Liars

[buckman]

Originally Posted by JohnnyD

I didn't know this was a bill to "stick it to the insurance companies" who are in bed with Republicans, or is that how Rush and Hannity describe it?

Also, you put a lot of focus on stock prices and what the market does. The price people pay for a stock is merely what the investing population feel is a fair price. To answer your question, the stocks of those companies probably went up because people are *speculating* that this will increase their income. Probably a good bet considering an additional 32 million people will be insured and the public option doesn't exist.

Don't listen to either of them, thank you
You made my point...and no cap on premiums along with every 26 year old adult still feeding on their parents ins.
I suspect the Dems will be pushing the public option once the rates go through the roof. And then the sheep will thank them for saving them from the mean insurance industry

[JohnnyD]

Originally Posted by buckman

Don't listen to either of them, thank you
You made my point...and no cap on premiums along with every 26 year old adult still feeding on their parents ins.
I suspect the Dems will be pushing the public option once the rates go through the roof. And then the sheep will thank them for saving them from the mean insurance industry

Still doesn't explain how this was a "stick it to the insurance companies" bill. Since when does increasing demand equate to sticking it to them?

[buckman]

Originally Posted by JohnnyD

Still doesn't explain how this was a "stick it to the insurance companies" bill. Since when does increasing demand equate to sticking it to them?

The Dems have positioned this bill as sticking up for the people against the health insurance companies. They have also accused the Republicans as being in bed with the HIC's, thus against this bill.

Who do you listen to? Oberman!!!!

[spence]

Originally Posted by fishbones

Clearly, I've read more of the bill than you.

Clearly.

I have to admit that when you use vagaries like "a lot of it", it sounds like the wealthy are going to be supporting the rest of us.

Don't they already?

In typical Spence fashion though, you don't provide any real numbers because you don't know them. The wealthy will only be paying a higher tax on Medicare. If you read the bill, you'd know that.

It's unfortunate that I'm so important as I don't have the idle time to do a lot of homework, perhaps I could ask my admin, but I doubt she'd comply.

The wealthy are going to bear the brunt of this bill, and the benefits are going to be spread among everyone else. It's not just the hikes in Medicare taxes for the rich, which are a primary source of funding, but applying Medicare taxes to income such as dividends and capital gains. Additionally it's going to cost more for companies to insure highly compensated executives.

Do you know anything about the mandates in the bill that could raise the price of premiums? Maybe you wouldn't mind having a plan that requires you to have coverage for infertility treatments or wigs. When the government mandates that a plan can only legally be sold in a state if it has certain mandates, it's effectively forcing people to pay more for their coverage.

There are also aupposed to be negotiated concessions with the insurance industry to cut costs.

I'm not aware of anything in the new bill that mandates coverage for infertility treatments, and as for wigs, I'm just thankful nobody in my family has cancer...

-spence

[fishbones]

Originally Posted by spence

It's unfortunate that I'm so important as I don't have the idle time to do a lot of homework, perhaps I could ask my admin, but I doubt she'd comply.

The wealthy are going to bear the brunt of this bill, and the benefits are going to be spread among everyone else. It's not just the hikes in Medicare taxes for the rich, which are a primary source of funding, but applying Medicare taxes to income such as dividends and capital gains. Additionally it's going to cost more for companies to insure highly compensated executives.
How do you define "wealthy"?


There are also aupposed to be negotiated concessions with the insurance industry to cut costs.
Cut what costs?

I'm not aware of anything in the new bill that mandates coverage for infertility treatments, and as for wigs, I'm just thankful nobody in my family has cancer...
I'm thankful nobody in your family has cancer, too. Unfortunately, I know a lot about what it does to people and the people close to them. It's an awful disease.
Do you need me to define "mandate" for you? If someone wants coverage for wigs or fertility drugs, they can choose a plan that covers those things. If it's mandated that everybody has to have a plan with those things covered, the premiums will cost more and you won't have a choice. Kind of like the old "don't worry, we know what's best for you" thing that seems to be the way of the administration.

Why don't you get back to me when you've had a chance to at least browse a little of the bill.

[spence]

Originally Posted by fishbones

Why don't you get back to me when you've had a chance to at least browse a little of the bill.

In think you need to defend your assertion that the wealthy are not footing a lot of the bill.

As for "wealthy", the Administration thinks it's above 250K. Personally I don't think that's rich, but we're talking about the top 2% of households who already pay over 40% of Federal taxes.

I'm in between planes right now, sorry if I don't have the time for some pretty graphics to adorn my post.

-spence

[fishbones]

Originally Posted by spence

In think you need to defend your assertion that the wealthy are not footing a lot of the bill.

As for "wealthy", the Administration thinks it's above 250K. Personally I don't think that's rich, but we're talking about the top 2% of households who already pay over 40% of Federal taxes.

I'm in between planes right now, sorry if I don't have the time for some pretty graphics to adorn my post.

-spence

I'm sure you have some "pretty graphics" in your pocketbook. Oops, I meant carry on.

[spence]

Originally Posted by fishbones

I'm sure you have some "pretty graphics" in your pocketbook. Oops, I meant carry on.

I have a rather booring Hartmann briefcase and a Tumi rollaboard that I do really love. Good to have a good suitcase when you're on the road as much as I am.

Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.

-spence

[fishbones]

Originally Posted by spence

Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.

-spence

Good luck with your deal. I hope it's as big as your huge ego.

[spence]

Originally Posted by fishbones

Good luck with your deal. I hope it's as big as your huge ego.

Nah, I don't really think it's ego.

-spence

Those people who think they know everything are a great annoyance to those of us who do.

-Isaac Asimov

[striperman36]

Originally Posted by spence

Nah, I don't really think it's ego.

-spence

yes it is

[scottw]

Originally Posted by spence

Good to have a good suitcase when you're on the road as much as I am.

Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.

-spence

oh please..you haven't been out of your mom's basement in a year and a half and a VERY LARGE DEAL for you is scoring a rare Star Wars figure on Ebay

[spence]

Originally Posted by striperman36

yes it is

You're confusing ego with confidence.

-spence

[spence]

Originally Posted by scottw

oh please..you haven't been out of your mom's basement in a year and a half and a VERY LARGE DEAL for you is scoring a rare Star Wars figure on Ebay

Don't tell my son, he loves Star Wars.

-spence