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Friday, October 16, 2009
Roger Schlesinger :: Townhall.com Columnist
Will They Read the Bill?
by Roger Schlesinger
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Will Congress pass Obamacare by the end of the year?

I remember as a high school student, once in a while, actually more than once in a while, waiting until the night before an exam to begin studying. By that time, it was too late to read the book, so I used Cliff Notes. I got the gist of the story, but there was plenty of material in the book I missed entirely, never having read it.

Is this so different from our “quick to judgment” Congress voting on healthcare bills without ever having read them? We seem to be on the verge of spending a small - - well actually an enormous - - fortune; and I for one would like someone actually to read it before it is passed. Call me old-fashioned, but if I were being asked to authorize the expenditure of a whole lot of money on something, I would want to make damn sure it was in the interest of the people I represent. Our legislators have a different idea; they listen to sound bytes rather than reading the bills because (and I am not clever enough to make this up) the bills are too long and take too much time to read. Wow! That is amazing when you consider that is what they are paid to do.

Arguing with Idiots By Glenn Beck

Remember when we referred to these elected officials as public servants? Well, I dub them “caskless water bearers.” Like those who would attempt to carry water without a vessel, they are totally ill-equipped to pass judgment on healthcare bills since they haven’t read them. Of this I am sure: the legislators can read and can tell time. I suggest we write to our legislators and insist, as we’ve done with our children all these years, that they do their homework and don't turn on the television until it is completely finished.

Of course if they actually read what they are about to vote into law, they might find out that the sound bytes they have heard and parroted don’t accurately reflect what is in the bills. (I normally would say the sound bytes don't hold water, but that's what I said about the legislators). Ignorance is bliss to these folks.

Meanwhile, back at the hacienda blanca, skullduggery is the order of the day. First, President Obama is calling on Congress to make $250 payments to 50 million seniors, ostensibly to offset the lack of a cost of living increase in social security this year. Its real purpose, of course, is to keep seniors from noticing that Medicare is about to be sabotaged. Second, the administration wants to take roughly $250 billion out of health-care reform - - for Medicare payments to doctors - - and spend it in a separate bill. This makes the Obamacare appear less expensive, but the net impact on the federal budget is precisely the same. They’re hoping we simpletons won’t notice. Continued...

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About The Author

Roger Schlesinger's Mortgage Minute is heard on hundreds of radio stations and daily on the Hugh Hewitt radio show and Michael Medved shows. Roger interacts with his hosts and explores the complicated financial markets in order to enlighten his listeners and direct them along their own unique road to financial freedom.

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INSURANCE PROFITS
All too many people associate the profits of an insurance company evil. There is nothing wrong with ANY company, insurance or otherwise....earning a profit. Most businesses start out with the intention of being profitable and unless that business earns enough money to cover operating costs and have enough left to pay a salary, the business will fail.
The government was never obligated to earn a profit and it's a foreign concept for the government to think that way. The Feds are not wired that way. Despite the difference in how private business and government works, there are those in government that propose to tell businesses how much of a profit is permissable.
When the government begins putting a cap on how much profit is reasonable, it almost guarantees that private business will fail.
If an insurance company over-charges, refuses to pay claims, and refuses to take on clients for whatever reasons, that insurance company will generally go out of business simply because it's not going to be competetive. The government needs to stay out of health care.

Come on..
Do you really think any of our politicians really care about us or the USA? If they really cared about the populus they would get back on some type of fiscal responsibility. Every student whoever took Eco 101 knows its either about guns or butter. Lyndon tried to have the great society and a war in Vietnam and sent our economy into a tailspin. You want answers go back and study history. Start at 1960 and stop at Reagan's election. It's scary that we don't learn from our mistakes.
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