Americans' net worth shrinks $1.33 trillion in 1Q

[knuckleboner]

Wanna bet?

with you? nope.

(after all, my track record's not so solid...)

[letsrock]

The commercial real estate foreclosures are just starting to happen, banks hold onto them longer hoping for a tenant, but the enevitable is only going to erupt as the Second Wave.

And then Obama wants to buy everyone in the land health insurance, in a world where we can't even afford social security we're sending everyone to the doctor who wants to go?

Thats true. All at the expense of the working person.

[Big Train]

well, i agree that we are by no means out of the woods. all i was saying was that it's foolish to state that the country has gone to hell in a handbasket since obama became president.

however, regarding the government spending and jobs, in actuality, only a small portion of the stimulus funding has been spent. the majority will be spent in 2010.

On your first point, agreed.

The stimulus money thus far though, has returned little if any positive benefit. Cranking that level of result up is a net negative effect.

[Nitro Express]

No politician wants to be responsible for an economic catastrophe. So what they tend to do is prolong the problems to where they won't hit critical mass until they are out of office. I would have personally loved to see the big banks fail and go under. It would have shocked the economy and we would be feeling the pain now but the process would have weeded out the bad money and the good money would take over and rebuild a stronger economy. Obama is trying to avoid a hangover by throwing good money at bad. Instead of puking hard and getting it over with, he's trying to keep us from feeling sick by having us drink more. It will only prolong the misery in the long run.

[GAR]

No politician wants to be responsible for an economic catastrophe.

Not true, Obama's plan is vaguely a 1.2 to 2 trillion dollar insurance scam. I'd call that catastrophe in and of itself!

[hideyoursheep]

What kind of health insurance do YOU have, GAR?

Is it free?

Is there a premium?

How 'bout a co-pay?

Ever been turned down by a doctor who doesn't "take" your brand?

Do you think that only those well-off enough to pay cash are the only ones entitled to live?

Do you know how many bankruptcies and forclosures are a direct result of health care costs?

Do you know how many of those listed above had health insurance?

It's pricing itself out of reach of the every American and it needs reworked.

Period.

Just because you yourself aren't affected doesn't mean it isn't a problem.

Like Global Warming.

[Blaze]

Thats true. All at the expense of the working person.

It's the working persons that need to be able to attend doctor's for REAL heath issues. The persons that work is optional well, they can afford the doctors they wish.


“Do you also do brain enlargement?”

[matt19]

GAR if i wanted to i could search the internet for something to cut and paste, I could prove every theory I have about life. So do everyone a favor and stfu.

[GAR]

There is no theory here, Congressional Budge Office says it could well be over 1 tril, Obama's outlined the cost will be about 1.2 tril yet the Republicans are saying he's pulling numbers outta his ass and the actual figure will be closer to 1.8 trillion which we never had in the first place since the war budget so far is almost 900 billion and the national debt is already over 11 trillion!

You shouldn't take my word for it, no. I just pull numbers out of the air like the US President. Check this website if you gave half a shit, and read some of the stories leading up to why and how we're in THIS much debt before Obama's master plan to hand over the US Bankruptcy to the Europeans.

U.S. National Debt Clock

[GAR]

Why do you think GE and its' 200 billion dollar HealthyMagination.com "plink plinka plink plinka" feelgood advertising is gonna get it's money back, unless it is sure it'll get payback by the Administration for running the new Public Health Insurance service? Or becoming its Czar?

Spend spend spend, taxtaxtax.. the pain is coming! You can't do one without the other.

[Big Train]

If Obama could do any of his stated goals, I will say he is a great president. However, in his actions I see none of it.

If the point of healthcare is to get it cheap, not figure out the best way to spread around an obscene cost, then it would be a success. Seems to me he is focused on how much the taxpayer will have to cover, instead of purely making his focus the cost (other than basic lip service). If the costs were in line, private business could still cover it, no problem.

Everything in the system does not require "Sweeping change" to fix it. In some cases it merely needs accountability and better execution. Actually, in a majority of cases.

[Nickdfresh]

If Obama could do any of his stated goals, I will say he is a great president. However, in his actions I see none of it.

If the point of healthcare is to get it cheap, not figure out the best way to spread around an obscene cost...

According to CNN, most industrialized nations spend about $2000-$3000 on healthcare per citizen, including those Canadian socialized de'bils. The US spends about $6000 per citizen.

[WACF]

According to CNN, most industrialized nations spend about $2000-$3000 on healthcare per citizen, including those Canadian socialized de'bils. The US spends about $6000 per citizen.

Question for ya...

I do not know if this is a factor in that drastic difference in money spent but...

Are your rates set for different injuries?

For example.

If you break your arm...does one clinic cost more than an other?

I know here...hospitals/doctors bill the gov according to set rates for different procedures...they can not just make up whatever amount the doctor sees fit.

[Big Train]

According to CNN, most industrialized nations spend about $2000-$3000 on healthcare per citizen, including those Canadian socialized de'bils. The US spends about $6000 per citizen.

This is America, where it will never get that cheap via socialized medicine. It is more likely to end up under Obama like GM with it costing 12k per person and Elvis' nurses union owning 55% of Blue Cross.

Not to mention, the words "Standard of Care" would be drastically different. What passes muster in another country will certainly not in this pampered country of ours.

[Big Train]

Question for ya...

I do not know if this is a factor in that drastic difference in money spent but...

Are your rates set for different injuries?

For example.

If you break your arm...does one clinic cost more than an other?

I know here...hospitals/doctors bill the gov according to set rates for different procedures...they can not just make up whatever amount the doctor sees fit.

I could be wrong, someone please correct me if I am (like I need to ask), but I believe the ins. companies negotiate with health care providers for different rates for different things and levels (HMO vs. PPO), so it varies quite a bit. I had a specialist for my kid recently tell me after I switched plans that he didn't accept the ins. Cash ended up working out better for both of us...go figure.