Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Markets Bet ObamaCare Won't Survive
IBD Editorials ^ | August 12, 2009 | LAWRENCE KUDLOW

Posted on 08/12/2009 6:24:41 PM PDT by Kaslin

It's hard to know why President Obama said what he said at Tuesday's health-care town hall in New Hampshire. He actually stated, "If you think about it, UPS and FedEx are doing just fine. It's the Post Office that's always having problems."

Oops. Freudian slip? Subliminally speaking, was the president inferring that private health insurers are doing just fine?

Government insurance is what's in trouble today. Medicare is in the hole by about $40 trillion on a discounted present-value basis over the next 40 or 50 years. And if we're going to equate government care to government mail, according to Steve Hayes of the Weekly Standard, the U.S. Postal Service is going bankrupt with a $7 billion net loss this year.

With 633,000 career employees, the Post Office won't be able to make $5.4 billion in retiree health-benefit payments. How many of these federal employees will populate the new government-backed insurance plan if it passes?

So it's something of a mystery why the president went down the FedEx/UPS/Post Office turnpike. Perhaps the inner Obama is a free-enterprise guy. Maybe in the heat of battle his private-sector FedEx/UPS endorsement kind of, well, slipped out unconsciously.

Some will be skeptical of this reasoning. But having once had dinner with the man, along with other conservative pundits, and knowing how carefully he parses his words, it's hard to understand how he let this free-market blessing slip out. Perhaps he's secretly competing with Joe Biden to win the hoof-in-mouth-disease contest.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: bhotownhalls; gaffe; kudlow; usps

1 posted on 08/12/2009 6:24:42 PM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: bareford101; BerniesFriend; blaveda; Bookwoman; Celeste732; dsc; FrdmLvr; FreedomPoster; ...

2 posted on 08/12/2009 6:26:03 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

and 0bama takes another one in the.................................HA ha!!!

3 posted on 08/12/2009 6:33:10 PM PDT by Chode (American Hedonist -ww- I AM JIM THOMPSON!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
was the president inferring that private health insurers are doing just fine?

Good grief! Larry Kudlow doesn't know the difference between infer and imply.

The listener infers. The speaker, Obama, implies! What is the world coming to.

4 posted on 08/12/2009 6:36:39 PM PDT by ladyjane
[ Post Reply | Private Reply | To 1 | View Replies]

To: ladyjane

One of my pet peeves too ladyjane.


5 posted on 08/12/2009 6:40:30 PM PDT by Graybeard58 ( Selah.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: ladyjane

Well at least I can find a reference to the Post Office in the Constitution, Still looking for the Amendment that talks about Health Care.


6 posted on 08/12/2009 6:40:43 PM PDT by eyeamok
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kaslin
I know this is kinda dumb, but I wonder if anyone in Vegas is taking bets on this issue?

Has anyone heard? And, if so, what are the odds?

7 posted on 08/12/2009 6:48:13 PM PDT by MountainDad
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Whoth theen my Totuth?


8 posted on 08/12/2009 7:06:19 PM PDT by Iron Munro (You can't kill the beast while sucking at its teat - Claire Wolfe)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Whoth theen my Totuth?


9 posted on 08/12/2009 7:06:42 PM PDT by Iron Munro (You can't kill the beast while sucking at its teat - Claire Wolfe)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

ping


10 posted on 08/12/2009 7:08:41 PM PDT by 4Speed
[ Post Reply | Private Reply | To 1 | View Replies]

To: ladyjane
Please note that English is my second language, but from see here it looks like both mean practically the same thing

infer

1 : to derive as a conclusion from facts or premises

imply

2 : to involve or indicate by inference, association, or necessary consequence rather than by direct statement

11 posted on 08/12/2009 7:18:22 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kaslin
Oops. Freudian slip? Subliminally speaking, was the president inferring that private health insurers are doing just fine?

Poor delivery. I'll bet he was thinking that *absent the free market alternatives*, the USPS would be doing okay. I mean, if this bill were about revamping our postal and shipping system, it would be companies like UPS and FedEx that were about to get chopped, rather than health insurers.

Come to think of it, I'll bet the board members of FedEx and UPS are feeling a bit uneasy right about now.

12 posted on 08/12/2009 7:29:11 PM PDT by Charles Martel ("Endeavor to persevere...")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin; ladyjane

While the meanings are indeed very close, ladyjane correctly identifies the nuance in their difference.


13 posted on 08/12/2009 7:30:12 PM PDT by FreedomPoster (No Representation without Taxation!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Charles Martel

Good point.


14 posted on 08/12/2009 7:31:06 PM PDT by FreedomPoster (No Representation without Taxation!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Kaslin
So it's something of a mystery why the president went down the FedEx/UPS/Post Office turnpike.

Clearly, the man is lost when he is not reading from the teleprompter. What a sock-puppet!

15 posted on 08/12/2009 7:33:17 PM PDT by SpeedRacer (Where's your records, B-HO? What are you hiding?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

You’re right. Those definitions look very similar.

Someone who looks at a situation or listens to someone talk and then draws a conclusion is making an inference. It’s a thought process.

It’s the listener who makes the inference. The speaker is the one who implies,

BTW the pictures on your home page are great!


16 posted on 08/12/2009 7:53:56 PM PDT by ladyjane
[ Post Reply | Private Reply | To 11 | View Replies]

To: Charles Martel

I think the reality is that absent Congressional meddling, USPS would be doing fine.


17 posted on 08/12/2009 7:57:22 PM PDT by freespirited (The Surgeon General has determined that Harry and Louise are dangerous to your health.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: MountainDad

Intrade has it trading at 36%

Current Events - Health Care Reform
Will a federal government run health insurance plan be approved in the US?
Contract Bid Ask Last Vol Chge
US.GOVT.HEALTHPLAN.DEC09
A federal government run health insurance plan to be approved before midnight ET 31 Dec 2009 M Trade 36.0 38.0 36.0 4474 -2.0

http://www.intrade.com/jsp/intrade/contractSearch/


18 posted on 08/12/2009 8:34:10 PM PDT by Kevmo (So America gets what America deserves - the destruction of its Constitution. ~Leo Donofrio, 6/1/09)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Kaslin

I’m curious, what’s your first language? Peace.


19 posted on 08/12/2009 8:44:59 PM PDT by PureSolace (Trust in God)
[ Post Reply | Private Reply | To 11 | View Replies]

To: PureSolace

Kind of like Evan Baxter in “Bruce Almighty” when despite himself, Evan babbled because Bruced used his “powers” to change what he wanted to say! Perhaps a power greater than Obama is thwarting his own words (or maybe God is answering our diligent prayers!).


20 posted on 08/12/2009 9:46:56 PM PDT by princess leah
[ Post Reply | Private Reply | To 19 | View Replies]

To: PureSolace

My first language is German


21 posted on 08/13/2009 5:11:16 AM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Kaslin

Rockin’ The only German I know is the basics. It’s a cool language though. :)


22 posted on 08/13/2009 5:16:30 AM PDT by PureSolace (Trust in God)
[ Post Reply | Private Reply | To 21 | View Replies]

To: PureSolace; All

BTW, Townhall.com has the same column this morning by Lawrence Kudlow, but it’s titled ‘Obama’s Hoof-Mouth Disease


23 posted on 08/13/2009 5:29:40 AM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 22 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson