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Vote for Cruz, screw your parents
Market Ticker ^ | 3/21/16 | Karl Denninger

Posted on 03/21/2016 10:05:26 AM PDT by Dana1960

Let me remind you that Medicare and Medicaid are the entire problem space within our federal budget, and that same issue -- retiree health care costs -- are the entire issue with state and local budgets, along with private pensions.

There is only one candidate from either major political party that has put forward any sort of cogent plan of any kind of deal with the Medicare and Medicaid mess -- along with the mess of health care in private industry. This, as I've written about pretty-much since The Market Ticker began publication, is the intermediate and longer-term issue that will destroy our federal, state and local budgets if we don't deal with it, and there are a huge number of firms (and of course individuals) that make a hell of a lot of money through acts that either are illegal but not prosecuted or damn well ought to be illegal.

(Excerpt) Read more at market-ticker.org ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections; US: California; US: Florida; US: New York; US: Texas
KEYWORDS: 2016election; abortion; california; deathpanels; election2016; florida; healthcare; karldenninger; marketticker; medicaid; medicare; newyork; obamacare; sarahsilverman; sarasilverman; socialsecurity; tedcruz; texas; zerocare
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Denninger's posts go behind some sort of paywall eventually, so if you want to save them, do so promptly. His research is pretty good, so if the topic interests you, it's worth saving.
1 posted on 03/21/2016 10:05:26 AM PDT by Dana1960
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To: Dana1960

Denninger lost me when he voted for Obama in ‘08.


2 posted on 03/21/2016 10:11:24 AM PDT by randita
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...

gosh, that sounds familiar...

Sara Silverman and her message to Grandma & Grandpa! “Your going to die soon” [2008]
http://www.freerepublic.com/focus/news/2104706/posts


3 posted on 03/21/2016 10:11:55 AM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: Dana1960

My dear mother, who passed away last year, raised 7 children. She worked about 15 years after the last was child in Jr. High School.

I estimate she put in about $15-20k into Soc. Sec. through payroll taxes. Up to her death at 90, I estimate she took out about $180k.

Unless every family is having 5 or more working, productive, tax-paying children, there is no government magic, except a Federal Reserve printing press and massive debt, that makes this sustainable for all Americans.


4 posted on 03/21/2016 10:12:57 AM PDT by PGR88
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To: Dana1960

So this guy says the only candidate that has a cogent plan to fix Obamacare/MediCare/MediCaid is the candidate that wants Obamacare Supersized( Universal Health Coverage) and that is Donald Trump?????


5 posted on 03/21/2016 10:12:59 AM PDT by Cyman
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To: Dana1960

I AM a parent. I’m still voting for Cruz. (Actually, already voted for him, helping him win here in Oklahoma.)


6 posted on 03/21/2016 10:13:10 AM PDT by oldplayer
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To: Dana1960

Vote for Trump or Clinton and screw your children....


7 posted on 03/21/2016 10:18:06 AM PDT by G Larry (ILLEGAL IMMIGRANTS impose SLAVE WAGES on LEGAL Immigrants.)
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To: randita

His vote probably was more of a protest vote. Don’t forget a lot of Republicans voted for Obama in 2008. Of course of the GOP had had a better candidate than McCain might have been different.


8 posted on 03/21/2016 10:21:15 AM PDT by Captain Peter Blood
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To: Captain Peter Blood

His vote probably was more of a protest vote. Don’t forget a lot of Republicans voted for Obama in 2008. Of course of the GOP had had a better candidate than McCain might have been different.


I saw that too in my own family.

I didn’t vote for McCain but I sure as hell wouldn’t have voted for Obummer even as a protest vote


9 posted on 03/21/2016 10:28:57 AM PDT by LMAO (I know Hillary and I think she'd make a great president or Vice President. Don Trump 2008)
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To: Cyman

Don’t be low information. Read Trump’s health care plan.


10 posted on 03/21/2016 10:33:01 AM PDT by perfect_rovian_storm
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To: Dana1960
There is only one candidate from either major political party that has put forward any sort of cogent plan of any kind of deal with the Medicare and Medicaid mess -- along with the mess of health care in private industry.

The words "cogent" and "Trump" really shouldn't be used in the same sentence. His "cogent" plan is a mess of things that either won't work, are already available, have already been tried, or contradict things he said or proposed before.

11 posted on 03/21/2016 10:38:33 AM PDT by DoodleDawg
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To: PGR88

If we got the lazy disability people off SS( not those with true disabilities) and worked to cut fraud we could sustain it until those within 15 years of full retirement die. Anyone under that age needs to prepare but that won’t happen.

They will simply move to the gimme dat rolls of welfare. So taxpayers will pay one way or the other until the whole system collapses or until we reform the whole system and make all working age individuals capable of work do so. But then that means we need jobs.

In short we need to Make America Great Again with jobs, opportunities and stop the BS. But then the elite in DC won’t get richer by lobbyists so they will fight it.


12 posted on 03/21/2016 10:44:08 AM PDT by nclaurel
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To: nclaurel

My lay relatives, the generation older than my parents, used to talk about doc sec and its inception as a terrible plan for exactly these reasons. They could see it was a stupid destructive political democrat plan and that his would obviously come to pass later on which is now


13 posted on 03/21/2016 11:02:04 AM PDT by stanne
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To: stanne

My late relatives...

And they weren’t even considering the later stupid politically driven pharmaceutical industry driven rampant birth control


14 posted on 03/21/2016 11:03:50 AM PDT by stanne
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To: randita

Medicare is deducted from Senior’s Social Security. It is not free to seniors.

The problem is the doors have been open into all these programs, which taxpayers paid into, and now they are running out of money because every Tom, Dick, and Harriet, are able to claim against these programs -WHEN THEY NEVER PUT A CENT INTO THEM.


15 posted on 03/21/2016 11:12:26 AM PDT by CyberAnt ("Peace Through Strength")
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To: Dana1960
The only way you get Medicare and Medicaid under control are:

1. Pay doctors and hospitals significantly less. This may sound good, but don't be surprised if your doctor retires early or your community hospital closes its doors.

2. Start seriously restricting the medical services/procedures performed.

3. Double or triple the Medicare taxes paid by younger workers and employers.

16 posted on 03/21/2016 11:16:43 AM PDT by Eric Pode of Croydon (President Hillary Clinton will attend Donald Trump's next wedding.)
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To: CyberAnt
No, Medicare's problem is the increasing demographic imbalance between the old and the young.

5-6 workers per retiree - easy peasy.

2 workers per retiree - crash and burn.

17 posted on 03/21/2016 11:19:24 AM PDT by Eric Pode of Croydon (President Hillary Clinton will attend Donald Trump's next wedding.)
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To: Dana1960

The more I listen to Cruz, the less I like him. I’ll vote for who ever the Republican nominee is over Hitlery in the general election.

Trump is the only one who isn’t bought and paid for by special interest groups, lobbyists, ect.

TRUMP 2016!


18 posted on 03/21/2016 11:27:47 AM PDT by Lions Gate
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To: Lions Gate
Trump is the only one who isn’t bought and paid for by special interest groups, lobbyists, ect.

Will you still say that if Trump gets the nomination and he starts taking money from all those special interest groups and lobbyists? Because he has already said he would.

19 posted on 03/21/2016 11:29:46 AM PDT by CA Conservative (Texan by birth, Californian by circumstance)
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To: Eric Pode of Croydon
The only way you get Medicare and Medicaid under control are...

There are very few facts in circulation about exactly where Medicare and Medicaid expenditures go.

I happen to be on Medicare -- I've been a dialysis patient or ten years, come May (though I'm not a diabetic).

I have heard that dialysis patients account for up to 2/3 of all Medicare costs. I've no idea whether that's true or not -- but I wouldn't be surprised.

One factor that, I believe, is unique to dialysis. Once dialysis becomes a requirement, the patient is deemed eligible for Medicare regardless of age (act of Congress). Consequently, almost no dialysis expense is funded by private insurance -- almost the entire burden is carried by Medicare.

Dialysis patients dialyze 3 times per week, every week, until they die. If we don't do that, we will die of kidney failure in short order.

Obviously, keeping us alive is a pretty expensive proposition. Shifting some of the burden back to private insurance would raise premiums, obviously. But it would serve to reduce Medicare expenses and make them more in line with the bill's original intent, anyway.

20 posted on 03/21/2016 11:35:59 AM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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