Annual Medicare Subsidy Per Enrolled Member, 2011: $12,000

“Few voters know what the average Medicare beneficiary receives each year. This rises every year. It was about $11,000 in 2008. In 2011, it was $12,000.  Americans become eligible at age 65. Beginning in the year 2010, the baby boomers began to reach age 65. They were born in 1946, the year after World War II ended. The birth rate soared. It did not reverse until 1958.  There is no question what is going to happen to Medicare. It is today the #1 government expense: 23%. This percentage will be over 50% before the boomers depart, unless Medicare is abandoned by younger voters in a great default.”

http://www.garynorth.com/public/11595.cfm

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The American Economy is Not a Free-Market Economy

“Those inclined to dismiss Lewis’s claim as exaggerated must confront the solid body of evidence he amasses. Everyone knows that governmentally-sponsored mortgages helped to fuel the housing bubble that burst in 2008 with disastrous consequences. As Lewis points out, though, the situation is much worse than most people imagined. ‘By the end of 2007 government-sponsored mortgages accounted for 81% of all the mortgage loans made in the US and by 2010 this had risen to 100%.’  Government dominance is of course bad for the economy, but it works to the benefit of a small group of the powerful. A great strength of the book is that Lewis names names: he tells us who the predators are.”

http://mises.org/daily/6540/The-American-Economy-is-Not-a-FreeMarket-Economy

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The IRS Rewrites Obamacare

ddc-header1

“Obama and his IRS are bypassing Congress and rewriting Obamacare on their own.  The IRS is imposing health insurance mandates on employers and individuals even in states where by law they’re exempt (http://shar.es/iI2HW). Obama also broke the law by extending the deadline for the employer mandate by a year. He bypassed Congress in making these arbitrary changes. He’s picking and choosing which provisions to enforce, and when. Neither Obamacare nor the Constitution give him that discretion. His actions are illegal. And he’s setting a precedent that will allow future presidents to ignore or rewrite legislation. But his lawlessness exposes a truth…”

http://www.downsizedc.org/blog/the-irs-rewrites-obamacare

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What Will ObamaCare Cost You, Beginning on January 1? Do You Know?

“They call this insurance. It’s not insurance. It’s free care for the already ill. Someone must pay. Guess who? You!  How much will your premiums be raised? Have you been told yet? If not, do you know how to find out?  Have you made the household budget revisions that will be required on January 1? Or are you just waiting to see what happens? This gigantic change in American health care is due to go into effect on January 1. Everyone is supposed to enroll on October 1. Are they ready to comply? Do they know how to comply? The IRS will administer this. What if most people fail to comply? What will the IRS do then? With what percentage of its employees?”

http://teapartyeconomist.com/2013/09/24/will-obamacare-cost-youl-beginning-january-1-know/

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Shutdown: ObamaCare (No) and the Federal Government (No)

“So, how long will House Republicans continue to take a stand? Until the polls indicate that they will lose in November 2014.  On October 1, enrollment in the exchanges is to begin. But hardly anyone knows how to enroll yet. The computer programs are not ready. The confusion has not yet hit. The sense of betrayal has not yet hit Obama’s poll numbers.  If Republicans can hold out long enough for resentment against the program to spread, they win politically. They can hold out longer. But at some point, they will capitulate. That’s what the uncertainty is all about. It’s about the timing of their capitulation.”

http://teapartyeconomist.com/2013/09/24/shutdown-obamacare-federal-government/

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Will Congress heed the warning on their Obamacare exemptions?

“The poll data is clear and cuts across party lines: 92 percent of the public does not think it is right that Congress and their staff are letting the Obama administration exempt them from the costs of Obamacare. Yet it seems many in Congress still want to dismiss these findings in hopes that these sentiments won’t translate into actual voter preferences.  Incumbents facing reelections shouldn’t fool themselves. A recent real-world deployment of the issue shows it can powerfully impact candidates’ prospects.”

http://www.weeklystandard.com/print/blogs/canary-coal-mine_756591.html

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Obamacare ‘SHOP’ Web Based Sign Up Won’t Be Ready Until 2014

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“A senior lobbyist at a medical association informs EconomicPolicyJournal.com that ‘the SHOP exchange for small businesses to purchase insurance for their employees will require employers to sign up using paper forms. The ability to sign up using an electronic or web-based form will not likely be ready until January 2014 at best. The industry was informed of this limitation one week ago.’  EPJ’s source also says that WaPo has it right when quoting Joel Ario, the former Director of Center for Consumer Information and Insurance Oversight, ‘nobody is going to say we’re not starting on October 1, but in some situations, you may see a redefinition of what ‘start’ means.'”

http://www.economicpolicyjournal.com/2013/09/exclusive-obamacare-nightmare-part-of.html

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Obamacare Navigators Won’t Have To Pass Background Checks

“Ben Swann takes a look at HHS navigators and the massive amounts of private and personal information they will collect and store in the Federal Data Hub under Obamacare. Plus, we ask the question, does private information even exist anymore?”

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Cruz’ plan B for defunding Obamacare: ‘Shut down the military’

“Sen. Ted Cruz (R-TX) on Sunday warned Senate Republicans that refusing to filibuster a bill that defunds President Barack Obama’s health care reform law ‘is a vote for Obamacare,’ and he also advised House Republicans to ‘shut down the military’ if they had to.  ‘If Harry Reid kills the bill in the Senate, the House should hold its ground, and should begin passing smaller continuing resolutions, one department at a time,’ Cruz explained. ‘It should start with a continuing resolution focused on the military.’  ‘Send it over, see if Harry Reid is willing to shut down the military,’ he quipped.”

http://www.rawstory.com/rs/2013/09/22/cruz-announces-plan-b-for-defunding-obamacare-shut-down-the-military/

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Dementia Drugs Ineffective at Slowing Mental Decline

“Cognitive enhancement drugs only have short-term benefits and can cause significant side-effects for people with mild memory problems, according to researchers.  In a new review of existing data, researchers at St. Michael’s Hospital in Toronto, Canada studied eight randomized clinical trials and three companion reports on the efficacy of four drugs in people with mild cognitive impairment. The drugs were donepezil (Aricept), rivastigmine (Exelon), galantamine (Razadyne), and memantine (Namenda). They found that while the drugs do have short-term benefits, they are lost after a year and a half of treatment.”

http://www.healthline.com/health-news/mental-cognitive-enhancement-medications-dont-slow-mental-decline-091713

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