Jack wrote:
On Oct 11, 10:33 pm, wrote:
On Mon, 11 Oct 2010 17:26:56 -0700, "nom=de=plume"

wrote:
Better coverage for early retirees to help reduce costs for those between 55
and 64.
When does that happen? My costs doubled

There are some nice sounding things in the list. Unfortunately, they
are unfunded mandates. It's all of us that have to fund them now. In
this case, the dims taxed us indirectly and without calling it a tax.
The huge tax increase is coming as well.

If there's no new legislation correcting the flaws, in 2014 the ****
will hit the fan.
That's when the exchanges and premium tax credits kick in.
And "mandatory" insurance.
Tax credits for those up to 4 x "poverty level."
Sent directly to the insurance companies apparently.
Oddly enough there are reports reports calling these credits "tax
cuts."
Here's a couple examples
http://www.usinsuranceonline.com/new...-cut-800110389
http://www.familiesusa.org/resources...x-credits.html

What the hell?
Seems like basic finance/economics knowledge is lacking.
Anything the gov gives in credits must be raised as taxes first.
By not going with a "public option" and instead keeping the private
insurance companies as the sole providers of insurance, you'll get
double taxed - and one rate will be solely controlled by the failed
American health care insurance industry.
Though they're under pressure now to keep rates in check.

I really hope the supremes find the mandatory payments to private
insurance companies unconstitutional.
Then a Medicare buy-in might happen.
But given how both Dems and Reps are in the pocket of any organization
that can pump $millions into their coffers, it might not happen.
It's a shame how corrupt and gutless our pols are.
No surprise there's a Tea Party. No surprise at all.

Jim - Three card monte is most practiced by politicians.