" No matter which way you cut it…we got screwed with the loss of many thousands of projected retirement income. "
Dagosa, I hear you. I’ve beem screwed over by government many times. It seems anything that is to help everybody, never applies to me, but some other group. That’s why I’m not counting on government at local, state, and federal level to follow through on any being there to help me in any way. I’m not counting on Social Security (Obama is to announce cuts he supports, next week), Obamacare, Medicare, whatever.
I’ve carefully scrimped and saved and funded my own retirement and have provisions to provide for my own care and for my trouble I just paid a huge federal tax bill. I know from experience that when you count on promises made by a government party/agency/program that when the political party winds shift then the promises are blown away, too.
" I’m from the government and I’m here to help you. "
It’s unfortunate that you were lied to and cheated out of what you thought had coming, I’m not surprised, but hopefully you are once bitten, twice shy, and the wiser, as I am.
I agree CSA. But, I don’t paint everyone in the govt. with the same brush, especially in different situations. I know who shafted us. Have had a lot of good relationships with a lot of people in govt. both state and infrequently, federal. One thing is for sure, you have to separate the wheat from the chaff. They all “talk” a good game.
@dagosa I don’t fully understand why or how they did it to you but if thats the case, you certainly did get screwed over. Don’t go putting your money in a Cyprus bank right now or they’ll get the rest of it-and I’m not so sure they won’t be trying it here at some point in the future.
Funny man…wish I had that option.
So, I heard a report on the news that places like the Cayman islands were tax havens for as much as $21 trillion in holdings to take advantage of lower taxes for the worlds super rich.
Its a shame that so many of the worlds people wont even have a shot at the good life,always in the the mud and snow,while the pampered elite worry about nothing but keeping thier fortunes(Folks money(with a few exceptions) dont come from nothing,somewhere,somehow,it was taken from some poor dufus-Kevin
I’ll disagree with that. There are lots and lots of ways to make and keep money that are win wins for everyone and not at their expense. Of course there are also greedy people that want to take advantage of people and there are people without money, talent, or motivation that just want to steal everything you have when you are not home.
The guy putting my roof on is not stealing from me even if he is making a hefty profit (which I doubt). I’m happy to pay him. I hope he’s happy too. My insurance agent is not stealing from me. I pay him and he makes sure I don’t have a catastrophic loss. I don’t pay the bankers much but then they have the pretty much free use of some of my money but in return provide other services so I don’t consider them stealing from me.
(Man, I’m a fine one to complain about people’s spelling. Just edited my errors. Didn’t think I was that stupid.)
I don’t think the super rich are dishonest or even need to be. The system is geared that way. There are so many legal ways to grow money, especially when you have the smartest guys in town working for you, why be dishonest ? It’s the same with a rich guy down the lake who builds a summer home too close to the shore, gets a huge fine, pays it, and now has a house that’s worth more additional then the fine he paid , in part, because of it’s location. The town had other options to deal with him, but that would have meant the town lawyer would be kept busy by this guy for years…they did the gazintas and the rich get what they want…legally, and made money.
And no, insurance agents don’t get rich themselves, nor the car sales man nor the roofer. They often get salaried or get payed by commission. But, the company, where the real money resides (Farmer’s example), can finance golf tourneys and pay millions in prize money…all legal done, often with your health insurance funds, under another group name. Funds you may not see if your illness goes on too long and they stop coverage…in order to pay Tiger’s guaranteed winnings…ALL legal and all for huge profits from our collective insurance premiums with minimal returns.
@bing
Don’t worry about the spelling. If I got a dime for every time I did, I’d be among the super rich.
" I had high hopes that Obamacare would be a step in the right direction. I don’t intend to read the 3000 pages and not many have, but I suspect like usual, there is a lot of beauracratic crap in it. "
Bing, that was just the bill that was passed, the one that left out an entire political party and half the citizens of our country.
This sucker is up to 20,000 pages of regulations now and growing by the day !
It is a work in progress (and it’s not going to work).
If you sit down to a game of Monopoly and the dealer gets $100 for every dollar he gives you and each of the other players, and then puts all the Get Out of Jail Free cards in his pile along with all the property would you have a difficult time guessing who would win the game? Of course you’ll still have your boot straps.
“The more people find out about this law, the more they’re not going to like what it does,” says a GOP aide. “It’s amazing how quickly public perception can change.”
I was never in favor of anything like this.
In a sick way, it’s going to fun watching this thing unfold and play out. The fun is just now beginning !
@CSA
"“The more people find out about this law, the more they’re not going to like what it does,” says a GOP aide. “It’s amazing how quickly public perception can change.”
Here are a few things that have happened already NOW. Which don’t you like
. PLEASE READ and tell us which is not worth the effort. What have the GOP aids suggested instead ? The more successful it is, the more GOP aids are not going to like it…
1) Insurance companies can no longer impose lifetime coverage limits on your insurance. Never again will you face the risk of getting really sick and then, a few months in, having your insurer tell you, "Sorry, you've 'run out' of coverage."
2) If you don't know someone who has run into a lifetime cap, you probably know someone who has run into an annual cap. The use of these will be sharply limited. (They'll be eliminated entirely in 2014.)
3) Insurers can no longer tell kids with preexisting conditions that they'll insure them "except for" the preexisting condition. That's called preexisting condition exclusion, and it's out the window.
4) A special, temporary program will help adults with preexisting conditions get coverage. It expires in 2014, when the health insurance exchanges—basically big "pools" of businesses and individuals—come on-line. That's when all insurers will have to cover everyone, preexisting condition or not.
5) Insurance companies can't drop you when you get sick,
6) You can stay on your parents' insurance until you're 26. (living at home)
7) Seniors get $250 towards closing the "doughnut hole" in their prescription drug coverage. Currently, prescription drug coverage ends once you've spent $2,700 on drugs and it doesn't kick in again until you've spent nearly $6,200. James Ridgeway wrote about the problems with the doughnut hole for Mother Jones in the September/October 2008 issue. Eventually, the health care reform bill will close the donut hole entirely. The AARP has more on immediate health care benefits for seniors. Next year (i.e., in nine months), 50 percent of the doughnut hole will be covered.
8) Medicare's preventive benefits now come with a free visit with your primary care doctor every year to plan out your prevention services. <b>And there are no more co-pays for preventative services in Medicare.</b>
9) This is a big one: Small businesses get big tax credits—up to 50 percent of premium costs—for offering health insurance to their workers.
10) Insurers with unusually high administrative costs have to offer rebates to their customers, and every insurance company has to reveal how much it spends on overhead.
Oh boy. That’s one page of good reasonable stuff of course all of those will raise the cost of insurance-just can’t be provided otherwise. Now then what’s in the other 22,999 pages? Not saying I’m agin’ it, just a little concerned at this point given the talent behind it.
Speaking of the Feinstein effort, I’m not a fear monger, but it was a little disconcerting when the police confiscated all the guns in New Orleans durning the flood. These homeowners were just trying to protect their families and property in a lawless city that the police and NGs couldn’t get under control. Instead the police left them defensless to the looters and thugs running rampant. At the time I thought well that would never happen in Minnesota, but now I’m not so sure.
I’ve Already Mentioned That I Experienced Only One Of The Features And It’s A LIE. -
6) You can stay on your parents’ insurance until you’re 26. (living at home)
My Son Was To Lose His Coverage On My Policy At The End Of The Calendar Year Following College Graduation. This Provision Did Not Apply To Him At Age 23 ! Had He Not Earned/Paid His Own Coverage, He’d Be Without Insurance As We Speak !
Lies !
How many other items are lies ? (rhetorical question)
More to the point, it’s not about which items that I like or dislike. It’s at what cost to the economy, jobs, freedom ?
And . . . did we have to have The Mother Of All Liberal Social Experiments And Redistribution Of Wealth with 20,000 pages of regulations (and growing by the week) to add these things ? I think not.
ObamaCare is causing business to come to a standstill, businesses are afraid to grow, people are losing jobs and full-time workers are being reduced to part-time workers. Doctor shortages are being exacerbated, people are losing healthcare . . .
Looks good on paper, doesn’t it ?
It is and will be a disaster and the Democrats own it.
CSA…
So, When did he graduate and continue to live at home or not…All the provisions are in but not all have taken effect, some in 2010 to 2013 or later., When did this occur ? Call the department of insurance in your state to find out when he could have been placed on your policy( a 30 day window) and the exact date. If they give you a date it was inforced and it was before he graduated without group insurance available and he still lived at home or not as a dependent or not and your insurance comp. won’t allow him to remain on your policy, I believe you should lodge a complaint. If your son worked and was offered a group plan at work of his own …he would not be eligible. This is a policy to get coverage when it is not available, not a free loading life style.
Regardless, plan on your insurance company doing this…
Show the article that says people have actually lost their healthcare ?
Otherwise, your response is…it’s all a lie, it can’t happen and we are all going to go into a recession as all companies will stop hiring and go under…like what happened in dec, 2007 after 8 years of Bushocare. http://money.cnn.com/2008/12/01/news/economy/recession/index.htm
@Texas,nobody implied that anyone with money is a thief.But I have seen a heck of a difference between the haves and have nots,money isnt generated spontainesly.Look at the Nazis rise to power a lot of thier loot was stolen from the Jewish Germans,its a shame that the only way a government can sponser a war(ours included) is to take money from its citizens.
When the white man ran the Indians off the land,that they had settled and used,I guess there was a feeling of “manifest destiny.@Dagosa ,legal sure as Hell isnt ethical a lot of times,this reminds me of a chuckling dufus,who was patting himself on the the back for buying a “star sapphire” off a guy at a rock and mineral show,even talked the poor guy down on his asking price.Legal yes,ethical no.
There will always be some @$$#ole who will take advantage of others misfortune and feel good about it.That reminds me of an Antoniese comment that went"the best and brightest didnt go” that sets my blood boiling.If you didnt go ,the penalties were severe for the “unwashed” as for the fairness of taxes business goes the man that has 10 Million dollars can more easily spare 38% of that then the man that has 10 thousand dollars-Kevin
Just to be clear, before the white man ran the Indians off the land, the Indians ran other Indians off the same land. Many different tribes that didn’t necessarily get along. White folks just came with money and goods and a political/legal system. At least in Minnesota and South Dakota anyway. And they prefer to be called “Indians” not “Native Americans”.
