RANT: Obamacare was ill considered; here come the UCs

Friday, October 1, 2010

http://online.wsj.com/article/SB10001424052748703431604575522413101063070.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

   * HEALTH INDUSTRY

   * SEPTEMBER 30, 2010

McDonald’s May Drop Health Plan

By JANET ADAMY

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McDonald’s Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. health overhaul.

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UC = Unintended Consequences

Wasn’t this supposed to cover everyone with insurance?

It would have been cheaper to put everyone, without insurance, on the Federal payroll.

Thanks, FDR, for your Wage / Price controls of WW2.

Sorry, but why is term life insurance cheap and medical insurance expensive?

Gooferment!

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POLITICAL: What rube believes in the Social Security Trust Fund?

Friday, October 1, 2010

http://dailyreckoning.com/whats-really-in-the-social-security-trust-fund/

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“Some in our country think that Social Security is a trust fund – in other words, there’s a pile of money being accumulated. That’s just simply not true. The money – payroll taxes going into the Social Security are spent. They’re spent on benefits and they’re spent on government programs. There is no trust.” —- President Bush 2005

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Only certain people who vote for “hope and change”?

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