This is what always happens when a company refuses to disclose financial figures, refuses to have shareholder meetings, and operates in utter secrecy. If there was any good news, a normal CEO is happy to disclose it. This has not been a pretty ride.
This wasn't about Obama, Goldy. It was about you telling lies about Obamacare raising your prices on Medicare, and it didn't. In other words, you made up your post to try and convince others your healthcare costs went way up with new Obamacare, when in reality, you are on Medicare and are actually unaffected except in a positive way, as your donut hole is now closed. You weren't part of a group of privately insured self employed people, Goldy, so just get over it. Why don't you dump Medicare and then go out in the private sector and tell us what coverage for someone your age would cost? Cat got your tongue? I said before that I am no fan of Obamacare, because without single payer option it is a failure and republicans demanded no single payer option. In the end, we will have socialized medicine and finally catch up to the rest of the industrialized world, but we have to watch the collapse of the present system first. Right now we are at double the cost for half the care. What a model...kkkkk
Obamacare won't survive Mr. Shores. That being said, neither will our historical non Obamacare model, unless 50% of the population is willing to NEVER see a doctor or get any care. Until we have single payer option and glean and copy from countries like Germany, England, Canada, Taiwan, Norway, Denmark, Sweden, Finland, France, etc., we will remain the biggest suckers in the industrialized world. Namely, we will be paying the most for the least. No wonder the populations of at least 10 other industrialized countries are much happier with their countries than the citizens of the US are happy with our existing demise. Simple solution. Send $500 to Taiwan for a copy of their system and then have a presidential order to implement it here and watch us improve.
I am afraid Ms Goldy is just a prevaricator. She hates Obama so much, she will just say anything. She is either not of medicare age and has been fibbing all along, or she is on Medicare and is nearly unaffected by Obamacare at all. Either way, she wasn't telling the truth and won't answer.
The annual survey from the Organization for Economic Cooperation and Development has been used for years to show that the U.S. spends far more than any other comparable country on health care, yet gets far less for its money — and the latest survey is no different. Americans are fatter, die younger and don’t get particularly good treatment for many diseases, with the exception of strokes and cancer.
It’s become a political debate, with Republican leaders such as House Speaker John Boehner trumpeting the best healthcare system in the world, while the Obama administration counters that the Affordable Care Act is aimed at starting to fix the mess.
I thought you were on Medicare. I am on Medicare and have seen NO change whatsoever. WHat policy are you talking about that almost doubled due to Obamacare? Aren't you over 65 and on Medicare?
You are exaggerating the problem with solar. There is NO problem with storage of electricity generated by solar even without batteries. However, some mechanical engineering takes place. If solar grids were built to generate several time more than the demand required, then all sorts of options COULD be available. While solar is generating the "excess" power not needed on the grid, the excess could be used to pump water uphill to a reservoir, could pull heavy loads up hill to harness the kinetic energy, you could wind massive springs, use hydraulics, or any other set of assorted things. When the sun stops shining, the water that was previously pumped uphill to a reservoir using the excess power generated, could then be regulated through a turbine and electric generator and placed onto the grid during night times and cloudy times. The same thing could happen pumping sand uphill or weights of any kind that are then reversed going downhill and through gearing turning generators. There are loads of ways to skin a cat, but you have to have desire, not necessarily taking the easiest route which is to mine coal, pollute air and water, and then overcharge for the electricity generated anyway. Get rid of the coal and nuclear lobby and things will change.
I would not worry too much. When you see management buying at much higher prices than today, and you see forward guidance showing no problems with dividends through the end of next year at least, and with a little research you can see that a large insititutional investor started dumping recently in a stock that is not heavily traded, and this caused more short interest, then you can understand the large drop. The stock was a decent price when you bought it, and you may have to wait a bit and collect dividends until the stock returns to your purchase price, on the dividends alone, you should look sweet. I am underwater at this point also and added more today at $6.91. It may drop even further, but being that it has good hedging and US oil, IMO the stock is highly undervalued at this point pumping out a secure monthly dividend. Once the institutional investor is done selling, which assists the short interest, I would not be surprised to see the stock make a very abrupt turnaround, and those who bought during this slump will be richly rewarded. Management wasn't buying this stock at the high $7's, because with their knowledge they thought the stock was overpriced. They bought it, because with their inside knowledge they believed the stock was undervalued. Good luck.
Don't be so silly semper. My statement only said that all 10 of the countries with the happiest populations have national healthcare. None of those countries will give it up, and I would bet that if they had our system of healthcare, their happiness gradient would slope downward so fast, even you would need a protractor to measure it. Of course there are other factors, but the most important factor in any nation is the health of their nation. I can guarantee....if you are not healthy, you stand a greater chance of unhappiness than if you are healthy, and America has priced itself into a very unhealthy country.
He got his and you got stuck holding the bag. Aren't you happy?
It really doesn't matter. You can lookup the 10 countries with the happiest populations. All 10 have national healthcare. The US is nowhere to be found anymore in the 10 happiest populations. Norway, Finland, Luxemborg, Sweden, Denmark, Canada, Australia, New Zealand etc. etc etc....all socialist, slap the US down now. It's over folks. Either get get national healthcare or join the bottom 10 with the saddest populations. Angola...is one...plenty of private healthcare there, but nobody can afford it except the uber rich. This is where the US is headed unless it changes soon.
I am at a bit of a loss also. I really don't see why this continual sinking, but yet I cannot find any bad news to justify it?? This one really seems to be a shorter's paradise at the moment, and either they know something or perhaps this selling is way overdone. It does look strange to see it falling on larger volume with zero news.
I agree. The system you are saying is what most of the industrialized world uses in various variations. Although it has been nearly a decade since I was in Australia, that system prevailed. There was healthcare for all with no payment for it except what was raised through consumption tax. Then, if you wanted "instant access" and "total doctor choice", you could pay a yearly premium of $100 and have this option. Taiwan, which also has a hybridized system after giving up on their old system which was far too expensive and patterned after our system, now provides healthcare for all at far reduced prices. The amazing thing is that their population also sees doctors more frequently than Americans see them but at a greatly reduced cost. The REAL problem with our system is that corporations and private businesses control the whole thing and cheat with regularity all under the guise of "personal freedom."
Think about it. Medicare fraud is rampant. It isn't the patients causing it, but rather it is private doctors being dishonest on forms, hospitals doing the same, clinics doing the same and drug companies doing the same. In other words, the same people that complain about Obamacare have been cheating the federal and state governments on their programs for years and want for it to continue. Had we had a socialized system, this type of behavior would have been drastically reduced. However, yes, we would have given up some personal freedom.....namely the freedom to be extorted.
One of the funniest thing I have seen and nobody comments about it is that I know nobody that was privately insured whose premiums didn't go up significantly EVERY year BEFORE the ACA. The insurance companies are just conveniently blaming the raises on the ACA when in effect, they were going to give higher premiums to all their covered folks anyway. They have been doing that EVERY year for a long time. Granted, if you bought insurance for your self in 2008, there was a premium, but the next year, the premium went up 20-25%, and it was following that trend for years. Until we have socialized medicine with govt. option and huge reduction of private insurance companies, we will keep holding the record by far for highest cost per citizen to insure them. Corporate America owns Washington, and between the drug lobby, the AMA, and the hospitals, the citizenry of the USA is just victimized legally. Enjoy it while you can. If Obamacare is repealed tomorrow, your next insurance premium will be higher yet. The track record is a proven one.
The utility companies are deceitful at best, and they are happy where I live to have folks install solar panels. Why? This is how it works..The sun will cause your meter to turn backwards, but the utility here conveniently will not let you get paid, but if you have panels that produce enough, you can have a net zero bill. That of course doesn't count the basic fee which you will be charged anyway for being attached to their grid. Now...what happens if you put a decent sized size 5kw or better set of panels? Your meter will run backwards, you will more than likely only get the hookup fee charge by the utility, and the utility company sells all the extra power you generated to your neighbors without solar power and keeps the money. In other words, you generate the power, they sell it to your neighbors, and they keep the profits. Of course, if you generated a lot more power, such as is done using 7.5 kw worth of panels, it is all gravy to the utility company, who now can cut back fuel usage on their nat gas or diesel generated power plants and yet maintain enough on the grid. Of course, the utility companies will try and say that you, the solar owner are screwing your neighbor, but that just ain't so here in Hawaii.
I doubt that the next step will be car insurance or life insurance, but I always advocated that car insurance be paid for at the gas pump, but insurance companies are loathe to that, as they can't overcharge. If the govt. insured all vehicles and took money at the point of fuel, then even if your car is stolen and someone runs into someone else with it, all are covered.
We have nearly a third of our state drivers here driving without insurance, so YOU better have lots of coverage for uninsured motorist or unlicensed motorist for that matter. Frankly, Obamacare stinks because it tossed out the public option for the benefit of the conservative side. Foolish move. People would love the public option if they had a chance to try it. It absolutely makes sense, but we would need to change our system to something similar to Taiwan, Finland, Sweden, Germany, Australia, etc, where insurance companies are a small portion of health costs. Frankly, I would like to see doctor and surgeon academies much like Annapolis where students would be trained with free education in shorter time, become government doctors at good pay, given hospitals and offices provided by taxpayers, and eliminate the insurance company. It seems to work well in the rest of the industrialized world, although certainly not perfect. The bottom line is that EVERYONE is covered, and EVERYONE pays into their system, as for the most part, their medical taxes are gleaned from a consumption or sales tax which affects everyone.
BS is a little silly about health insurance. He hates govt., but he wants his old govt. insurance policy for his wife. In other words, he wants somebody to lose money to insure his wife, because her health lacks. Otherwise, he would never have bought her the policy in the past, but BS didn't want to pay the full ride for his wife's health. The full ride would be cash to the doctor and hospital EVERY time his wife needs care. Maybe he isn't going to be a hypocrite and go that route, but my bet is that he is going to hide his assets in his kids' names that are young and healthy and then let the state and the rest of the taxpayers pick up his expenses as his he and his wife's health deteriorates. Sad...but that's the way "conservatives" think.
Why don't you post that in front of every military barracks and give a copy to the chaplain as a refresher course in his REAL duties.