we started. And enormous debt to boot.”

There's no doubt that Roosevelt changed the character of the American government--for the worse. Many of the reforms of the 1930s remain embedded in policy today: acreage allotments, price supports and marketing controls in agriculture, extensive regulation of private securities, federal intrusion into union-management relations, government lending and insurance activities, the minimum wage, national unemployment insurance, Social Security and welfare payments, production and sale of electrical power by the federal government, fiat money--the list goes on.

[Dee]

Oldshooter:
Spending your way out of an economic downturn is basically the way Alexander Hamilton used to take care of our revolutionary war debt.  It is the approach the esteemed economist John Maynard Keynes believed in and that FDR followed during the Great Depression.  The spending was to "prime the pump" of the country's economy.  Some economist disagree, but it is a way that we have used with some success in our past.

FDR kept this country in the depression years longer than it would have been in. When other countries were pulling out, we were still wallowing in it. WWII saved us from more years in depression because of FDR's "invented stimulus" package. He kept the free markets from "self adjusting".

[Oldshooter]

I can find nothing that supports Keynesian economics brought the country out of debt after the Revolutionary War. Sounds to me like he just taxed "us" out of debt!

Facing a chaotic treasury burdened by the heavy debt of the Revolutionary War, Hamilton's first interest when he took office was the repayment of the war debt in full. "The debt of the United States ... was the price of liberty,'' he affirmed, and he then put into effect, during 1790 and 1791, a revenue system based on customs duties and excise taxes. Hamilton's attack on the debt helped secure the confidence and respect of foreign nations.

[DDZ]

Keynesian economics is the idea that government can run the economy better than a free market, by stealing the peoples money and spending it for them. This has never worked as well as a free market and never will. 

Just because Keynes is an economist doesn't mean he knew what he was talking about. Just as being a president, does not make you know whats best for the country. 

[sagegrouse715]

TMZ:

I think your viewing conclusions are accurate.  Knowledgeable people do not think Buffett is an idiot.  His opinions may not be right, but they do merit consideration. 

The Consitutional Convention lasted less than 4 months.  How long has this health care debate been taking place?  It seems that a solution would be less complicated than making a nation.  We would still be under the Articles of Confederation if the large states and small states didn't compromise on the make up of Congress. 

[scootrd]

Knowledgeable people do not think Buffett is an idiot

Any administration in office no matter what political affiliation would have their hands
full right now repairing the economy which is a mess, and is at present having to
deal with a continuation of the last administrations initiatives.

Are their honestly still folks out there that believe the HC system is fine as it is?.
At least all Republicans, Democrats, and Progressives all agree it's unsustainable they way it is now.
They are just at odds on what the best fix should be.  

Plan "C" as Buffett recommended sounds like sage advice to me.  JMHO

I can find no fault with Buffets remarks.

[jjas]

I was notified last week that my families health insurance is going up 28%.  For a family of four, our out of pocket is $5,100 per year (plus whatever co-pays and other costs we may incur during the coming year if we actually use our health care).  This total obviously doesn't include the companies co-pay of an additional $15,000. 

$20,000 for health care (before it's even used) for a family of four........

[Oldshooter]

Who said Buffet is an Idiot.


The Statement that Buffet thought obama was doing a good job helping the economy rebound is what I disagree with and still do!



This is something all you Keynesian folk can listen to and learn. Its not in the beginning.


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[sagegrouse715]

Most economist say the golden age of the 50's and 60's were inspired by Keynes.

[DDZ]

Who said Buffet is an Idiot.


The Statement that Buffet thought obama was doing a good job helping the economy rebound is what I disagree with and still do!



This is something all you Keynesian folk can listen to and learn. Its not in the beginning.

Loved his last statement. "Start by cutting everything that isn't Constitutional"  I bet the Keynesian folk hate to hear that.

[Oldshooter]

Most economist say the golden age of the 50's and 60's were inspired by Keynes.

WHERE DO YOU DIG UP STUFF LIKE THAT!     Ask Warren Buffet about keynes!

[briarpatch]

sagegrouse715 send me your money and I will spend you into riches. I will use keynes method.
You can overnight a credit card to me and by dark tomorrow night you will surpass warren buffet in riches.
 In less than a week you will be able to hire bill gates as your gardener.
Get er done, dont delay, times a wasting.
Me and you on your money.

[sagegrouse715]

Based on your comments, I would rather have my money go to taxes than give it to you.  There would at least be the possiblity that it wasn't being spent by a fool.