"If at age 20 you are a conservative then you have no heart. If at age 30 you are a liberal then you have no brains."
Sir Winston Churchill

Obama obviously knows very little about economics, specifically that "Society stagnates when independent productive achievers begin to be socially demonized and even punished for their accomplishments." This dilemma fogs Obama's reality. To him, accepting this truth is a "false choice", his answer to things he doesn't understand. And by the way... where is John Galt?

Saturday, January 16, 2010

Some of the more Alarming Aspects of ObamaCare

The healthcare reform plan being pushed by House Speaker Nancy Pelosi and President Barack Obama and passed by the House on Saturday illustrates the Democrats radical agenda. Some of the more alarming aspects of the bill:
Sec. 224 provides that 18 months after the bill becomes law, the Secretary of Health and Human Services will decide what a "qualified plan" covers and how much you'll be legally required to pay for it. That's like a banker telling you to sign the loan agreement now, then filling in the interest rate and repayment terms 18 months later.
Sec. 59b says that when you file your taxes, you must include proof that you are in a qualified plan. If not, you will be fined thousands of dollars. Illegal immigrants are exempt from this requirement.

Sec. 1114 replaces physicians with physician assistants in overseeing care for hospice patients.

On Nov. 2, the Congressional Budget Office estimated what the plans will likely cost. An individual earning $44,000 before taxes and purchases his own insurance will have to pay a $5,300 premium and an estimated $2,000 in out-of-pocket expenses, for a total of $7,300 a year, which is 17 percent of his pre-tax income.

A family earning $102,100 a year before taxes will have to pay a $15,000 premium plus an estimated $5,300 out-of-pocket, for a $20,300 total, or 20 percent of its pre-tax income. Individuals and families earning less than these amounts will be eligible for subsidies paid directly to their insurer.

Sec. 1161 cuts payments to Medicare Advantage plans (used by 20 percent of seniors). Advantage plans have warned this will result in reductions in optional benefits such as vision and dental care.

Sec. 399V provides for grants to community 'entities'  (such as Acorn) with no required qualifications (except having documented community activity and experience with community healthcare workers) to educate, guide, and provide experiential learning opportunities' aimed at drug abuse, poor nutrition, smoking and obesity.

Secs. 2521 and 2533 establishes racial and ethnic preferences in awarding grants for training nurses and creating secondary-school health science programs.

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