Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available You are not signed on; if you are a visitor please register for a free account!
Sponsored Advertising
To remove advertising from your display upgrade to Gold Donor status
MarketTicker Forums Single Post Display (Show in context)
User: Not logged on
Top Login Control Panel FAQ Register Logout
User Info CNN analyst : Obamacare case was a trainwreck ; entered at 2012-03-28 12:27:32
Midwestman
Posts: 2513
Registered: 2007-12-10 Indiana
If the mandate is rejected the law will be worthless. Most of the agreements made with insurance companies, hospitals, HMOs, Medical Device makers, Pharma, etc were predicated on the expectation that there would be a mandate and 30M more people would be "insured". Not having the mandate means they have to come up with some way to cover those 30M and given the state of fiscal affairs there is nowhere that money can come from right now.

Obama and co took the foolish and hasty way to enact health reform. Healthcare reform of some kind is WAAAAAAAAAAAAAAAAAAAAY overdue and it has been really f&^ked up by the various vested interests, including the idiotic population that thinks we can each live forever without any constraints or limits on our behavior - Pursuit of Happiness! The proper thing to do would have been to hold open forums where people can be educated on the realities of the healthcare process that no one in the media or government or private sector wants to talk about. People need to see how much money is spent, how it is spent, on whom it is spent, and what the benefits of that spending are -regardless of whether it is on a private account, government budget or whatever else volunteer/religious/magical payment system. Then it would make sense to ask if this is the best way to go about doing it, what can be done to make it more efficient and effective, what are the changes we each need to make and so on. But that would result in "winners" and "losers" being identified, and no one wants that - for liberals everyone should get a gold medal and a certificate and told they are each unique, for conservatives that would mean government and private industry getting together and choosing winners and losers and that is unacceptable, it has to happen in the mysterious magical world of the market, which is actually government, private industry deciding it agency and individual company level who are going to be the winners and losers.
2012-03-28 12:27:32