Quote:
Originally Posted by Ford Beebe
It's shameful we're the only industrial country that does not insure its people, and the appalling callousness of people who oppose everyone having some form of basic insurance really has me wondering whether this country is a nation at all.
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Uh, the United States was never a nation at any time. Not now, not in the past, and highly unlikely that it ever will be in the future -- unless you're looking at 5-8 centuries from now, like the year 2525 or something. I'll be nice and explain what a nation is, since your unionized public school system failed you.
A nation is a people of common ancestry who:
1] have the same culture;
2]
culture
3] speak the same language;
4] use the same alphabet;
5] worship the same god(s);
6] revere the same heroes;
7] cherish the same history;
8] celebrate the same holidays; and
9] share the same music, poetry, art and literature
The Cherokee are a Nation. So are the Lakota Sioux; the Olglala Sioux, the Miami, the Hopi, the Finns, the Lapps, the Norwegians, the Danes, the Swedes, the Germans, the Poles, the Scots, the Welsh, the Brits, the Irish, etc etc etc.
These countries are not nations:
United States
Belgium
Switzerland
Spain
Bosnia
Romania
Hungaria,
Moldova
Ukraine
Russia
Belarus
Every country in South America, and Asia, and many others.
Hopefully you won't make that mistake any more.
In spite of what you might think, no country on Earth insures it's people. Since your unionized public education system failed you there, too, I school you on what insurance is.
Black's:
Insurance is a contract whereby for a stipulated consideration, one party undertakes to compensate the other for loss on a specific subject by specified perils.
What's the total loss for an insurance company on a $500,000 Life Insurance policy? $500,000. Nothing difficult about that.
What's the total loss for an insurance company on a $250,000 home-loss and $500,000 liability for an Home Insurance policy? That's easy: $750,000
What's the loss for an insurance company for a $30,000 auto, $25,000 in liability and $50,000 in property damage for an Auto Insurance policy? Doesn't take a Rhodes Scholar or "you-Harvard" to figure out that it is $105,000.
What's the loss for an insurance company for an health care plan?
You don't know. Neither does anyone else.
Insurance is about knowing ahead of time what the total damages are, and then assessing risk in order to obtain assets to cover the losses that are known in advance.
Educating...
Mircea
Quote:
Originally Posted by Memphis1979
33rd time they've voted on a measure to repeal a part, or the whole thing.
How about focusing on the economy.
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They are focusing on the economy. A tax increase by any other name, including Obamacare is still a tax increase.
Pointing out the obvious...
Mircea
Quote:
Originally Posted by Dale Cooper
Are you serious? You really don't know?
It's a campaign ad. No more, no less.
Uh, DOH! OCare is a huge, huge part of the failed economy. It's one of the biggest reasons companies aren't hiring.
Man, it gets boring having to explain this stuff.
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Don't I know.
It's been two years now since I first asked, and I'm still waiting for one of the brilliant *******s to explain exactly how much one employee will cost on January 1, 2014.
To date, not one ******* has even attempted to answer that (not that they could since no on Earth can answer that at the moment -- apparently we'll just have to wait until January 1, 2014 to see how much it will cost -- at that moment because the cost is sure to increase so long as H&HS keeps cranking out regulations).
Quote:
Originally Posted by Goodnight
Voters already took responsibility through their elected officials, the destroy your country part grows tiresome, same arguments against social security and medicare.
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Then show me how you intended to pay for Social Security, since you don't have the money -- and be very careful what you say unless you want to be embarrassingly debunked like everyone else that has tried.
When you get done with that, you can show how you intend to pay for Medicare, since you cannot pay for that either.
You must eliminate the cap on Social Security wages, and also raise the FICA tax rate, unless you want all Social Security recipients to take a 28%-30% cut in benefits starting 2023-2025 -- which I would point out is just about 12 years away.
You will also have to raise the SECA tax rate unless you want Medicare to collapse in your face.
And when you get done showing that --- and that's exactly what I mean -- show, don't tell --- show your math (like I do) and then explain how States are going to collect Sales Tax revenues on money flowing directly to the federal government.
Because when you raise the FICA and SECA tax rates, you're going to suck $Billions out of the economy represented $100s of Millions in losses of potential sales tax revenue to States, counties and cities.
And then on top of that, you have Obamacare which forces people against their will to purchase the Cadillac-bells-and-whistles-included health care plans, which will suck even more money out of your economy.
In case you didn't know, health care is not taxable, meaning you don't pay sales tax on visits to the doctor's office, although apparently you should.
And then of course, as the States, counties and cities are hemorrhaging money, they'll cut services right? Or raise your taxes, and that causes further harm and further job losses.
So keep on keeping on.
Rome wasn't destroyed in a day....
Mircea
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