Harvard Profs Pissed that Obamacare will cost them $

Tags

obamacare, socialism

Gotta love this one!

 For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost. But those remedies will now be applied to the Harvard faculty, and the professors are in an uproar.

Members of the Faculty of Arts and Sciences, the heart of the 378-year-old university, voted overwhelmingly in November to oppose changes that would require them and thousands of other Harvard employees to pay more for health care. The university says the increases are in part a result of the Obama administration’s Affordable Care Act, which many Harvard professors championed.

This from some of the eggheads that designed Obamacare. Now they are getting hit with the costs, just like the middle class, good and hard. Socialism is not as much fun when you get handed the bill.

Here’s the link: http://globaleconomicanalysis.blogspot.com/2015/01/harvard-professors-advising-obama-in.html

Can’t make this stuff up! Did you think Harvard profs were smart? Maybe too smart for their own good, as my grandmother used to say.

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Chinese Hackers Steal Personal Info on 4.5 Million from Obamacare Website

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computer security, Federal Fail, hackers, obamacare

http://arstechnica.com/security/2014/08/hackers-steal-records-on-4-5-million-patients-from-healthcare-system/

Yet another Federal Fail. Personal info on 4.5 million people stolen from Obamacare website.

A healthcare system spanning 29 states announced on Monday that cybercriminals operating from China stole information on approximately 4.5 million patients, including names, birth dates, and Social Security numbers.

If you are on, or applied for, Obamacare you might be one of the victims. Do you think Obama shares your pain?

Obamacare Penalty for no Health Insurance

Tags

health care, obamacare, tax

I’ve been reading debate about whether or not the penalty for not having health insurance under Obamacare is a tax or not. Folks, this is a non issue. The tax on the productive economy, you know that “thing” that creates food, shelter, transportation, energy, other products and services is what the government at all levels spends. It matters not whether the taking is called a tax or penalty. There’s no difference between a direct taking such as sales tax on a retail purchase or income tax or medicare tax or social security tax taken from your paycheck vs. money borrowed by the government selling bonds or the federal reserve printing unbacked dollars. Government spending = Tax burden.

My personal opinion on health care: It is a responsibility not a right. Since I own my body I am responsible for staying healthy by my lifestyle choices primarily, and seeking help when I am ill. If I have minor children then I am responsible for their health too.

Today we have cost problem in the health care industry. The cost basis is way too high. What will bring it down? Increased supply of health care providers and much less government regulation of this sector of the economy. The health care  industry is controlled by a group of interlocking cartels who have succeeded in maintaining monopoly profits because they have captured the government regulatory apparatus and are using it to create barriers to entry.

Yes, these are radical ideas. When conventional remedies continually provide one failure after another, we can conclude that they are incorrect. Time for radical thinking.