Maggie's Farm

We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.

Our Recent Essays Behind the Front Page

Much Sorry with Delays
Birth, Death and All That Stuff in Between
How to Honor Labor Day, Every Day
My Yom Kippur Miracle (Repost from 2010)
Good intro to fly casting
Peach update, with pie
NYC update
Easy for you to say: To the elites on mass immigration
For NYC on 9/11, Sailors' Snug Harbor
Pickled Peaches
Water Shoes
Labor Costs in U.S.
Your "identity"
Good news about The Great Courses
Uses of Hot Pepper Jelly/Sauce, Chutneys, and Jams
A Saturday Drive to Litchfield County, CT
How to Pick a Kayak
Civilized: Fruit forks and knives
Loads of kayaking on Cape Cod
Psychology Experiments' Questionable Results

Categories


All categories

Quicksearch

Links

Blog Administration

Open login screen

RSS Readers

Add to Google

Subscribe with Bloglines

Friday, December 20. 2013

WTH?

Taking the day off for Christmas errands. Time to begin thinking about Christmas. I'm buying a large can of Beluga caviar for Dad at Petrossian, and a fancy scarf for Mom at Bloomingdale's. I like to flirt with the sales-babes, and they seem to like to flirt with me. Call Me Maybe.


How is this? 

Utter Chaos: White House Exempts Millions From Obamacare's Insurance Mandate, 'Unaffordable' Exchanges. They declared that Obamacare requires a "hardship exemption." What?


I'm not the only one who is confused. Are they flushing this mess? How are insurers supposed to revert to their old policies, canceled and erased due to Obamacare? Your tax dollars at work by our moral and intellectual superiors.


Maybe government is not Santa after all. Darn. I love freebies.

Posted by The News Junkie in Hot News & Misc. Short Subjects at 13:57 | Comments (5) | Trackbacks (0)

Trackbacks
Trackback specific URI for this entry

No Trackbacks

Comments
Display comments as (Linear | Threaded)

they're supposed not to, so that Obama can in a few weeks blame them for not supplying people with insurance policies rather than having himself having to take the blame for those people being uninsured...

If I were an insurance company in the US I'd by now no longer supply any policies, ACA compliant or not, as it's utterly impossible to predict what will happen with them and when.
Say you supply someone with an excemption with a policy, and next week Obama by presidential decree proclaims that excemption to be invalid...
#1 J.T. Wenting on 2013-12-20 14:12 (Reply)
His evil plan to kill insurance companies is well under way.
#2 Sam L. on 2013-12-20 16:30 (Reply)
Killing the Insurance companies will kill the stock market. Insurance companies make their money on wall street not out of premium's. (same as pension funds) That much money going missing and the unemployment and the cost to federal safetynet programs will increase the federal debt I hope everybody is stocked up on water, soup, beans and TT. How's that for a Merry, Cheery Christmas?
#3 Blick on 2013-12-20 19:12 (Reply)
Maybe, maybe not. I think the bigger hit is going to come from the higher premiums. Bill that cleans the toilet down at the hospital isn't going to suddenly find himself buying a new truck because he just got a raise from the hospital getting a better repayment from the higher premium insurance company.
Break it down, where does a monthly premium go in the greater economy? The increase probably isn't going to show up in a higher standard of living.
#3.1 Jerry on 2013-12-20 21:39 (Reply)
Jerry, you are right about the personal impact that higher premiums will have. Some of that will be blunted by subsidies for lower incomes. Higher incomes will have to shift spending to cover the higher premiums. That will hammer retail spending. A shift of that much money has to damage the economy. More unemployment, more Govt spending/debt.

Why are the boys with the econometric computer programs are silent about this? Are they all in the tank for Obama? If you and I, Jerry, can sense this; where are the economists?
#3.1.1 Blick on 2013-12-21 13:16 (Reply)

Add Comment
(Your e-mail will not show in your comment)

By commenting on this site you agree to the site rules listed here. Email
addresses will not be displayed and will only be used for email notifications.

Quick reference guide: [i] italics [/i], [b] bold [/b], [u] underline [/u],
[url] (web address) [/url]. More tips here.

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
E-Mail addresses will not be displayed and will only be used for E-Mail notifications.

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA

BBCode format allowed
 
 
A Chris Southern Consulting website.