The Housing Bubble

HA
A bit on the cranky side?
You’re not a mensch, we get it, but it’s Thanksgiving, lighten up.

You backpedal 365 days a year.

Messiahcare is curing the sick, healing the lame, bringing sight to the blind,

It is only just started to.

In California, Some Happy About Canceled Insurance Policies

http://www.kaiserhealthnews.org/Stories/2013/November/26/california-insurance-cancellations-upside.aspx

Barbara Neff of Santa Monica is one of the roughly 1 million Californians who recently got word that their health insurance coverage would be expiring soon. The canceled plans sparked a political firestorm as people realized President Barack Obama’s promise – “If you like your plan, you can keep it” — didn’t apply to everyone.

But Neff, a 46-year-old self-employed writer, isn’t outraged. She’s relieved. Even though she makes too much money to receive a subsidy to buy insurance under the Affordable Care Act, the policy cancellation was good news for her.

Neff says she’s been stuck in a bad plan because treatment for a back problem years ago red-flagged her with a preexisting condition.

“The deductible has ranged anywhere from $3,000 to as high as $5,000, which means I have to spend that much each year before the insurance even kicks in,” she says. “I was rejected [from a more affordable policy] because I’d had a bout of sciatica five years previously that has never returned.”

On Jan. 1, the federal health law prohibits insurers from denying coverage or charging more for such preexisting problems. That’s opened an array of options for Neff, who has enrolled in a new plan through California’s state-run insurance marketplace, Covered California. On Thursday, the exchange board voted unanimously that it would not extend canceled policies, rejecting the president’s proposed fix for the problem.

Neff’s policy has a $2,000 deductible and her premium will go up by $24 a month. Under the federal law, she’ll no longer have to pay for preventive care, and she figures that alone will more than make up for the additional premium costs.

And if only people with pre-existing conditions sign up and the healthy young people do not because they are paying more, the system collapses. Obama’s people say it is fair because people should not get cheaper health care due to their winning of the genetic lottery. However, that ignores that most of the people that they have claimed have won the genetic lottery have actually worked hard to maintain their health by eating right and getting exercise. Conversely, many of the people that have lost the “genetic” lottery have abused food, alcohol and drugs and now want a subsidy for their behavior.

And if only people with pre-existing conditions sign up and the healthy young people do not because they are paying more, the system collapses.

The “system” had already collapsed. Thus the ACA. And even Repubs back the pre-existing point. So your point in the context of politics is hypocritical and meaningless.

We will make it illegal for an insurance company to deny coverage to someone with prior coverage on the basis of a pre-existing condition, eliminate annual and lifetime spending caps, and prevent insurers from dropping your coverage just because you get sick. GOP dot gov

‘Soon the millions poured into ads with a positive spin will set your mind back at ease’

Hey Rio, I see you are trying to load my blog up with Obamacare links. Since so much money is being spent, I’ll allow each link for $10 Paypal donation. There are about 7 in moderation right now, so pony up $70 and I’ll let them in.

I have a better idea. Whatever O-care would cost you monthly, make that the charge per link.

Hey Rio, I see you are trying to load my blog up with Obamacare links.

Just thought between the dozen or so anti-ACA posts, the lies, the gay slurs and the gross references to seminal fluid, you’d allow some facts to be presented.

That’s not how you roll?

http://www.realclearpolitics.com/video/2013/11/13/obamacare_architect_genetic_lottery_winners_have_been_paying_an_artificially_low_price.html

The system has not collapsed for the “genetic winners”. Can you imagine if you tried to sell car insurance where you could not take into account a person’s accident and DUI history? You then required everyone to cover that high risk driver so he or she could have low cost insurance. What do you think it would do to insurance rates? You would have ten “loosers” for every winner just like the ACA.

This is the same type of social engineering that led to the housing bubble that is being maintained, ignore people’s credit history, their ability to finance their own down- payment and even their income, just allow them to buy a house to be fair.

Can you imagine if you tried to sell car insurance …

Can you imagine that a
“Harvard study finds nearly 45,000 excess deaths annually linked to lack of health coverage” pnhp dot org Physicians for a National Health Program

There is a big difference between health-insurance and car/other types of insurance. Driving a car is a privilege not a right. Many have missed the memo but health-care/insurance is now a de-facto right in America. The ship has sailed.

Obama Is Wounded. Obamacare Is Unstoppable Bloomberg 11/24/2013

Another difference between health and car insurance is that someone cannot die or decline in health because he lacks car insurance. (I’m sure there could be a freak example somewhere.) Another is that the health insurance market doesn’t function like other insurance markets. If your house burns down and your homeowner insurance policy pays to rebuild it, the chance of your house burning down again is about the same as it was before the fire. If you have cancer or heart disease, what insurance company would ever write a reasonably priced policy for you unless risk is pooled?

Risk has to be pooled to cover all Americans. Insurance is collectivist because risks are pooled. Employer based health insurance is doubly pooled. Medicare’s risks are pooled.

Anyone on Medicare or who has health-insurance and who begrudges Obamacare’s risk pooling is a hypocrite.

The difference between auto and health insurance is that eventually everyone needs healthcare. Not so with auto insurance.

That analogy doesn’t really work.

Insurance companies are required to cover high risk drivers (SR-21) at affordable rates in Texas.

This is subsidized by the good drivers. Republican governor and State Senate support this as it drives profits to the insurance companies.

Fine, so you are just back to saying two wrongs just make a right. Because a Republican has supported a bad policy it is ok to have a bad Democratic policy. As far as the insurance comparison sure there is a difference between auto and health insurance but the basic principle is the same, while you must create pools, the pools should reflect the individual risks This is true in life insurance, smokers should pay higher premiums than non-smokers. That is how it works and should work, forcing people to pay more than they should is imposing a hidden and higher tax and since no one earning under 250,000 was suppose to have his or her taxes raised, you have just exposed another lie of the liar in chief.

Because a Republican has supported a bad policy it is ok to have a bad Democratic policy.

It is not a bad policy because if you can’t get coverage because you are sick, or you can be dropped for getting sick or you can’t afford the premiums, then health-insurance is meaningless.

the pools should reflect the individual risks

They do, based on smoking and age.

My smoking is an addiction, therefore a pre-existing condition. Pay for me, foos.

“the pools should reflect the individual risks

They do, based on smoking and age.”

They pretend they do but they don’t since the differences do not reflect the actual risks.

In case of smokers, by ignoring pre-existing conditions you ignore the damage they caused to themselves and with they young they are clearly subsidizing the old since the pools do not reflect the reality of the cost difference.

they don’t since the differences do not reflect the actual risks.

Canada, Europe and the USA all proved that there can never be near universal coverage without some risks being subsidized. How is this not now proven?

The young has always “subsidized” the old in society because the older has always “subsidized” the very young in society and in civilization.

Health-care and generations taking care of each other do not boil down simply to right-wing, dollar worshiping failed ideology.

We’re talking a country here, people, citizens, our fellow Americans, not a Koch brothers funded spreadsheet. ACA is a step in the right direction. And it has sailed.

Fixt it for you Tranny…

“ACA is a step in the right direction. And it has failed.

And it has failed.

ACA is reality. Your “bluster” is like an old man’s fart in the wind. You can’t stop this train. grrrrrrrrr

“Fixt it for you Tranny…”

You must be having flashbacks of your lover’s stocking.

lol (that was funny!) woff woff!

Happy Thanksgiving. You could use one.

…. and it’s even a bigger failure than you Lola.

it’s even a bigger failure than you Lola.

Not the way I define failure.

I’m going to the beach tomorrow and Monday with freedom, love, an income and a high net-worth. You’re gonna build your self-described “crapshacks” on Monday in the dismal New England slush living with your hate and obvious frustration on many levels.

Happy Thanksgiving.

You’re exhibit A in failure.

“I’m reading dozens and dozens of stories of people being saved by/saving money by the ACA and how the website is getting better.”

Well, good for you. You’re existing in some alternate reality than others, so whatever floats yer boat.

BTW, one cardinal rule here: don’t slag the blogger, who does this blog at his own expense and is pretty liberal in letting people post stuff.

The Rio source?

http://capitolcityproject.com/non-partisan-group-paid-1-million-produce-positive-obamacare-stories-close-obama-administration-tied-enroll-america/

The Rio source?

Your math is weak again. I like to play poker with people like you. “$1 million to produce positive Obamacare stories”? I’ll see your “1 million” and raise you “millions”.

Conservative groups pouring millions of dollars into ad war against Obamacare (Reuters)

* Groups spend millions to attack healthcare law

…WASHINGTON, Oct 30 (Reuters) - Buoyed by the troubled rollout of President Barack Obama’s healthcare law, conservative groups are pouring millions of dollars into advertising campaigns that portray Obamacare as a disaster …

Obama has spent hundreds of millions promoting Obamacare using tax payers money. So I raise you an order of magnitude. We will see next November whether healthcare is a right, and I predict not Rasmussen that the voters will not find that it is a right.

Another Obamacare success:

http://www.politico.com/story/2013/11/online-shop-enrollment-delayed-by-one-year-100438.html

Obama has spent hundreds of millions promoting Obamacare using tax payers money. So I raise you an order of magnitude.

You don’t think the right is spending hundreds of millions?
You don’t think FOX, Rush, Hannity and O’Reilly’s propaganda is worth billions of dollars in negative Obamacare “advertising”?

Koch Brothers and Ed Meese Join Together To Oppose Obamacare economicpolicyjournal . com

The billionaire Koch brothers, Charles and David, have been deeply involved with financing the overall effort. A group linked to the Kochs, Freedom Partners Chamber of Commerce, disbursed more than $200 million last year to nonprofit organizations involved in the (Anti-Obamacare) fight. Included was $5 million to Generation Opportunity, which created a buzz last month with an Internet advertisement showing a menacing Uncle Sam figure popping up between a woman’s legs during a gynecological exam.

From the WSJ, Nov. 25

Nov. 25, 2013 4:25 p.m. ET

Regarding “ObamaCare and Echoes of 2010,” Review & Outlook, Nov. 16: There are two simple questions that nobody seems to ask individual Democrats. Did you read and understand the Affordable Care Act before you voted for it? And have you read and understood the thousands of pages of additional regulations, now made part of the bill?

If their response is yes, then they knowingly voted for and purposely created, the health-care chaos that has resulted.

If their answer is no, they did not read and understand and now want changes, then they initially abdicated their responsibility and are now attempting to obfuscate their earlier lack of attention to duty and detail.

Either way, the Democrats’ recent prognostications about “fixing the problems” (that they alone created) are not only disingenuous but also obvious and transparent.

Or, perhaps the Democrats’ call for modifications, exemptions or delay is to divert attention from the potential underlying purpose of ObamaCare, which is to initiate and then expand a program that is so bad and becomes so out of control “that only the federal government can fix it.”

Nonpartisan group paid $1 million. Nonpartisan? SRSLY?

The bottom line is that health insurance is just like other insurance despite the left’s meme to say it is different. It is a product that needs to be sold to consumers. When deciding to buy the insurance the consumer weighs the cost of insurance against the probability of a loss and the extent of the loss. Price it too high and the consumer will not buy. Young people have historically under estimated their need for insurance and raising the cost of insurance to provide a hidden subsidy to older and sicker people will only make this problem worse and that is why the ACA is fatally flawed. The $95 or 1% of income fine is not high enough to change that fact.

Obama would not have won election never mind re-election if he had not promised people making under $250,000 that their taxes would not be raised. While the ACA already violates this pledge, “fixing it” would require an even more substantial violation. It will take trillions of dollars to cover the older, sicker population without forcing the young to subsidize them and that will require everyone over $50,000, probably, to pony up. The death spiral on this thing has just began.

that health insurance is just like other insurance despite the left’s meme to say it is different

Health insurance is way different than “other insurance despite the right’s meme to say it’s the same.

45 million people don’t die every year for lack of boat insurance as they do for lack of health-insurance. Millions of Americans have not gone BK for lack of renter’s insurance as they do for lack of health-insurance. And millions of Americans are not in a state of fear and declining health for lack of 1954 Telecaster insurance as they are for lack of health-insurance.

Obama would not have won election never mind re-election if he had not promised people making under $250,000 that their taxes would not be raised.

Prove it with math, even your math. You can’t because most high income voters live in Obama states anyway when it comes to the Electoral College. And there are not enough making over $250K anyway because a lot would have voted Obama even with the small tax increase. Next?

He would not have continued to poll it and find out that he needed to say it. The 250,000 dollar was no accident. Next Rio.

“45 million people don’t die every year for lack of boat insurance as they do for lack of health-insurance”

Not that is just typical Rio math, 45 million people don’t die in this country period. Not even in ten years. You are matching your country’s average IQ of 87 today.

45 million people don’t die in this country period.

You’re right, I’m watching “Breaking Bad” and distracted. It’s 45,000

Harvard study finds nearly 45,000 excess deaths annually linked to lack of health coverage pnhp.org

First good excuse of the day, Breaking Bad is too good to concentrate on anything else.

45,000 excess deaths

I recognize this is a tough way to put it for some, but that’s 15x the number (and it’s PER YEAR) who died on 9-11. So, while we fight them over there we’re dying over here.

Our priorities are so effed in the a.

How many are going to die because Obamacare cut medicare 500 billion?

I would imagine that those hundreds of millions of taxpayer dollars being used to “promote” Obamacare are spent to implement a law. Yeah, a law passed without a single Republican vote, but a passed and proven Constitutional law.

How many are going to die because Obamacare cut medicare 500 billion?

I don’t know. My comment wasn’t an endorsement of Obamacare.

“Our priorities are so effed in the a.”

Are you talking about Obama’s or Rio’s priorities?

How many are going to die because Obamacare cut medicare 500 billion?

There’s an example of the hypocrisy from those on the right. They want to gut Medicare but when Obama “cuts” a small amount within the big picture of a massive change giving healthcare to millions more than the “cuts” will affect, they act like they care.

How can they do this with a straight face is beyond me.

Rio’s priorities?

My priorities are the truth. Your priorities are to try to scare me away with names, gay slurs and bs math.

Hint: It won’t work. It makes me stronger and you look like a scared, outclassed fool to those who matter.

Happy Thanksgiving.

Yeah, a law passed without a single Republican vote, but a passed and proven Constitutional law.

Constitutional because it was determined to be a tax which is contrary to how Obama sold it and contrary to his pledge not to raise taxes on people making less than $250,000 a year.

The bottom line is that health insurance is just like other insurance despite the left’s meme to say it is different.

I’m not sure. I think this gets into tit-for-tat territory.

In addition to the version you’ve spelled out, I’ve heard versions following:

Rightie: People shouldn’t be *forced* to buy anything.
Leftie: Aren’t you forced to buy auto insurance? (implying it’s not different)
Rightie: It’s different because driving you are putting other people at risk.

it was determined to be a tax which is contrary to how Obama sold it and contrary to his pledge not to raise taxes on people

Wow, that “argument” is really going to stop the ACA. Not.

It’s more like a child crying “it’s not fair!” Hint: Life’s not fair but a little bit more fair now with the ACA.

Happy Thanksgiving to all without exception.

Really? It seems like a website either works or it doesn’t. If people can’t sign up then they can do all the claiming it is
“Fixed” they want but it won’t wash. Conversely, if it does allow the sign ups then they get the credit for fixing it.

Their problem is that they backed themselves into a corner with an objective reality that fiats won’t fix. We’ll see. Three more days and counting.

they backed themselves into a corner with an objective reality that fiats won’t fix….Three more days and counting.

LOL…ACA will not be stopped if the website still has problems in 3 days. The ship has sailed.

How can you have any credibility Strawberrypicker when you just got out of prison for selling meth? *

*Fake “Arguing” Strawberrypicker style.

It’s already been stopped. Use your “beach time” to contemplate it. And it is even worse than just Obamacare. It has discredited your whole socialist mentality just as you were crowing about the death of conservatism.

During the Reagan era wages actually increased after inflation during Obama’s presidency they have fallen.

Obama inherited a jobs base and economy demolished by Reagan’s now-proven-to-have-failed trickle-down economic “ideas”.

Sorry RIo but there were 20 years between the end of the Reagan era and the start of the Obama presidency, he did not inherit the Reagan economy. Of course, this time he did inherit an economy from a real economic moron, Obama.

Obama presidency, he did not inherit the Reagan economy.

Of course he did. Here’s you’re not understanding math and trends again. For 30 years we’ve been on the path and trend of pursuing Reagan’s /Republican’s failed trickle-down globalization folly. Because of that, the TREND has been going down for the middle-class and good jobs during that time.

We are reaping the results of the ideas Reagan sowed.

for whatever one sows, that will he also reap.

So Clinton should not have changed the path if he thought it was wrong?

So Clinton should not have changed the path if he thought it was wrong?

Clinton should have changed the path if he thought it was wrong. But Clinton didn’t have half the guts as Obama. (Bill that is)

Ronald Reagan saved us from the economy close to a total collapse handed him from Carter. The high inflation and high unemployment economy of Carter. It was up to the following presidents to keep his vibrant economy from turning into crony capitalism.

Ronald Reagan saved us from being indivisible.

Reagan started the right’s self-serving hate for our government and the decline of the middle-class.

All these died in the wool Liebs who hate on Reagan so much. Went to school hearing professors hate on Reagan and bought the line. Why not Carter or Nixon or LBJ or earlier? I blame George Washington, no King George, no Miles Standish, no Julius Ceasar.

Went to school hearing professors hate on Reagan and bought the line.

I never heard one professor talk about Reagan. Did I miss that in Physics?

Wow, you took physics in college? That’s amazing. Maybe you should offer to help out on the healthcare website.

“Ronald Reagan saved us from the economy close to a total collapse handed him from Carter. The high inflation and high unemployment economy of Carter.”

The credit markets were liberalized under Reagan. Without ample controls easy credit transfers wealth to the rich.

have you ever been to pyramid lake? The truckee river flows from tahoe out that way and heads north in fernley. the river kind of flows adjacent to I80 for awhile. I always see people fishing as I drive by.

Never been out there but it could be a fun day trip. Go fishing maybe?

Pyramid isn’t half the sewer that Tahoe is.

I guess that is a positive huh? I don’t go to tahoe anymore, got boring to me.

the lift tickets are real crazy now too. Greedy b@stards take all the fun out of it.

lack of original ideas and thoughtful posts.

Dang. I apologize, this being the eve of a holiday of goodwill. I’m sorry.

I was talking about the liquor relating to your drinking problem. (Autocorrect turned a previous “souse” into spouse). Your lying problem is even worse. Claiming that you are going to have a bummer thanksgiving, but you supposedly have a wife and a high net worth and all and now you are saying you are going to the beach.

I do have no idea of your charity, but I have an idea that you are a fraud.

Again, I say, why not invite over some orphans from the slums. Bring em by the streetcam along with the wife. Your stock would rise here immensely.

Lack of original ideas? The Statue of Responsibility is a great idea!

Claiming that you are going to have a bummer thanksgiving,

Hint, one can miss one friend’s, mom and family while still being loved, having a high net-worth and walking 10 min to the beach.

but I have an idea that you are a fraud.

No you don’t. But you have an idea that my ideas scare the piss out of you. It shows. Wuff Wuff!!

relating to your drinking problem.

“Drinking problem”? Wrong dude. Where do you come up with this crap? Do I do smack too? Do I kick my dog? Such tactics show I’m winning big.

Your stock would rise here immensely.

Stock rising in your eyes is no real goal of mine.

LOLZ…

The drunken lying tranny couldn’t step up to the first challenge.

“Again, I say, why not invite over some orphans from the slums”

I wouldn’t do that, they might bring their friends and play the “knockout game”.

Only alcohol could explain your behavior here. I was being generous and not blaming something harder, but then you bring up smack.

I was being generous and not blaming something harder, but then you bring up smack.

And you get jealous about smack? Never did smack. Had a chance to. Is it good? But you don’t do it anymore because you sell it? Is that why you did your time in Oklahoma? *

I only just now realized, “Thanksgiving is the bummerist holiday for me in Brazil.” I thought you meant it was going to be a bummer of a holiday. Now I see what you meant by bumm- erist holiday. Can’t keep a good DLT down. Enjoy trolling those beaches, keep it safe.

DLT

What is a DLT tj?

Down Low Tranny.

Here’s the problem with business models similar to znga: your success is sort of at the pleasure of a site like FB, by extension, Mark Zuckerberg. It was a sad day when ebay did a massive affiliate dump, for example.

Now, if znga can find another home…

“Raising taxes on the rich has nothing to do with Communism.”

You’ve got a point there. Under Dwight Eisenhower the highest marginal tax rate was 91%!!!!!!!!!!! And if ever there was an anti-commie, he was one. His purpose in doing so, as I understand it, was to benefit the middle class, which he saw necessary to the prosperity of the nation.

Also in NY during that time, Robert Moses twisted Met-Life’s arm and got them to finance and build Peter Stuyvesant Town, a rent controlled development for returned war vets and their families. It’s where I spent the first four years of my life. Broke my heart when Tishman Speyer bought it from MetLife at the height of the bubble and turned it into a shothole.

Eisenhower knew a strong middle class would defeat communism.