Posted by Larry Doyle on October 25th, 2013 10:33 AM |
With all too many people and organizations in our nation parroting the talking heads from one side of the political aisle or the other, who is willing to take the sledge hammer and break the healthcare vice grip under which we all suffer?
If you do not read the work of The Market Ticker’s Karl Denninger then you do yourself a real disservice. I believe Denninger is the smartest and hardest hitting individual in the blogosphere today. In regard to Obamacare and our overall health system, he pulls no punches in exposing the scam for what it really is, a racket.
Posted by Larry Doyle on October 4th, 2013 7:16 AM |
Well, with Uncle Sam not open for business again today, we can forget about the monthly employment report that is released the first Friday of every month.
But let’s redirect our focus for the moment. The roll out of Obamacare this week has generated a slew of reports from both ends of the political spectrum and their respective media accomplices. What is to be believed?
Is the inability to access the healthcare websites in many states a function of overwhelming interest by people looking to sign up or an inoperable system that is just another example of a dysfunctional government run wild? (more…)
Posted by Larry Doyle on June 11th, 2013 1:12 PM |
Your healthcare premiums were going to go down under Obamacare, right? Not so fast.
The benefits will far outweigh the costs, correct? Well, let’s navigate to America’s heartland and pose that question to the citizens of Ohio who will be picking up the tab. Might some — perhaps many — individuals who delivered the state for the President care to reconsider?
Recent news emanating from the Buckeye state would seem to indicate that when it comes to healthcare, the only thing that will be declining are the savings accounts of a lot of individuals. (more…)
Posted by Larry Doyle on May 14th, 2013 8:39 AM |
A month ago Senator Max Baucus, a Democrat from Montana, projected that he envisioned the implementation of the President’s new health care program, aka Obamacare, as being “a train wreck.”
Well, in reviewing a report released yesterday by the US House of Representatives Committee on Energy and Commerce, we gain a greater appreciation for just how expensive this train wreck might be.
I hope readers are not already feeling ill at ease this morning because after reading this report I can assure you that you will get sick. Let’s navigate and look more deeply at The Looming Premium Rate Shock: >>>>>>> (more…)
Posted by Larry Doyle on March 22nd, 2013 8:04 AM |
I guess we might soon expect Ben Bernanke and his pals at the Federal Reserve to discount the cost of health care from the core rate of inflation. I mean the cost of health care is not truly indicative of what it costs to run a family now, is it?
For those not aware, food and energy costs are not incorporated in determining the core rate of inflation. If the Fed discounted the costs of all goods and services, we might just be able to generate a report that reflects stable prices.
Pardon my sarcastic cynicism, but it is hard to restrain myself upon reading a lead story in this morning’s Wall Street Journal that should be entitled, Health Care Premiums: Bend Over ‘n Brace Yourself. Let’s navigate as the WSJ writes . . . (more…)
Posted by Larry Doyle on February 12th, 2013 3:01 PM |
I so appreciated the delivery given by Dr. Benjamin Carson at the National Prayer Breakfast the other day, that I welcome highlighting a 7-minute clip in which he continues to attempt to elevate our national discussion.
Who in our nation would disagree with Carson’s assessment that we need to have a truly engaged debate rather than the normal clanging and bantering that resonates from Washington? Watch. . . listen . . . learn from our newest inductee to the Sense on Cents Hall of Fame, Dr. Benjamin Carson. (more…)
Posted by Larry Doyle on June 8th, 2011 5:57 AM |
What issue in our nation generates the strongest personal reaction?
While my poll is entirely unscientific and my answer is my own opinion, I STRONGLY believe that the topic of healthcare generates the strongest reaction of any issue facing our nation. Why? It’s personal nature, that is, “if you do not have your health, then what else really matters”? (more…)
Posted by Larry Doyle on September 23rd, 2010 7:25 AM |
Our economy is experiencing disinflation and trending towards deflation, right? Well, it looks like the health insurance industry did not get that memo. If rates do go up, they can’t be more than a few percent, right? Wrong!!
Although this issue is not getting the attention it deserves, once again those footing the bills in our nation are getting bent over. In my home state, a recent story highlighted Health Insurers Seeking Rate Hikes of More Than 20 Per Cent in Connecticut:
Health insurers are asking for immediate rate hikes of more than 20 percent in Connecticut for some plans, citing rising medical costs and federal health reform laws as reasons.
Both issues — the new federal health care reform and rising medical costs — are significant drivers of the increases, according to filings by insurers with state regulators that were reviewed by The Courant. (more…)
Posted by Larry Doyle on May 4th, 2010 12:45 PM |
Not that you would find it in any media outlets (believe me, I’ve looked for the last hour), but earlier today President Obama publicly acknowledged that American companies will be forced to take immediate charges to income from the recently enacted healthcare reform.
Recall that members of Congress railed on a number of corporate executives for highlighting these charges shortly after the legislation was passed. Rep. Henry Waxman initially called a special meeting to castigate the corporate executives, but then tucked his tail between his legs and cancelled that meeting when it became apparent that he did not truly understand the basic accounting principles necessitating these charges. (more…)
Posted by Larry Doyle on March 23rd, 2010 6:11 AM |
Sifting through all of the pros and cons of healthcare reform, I strongly believe the greatest fear for the majority of Americans is that Uncle Sam will screw up the delivery of healthcare itself. Healthcare is the equivalent of the third rail for Americans. Uncle Sam can go ahead and touch almost every other aspect of our lives, but when it comes to our health and access to our physicians, now that is truly personal.
Can Uncle Sam deliver? I guess it is possible, but regrettably Americans increasingly do not trust the “old man” on this topic. (more…)