Tag Archives: Marxism

How many people signed up for Obamacare?

NBC News reports on the number of people who have signed up for Obamacare. It’s even lower than the estimate I reported earlier in the week.

Excerpt:

In a new low point for President Barack Obama and another ding against his signature domestic achievement, only 26,000 Americans signed up for health insurance plans in the month that the federal government’s troubled website has been open for business.

When figures from state-run exchanges are included, more than 106,000 Americans selected plans during the Affordable Care Act’s first month of open enrollment. Still, that number, combined with the administration’s repeated warnings of low early-enrollment figures, won’t mute the mounting political outcryfrom both sides of the aisle over the rocky rollout.

[…]Even the administration’s Democratic allies have begun to exhibit signs of nervousness.

Sen. Mary Landrieu, a Red State Democrat who’s up for re-election in Louisiana next fall, has proposed a patch to Obamacare that would allow consumers to keep insurance plans threatened by cancellation. The tweak would, in essence, force Obama to make good on his once-stated promise that individuals who like their health care plan could keep it.

The bill, passage of which would represent an embarrassment for Obama, has even won over some administration allies, including California Sen. Dianne Feinstein.  And former President Bill Clinton, whom Obama once dubbed his “explainer in chief,” didn’t help the White House on Tuesday when he endorsed a similar fix.

[…]Throughout it all, Obama’s approval ratings have plummeted to new lows, suffering from successive crises involving a Republican-led government shutdown and near-default on the national debt, and then the struggles of Healthcare.gov.

Breitbart News has more on the revolt of the Democrats who are up for election in 2014.

Excerpt:

On CNN’s The Lead, host Jake Tapper said that Democrats had refused to come on the program to discuss the abysmal Obamacare enrollment numbers released on Wednesday afternoon.

Dana Bash reported, “Republicans are tripping over themselves to come out and talk.” She continued, “we’re not hearing from Democrats so far, the sounds of silence, tells you everything you need to know.”

Tapper confirmed that Democrats were suddenly silent: “To be completely honest, we had difficult time booking Democrats to come on after those numbers were released, to have them come on and talk about fixing the problem.”

And moderate leftists Kirsten Powers and David Frum are furious that that their health care plans have been canceled, and even more furious at the White House spin on the millions of Americans who are losing their health care.

Excerpt:

On Tuesday, two prominent media personalities who support President Barack Obama’s overhaul of America’s health care system took to the airwaves to vent about their insurance plans which have been cancelled as a direct result of the Affordable Care Act.

In an appearance on Special Report on Tuesday, Fox News Channel contributor and Daily Beast editorial writer Kirsten Powers lashed out at the White House – and, by extension, her Democratic cohorts – for implying that her consumer choices were poorly informed and insufficiently focused on the collective good.

“My blood pressure goes up every time they say that they’re protecting us from substandard health insurance plans,” Powers told Bret Baier. “There is nothing to support what they’re saying.”

“I have talked to about how I’m losing my health insurance,” she continued. “If I want to keep the same health insurance, it’s going to cost twice as much. There’s nothing substandard about my plan.”

“All of the things they say that are not in my plan are in my plan,” Powers lamented. “All of the things they have listed — there’s no explanation for doubling my premiums other than the fact that it’s subsidizing other people. They need to be honest about that.”

Powers, a committed Democrat, once supported the aims of the ACA, if not every mean designed to achieve a noble end. Today, it would seem, she is wavering on the virtue of that end as well.

Powers is in good company. On CNN’s The Situation Room with Wolf Blitzer on Tuesday, former Daily Beast columnist David Frum hijacked a conversation about President Bill Clinton’s shocking admonition of President Barack Obama to discuss his own cancelled health plan.

“I’m pulling rank,” Frum informed his fellow panel guests, “because I’m one of those who has had his plan canceled.”

“I still have, but will not very much longer have, a plan in the District of Columbia, covered my wife and my children, which is canceled,” he reported. “I can buy on the exchange a plan that will cost $200 a month more and have a higher deductible. I can’t get back my old plan unless, as Ron [Brownstein] says, the administration drops the element of the law that requires the coverage of everybody.”

“That’s why my coverage went up is because every insurer must now cover everybody,” Frum continued. “I think President Clinton should have the honesty to defend that.”

It’s all falling apart, but will it be in time? I have friends who are in the individual market who are losing their health care and being offered plans with higher deductibles AND higher co-payments,  that cost far more than what they had. We really need to see a push to repeal this monstrosity now before more people have to suffer from it.

Venezuela orders soldiers armed with assault rifles to impose price controls

Venezuela: price controls don't work
Assault weapons vs Amazon and Ebay: socialism in practice

From the left-leaning USA Today.

Excerpt:

 Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices.

President Nicolás Maduro ordered a military “occupation” of the company’s five stores as he continues the government’s crackdown on an “economic war” it says is being waged against the country, with the help of Washington.

Members of Venezuela’s National Guard, some of whom carried assault rifles, kept order at the stores as bargain hunters rushed to get inside.

[…]Images circulating online as well as reports by local media appeared to show one Daka store in the country’s central city of Valencia being looted.

“I have no love for this government,” said Gabriela Campo, 33, a businesswoman, hoping to take home a cut-price television and fridge. “They’re doing this for nothing but political reasons, in time for December’s elections.”

Maduro faces municipal elections on Dec. 8. His popularity has dropped significantly in recent months, with shortages of basic items such as chicken, milk and toilet paper as well as soaring inflation, at 54.3% over the past 12 months.

Economists are expecting a devaluation soon after the election, likely leading to even higher inflation.

This will surely encourage more businesses to come to Venezuela to create jobs, and compete with other businesses in order to lower prices and increase quality for consumers. Oh wait, no it won’t. It’s just going to causes businesses to scale back, expand in other countries, and go out of business entirely – taking jobs with them.

The real face of communism
The real face of communism

Earlier, Venezuela nationalized some oil drilling plants, as well:

Petroleos de Venezuela SA, the state oil company, seized about $1 million worth of equipment from Superior Energy Services Inc. (SPN:US), the Houston-based company said.

PDVSA expropriated two hydraulic units that were idled after the Caracas-based company missed payments, Greg Rosenstein, head of corporate development, said by phone from New Orleans. The units operated in eastern Venezuela’s Anzoategui state, Associated Press reported Nov. 1.

[…]Under President Hugo Chavez, who died of cancer in March, Venezuela initiated a nationalization process, seizing assets from companies including Exxon Mobil Corp. (XOM:US) and ConocoPhillips. (COP:US)

Schlumberger Ltd. (SLB:US), the world’s largest oil-services company, said in March it would reduce work in Venezuela because of mounting overdue payments from PDVSA. Schlumberger subsequently reached an agreement and announced on May 24 that it would provide a $1 billion rolling credit for a joint venture in Venezuela.

That will encourage oil companies to come to Venezuela and pay royalties to the government, and give jobs to more Venezuelans. Oh wait, no it won’t. It’s just going to cause companies to scale back their investments, expand in other countries, stop hiring, lay off more people, and pull out of Venezuela. I’m sorry but this is standard leftist economic policy.

Are Barack Obama and Hugo Chavez very different?
Are Barack Obama and Hugo Chavez very different?

Remember the last time that Venezuela seized privately-owned oil companies? They eventually had a nice explosion at the oil drilling facility, because the government doesn’t know how to run a business better than the people who created that business. You can see it today here, as Obama nationalizes the health care industry and tries to substitute his own web site. He thinks he knows how to create web sites. The man who has never run so much as a lemonade stand in his entire life, and is an authority on how to read a teleprompter and play golf. You do NOT put people like this is in charge of the economy.

Comparing Chile to Argentina and Venezuela
Comparing Chile to Argentina and Venezuela

The strange thing is that the economies of Chile embraced free market capitalism, free trade, private property, and the rule of law. Unlike Venezuela and Argentina, they are doing vastly better economically. Look at that chart, which I got from libertarian economist Dan Mitchell. You can’t refute that, because economics is real. No one can hide from the facts.

Related posts

Healthcare.gov enrollments fall far short of Democrat Party estimates

Can a bunch of pot-smoking socialists do math? The Wall Street Journal says no.

Excerpt:

Fewer than 50,000 people had successfully navigated the troubled federal health-care website and enrolled in private insurance plans as of last week, two people familiar with the matter said, citing internal government data.

The figure is a fraction of the Obama administration’s target of 500,000 enrollees for October. The early tally for the HealthCare.gov site, which launched Oct. 1, worries health insurers that are counting on higher enrollment to make their plans profitable.

The administration had estimated that nearly 500,000 people would enroll in October, according to internal memos cited last week by Rep. Dave Camp (R., Mich.). An estimated seven million people nationwide were expected to gain private coverage by the end of March, when the open-enrollment period is set to end.

[…]So far, private health plans have received enrollment data for 40,000 to 50,000 users of the federal marketplace, the people familiar with the figures said.

HHS spokeswoman Erin Shields Britt said Monday she couldn’t confirm the enrollment numbers.

Meanwhile, Breitbart is reporting that new web site is up that provides about 90% of the Healthcare.gov functionality:

Even as President Obama has issued a constant refrain of how upset he is that his Obamacare website doesn’t work and promises that he’s on top of the fix, three 20-year-old website designers in San Francisco made a working Obamacare website using Healthcare.gov’s own code. They did it in only three days.

The three web developers who created the site, HealthSherpa.com, programmed it to do much of what Healthcare.gov, the Obamacare website, is supposed to do.

The enterprising young men whipped up their version of Obamacare in just days working in their off time.

Unlike the Obamacare website, Ning Liang, George Kalogeropoulous and Michael Wasser’s new site shows Americans the info they really want to see. Signing onto their site will show visitors healthcare plans and pricing that is available. All you do is enter your zipcode, and there it is.

The three are continuing to tweak their site to give visitors even more information, too. Just after their site went live, they added a section that will help visitors find out if they qualify for a tax subsidy.

[…]The only thing the site doesn’t do is connect visitors directly to the insurance companies so that visitors can actually buy a policy.

 

Taxpayers spent $500 million dollars on the Healthcare.gov web site. Maybe we should have just let the private sector handle health care, instead of letting government take it over and kicking thousands of people out of their health care plans, with many millions more to come in 2014. I guess I don’t see the point of politicians, who have no demonstrated capabilities in IT project management, software design or programming, take over a private sector health system that is the envy of the world.