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For decades, Congress has helped itself to the Social Security fund, figuring they would pay back the money before it needed to pay out.  Social Security recently began calling for the money back right now.

All those loans started three years ago to help stimulate the economy under Shrub come due this year, and there are lots of questions about whether they can be paid back or not, potentially sticking people with trillions of dollars in debt.

There was already speculation that Medicare was going to collapse by 2020.

And now, a nearly $1 tril addition to all that has been passed in the form of health care reform that perpetuates insurance companies instead of getting them in line passed 219-212.  You know, the ones who got nailed in the junk bond scheme and have been teetering.  Nice to have friends in Washington.  Remember, this doesn't extend health care to anyone, if makes it illegal not to have it.  That's not extending benefits, that's forcing people to participate in a market.

Interestingly, this is going to be signed.  I'm no longer hearing about the "plan" to merge a second hastily passed bill that will "fix" this one.  They got what they wanted, a new protected market for their contributors, and that's all that matters.

Although, one thought does make me smile -- hey, Rush Limbaugh!  Done packing yet?!?

Several states will be subsidizing for other states.  Illinois, which is already facing a huge financial crisis with talk of increasing taxes to go along with just about every fee shooting instead of curbing wasteful spending, is getting stuck paying for Nevada because the poor dears there have such a rough economy.  The same Nevada Obama has villified in speeches as the home of wasteful spending (and actually caused their tourism business to take a dive).

My suspicions about the R's using this to gain a supermajority got their first boost as the news started talking about how all the carping could blow up in their faces, as most Americans won't see any changes, good or bad, for years.  The media which helped get Obama elected is saying it could be risky for the D's but gave certain pronouncements to the R's.  The spin machine is on, trying to nullify the angry electorate.  The R's are going to take advantage of voter rage.  This election will be no different than any other, with the voters as just an angry force of nature instead of making informed choices.  I get so sick of people who don't care they are being used.

The only angle left here is another rebellion, a real wild card that I can't predict.  Several states are complaining that this is now a states' rights issue, that they should not have to pay and participate in this.  They are talking about taking the bill to court.  Could it shoot it down?  Maybe.  States rights vs. the fed is a real quagmire, so God only knows what the results will be.  And this assumes no one takes the bill to court for being unduly burdensome to begin with.

It's days like today that make me happy I'm nearer the end of my life than the beginning.

Comments

( 8 comments — Leave a comment )
ying_ko_4
Mar. 22nd, 2010 01:45 pm (UTC)
We are already forced into the Auto Insurance market in order to drive. It's civically irresponsible to not have health insurance and expect care of any sort with no ability to pay. That is taxation without representation, AFAIC. With laws on the books that health care providers (hospitals) cannot turn away somebody for basic care, regardless of ability to pay, we have already been paying for the health care of others and it makes those costs higher for those who are responsible.

If people acted more responsibly, then this sort of mandate wouldn't be needed.

The CBO does indicate that this will lower the deficit, and it is in line with what Obama said he wanted to do to lower the deficit over the long term, and that is to reign in health care spending....as it is the largest part of the increasing deficit.
sinetimore
Mar. 22nd, 2010 03:07 pm (UTC)
I'm afraid I must respectfully differ with you on this. Auto insurance is different from personal insurance because, if something goes wrong with an auto accident, it impacts the environment around you, with property damage, injury to others, lawsuits, and so on. Life insurance only impacts you, so I see that as a matter of choice instead of community import.

I agree that if people acted more responsibly, this wouldn't be needed. Then again, if people acted more responsibly, most of our current laws wouldn't be needed, either. I'm kind of of the mindset that most of our laws encourage lack of responsibility. There's a small dammed river by where I live. There are undercurrents, and everyone knows not to swim there. Well, came the response, what about people from out of town who are walking along, see violently swirling waters and think it would be a good idea to swim there? Signs were put up, but that wasn't enough, because what if people can't read (not kids, they specifically argued for people who couldn't read)? So they erected a fence around the area. Lately, I've been of the mentality of dealing with these Darwin Award candidates by just removing the warning labels from everything and letting the problem solve itself.

I'm not convinced by the CBO's argument. My basic understanding of the bill is that it accomplishes the cutting by shifting costs around to other areas. I read an estimate that it could actually cost an additional $600 bil by the time this is over.

Only one thing's for sure -- unlike Social Security and Medicare, where you had people on both sides of the aisle support this, this is all on the D's. They own this. If it goes right as they are saying, it will be their greatest achievement. If it goes wrong like people like me are fearing, it will be their biggest failure, and they will not be able to blame anyone but themselves. I just hate unknown quantities.
ying_ko_4
Mar. 22nd, 2010 03:13 pm (UTC)
"I just hate unknown quantities." - Tomorrow must be an awful concept for you... ;-)
sinetimore
Mar. 22nd, 2010 03:22 pm (UTC)
"Tomorrow must be an awful concept for you.... ;-)"

Dude, you have no idea. ;-)
ying_ko_4
Mar. 22nd, 2010 01:45 pm (UTC)
Oh yeah, and another thing...

Good morning! :-)
sinetimore
Mar. 22nd, 2010 02:57 pm (UTC)
Good morning to you, too!

You know, we are entirely too respectful of each other's differences of opinion. I'm telling you, we could have our own show. Maybe we should call each other "muffinhead" and see where it leads. Beats working. ;-)
ying_ko_4
Mar. 22nd, 2010 03:00 pm (UTC)
Perhaps is the dolts in Washington paid more attention to our friendly discourse, then Health Care reform might have been less acrimonious, more partisan and a true boon the American People instead of yet another Wedge Device.

BTW, did you see on Facebook that there is an already large group (6,000 plus) to help remind El Rushbo to leave the country? That amuses me...
sinetimore
Mar. 22nd, 2010 03:08 pm (UTC)
Re: your last paragraph....

Really? That alone almost tempts me to get a Facebook account!
( 8 comments — Leave a comment )

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