% | $
Quotes you view appear here for quick access.

Petróleo Brasileiro S.A. - Petrobras Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • winsabokk winsabokk Dec 28, 2009 2:28 AM Flag

    I LOVE this market!

    WRT seniors and the new healthcare changes:

    <<Yet the political price is hardly neutral. Democrats who misguidedly vote for this monstrosity will face immediate political repercussions.

    The harshest of these backlashes will come from the elderly who will suddenly visit their doctors and be told “no” when they ask for therapies or treatments. The rationing of medical care will start immediately on enactment and, one hopes, the outraged phone calls will start to descend on those whose votes enabled it.

    The first “no” will hit the ten million elderly who now rely on Medicare Advantage to pay for the care Medicare itself does not cover. In a payoff to AARP, Obama gutted this program in his bill, ending over $100 billion in federal premium subsidies. These ten million voters will get the grim news that their premiums are going up and their benefits dropping early in 2010. The goal, of course, is to force them to drop Medicare Advantage and sign up, instead, for Medigap insurance — offered, not coincidentally, by the AARP — which provides less coverage at higher cost.>>

    And last I heard, lots of seniors were cancelling their AARP memberships because it doesn't represent the memberships interests anymore.

    However, I would agree with you that young people will also be affected by this but I'm not sure that they are paying close enough attention or that there will be as much a backlash/ political price to pay as I don't think the change in coverage or mandates and potential for rationing will be as much a factor for the young and healthy....atleast not so much in the early years.

    But make no the extent govt can't keep a lid on increasing costs (and most govts don't have a good record on this) to deliver healthcare, and they can't raise taxes, errr mandates in later years, they will have only one choice and that's rationing for the young as well at some point.

    Here's some poll talk from Rasmussen that sure seems to indicate that there may be political repercussions....just because of the process.

    "Barack Obama’s Approval Index Plunges After Health Care Rammed Through Senate"

6.45+0.10(+1.57%)Aug 4 4:00 PMEDT