Buffett: Scrap Obamacare and Start All Over

[Danno 1,228]

The really scary part is- Obama care is essentially a middle man to set unwilling buyers up with willing sellers who are getting RICH!

Kinda like Amazon with a gun to your head.

And even as simple as the model is with Gov't essentially just being a go-between... they have managed to screw it up in a royal way.

OMG, just imagine when the next phase surely comes and Gov't starts actually playing a roll rather than just putting a gun to your head and making you chose.

-------------------------------------------------------- Buffett: Scrap Obamacare and Start All Over

When asked, "Are you in favor of scrapping [Obamacare] and going back to start over?", famed investor Warren Buffett said on CNBC March 1, 2010, "I would be — if I were President Obama.”

Buffett insisted that without changes to America's health system average citizens will suffer.

"We have a health system that, in terms of costs, is really out of control," he added. "And if you take this line and you project what has been happening into the future, we will get less and less competitive. So we need something else."

Three debate-ridden years later, millions of Americans still agree.

But now that the exchanges are open, Obamacare has finally kicked off.

The government program, which some economists call the biggest tax increase ever in the United States, is also one of the most hated bills in history.

Ask millions of Americans what they think about the new law, and chances are they're ready to pop a jugular.

Critics heavily oppose the mandate requiring them to purchase health insurance. They're also furious at all the new taxes, fees, and higher premiums they'll be stuck paying, thanks to Obamacare.

Yet, while millions of Americans loathe every facet of The Affordable Care Act, as it's officially titled, another group of Americans see it as a once-in-a lifetime opportunity to get rich: Investors.

According to Wall Street expert and Money Map Press Chief Investment Strategist, Keith Fitz-Gerald, Obamacare will create unheard of riches for investors who tap into the right companies.

"Obamacare is one of the single biggest wealth creation opportunities to hit the markets in decades," says Fitz-Gerald. "That's because huge amounts of money - trillions - will be spent as Obamacare gets rolling."

"And trillions more will be reallocated," he adds.

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http://moneymorning.com/ob-article/obamacare-buffett.php?code=t-oc-buffett

[Darnell 8,479]

Huh.

I swear - there's got to be a cabal somewhere,

that is pushing for A C A to die a horrible death ,

and then come in , wipe all clean,

and start a single payer, single entity

healthcare system.

Is it the Canada Invasion?

watch this space, mid february 2014.

[Danno 1,228]

Huh.

I swear - there's got to be a cabal somewhere,

that is pushing for A C A to die a horrible death ,

and then come in , wipe all clean,

and start a single payer, single entity

healthcare system.

Is it the Canada Invasion?

watch this space, mid february 2014.

If they can't get a website up and running after two years, what hope do they have for running something extremely complex?

[BatmanUSA 105]

who is getting the insurance industry lobby money.?

The insurance companies do not suffer under ACA.

If we have a single payor government program, how many companies will go out of business.???? Aetna, United Healthcare, BSBC, Humana, Travelers, AARP,... (sorry I do not have a complete list of every health insurance company in the nation).. how many corporate executives will lose their multimillion dollar salary.? how many shareholders will lose their dividends.?.. people do not realize that those costs, all of that, is part of our healthcare costs.

so if we move to a single payor government insurance program, basically an entire industry will be wiped out. You know they will all cry to the government, AKA, the Wall street bail out.... did the Wall street bail out help low and middle class people.???

I have friends in/from England and I talk to people from Canada about their health insurance (I am a registered nurse)..

In USA, a physician's salary is basically whatever they want it to be depending on that type of medicine they want to practice. My friend from England has a brother who is a physician, so he works for the government and earns a salary of approx. 150K/yr.. That's still a very nice salary.!

I have had people from Canada come to the ER, diagnosed with a broken hip, or a heart attack.. The Canadian healthcare system will sometimes arrange for the patient to be transported back to Canada for treatment. FYI, a medical airplane to transport someone from Florida to Canada costs about 4-5 thousand dollars.. Including that cost, people can receive medical care in Canada cheaper than the cost for the same care in the USA.. How is that possible.?

So YES, I support an American government run single payor health system.. Jeez..., its already set up, Medicare. and from what I see, doctors and hospitals Love Medicare patients... so obviously they are making money...

[Darnell 8,479]

If they can't get a website up and running after two years, what hope do they have for running something extremely complex?

Interesting reply. It's great, you not address what I wrote.

That's cool, though. Normal? Mayhaps.

[Danno 1,228]

Interesting reply. It's great, you not address what I wrote.

That's cool, though. Normal? Mayhaps.

Sorry to disappoint.

In base ball, batting 500 is pretty good.