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State of the Living Dead (California Health Care Plan)
Wall Street Journal ^ | 12 January 2008 | Editorial Staff

Posted on 01/12/2008 8:36:47 AM PST by shrinkermd

Thus Mr. Schwarzenegger's ambitions didn't die -- but for now, maybe call them the living dead. The negotiators rushed to patch together a policy framework before 2007 ended, but they didn't have the votes to actually pay for it... So if this scheme is to become reality, new taxes on tobacco, hospitals and business must be ratified by voters in a November ballot initiative.

Assuming that the bill reaches Mr. Schwarzenegger's desk at all. His plan may hit a wall in the state Senate, where President Pro Tem Don Perata, a Democrat, has qualms about the plan's cost in the midst of a budget meltdown. Apparently, Mr. Perata is one of the few adults in Sacramento.

Mr. Schwarzenegger and his collaborators insist their proposal is revenue neutral and requires no new spending after the start-up costs. But the numbers are flimsy.... With good reason -- these health plans are always more expensive than predicted.

But that's what happens with governance via political ego. Having invested himself so fully in the congratulations for "doing something" about health care, Mr. Schwarzenegger wanted a plan, anything to claim victory. He's spinning it as "post-partisan" pragmatism. At least he's not calling it a "free market" solution, as did Mitt Romney after he pioneered a similar plan.

Like Massachusetts, Mr. Schwarzenegger's program is built around the "individual mandate," which requires that everyone acquire insurance or else pay penalties. While bumping up subsidies for the uninsured, California would also lay down more severe insurance regulations, instituting price controls and compelling companies to offer policies to all applicants without regard to age or health condition. Such mandates have all but devastated the insurance markets in every other state where they've been tried, but then all this is the triumph of politics over experience anyway

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Editorial; Politics/Elections; US: California
KEYWORDS: arnoldcare; california; healthcare

1 posted on 01/12/2008 8:36:49 AM PST by shrinkermd
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To: shrinkermd

WSJ where the globalist liberal meets the hedge fund crook, and they both are driving this country off a cliff.


2 posted on 01/12/2008 8:38:50 AM PST by junta (It's Poltical Correctness stupid! Hold liberals accountable for their actions, a new idea.)
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To: shrinkermd

Why does any person, insurance company or any other business stay in the state is beyond me.


3 posted on 01/12/2008 8:40:32 AM PST by BipolarBob (I've been stung by honey bees and bumblebees. I don't want no huckle bee.)
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


4 posted on 01/12/2008 8:45:21 AM PST by Republic Rocker
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


5 posted on 01/12/2008 8:45:32 AM PST by Republic Rocker
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


6 posted on 01/12/2008 8:45:34 AM PST by Republic Rocker
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


7 posted on 01/12/2008 8:45:34 AM PST by Republic Rocker
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


8 posted on 01/12/2008 8:45:36 AM PST by Republic Rocker
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To: BipolarBob

And why do these guys keep throwing out “Liberal” ideas like higher taxs and more entitlement when we all know it doesn’t work......?


9 posted on 01/12/2008 8:45:36 AM PST by Republic Rocker
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To: BipolarBob
Why does any person, insurance company or any other business stay in the state is beyond me.

Have you ever lived here?

If you did and you loved your home and your state you would roll up your sleeves every day to fight this kind of crap -- which I do. By the way, as you can see by the article, Arnold's stupid plan is DOA.

10 posted on 01/12/2008 8:51:51 AM PST by ElkGroveDan (I'm sick and tired of being sick and tired of all the politics in politics.)
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To: BipolarBob
Why does any person, insurance company or any other business stay in the state is beyond me.

As long as most do, there is still profit in staying. For larger firms, California's taxes and regulations are a mere nuisance compared to the huge profits that can be made here. It's smaller, low-margin businesses that are getting killed - or can't ever get off to a good start in the first place.

It's just a different set of rules: California's high taxes, high regulations, and large and rich customer base vs. low taxes, less regulation, smaller and poorer customer base in some other states. You just have to decide whether you can develop a business plan to adapt to market conditions and regulatory risk.

11 posted on 01/12/2008 8:53:15 AM PST by Mr. Jeeves ("Wise men don't need to debate; men who need to debate are not wise." -- Tao Te Ching)
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To: shrinkermd

New taxes on hospitals? ROTFLMAO

I guess taking care of millions of illegals for less than cost wasn’t enough.

“I have the ultimate plan. Hospitals provide services for free and everyone get’s top rate health care.”

There, it’s fixed.

Next we get free mechanical work on our cars, then free food, then free electricity, then free... oh hell, you name it. It’s all free. Hospitals can pay for all of it.


12 posted on 01/12/2008 8:54:03 AM PST by DoughtyOne (< fence >< sound immigration policies >< /weasles >< /RINOs >< /Reagan wannabees that are liberal >)
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To: junta
Mr. Perata is leery of potential consequences for the state's general fund. With good reason -- these health plans are always more expensive than predicted.

But that's what happens with governance via political ego. Having invested himself so fully in the congratulations for "doing something" about health care, Mr. Schwarzenegger wanted a plan, anything to claim victory.

He's spinning it as "post-partisan" pragmatism. At least he's not calling it a "free market" solution, as did Mitt Romney after he pioneered a similar plan.

No much globalist or liberal sentiment in this WSJ analysis.

13 posted on 01/12/2008 8:58:12 AM PST by BenLurkin
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To: shrinkermd

“No new spending after the start-up costs”......

They aren’t telling you that the “start-up” could take 40 years, and that they will have to build “camps” for the employers who refuse to go along with this Marxist plan....


14 posted on 01/12/2008 9:17:56 AM PST by ridesthemiles
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To: BipolarBob

Why does any person, insurance company or any other business stay in the state is beyond me.”

Buy stock in U-Haul, etc.

They are leaving in droves. I am next door in Nevada, and all those homes which were flooded a week ago today were almost all under 4 years old. Last time they had a levee break, it only affected a hay field—honest.

The reasons for leaving Kalifornia are varied, but the biggest problem is that they are bringing alot of the same problems to wherever they go.

One lady called the Lyon County building department and asked who she had to talk to to get power, street lights, paved road and curb and gutters installed where she just moved to.

The building dept had to inform her that she had bought property OFF THE GRID- but she could call the power company and pay them to run power to her if she could afford it. Then they informed her that there were no plans for the next 30+ years to put paved streets (they are gravel) anywhere near her property, and even where there is power and some paved streets elsewhere in Lyon County, there are no curbs and gutters outside of towns, and very few street lights. She was flumoxed that she couldn’t get all that at the taxpayer expense and have it within a month or so.

Then they questioned her further, and found out that she had bought the place sight unseen.


15 posted on 01/12/2008 9:25:26 AM PST by ridesthemiles
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To: ElkGroveDan; Mr. Jeeves

I have not lived there before. But it seems like a hostile environment to “incubate” new businesses. It is tough enough in a normal state. The restrictions and/or uncertainties under which businesses operate would make me wish to leave and not come back. I believe I read several years ago insurance companies threatened to do just that and a bill was killed on the spot. Why put up with that kind of at your throat worries?


16 posted on 01/12/2008 9:39:24 AM PST by BipolarBob (I've been stung by honey bees and bumblebees. I don't want no huckle bee.)
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To: All

Anyone who believes that Perata is truly concerned about the cost of the plan is delusional. Why would any democrat anguish over the cost of any health care plan, particularly free health care for all?

Is it possible Perata and his unindicted coconspirators are thinking that free health care on demand for all might not actually be free. Theirs is. Why wouldn’t everyone else’s be?


17 posted on 01/12/2008 10:13:50 AM PST by DPMD
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To: DPMD
Anyone who believes that Perata is truly concerned about the cost of the plan is delusional.

Boy, do I ever agree with you. I laughed out loud when I read the following sentence from the article:

Mr. Perata is one of the few adults in Sacramento.

LOL.

18 posted on 01/12/2008 1:53:40 PM PST by DumpsterDiver
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To: long hard slogger; FormerACLUmember; Harrius Magnus; Lynne; hocndoc; parousia; Hydroshock; ...
Socialized Medicine aka Universal Health Care PING LIST

FReepmail me if you want to be added to or removed from this ping list.
19 posted on 01/13/2008 7:20:23 AM PST by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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