The Confident Liar

obamacare web

The fact that President Obama is a confident, skillful liar is not a surprise to any objective observer.  His personal history is fiction in many key respects.  He lied about his membership in the socialist New Party in Chicago, he lied about the extent of his relationship with Bill Ayers.  He lied about an open and transparent administration.  He lied about letting the public review legislation for 5 days before any vote was taken.  He lied about cutting the deficit.  He lies about being a non-partisan President who is always open to consider proposals from his opposition.  When he is caught in lies about the growing list of administration scandals, he lies more.

When he lies, he usually assumes his pose of moral superiority.  He begins many lies with the phrase “Let me be clear”.  You can see video samples of 21 lies here:

Obama’s lies about the Unaffordable Health Care Act were so blatant and were repeated so many times that even the mainstream media is noticing and publicizing the bait-and-switch pitch.  The lackeys at NBC are reporting that  Obama knew his sales pitch was a lie.  Obama repeatedly said things like:

  • “You can keep your doctor and keep your plan.  The only thing we are going to do is lower costs.”
  • “No matter how we reform health care, we will keep this promise to the American people: If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.”
  • “No matter what you’ve heard, if you like your doctor or your health care plan, you can keep it.”
  • “This will not increase the deficit by one dime.”

Some key employees, like Kathleen Sebelius, are also comfortable lying.  In this recent whopper, she repeated the Obama phrase, “regardless of what you’ve heard”, which is meant to denigrate the people telling the truth.

SEBELIUS: “In every state in the country, regardless of what you hear. In every state in the country, there will be a new health marketplace open for business on October 1. There will be online availability that now is up and running.

After the rollout disaster, Sebelius explained the cause of the 700 million dollar website failure:  The problem was that,  ”the majority party at least in the House was determined to stop this any way they possibly could”.           This is truly sick and pathetic.

Obamacare was designed to fail.  The insurance company and union fools who supported the plan will suffer greatly under it.  Many millions will lose insurance coverage that they liked.  Younger people who were supposed to sign up for much more expensive coverage won’t do so.  Revenue will be much less than expected and costs will be much higher than expected.  The plan, as written, will fail.

Then we will be told that the only solution is government control of all health care.

In 2003, Obama said, ”I happen to be a proponent of a single-payer healthcare system for America, but as all of you know, we may not get there immediately.”  In 2007, he said,  ”But I don’t think we will be able to eliminate employer-based coverage immediately. There is potentially going to be some transition time.”

Illinois Representative, Jan Schakowsky, explained to a group of supporters that private insurance would be destroyed by Obamacare.   She said that the public option would, “put the private insurance companies out of business and lead to single-payer.”  Her audience cheered.

In 2008, Yale Professor Jacob S. Hacker openly explained the deceitful strategy.  He said, ”Someone once said to me this is a Trojan Horse for single payer. It’s not a Trojan Horse, right? It’s right there! I am telling you. We are going to get there. Over time. Slowly. But we are going to move away from reliance on employer-based health insurance, as we should, but we will do it in a way that we are not going to frighten people into thinking they are going to lose their private insurance.”

Harry Reid has already explained that the country has to “work our way past” insurance-based health care.  On a Las Vegas PBS’ program, Reid explained, “What we’ve done with Obamacare is have a step in the right direction, but we’re far from having something that’s going to work forever.”

When then asked  whether he meant ultimately the country would have to have a health care system that abandoned insurance as the means of accessing it, Reid said: “Yes, yes. Absolutely, yes.”  

This law was passed without anyone even knowing what was in it.  It was a step toward government control, and that is all that mattered to them.  It was passed against the will of the American people.  Mr. Reid “deemed” it to be law without even a vote on the actual bill.  They argued forcefully that it wasn’t a tax and then they argued in court that it was. The entire Obamacare endeavor has been a deceitful scam played on the public for the purpose of extending government power. It will severely damage the greatest health care system on earth, but, to them, that doesn’t really matter.


Hitler finds out about Obamacare Exchange problems -


Obamacare Lies

Obamacare was sold to the public with a series of Big Lies.  They were repeated endlessly, and for the most part, they were not challenged by the media.  Here is an excellent reminder of the bold lies:

Rational people know that government does not do things efficiently, inexpensively, or well.  No thinking person would believe that adding over 100 new government bureaucracies to the provision of health care would decrease costs or improve quality.  Just look at the economics of Medicare and Medicaid.  Universal health care is an economic black hole of major proportions.

Every once in a while a Democrat politician slips and accidentally makes an honest statement.  Here is Max Baucus, Obamacare’s lead author, telling the truth about this disastrous law.  Baucus has announced his retirement.

Some people believe that Obamacare was intended to fail.  The failure is step one in a two step plan.  Step two is to convince people that the only way out of the mess is to have all health care controlled by the government.  Game. Set. Match.



In a related story, here is the Tempo Building in Spain. I call it The Obamacare Building.  The public was told that it was going to be one of the most magnificent residential buildings in all of Europe, 47 stories tall.

Oops.  They forgot to put an elevator beyond the 20th floor.  The building, as designed, can’t work and won’t work.  The building is a monumental disaster.

The architect has resigned.  I am not sure if his name was Baucus.




UPDATE 2:  Harry Reid has now admitted that the goal of Obamacare is to destroy private insurance.  Obamacare is just step one.  Step two is to blame Republicans and insurance companies for the failure of Obamacare.  Step three, that Reid says he “absolutely” favors, is access to health care only through government.   This is not a surprise, but it is an absolutely stunning admission.

Medical Care and Expensive Hotels

As noted in earlier posts, we believe that common sense is often a much better guide to  economic policy than the schemes that our “leaders” come up with.  Consider this example.  Imagine what would happen to the price of hotel rooms if:


  • The guest does not have to pay for the room.  Someone else pays.
  • No matter what room you pick, fancy or not, someone else gets the bill.
  • The prices for the rooms and all of the guest services are hidden. The price doesn’t really matter, though, because someone else pays.
  • People can enjoy the rooms and guest services whenever they feel the need.
  • If you use a room and don’t have someone else pre-arranged to pay, that’s no problem, the hotel operator can hide your bill inside the bill of those who do pay.

If customers don’t know or care how much rooms cost, what will happen to prices?  The customers have no incentive at all to be careful with money.  Quite the opposite.  They will demand their fair share of this service and they will want the best that someone else’s money can buy.

The provision of medical care is very much like that.  If you ask a provider how much a medical service will cost, you are likely to be met with a surprised look.  Asking how much a procedure costs is the exception, not the norm.  Since cost does not matter to the individual consumer, costs are rising rapidly.

In parts of medical care where the consumer is more likely to pay directly, like cosmetic services or laser eye surgery, costs are directly controlled by the consumer.  Prices must remain at a level acceptable to cost-conscious consumers.

A group of Doctors in Oklahoma who realized the insanity of the current system decided to do something about it.  They have successfully attacked the high cost of medical care in a way that should be a model for the nation.  Take a look:

As you evaluate their approach, remember that all it does is dramatically reduce the cost of medical care.  It does not give politicians or unions more power.  So it’s not an option they would want to consider.  For them, it’s all about power.

Did the Election Save ObamaCare?

In an imaginary world, government does things efficiently and economically.  In that world, you would want government to provide health care.

In the real world, politicians cobbled together a monstrous piece of legislation called Obamacare, with a structure that cannot possibly be efficient or economical.

John C. Goodman at has a superb analysis of what Obamacare will do when reality comes up to bat.

If you read this at the source, you will see links to other supporting information.  John Goodman:

The morning after Tuesday’s vote, there is one thing every commentator agreed on. The election of Barack Obama guaranteed that his signature piece of legislation — health reform — can now go forward. Republicans are powerless to stop it.

Yet there is something all these commentators are overlooking. There are six major flaws in ObamaCare. They are so serious that the Democrats are going to have to perform major surgery on the legislation in the next few years, even if all the Republicans do is stand by and twiddle their thumbs.

Here is a brief overview.

ObamaCare is not paid for. At least it’s not paid for in any politically realistic way. As is by now well known, the legislation will lower Medicare spending over the next 10 years by $716 billion in order to fund health insurance for young people. This reduction will primarily consist of lower payments to physicians, hospitals and other providers — reductions that are so severe that they will seriously impair access to care for senior citizens.

In the last two Medicare Trustees reports, the Office of the Medicare Actuaries has predicted that these cuts will force one in seven hospitals out of the Medicare system in the next eight years. Payments to doctors under Medicare will fall below Medicaid levels in the very near future and will fall continuously behind Medicaid in the years ahead. From a financial point of view, seniors will be less desirable patients to doctors than welfare mothers. Harvard health economist Joe Newhouse envisions that seniors may have to seek care in the same places that now cater to Medicaid beneficiaries: at community health centers and in the emergency rooms of safety net hospitals.

During the election campaign, Barack Obama claimed that his administration had found $716 billion of “savings” and Democrats generally claimed that the money would come out of the pockets of doctors, hospitals and insurance companies, with no bad effects on seniors. In fact, no “savings” have been found and seniors will indeed be affected by low reimbursement rates — just as low-income patients must deal today with the fact that almost one in three doctors is not taking any new Medicaid patients.

But if the current crop of politicians is afraid to admit that they have taken something away from senior voters, what do you think future politicians are going to do when real pain starts setting in? The betting in Washington is that the cuts will be restored. That will mean that ObamaCare will hugely add to deficit spending, indefinitely into the future.

ObamaCare promises what it cannot deliver. To most politicians, acquiring health insurance means that people will be able to get medical care that the uninsured are not now getting. Yet in order for the country as a whole to get more medical care, there must be more doctors and nurses and hospital personnel — something that ObamaCare does not create. Continue reading

And the Outsourcer of The Century Award Goes To…

President Barack Obama!

It is very intuitive that the spectacular deluge of regulations and taxes unleashed on US industry by the 44th President would be extremely detrimental to business and grind our economy to a near stop.  The last time we saw a massive tax increase and regulatory takeover of the economy in the face of a recession was under Herbert Hoover in 1932. It would take the greatest war the world has ever seen to pull us out of the depression that resulted. If you need an illustration of how taxes and regulation hurt the economy, consider the following example from the med tech industry:

Lets say you are a running a small medical device company trying to survive in our so-called “free” country.  It costs you between $35 million and $90 million to get a new device approved for use in the US.  It also takes you between 5 and 10 years of R&D and regulatory to get FDA approval and there is well over a 75% chance that your company will fail along the way (run out of cash, the device doesn’t work, a test subject has a lawyer relative, etc). You watch as an unregulated low-cost internet industry takes over the VC community that used to fund medical technology ventures.  Your life is one of regulatory and financing hell and your family hates you because there is a good chance that the next bump in the road will be the end of your company.  The only humor in your life is a sad chuckle when you hear a delusional acquaintance say that it’s the NIH that actually ”invents” things.  You stay focused on the supposed pot of gold that waits for you at the other end of the minefield you’ve chosen to navigate.

Now imagine if, in addition to your woes, the President and Democratic congress declare an all-out war on your industry.  The FDA is given a “stonewall mandate” as internal whistleblowers are unleashed on the agency to root out any industry friendly regulators and blackball privileges are given to even low ranking officials.  Taxes are promised to be raised 33% on investment capital which will not only drain the pool of financing you need, but steer it even further towards low-cost unregulated alternatives like a college programmer with a hot idea.  Mid-tier med tech companies that might buy yours are run out of the nation or swallowed up by bigger companies because their small margins can’t take the special med tech tax in Obamacare (2.3% of revenues can look a lot more like 23% at the bottom line).  That same Obamacare med tech tax (used as Chicago-style punishment to the industry for not supporting Obamacare) drains billions of dollars from the pot of gold (med tech acquisition budgets) that you and other small med tech companies look to for cashing out after all the hard work.  Now you are competing with the other companies for a much smaller exit value, much like the animals in a nature special surrounding a small African watering hole during a drought…  And then your elected representatives in government add “comparative effectiveness studies” to the list of things your diminished money supply will somehow have to pay for.  These are studies that could stop most groups from compensating your technology, even if it somehow gets through the Obama FDA. You have to show that your technology is cost-effective… unlike nearly any technology right after launch before economies of scale can bring the price down!  At what point do you fold up shop and/or leave the country?

Am I being overdramatic? Look around you.  Pick up the paper.  What do you see?  And this is before the real regulations are slated to kick in…

Here is an example of one such company:

This next company obviously doesn’t have a lot of faith in what Obamacare will do for our markets.  If only the CEO had a chance to talk to the president about it…

It is hard to imagine that this the same country of 20 or even 10 years ago.  In my youth, there was a worry that the Russians would invade the US and replace freedom with socialism at the point of a gun.  The man who brought down the Red Army warned us it would happen another way, and only take a generation to accomplish: