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40 to 67% October 30, 2013

Posted by hslu in Congress, Health Insurance, Obama, Obamacare, Taxes.
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Obama knew this set of percentages before hand; 40% and 67%, but he kept lying about it:

  • In 2007, Obama said:” if you already have health insurance, the only thing that will change for you under this plan is the amount of money you will spend on premiums.” “That will be less.”
  • In 2007, Obama said: “I will sign a universal health-care bill into law ….. that will cover every American and cut the cost of a typical family’s premium by up to $2,500 a year.”
  • In 2009, Obama said that: “If you like your doctor, you will be able to keep your doctor. Period.
  • In 2009, Obama also said: “If you like your health-care plan, you will be able to keep your health-care plan. Period. No one will take it away. No matter what.”
  • In 2012, Obama said: “For people with insurance, the only impact of the health-care law is that their insurance is stronger, better, and more secure than it was before. Full stop. That’s it. They don’t have to worry about anything else.”
  • In 2012, Obama said that: “If you already have health insurance, you will keep your health insurance.”

Yet, Obama and his administration knew all along that between 40 and 67% of people who have their own insurance will lose their insurance once Obamashame becomes law, according to a NBC investigation report.

Of course, Obama and his cronies made the law like this so that more people have to sign on to Obamashame or they have to pay a fine or a tax based on Roberts.

In essence, it was designed to be this way.

American politicians, starting from Obama, lie to American people but sadly they are not accountable for their lies. Obama lied  on Obamashame and by all account, Obama will get away from it. 

This is democracy and American people fall for it. For whatever reason that I didn’t understand, American dutifully kept sending their lying congressperson back to the Congress every two years. 

That’s why the Congress has an approval rating of around 10% but almost 90% of all current Congressperson got re-elected. They were judged by how much pork (money paid by other middle class people) they could bring home. Not by how many times they lied.

When politicians lie and mislead October 9, 2013

Posted by hslu in Congress, Economics, Health Insurance, Muslim, Obamacare, Politics, Small Business, Taxes.
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Obama on June 5, 2008 promised that he will put in place a health care program in his first term and it will: “ lower (health insurance) premiums by up to $2,500 for a typical family per year…”

Are US voters so shorted sighted or are they too gullible to believe something thing like this?

This was kind of misleading information and empty promises candidates will say and hope someone will vote for him or her.

People who voted for him will suffer the consequence of their action by paying a higher premium and possibly a smaller paycheck because their hours have been cut to 29 hours per week.

Everyone who signs up to the health insurance exchanges should remember what Obama said as they check out the insurance premium they will pay.

Do you know why companies got a one-year delay to pay for their employees’ insurance; itself illegal because the original law didn’t authorize this?

And do you know why individual mandate is not delayed?

I tell you why:

Companies have one more year to dump their employees from companies’ health insurance plan so that these people have to sign up with the exchanges if they don’t want to pay for the find.

The twenty-something will wait and probably pay the fine because it is much cheaper to do so. They are healthy. They don’t need health insurance. They also know that once they sign up with the government, they will in essence subsidize sick people’s insurance and insurances of those with preexisting conditions – a reverse wealth distribution  scheme, if you will.

I am sorry, it is not a fine. it is a tax as defined不 by the Supreme Court and the Chief Justice Roberts; a huge mistake by Bush.

In addition, as more people signing up with the exchanges, the harder it will be repealed by the Tea Party members in the Congress.

You may not know it but the seeds have been sowed: the seeds to accelerate the decline of the United States and the once all mighty country will eventually become a second tier nation.

The reason is very simple: the US has suffered two heavy punches since 2011: the first punch was 9-11 and the second punch was Obamacare. The results are two new taxes that the country will pay forever. Unfortunately, these taxes are burdens to the businesses and people alike.

Well,  Chinese keeps telling people that:

因果因果,有因就有果。因果相连一报换一报。不是不报只是时辰未到。等到时辰一到,全部都报。

因:Many people voted for Obama; some twice;

果:The United States was pushed to the left by Obama and Democrats.

果:A socialist country is forming fast and the inefficiency of anything government will soon show up in Obamacare. Cost overrun will happen just like what’s going on with Medicare and Medicaid. Quality of health care will suffer. Rational for seniors, say 85 and up, may become the norm. Research in medicine and medical instruments may suffer because government will limit how much the drug and medical instrument companies can make.

Talk about government inefficiency: after three years to get the exchanges open, people are still having difficulty signing up and buying insurance. These people have been waiting because they couldn’t get insurance before either they were too sick or too poor.

We will see how it goes;

正所谓:欲知后事如何;且听下回分解。时间还早呢!

I will keep an eye on Obamacare because I may be affected by the exchange in ways I may not know until it is too late.

The younger generation will have to pay for it in the form of higher taxes to keep Obamacare going. Remember, there are 47% of Americans who do not pay any federal taxes. Some of them will even get subsidizes from the federal government to pay for their health insurance premium, You know where that is from, don;t you?

 

 

 

40, 29 and 50 September 27, 2013

Posted by hslu in Congress, Economics, Health Insurance, jobs, Obamacare.
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That’s all you need to know about Obamacare‘s impact to you if you work for a small business:

1.   You will work 29 hours per week instead of 40 in the past.

2.   Your employer will keep the headcount below the magic 50 number. No expansion. No new hires. No health insurance to you.

You are on your own starting January 2014.

A big reminder: if you do not buy health insurance from the government, the IRS will track you down. Fines. Penalties. Back taxes. You name it.

According to some estimates, IRS has hired at least 4,000 more new agents to do just that and you don’t have to worry for them. They have health insurance from the government (that’s you and me; thank you very much.) and it’s not Obamacare.

Obamacare Is reserved for us whether you like it or not.

Watch out, doctors! Your payments from the government will come down as dust settles in a year or two. You thought dealing with the insurance companies is bad. Just wait for the forms from Obamacare. You have to justify this charge and justify that procedure. You’ll have to wait for approval before operating on your patients too.

Eventually, private health insurance companies will cease to exist because they won’t make enough money when they have to compete with the almighty government.

That’s just the way it will be.

 

Health Insurance and Mid-term Election August 21, 2009

Posted by hslu in Health, Health Insurance, Politics.
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Health Insurance and Mid-Term Election

The administration’s push on health insurance issue this year is sort of out of place amid the worst recession after WWII, sky-rocketing budget deficits, growing national debt and spending billions to bail out of troubled banks, insurance companies and financial institutions. All this plus without a clear plan to pay for it!

I believe the reason is that they don’t want to lose the mid-term election like Clinton did in 1994.

With a clear majority in both Senate and Congress, the Administration thought passing the health insurance legislature would be a walk in the park. As a result, it was originally decided that the deadline for such a bill was set in August 2009 before senators and congressmen and women go back home for their summer vacations. Besides, the president was confident that Americans are on his side and will more than willing to support his agenda.

Well, he will soon have to prove he was as good as he was sold to be by the news media during the election.

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