Posted on 10/01/2013 12:48:45 PM PDT by whitedog57
Obamacare started today and David Stockman says it is a disaster.
Of course it is a disaster.
It started today and … the online enrollment didn’t work. And gave wrong prices when it did work. Thanks to the government’s $88 billion software.
Simply put, it is an enormous wealth transfer from the top 50% of earners to the bottom 50%, thanks to the Obamacare subsidies.
Yes, there will be massive rationing of healthcare to the elderly and “nonproductive.” This is straight out of George Orwell’s novel Animal Farm.
animal-farm
Unrelated to Obamacare, the annualized domestic vehicles sales collapsed (by the most in 29 months) to 11.66 million – it’s lowest in 11 months – missing expectations by the most since January 2009. And the biggest monthly decline since May 2011.
newcarsales
It’s a beautiful day in the neighborhood. At least we can all sing when the country is bankrupt.
Somebody posted today that once the kids discovered the fine was progressive (increasing each year)they’d buy policies. A friend just got her personal policy increase. It went from $9,900/yr for two to $20,000/yr. That’s a new car every year. That’s 2.3 times more than I ever paid for a mortgage. Imagine if everybody did buy at similar prices. New car sales would be non-existent. Same with houses. Come to think of it, what about rent?
Ready for your 0bamaCare?"
- Lois Lerner (or her replacement)
Because plans must conform to the outrageous offerings Congress / 0bama dreamed up, prices will necessarily skyrocket.
The economy is going to crash as a result. It has to. Everyone’s cash will have to go massively into healthcare, no matter where they previously spent it.
EVERYTHING else will crash. There’s no money left over to buy stuff.
That is exactly what I posted yesterday. (well, not exactly but close) All the businesses that are hanging on by a thread (and that’s nearly all of them) are going to go bye-bye.
Okay now we will try the landline # 1-800-318-2596 listed above:
“Unrelated to Obamacare, the annualized domestic vehicles sales collapsed (by the most in 29 months) to 11.66 million – it’s lowest in 11 months – missing expectations by the most since January 2009. And the biggest monthly decline since May 2011.”
Tell me about it. I’ve been in the car business since ‘92. I don’t know exactly what’s causing the downturn but what I do know is business sucks!! to put it mildly. And has really, with just a couple of short reprieves, since Obama took office.
The better times were just an illusion, really. When so many of the new car dealers were closed everyone left got a bigger piece of the pie. Only problem is, the pie is not getting bigger.
Jam the website with GIGO.
The stupid US government is gonna find that out when they see the dismal reports for the lack of people who could afford to buy their healthcare insurance on the exchanges.
There was a spike in buying cars after the disasters, lotsa flooded and destroyed cars needed replacement.
FUBOcare is not flooding cars, it is killing valets.
Sadly, the Republicans should be saying this LOUDLY as to why they want it to be defunded. Tell the American people, it is better to be warned now than I Told You So later.
Yea well tell it to management. It's always “our” fault. Fires, floods, famines, earthquake, makes no difference. Car salespeople are the poster children for the old saying “shit runs downhill”. But the good thing is it's a new month!
Everyone starts out at 0 and it can only go up! Or, so they said in the sales meeting this morning...Hope springs eternal and all..
Did you ever see the movie GlennGary GlennRoss? Same thing only cars instead of real estate. Oh well, if I'd get off the computer and go find a customer then I might accidentally sell one! Onward and Upward!!!!
I know I do not qualify to be in the "more equal than others" category. Someone needs to update Animal Farm to put it in Obama’s America.
And the Ruling Class is exempt from the rules they make.
Cars should never be bought as an investment. I guess folks could walk to work or the store or wherever but most places that’s just not practical. On the upside tho, used car sales really suck too! Good thing I sell both...
I'm a used boat salesman, and I've sold every boat that's crossed my place this summer. One thing I've learned over the years, people will buy what they want.
Can't say as it breaks my heart that new car sales are down. They're well over-priced and a good market induced jolt may do consumers some good. But I doubt it. There's more than enough schtoopit people around to keep'em rollin'. **sigh** d;^)
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