Yet LVS makes a minor pop and then goes red. I'm looking to buy more on the market dip, but Obama's America is a dangerous place to bet on trust. You never know when another Obama lie or failure will blow up.
LVS will be okay, but Obama's America is imploding.
Gee, 858,000 is a far cry from the "7.1 million" signup number that the White House pulled out of its keister estimated as having signed up by the March 31st deadline.
Even worse? 858,000 is an infinitesimally small fraction of the "46 million"* uninsured Americans that Obamacare was supposed to address.
Yes, it's true: Democrats destroyed the American health care system for nothing.
A triumphant President Barack Obama declared Tuesday his signature medical insurance overhaul a success, saying it has made America's health care system 'a lot better' in a Rose Garden press conference... But buried in the 7.1 million enrollments he announced in a heavily staged appearance is a more unsettling reality.
Numbers from a RAND Corporation study that has been kept under wraps suggest that barely 858,000 previously uninsured Americans – nowhere near 7.1 million – have paid for new policies and joined the ranks of the insured by Monday night.
...Others were already insured, including millions who lost coverage when their existing policies were suddenly cancelled because they didn't meet Obamacare's strict minimum requirements.
...The president took no questions from reporters, but celebrated the end of a rocky six-month open-enrollment period by taking pot shots at Republicans who have opposed the law from the beginning as a government-run seizure of one-seventh of the U.S. economy.
'The debate over repealing this law is over,' he insisted. 'The Affordable Care Act is here to stay.'
The president also chided conservatives 'who have based their entire political agenda on repealing it,' and praised congressional Democrats for their partisan passage of the law without a single GOP vote.
As Aleister observes, For months we were told it was impossible to quote exact ObamaCare enrollment numbers yet somehow, one day after the close of open enrollment the Obama administration has suddenly announced the incredibly specific number of 7.1 million enrollees.
Oh snap. More obamacare failure. Winning awards for lies and theft.
The liar said today 7.1 million "signed up", well, there's 47 million uninsured, so we blew trillions and wrecked lives for covering a tine fraction of the country.
Obama just can't stop telling lies. 7.1 million? How many were previously uninsured? How many paid? How many were Medicaid sign ups? How many were abandoned shopping carts?
Obamacare is failing no matter how you count it.
3 more years of Obama and Vegas will be a shadow of its former self.
Has Obama ever really worked a day in his life?
He did it leading up to the 2012 election, he will do it again, because he's a shameless liar. Nothing comes out of his lie-hole except lies.
His foreign policy is feckless and his credibility is below zero.
...and obamacare repealed. Never been short LVS. I LOVE vegas and LVS, also have MPEL, and MGM (until a few weeks ago).
So, Tony the racist freak is wrong. Never traded puts or calls, just the stock.
The only people who don’t know how to use the Internet are the people who built Healthcare.gov.
You know you are desperate when your only defense for Obamacare is that people don’t know how to use the internet.
Just because this is what Harry Reid looks like trying to use the internet, doesn’t mean anyone else is…
A new poll shows that just 26 percent of Americans support Obamacare, but at the same time only 13 percent think the law will be completely repealed.
The Associated Press-Gfk survey was completed before the White House announced this week that it had signed up 6 million people for private health plans through the state and federal exchanges under the Affordable Care Act.
Maryland and their ObamaCARE exchange are so much fail, it hurts. The Washington Post does their best to spin for Maryland, but as is typical for the liberal progressive media, they just look dumber with their spin. What’s even more funny about the Washington Post article is that they filed the story under crime.
Maryland officials are set to replace the state’s online health insurance system with technology from Connecticut’s insurance marketplace, according to two people familiar with the decision, an acknowledgment that a system that so far has cost at least $125.5 million is broken beyond repair.
The state health exchange board plans to vote on the change on Tuesday, the day after the end of the first enrollment period for Marylanders to sign up for health insurance plans under the 2010 Affordable Care Act.
Guess Vegas can count on having fewer people from Maryland as they swallow the failure.
Cleveland Clinic CEO: Three-Quarters Of ObamaCare Signups Have Higher Premiums
Check out the interview with Maria in her new role on Fox Business News.
Even on the "last day" to sign up, Obama's failure is on fire.
The fix is in.
The multinational consulting firm Deloitte surveyed 109 North American chief financial officers of major companies from February 7 through 21. Besides a drop in optimism about the economy, the CFO’s thoughts on health care, and changes from Obamacare/the Affordable Care Act, are particularly interesting:
Last quarter’s findings indicated the ACA had caused 40% of U.S. companies to pass (or to consider passing) health care costs onto staff, and had also caused 32% to increase their focus on wellness management. This quarter shows CFOs expect the use of both tactics to rise as implementation gets closer:
Heavy focus on wellness: Two-thirds of CFOs say they expect to increase their focus on health and wellness.
Passing on health care costs: Sixty percent of CFOs say they plan to pass health care costs on to staff, and 12% expect to pass costs on to customers (Energy/Resources is the most likely to cite this approach).
Changing coverage: Twenty-three percent of CFOs say they expect to reduce the scope of benefits offered to some staff, and 16% expect to reduce the level or value of benefits provided. While just 10% of CFOs overall anticipate offering new coverage to staff not previously offered benefits, more than half of CFOs in Retail/Wholesale expect to do so.
Some drag on earnings: Eleven percent of CFOs say they expect to reduce their earnings forecasts as a result of measures undertaken in response to the Act, roughly the same proportion that had already done so as of 4Q13. The effects appear strongest in Services, where 43% of CFOs expect to reduce their earnings forecasts.
No major impacts on hiring or staffing mix: Just under 7% of CFOs say they expect to constrain hiring, and the same proportion expects to reduce employee hours to create more part-time positions.
It may not qualify as a major impact, but 7 percent of companies constraining hiring and 7 percent shifting workers to part-time is still bad economic news. Even worse, the rest of the survey indicates companies don’t expect to be doing much hiring in the near future:
Domestic hiring expectations declined to just 1.0%, below last quarter’s 1.4% and among the lowest in the history of the survey. The median is again 0.0%, and variability of responses is very high. Forty-two percent of CFOs expect year-over-year gains (comparatively low), and 18% expect 4% cuts (comparatively low).
Country-specific expectations are 1.1% for the U.S. (1.7% last quarter).
Obama built the failure of the century. Obamacare. Wrecking and deceiving peter to pay Paul.
Disposable income is at a 40 year low in the US. Gee, thanks Obama.
Good thing LVS has Macau. Vegas is going down the Obama sewer.
Las Vegas Strip gambling revenue plunged 20.2% in February, worse than some analysts expected.
Nevada's Gaming Control Board reported Friday that revenue for the Strip fell to $556 million from $696 million the same month a year ago.
Statewide gaming revenue was down 13.7% to $926 million.
Read More At Investor's Business Daily:
When disposable income is at a 40 year low and Obama's socialist train wreck devastates our economy - what else would you expect? Obama is the worst president in us history, hands down. I'm glad LVS has Macau and Singapore, maybe japan coming, because Vegas is going to be eviscerated by Obama's lunacy.