posted March 13, 2012 10:44 PM            

How do you spell irony?

I don't particularly like the term obamacare- Affordable care act was too lengthy for the header.

posted March 14, 2012 11:38 AM            

The title to your thread as well as the title to the story you linked to is horseshiiit.

Perhaps you didn't bother to actually read further than the headline but I did.

The subject of this story...which by the way should never have been written and if written should never have gotten past the Forbes editor...is named Mary.

Mary and her husband ran an auto repair business which got into financial difficulty...no doubt due to the dunce in the White House, O'Bomber, who has destroyed the American economy.

The story says Mary and her husband filed bankruptcy on $55,000 in debt. In a bankruptcy filing ALL debts are listed.

Now, the interesting thing is that of that $55,000 of listed debt only $4,500 was medical debt...only 8% of the debt for which they were seeking relief.

That makes the headline of this story and title of your thread a lie and not just a simple lie but a damned lie.

posted March 14, 2012 12:02 PM            

quote:

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Originally posted by jwhop:
[b]"Plaintiff In Anti-Obamacare Lawsuit Bankrupted By Medical Bills"

The title to your thread as well as the title to the story you linked to is horseshiiit.

Perhaps you didn't bother to actually read further than the headline but I did.

The subject of this story...which by the way should never have been written and if written should never have gotten past the Forbes editor...is named Mary.

Mary and her husband ran an auto repair business which got into financial difficulty...no doubt due to the dunce in the White House, O'Bomber, who has destroyed the American economy.

The story says Mary and her husband filed bankruptcy on $55,000 in debt. In a bankruptcy filing ALL debts are listed.

Now, the interesting thing is that of that $55,000 of listed debt only $4,500 was medical debt...only 8% of the debt for which they were seeking relief.

That makes the headline of this story and title of your thread a lie and not just a simple lie but a damned lie.

Mary and her husband were not bankrupted by medical bills but by the financial disaster of their failing BUSINESS![/B]

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Double thumb

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Passion, Lust, Desire. Check out my journal

posted March 14, 2012 03:36 PM            

The point for those who missed it ^^ - ^^

quote:

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The relevant math is that when someone can’t pay their medical bills-and they take bankruptcy for ANY combination of bills that makes you happy- those of us who do purchase health insurance end up paying for that unpaid medical bill. We will not be paying for Mrs. Brown’s missed car payments. The finance company has insurance for that and bad debts are not a factor in the interest rate the rest of us pay when we finance a car. We will not be paying for whatever she owes on her credit cards- certainly not the principal. We will, however, be paying for the $4500 she ran up with the medical providers whom she will not have to pay.
It is the fact that we will be paying that is the point – whether it is $4,500, $45,000 or $450,000.

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posted March 14, 2012 10:48 PM            

As for cost shifting, it goes on in America all the time. If you have a phone..either landline or cell or both, you are paying a higher rate because many people are getting reduced rates or free phone and service from the phone companies. You're paying for them.

Would you like to talk about the cost shifting in the mortgage finance industry? Financial institutions set aside low interest money for low income housing finance. Who do you think makes up the difference when that lender makes a loan to middle income or higher income borrower?

How many other areas of cost shifting would you like to visit Node?

There's something else wrong with this story and it involves cost shifting...which didn't happen. When Mary and her husband filed bankruptcy and listed that hospital debt, the hospital wrote it off as bad debt or uncollectable debt. That means they wrote it off as a loss against their profits on the corporate tax return they filed...and thereby reduced their income taxes. Further, it's not a percenatage of the bad debt that can be written off against any profits but the entire amount. If Mary and her husband ever go back and pay the hospital, then, that payment will be counted as "income" and become a taxable event.

posted March 15, 2012 02:21 AM            

and we are all paying the cost of the shenanigans in the financial sector that burst open in 08 ... except those in the financial sector who are making more money than ever, that is...and there are plenty of them.

and STILL no one will admit what a SOCIALIST mandate reagan's was. the comeback is generally "but that is the compassionate thing to do" well, duh, it is also compassionate to mandate that people buy insurance so the doctors who save those broke people can get paid..but that wasn't reagan, former union president, it was obama, former community organizer, and because we LIKED reagan, HE couldn't do a socialist thing, but we hate obama so obviously everything he does must be socialist.

posted March 15, 2012 09:59 AM            

The title to this thread AND the story linked to this thread are both damned lies.

Mary..the subject of this lying headline...and her husband were not bankrupted by medical bills..which represented only 8% of the listed debt on their bankruptcy filing.

As for "cost shifting", the biggest "cost shifting" operation in America happens when 49% of Americans pay not one penny in income taxes...not one penny. This country is full of free-loading, something for nothing slackers and moochers, riding on the backs of productive working Americans who have to pick up the free-loadering moochers share of income taxes as well as paying their own.

Guess which political party these people are registered with...and whom they vote for.

posted March 15, 2012 01:49 PM            

Republicans believe in working their way through life...not riding on the backs of productive citizens...or having government pick the pockets of productive citizens to hand out goodies from the government to buy demoscat voters.

posted March 15, 2012 02:19 PM            

quote:

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Originally posted by jwhop:
I don't know a single Republican on Welfare or unemployment.

Republicans believe in working their way through life...not riding on the backs of productive citizens...or having government pick the pockets of productive citizens to hand out goodies from the government to buy demoscat voters.

AND, the title of the story linked to this thread and the title to this thread remains a damned lie.

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Yepster

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Passion, Lust, Desire. Check out my journal

posted March 15, 2012 06:30 PM            

It's a free country...still...katatonic.

Knock yourself out and go looking.

posted March 15, 2012 06:35 PM            

quote:

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Originally posted by jwhop:
"(though i self-define as conservative) and i have never had a handout either from the govt or my parents. but i bet i can find a republican (or a few thousand) who have"...katatonic

It's a free country...still...katatonic.

Knock yourself out and go looking.

As for you being or self identifying as a conservative; is that supposed to be a laugh line?

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DARN Roll on the entire floor and down the street

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Passion, Lust, Desire. Check out my journal