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overtheedge
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If Anything Can Stop This Bull, It’s Obamacare - Rick Ackerman -

Okay, one last time.
ObamaCare is to insurance companies as TARP was to banks.

The mortgage melt-down affected all investors.
Insurance companies get the money up-front, invest and let the actuaries do their thing.
Those monies are not just for medical, but life, auto, homeowners and wait for it, ... wait for it, ... retirements aka pensions.
The investments made by the insurance companies must be secure and reliable to cover the claims.
Real estate fit that requirement quite nicely. It "never" goes down.

The PPACA is the bail-out desperately needed by the insurance companies.

Sometimes a bit of innuendo is needed to get the point across, so here goes:
Every profitable business knows that keeping their customer base is paramount.
ObamaCare strips this customer base away and substitutes some monstrosity that nobody as yet grasps.
However buried within is a clause that guarantees insurance company profits during this monstrosities formative years.
Why aren't insurance companies supporting a test of Constitutionality?
After all, insurance is regulated by most of the states and not at federal level.
Remember, insurance couldn't/can't be sold across state lines.
--------------
Mr. Ackerman is correct for more reasons than he pointed out.
The high costs of ObamaCare are the economic brakes for most households.
For many families, no medical insurance is a recipe for financial suicide.
Incomes for most haven't risen in years. So the costs for ObamaCare must come from somewhere else in the households budget.
Perhaps from investments? When sellers outnumber buyers, ... after all, what choice does the family have?
When the market goes over the top and begins plummeting, the old saw about real estate never going down will be disproved again.
For most households, discretionary income will be just a phrase in an outdated economics textbook.
This bull has an aneurysm that is fixin' ta blow.

"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth." - Arthur Conan Doyle

Commented 3719 days ago

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Beginning of the headline :Spin control cannot conceal the fact that Obamacare is the worst policy disaster in U.S. history. For scores of millions of Americans, the hardship it has already inflicted on them is too acute to assuage, much less refute. It has put a choke hold on the economy the effects of which are being felt by virtually every business and household. That is why mere political debate must soon give way to more urgent measures that will effectively kill the law. If so, it can’t happen soon enough. Healthcar... Read More

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