As we’ve said before Obamacare is a dysfunction generating machine. On all levels it’s rotten. This is what happens when the planners try to plan a vast swathe of the largest economy on earth. It is hubris. It is arrogance. It’s a disaster.
Remember, that the architect of Obamacare Johnathan Gruber (who was paid over $6 million for his “work”) said the only reason Obamacare passed was because the voting public was “stupid.”
I believe the only modern Olympics to make money were the 1984 LA Games. Generally speaking the Olympics are an economic hole. Tossing such a burden onto the back of a developing country like Brazil while it finds itself mired in the worst economic depression in a century might not be such a good idea. (They did ask for it of course.) Heck, even some of the athletes are bailing on Rio at this point.
(From The Independent)
Some 300 police held a rally on Monday rallied to protest unpaid wages and unsatisfactory working conditions.
A stones throw from the previous blast.
Image: Google Maps
So as of this moment we are being told that it was another chemicals depot. OK. That is pretty weird especially coming on the heels of the Tianjin explosion earlier this month.
Statists are gonna state.
Just a year ago some people scoffed at this map based on a study done by The Society of Actuaries. Now it looks like even these numbers aren’t even close to what people will actually see in terms of premium increases.
How many times do we need to learn this lesson? Central planning, big sweeping, one size fits all policies do not work. They are filled with waste, crony capitalism, and all sorts of unintended consequences which often are worse than the issue the original policy was created to ameliorate.
This is absolutely the case with corn ethanol subsidies.
The citizens just didn’t understand you see…When the president said you could keep your plan and your doctor what he actually meant is that most of the plans would be canceled and you wouldn’t be able to keep your doctor… See it’s kind of funny if you think about it.
And with this signature I hereby throw 1/6 of the US economy into chaos. You are WELCOME insurance companies and Big Pharma.
Now the giant spinning ball of Obamacare dysfunction is becoming public. Too bad no one reported these things before health care law exploded into the economy. Wonder why that is?
The Obamacare rollout is a disaster of mythic proportions. When Democratic Senator Max Baucus warned that the program looked like a train wreck waiting to happen, many in the media dismissed the prediction with a waive of a hand. Given that the warning was coming from a DEMOCRATIC senator who headed the Senate Finance Committee of all committees didn’t give that many people pause. Like the passage of Obamacare the rollout would be forced through and everything would work itself out.
Well, when the Daily Kos starts freaking out about the cost of Obamacare one can assume that things are not going so well.
I will state for the record that this graphic seems to be holding true:
Now everybody has to buy their product. One way or another. If someone doesn’t they are fined by the IRS. That is a pretty sweet deal for the insurance companies.
But we are told how Obamacare is a “progressive reform.” How finally everyone can get healthcare. How the President “stood up” to the insurance companies and pharmaceutical companies.
Nonsense. Barrack Obama is the largest enabler of the big 5 health insurance companies there has ever been,
Crony train wreck.