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(Vanity) CBO and GAO projected costs of prescription drug so-called "benefit" are staggaring
various ^ | 4-14-05 | babylontoday

Posted on 04/14/2005 1:46:32 PM PDT by babylontoday

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To: econ_grad

You have a fear of the facts as I demonstrated, and you confirmed, through your own GREED. Please visit the links detailed in the post above, and I would LOVE to be proven wrong. I want nothing more. As I am sure Excel software would love to correct their trend software. Meanwhile your ignorance and lack of willingness to accept common sense will condemn you to a future of what you have already obviously suffered. I feel sorry for you.


41 posted on 04/14/2005 4:31:33 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: econ_grad
Actually if you had Gore or Kerry proposing these programs we would have Republicans in Congress fighting against them. Bush totally got away with fudging the numbers in his prescription drug plan. If Gore/Kerry did it, we would start impeachment proceedings.

An excellent point, but frankly I don't think the Big Government Republican Party has the balls to fight for taxpayers. They're now too busy getting fat off taxpayers.

42 posted on 04/14/2005 4:31:39 PM PDT by Hank Rearden (Never allow anyone who could only get a government job attempt to tell you how to run your life.)
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To: Hank Rearden

Sad but true. But historically, Republicans are responsible for passing the most socialist legislation simply because the democrats wanted to, but couldn't have gotten away with it.


43 posted on 04/14/2005 4:33:59 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: babylontoday

What the f*** does Nasdaq returns show anything? Stock markets go up and down, with or without terrorism. 9/11 only caused a temporary blip in the stock market. Write down a model and back up with data what you are trying to show, which I am still not sure of.


44 posted on 04/14/2005 4:34:50 PM PDT by econ_grad
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To: Hank Rearden

Of course not. The Republicans want to generate some Laffer curve effects to pay for their big govt spending. They don't want to cut govt, they want to trim it here and there to make it a little more efficient but without eliminating the scope of the govt. There is only one political party in this country - the pro govt party. It is in no one's interest to cut the size and scope of the govt.


45 posted on 04/14/2005 4:37:10 PM PDT by econ_grad
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To: econ_grad

I must have struck a nerve. And yes as I indicated the chart of the Nas does not even recognize Bin Ladin. The market is the product of social mood. The difference according to the reasoned approach by Robert Prechter is "The Financial/Economic Dichotomy' on the Stark difference between the Law of Supply and Demand, which causes equilibrium in prices for utilitarian goods and services, and the Law of Patterned Herding, which causes dynamism in prices for financial instruments. In economics higher prices deter buying, in finance, higher prices seem to attract buying." So the Nasdaq indicates social mood. It improved after 9-11 because folks could attach a reason to their already felt misery.

Further, the links to my home page merely project trends that have been in place for decades, into the future. If you believe that these trends could not continue at present rates, I would agree, and sadly, that will be our undoing.


46 posted on 04/14/2005 4:44:26 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: econ_grad

I must have struck a nerve. And yes as I indicated the chart of the Nas does not even recognize Bin Ladin. The market is the product of social mood. The difference according to the reasoned approach by Robert Prechter is "The Financial/Economic Dichotomy' on the Stark difference between the Law of Supply and Demand, which causes equilibrium in prices for utilitarian goods and services, and the Law of Patterned Herding, which causes dynamism in prices for financial instruments. In economics higher prices deter buying, in finance, higher prices seem to attract buying." So the Nasdaq indicates social mood. It improved after 9-11 because folks could attach a reason to their already felt misery.

Further, the links to my home page merely project trends that have been in place for decades, into the future. If you believe that these trends could not continue at present rates, I would agree, and sadly, that will be our undoing.


47 posted on 04/14/2005 4:45:01 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: babylontoday

In what ways are you disagreeing with me?


48 posted on 04/14/2005 4:52:13 PM PDT by econ_grad
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To: econ_grad

"I have no time for stupidity."
This was your response to the facts I presented. And mass social mood has absolutely nothing do do with Bin Ladin, as the work "Exraordinary Popular Delusions and the madness of Crowds", written in 1852 will attest. There is nothing new under the sun. Full text of book here:
http://www.bibliomania.com/2/1/73/2451/28545/1/frameset.html


49 posted on 04/14/2005 4:59:53 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: Hi Heels

And Free Reep would have labeled Paul Revere Vane and self-promoting.


50 posted on 04/14/2005 5:04:49 PM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: babylontoday

I didn't call your post anything except misspelled. Hello?


51 posted on 04/14/2005 6:20:51 PM PDT by Hi Heels ("Who the hell wants to hear actors talk?" H.M. Warner, Warner Brothers, 1927)
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To: babylontoday; Admin Moderator

*snort*... Well, ONE of us is a nitwit, but I jest don't think it's me or the mod....


52 posted on 04/14/2005 6:23:26 PM PDT by Hi Heels ("Who the hell wants to hear actors talk?" H.M. Warner, Warner Brothers, 1927)
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To: babylontoday
STAGGERING.
53 posted on 04/14/2005 6:28:50 PM PDT by Hi Heels ("Who the hell wants to hear actors talk?" H.M. Warner, Warner Brothers, 1927)
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To: babylontoday
And on what basis did Phantom Lord predict the future?

History. Every government program ever inacted ends up costing many many many times more than projected when inacted.

Take medicare/medicaid for example. Original projections for the yearly cost of the program were around $20 billion. Today it is many times that.

54 posted on 04/15/2005 6:25:25 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: econ_grad
There is only one political party in this country - the pro govt party. It is in no one's interest to cut the size and scope of the govt.

Everyone would benefit from a pro-liberty society.

55 posted on 04/15/2005 6:43:11 AM PDT by secretagent
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To: secretagent

Everyone but career politicians and those who would rather live off of govt patronage - and that is about 70% of our society.


56 posted on 04/15/2005 9:53:42 AM PDT by econ_grad
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To: babylontoday

The reason I use my website to demonstrate the CBO projections in graph form is because I cannot find any others.
http://www.babylontoday.com/#cbo_drug
Nor can I find anyone who has done a projection using Microsoft Excel. Is that how you define vanity?
http://www.babylontoday.com/#prescription_drug_projection
Nor have I found anyone using snippets from the U.S. Financial Statement.
http://www.babylontoday.com/#prescription_drug_benefit


57 posted on 06/23/2005 3:46:02 AM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: babylontoday

My prediction is that when the government starts paying for drugs, it will put a cap on what it will pay, like it does with Medicare. If I owned drug stock, I'd dump it.


58 posted on 06/23/2005 3:48:11 AM PDT by kittymyrib
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To: babylontoday

And the reason I cite my website is because I cannot find any other site that graphed the CBO projected spending
http://www.babylontoday.com/#cbo_drug
Or used Microsoft Excel to project it forward
http://www.babylontoday.com/#prescription_drug_projection
Or took snippets of the U.S. financial statement related to it.
http://www.babylontoday.com/#debt_burden


59 posted on 06/23/2005 4:18:49 AM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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To: Hi Heels

eeekk. Sorry Hi Heels. I'm not used to forums where space is spent correcting spelling unless it changes the meaning of a word. I think you can perhaps understand how I misunderstood your post when all you wrote was "Staggering. Please?"
Again Sorry


60 posted on 06/23/2005 5:02:25 AM PDT by babylontoday (http://www.babylontoday.com/general_assets.htm)
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