Just as nitwits drooled over Putin's dictatorial ways after slamming Obama for skirting Congress in making changes to ACA (because any legislation proposing fixes to problems has amendments to kill ACA attached) they find fault with ACA reducing payments to Medicare providers (as a way to reduce overall spending in recognition medical care spending is on an unsustainable path higher) while at the same time blaming Obama for budget deficits.
So which is it nitwits? Do you want a "strong leader" who makes decisions on his own? If so why criticize Obama when he does so. Do you want reductions in government spending or do you want to let Medicare spending bankrupt the country?
Don't bother answering, I know what you want. You want to criticize Obama not matter what he does.
BECAUSE YOU ARE NITWITS WHO KEEP LETTING FAUX TELL YOU WHAT TO THINK.
Romney accused Obama of taking $716 billion from Medicare. This $700 billion figure comes from the difference over 10 years (2013-2022) between anticipated Medicare spending (what is known as “the baseline”) and the changes that the law makes to reduce spending. The savings mostly are wrung from health-care providers, not Medicare beneficiaries — who, as a result of the health-care law, ended up with new benefits for preventive care and prescription drugs.
While it is correct that anticipated savings from Medicare were used to help offset some of the anticipated costs of expanding health care for all Americans, it does not affect the Medicare trust fund. In fact, the Obama health-care law also raised Medicare payroll taxes by $318 billion over the new 10-year time frame, further strengthening the program’s financial condition.
You can't even defend the nitwit things you write never mind the musings of a fellow nitwit. Go back to playing doctor.
HSBC estimates that Macau’s gross gaming revenue this month will be between 16 percent and 20 percent higher than a year ago, the Portuguese-language Jornal Tribuna de Macau reports.
The newspaper quotes the bank as predicting that the city’s casinos will collect between MOP36.5 billion (US$4.6 billion) and MOP37.5 billion in gaming revenue.
The bank said this month’s average daily revenue up to Sunday had been MOP1.3 billion.
Citi Research expects annual growth of at least 22 percent in Macau’s gross gaming revenue this year, Barron’s Online reports.
Citi’s analysts say think the gaming revenue of US$8.36 billion (MOP66.86 billion) in January and February will make up about 15 percent of this year’s revenue, going on what has happened in years gone by.
They say Macau’s gaming industry has hit a sweet spot this year, as demand will remain robust while supply will increase hardly at all.
Nomura Securities and Wells Fargo Securities estimate this month’s growth in gross gaming revenue will be between 13 percent and 18 percent, Barron’s reports.
Wells Fargo says this month’s average daily revenue was MOP1.3 billion (US$162 million) up to Sunday, 16 percent more than at the equivalent point last year.
"Moreover, as far as MPEL is concerned, unless a slowdown is severe, the real risk will be from negative headlines on the economy and not so much actual results."
Case in point, LVS and MPEL are struggling today due to more weak data (retail sales, CPI) from China. Does this change anything for the casinos, no.
I hope you don't feel left out by my not embarrassing that alias as I have your nonobrain alias but you have been put in the nitwit penalty box. Either for posting racist remarks or stupidity so egregious I can't bear to read what you write.
To complete my thoughts on the FL election, clearly the Repub's win can be attributed to better GOP turnout and outside group spending to convince voters of the perils of ACA by LYING TO THEM. Nonobrain providing today's example of nitwit gullibility, no doubt shared by many FL voters, that ACA is bad for people on Medicare when the opposite is true.
"Traders also watched the close of China's annual National People's Congress, where the Chinese government said during a press conference that it is paying "high" attention to risks in the country's financial sector and was "flexible" on meeting the 7.5 percent growth target on Thursday."
Being "flexible" on meeting the growth goal may suggest to some they are as much as admitting it is quite possible the goal will not be met. Which is true IMO. But the government's arsenal of weapons to spur growth is extensive and will be deployed if it appears the 7.5 goal is going to fall short.
Moreover, as far as MPEL is concerned, unless a slowdown is severe, the real risk will be from negative headlines on the economy and not so much actual results.
Proving you wrong never gets old.
Medicare Benefits Expanded
Under the ACA, Medicare benefits will not be reduced or taken away, but rather are expanding. Medicare beneficiaries will save, on average, about $4,200 over the next 10 years due to lower drug costs, free preventive services and reductions in the growth of health spending. Since passage of the ACA in 2010, more than 7.3 million people with Medicare saved over $8.9 billion on prescription drugs.
Private Medicare Advantage (MA) plans are not going away. As of September 2013, 29 percent (15 million) Medicare beneficiaries were enrolled in a MA plan.
Free Preventive Services and Annual Wellness Visit
Medicare beneficiaries are eligible to receive many preventive services with no out-of pocket costs. These include flu shots, tobacco use cessation counseling, as well as no-cost screenings for cancer, diabetes and other chronic diseases. Seniors can also get an annual wellness visit so they can talk to their doctor about any health concerns. More than 32.5 million seniors have received at least one of these preventive services with no out-of-pocket costs since 2010. In the first six months of 2013, 16.5 million people with traditional Medicare took advantage of at least one free preventive service.
Lower Medicare Part B Premiums
Because successful reforms in the Affordable Care Act are making Medicare more efficient and reducing costs, the Medicare Part B premium for 2012 was $99.90, $6.70 lower than the amount projected, and only a few dollars more than the premium that most beneficiaries had been paying. In addition, the Part B annual deductible decreased by $22 to $140, the first time in Medicare's history when the deductible was lower than the previous year. The 2013 Part B monthly premium – $104.90 – is also lower than previously projected by the Medicare trustees.
The Medicare Part B premium and deductible will not increase in 2014. The past five years have been among the slowest periods of average Part B premium growth in the program’s history.
Lower-Cost Prescription Drugs
For the Medicare Part D prescription drug program, Medicare beneficiaries who fall into the coverage gap, known as the "donut hole," automatically receive a discount on prescription drugs.
That puts them slightly below Sterne Agee who is at $57. An estimate that doesn't fully account for additions to EBITDA from COD Manila or MSC enhancements in Macau contributing in the 2nd half of 2015.
MPEL, MGM, and LVS were all up nicely at one point but it looks like MPEL is going it alone now. Might have hit its head on the 20 dma.
WASHINGTON (AP) — The Internal Revenue Service's screening of groups seeking tax-exempt status was broader and lasted longer than has been previously disclosed, the new head of the agency acknowledged Monday. Terms including "Israel," ''Progressive" and "Occupy" were used by agency workers to help pick groups for closer examination, according to an internal IRS document obtained by The Associated Press.
The IRS has been under fire since last month after admitting it targeted tea party and other conservative groups that wanted the tax-exempt designation for tough examinations. While investigators have said that agency screening for those groups had stopped in May 2012, Monday's revelations made it clear that screening for other kinds of organizations continued until earlier this month, when the agency's new chief, Danny Werfel, says he discovered it and ordered it halted.
I guess what I was thinking is a significant break below 42, the key being that it is an important support level (50 dma) would be a goal of the shorts. But buyers are obviously sensing a bargain and stepping in.
There is concern over China's export number and the broader economy, concern over defaults there, concern over Crimea, the US market looks tired............so with MPEL sitting just above the 50 dma............a level it has held pretty much all during the run from the teens.................I think the shorts are thinking this is their chance to pound the stock down so they can cover. Because they know the stock is headed higher over time. Their problem is the longs know the stock is headed higher too and will not be eager to sell since the price has already fallen about 8% from the high.
Anybody have any guesses about whether $42 holds?
"Julie Boonstra, 49, starred last month in an emotional television ad sponsored by Americans for Prosperity (Koch Bros) that implied Democratic U.S. Rep. Gary Peters’ vote for the Affordable Care Act made her medication so “unaffordable” she could die. Peters of Bloomfield Township is running for an open U.S. Senate seat against Republican Terri Lynn Land.
The Detroit News and fact checkers last month cast doubt on the accuracy of the TV ad. On Monday, Boonstra acknowledged which health plan she chose, offering the first evidence of cost savings.
Boonstra said Monday her new plan she dislikes is the Blue Cross Premier Gold health care plan, which caps patient responsibility for out-of-pocket costs at $5,100 a year, lower than the federal law’s maximum of $6,350 a year. It means the new plan will save her at least $1,200 compared with her former insurance plan she preferred that was ended under Obamacare’s coverage requirements."
Am I surprised Koch brother funded right wing PAC's are spreading lies about ACA? No. Is it likely these lies played a role in yesterday's FL special election? Yes.
BTW, I call Julie a nitwit because like the nitwits on this board she maintains the belief in a lie even after being presented with the facts that prove her belief to be wrong.